NOT LISTED FOR SALE

7342 Mill Ruins Ave SW Unit 318 Concord, NC 28025

Estimated Value: $514,000 - $569,000

5 Beds
4.5 Baths
3,257 Sq Ft
$166/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $535,000 $164 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,264/month

33 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Transitional Architecture
  • Patriots Elementary School Rated A-
  • Clubhouse
  • Recreation Facilities

About This Home

As of July 2022

Look no further at this beautiful 3,257 sqft home. This five-bedroom, four-bathroom home has so much to offer, from the open concept on the main level to the water filtration system, tankless water heater, and more. The kitchen includes a gas range, black stainless refrigerator, an oversized island, an eat-in dining area, & pantry. The second floor opens up to a loft area great for movie or game night. The owner's suite has ample space to provide a sitting or office space, two walk-in closets, and a three-quarter bathroom. Generously sized guestrooms. If that wasn't enough, the third level has a finished living area with a bedroom and full bath, perfect for a guest room! The Mills At Rocky River community hosts many amenities, including a resort-style pool with a slide and splash pad on-site fitness center inside the 2-story clubhouse. Two miles of the Carolina Thread Trail and a finger of the Rocky River for a scenic walk outside. Look no further; call today for a private showing.

Last Agent to Sell the Property

Shaun Hooper

Howard Hanna Allen Tate Mooresville/LKN License #283393 Listed on: 06/24/2022

Howard Hanna Allen Tate Mooresville/LKN

Last Buyer's Agent

Brad Patton

Red Cedar Realty LLC License #305128

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,715

Year Built

  • Built in 2016

Lot Details

  • Level Lot
  • Zoning described as PUD

HOA Fees

  • $67 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Laminate Flooring
  • Basement

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 5527-82-6518-0000

Community Details

Overview

  • Hawthorne Management Association, Phone Number (704) 377-0114
  • Built by Ryan Homes
  • The Mills At Rocky River Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,715

Year Built

Built in 2016

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2016
  • Ratio Current Price By Acre: 3147058.82
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: Two and a Half Story/Basement
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Flooring: Carpet, Laminate
  • Interior Amenities: Kitchen Island, Open Floorplan, Pantry, Walk-In Pantry
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1277
  • Third Level Sq Ft: 549
  • 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: 1431
  • Porch: Front,Patio
  • Appliances: Cable Prewire, Ceiling Fan(s), Gas Cooktop, Dishwasher, Natural Gas
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Living Area: 3257
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Concord
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 452
  • Parking Features: Garage - 2 Car, Parking Space - 2

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: g-On-Demand Water Heater
  • Laundry Features: Upper Level
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Playground, Recreation Area, Sidewalks, Street Lights, Walking Trails
  • Association Fee: 200
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Association Name: Hawthorne Management
  • Phone: (704)377-0114
  • ResoAssociationFeeFrequency: Quarterly

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.17
  • Lot Size Units: Acres
  • Parcel Number: 5527-82-6518-0000
  • Zoning Description: PUD

Building Info

  • Builder Name: Ryan Homes

Tax Info

  • RATIO List Price By Tax Amount: 1.77211

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
Jun 24, 2022
Closed on
Jul 27, 2022
Sold by
Rodriguez Francisco N and Rodriguez Zaida N
Bought by
Gollapalli Solomon Raj
Seller's Agent
Shaun Hooper
Howard Hanna Allen Tate Mooresville/LKN
Buyer's Agent
Brad Patton
Red Cedar Realty LLC
List Price
$560,000
Sold Price
$535,000
Premium/Discount to List
-$25,000
-4.46%
Current Estimated Value
$530,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,112
Avg. Annual Appreciation
0.41%
Original Mortgage
$508,250
Outstanding Balance
$484,584
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$57,461

Purchase Details

Closed on
Dec 21, 2021
Sold by
Rodriguez Francisco N and Rodriguez Zaida N
Bought by
Rodriguez Francisco and Rodriguez Zaida N

Purchase Details

Closed on
May 20, 2016
Sold by
Nvr Inc
Bought by
Rodriguez Francisco and Rodriguez Zaida N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,460
Interest Rate
3.58%
Mortgage Type
VA
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
Gollapalli Solomon Raj $535,000 Tryon Title
Rodriguez Francisco -- Ckezepis Law Pllc
Rodriguez Francisco $265,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gollapalli Solomon Raj $508,250
Previous Owner Rodriguez Francisco $265,460
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold $535,000 0.0% $164 / Sq Ft
06/24/2022 06/24/22 Price Changed $535,000 -4.5% $164 / Sq Ft
06/24/2022 06/24/22 For Sale $560,000 -- $172 / 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 $4,715 $473,400 $100,000 $373,400
2024 $4,715 $473,400 $100,000 $373,400
2023 $3,683 $301,900 $60,000 $241,900
2022 $3,683 $301,900 $60,000 $241,900
2021 $3,683 $301,900 $60,000 $241,900
2020 $3,683 $301,900 $60,000 $241,900
2019 $3,266 $267,680 $35,000 $232,680
2018 $3,212 $267,680 $35,000 $232,680
2017 $3,159 $267,680 $35,000 $232,680
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: 3873813

Canopy MLS (Canopy Realtor® Association)

APN: 5527-82-6518-0000