B
Seller's Agent in 2022
Brandon Young
Green Olive Realty, LLC
(919) 622-8704
146 Total Sales
7330 Raylee Ave SW Concord, NC 28025
Estimated Value: $448,570 - $491,000
4
Beds
2.5
Baths
2,420
Sq Ft
$198/Sq Ft
Est. Value
Highlights
- Fitness Center
- Clubhouse
- Patio
- Patriots Elementary School Rated A-
- Community Pool
- Community Playground
About This Home
As of March 20223D Tour Available: https://my.matterport.com/show/?m=NBFdk8XJHiY&mls=1 Beautiful 2 story home with 4 bed / 2.5 bath in the highly desirable community of the Mills at Rocky River. A convenient floor plan highlights the cozy living area welcomes you upon entering this bright and airy home. Nearby is a spacious family space perfect for entertaining and it opens up to a lovely kitchen that will surely give you joy when prepping meals to be savored in the well-lit dining area. Upstairs, the primary suite features an exclusive bath and a large walk-in closet. Additional 3 bedrooms with a shared bath are also available. You'll be excited to see the extended concrete patio outside, perfect for gatherings and family barbecuing events! The community offers club house, community pool, fitness center, playground, walking trails & more! Top rated schools in the community, within walking distance from the property. It's a must see!
Last Agent to Sell the Property
Green Olive Realty, LLC License #295576 Listed on: 01/26/2022
Last Buyer's Agent
Candice Warner
Redfin Corporation License #256483
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,240
Year Built
- Built in 2018
Lot Details
- 5,750
HOA Fees
- $67 Monthly HOA Fees
Home Design
- Slab Foundation
- Aluminum Siding
- Vinyl Siding
Bedrooms and Bathrooms
- 4 Bedrooms
Schools
- Patriots Elementary School
- C.C. Griffin Middle School
- Hickory Ridge High School
Utilities
- Central Heating
- Gas Water Heater
Additional Features
- Patio
- Zoning described as PUD
Listing and Financial Details
- Assessor Parcel Number 5527-62-3391-0000
Community Details
Overview
- Hawthorn Management Group Association
- Mills At Rocky River Subdivision
- Mandatory home owners association
Amenities
- Clubhouse
Recreation
- Community Playground
- Fitness Center
- Community Pool
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 26, 2022
Closed on
Mar 23, 2022
Sold by
Ramesh Sudhakaran and Ramesh Veena
Bought by
Kothapalli Gunasekhar and Kothapalli Sumalatha
Seller's Agent
Brandon Young
Green Olive Realty, LLC
Buyer's Agent
Candice Warner
Redfin Corporation
List Price
$429,000
Sold Price
$452,100
Premium/Discount to List
$23,100
5.38%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,625
Avg. Annual Appreciation
1.53%
Original Mortgage
$420,000
Outstanding Balance
$400,443
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$76,418
Purchase Details
Closed on
May 17, 2018
Sold by
Bvr Inc
Bought by
Sudhakaran Sabarish and Bbau Vccna Ramesh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,981
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kothapalli Gunasekhar | $452,500 | South City Title | |
| Sudhakaran Sabarish | $274,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kothapalli Gunasekhar | $420,000 | |
| Previous Owner | Sudhakaran Sabarish | $259,981 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/23/2022 03/23/22 | Sold | $452,100 | +5.4% | $187 / Sq Ft |
| 01/30/2022 01/30/22 | Pending | -- | -- | -- |
| 01/26/2022 01/26/22 | For Sale | $429,000 | -- | $177 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $4,240 | $425,660 | $100,000 | $325,660 |
| 2024 | $4,240 | $425,660 | $100,000 | $325,660 |
| 2023 | $3,327 | $272,710 | $60,000 | $212,710 |
| 2022 | $3,305 | $270,880 | $60,000 | $210,880 |
| 2021 | $3,305 | $270,880 | $60,000 | $210,880 |
| 2020 | $3,305 | $270,880 | $60,000 | $210,880 |
| 2019 | $2,849 | $233,500 | $35,000 | $198,500 |
| 2018 | $420 | $35,000 | $35,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Brandon Young
-
Trent Corbin
Seller Co-Listing Agent in 2022
Trent Corbin
Keller Williams South Park
(704) 459-1238
1,091 Total Sales
-
C
Buyer's Agent in 2022
Candice Warner
Redfin Corporation
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3823954
APN: 5527-62-3391-0000
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