NOT LISTED FOR SALE

742 King Fredrick Ln SW Concord, NC 28027

Estimated Value: $644,000 - $711,000

7 Beds
5 Baths
3,906 Sq Ft
$174/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $455,000 $116 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,162/month

48 Days on Market

Highlights

  • Open Floorplan
  • Terrace
  • Tray Ceiling
  • Pitts School Road Elementary School Rated A-
  • Attached Garage
  • Walk-In Closet

About This Home

As of October 2020

Just an absolutely stunning property! Be one of the first to view this home in Concord. Will not last long! A chef's dream kitchen with the appliances to match, open floor plan, custom birch cabinets, tankless water heater, coffered ceilings, and more! Enjoy time on your breezeway porch while relaxing and taking in the scenery. The owners have built an addition on to the home that has been listed in the tax records as an apartment. The addition can be accessed from the interior or exterior for complete privacy. Truly a home for entertaining guest. Owner’s Suite has double tray ceilings and an en-suite bathroom with a separate shower and garden tub and dual vanities. Home does need some TLC- Carpet and Paint. Opportunity to bring your personal touch to this lovely home. Motivated Seller" Bring your offers".

Last Agent to Sell the Property

Tyler Ferguson

Real Broker, LLC License #304672 Listed on: 06/18/2020

Real Broker, LLC

Last Buyer's Agent

Tara Ganesh

Keller Williams South Park License #101622

Keller Williams South Park

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 0.3

HOA Fees

  • $43 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Tray Ceiling

Kitchen

  • Oven
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet
  • 5 Full Bathrooms
  • Garden Bath

Additional Features

  • Handicap Accessible
  • Terrace
  • Level Lot
  • Cable TV Available

Community Details

  • Hawthorne Association, Phone Number (704) 377-0144
  • Built by Dennis Cook

Listing and Financial Details

  • Assessor Parcel Number 5508-87-9930-0000

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$43 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.97849
  • Ratio Close Price By Original Li: 0.97849
  • Ratio Current Price By Acre: 1516666.67
  • Ratio Current Price By Sq Ft: 116.49
  • Year Built: 2007
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1669
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Total Bedrooms: 7
  • Equipment: Cable Prewire, Ceiling Fan(s), Exhaust Fan, Exhaust Hood, Natural Gas, Oven
  • H O A Management Phone: 704-377-0144
  • Interior Amenities: Cable Available, Garden Tub, Handicap Access, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Second Living Quarters: Interior Connected
  • Second Living Quarters Sq Ft: 574
  • Main Level Sq Ft: 2237
  • Total Sq Ft: 3906

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Terrace

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 130.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Hawthorne
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.300
  • Parcel Number: 5508-87-9930-0000
  • Zoning Specification: CURM-2

Building Info

  • Builder Name: Dennis Cook

Tax Info

  • Tax Value: 444700.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Oct 10, 2020
Sold by
Thomas Sylvester and Thomas Angela S
Bought by
Roey David and Roey Julie A
Seller's Agent
Tyler Ferguson
Real Broker, LLC
Buyer's Agent
Tara Ganesh
Keller Williams South Park
List Price
$465,000
Sold Price
$455,000
Premium/Discount to List
-$10,000
-2.15%
Current Estimated Value
$677,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,767
Avg. Annual Appreciation
9.07%
Original Mortgage
$471,380
Outstanding Balance
$420,214
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$278,324

Purchase Details

Closed on
May 24, 2010
Sold by
Grady Cook Development Inc
Bought by
Thomas Sylvester and Thomas Angela S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,200
Interest Rate
5.15%
Mortgage Type
VA

Purchase Details

Closed on
Jun 29, 2007
Sold by
Cook Dennis L and Cook Debbie W
Bought by
Grady Cook Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.16%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 13, 2006
Sold by
Cdh Premier Properties Llc
Bought by
Cook Dennis L and Construction Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,550
Interest Rate
6.31%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 21, 2004
Sold by
Allen Craven Llc
Bought by
Premier Properties Llc
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
Roey David $455,000 None Available
Thomas Sylvester $370,000 The Title Company Of Nc
Grady Cook Development Inc $73,000 None Available
Cook Dennis L $126,000 None Available
Premier Properties Llc $188,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roey David $133,900
Open Roey David $471,380
Previous Owner Thomas Sylvester $351,750
Previous Owner Thomas Sylvester $394,190
Previous Owner Thomas Sylvester $382,200
Previous Owner Grady Cook Development Inc $344,000
Previous Owner Cook Dennis L $53,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $455,000 -2.2% $116 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $465,000 -- $119 / 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 $6,474 $649,990 $100,000 $549,990
2023 $5,937 $486,670 $65,000 $421,670
2022 $5,937 $486,670 $65,000 $421,670
2021 $5,937 $486,670 $65,000 $421,670
2020 $5,937 $486,670 $65,000 $421,670
2019 $5,425 $444,700 $55,000 $389,700
2018 $5,336 $444,700 $55,000 $389,700
2017 $4,946 $419,180 $55,000 $364,180
2016 $2,622 $352,200 $55,000 $297,200
2015 $4,156 $352,200 $55,000 $297,200
2014 $4,156 $352,200 $55,000 $297,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3632341

Canopy MLS (Canopy Realtor® Association)

APN: 5508-87-9930-0000