NOT LISTED FOR SALE

75 Search Dr Concord, NC 28025

Estimated Value: $848,000 - $1,257,107

3 Beds
6 Baths
3,966 Sq Ft
$263/Sq Ft Est. Value

Last Sold July 18, 2022

Last sale price $1,025,000 $258 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,345/month

15 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Wood Flooring
  • Patriots Elementary School Rated A-
  • Wooded Lot
  • Farmhouse Style Home

About This Home

As of July 2022

If you've been dreaming of living in a custom built farmhouse with NO HOA, this is the home for you. Nestled amongst 16+ acres of land, this home has it all. From floor to ceiling shiplap in the dining and living areas, to a chef's inspired kitchen that includes double wall ovens, gas cooktop with potfiller, beautiful quartz counters, and a huge island great for entertaining, no detail was left out. This split bedroom floorplan features hardwoods throughout. The spa-like primary suite with coffered ceilings has an oversized walk-in shower, stand-alone tub, and the closet of your dreams! Step outside onto the deck and listen to the sounds of nature as you sip your coffee. Downstairs in the basement you'll find a second living quarters with a den, full bath, kitchen, and outdoor patio. The upstairs bonus room also lacks no attention to detail with a full bath. Oversized 2 car garage and conditioned crawlspace provides ample storage for all of your belongings.

Last Agent to Sell the Property

Leah Long

Better Homes and Garden Real Estate Paracle License #275247 Listed on: 05/02/2022

Better Homes and Garden Real Estate Paracle

Last Buyer's Agent

Steve Miller

Better Homes and Garden Real Estate Paracle License #116559

Better Homes and Garden Real Estate Paracle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,703

Year Built

  • Built in 2019

Lot Details

  • Cul-De-Sac
  • Wooded Lot
  • Property is zoned LDR, LDR

Parking

  • Attached Garage

Home Design

  • Farmhouse Style Home
  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Basement
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Outdoor Features

  • Deck

Schools

  • Rocky River Elementary School
  • C.C. Griffin Middle School
  • Central Cabarrus High School

Utilities

  • Central Heating
  • Heat Pump System
  • Propane Water Heater
  • Septic Tank

Community Details

  • Far Away Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 55288018410000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,703

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse
  • Year Built: 2019
  • Ratio Current Price By Acre: 62922.04
  • Road Surface Type: Gravel
  • Structure Type: One and a Half Story/Basement
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Fireplace: No
  • Flooring: Laminate, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Kitchen Island, Open Floorplan, Pantry, Split Bedroom, Vaulted Ceiling, Walk-In Closet(s)
  • Fixture Exception Yn: 1
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2710
  • Third Level Sq Ft: 0
  • 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: 675
  • Porch: Deck
  • Fixture Exception Description: TV & Mount, Bose Speakers, Outdoor Cameras, Vacuum Charger
  • Appliances: Ceiling Fan(s), Gas Cooktop, Dishwasher, Disposal, Double Oven, Exhaust Hood, Microwave
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 581
  • Living Area: 3966
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Fiber Cement, Wood Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 959
  • Parking Features: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Propane
  • Laundry Features: Main Level
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: C.C. Griffin
  • HOA Subject To: None

Lot Info

  • Lot Features: Cul-De-Sac, Pond(s), Wooded
  • Lot Size Area: 16.29
  • Lot Size Units: Acres
  • Parcel Number: 55288018410000
  • Zoning Description: LDR

Tax Info

  • RATIO List Price By Tax Amount: 1.62390

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Rocky River
  • High School: Central Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2022
Closed on
Jul 18, 2022
Sold by
Serna Linda P and Serna Juan M
Bought by
Paolasini Michael
Seller's Agent
Leah Long
Better Homes and Garden Real Estate Paracle
Buyer's Agent
Steve Miller
Better Homes and Garden Real Estate Paracle
List Price
$1,100,000
Sold Price
$1,025,000
Premium/Discount to List
-$75,000
-6.82%
Current Estimated Value
$1,042,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,527
Avg. Annual Appreciation
0.58%
Original Mortgage
$820,000
Outstanding Balance
$784,641
Interest Rate
5.09%
Mortgage Type
Balloon
Estimated Equity
$257,886

Purchase Details

Listed on
Jun 22, 2016
Closed on
Feb 15, 2017
Sold by
Haines Nancy Pharr and Haines Stephen D
Bought by
Serna Juan M and Serna Linda Palacios
Seller's Agent
Mitzi Crane
Crane Properties
Buyer's Agent
Kelly Humphrey
Coldwell Banker Realty
List Price
$165,000
Sold Price
$145,000
Premium/Discount to List
-$20,000
-12.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.55%
Original Mortgage
$100,500
Interest Rate
4.12%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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Range of Values:

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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
Paolasini Michael -- None Listed On Document
Paolasini Michael -- Dowless Law Firm Pc
Paolasini Michael $1,025,000 Dowless Law Firm Pc
Serna Juan M $145,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paolasini Michael $820,000
Closed Paolasini Michael $820,000
Previous Owner Serna Juan M $358,500
Previous Owner Serna Juan M $100,500
Previous Owner Haines Stephen D $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2022 07/18/22 Sold $1,025,000 0.0% $258 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
05/14/2022 05/14/22 Off Market $1,025,000 -- --
05/02/2022 05/02/22 For Sale $1,100,000 +658.6% $277 / Sq Ft
02/21/2017 02/21/17 Sold $145,000 -12.1% --
12/05/2016 12/05/16 Pending -- -- --
06/22/2016 06/22/16 For Sale $165,000 -- --
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 $6,703 $956,180 $399,680 $556,500
2023 $5,896 $669,960 $159,870 $510,090
2022 $5,961 $677,380 $159,870 $517,510
2021 $5,961 $677,380 $159,870 $517,510
2020 $5,961 $677,380 $159,870 $517,510
2019 $2,239 $368,050 $159,870 $208,180
2018 $1,704 $233,990 $233,990 $0
2017 $1,680 $210,060 $210,060 $0
2016 $1,592 $210,060 $210,060 $0
2015 -- $210,060 $210,060 $0
2014 -- $210,060 $210,060 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3851558

Canopy MLS (Canopy Realtor® Association)

APN: 5528-80-1841-0000