NOT LISTED FOR SALE

7319 Mill Ruins Ave SW Concord, NC 28025

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

4 Beds
3.5 Baths
3,263 Sq Ft
$171/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $530,000 $162 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,424/month

12 Days on Market

About This Home

As of May 2022

Welcome Home! This Ryan Homes built home checks all the boxes! Formal living and dining with an additional office/flex space downstairs. The huge kitchens opens into a large morning room, and right outside is the oversized back deck. Upstairs there are 4 bedrooms and 3 full baths in addition to a large loft. The community center, that has a pool and a wonderful playground, is only a short distance from the home. Enjoy the sunrise from your front porch in the mornings while you sip your coffee. Chair lift can be removed from the home but the sellers are willing to leave it if new owners can use it.

Last Agent to Sell the Property

Candice Warner

Redfin Corporation License #256483 Listed on: 04/08/2022

Redfin Corporation

Last Buyer's Agent

Sarah Moore

Southern Homes of the Carolinas, Inc License #254679

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,281

Year Built

  • Built in 2018

Lot Details

  • Zoning described as PUD

HOA Fees

  • $67 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Vented Exhaust Fan
  • Heating System Uses Natural Gas

Community Details

  • Hawthorne Mgmt Company Association
  • Mills At Rocky River Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5527-82-4244-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,281

Year Built

Built in 2018

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2018
  • Ratio Current Price By Acre: 3212121.21
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1560
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1703
  • Appliances: Cable Prewire, Dishwasher, Dryer, Exhaust Fan, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 3263
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Underground Power Lines
  • New Construction: No
  • Roof: Shingle
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 453
  • Parking Features: Garage - 2 Car

Utilities

  • Heating: Multizone A/C, Natural Gas
  • Sewer: Public Sewer
  • Water Heater: g-On-Demand Water Heater
  • Laundry Features: Upper Level
  • Water Source: County Water

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Quarterly
  • Association Name: Hawthorne Mgmt Company
  • ResoAssociationFeeFrequency: Quarterly

Schools

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

Lot Info

  • Lot Size Area: 0.165
  • Lot Size Units: Acres
  • Parcel Number: 5527-82-4244-0000
  • Zoning Description: PUD

Tax Info

  • RATIO List Price By Tax Amount: 1.50454

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Patriots
  • High School: Hickory Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
May 24, 2022
Sold by
Rao Regeti Balaji and Rao Bhavani
Bought by
Thapa Sulav and Parajuli Gayatri
Seller's Agent
Candice Warner
Redfin Corporation
Buyer's Agent
Sarah Moore
Southern Homes of the Carolinas, Inc
List Price
$524,000
Sold Price
$530,000
Premium/Discount to List
$6,000
1.15%
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.
Estimated Appreciation
$22,407
Avg. Annual Appreciation
1.49%
Original Mortgage
$424,000
Outstanding Balance
$402,791
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$154,080

Purchase Details

Closed on
Jul 3, 2018
Sold by
Nvr Inc
Bought by
Regeti Balaji Rao and Regeti Bhavani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
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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
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
05/24/2022 05/24/22 Sold $530,000 +1.1% $162 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $524,000 -- $161 / 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: 3843718

Canopy MLS (Canopy Realtor® Association)

APN: 5527-82-4244-0000