NOT LISTED FOR SALE

11075 Telegraph Rd NW Unit 2801 Concord, NC 28027

Estimated Value: $346,000 - $374,000

3 Beds
2.5 Baths
1,528 Sq Ft
$185/mo HOA Fee

Last Sold July 30, 2021

Last sale price $310,000 $203 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,480/month

3 Days on Market

Highlights

  • Open Floorplan
  • Engineered Wood Flooring
  • Lawn
  • W.R. Odell Elementary School Rated A-
  • Corner Lot
  • Community Pool

About This Home

As of July 2021

MULTIPLE OFFERS HAVE BEEN RECEIVED. PLEASE SUBMIT YOUR BEST OFFER BY SUNDAY JUNE 6th @ 4:00PM. Like new end unit townhome in popular Edison Square in Cabarrus County. Open floor plan with pre-finished wood floors throughout the first floor. Kitchen features stainless steel appliances, granite countertops, tiled backsplash and walk in pantry. Great room, dining room and powder room complete the first floor. The second floor offers 3 bedrooms, 2 full baths and a laundry room. Owner's suite has 2 closets including a walk-in and private bath. Bedroom 2 also has a walk in closet. Laundry conveniently located on the 2nd floor. Community pool.
Ideal location close to shopping, and interstates 485, 77 and 85.

Last Listed By

Mary Beth Walsh

Heather Hopkinson & Associates License #281242 Listed on: 06/03/2021

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2017

Lot Details

  • Level Lot
  • Lawn

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • 1

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Engineered Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4670-66-1275-0000

Community Details

Overview

  • Main Street Management Association, Phone Number (704) 255-1266
  • Built by Ryan Homes

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 2017

Lot Details

0

HOA Fees

$185 per month

Parking

1

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.03679
  • Ratio Close Price By Original Li: 1.03679
  • Ratio Current Price By Acre: 4246575.34
  • Ratio Current Price By Sq Ft: 202.88
  • Unit Floor Level: 1
  • Year Built: 2017
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 850
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Entry Level: Main
  • Equipment: Cable Prewire, Ceiling Fan(s), Disposal, Electric Range, Ice Maker Connection, Microwave, Oven
  • Flooring: Carpet, Prefinished Wood
  • H O A Management Phone: 704-255-1266
  • Interior Amenities: Breakfast Bar, Cable Available, Open Floorplan, Pantry, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 678
  • Total Sq Ft: 1528

Exterior Features

  • Construction: Stone Veneer, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 1 Car, Parking Space - 1

Utilities

  • Heating: Central Air, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Outdoor Pool
  • Association Fee: 185.00
  • Association Fee Frequency: Monthly
  • Complex Name: Edison Square
  • HOA Management Company: Main Street Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: W.R. Odell
  • Middle School: HARRISRD
  • High School: Cox Mill

Lot Info

  • Land Included Yn: Yes
  • Lot Dimension: 53x101x38x89
  • Lot Features: Corner Lot, Level
  • Lot Size Area: 0.073
  • Parcel Number: 4670-66-1275-0000
  • Zoning Specification: C-2

Building Info

  • Builder Name: Ryan Homes

Tax Info

  • Tax Value: 240650.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Jul 22, 2021
Sold by
Reich Jack D and Reich Thelma A
Bought by
Kumaresan Arunsai Balasundaram and Arunsai Narmadha
Seller's Agent
Mary Beth Walsh
Heather Hopkinson & Associates
Buyer's Agent
Geeta Bandi
Bhargavi Realty LLC
List Price
$299,000
Sold Price
$310,000
Premium/Discount to List
$11,000
3.68%
Total Days on Market
3
Current Estimated Value
$359,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,730
Avg. Annual Appreciation
4.17%
Original Mortgage
$275,500
Outstanding Balance
$253,735
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$107,390

Purchase Details

Closed on
Sep 21, 2017
Sold by
Nvr Inc
Bought by
Reich Jack D and Reich Thelma A

Purchase Details

Closed on
Jun 12, 2017
Sold by
Edison Square Holdings Llc
Bought by
Nvr Inc

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
Kumaresan Arunsai Balasundaram $310,000 Meridian Title Co
Reich Jack D $233,000 None Available
Nvr Inc $260,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arunsai Narmadha $275,500
Closed Kumaresan Arunsai Balasundaram $275,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $310,000 +3.7% $203 / Sq Ft
06/06/2021 06/06/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $299,000 -- $196 / 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 $3,489 $350,290 $75,000 $275,290
2023 $2,936 $240,650 $56,000 $184,650
2022 $2,936 $240,650 $56,000 $184,650
2021 $2,936 $240,650 $56,000 $184,650
2020 $2,936 $240,650 $56,000 $184,650
2019 $2,512 $205,920 $50,000 $155,920
2018 $2,471 $205,920 $50,000 $155,920
Source: Public Records

Agents Affiliated with this Home

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3737216

Canopy MLS (Canopy Realtor® Association)

APN: 4670-66-1275-0000