NOT LISTED FOR SALE

7248 Three Sisters Ln Concord, NC 28027

Estimated Value: $1,268,000 - $1,926,000

1.68 Acres
$984,024 Price per Acre
73,181 Sq Ft Lot

Last Sold October 13, 2017

Last sale price $90,000

Est. 1,737% increase in value since last sale

Current estimated payment $10,089/month

543 Days on Market

About This Lot

As of October 2017

Build your dream home on this slightly sloping lot. Perfect for a partial crawl or full basement home. Restriction on sq. ft. but it is truly a great lot. Prestigious neighborhood and great schools. Large 1.68 acre lot, with septic across the road on a common area. Plently of room for a private pool, outdoor living areas and multiple garages. This is an amazing lot to build your new home! NO time limit to build, bring your own builder!

Last Agent to Sell the Property

Karen Browder

Southern Homes of the Carolinas, Inc License #184471 Listed on: 03/03/2016

Last Buyer's Agent

Cassandra Phipps

Atlantic Residential Realty License #195683

Property Details

Property Type

  • Land

Lot Details

  • Wooded Lot
  • Many Trees
  • Property is zoned Residential Lot

HOA Fees

  • $83 Monthly HOA Fees

Basement

  • Crawl Space

Community Details

  • Jacobs Ridge HOA, Phone Number (704) 933-2269

Listing and Financial Details

  • Assessor Parcel Number 4693-43-3704-0000

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.92784
  • Ratio Close Price By Original Li: 0.75630
  • Ratio Current Price By Acre: 53571.43
  • Restrictions: Architectural Review, Livestock Restriction, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Restrictions Description: Yes
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space
  • H O A Management Phone: 704-933-2269

Exterior Features

  • Publically Maintained Road: Yes
  • Cleared Acres: 0.18

Utilities

  • Sewer: Septic Tank
  • Water: City Water, Connection Fee Required

Condo/Co-op/Association

  • Association Fee: 1000.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Jacobs Ridge HOA
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Charles E. Boger
  • Middle School: Northwest Cabarrus
  • High School: Northwest Cabarrus

Lot Info

  • Lot Dimension: 222x336x221x318
  • Lot Features: Trees, Wooded
  • Lot Size Area: 1.680
  • Parcel Number: 4693-43-3704-0000
  • Zoning: Residential Lot
  • Zoning Specification: LDR
  • Wooded Acres: 1.50

Tax Info

  • Tax Value: 56920.00
  • Tax Location: Kannapls/cab

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2016
Closed on
Oct 13, 2017
Sold by
Caldwell Myron L and Caldwell Dorothy R
Bought by
Phipps Jeffrey R and Phipps Cassandra
Seller's Agent
Karen Browder
Southern Homes of the Carolinas, Inc
Buyer's Agent
Cassandra Phipps
Atlantic Residential Realty
List Price
$119,000
Sold Price
$90,000
Premium/Discount to List
-$29,000
-24.37%
Current Estimated Value
$1,653,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,563,160
Avg. Annual Appreciation
43.69%
Original Mortgage
$67,500
Outstanding Balance
$56,382
Interest Rate
3.82%
Mortgage Type
Commercial
Estimated Equity
$1,596,778

Purchase Details

Closed on
Jun 6, 2007
Sold by
Rogers Shawn P and Rogers Christa F
Bought by
Caldwell Myron L and Caldwell Dorothy R
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
Phipps Jeffrey R $90,000 None Available
Caldwell Myron L $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phipps Jeffrey R $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2017 10/13/17 Sold $90,000 -24.4% --
08/28/2017 08/28/17 Pending -- -- --
03/03/2016 03/03/16 For Sale $119,000 -- --
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 $15,203 $1,338,900 $153,430 $1,185,470
2024 $15,203 $1,338,900 $153,430 $1,185,470
2023 $14,778 $1,078,690 $94,420 $984,270
2022 $14,778 $1,078,690 $94,420 $984,270
2021 $14,778 $1,078,690 $94,420 $984,270
2020 $14,778 $1,078,690 $94,420 $984,270
2019 $2,708 $197,650 $56,920 $140,730
2018 $768 $56,920 $56,920 $0
2017 $757 $56,920 $56,920 $0
2016 $757 $162,620 $162,620 $0
2015 $2,049 $162,620 $162,620 $0
2014 $2,049 $162,620 $162,620 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3153032

Canopy MLS (Canopy Realtor® Association)

APN: 4693-43-3704-0000