NOT LISTED FOR SALE

7166 Waterwheel St SW Unit 116 Concord, NC 28025

Estimated Value: $519,000 - $569,000

5 Beds
3 Baths
3,010 Sq Ft
$181/Sq Ft Est. Value

Last Sold July 05, 2022

Last sale price $562,085 $187 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,359/month

Highlights

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

About This Home

As of July 2022

Offering a gorgeous exterior and an intelligent, smart interior layout. Design from beautiful facades on the outside, and grand, light-filled spaces on the inside. You’ll also enjoy the convenient, flexible floorplan and generous room for storage. The foyer is open and airy, while the front flexible room can be whatever you imagine–playroom, living room, or formal dining room. Add French-doors to create a library for some old-world charm. The kitchen has a large island and walk-in pantry, and opens into the dining area and family room. First Floor Bedroom, complete with full bath available. Upstairs, the loft makes for a great family hang-out or another bedroom. The owner’s suite is a lavish oasis with two large walk-in closets that allow for exceptional order and accessibility. The master suite has a luxurious bathroom that can be customized to your preference. $5K paid in closing costs with our Preferred Lender.

Last Agent to Sell the Property

Jerry Smith

NVR Homes, Inc./Ryan Homes Brokerage Email: jesmith@nvrinc.com License #126145 Listed on: 11/15/2021

Last Buyer's Agent

Noah Goldberg

COMPASS License #326722

COMPASS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,165

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.25 Acre Lot
  • Property is zoned PUD

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Family Room with Fireplace
  • Carbon Monoxide Detectors

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Laundry

  • Laundry Room
  • Laundry on upper level
  • Electric Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 55276526240000

Community Details

Overview

  • Built by Ryan Homes
  • The Mills At Rocky River Subdivision, Lehigh A With Full Front Porch Floorplan
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,165

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2021
  • Proposed Completion Date: 2022-06-09
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 186.74
  • Attribution Contact: jesmith@nvrinc.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Cable Prewire, Garden Tub, Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1390
  • 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: 1620
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Exhaust Hood, Gas Oven, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Tankless Water Heater
  • Above Grade Finished Sq Ft: 3010
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Family Room
  • Living Area: 3010
  • Window Features: Insulated Window(s), Window Treatments
  • Bedroom Main: 1
  • Room Count: 12

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Vinyl
  • Patio And Porch Features: Covered, Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 430
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Attached Garage, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Outdoor Pool, Playground, Recreation Area
  • Association Fee: 67
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 804.00

Schools

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

Lot Info

  • Lot Size Area: 0.251
  • Lot Size Units: Acres
  • Parcel Number: 55276526240000
  • Plat Book Slide: 00085
  • Plat Reference Section Pages: 00042
  • Development Status: Completed
  • Lot Size Acres: 0.251
  • Lot Size Sq Ft: 10933
  • 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
Nov 15, 2021
Closed on
Jun 29, 2022
Sold by
Nvr Inc
Bought by
Shivankar Vinod and Shivankar Ashwini Vinod
Seller's Agent
Jerry Smith
NVR Homes, Inc./Ryan Homes
Buyer's Agent
Noah Goldberg
COMPASS
List Price
$553,620
Sold Price
$562,085
Premium/Discount to List
$8,465
1.53%
Current Estimated Value
$545,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,430
Avg. Annual Appreciation
-0.89%
Original Mortgage
$504,000
Outstanding Balance
$479,122
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$66,533

Purchase Details

Closed on
Apr 9, 2020
Sold by
Campbell Farms Charlotte Llc
Bought by
Nvr Inc
Source: Public Records

Range of Values:

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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
Shivankar Vinod $562,500 Costner Law Office Pllc
Nvr Inc $236,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shivankar Vinod $504,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2022 07/05/22 Sold $562,085 +1.5% $187 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
11/15/2021 11/15/21 For Sale $553,620 -- $184 / 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
2025 $5,165 $518,590 $100,000 $418,590
2024 $5,165 $518,590 $100,000 $418,590
2023 $3,998 $327,740 $60,000 $267,740
2022 $732 $60,000 $60,000 $0
2021 $732 $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3808172

Canopy MLS (Canopy Realtor® Association)

APN: 5527-65-2624-0000