NOT LISTED FOR SALE

7044 Waterwheel St SW Unit 145 Concord, NC 28025

Estimated Value: $487,451 - $500,000

4 Beds
2.5 Baths
2,491 Sq Ft
$198/Sq Ft Est. Value

Last Sold January 05, 2021

Last sale price $351,115 $141 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,058/month

5 Days on Market

Highlights

  • Fitness Center
  • New Construction
  • Clubhouse
  • Patriots Elementary School Rated A-
  • Open Floorplan
  • Community Pool

About This Home

As of January 2021

Proposed Home. This home is more than just great looking, it’s smart and versatile, with a spacious, inviting floorplan. It adapts to fit your life – functional, but never stuffy. A variety of gorgeous exteriors all come with a covered entry. Customize your flex room to be your living room, dining room or a study with French doors. The family room flows into the kitchen and dining area, so you can grab a drink without missing the conversation. Add a covered porch for those warm summer evenings, or a fireplace for chilly winter ones. On the second floor, four large bedrooms await (or three and a comfy loft space, if you prefer). In the owner’s suite, there’s a large, walk-in closet and luxurious bathroom. And as most of your clothes begin and end their day on the second floor, the laundry room is up here, too. No matter what you need from a home, this versatile floorplan more than delivers.

Last Agent to Sell the Property

Jerry Smith

NVR Homes, Inc./Ryan Homes Brokerage Email: Jesmith@nvrinc.com License #126145 Listed on: 06/18/2020

Last Buyer's Agent

Gopal Kasarla

Prime Real Estate Advisors LLC License #83836

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,491

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 10,497 Sq Ft Lot
  • Property is zoned PUD

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Insulated Windows
  • Vinyl Flooring

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Patio

Schools

  • Patriots Elementary School
  • C.C. Griffin Middle School
  • Hickory Ridge High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 55277446230000

Community Details

Overview

  • Property has a Home Owners Association
  • Built by Ryan Homes
  • The Mills At Rocky River Subdivision, Columbia Floorplan

Amenities

  • Clubhouse

Recreation

  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,491

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2020
  • Proposed Completion Date: 2020-11-01
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 140.95
  • Attribution Contact: Jesmith@nvrinc.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Cable Prewire, Garden Tub, Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1125
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1366
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Self Cleaning Oven, Tankless Water Heater
  • Above Grade Finished Sq Ft: 2491
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 2491
  • Window Features: Insulated Window(s)
  • Bedroom Main: 0
  • Room Count: 8

Exterior Features

  • New Construction: Yes
  • Construction Type: Site Built
  • Construction Type: Vinyl
  • Patio And Porch Features: Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 445
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached Garage, Garage Door Opener

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Upper Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Zoned
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Outdoor Pool, Playground, Recreation Area
  • Association: Yes

Schools

  • Middle Or Junior School: C.C. Griffin
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.241
  • Lot Size Units: Acres
  • Parcel Number: 55277446230000
  • Zoning: PUD
  • Plat Reference Section Pages: 215
  • Development Status: Proposed
  • Lot Size Acres: 0.241
  • Lot Size Sq Ft: 10497
  • ResoLotSizeUnits: Acres
  • Zoning Specification: PUD

Building Info

  • Builder Name: Ryan Homes

MLS Schools

  • Elementary School: Patriots
  • High School: Hickory Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Nov 23, 2020
Sold by
Nvr Inc
Bought by
Saha Suman and Saha Laboni
Seller's Agent
Jerry Smith
NVR Homes, Inc./Ryan Homes
Buyer's Agent
Gopal Kasarla
Prime Real Estate Advisors LLC
List Price
$331,990
Sold Price
$351,115
Premium/Discount to List
$19,125
5.76%
Current Estimated Value
$492,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,498
Avg. Annual Appreciation
7.54%
Original Mortgage
$316,004
Interest Rate
2.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Saha Suman $351,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saha Suman $309,416
Closed Saha Suman $316,004
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2021 01/05/21 Sold $351,115 +5.8% $141 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $331,990 -- $133 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,491 $450,930 $100,000 $350,930
2023 $3,707 $303,830 $60,000 $243,830
2022 $3,707 $303,830 $60,000 $243,830
2021 $3,707 $303,830 $60,000 $243,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3632489

Canopy MLS (Canopy Realtor® Association)

APN: 5527-74-4623-0000