NOT LISTED FOR SALE

766 Franklin Tree Dr NW Concord, NC 28027

Estimated Value: $734,000 - $944,000

4 Beds
4 Baths
3,496 Sq Ft
$238/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $415,000 $119 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $5,270/month

7 Days on Market

Highlights

  • Clubhouse
  • Engineered Wood Flooring
  • Tennis Courts
  • Cox Mill Elementary School Rated A
  • Community Pool
  • Attached Garage

About This Home

As of September 2018

WELCOME HOME! Popular Silverado plan offers so much living space. 2-story foyer opens up to unique 2-story LR, open yet cozy...perfect for a reading nook or conversation area. Light-filled formal DR features a tray ceiling, chair rail & picture-frame molding, and is ready for all of your entertaining needs. Gleaming hardwoods throughout open floor plan. Fabulous kitchen w/eat-in breakfast area, SS appliances, gas cooktop, an abundance of 42" cabinets & a large center island. Spacious FAM RM boasts a wall of windows, built-in bookcases & gas-log fireplace. Bedroom w/full bath on main for those out-of-town guests or a convenient office. Upstairs, you will be delighted to find 3 add'l bedrooms plus huge bonus room currently serving as your favorite "man-cave". Large MSTR suite connects to incredibly large MSTR bath & closet! Must see to believe. Beautiful private backyard oasis w/screen porch, paver patio & fire pit. Oversized & extended garage. Terrific amenities & schools.

Last Listed By

Consuelo Souders

Keller Williams Lake Norman License #252814 Listed on: 08/10/2018

Keller Williams Lake Norman

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2011

Lot Details

  • 0.28

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • Attached Garage

Interior Spaces

  • Gas Log Fireplace
  • Insulated Windows
  • Crawl Space
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Fire Pit

Listing and Financial Details

  • Assessor Parcel Number 4670-64-9661-0000

Community Details

Overview

  • Main Street Management Association
  • Built by Shea Homes

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2011

Lot Details

0

HOA Fees

$58 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.95402
  • Ratio Close Price By Original Li: 0.95402
  • Ratio Current Price By Acre: 1482142.86
  • Ratio Current Price By Sq Ft: 118.71
  • Year Built: 2011
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1875
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Gas, Dishwasher, Disposal, Electric Dryer Hookup, Ice Maker Connection, Microwave, Wall Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Fixture Exception Description: Pool table light to be replaced prior to closing
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • Interior Amenities: Attic Stairs Pulldown, Built-Ins, Garden Tub, Kitchen Island, Pantry, Walk-In Closet(s)
  • Laundry Location: Upper, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1621
  • Total Sq Ft: 3496
  • Sq Ft Unheated Main: 715
  • Sq Ft Unheated Total: 715

Exterior Features

  • Construction: Brick Partial, Fiber Cement
  • Construction Type: Site Built
  • Exterior Features: Fire pit

Garage/Parking

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

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Playground, Outdoor Pool, Recreation Area, Sidewalk, Tennis Court(s), Walking Trails
  • Association Fee: 175.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Main Street Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Cox Mill
  • Middle School: HARRISRD
  • High School: Cox Mill

Lot Info

  • Lot Dimension: 75x140
  • Lot Size Area: 0.280
  • Parcel Number: 4670-64-9661-0000
  • Zoning Specification: RV

Building Info

  • Builder Name: Shea Homes

Tax Info

  • Tax Value: 400200.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2018
Closed on
Sep 26, 2018
Sold by
Lorton Kevin C and Lorton Linda
Bought by
Rane Pravin C and Rane Kusum P
Seller's Agent
Consuelo Souders
Keller Williams Lake Norman
Buyer's Agent
George Joseph
KJ Realty LLC
List Price
$435,000
Sold Price
$415,000
Premium/Discount to List
-$20,000
-4.6%
Total Days on Market
7
Current Estimated Value
$831,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,758
Avg. Annual Appreciation
9.23%
Original Mortgage
$394,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2011
Sold by
Shea Homes Iii Llc
Bought by
Shea Real Estate Investments Llc

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
Rane Pravin C $415,000 None Available
Shea Real Estate Investments Llc $202,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rane Pravin C $351,385
Closed Rane Pravin C $360,000
Closed Rane Pravin C $364,000
Closed Rane Pravin C $394,250
Previous Owner Lorton Kevin C $278,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $415,000 -4.6% $119 / Sq Ft
08/17/2018 08/17/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $435,000 -- $124 / 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 $7,207 $723,640 $165,000 $558,640
2023 $5,330 $436,910 $92,000 $344,910
2022 $5,159 $422,850 $92,000 $330,850
2021 $5,159 $422,850 $92,000 $330,850
2020 $5,159 $422,850 $92,000 $330,850
2019 $4,966 $407,050 $72,000 $335,050
2018 $4,802 $400,200 $72,000 $328,200
2017 $4,722 $400,200 $72,000 $328,200
2016 $2,801 $343,060 $60,000 $283,060
2015 $4,048 $343,060 $60,000 $283,060
2014 $4,048 $343,060 $60,000 $283,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3423495

Canopy MLS (Canopy Realtor® Association)

APN: 4670-64-9661-0000