NOT LISTED FOR SALE

7334 Raylee Ave SW Concord, NC 28025

Estimated Value: $421,891 - $472,000

4 Beds
3 Baths
2,169 Sq Ft
$207/Sq Ft Est. Value

Last Sold January 13, 2021

Last sale price $327,000 $151 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,767/month

Highlights

  • Fitness Center
  • Open Floorplan
  • Traditional Architecture
  • Patriots Elementary School Rated A-
  • Clubhouse
  • Wood Flooring

About This Home

As of January 2021

Beautiful 1.5 story home with Owners Suite including a split plan offering bedrooms two and three on the main alongside convenient laundry. The open layout allows for natural light and boasts premium finishes throughout like hardwood in main level common areas, upgraded lighting, and surround sound. The immaculate kitchen is sure to impress with granite counter tops, gas cooktop, stainless steel appliances, and double ovens. Upstairs has a roomy loft, separate bedroom, and a full bath. The loft offers endless possibilities to suite the needs for a theater room, play area, or secondary office space. You absolutely will fall in love with the world class amenities of Mills at Rocky River including pool, clubhouse, walking trails, gym, and playground! Elementary and middle schools are positioned right in the community paired with the proximity to major commuter routes, shopping, and dining add to the appeal of this home. You don't want to miss this gem in such a fantastic neighborhood!

Last Agent to Sell the Property

Nelvia Bullock

COMPASS License #102133 Listed on: 12/18/2020

COMPASS

Last Buyer's Agent

Steve Casselman

EXP Realty LLC Ballantyne License #272611

EXP Realty LLC Ballantyne

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • 6,970

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Window Treatments
  • Wood Flooring
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5527-62-3355-0000

Community Details

Overview

  • Hawtorne Association, Phone Number (704) 377-0114
  • Built by Ryan Homes

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.03810
  • Ratio Close Price By Original Li: 1.03810
  • Ratio Current Price By Acre: 2043750.00
  • Ratio Current Price By Sq Ft: 150.76
  • Year Built: 2018
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 538
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Beverage Refrigerator, Cable Prewire, Ceiling Fan(s), Cooktop Gas, Dishwasher, Disposal, Double Oven, Dryer, Ice Maker Connection, Microwave, Refrigerator, Surround Sound, Washer
  • Flooring: Carpet, Wood
  • H O A Management Phone: (704) 377-0114
  • Interior Amenities: Cable Available, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Window Treatments
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1631
  • Total Sq Ft: 2169

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Outdoor Pool, Playground, Sidewalk, Walking Trails
  • Association Fee: 200.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Hawtorne
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Size Area: 0.160
  • Parcel Number: 5527-62-3355-0000
  • Zoning Specification: PUD

Building Info

  • Builder Name: Ryan Homes

Tax Info

  • Tax Value: 261670.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
Jan 11, 2021
Sold by
Gray Yolande and Gray Michael
Bought by
Cerberus Sfr Holdings V Lp
Seller's Agent
Nelvia Bullock
COMPASS
Buyer's Agent
Steve Casselman
EXP Realty LLC Ballantyne
List Price
$315,000
Sold Price
$327,000
Premium/Discount to List
$12,000
3.81%
Current Estimated Value
$446,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,968
Avg. Annual Appreciation
6.91%

Purchase Details

Closed on
Apr 25, 2018
Sold by
Nvr Inc
Bought by
Gray Yolande and Gray Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,018
Interest Rate
4.45%
Mortgage Type
FHA
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
Cerberus Sfr Holdings V Lp $327,000 None Available
Gray Yolande $272,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gray Yolande $267,018
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2021 01/13/21 Sold $327,000 +3.8% $151 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
12/18/2020 12/18/20 For Sale $315,000 -- $145 / 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 $4,082 $409,830 $100,000 $309,830
2024 $4,082 $409,830 $100,000 $309,830
2023 $3,240 $265,610 $60,000 $205,610
2022 $3,240 $261,670 $60,000 $201,670
2021 $3,192 $261,670 $60,000 $201,670
2020 $3,192 $261,670 $60,000 $201,670
2019 $2,764 $226,530 $35,000 $191,530
2018 $420 $35,000 $35,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3691588

Canopy MLS (Canopy Realtor® Association)

APN: 5527-62-3355-0000