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Terra Vista Realty
7315 Mill Ruins Avenue
7315 Mill Ruins Avenue
$435,021 (our value guesstimate)
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Concord, NC 28025 ▪  (MLS # 3879470)
2-car garage  ▪   Built: 2017  ▪   Primary Up
4 bed  ▪  2 full & 1 half bath  ▪  2,463 Sq Ft
Sold for $400,000 on Mar 08, 2023
7315 Mill Ruins Avenue
$435,021 (our value guesstimate)
Concord, NC 28025 ▪  (MLS # 3879470)
2-car garage  ▪   Built: 2017  ▪   Primary Up
4 bed  ▪  2 full & 1 half bath  ▪  2,463 Sq Ft
Sold for $400,000 on Mar 08, 2023
SOLD MAR 8, 2023
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SOLD MAR 8, 2023
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$400,000  (sales price)
4 bed  ▪  2 full & 1 half bath  ▪  2,463 Sq Ft
7315 Mill Ruins Avenue
Concord, NC 28025 (MLS # 3879470)
.17 acres  ▪   Built: 2017  ▪   Primary Bedroom Up
Subdivision: The Mills At Rocky River
Concord, NC / 28025

Our Value Guesstimate (from Computer Algorithm): $435,021

Our computer algorithm has estimated that this home would be likely to sell in a range between $369,768 and $500,274.
Sale Details
Sales Price: $400,000
Closed: Mar 8, 2023 (387 days ago)
List Price: $414,000
Sold for: 97% of list price
Cumulative Days on Market: 203
Price/Sq Ft: $162
Remarks - 7315 Mill Ruins Avenue
(from previous listing) Great open floor plan, large kitchen island, tall ceilings, covered patio, huge bedrooms, large laundry room with storage closet, tons of natural light... This home will not last!
General Info - MLS # 3879470
Parking: Attached
Year Built: 2017
Master / Primary Bedroom: Upper floor
Listing Status: Sold
Property Type: Single Family Home
Location: Concord / Cabarrus County
Lot Size: .17 acres
Area Schools
8/10
Patriots Elementary School
Distance: 0.3 mi
6/10
C C Griffin Middle School
Distance: 0.5 mi
9/10
Hickory Ridge High School
Distance: 3.1 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: The Mills At Rocky River
Listing History
03/08/2023: MLS Sold for $400,000 (Canopy MLS)
Cumulative Days on Market: 203
More details

08/11/2017: MLS # 3286169 sold for $272,895 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 39

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


  More Home Details
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See Sold Homes in The Mills At Rocky River
SOLD MAY 15, 2023
Sold for $172/Sq Ft & 98% of list
27 cumulative days on market
$430,000 (sales price)
3 bed  ▪  3 full & 1 h. bath  ▪  2,500 SqFt
7330 Mill Ruins Ave
Concord, NC 28025
Mills At Rocky River
0.1 mi.

SOLD APR 28, 2023
Sold for $194/Sq Ft & 98% of list
19 cumulative days on market
$480,000 (sales price)
4 bed  ▪  2 full & 1 h. bath  ▪  2,474 SqFt
2275 Galloway Ln SW
Concord, NC 28025
The Mills At Rocky River
0.1 mi.

SOLD MAR 29, 2023
Sold for $183/Sq Ft & 99% of list
41 cumulative days on market
$420,000 (sales price)
3 bed  ▪  3 full & 1 h. bath  ▪  2,298 SqFt
7371 Dover Mill Dr SW
Concord, NC 28025
The Mills at Rocky River
0.1 mi.

Neighborhood Summary (single family)
The Mills At Rocky River

Sales in:

Median $ / Sq Ft (single family)
The Mills At Rocky River




28025 ZIP Code Trends
28025 ZIP Code Trends

OUR RATING: MODERATELY COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28025 is the 39th most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28025 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

20
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 20 cumulative days on market in the 28025 area. Compare this with the Charlotte metro area median of 17 days on market.

24%
Of Recently Sold Homes
Over Asking Price
24% of previously owned 28025-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28025.

47%
of Available Homes
Are Under Contract
47% of previously owned 28025-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28025 Area Metro Area
1-year + 4% + 2%
2-year +<1% + 2%
5-year +71% +66%
The price per square foot of 28025-area re-sale homes has increased by approximately 71% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $193 per square foot in 28025 over the past 90 days - as compared to $212 for the entire metro area.

21
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 21 cumulative days on market in the 28025 area. Compare this with the Charlotte metro area median of 17 days on market.

25%
Of Recently Sold Homes
Over Asking Price

25% of previously owned 28025-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28025.

Price Per Square Foot Change
Period 28025
Area
Metro
Area
1-year + 4% + 2%
2-year +<1% + 2%
5-year +71% +66%

The price per square foot of 28025-area re-sale homes has increased by approximately 71% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $193 per square foot in 28025 over the past 90 days - as compared to $212 for the entire metro area.

48%
of Available Homes
Are Under Contract

48% of previously owned 28025-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.



Our Value Guesstimate: $435,021

Our computer algorithm has estimated that this home would be likely to sell in a range between $369,768 and $500,274.


Sale Details
Sales Price: $400,000
Closed: Mar 8, 2023 (387 days ago)
List Price: $414,000
Sold for: 97% of list price
Cumulative Days on Market: 203
Price/Sq Ft: $162
Remarks
(from previous listing) Great open floor plan, large kitchen island, tall ceilings, covered patio, huge bedrooms, large laundry room with storage closet, tons of natural light... This home will not last!
General Info - MLS 3879470
Parking: Attached
Year Built: 2017
Master / Primary Bedroom: Upper floor
Listing Status: Sold
Property Type: Single Family Home
Location: Concord / Cabarrus County
Lot Size: .17 acres

Neighborhood Info
Subdivision: The Mills At Rocky River
Listing History
03/08/2023: MLS Sold for $400,000 (Canopy MLS)
Cumulative Days on Market: 203
More details


08/11/2017: MLS # 3286169 sold for $272,895 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 39
Area Schools
8/10
Patriots Elementary School
Distance: 0.3 mi
6/10
C C Griffin Middle School
Distance: 0.5 mi
9/10
Hickory Ridge High School
Distance: 3.1 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.


  More Home Details
  Map / Satellite View

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


 



1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents




1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.
If you’re looking to sell a home in the The Mills At Rocky River neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Rocky Meadows, Foxwood Acres, and Canterfield Estates.



CDS Data Share Based on information submitted to the MLS GRID as of 03/29/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2024 Canopy Multiple Listing Services, Inc. All rights reserved.