$1,895,000
SOLD MAR 12, 2021

8728 Arbor Commons Ln Concord, NC 28027

7 Beds
10 Baths
9,435 Sq Ft
2.07 Acres

Recently Sold

$201 Per Sq Ft

16% Below List Price

487 Days on Market

Highlights

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

About This Home

As of May 2024

Featured in Custom Home Magazine, this prestigious 7 BR Estate sits on 2 Acres! Custom Built by Simonini in the gorgeous gated community of Arbor Oaks! Must see to appreciate the high end finishes, attention to details and countless custom features throughout this amazing home. Just some of these include separate Nanny quarters, custom salt water pool with slide, hot tub and 2 waterfalls, enormous patio terrace on main and lower levels perfect for entertaining, enormous backyard and side yards for privacy and recreation, upper walk out balcony with long range view, master on main with huge walk in closet and bathroom that features a euro-style shower and heated floors, plus the lower level features theater room, fitness room and even a dance floor! Perfect location just off I-85 with quick access to uptown Charlotte, Charlotte Douglas airport as well as Concord Mills mall! Plus, highly rated public and private schools! Book your showing today! Video tour available

Last Agent to Sell the Property

Rory Cummins

EXP Realty LLC Ballantyne License #103438 Listed on: 10/03/2019

EXP Realty LLC Ballantyne

Last Buyer's Agent

Heather Littrell

EXP Realty LLC License #229124

EXP Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • Front Green Space
  • Private Lot
  • Level Lot
  • Irrigation
  • Wooded Lot
  • Many Trees

HOA Fees

  • $292 Monthly HOA Fees

Parking

  • Attached Garage
  • Porte-Cochere

Home Design

  • Traditional Architecture

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Gas Log Fireplace
  • Window Treatments
  • Storage Room
  • Laundry Chute
  • Crawl Space
  • Kitchen Island
  • Attic

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Pool

  • In Ground Pool
  • Spa

Additional Features

  • Terrace
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4681-66-9458-0000

Community Details

Overview

  • Arbor Oaks HOA, Phone Number (704) 892-1660
  • Built by Simonini

Recreation

  • Recreation Facilities

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$292 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.94892
  • Ratio Close Price By Original Li: 0.83664
  • Ratio Current Price By Acre: 914575.29
  • Ratio Current Price By Sq Ft: 200.85
  • Year Built: 2006
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Upper Level Sq Ft: 3824
  • Full Bathrooms: 6
  • Half Bathrooms: 4
  • Total Bathrooms: 10.00
  • Total Bedrooms: 7
  • Equipment: Ceiling Fan(s), CO Detector, Convection Oven, Cable Prewire, Central Vacuum, Disposal, Dishwasher, Electric Dryer Hookup, Exhaust Fan, Gas Range, Ice Maker Connection, Microwave, Refrigerator, Exhaust Hood, Self Cleaning Oven, Surround Sound, Natural Gas, Gas Oven
  • Fireplace Description: FAMILYRM, Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-892-1660
  • Interior Amenities: Attic Walk-in, Built-Ins, Garden Tub, Kitchen Island, Laundry Chute, Open Floorplan, Pantry, Walk-In Closet(s), Walk-In Pantry, Wet Bar, Window Treatments
  • Laundry Location: Main, Laundry Room
  • Room Count: 3
  • Sq Ft Basement: 1566
  • Main Level Sq Ft: 4045
  • Total Sq Ft: 9435
  • Sq Ft Unheated Basement: 975
  • Sq Ft Unheated Total: 975

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Hot Tub, In-Ground Irrigation, Pool-In-Ground, Porte-cochere, Rooftop Terrace, Storage Unit, Terrace

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 3 Car, Garage Door Opener

Utilities

  • Heating: Central Air
  • Sewer: Septic Installed
  • Water: Filtration System, Water Softener System, Well Installed
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Gated Community, Recreation Area, Street Lights
  • Association Fee: 1750.00
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: Arbor Oaks HOA
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Green Area, Level, Long Range View, Private, Trees, Views, Wooded, Year Round View
  • Lot Size Area: 2.072
  • Parcel Number: 4681-66-9458-0000
  • Zoning Specification: AO

Building Info

  • Builder Name: Simonini

Tax Info

  • Tax Value: 1481160.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
May 22, 2024
Sold by
Pensacola Freedom Trust and Evans Christopher
Bought by
Gibson Angelic and Gibson John
Seller's Agent
Heather Littrell
EXP Realty LLC
Buyer's Agent
Greg King
Keller Williams Ballantyne Area
List Price
$2,650,000
Sold Price
$2,575,000
Premium/Discount to List
-$75,000
-2.83%
Views
52
Current Estimated Value
$2,444,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$130,117
Avg. Annual Appreciation
0.93%
Original Mortgage
$2,060,000
Outstanding Balance
$2,039,932
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$564,212

Purchase Details

Closed on
May 17, 2021
Sold by
Evans Christopher Allen and Evans Michele L
Bought by
Evans Christopher and Evans Michele

Purchase Details

Listed on
Oct 3, 2019
Closed on
Mar 12, 2021
Sold by
Wheeler Michael A and Beganskaite Irma
Bought by
Evans Christopher Allen and Evans Michele L
Seller's Agent
Rory Cummins
EXP Realty LLC Ballantyne
Buyer's Agent
Heather Littrell
EXP Realty LLC
List Price
$2,265,000
Sold Price
$1,895,000
Premium/Discount to List
-$370,000
-16.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.49%
Original Mortgage
$142,400
Interest Rate
2.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2013
Sold by
Anderson Nicolle W and Wheeler Michael A
Bought by
Wheeler Michael A

Purchase Details

Closed on
Dec 21, 2004
Sold by
Ksin Properties Llc
Bought by
Wheeler Mike and Anderson Nicolle
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 Type Sale Price Title Company
Warranty Deed $2,575,000 Investors Title
Interfamily Deed Transfer -- None Available
Warranty Deed $1,895,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $192,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,321,000 New Conventional
Open $2,060,000 New Conventional
Previous Owner $142,400 New Conventional
Previous Owner $2,000,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Sold $2,575,000 -2.8% $270 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
03/29/2024 03/29/24 For Sale $2,650,000 +39.8% $278 / Sq Ft
03/12/2021 03/12/21 Sold $1,895,000 -5.1% $201 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/04/2021 01/04/21 Price Changed $1,997,000 -3.3% $212 / Sq Ft
09/18/2020 09/18/20 Price Changed $2,065,000 -5.7% $219 / Sq Ft
01/07/2020 01/07/20 Price Changed $2,190,000 -3.3% $232 / Sq Ft
10/03/2019 10/03/19 For Sale $2,265,000 -- $240 / 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 $15,949 $2,511,670 $220,700 $2,290,970
2023 $12,806 $1,584,860 $202,310 $1,382,550
2022 $12,806 $1,584,860 $202,310 $1,382,550
2021 $12,806 $1,584,860 $202,310 $1,382,550
2020 $12,806 $1,584,860 $202,310 $1,382,550
2019 $11,968 $1,481,160 $136,100 $1,345,060
2018 $11,672 $1,481,160 $136,100 $1,345,060
2017 $11,375 $1,481,160 $136,100 $1,345,060
2016 $11,375 $1,734,760 $239,100 $1,495,660
2015 $13,149 $1,734,760 $239,100 $1,495,660
2014 $13,149 $1,734,760 $239,100 $1,495,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3554175

Canopy MLS (Canopy Realtor® Association)

APN: 4681-66-9458-0000