NOT LISTED FOR SALE

725 Sherwin Ln Concord, NC 28025

Estimated Value: $497,000 - $570,767

4 Beds
4 Baths
3,575 Sq Ft
$148/Sq Ft Est. Value

Last Sold March 27, 2020

Last sale price $300,000 $84 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,088/month

3 Days on Market

Highlights

  • Cape Cod Architecture
  • Fireplace
  • Wet Bar
  • Wood Flooring
  • Attached Garage
  • Kitchen Island

About This Home

As of March 2020

Looking for a beautiful home in a great area? This is it! Over 3,000 sqft, fully finished basement, an acre lot, and so much more. Master bedroom located on the main floor along with 2 other rooms that are currently being used as offices. Each with a large closet and could easily be used for bedrooms. Kitchen has beautiful granite counter tops, stainless steel appliances, and a large island. This basement is fantastic! Perfect for the entertainer! Call today to schedule your appointment.

Last Agent to Sell the Property

Kristen Huneycutt

Lantern Realty & Development License #296250 Listed on: 01/24/2020

Last Buyer's Agent

Laura Overcash

Lantern Realty & Development, LLC License #301686

Lantern Realty & Development, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • 1.01

Parking

  • Attached Garage

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • Wet Bar
  • Fireplace
  • Kitchen Island

Flooring

  • Wood
  • Vinyl

Additional Features

  • Open Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 5631-53-3958-0000

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Cape Cod
  • Ratio Close Price By List Price: 0.93779
  • Ratio Close Price By Original Li: 0.93779
  • Ratio Current Price By Acre: 297029.70
  • Ratio Current Price By Sq Ft: 83.92
  • Year Built: 1975
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Outside Entrance
  • Upper Level Sq Ft: 614
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Cable Prewire, Dishwasher, Electric Range, Ice Maker Connection, Microwave, Security System, Electric Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Built-Ins, Kitchen Island, Pantry, Wet Bar
  • Laundry Location: Basement, Laundry Room
  • Room Count: 3
  • Sq Ft Basement: 1299
  • Main Level Sq Ft: 1662
  • Total Sq Ft: 3575
  • Sq Ft Unheated Basement: 363
  • Sq Ft Unheated Total: 363

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

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

Schools

  • Elementary School: W.M. Irvin
  • Middle School: Concord
  • High School: Concord

Lot Info

  • Lot Features: Open Lot, Sloping
  • Lot Size Area: 1.010
  • Parcel Number: 5631-53-3958-0000
  • Zoning Specification: RM-1

Tax Info

  • Tax Value: 240780.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2020
Closed on
Mar 27, 2020
Sold by
Baker Bradford H and Baker Kimberly B
Bought by
Peterlin Scott James and Peterlin Dana Jo
Seller's Agent
Kristen Huneycutt
Lantern Realty & Development
Buyer's Agent
Laura Overcash
Lantern Realty & Development, LLC
List Price
$319,900
Sold Price
$300,000
Premium/Discount to List
-$19,900
-6.22%
Current Estimated Value
$529,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,692
Avg. Annual Appreciation
10.81%
Original Mortgage
$217,000
Outstanding Balance
$192,236
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$337,456

Purchase Details

Closed on
Dec 26, 2002
Sold by
Bratton Robert O and Bratton Cathryn M
Bought by
Baker Bradford H and Baker Kimberly E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,900
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Peterlin Scott James $300,000 None Available
Baker Bradford H $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterlin Scott James $217,000
Previous Owner Baker Bradford H $191,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2020 03/27/20 Sold $300,000 -6.2% $84 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $319,900 -- $89 / 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 $3,226 $491,790 $68,000 $423,790
2024 $3,226 $491,790 $68,000 $423,790
2023 $2,560 $312,140 $50,000 $262,140
2022 $2,560 $312,140 $50,000 $262,140
2021 $2,471 $312,140 $50,000 $262,140
2020 $2,471 $308,930 $50,000 $258,930
2019 $1,926 $240,780 $40,000 $200,780
2018 $1,878 $240,780 $40,000 $200,780
2017 $1,830 $240,780 $40,000 $200,780
2016 $1,830 $240,580 $36,000 $204,580
2015 $1,828 $240,580 $36,000 $204,580
2014 $1,828 $240,580 $36,000 $204,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3585647

Canopy MLS (Canopy Realtor® Association)

APN: 5631-53-3958-0000