NOT LISTED FOR SALE

116 Grove Ave NW Concord, NC 28025

Downtown Concord Neighborhood

Estimated Value: $472,859

3 Beds
2 Baths
2,232 Sq Ft
$212/Sq Ft Est. Value

Last Sold July 29, 2019

Last sale price $285,000 $128 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,940/month

141 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Walk-In Closet
  • Coltrane-Webb Elementary School Rated A-
  • Fireplace
  • 2-minute walk to Coltrane-Webb Playground

About This Home

As of July 2019

Beautifully updated Historic Home with Charming Wrap-around Front Porch! Sensational light throughout! High Ceilings with Tall Windows to match! Gorgeous Hardwoods! Stunning Kitchen with Stainless Steel Appliances and Elegant Built-ins with lighting. Huge Mud/Utility room with Sinks and Cabinets. Lots of Storage! The following is what the Sellers love about the home.."As much as we love the house, it is also the neighborhood and sense of community that really make this a remarkable place to live. From the old tree's to the historic homes throughout the neighborhood, the short 3 block walk to downtown Concord with all the amenities available there. Coltrane Webb Elementary is a block away. Sitting on the front porch swing on a summer evening is one of the most enjoyable peaceful ways to spend time."

Last Agent to Sell the Property

Brenda Cline

RE/MAX Executive License #192081 Listed on: 01/24/2019

RE/MAX Executive

Last Buyer's Agent

Heather Littrell

EXP Realty LLC License #229124

EXP Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1898

Lot Details

  • 0.26

Parking

  • Gravel Driveway

Interior Spaces

  • Fireplace
  • Storm Doors
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Shed
  • Corner Lot

Listing and Financial Details

  • Assessor Parcel Number 5620-77-3723-0000

Community Details

Overview

  • Historic Association

Recreation

  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98310
  • Ratio Close Price By Original Li: 0.95000
  • Ratio Current Price By Acre: 1096153.85
  • Ratio Current Price By Sq Ft: 127.69
  • Year Built: 1898
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Storm Door(s)
  • Equipment: Ceiling Fan(s), Cable Prewire, Cooktop Electric, Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Network Ready, Electric Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Fixture Exception Description: Living room chandelier (front room)
  • Fixture Exception Yn: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Other, Built-Ins, Cable Available, Kitchen Island, Pantry, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Main, Utility Room
  • Room Count: 1
  • Main Level Sq Ft: 2232
  • Total Sq Ft: 2232

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Concrete, Gravel
  • Parking: Parking Space - 3

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Playground, Sidewalk, Street Lights, Walking Trails
  • HOA Management Company: Historic

Schools

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

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.260
  • Parcel Number: 5620-77-3723-0000
  • Zoning Specification: RM-2

Tax Info

  • Tax Value: 232660.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2019
Closed on
Jul 12, 2019
Sold by
Schmidt Linus Frederick and Schmidt Tammy Lynn
Bought by
Irvin Lynn Franklin and Irvin Jill F
Seller's Agent
Brenda Cline
RE/MAX Executive
Buyer's Agent
Heather Littrell
EXP Realty LLC
List Price
$300,000
Sold Price
$285,000
Premium/Discount to List
-$15,000
-5%
Current Estimated Value
$472,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,859
Avg. Annual Appreciation
8.53%
Original Mortgage
$270,750
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2016
Sold by
Blakc Brandon Russell and Blakc Sarah King
Bought by
Schmidt Linus Frederick and Schmidt Pack Tammy Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2007
Sold by
Jay Sidney Lanier and Jay Patricia N
Bought by
Black Brandon Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 1993
Bought by
Jay Sidney Lanier Jr

Purchase Details

Closed on
Jul 1, 1988

Purchase Details

Closed on
Aug 1, 1986
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Irvin Lynn Franklin $285,000 None Available
Schmidt Linus Frederick $263,000 None Available
Black Brandon Russell $256,500 None Available
Jay Sidney Lanier Jr $106,500 --
-- $69,000 --
-- $53,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irvin Lynn Franklin $42,500
Open Irvin Lynn Franklin $264,000
Closed Irvin Lynn Franklin $270,750
Previous Owner Schmidt Linus Frederick $163,000
Previous Owner Black Brandon R $250,200
Previous Owner Black Brandon Russell $256,500
Previous Owner Jay Jr Sidney Lanear $179,148
Previous Owner Jay Jr Sidney Lanear $22,000
Previous Owner Jay Jr Sidney L $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2019 07/29/19 Sold $285,000 -1.7% $128 / Sq Ft
06/14/2019 06/14/19 Pending -- -- --
05/06/2019 05/06/19 Price Changed $289,900 -3.4% $130 / Sq Ft
01/24/2019 01/24/19 For Sale $300,000 -- $134 / 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 $3,936 $395,190 $126,850 $268,340
2023 $3,471 $284,530 $97,200 $187,330
2022 $3,471 $284,530 $97,200 $187,330
2021 $3,471 $284,530 $97,200 $187,330
2020 $3,471 $284,530 $97,200 $187,330
2019 $2,838 $232,660 $54,000 $178,660
2018 $2,792 $232,660 $54,000 $178,660
2017 $2,745 $232,660 $54,000 $178,660
2016 $1,629 $224,350 $54,000 $170,350
2015 $2,647 $224,350 $54,000 $170,350
2014 $2,647 $224,350 $54,000 $170,350
Source: Public Records

Agents Affiliated with this Home

  • Brenda Cline

    Seller's Agent in 2019

    Brenda Cline

    RE/MAX Executives Charlotte, NC

    (704) 634-3444

    105 Total Sales

    Section Image
  • Heather Littrell

    Buyer's Agent in 2019

    Heather Littrell

    EXP Realty LLC

    (704) 791-7881

    1 in this area

    209 Total Sales

    Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3467079

Canopy MLS (Canopy Realtor® Association)

APN: 5620-77-3723-0000

North Carolina Cabarrus County Concord 28025 Downtown Concord

116 Grove Ave NW, Concord, NC

This home is located at 116 Grove Ave NW, Concord, NC 28025 since 24 January 2019 and is currently estimated at $472,859, approximately $211 per square foot. This property was built in 1898. 116 Grove Ave NW is a home located in Cabarrus County with nearby schools including Coltrane-Webb Elementary School, Concord Middle School, and Concord High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS (Canopy Realtor® Association) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes