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8720 Arbor Commons Lane
8720 Arbor Commons Lane
$1,877,648 (our value guesstimate)
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Concord, NC 28027 ▪  (MLS # 3434895)
3-car garage  ▪   Built: 2007  ▪   Primary on Main
5 bed  ▪  5 full & 1 half bath  ▪  5,303 Sq Ft
Sold for $1,100,000 on Apr 29, 2019
8720 Arbor Commons Lane
$1,877,648 (our value guesstimate)
Concord, NC 28027 ▪  (MLS # 3434895)
3-car garage  ▪   Built: 2007  ▪   Primary on Main
5 bed  ▪  5 full & 1 half bath  ▪  5,303 Sq Ft
Sold for $1,100,000 on Apr 29, 2019
SOLD APR 29, 2019
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$1,100,000  (sales price)
5 bed  ▪  5 full & 1 half bath  ▪  5,303 Sq Ft
8720 Arbor Commons Lane
Concord, NC 28027 (MLS # 3434895)
2.73 acres  ▪   Built: 2007  ▪   Primary Bedroom on Main
Subdivision: Arbor Oaks
Concord, NC / 28027

Our Value Guesstimate (from Computer Algorithm): $1,877,648

Our computer algorithm has estimated that this home would be likely to sell in a range between $1,596,001 and $2,159,295.
Sale Details
Sales Price: $1,100,000
Closed: Apr 29, 2019 (1,795 days ago)
List Price: $1,175,000
Sold for: 94% of list price
Cumulative Days on Market: 495
Price/Sq Ft: $207
Remarks - 8720 Arbor Commons Lane
(from previous listing) Impeccably executed, every detail has been thoughtfully designed and finished at the highest level. With almost 5200 square feet of unparalleled beauty, highlights feature Open floor plan, Office, Butler Bar, Scullery walk-in pantry, Custom cabinets, Circular staircase with custom iron railings, oak hardwood floors, an elegant main level master suite, spa bath, and Custom lighting complete the main level. Upper Level has 4 additional bedrooms most with walk-in closets and Full baths, two bonus r ...
Continue reading

General Info - MLS # 3434895
Parking: Attached, Garage - 3 Car
Year Built: 2007
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Concord / Cabarrus County
Lot Size: 2.73 acres
Area Schools
10/10
W R Odell Elementary School
Distance: 0.6 mi
10/10
Harris Road Middle School
Distance: 1.0 mi
10/10
Cox Mill High School
Distance: 2.5 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Arbor Oaks
Community Features: Gated, Street Lights
Listing History
04/29/2019: MLS Sold for $1,100,000 (Canopy MLS)
Cumulative Days on Market: 495
More details

County Tax Data
2022 County Tax Assessment: $1,069,610
Next Cabarrus County Tax Assessment: 2024
2022 Property Taxes: $8,642

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
  Map / Satellite View

28027 ZIP Code Trends
28027 ZIP Code Trends

OUR RATING: VERY COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28027 is the 21st most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28027 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

15
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 15 cumulative days on market in the 28027 area. Compare this with the Charlotte metro area median of 17 days on market.

27%
Of Recently Sold Homes
Over Asking Price
27% of previously owned 28027-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 28027.

46%
of Available Homes
Are Under Contract
46% of previously owned 28027-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28027 Area Metro Area
1-year + 2% + 3%
2-year - 1% + 2%
5-year +65% +66%
The price per square foot of 28027-area re-sale homes has increased by approximately 65% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $198 per square foot in 28027 over the past 90 days - as compared to $212 for the entire metro area.

15
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 15 cumulative days on market in the 28027 area. Compare this with the Charlotte metro area median of 17 days on market.

26%
Of Recently Sold Homes
Over Asking Price

26% of previously owned 28027-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 28027.

Price Per Square Foot Change
Period 28027
Area
Metro
Area
1-year + 2% + 3%
2-year - 1% + 2%
5-year +65% +66%

The price per square foot of 28027-area re-sale homes has increased by approximately 65% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $198 per square foot in 28027 over the past 90 days - as compared to $212 for the entire metro area.

46%
of Available Homes
Are Under Contract

46% of previously owned 28027-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.



Our Value Guesstimate: $1,877,648

Our computer algorithm has estimated that this home would be likely to sell in a range between $1,596,001 and $2,159,295.


Sale Details
Sales Price: $1,100,000
Closed: Apr 29, 2019 (1,795 days ago)
List Price: $1,175,000
Sold for: 94% of list price
Cumulative Days on Market: 495
Price/Sq Ft: $207
Remarks
(from previous listing) Impeccably executed, every detail has been thoughtfully designed and finished at the highest level. With almost 5200 square feet of unparalleled beauty, highlights feature Open floor plan, Office, Butler Bar, Scullery walk-in pantry, Custom cabinets, Circular staircase with custom iron railings, oak ...
Continue reading

General Info - MLS 3434895
Parking: Attached, Garage - 3 Car
Year Built: 2007
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Concord / Cabarrus County
Lot Size: 2.73 acres

Neighborhood Info
Subdivision: Arbor Oaks
Community Features: Gated, Street Lights
Listing History
04/29/2019: MLS Sold for $1,100,000 (Canopy MLS)
Cumulative Days on Market: 495
More details

Area Schools
10/10
W R Odell Elementary School
Distance: 0.6 mi
10/10
Harris Road Middle School
Distance: 1.0 mi
10/10
Cox Mill High School
Distance: 2.5 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 Arbor Oaks neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Walkers Glen, Moss Creek, and Heritage Ridge.



CDS Data Share Based on information submitted to the MLS GRID as of 03/28/2024. 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.