NOT LISTED FOR SALE

8642 Arbor Oaks Cir Concord, NC 28027

Estimated Value: $1,993,000 - $3,776,000

5 Beds
8 Baths
8,486 Sq Ft
$357/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $2,200,000 $259 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $18,186/month

126 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Private Lot
  • W.R. Odell Elementary School Rated A-
  • Open Floorplan
  • Marble Flooring

About This Home

As of August 2018

Amazing Private Estate in Gated Community on 4.86 Acres. This custom-built home on two lots is the pinnacle of luxurious indoor/outdoor living. The 15,000 square foot, impeccably-detailed structure surrounds a gorgeous courtyard oasis designed with fun, relaxation, entertaining, and privacy in mind - Pool, Spa, Guest House, Outdoor Kitchen, Fireplace, TV & Surround Sound. The interior features are superb as well - Game Room, Gourmet Kitchen, Wine Cellar, Home Gym, Safe Room, and so much more! With 7 garage bays including a workshop (Car Lift, Compressors, Generator Hookup, and more) this home may well suit an auto enthusiasts' needs. The highly-desirable location offers a top-rated school district, 5 minute drive to Concord Regional Airport, short drive to all major thoroughfares, and is central to shopping & entertainment areas. (Need more living space?? - finish the roughed-in & plumbed 800 square foot bedroom with full bath on-suite or the guest studio above the garage bays.)

Last Agent to Sell the Property

Laura Pegram

Ivester Jackson Properties License #274857 Listed on: 03/26/2018

Last Buyer's Agent

Diane Honeycutt

Allen Tate Concord License #161527

Allen Tate Concord

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • Private Lot
  • Irrigation

HOA Fees

  • $583 Monthly HOA Fees

Parking

  • Attached Garage
  • Workshop in Garage

Home Design

  • Transitional Architecture
  • Spray Foam Insulation
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Crawl Space
  • Finished Attic

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • Walk-In Closet

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Outdoor Fireplace
  • Outdoor Kitchen
  • Fire Pit
  • Outdoor Gas Grill

Utilities

  • Well
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 4681-76-8367-0000

Community Details

Overview

  • Csi Properties, Arbor Oaks Management Association, Phone Number (704) 892-1660
  • Built by Simonini

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

0

HOA Fees

$583 per month

Parking

4

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.83019
  • Ratio Close Price By Original Li: 0.83019
  • Ratio Current Price By Acre: 452674.90
  • Ratio Current Price By Sq Ft: 259.25
  • Year Built: 2009
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Upper Level Sq Ft: 2212
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bathrooms: 8.00
  • Total Bedrooms: 5
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Cooktop Gas, Dishwasher, Disposal, Double Oven, Ice Maker Connection, Microwave, Natural Gas, Exhaust Hood, Security System, Surround Sound
  • Fireplace Description: Gas Logs, Great Room, Living Room, Primary Bedroom, Porch, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • H O A Management Phone: 704-892-1660
  • Interior Amenities: Attic Finished, Attic Other, Breakfast Bar, Garage Shop, Hot Tub, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling, Walk-In Closet(s), Wet Bar, Window Treatments
  • Laundry Location: Main
  • Room Count: 3
  • Second Living Quarters: Guest House
  • Second Living Quarters Hla: 508
  • Sq Ft Additional: 1855
  • Main Level Sq Ft: 6274
  • Total Sq Ft: 8486
  • Sq Ft Unheated Basement: 719
  • Sq Ft Unheated Main: 2070
  • Sq Ft Unheated Total: 3991
  • Sq Ft Unheated Upper: 1202

Exterior Features

  • Construction: Hard Stucco, Stone
  • Construction Type: Site Built
  • Exterior Features: Hot Tub, In-Ground Gas Grill, In-Ground Irrigation, Pool-In-Ground, Outdoor Fireplace, Outdoor Kitchen, Wired Internet Available, Fire pit

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 4+ Car, Garage Door Opener, Golf Cart Garage, Keypad Entry, Side Load Garage

Utilities

  • Green Building Features: g-Spray Foam Insulation
  • Heating: Central Air, Electric Hot Air, Multizone A/C
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric, Gas

Condo/Co-op/Association

  • Community Features: Gated Community
  • Association Fee: 3500.00
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: CSI Properties, Arbor Oaks Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Odell
  • Middle School: Harris
  • High School: Cox Mill

Lot Info

  • Lot Dimension: 212x473x84x513x77x486
  • Lot Features: Private
  • Lot Size Area: 4.860
  • Parcel Number: 4681-76-8367-0000
  • Plat Reference Section Pages: 182
  • Zoning Specification: AO

Building Info

  • Builder Name: Simonini

Tax Info

  • Tax Value: 1917670.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2018
Closed on
Aug 30, 2018
Sold by
Andrews Robert Jeffrey and Thurmond Cheryl G
Bought by
Andrews Cordelia P and Cordelia P Andrews Revocable Trust
Seller's Agent
Laura Pegram
Ivester Jackson Properties
Buyer's Agent
Diane Honeycutt
Allen Tate Concord
List Price
$2,650,000
Sold Price
$2,200,000
Premium/Discount to List
-$450,000
-16.98%
Current Estimated Value
$2,891,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$691,016
Avg. Annual Appreciation
3.90%

Purchase Details

Closed on
Dec 6, 2007
Sold by
Alfieri Paul
Bought by
Andrews Robert Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,974
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2007
Sold by
Preston Kerry V and Preston Debbie W
Bought by
Andrews Robert Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,974
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
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
Andrews Cordelia P $2,200,000 None Available
Andrews Robert Jeffrey $325,000 None Available
Andrews Robert Jeffrey $275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Andrews Robert J $2,628,000
Previous Owner Andrews Robert J $332,500
Previous Owner Andrews Robert J $297,500
Previous Owner Andrews Robert Jeffrey $2,380,000
Previous Owner Andrews Robert Jeffrey $259,974
Previous Owner Andrews Robert Jeffrey $249,975
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2018 08/30/18 Sold $2,200,000 -17.0% $259 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
03/26/2018 03/26/18 For Sale $2,650,000 -- $312 / 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 $19,632 $3,091,700 $277,900 $2,813,800
2023 $17,726 $2,148,550 $254,740 $1,893,810
2022 $17,360 $2,148,550 $254,740 $1,893,810
2021 $17,360 $2,148,550 $254,740 $1,893,810
2020 $17,360 $2,148,550 $254,740 $1,893,810
2019 $15,495 $1,917,670 $171,370 $1,746,300
2018 $15,111 $1,917,670 $171,370 $1,746,300
2017 $14,728 $1,917,670 $171,370 $1,746,300
2016 $14,728 $2,254,020 $301,050 $1,952,970
2015 $17,089 $2,254,020 $301,050 $1,952,970
2014 $17,089 $2,254,020 $301,050 $1,952,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3373655

Canopy MLS (Canopy Realtor® Association)

APN: 4681-76-8367-0000