NOT LISTED FOR SALE

Locke Mill 1 Buffalo Ave NW Unit 6 Concord, NC 28025

Estimated Value: $128,000 - $175,000

2 Beds
1 Bath
960 Sq Ft
$145/mo HOA Fee

Last Sold May 07, 2018

Last sale price $64,600 $67 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $1,075/month

64 Days on Market

Highlights

  • In Ground Pool
  • Coltrane-Webb Elementary School Rated A-
  • Tile Flooring

About This Home

As of May 2018

One level 2 Bedroom 1 Bath condo in Locke Mill Plaza. Located on Main Level. Association inground pool. Newer paint, carpet and ceramic tile. Only blocks from downtown and located on the Bus Line. Ideal for primary residence or rental investment income. Seller owns nine additional units and will consider selling individually or as a whole.

Last Agent to Sell the Property

Mike Huffstetler

Carolina Real Estate License #A344 Listed on: 01/22/2018

Last Buyer's Agent

Angie Williams

EXP Realty LLC License #239343

EXP Realty LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1890

Lot Details

  • 436

HOA Fees

  • $145 Monthly HOA Fees

Home Design

  • Slab Foundation

Additional Features

  • Tile Flooring
  • 1 Full Bathroom
  • In Ground Pool

Community Details

  • Locke Mill Association, Phone Number (704) 640-5230

Listing and Financial Details

  • Assessor Parcel Number 5621-61-2006-0006

Property Details

Home Type

Condominium

Year Built

Built in 1890

Lot Details

0

HOA Fees

$145 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.92418
  • Ratio Close Price By Original Li: 0.92418
  • Ratio Current Price By Acre: 6460000.00
  • Ratio Current Price By Sq Ft: 67.29
  • Unit Floor Level: 1
  • Year Built: 1890
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Cable Prewire, Dishwasher, Electric Range, Exhaust Fan, Refrigerator, Electric Oven
  • Flooring: Carpet, Tile
  • H O A Management Phone: 704-640-5230
  • Interior Amenities: Attic Other
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 960
  • Total Sq Ft: 960

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Pool-In-Ground
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Assigned Parking Space - 2

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 145.00
  • Association Fee Frequency: Monthly
  • Complex Name: Locke Mill Plaza
  • HOA Management Company: Locke Mill
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 19 X 33
  • Lot Size Area: 0.010
  • Parcel Number: 5621-61-2006-0006
  • Zoning Specification: CUC-2

Tax Info

  • Tax Value: 40700.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2018
Closed on
May 7, 2018
Sold by
Feri Llc
Bought by
Hines Sylvia Artis
Seller's Agent
Mike Huffstetler
Carolina Real Estate
Buyer's Agent
Angie Williams
EXP Realty LLC
List Price
$69,900
Sold Price
$64,600
Premium/Discount to List
-$5,300
-7.58%
Total Days on Market
64
Current Estimated Value
$148,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,842
Avg. Annual Appreciation
13.79%

Purchase Details

Closed on
Jun 28, 2006
Sold by
Concord Investment Lp
Bought by
Neighborhood Leasing Llc

Purchase Details

Closed on
Apr 16, 2005
Sold by
Ferriss William P and Ferriss Loretta L
Bought by
Feri Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
5.88%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 22, 2005
Sold by
Diversified Historic Investors Iv
Bought by
Ferriss William P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
5.88%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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Average Value
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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
Hines Sylvia Artis $65,000 None Available
Neighborhood Leasing Llc $300,000 None Available
Neighborhood Leasing Llc $3,000,000 None Available
Feri Llc -- --
Ferriss William P $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hines Sylvia Artis $64,600
Previous Owner Feri Llc $278,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2018 05/07/18 Sold $64,600 -7.6% $67 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $69,900 -- $73 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,162 $116,620 $25,000 $91,620
2023 $788 $64,630 $15,000 $49,630
2022 $788 $64,630 $15,000 $49,630
2021 $788 $64,630 $15,000 $49,630
2020 $788 $64,630 $15,000 $49,630
2019 $497 $40,700 $10,500 $30,200
2018 $488 $40,700 $10,500 $30,200
2017 $480 $40,700 $10,500 $30,200
2016 $285 $40,310 $10,500 $29,810
2015 $476 $40,310 $10,500 $29,810
2014 $476 $40,310 $10,500 $29,810
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Mike Huffstetler

    Carolina Real Estate

    (704) 773-1180

    3 in this area

    3 Total Sales

    Mike Huffstetler
    Section Image

  • A

    Buyer's Agent in 2018

    Angie Williams

    EXP Realty LLC

    (704) 222-7930

    1 in this area

    27 Total Sales

    Angie Williams
    Section Image
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About Locke Mill

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3353184

Canopy MLS (Canopy Realtor® Association)

APN: 5621-61-2006-0006

North Carolina Cabarrus County Concord 28025

1 Buffalo Ave NW Unit 6, Concord, NC

This home is located at 1 Buffalo Ave NW Unit 6, Concord, NC 28025 since 22 January 2018 and is currently estimated at $148,442, approximately $154 per square foot. This property was built in 1890. 1 Buffalo Ave NW Unit 6 is a home located in Cabarrus County with nearby schools including Coltrane-Webb Elementary School, Concord Middle School, and Concord High School.

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