NOT LISTED FOR SALE

982 Old Trace Rd NW Concord, NC 28027

Estimated Value: $837,000 - $882,727

5 Beds
4 Baths
4,218 Sq Ft
$201/Sq Ft Est. Value

Last Sold May 16, 2025

Last sale price $840,000 $199 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,283/month

33 Days on Market

Highlights

  • Fireplace
  • 3 Car Attached Garage
  • Central Heating and Cooling System
  • Cox Mill Elementary School Rated A
  • Laundry Room

About This Home

As of May 2025

Welcome to this stunning home in a highly sought-after Concord neighborhood, zoned for the top-rated Cox Mill schools. New Carpet and Fresh paint through out the home in Feb 2025. The grand foyer opens to a soaring two-story ceiling, with a formal dining room to the left. The gourmet kitchen features a large island, walk-in pantry, and seamless flow into the family room with a cozy fireplace. The main floor includes a guest suite, perfect for visitors. Upstairs, you'll find two spacious primary suites with en-suite baths, plus two additional bedrooms, a shared bath, a versatile bonus room, and a roomy loft. Enjoy outdoor entertaining on the covered back porch, offering ample space for gatherings. A separated 2-car and 1-car garage provides generous storage options. Community amenities include a swimming pool, play area, volleyball courts, and a clubhouse. This home offers the perfect blend of comfort and convenience.

Last Agent to Sell the Property

Naresh Yerram

Naresh Homes Realty LLC Brokerage Email: yerramrealtor@gmail.com License #307354 Listed on: 03/08/2025

Co-Listed By

Raj Pandiri

Naresh Homes Realty LLC Brokerage Email: yerramrealtor@gmail.com License #358310

Last Buyer's Agent

Sudhakar Meenige

Sudhakar Homes License #298516

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,323

Year Built

  • Built in 2018

Lot Details

  • Property is zoned PRD

HOA Fees

  • $62 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Laundry Room

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Full Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Kuester Management Group Association
  • Built by M/I Homes
  • Allen Mills Subdivision, Blythe Floorplan

Listing and Financial Details

  • Assessor Parcel Number 4680-35-7458-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,323

Year Built

Built in 2018

Lot Details

0

HOA Fees

$62 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2018
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 199.15
  • Geocode Confidence: High
  • Attribution Contact: yerramrealtor@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1760
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 2458
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Gas Cooktop, Microwave, Oven, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 4218
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Living Area: 4218
  • Bedroom Main: 1
  • Room Count: 13
  • Sq Ft Other: 969

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Fiber Cement, Shingle/Shake

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 809
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Central
  • Sewer: Public Sewer, County Sewer
  • Laundry Features: Laundry Room, Main Level, Upper Level
  • Cooling: Central Air
  • Water Source: City, County Water

Condo/Co-op/Association

  • Association Fee: 184.5
  • Association Fee Frequency: Quarterly
  • Senior Community: No
  • Association Name: Kuester Management group
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Association Annual Expense: 738.00

Schools

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

Lot Info

  • Lot Size Area: 0.196
  • Lot Size Units: Acres
  • Parcel Number: 4680-35-7458-0000
  • Zoning: PRD
  • Development Status: Completed
  • Lot Size: 61 ft (front) / 140 ft (depth)
  • ResoLotSizeUnits: Acres
  • Zoning Specification: PRD

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: M/I Homes

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2025
Closed on
May 16, 2025
Sold by
Pola Pradeep Guptha and Samudrala Gowthami
Bought by
Raheja Naveen and Raheja Divya
Seller's Agent
Naresh Yerram
Naresh Homes Realty LLC
Buyer's Agent
Sudhakar Meenige
Sudhakar Homes
List Price
$944,500
Sold Price
$840,000
Premium/Discount to List
-$104,500
-11.06%
Views
44
Current Estimated Value
$849,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,682
Avg. Annual Appreciation
19.59%
Original Mortgage
$672,000
Outstanding Balance
$672,000
Interest Rate
5.82%
Mortgage Type
New Conventional
Estimated Equity
$220,667

Purchase Details

Closed on
Sep 26, 2018
Sold by
M I Homes Of Charlotte Llc
Bought by
Pola Pradeep G and Samudrala Gowthami

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,918
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Raheja Naveen $840,000 None Listed On Document
Pola Pradeep G $427,000 Transohio Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raheja Naveen $672,000
Previous Owner Pole Pradeep G $406,000
Previous Owner Pola Pradeep G $408,100
Previous Owner Pola Pradeep $342,700
Previous Owner Pola Pradeep G $357,250
Previous Owner Pola Pradeep G $357,918
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Sold $840,000 -6.1% $199 / Sq Ft
04/03/2025 04/03/25 Price Changed $895,000 -2.7% $212 / Sq Ft
03/24/2025 03/24/25 Price Changed $920,000 -2.6% $218 / Sq Ft
03/08/2025 03/08/25 For Sale $944,500 -- $224 / 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 $8,323 $835,690 $160,000 $675,690
2023 $5,687 $466,180 $86,000 $380,180
2022 $5,687 $466,180 $86,000 $380,180
2021 $5,687 $466,180 $86,000 $380,180
2020 $5,687 $466,180 $86,000 $380,180
2019 $4,915 $402,830 $70,000 $332,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4228306

Canopy MLS (Canopy Realtor® Association)

APN: 4680-35-7458-0000