NOT LISTED FOR SALE

7725 Village Pkwy Unit 9 Locust, NC 28097

Estimated Value: $500,000 - $535,000

4 Beds
2.5 Baths
2,328 Sq Ft
$220/Sq Ft Est. Value

Last Sold March 07, 2024

Last sale price $489,550 $210 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,089/month

118 Days on Market

Highlights

  • Under Construction
  • Golf Course View
  • Family Room with Fireplace
  • Bethel Elementary School Rated 9+
  • Deck
  • Covered Patio or Porch

About This Home

As of March 2024

Only $1000 down to write contract! This new construction home is situated on Redbridge Golf Course in the beautiful town of Locust. This 2328vsf ranch is spacious & open with an incredible layout, great for entertaining. A cook's dream kitchen & large island overlook the spacious family room and gas fireplace. 4th bedroom/study with double door entrance lets in lots of natural light. Included in this home are granite countertops, tiled kitchen backsplash, stainless steel appliances, gas range, laminate wood flooring throughout the main areas and primary bathroom with 5' tile shower. Enjoy the golf course view from the 16 x 14 covered deck. Projected completion date December 2023. Home is awaiting landscaping. Closing costs paid with use of preferred lender. All home features are subject to change without notice. A 2/1 rate buy down is offered on this home with 1st yr at 4.99% and 2nd yr thru 30th at 5.99% with use of preferred lender. If rates drop lender will refi at no cost to you

Last Agent to Sell the Property

Kirsten Tammelleo

Adams Homes Realty-NC, Inc. Brokerage Email: kirsten.tammelleo@adamshomes.com License #82588 Listed on: 09/18/2023

Adams Homes Realty-NC, Inc.

Co-Listed By

Melinda Corns

Adams Homes Realty-NC, Inc. Brokerage Email: kirsten.tammelleo@adamshomes.com License #296474

Last Buyer's Agent

Erin Boyd

Southern Homes of the Carolinas, Inc License #279605

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,601

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • Property is zoned OPS

Parking

  • Attached Garage

Home Design

  • Hardboard

Interior Spaces

  • 2,328 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Golf Course Views
  • Crawl Space
  • Carbon Monoxide Detectors

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Built by Adams Homes
  • The Villages At Red Bridge Subdivision, 2328A Floorplan

Listing and Financial Details

  • Assessor Parcel Number 5565-32-6891-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,601

Year Built

Built in 2023 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2023
  • Proposed Completion Date: 2023-12-31
  • Road Surface Type: Concrete
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 210.29
  • Geocode Confidence: Low
  • Attribution Contact: kirsten.tammelleo@adamshomes.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Carpet, Laminate, Vinyl
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2328
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Above Grade Finished Sq Ft: 2328
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Living Area: 2328
  • Bedroom Main: 4

Exterior Features

  • New Construction: Yes
  • Construction Type: Site Built
  • View: Golf Course, Year Round
  • Construction Type: Hardboard Siding
  • Patio And Porch Features: Covered, Deck

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5565-32-6891-0000
  • Development Status: Under Construction
  • ResoLotSizeUnits: Acres
  • Zoning Specification: OPS

Building Info

  • Builder Name: Adams Homes

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2023
Closed on
Mar 7, 2024
Sold by
Adams Homes Aec Llc
Bought by
Locke Frederick W and Locke Deborah P
Seller's Agent
Kirsten Tammelleo
Adams Homes Realty-NC, Inc.
Buyer's Agent
Erin Boyd
Southern Homes of the Carolinas, Inc
List Price
$489,550
Sold Price
$489,550
Views
62
Current Estimated Value
$512,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,839
Avg. Annual Appreciation
2.69%
Original Mortgage
$391,640
Outstanding Balance
$385,199
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$127,190

Purchase Details

Closed on
Dec 1, 2013
Sold by
Locust Golf Association Llc
Bought by
Locust Golf Associates Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Locke Frederick W $490,000 None Listed On Document
Locust Golf Associates Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Locke Frederick W $391,640
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2024 03/07/24 Sold $489,550 0.0% $210 / Sq Ft
09/18/2023 09/18/23 For Sale $489,550 -- $210 / 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 $4,601 $463,860 $97,000 $366,860
2024 $4,926 $463,860 $97,000 $366,860
2023 $1,020 $85,000 $85,000 $0
2022 $1,020 $85,000 $85,000 $0
2021 $1,020 $85,000 $85,000 $0
2020 $1,020 $85,000 $85,000 $0
2019 $960 $80,000 $80,000 $0
2018 $928 $80,000 $80,000 $0
2017 $912 $80,000 $80,000 $0
2016 $912 $56,250 $56,250 $0
2015 -- $56,250 $56,250 $0
2014 -- $56,250 $56,250 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4070330

Canopy MLS (Canopy Realtor® Association)

APN: 5565-32-6891-0000