NOT LISTED FOR SALE

7206 Timothy Dr Concord, NC 28025

Estimated Value: $982,000 - $1,057,641

4 Beds
3.5 Baths
4,037 Sq Ft
$256/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $750,000 $186 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,953/month

19 Days on Market

Highlights

  • Open Floorplan
  • Transitional Architecture
  • Whirlpool Bathtub
  • Pond
  • Wood Flooring
  • Circular Driveway

About This Home

As of February 2021

Experience nature in this custom 4 BR, 3.5 baths home situated on 13+ wooded acres. Open floor plan overlooking a pond, woods & nature all around. Stone fireplace is gas or can be wood burning. Kitchen has plenty of Hickory cabinetry w/pull out drawers, matching refrigerator panels, 2 Bosh dishwashers, Viking 6 burner gas cooktop w/griddle, Brazilian wood floors. Master on main overlooking pond with en suite & jetted tub. Detailed list of custom construction in media section. There is a 2 BR/1.5 BA apt. over garage with separate entrance. Also, heated & cooled office with wi-fi off garage. Paradise awaits a car buff, hobbyist, work from home or just let me get out of the house type. Apartment could be income producing rental. This home has so many features to list. Partial list of extra details in media section. Septic is for a 7 BR but there are only 6. System just serviced & pumped. Also, house is wired for generator. ***BUYERS MUST BE PREAPPROVED BEFORE SHOWING!!!!

Last Agent to Sell the Property

Donna Sheppard

Southern Homes of the Carolinas, Inc License #83421 Listed on: 12/24/2020

Last Buyer's Agent

Rita Gilmore

G2 Real Estate License #286116

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • Front Green Space
  • Level Lot
  • Many Trees

Parking

  • Workshop in Garage
  • Circular Driveway
  • Gravel Driveway

Home Design

  • Transitional Architecture

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Window Treatments

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Whirlpool Bathtub
  • Garden Bath

Outdoor Features

  • Pond
  • Separate Outdoor Workshop

Utilities

  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5567-68-6424-0000

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 1.00402
  • Ratio Close Price By Original Li: 1.00402
  • Ratio Current Price By Acre: 57603.69
  • Ratio Current Price By Sq Ft: 185.78
  • Year Built: 1998
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished, Concrete
  • Upper Level Sq Ft: 733
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Beverage Refrigerator, Cable Prewire, Ceiling Fan(s), CO Detector, Convection Oven, Cooktop Gas, Dishwasher, Disposal, Electric Dryer Hookup, Exhaust Fan, Exhaust Hood, Gas Oven, Ice Maker Connection, Self Cleaning Oven, Wall Oven, Warming Drawer
  • Fireplace Description: Fireplace Insert, Gas Logs, Great Room, Primary Bedroom, Propane, Rec Room, Wood Burning, Woodstove
  • Fireplace: Yes
  • Flooring: Concrete, Tile, Wood
  • Interior Amenities: Breakfast Bar, Built-Ins, Cable Available, Garage Shop, Garden Tub, Kitchen Island, Open Floorplan, Walk-In Closet(s), Wet Bar, Whirlpool, Window Treatments
  • Laundry Location: Basement
  • Room Count: 4
  • Second Living Quarters: Upper Level Garage
  • Second Living Quarters Hla: 1328
  • Sq Ft Additional: 1328
  • Sq Ft Basement: 1636
  • Main Level Sq Ft: 1668
  • Total Sq Ft: 4037

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built
  • Exterior Features: Auto Shop, Wired Internet Available, Workshop

Garage/Parking

  • Driveway: Circular, Gravel
  • Parking: Detached Garage, Garage - 3 Car, Garage Door Opener, Parking Space - 4+

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Water Softener System, Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: A.T. Allen
  • Middle School: Mount Pleasant
  • High School: Mount Pleasant

Lot Info

  • Lot Features: Green Area, Level, Pond, Trees, Water view
  • Lot Size Area: 13.020
  • Parcel Number: 5567-68-6424-0000
  • Zoning Specification: AO

Tax Info

  • Tax Value: 498270.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2020
Closed on
Feb 25, 2021
Sold by
Dewitt Robert L and Dewitt Karolyn K
Bought by
Couch William Kendall and Couch Leslie Ann
Seller's Agent
Donna Sheppard
Southern Homes of the Carolinas, Inc
Buyer's Agent
Rita Gilmore
G2 Real Estate
List Price
$747,000
Sold Price
$750,000
Premium/Discount to List
$3,000
0.4%
Current Estimated Value
$1,034,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,410
Avg. Annual Appreciation
7.21%
Original Mortgage
$548,250
Outstanding Balance
$491,467
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$542,943

Purchase Details

Closed on
Jun 1, 1997
Bought by
Dewitt Robert J and Dewitt Wife

Purchase Details

Closed on
May 1, 1995
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
Couch William Kendall $750,000 None Available
Dewitt Robert J $33,000 --
-- $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Couch William Kendall $548,250
Closed Couch William Kendall $126,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2021 02/25/21 Sold $750,000 +0.4% $186 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
12/24/2020 12/24/20 For Sale $747,000 -- $185 / 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 $5,822 $874,170 $114,000 $760,170
2024 $5,822 $874,170 $114,000 $760,170
2023 $4,146 $498,270 $45,000 $453,270
2022 $4,146 $498,270 $45,000 $453,270
2021 $4,146 $498,270 $45,000 $453,270
2020 $4,146 $498,270 $45,000 $453,270
2019 $3,436 $412,930 $44,550 $368,380
2018 $3,353 $412,930 $44,550 $368,380
2017 $3,270 $412,930 $44,550 $368,380
2016 $3,270 $424,740 $94,840 $329,900
2015 $3,364 $424,740 $94,840 $329,900
2014 $3,364 $424,740 $94,840 $329,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3689792

Canopy MLS (Canopy Realtor® Association)

APN: 5567-68-6424-0000