NOT LISTED FOR SALE

108 Mckinnon Ave NE Concord, NC 28025

-- Bed
-- Bath
3,780 Sq Ft
0.52 Acres

Last Sold December 01, 2023

Last sale price $535,000 $142 Per Sq Ft

9 Days on Market

About This Home

As of December 2023

The property consists of 5 units and was constructed in 1900 and renovated in 2008, and has maintained its quality condition through its residents and professional management. The neighborhood has seen tremendous growth as the property is is a 4 minutes from downtown Concord, which is experiencing significant growth and development over the recent years. Photos were taken in 2008 and the owner has maintained the property in good condition.

Highlights:
New Roof, Off Street Parking, Light Value Add Opportunity, Affordable High Quality of Life Location, Booming Pro-Business Charlotte Submarket, 4 minute drive from downtown Concord a Key location, Separate Entrances for Residents, Location has been highly connective to the entire Charlotte MSA.

Please do not disturb tenants. The photos were taken after t the 2008 renovations per seller.

Last Agent to Sell the Property

Dwayne Heigh

Heigh Capital Group LLC Brokerage Email: dwayne@heighcapitalgroup.com License #300510 Listed on: 10/05/2023

Last Buyer's Agent

Tyler Wilcox

EXP Realty LLC Mooresville License #319535

EXP Realty LLC Mooresville

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1900

Lot Details

  • 0.52

Parking

  • Parking Lot

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 3,780 Sq Ft Home
  • Property has 2 Levels
  • Laundry closet

Kitchen

  • Electric Oven
  • Electric Range

Basement

  • Apartment Living Space in Basement
  • Crawl Space

Utilities

  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for exterior maintenance, management, trash collection
  • Assessor Parcel Number 5621-71-8517-0000

Property Details

Home Type

Apartment

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1900
  • Road Surface Type: Gravel
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: Medium
  • Attribution Contact: dwayne@heighcapitalgroup.com
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space, Slab
  • Fireplace: No
  • Appliances: Electric Oven, Electric Range
  • Owner Pays: Exterior Maintenance, Management, Trash Collection
  • Has Basement: Apartment
  • Basement YN: No
  • Living Area: 3780
  • Building Stories: 2

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Lot, Parking Space(s)

Utilities

  • Heating: Electric, Hot Water
  • Sewer: Public Sewer
  • Laundry Features: Laundry Closet
  • Cooling: N/A
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.52
  • Lot Size Units: Acres
  • Parcel Number: 5621-71-8517-0000
  • Zoning: RC
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RC

Green Features

  • Green Verification Count: 0

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 5

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

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

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $535,000 -4.5% $142 / Sq Ft
10/14/2023 10/14/23 Pending -- -- --
10/05/2023 10/05/23 For Sale $560,000 0.0% $148 / Sq Ft
12/11/2017 12/11/17 Rented $525 0.0% --
12/08/2017 12/08/17 For Rent $525 -8.7% --
12/06/2017 12/06/17 Under Contract -- -- --
03/17/2017 03/17/17 Rented $575 0.0% --
03/06/2017 03/06/17 Under Contract -- -- --
03/03/2017 03/03/17 For Rent $575 +2.7% --
11/07/2016 11/07/16 Rented $560 0.0% --
11/02/2016 11/02/16 Under Contract -- -- --
10/21/2016 10/21/16 For Rent $560 -6.7% --
02/15/2016 02/15/16 Rented $600 0.0% --
02/09/2016 02/09/16 Under Contract -- -- --
01/29/2016 01/29/16 For Rent $600 +14.3% --
08/07/2015 08/07/15 Rented $525 0.0% --
08/05/2015 08/05/15 Under Contract -- -- --
05/27/2015 05/27/15 For Rent $525 +1.9% --
01/23/2015 01/23/15 Rented $515 0.0% --
01/15/2015 01/15/15 Under Contract -- -- --
10/31/2014 10/31/14 For Rent $515 -1.9% --
06/23/2014 06/23/14 Rented $525 0.0% --
06/12/2014 06/12/14 Under Contract -- -- --
05/21/2014 05/21/14 For Rent $525 -4.5% --
02/03/2014 02/03/14 Rented $550 +6.8% --
02/03/2014 02/03/14 For Rent $515 +4.0% --
11/14/2013 11/14/13 Rented $495 0.0% --
11/14/2013 11/14/13 For Rent $495 -8.3% --
03/25/2013 03/25/13 Rented $540 +9.1% --
02/27/2013 02/27/13 Rented $495 0.0% --
02/27/2013 02/27/13 For Rent $495 -15.4% --
02/23/2013 02/23/13 Under Contract -- -- --
01/09/2013 01/09/13 For Rent $585 -- --
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4075935

Canopy MLS (Canopy Realtor® Association)

APN: 5621 71 8517