NOT LISTED FOR SALE

7319 Mill Ruins Ave SW Unit 294 Concord, NC 28025

Estimated Value: $545,000 - $580,000

4 Beds
3.5 Baths
3,220 Sq Ft
$173/Sq Ft Est. Value

Last Sold July 07, 2018

Last sale price $326,385 $101 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,357/month

Highlights

  • Fitness Center
  • Under Construction
  • Clubhouse
  • Patriots Elementary School Rated A-
  • Open Floorplan
  • Wood Flooring

About This Home

As of July 2018

This home is located at 7319 Mill Ruins Ave SW Unit 294, Concord, NC 28025 since 30 January 2018 and is currently estimated at $556,871, approximately $172 per square foot. This property was built in 2018. 7319 Mill Ruins Ave SW Unit 294 is a home located in Cabarrus County with nearby schools including Patriots Elementary School, C.C. Griffin Middle School, and Hickory Ridge High School.

Last Agent to Sell the Property

Jerry Smith

NVR Homes, Inc./Ryan Homes Brokerage Email: jesmith@nvrinc.com License #126145 Listed on: 01/30/2018

Last Buyer's Agent

Vijay Vulli

Noble, LLC License #243831

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,281

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • 7,405

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Insulated Windows

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Garden Bath

Schools

  • Patriots Elementary School
  • C.C. Griffin Middle School
  • Central Cabarrus High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • 7,405 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 55278242440000

Community Details

Overview

  • Property has a Home Owners Association
  • Built by Ryan Homes
  • The Mills At Rocky River Subdivision, Rome Floorplan

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,281

Year Built

Built in 2018 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2018
  • Proposed Completion Date: 2018-07-01
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 101.36
  • Attribution Contact: jesmith@nvrinc.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Cable Prewire, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1540
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 491
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 491
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1680
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Exhaust Fan, Gas Water Heater, Microwave, Plumbed For Ice Maker, Tankless Water Heater
  • Above Grade Finished Sq Ft: 3220
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 3220
  • Window Features: Insulated Window(s)
  • Bedroom Main: 0
  • Room Count: 13
  • Sq Ft Other: 0

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Vinyl
  • Patio And Porch Features: Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached Garage, Garage Door Opener

Utilities

  • Heating: Central, Forced Air, Natural Gas, Zoned
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Upper Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Zoned
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Outdoor Pool, Playground, Recreation Area
  • Association: Yes

Schools

  • Middle Or Junior School: C.C. Griffin
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.17
  • Lot Size Units: Acres
  • Parcel Number: 55278242440000
  • Plat Reference Section Pages: 87
  • Development Status: Under Construction
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • ResoLotSizeUnits: Acres
  • Zoning Specification: SFR

Building Info

  • Builder Name: Ryan Homes

MLS Schools

  • Elementary School: Patriots
  • High School: Central Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2022
Sold by
Rao Regeti Balaji and Rao Bhavani
Bought by
Thapa Sulav and Parajuli Gayatri
Current Estimated Value
$552,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Outstanding Balance
$406,213
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$158,403

Purchase Details

Listed on
Jan 30, 2018
Closed on
Jul 3, 2018
Sold by
Nvr Inc
Bought by
Regeti Balaji Rao and Regeti Bhavani
Seller's Agent
Jerry Smith
NVR Homes, Inc./Ryan Homes
Buyer's Agent
Vijay Vulli
Noble, LLC
List Price
$321,760
Sold Price
$326,385
Premium/Discount to List
$4,625
1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.89%
Original Mortgage
$293,746
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 28, 2016
Sold by
Rocky River Projcet Llc
Bought by
Nvr Inc
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
Thapa Sulav $530,000 Knipp Law Office Pllc
Regeti Balaji Rao $326,500 None Available
Nvr Inc $311,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thapa Sulav $424,000
Previous Owner Regeti Balaji Rao $293,746
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2018 07/07/18 Sold $326,385 +1.4% $101 / Sq Ft
01/30/2018 01/30/18 Pending -- -- --
01/30/2018 01/30/18 For Sale $321,760 -- $100 / 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 $5,281 $530,230 $100,000 $430,230
2024 $5,281 $530,230 $100,000 $430,230
2023 $4,249 $348,280 $60,000 $288,280
2022 $4,249 $348,280 $60,000 $288,280
2021 $4,249 $348,280 $60,000 $288,280
2020 $4,249 $348,280 $60,000 $288,280
2019 $3,738 $306,430 $35,000 $271,430
2018 $420 $35,000 $35,000 $0
2017 $413 $35,000 $35,000 $0
2016 $245 $25,000 $25,000 $0
2015 -- $25,000 $25,000 $0
2014 -- $25,000 $25,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3372589

Canopy MLS (Canopy Realtor® Association)

APN: 5527-82-4244-0000