NOT LISTED FOR SALE

8720 Arbor Commons Ln Concord, NC 28027

Estimated Value: $1,817,000 - $2,154,254

5 Beds
5.5 Baths
5,303 Sq Ft
$378/Sq Ft Est. Value

Last Sold April 29, 2019

Last sale price $1,100,000 $207 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $12,054/month

176 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Wooded Lot
  • W.R. Odell Elementary School Rated A-
  • Private Lot
  • Transitional Architecture

About This Home

As of April 2019

Impeccably executed, every detail has been thoughtfully designed and finished at the highest level. With almost 5200 square feet of unparalleled beauty, highlights feature Open floor plan, Office, Butler Bar, Scullery walk-in pantry, Custom cabinets, Circular staircase with custom iron railings, oak hardwood floors, an elegant main level master suite, spa bath, and Custom lighting complete the main level. Upper Level has 4 additional bedrooms most with walk-in closets and Full baths, two bonus rooms leave space for a media room as well. Within steps of the kitchen, master bedroom, and inside entertainment areas are a covered lanai with outdoor dining area, stone fireplace, granite bar with outdoor Grill, hot tub, saltwater pool, and a pool house changing room. Garage has 3 oversized bays with storage. This home seamlessly accommodates both large scale entertaining and comfortable family living.

Last Agent to Sell the Property

Michelle Ivester-Rhyne

Premier Sotheby's International Realty License #274051 Listed on: 09/17/2018

Premier Sotheby's International Realty

Last Buyer's Agent

Justin Boston

Horizon Realty Carolinas License #287963

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • Fenced
  • Private Lot
  • Level Lot
  • Irrigation
  • Wooded Lot
  • Zoning described as AO

HOA Fees

  • $292 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Metal Roof
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Sound System
  • Tray Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Crawl Space
  • Home Security System

Kitchen

  • Built-In Self-Cleaning Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • 1 to 5 Parking Spaces

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Fireplace in Patio
  • Patio
  • Outdoor Fireplace
  • Outdoor Kitchen

Utilities

  • Central Heating
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4681-66-7410-0000

Community Details

Overview

  • Csi Association, Phone Number (704) 892-1660
  • Built by SIMONINI BUILDERS
  • Arbor Oaks Subdivision
  • Mandatory home owners association

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$292 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2007
  • Ratio Current Price By Acre: 402930.40
  • Doors and Windows: Insulated Windows
  • Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space, Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Other, Cable Available, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Walk-In Closet(s), Wet Bar, Walk-In Pantry
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2984
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 1519
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1519
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 2319
  • Second Living Quarters Hla: 0
  • Second Living Quarters Sq Ft: 0
  • Porch: Back,Covered,Patio
  • Appliances: Cable Prewire, Ceiling Fan(s), CO Detector, Gas Cooktop, Dishwasher, Disposal, Double Oven, Exhaust Fan, Plumbed For Ice Maker, Microwave, Natural Gas, Network Ready, Oven, Exhaust Hood, Refrigerator, Security System, Self Cleaning Oven, Surround Sound, Wall Oven, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Living Room, Porch
  • Living Area: 5303
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fence, Hot Tub, In-Ground Irrigation, In Ground Pool, Outdoor Fireplace, Outdoor Kitchen, Other, Wired Internet Available
  • New Construction: No
  • Roof: Shingle, Metal
  • Construction Status: Complete
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Brick, Stone

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Driveway, Garage - 3 Car, Garage Door Opener, Keypad Entry, Parking Space - 4+

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Septic Tank
  • Water Heater: Gas
  • Laundry Features: Main Level
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Gated, Street Lights
  • Association Fee: 1750
  • Association Fee Frequency: Semi-Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: CSI
  • Phone: 704-892-1660
  • ResoAssociationFeeFrequency: SemiAnnually

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Level, Private, Wooded, Wooded
  • Lot Size Area: 2.73
  • Lot Size Units: Acres
  • Parcel Number: 4681-66-7410-0000
  • Zoning Description: AO

Building Info

  • Builder Name: SIMONINI BUILDERS

Tax Info

  • RATIO List Price By Tax Amount: 1.28219

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2018
Closed on
Apr 24, 2019
Sold by
Baker Dirk and Baker Katherine
Bought by
Bowman Alex
Seller's Agent
Michelle Ivester-Rhyne
Premier Sotheby's International Realty
Buyer's Agent
Justin Boston
Horizon Realty Carolinas
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Current Estimated Value
$1,996,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$896,602
Avg. Annual Appreciation
8.97%
Original Mortgage
$989,900
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2007
Sold by
Simonini Builders Inc
Bought by
Baker Dirk and Baker Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2006
Sold by
Ksin Properties Llc
Bought by
Simonini Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Bowman Alex $1,100,000 Statewide Title Inc
Baker Dirk $1,245,000 None Available
Simonini Builders Inc $192,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowman Alex $743,000
Closed Bowman Alex $989,900
Previous Owner Baker Dirk $345,950
Previous Owner Baker Dirk $350,000
Previous Owner Simonini Builders Inc $15,000,000
Previous Owner Simonini Builders Inc $1,104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2019 04/29/19 Sold $1,100,000 -6.4% $207 / Sq Ft
03/12/2019 03/12/19 Pending -- -- --
01/11/2019 01/11/19 Price Changed $1,175,000 -2.1% $222 / Sq Ft
09/17/2018 09/17/18 For Sale $1,200,000 -- $226 / 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 -- $1,772,400 $257,820 $1,514,580
2023 $8,824 $1,069,610 $236,340 $833,270
2022 $8,642 $1,069,610 $236,340 $833,270
2021 $8,642 $1,069,610 $236,340 $833,270
2020 $8,642 $1,069,610 $236,340 $833,270
2019 $7,405 $916,400 $128,380 $788,020
2018 $7,221 $916,400 $128,380 $788,020
2017 $7,038 $916,400 $128,380 $788,020
2016 $7,038 $1,026,890 $225,540 $801,350
2015 $7,784 $1,026,890 $225,540 $801,350
2014 $7,784 $1,026,890 $225,540 $801,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3434895

Canopy MLS (Canopy Realtor® Association)

APN: 4681-66-7410-0000