NOT LISTED FOR SALE

718 Tom Morris Ln SW Concord, NC 28027

Estimated Value: $523,000 - $565,000

4 Beds
3.5 Baths
2,564 Sq Ft
$211/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $500,000 $195 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,481/month

78 Days on Market

Highlights

  • Open Floorplan
  • Clubhouse
  • Community Pool
  • Pitts School Road Elementary School Rated A-
  • Wood Flooring
  • Tennis Courts

About This Home

As of November 2022

Motivated sellers are ready to move! This is an exceptional deal! Wonderfully maintained home and single owner. Updates include NEW furnace/AC 2021, New roof 2020, New water heater 2022, Mini-split to upstairs BR/Bonus 2021 per owner. Beautiful fenced yard, with stone paver patio, well fed irrigation, covered front porch and full brick exterior. 3BR, including primary on main level with huge BR/Bonus and full bath upstairs. ALL hardwood flooring down and tile in ALL baths. Upstairs is the only carpet. Oversized garage has side workshop/storage area. Attic is walk in and great space. Several walk in closets, under stairs closets, pantry. Double sinks in Primary bath and Jack and Jill, so it's set up perfectly to share. Granite countertops, great kitchen, soaring ceiling in Great room with gas fireplace. Formal Dining room and separate office with French door. This home has it all.

Last Listed By

Karen Browder

Southern Homes of the Carolinas, Inc License #184471 Listed on: 08/06/2022

Southern Homes of the Carolinas, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,763

Year Built

  • Built in 2001

Lot Details

  • Fenced
  • Level Lot
  • Irrigation
  • Zoning described as CURM-2

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Ceiling Fan
  • Great Room with Fireplace
  • Crawl Space
  • Attic Fan

Kitchen

  • Breakfast Bar
  • Self-Cleaning Convection Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Garden Bath

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • Attached Garage
  • Side Facing Garage

Outdoor Features

  • Patio

Schools

  • Pitts Elementary School
  • Roberta Road Middle School
  • Jay M. Robinson High School

Utilities

  • Central Heating
  • Vented Exhaust Fan
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5508-77-7081

Community Details

Overview

  • Hawthorne Management Association, Phone Number (704) 377-0114
  • Morris Glen Subdivision

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Community Pool

Additional Features

  • Clubhouse
  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,763

Year Built

Built in 2001

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2001
  • Ratio Current Price By Acre: 1724137.93
  • Restrictions: Architectural Review
  • Road Surface Type: Concrete
  • Structure Type: One and a Half Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 195.01
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Fan, Attic Walk In, Breakfast Bar, Cable Available, Garden Tub, Open Floorplan, Pantry, Tray Ceiling
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2153
  • 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: 411
  • Porch: Covered,Front,Patio
  • Appliances: Cable Prewire, Ceiling Fan(s), CO Detector, Convection Oven, Electric Cooktop, Dishwasher, Electric Oven, Electric Dryer Hookup, Electric Range, Exhaust Fan, Plumbed For Ice Maker, Microwave, Self Cleaning Oven
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Great Room, Gas
  • Living Area: 2564
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fence, In-Ground Irrigation, Other
  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Concord
  • Construction Type: Site Built
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 520
  • Parking Features: Attached Garage, Garage - 2 Car, Keypad Entry, Side Load Garage

Utilities

  • Heating: Central, Ductless, Gas Hot Air Furnace, Heat Pump, Natural Gas
  • Sewer: Public Sewer
  • Water Heater: Gas,Natural Gas
  • Laundry Features: Main Level
  • Water Source: Public, Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Outdoor Pool, Playground, Recreation Area, Tennis Court(s)
  • Association Fee: 150
  • Association Fee Frequency: Quarterly
  • Association Name: Hawthorne Management
  • Phone: 704-377-0114
  • ResoAssociationFeeFrequency: Quarterly

Schools

  • Middle Or Junior School: Roberta Road
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 600.00

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.29
  • Lot Size Units: Acres
  • Parcel Number: 5508-77-7081
  • Zoning Description: CURM-2
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.61918

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Pitts School
  • High School: Jay M. Robinson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2022
Closed on
Nov 18, 2022
Sold by
Frye Steven E and Frye Janice D
Bought by
Hartman Vickie W and Fink Justin E
Seller's Agent
Karen Browder
Southern Homes of the Carolinas, Inc
Buyer's Agent
Makayla Parker
Center Point Properties LLC
List Price
$527,900
Sold Price
$500,000
Premium/Discount to List
-$27,900
-5.29%
Total Days on Market
78
Views
66
Current Estimated Value
$541,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,926
Avg. Annual Appreciation
3.25%
Original Mortgage
$500,000
Outstanding Balance
$487,457
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$54,469

Purchase Details

Closed on
Mar 27, 2002
Sold by
Ufton Classic Homes Inc
Bought by
Frye Steven E and Frye Janice D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.98%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 20, 2000
Sold by
Allen Craven Llc
Bought by
Upton Classic Homes Inc

Range of Values:

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Average Value
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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
Hartman Vickie W $500,000 --
Frye Steven E $237,000 --
Upton Classic Homes Inc $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartman Vickie W $500,000
Previous Owner Frye Steven E $71,500
Previous Owner Upton Classic Homes Inc $50,000
Previous Owner Frye Steven E $77,000
Previous Owner Upton Classic Homes Inc $172,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $500,000 -1.6% $195 / Sq Ft
10/23/2022 10/23/22 Pending -- -- --
09/19/2022 09/19/22 Price Changed $508,000 -2.9% $198 / Sq Ft
08/25/2022 08/25/22 Price Changed $523,000 -0.9% $204 / Sq Ft
08/06/2022 08/06/22 For Sale $527,900 -- $206 / 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 $4,763 $478,200 $100,000 $378,200
2023 $3,828 $313,740 $65,000 $248,740
2022 $3,828 $313,740 $65,000 $248,740
2021 $1,914 $313,740 $65,000 $248,740
2020 $3,828 $313,740 $65,000 $248,740
2019 $1,739 $285,130 $55,000 $230,130
2018 $3,422 $285,130 $55,000 $230,130
2017 $3,365 $285,130 $55,000 $230,130
2016 $1,996 $267,070 $55,000 $212,070
2015 $3,151 $267,070 $55,000 $212,070
2014 $3,151 $267,070 $55,000 $212,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3889320

Canopy MLS (Canopy Realtor® Association)

APN: 5508-77-7081-0000