$731,900
SOLD NOV 12, 2020

9533 Pacing Ln NW Concord, NC 28027

4 Beds
4 Baths
3,623 Sq Ft
0.27 Acres

Recently Sold

$202 Per Sq Ft

2% Above List Price

464 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Cottage
  • Cox Mill Elementary School Rated A
  • Engineered Wood Flooring
  • Covered patio or porch

About This Home

As of July 2022

This fabulous cottage model home is the ultimate investment opportunity! Buy the home of your dreams today and get paid until you move in with absolutely no out-of-pocket operating expenses, plus a competitive return on investment (8% return paid monthly). All expenses, including mortgage, taxes, HOA, utilities, etc., are paid by Classica. Leasebacks start with a 2-year guaranteed lease. The length of the lease may vary depending on community closeout. This home is located in Concord at Granary Oaks, a quiet luxury community where home is your refuge and showplace—all convenient to shopping and top-rated schools. Surrounded by nature preserve, Granary Oaks is your forever someplace. All design selections and finishes have been chosen by Terri Saint, a prized designer known for her beautiful model homes and attention to detail. Don’t let this special opportunity pass you by—this marvelous home could be yours!

Last Agent to Sell the Property

Nannette Hinton

Classica Homes Realty LLC Brokerage Email: nhinton@classicahomes.com License #289964 Listed on: 06/11/2019

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,805

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 0.27 Acre Lot
  • Irrigation
  • Property is zoned RM-2

HOA Fees

  • $88 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Cottage
  • Slab Foundation
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • Fireplace
  • Insulated Windows
  • Electric Dryer Hookup

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 4 Full Bathrooms

Outdoor Features

  • Covered patio or porch

Schools

  • Cox Mill Elementary School
  • Harris Road Middle School
  • Cox Mill High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number Lot 51

Community Details

Overview

  • Built by Classica Homes
  • Granary Oaks Subdivision, Coronado A Floorplan
  • Mandatory home owners association

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,805

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$88 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 2019
  • Proposed Completion Date: 2019-08-30
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 202.01
  • Attribution Contact: nhinton@classicahomes.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Attic Other, Cable Prewire, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling(s), Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1507
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 734
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 734
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 2116
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Water Heater, Exhaust Hood, Gas Range, Microwave, Plumbed For Ice Maker, Self Cleaning Oven
  • Other Equipment: Network Ready
  • Above Grade Finished Sq Ft: 3623
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Living Area: 3623
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Room Count: 11
  • Sq Ft Other: 44

Exterior Features

  • Exterior Features: In-Ground Irrigation
  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Fiber Cement, Stone
  • Patio And Porch Features: Covered, Front Porch, Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Side

Utilities

  • Heating: Central, Forced Air, Heat Pump, Natural Gas, Zoned
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Upper Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Heat Pump, Zoned
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Walking Trails
  • Association Fee: 1050
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Harris Road
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.267
  • Lot Size Units: Acres
  • Parcel Number: Lot 51
  • Development Status: Completed
  • Lot Size Acres: 0.267
  • Lot Size Sq Ft: 11630
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RM-2

Green Features

  • Green Sustainability: Engineered Wood Products
  • Green Verification Count: 1

Building Info

  • Builder Name: Classica Homes

Rental Info

  • Hold Date: 2019-06-11

MLS Schools

  • Elementary School: Cox Mill
  • High School: Cox Mill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jul 14, 2022
Sold by
Daga and Neha
Bought by
Tazi Karim and Tazi Nada
Seller's Agent
Karin Hull
RE/MAX Executive
Buyer's Agent
Debbie Monroe
Lake Norman Realty, Inc.
List Price
$999,000
Sold Price
$1,000,000
Premium/Discount to List
$1,000
0.1%
Total Days on Market
464
Current Estimated Value
$995,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,856
Avg. Annual Appreciation
1.63%
Original Mortgage
$800,000
Outstanding Balance
$694,353
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$353,256

Purchase Details

Listed on
Jun 11, 2019
Closed on
Nov 9, 2020
Sold by
Classic Homes Llc
Bought by
Daga Avinash and Malla Kasi V
Seller's Agent
Nannette Hinton
Classica Homes Realty LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$715,000
Sold Price
$731,900
Premium/Discount to List
$16,900
2.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.55%
Original Mortgage
$510,400
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2019
Sold by
Tarleton Place Llc
Bought by
Classica Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
4.4%
Mortgage Type
Construction
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 $1,000,000 Tryon Title
Special Warranty Deed $732,000 None Available
Special Warranty Deed $136,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $800,000 New Conventional
Previous Owner $510,400 New Conventional
Previous Owner $510,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2022 07/14/22 Sold $1,000,000 +0.1% $267 / Sq Ft
05/12/2022 05/12/22 For Sale $999,000 +36.5% $267 / Sq Ft
11/12/2020 11/12/20 Sold $731,900 +0.3% $202 / Sq Ft
09/17/2020 09/17/20 Pending -- -- --
08/31/2020 08/31/20 Price Changed $729,900 +1.4% $201 / Sq Ft
04/30/2020 04/30/20 Price Changed $719,900 +0.7% $199 / Sq Ft
08/01/2019 08/01/19 For Sale $715,000 -2.3% $197 / Sq Ft
06/11/2019 06/11/19 Off Market $731,900 -- --
06/11/2019 06/11/19 For Sale $650,000 -- $179 / 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 $8,805 $884,040 $190,000 $694,040
2023 $8,330 $682,770 $180,000 $502,770
2022 $8,330 $681,170 $180,000 $501,170
2021 $8,310 $681,170 $180,000 $501,170
2020 $8,368 $685,940 $180,000 $505,940
2019 $97 $100,000 $100,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3517718

Canopy MLS (Canopy Realtor® Association)

APN: 4680-41-1381-0000