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Terra Vista Realty
5842 Timber Falls Place NW
5842 Timber Falls Place NW
$345,115 (our value guesstimate)
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Concord, NC 28027 ▪  (MLS # 3875062)
2-car garage  ▪   Built: 1994
3 bed  ▪  2 full & 1 half bath  ▪  1,526 Sq Ft
Sold for $334,500 on Jul 29, 2022
5842 Timber Falls Place NW
$345,115 (our value guesstimate)
Concord, NC 28027 ▪  (MLS # 3875062)
2-car garage  ▪   Built: 1994
3 bed  ▪  2 full & 1 half bath  ▪  1,526 Sq Ft
Sold for $334,500 on Jul 29, 2022
SOLD JUL 29, 2022
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$334,500  (sales price)
3 bed  ▪  2 full & 1 half bath  ▪  1,526 Sq Ft
5842 Timber Falls Place NW
Concord, NC 28027 (MLS # 3875062)
.19 acres  ▪   Built: 1994
Subdivision: Ridge Crossing
Concord, NC / 28027

Our Value Guesstimate (from Computer Algorithm): $345,115

Our computer algorithm has estimated that this home would be likely to sell in a range between $293,348 and $396,882.
Sale Details
Sales Price: $334,500
Closed: Jul 29, 2022 (609 days ago)
List Price: $330,000
Sold for: 101% of list price
Cumulative Days on Market: 5
Price/Sq Ft: $219
Remarks - 5842 Timber Falls Place NW
(from previous listing) Well maintained home in a great LOCATION! This 2 story home has 3 bedrooms and 2.5 bathrooms and is located in a desirable, Concord subdivision with NO HOA! On the main level. heated ceramic tile in the kitchen, cherry cedar wood throughout the home and an enclosed dining area that can be used for an office, playroom, etc. The upper level. the master bedroom with vaulted ceilings and walk-in closet, 2 spacious bedrooms PLUS an additional office nook. looking out the front window. The spacious ba ...
Continue reading

General Info - MLS # 3875062
Parking: Attached, Garage - 2 Car
Year Built: 1994
Listing Status: Sold
Property Type: Single Family Home
Location: Concord / Cabarrus County
Lot Size: .19 acres
Area Schools
5/10
Carl A Furr Elementary School
Distance: 0.6 mi
5/10
Roberta Road Middle School
Distance: 5689.9 mi
5/10
Jay M Robinson High School
Distance: 1.1 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Ridge Crossing
Listing History
07/29/2022: MLS Sold for $334,500 (Canopy MLS)
Cumulative Days on Market: 5
More details

County Tax Data
2022 County Tax Assessment: $175,400
Next Cabarrus County Tax Assessment: 2024
2022 Property Taxes: $2,140

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

See Sold Homes in Ridge Crossing
SOLD DEC 15, 2023
Sold for $205/Sq Ft & 91% of list
5 cumulative days on market
$320,000 (sales price)
3 bed  ▪  2 full bath  ▪  1,561 SqFt
5895 Brookstone Dr NW
Concord, NC 28027
Ridge Crossing
0.1 mi.

SOLD OCT 2, 2023
Sold for $241/Sq Ft & 101% of list
5 cumulative days on market
$377,000 (sales price)
3 bed  ▪  2 full & 1 h. bath  ▪  1,567 SqFt
5720 Autumn Knoll Pl
Concord, NC 28027
Ridge Crossing
0.2 mi.

SOLD MAY 30, 2023
Sold for $219/Sq Ft & 99% of list
2 cumulative days on market
$340,000 (sales price)
3 bed  ▪  2 full bath  ▪  1,554 SqFt
5737 Spring Gate Ct
Concord, NC 28027
Ridge Crossing
0.3 mi.

Neighborhood Summary (single family)
Ridge Crossing

Sales in:

Median $ / Sq Ft (single family)
Ridge Crossing




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 27th 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:

16
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 16 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.

44%
of Available Homes
Are Under Contract
44% of previously owned 28027-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28027 Area Metro Area
1-year + 3% + 2%
2-year -<1% + 2%
5-year +67% +66%
The price per square foot of 28027-area re-sale homes has increased by approximately 67% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $199 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.

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.

Price Per Square Foot Change
Period 28027
Area
Metro
Area
1-year + 3% + 2%
2-year -<1% + 2%
5-year +67% +66%

The price per square foot of 28027-area re-sale homes has increased by approximately 67% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $199 per square foot in 28027 over the past 90 days - as compared to $212 for the entire metro area.

44%
of Available Homes
Are Under Contract

44% of previously owned 28027-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.



Our Value Guesstimate: $345,115

Our computer algorithm has estimated that this home would be likely to sell in a range between $293,348 and $396,882.


Sale Details
Sales Price: $334,500
Closed: Jul 29, 2022 (609 days ago)
List Price: $330,000
Sold for: 101% of list price
Cumulative Days on Market: 5
Price/Sq Ft: $219
Remarks
(from previous listing) Well maintained home in a great LOCATION! This 2 story home has 3 bedrooms and 2.5 bathrooms and is located in a desirable, Concord subdivision with NO HOA! On the main level. heated ceramic tile in the kitchen, cherry cedar wood throughout the home and an enclosed dining area that can be used for a ...
Continue reading

General Info - MLS 3875062
Parking: Attached, Garage - 2 Car
Year Built: 1994
Listing Status: Sold
Property Type: Single Family Home
Location: Concord / Cabarrus County
Lot Size: .19 acres

Neighborhood Info
Subdivision: Ridge Crossing
Listing History
07/29/2022: MLS Sold for $334,500 (Canopy MLS)
Cumulative Days on Market: 5
More details

Area Schools
5/10
Carl A Furr Elementary School
Distance: 0.6 mi
5/10
Roberta Road Middle School
Distance: 5689.9 mi
5/10
Jay M Robinson High School
Distance: 1.1 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 Ridge Crossing neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Covington, Quail Hollow Park, and The Woodlands.



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.