NOT LISTED FOR SALE

1151 Michael Ave Concord, NC 28025

Estimated Value: $396,000 - $461,000

4 Beds
3.5 Baths
2,107 Sq Ft
$200/Sq Ft Est. Value

Last Sold April 07, 2021

Last sale price $277,600 $132 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,432/month

95 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Separate Outdoor Workshop
  • Traditional Architecture
  • Screened Porch
  • 2 Car Attached Garage

About This Home

As of April 2021

Great opportunity to make Brafford Farm's first house yours! No HOA and no city taxes. Brand new roof (2021) and fresh paint inside! Seller is offering $6,000 towards buyers closing costs. Large flat lot with fence. Master down and three bedrooms upstairs. Two car garage with attached workshop complete with upstairs storage and large utility door to backyard. Screened in back porch. Downtown Concord restaurants, breweries, and shops are just minutes down the road.

Last Agent to Sell the Property

Ford Craven

Craven & Company Realtors Brokerage Email: ford.craven@cravenrealtors.com License #246003 Listed on: 12/04/2020

Last Buyer's Agent

Megan Restivo

Corcoran HM Properties License #298350

Corcoran HM Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,321

Year Built

  • Built in 1981

Lot Details

  • 0.7 Acre Lot
  • Lot Dimensions are 152x200
  • Fenced
  • Level Lot
  • Wooded Lot
  • Property is zoned RM-1

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Living Room with Fireplace
  • Screened Porch
  • Vinyl Flooring
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

Schools

  • W.M. Irvin Elementary School
  • Concord Middle School

Utilities

  • Heat Pump System
  • Community Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Ramp on the main level
  • Separate Outdoor Workshop

Community Details

  • No Home Owners Association
  • Brafford Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5631-53-8261-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,321

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1981
  • Restrictions: No Restrictions
  • Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 131.75
  • Attribution Contact: ford.craven@cravenrealtors.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1245
  • 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: 862
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Water Heater
  • Above Grade Finished Sq Ft: 2107
  • Accessibility Features: Ramp(s)-Main Level
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Living Area: 2107
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Room Count: 10
  • Sq Ft Other: 273

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Fenced
  • Waterfront Features: None
  • Construction Type: Vinyl
  • Other Structures: Workshop
  • Patio And Porch Features: Front Porch, Rear Porch, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 499
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached Garage, Garage Door Opener, Garage Shop

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Ceiling Fan(s), Heat Pump
  • Water Source: Community Well

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Features: Level, Wooded
  • Lot Size Area: 0.7
  • Lot Size Units: Acres
  • Parcel Number: 5631-53-8261-0000
  • Plat Reference Section Pages: 103
  • Lot Size Acres: 0.7
  • Lot Size: 152x200
  • Lot Size Sq Ft: 30492
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RM-1

Green Features

  • Green Verification Count: 1

Rental Info

  • Hold Date: 2021-02-07

MLS Schools

  • Elementary School: W.M. Irvin
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2020
Closed on
Apr 5, 2021
Sold by
Newton Kay
Bought by
Hann Michael and Hann Caroline
Seller's Agent
Ford Craven
Craven & Company Realtors
Buyer's Agent
Megan Restivo
Corcoran HM Properties
List Price
$314,000
Sold Price
$277,600
Premium/Discount to List
-$36,400
-11.59%
Current Estimated Value
$420,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,165
Avg. Annual Appreciation
9.66%
Original Mortgage
$263,720
Outstanding Balance
$237,335
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$183,430
Source: Public Records

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
Hann Michael $278,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hann Michael $263,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2021 04/07/21 Sold $277,600 -11.6% $132 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/06/2021 03/06/21 For Sale $314,000 +13.1% $149 / Sq Ft
02/07/2021 02/07/21 Off Market $277,600 -- --
12/31/2020 12/31/20 Pending -- -- --
12/14/2020 12/14/20 Price Changed $304,900 -3.2% $145 / Sq Ft
12/04/2020 12/04/20 For Sale $315,000 -- $150 / 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
2025 $2,321 $353,810 $68,000 $285,810
2024 $2,321 $353,810 $68,000 $285,810
2023 $1,840 $224,400 $50,000 $174,400
2022 $1,788 $218,090 $50,000 $168,090
2021 $1,788 $218,090 $50,000 $168,090
2020 $1,385 $218,090 $50,000 $168,090
2019 $1,087 $180,850 $40,000 $140,850
2018 $1,060 $180,850 $40,000 $140,850
2017 $1,032 $180,850 $40,000 $140,850
2016 $1,032 $171,410 $36,000 $135,410
2015 $961 $171,410 $36,000 $135,410
2014 $961 $171,410 $36,000 $135,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3686823

Canopy MLS (Canopy Realtor® Association)

APN: 5631-53-8261-0000