NOT LISTED FOR SALE

7333 Newsome Ct SW Concord, NC 28025

Estimated Value: $626,000 - $693,000

4 Beds
3.5 Baths
4,843 Sq Ft
$138/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $546,000 $113 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,133/month

1 Day on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Engineered Wood Flooring
  • Patriots Elementary School Rated A-
  • Clubhouse
  • Community Pool

About This Home

As of August 2021

Rare to find basement home with possible 6 bedrooms! This home has everything you have been looking for and more. On the main level, among the many different rooms, you will find a gorgeous kitchen with plenty of cabinetry that is perfect for entertaining, plus an office that can be easily turned into a bedroom and a morning room that will leave you speechless. As you head upstairs, be prepared to be wowed by the huge master bedroom with 2 large walk in closets and a sitting area. Wait! the fun is about to start! head to the basement and be amazed by the large entertainment area. This space has endless possibilities and is just waiting for you creativity! A room that can be used as a bedroom brings this house to a total of 6 bedrooms! The unfinished area in the basement can be used as a gym, storage area or whatever you needs are. This house is located in an amazing neighborhood with top rated schools ( 2 are located inside the neighborhood) and resort style amenities.

Last Agent to Sell the Property

Adriana Chrestler

Coldwell Banker Realty License #302516 Listed on: 07/30/2021

Coldwell Banker Realty

Last Buyer's Agent

Dwayne Hunter

Giving Tree Realty License #244800

Giving Tree Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 10,454

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Listing and Financial Details

  • Assessor Parcel Number 5527-72-9225-0000

Community Details

Overview

  • Hawthorne Management Company Association, Phone Number (704) 377-0114

Amenities

  • Clubhouse

Recreation

  • Indoor Game Court
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Ratio Close Price By List Price: 1.05000
  • Ratio Close Price By Original Li: 1.05000
  • Ratio Current Price By Acre: 2275000.00
  • Ratio Current Price By Sq Ft: 112.74
  • Year Built: 2016
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Outside Entrance
  • Upper Level Sq Ft: 1717
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Dishwasher, Disposal, Double Oven, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave
  • Fireplace Description: FAMILYRM, Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: (704) 377-0114
  • Interior Amenities: Attic Stairs Pulldown, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Upper, Laundry Room
  • Room Count: 3
  • Sq Ft Basement: 1543
  • Main Level Sq Ft: 1583
  • Total Sq Ft: 4843
  • Sq Ft Unheated Main: 451
  • Sq Ft Unheated Total: 451

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

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

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas, g-On-Demand Water Heater

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Features: Cul-de-sac Lot
  • Lot Size Area: 0.240
  • Parcel Number: 5527-72-9225-0000
  • Zoning Specification: PUD

Tax Info

  • Tax Value: 400250.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Aug 27, 2021
Sold by
Gibson Marvin D and Gibson Sonya M
Bought by
Gillesson Joy Rhymer and Gillesson Reginald M
Seller's Agent
Adriana Chrestler
Coldwell Banker Realty
Buyer's Agent
Dwayne Hunter
Giving Tree Realty
List Price
$520,000
Sold Price
$546,000
Premium/Discount to List
$26,000
5%
Current Estimated Value
$666,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,939
Avg. Annual Appreciation
5.06%
Original Mortgage
$518,700
Outstanding Balance
$471,978
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$194,961

Purchase Details

Closed on
Jan 17, 2017
Sold by
Nvr Inc
Bought by
Gibson Marvin D and Gibson Sonya M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,060
Interest Rate
4.16%
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
Gillesson Joy Rhymer $546,000 None Available
Gilkesson Joy Rhymer $546,000 None Listed On Document
Gibson Marvin D $336,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilkesson Joy Rhymer $518,700
Closed Gillesson Joy Rhymer $518,700
Previous Owner Gibson Marvin D $336,060
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $546,000 +5.0% $113 / Sq Ft
08/01/2021 08/01/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $520,000 -- $107 / 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 $6,153 $617,730 $100,000 $517,730
2023 $4,883 $400,250 $60,000 $340,250
2022 $4,883 $400,250 $60,000 $340,250
2021 $4,334 $400,250 $60,000 $340,250
2020 $4,334 $400,250 $60,000 $340,250
2019 $3,949 $368,680 $35,000 $333,680
2018 $4,678 $389,820 $35,000 $354,820
2017 $2,237 $189,580 $35,000 $154,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3764833

Canopy MLS (Canopy Realtor® Association)

APN: 5527-72-9225-0000