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7322 Mills Run Avenue

7322 Mills Run Avenue, Concord, NC 28025
Property in The Mills
Sold Apr 18, 2016
$246,000
$241,523 by Nvr Mortgage Finance Inc
Mortgage Due May 01, 2046
Sold Jan 20, 2016
$37,000
Local assessors in Concord, NC have categorized 7322 Mills Run Avenue as a residential type of property. The home was built in 2016 and is 8 years old. The property's lot size has been calculated to be 7,405 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 600 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7322 Mills Run Avenue has a total of 2,699 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 689 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Mar 29, 2016 for $246,000. That's $91.14 per sqft. Prior to that sales transaction, the property was also sold in Jan 15, 2016 for $37,000. 7322 Mills Run Avenue was last assessed in 2022. The total value of the property was assessed at $302,160. Specifically, the land the property is located on was valued at $60,000. While improvements on the property were assessed at a total of $242,160. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,686. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Mixed use
  • Garage Square Area: 689
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,699
  • Gross Building Area: 3,608
  • Building Area: 2,699
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,699
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE MILLS
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 313 THE MILLS

Ownership

  • Current Owner : WATKINS JODY T
  • Current Owner 2: VELARDI TARA A
  • Previous Owner : NVR INC
  • Owner Before Previous Owner: ROCKY RIVER PROJECT LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cabarrus County Schools
  • School Tax School District: 02-JACKSON PARK
  • Census Tract: 041503

Zoning

  • Zoning: PUD

Geography

  • Account Number: 108097
  • District: 01
  • Parcel: 5527 82 6228
  • Lot: 313
  • Municipality: HARRISBURG
  • Latitude: 35.3122
  • Longitude: -80.5802

    Address

  • Full Address: 7322 Mill Ruins Ave Sw
  • Address - House Number: 7322
  • Street Segment Direction: SW
  • Address - Street Name: Mill Ruins
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Concord
  • Carrier Code: R047
  • 4-Digit Zip Code: 8537
  • Zip Code: 28025

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,686
  • Tax Rate Code Area: CI02

    Appraisal Valuation

  • Standard Deviation: 0.1888
  • Valuation Date: Oct 26, 2022
  • Confidence Score: 75
  • Final Value: 528,037
  • High Value: 627,771
  • Low Value: 428,303

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $296,920
  • First Open Lien Mortgage Lender: NVR MORTGAGE FINANCE INC
  • First Open Lien Mortgage Recording Date: Apr 18, 2016
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $241,523
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2046
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Mar 04, 2022
  • Second Open Lien Mortgage Loan Amount: $55,397
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $302,160
  • Market Land Value: $60,000
  • Market Improvement Value: $242,160

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $302,160
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $242,160

    Sales

  • Current Sale Contract Date: Mar 29, 2016
  • Current Sale Recording Date: Apr 18, 2016
  • Current Sale Transaction ID: 1545740456
  • Current Sale Price: $246,000
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Jan 20, 2016
  • Previous Sale Contract Date: Jan 15, 2016
  • Previous Sale Amount: $37,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NVR MORTGAGE FINANCE INC
  • First Mortgage Transaction Date: Apr 18, 2016
  • First Mortgage Loan Amount: $241,523
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2046

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About The Mills



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Frequently Asked Questions

What neighborhood is 7322 Mills Run Avenue located in?
The 7322 Mills Run Avenue is a located in the neighborhood of The Mills in The Mills, Concord.
What is the average sales price for listings in 7322 Mills Run Avenue?
The average sales price for units in 7322 Mills Run Avenue is $0 currently.

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