NOT LISTED FOR SALE

1027 Central Dr NW Unit 2 Concord, NC 28027

1 Acre
-- Price per Acre
43,560 Sq Ft Lot

Last Sold July 22, 2020

Last sale price $186,250

86 Days on Market

About This Lot

As of July 2020

Great location for your industrial business. Easy access to I-85 off of Central Drive the "Industrial Gateway" to Concord. Located on 30' Deeded Access off Central Dr. Lot 1 can be purchased for an additional $300,000.

Average Daily Traffic on Central is 7,300/aadt
Average Daily Traffic on Near by Davidson Hwy 17,000/aadt

Last Agent to Sell the Property

Kirk Hanson

Coldwell Banker- CK Select License #235328 Listed on: 02/25/2020

Coldwell Banker- CK Select

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $20,179

Lot Details

Community Details

Amenities

  • Business Center

Property Details

Property Type

Land

Est. Annual Taxes

$20,179

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Commercial
  • Ratio Close Price By List Price: 0.93125
  • Ratio Close Price By Original Li: 0.93125
  • Ratio Current Price By Acre: 186250.00
  • Restrictions: No Restrictions
  • Special Features: None

Utilities

  • Sewer: City Sewer, Tap Fee Required
  • Water: City Water, Tap Fee Required

Condo/Co-op/Association

  • Community Features: Business Center

Schools

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

Lot Info

  • Lot Dimension: 153X300
  • Lot Size Area: 1.000
  • Parcel Number: 0000
  • Zoning Specification: I-1

Tax Info

  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2020
Closed on
Jul 13, 2020
Sold by
Irvan Smith Properties Llc
Bought by
Bacco Llc
Seller's Agent
Kirk Hanson
Coldwell Banker- CK Select
Buyer's Agent
Non Member
Canopy Administration
List Price
$200,000
Sold Price
$186,250
Premium/Discount to List
-$13,750
-6.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2016
Sold by
Irvan Smith Properties Llc
Bought by
Mr Storage Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.72%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 7, 2013
Sold by
Irvan Smith Properties Llc
Bought by
Mr Storage Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
4.57%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 5, 2001
Sold by
Irvan Vergil E and Irvan Jo Ann
Bought by
Irvan Smith Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.02%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Bacco Llc $186,500 None Available
Mr Storage Llc $33,000 None Available
Mr Storage Llc $65,500 None Available
Irvan Smith Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bacco Llc $139,500
Previous Owner Mr Storage Llc $120,000
Previous Owner Mr Storage Llc $510,000
Previous Owner Irvan Smith Properties Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2020 07/22/20 Sold $186,250 -6.9% --
05/22/2020 05/22/20 Pending -- -- --
02/25/2020 02/25/20 For Sale $200,000 -- --
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
2025 $20,179 $2,025,980 $487,810 $1,538,170
2024 $20,179 $2,025,980 $487,810 $1,538,170
2023 $21,094 $1,729,010 $445,390 $1,283,620
2022 $21,094 $1,729,010 $445,390 $1,283,620
2021 $21,094 $1,751,380 $467,760 $1,283,620
2020 -- $1,983,120 $699,500 $1,283,620
2019 -- $1,477,420 $359,580 $1,117,840
2018 -- $1,477,420 $359,580 $1,117,840
2017 -- $1,477,420 $359,580 $1,117,840
Source: Public Records

Agents Affiliated with this Home

  • Kirk Hanson

    Seller's Agent in 2020

    Kirk Hanson

    Coldwell Banker- CK Select

    (704) 791-9469

    318 Total Sales

    Kirk Hanson
    Section Image

  • N

    Buyer's Agent in 2020

    Non Member

    NC_CanopyMLS

See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3594166

Canopy MLS (Canopy Realtor® Association)

APN: 5611-87-3225-0000

North Carolina Cabarrus County Concord 28027

1027 Central Dr NW Unit 2, Concord, NC

This home is located at 1027 Central Dr NW Unit 2, Concord, NC 28027 since 25 February 2020. 1027 Central Dr NW Unit 2 is a home located in Cabarrus County with nearby schools including Winecoff Elementary School, Northwest Cabarrus Middle School, and Covenant Classical School.

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