NOT LISTED FOR SALE

7278 Waterwheel St SW Concord, NC 28025

Estimated Value: $512,000 - $606,000

4 Beds
3.5 Baths
3,013 Sq Ft
$185/Sq Ft Est. Value

Last Sold November 08, 2021

Last sale price $475,000 $158 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,479/month

1 Day on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Community Pool
  • Patriots Elementary School Rated A-
  • Clubhouse
  • Recreation Facilities

About This Home

As of November 2021

Like-new construction without the wait! This open concept floor plan satisfies the need for space, function, and privacy. Main floor dedicated office facilitates a peaceful work from home environment. Whether for day to day use or entertaining, large dine-at kitchen island provides additional counter space for prep and comfortable seating. Multi-purpose main floor flex room for study or play with french door for effortless supervision. Upper level bedrooms and loft area for added areas of opportunity to enjoy! Large, leveled, fenced in yard to be enjoyed year round. Highly sought after The Mills at Rocky River neighborhood with top-rated schools.

Last Agent to Sell the Property

Shanel Joseph-Kouri

Realty ONE Group Select License #310000 Listed on: 09/30/2021

Realty ONE Group Select

Last Buyer's Agent

Tracy Rowland

Tracy Rowland Real Estate Inc. License #219230

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020

Lot Details

  • 0.25

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Kitchen Island

Flooring

  • Tile
  • Vinyl Plank

Listing and Financial Details

  • Assessor Parcel Number 5527-74-0023-0000

Community Details

Overview

  • Hawthorne Management Association

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Year Built

Built in 2020

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 1900000.00
  • Ratio Current Price By Sq Ft: 157.65
  • Year Built: 2020
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1626
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Self Cleaning Oven
  • Fireplace Description: FAMILYRM, Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl Plank
  • Interior Amenities: Attic Other, Kitchen Island, Open Floorplan, Pantry, Walk-In Pantry
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 1387
  • Total Sq Ft: 3013

Exterior Features

  • Construction: Stone Veneer, Vinyl
  • Construction Type: Site Built

Garage/Parking

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

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Outdoor Pool, Playground, Recreation Area
  • Association Fee: 200.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Hawthorne Management
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Size Area: 0.250
  • Parcel Number: 5527-74-0023-0000
  • Zoning Specification: PUD

Tax Info

  • Tax Value: 354830.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2025
Sold by
Platinum At Rocky River Llc
Bought by
Nvr Inc
Current Estimated Value
$557,966

Purchase Details

Listed on
Sep 30, 2021
Closed on
Nov 8, 2021
Sold by
Cairo Matthew Anthony and Cairo Ciara
Bought by
Agarwal Amit K and Agarwal Ruchi
Seller's Agent
Shanel Joseph-Kouri
Realty ONE Group Select
Buyer's Agent
Tracy Rowland
Tracy Rowland Real Estate Inc.
List Price
$475,000
Sold Price
$475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.36%
Original Mortgage
$416,700
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2020
Sold by
Nvr Inc
Bought by
Cairro Mathew Anthony and Cairro Ciara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,666
Interest Rate
3.5%
Mortgage Type
New Conventional
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
Nvr Inc $525,000 None Listed On Document
Nvr Inc $525,000 None Listed On Document
Agarwal Amit K $475,500 The Title Wizard Llc
Cairro Mathew Anthony $354,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Agarwal Amit K $416,700
Previous Owner Cairro Mathew Anthony $336,666
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2021 11/08/21 Sold $475,000 0.0% $158 / Sq Ft
10/02/2021 10/02/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $475,000 -- $158 / 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 $5,279 $529,970 $100,000 $429,970
2023 $4,363 $357,640 $60,000 $297,640
2022 $4,363 $354,830 $60,000 $294,830
2021 $4,329 $354,830 $60,000 $294,830
2020 $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: CAR3789816

Canopy MLS (Canopy Realtor® Association)

APN: 5527-74-0023-0000