$345,000 - $355,000
RENTED APR 2, 2025

3590 Backwater St Concord, NC 28027

3 Beds
3 Baths
1,600 Sq Ft
$218 Price per Sq Ft

Last Sold February 10, 2025

Last sale price $354,970 $222 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,954/month

About This Home

As of February 2025

This brand new, 2 story home features 3 bedrooms, 2.5 bathrooms and 1600 square feet of living space. It has an open concept living/dining and kitchen area with granite counters and stainless appliances and half bath on the main level. Primary bedroom upstairs has a walk in closet and private full bath with dual vanity and large shower. 2 secondary bedrooms, full bath and laundry room also upstairs. All appliances are included! Patio at back with storage closet, 1 car garage and long driveway. This home is located in the Childers Park community off of I-85 and Hwy 73. Convenient to Kannapolis and minutes to Concord Mills or downtown Concord. Short drive to Charlotte. Rent this home with $1995 deposit and first months rent.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2025
Closed on
Feb 10, 2025
Sold by
Meritage Homes Of The Carolinas Inc
Bought by
Adhikari Puskar Narsingh and Adhikari Lucy
Seller's Agent
Andrew Shearer
Shearer Realty Inc.
Buyer's Agent
Andrew Shearer
Shearer Realty Inc.
Sold Price
$1,995
Views
161
Current Estimated Value
$349,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,604
Avg. Annual Appreciation
-7.34%
Original Mortgage
$224,970
Outstanding Balance
$224,589
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$125,010

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Adhikari Puskar Narsingh $355,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adhikari Puskar Narsingh $224,970
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2025 04/02/25 Rented $1,995 0.0% --
03/27/2025 03/27/25 Price Changed $1,995 -4.8% $1 / Sq Ft
02/27/2025 02/27/25 For Rent $2,095 0.0% --
02/10/2025 02/10/25 Sold $354,970 0.0% $222 / Sq Ft
01/14/2025 01/14/25 Pending -- -- --
01/07/2025 01/07/25 For Sale $354,970 -- $222 / Sq Ft

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 $31 $80,000 $80,000 $0
Source: Public Records

Agents Affiliated with this Home

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