NOT LISTED FOR SALE

1040 Ramsgate Dr SW Concord, NC 28025

Estimated Value: $289,000 - $308,000

3 Beds
2 Baths
1,135 Sq Ft
$263/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $306,000 $270 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,899/month

3 Days on Market

Highlights

  • Living Room with Fireplace
  • Walk-In Closet
  • Home Security System
  • Attached Garage
  • Patio
  • Laundry Room

About This Home

As of June 2022

This quaint 3 bedroom, 2 bath home in the Ramsgate community has over 1100sqft of living space, a gas fireplace, and kitchen that overlooks dining nook and living room. Large, flat backyard great for gatherings.

Last Agent to Sell the Property

Tanesha Thompson

Southern Homes of the Carolinas, Inc License #285498 Listed on: 05/10/2022

Southern Homes of the Carolinas, Inc

Last Buyer's Agent

Walter Pfister

Keller Williams South Park License #317719

Keller Williams South Park

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,778

Year Built

  • Built in 2007

Lot Details

  • Level Lot
  • Zoning described as RM-2

HOA Fees

  • $7 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,135 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Vinyl Flooring
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Patio

Schools

  • A.T. Allen Elementary School
  • C.C. Griffin Middle School
  • Central Cabarrus High School

Utilities

  • Heat Pump System
  • Cable TV Available

Community Details

  • Cedar Management Group Association, Phone Number (877) 252-3327
  • Ramsgate Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 5538-39-3243-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,778

Year Built

Built in 2007

Lot Details

0

HOA Fees

$7 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2007
  • Ratio Current Price By Acre: 2185714.29
  • Road Surface Type: Concrete
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Cable Available, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1135
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Second Living Quarters Hla: 0
  • Second Living Quarters Sq Ft: 0
  • Porch: Back,Patio
  • Appliances: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Electric Dryer Hookup, Electric Range, Microwave, Oven, Refrigerator, Security System
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 1135
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Aluminum Siding, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 85
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Cedar Management Group
  • Phone: (877) 252-3327
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: C.C. Griffin
  • HOA Subject To: Required
  • HOA Email: help@mycmg.com

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.14
  • Lot Size Units: Acres
  • Parcel Number: 5538-39-3243-0000
  • Zoning Description: RM-2

Tax Info

  • RATIO List Price By Tax Amount: 1.82915

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: A.T. Allen
  • High School: Central Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2022
Closed on
Jun 16, 2022
Sold by
Harrold Ernest L and Harrold Skye E
Bought by
Lankton Donnie Edwin and Lankton Donnie J
Seller's Agent
Tanesha Thompson
Southern Homes of the Carolinas, Inc
Buyer's Agent
Walter Pfister
Keller Williams South Park
List Price
$285,000
Sold Price
$306,000
Premium/Discount to List
$21,000
7.37%
Current Estimated Value
$297,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,016
Avg. Annual Appreciation
-1.30%
Original Mortgage
$295,290
Interest Rate
5.3%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 21, 2007
Sold by
Royce Homes North Carolina Llc
Bought by
Harrold Ernest L and Harrold Skye E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,396
Interest Rate
6.57%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 11, 2007
Sold by
Dan Moser Co Inc
Bought by
Royce Homes North Carolina Llc
Source: Public Records

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Range of Values:

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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
Lankton Donnie Edwin $306,000 Costner Law Office Pllc
Harrold Ernest L $143,000 None Available
Royce Homes North Carolina Llc $32,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lankton Donnie Edwin $295,290
Previous Owner Harrold Ernest L $140,396
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $306,000 +7.4% $270 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $285,000 0.0% $251 / Sq Ft
09/26/2016 09/26/16 Rented $1,025 0.0% --
09/22/2016 09/22/16 Under Contract -- -- --
08/18/2016 08/18/16 For Rent $1,025 +20.6% --
03/14/2012 03/14/12 Rented $850 0.0% --
03/14/2012 03/14/12 For Rent $850 -- --
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 $2,778 $278,890 $68,000 $210,890
2023 $1,901 $155,810 $40,000 $115,810
2022 $1,901 $155,810 $40,000 $115,810
2021 $1,901 $155,810 $40,000 $115,810
2020 $1,901 $155,810 $40,000 $115,810
2019 $1,448 $118,700 $20,000 $98,700
2018 $1,424 $118,700 $20,000 $98,700
2017 $1,401 $118,700 $20,000 $98,700
2016 $831 $108,860 $24,000 $84,860
2015 -- $108,860 $24,000 $84,860
2014 -- $108,860 $24,000 $84,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3833562

Canopy MLS (Canopy Realtor® Association)

APN: 5538-39-3243-0000