NOT LISTED FOR SALE

118 Glen Rae St SW Concord, NC 28025

Estimated Value: $137,000 - $252,265

2 Beds
2 Baths
1,015 Sq Ft
$217/Sq Ft Est. Value

Last Sold March 13, 2024

Last sale price $245,000 $241 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,336/month

4 Days on Market

Highlights

  • Front Porch
  • 1-Story Property
  • Back and Front Yard Fenced
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of March 2024

Welcome to your dream ranch home in Concord, just a mile from the vibrant downtown! This gorgeous property has undergone a complete renovation, meticulously executed with all necessary permits, including new roof, upated electric & plumbing, reinforced crawlspace, new windows, and more! The open floor plan boasts abundant natural light, highlighting the sleek, contemporary kitchen with quartz countertops and a beautiful backsplash. The primary bedroom includes a luxurious bathroom with granite tops, tile shower with glass doors. With its prime location, you're just a short stroll from downtown's shopping, dining, and entertainment. This move-in-ready home combines the best of both worlds: a quaint, residential setting near the heart of Concord. Don't miss the opportunity to make this meticulously updated home your new haven! Flyer that includes list or renovations attached- ask your agent for it!

Last Agent to Sell the Property

Veronica Diquez

Keller Williams South Park Brokerage Email: veronicadiquez@kw.com License #119962 Listed on: 02/01/2024

Keller Williams South Park

Last Buyer's Agent

Jennifer Villalobos

Keller Williams South Park License #344998

Keller Williams South Park

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,323

Year Built

  • Built in 1950

Lot Details

  • Back and Front Yard Fenced
  • Property is zoned RC

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,015 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Front Porch
  • Central Heating and Cooling System

Community Details

  • Underwood Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5620-63-6931-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,323

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1950
  • Second Living Quarters: None
  • Road Surface Type: Concrete
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 241.38
  • Geocode Confidence: High
  • Attribution Contact: veronicadiquez@kw.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1015
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Oven, Electric Range, Refrigerator
  • Above Grade Finished Sq Ft: 1015
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1015
  • Bedroom Main: 2
  • Room Count: 4

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard, Front Yard
  • Construction Type: Vinyl
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: In Hall
  • Cooling: Central Air
  • 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: 0.41
  • Lot Size Units: Acres
  • Parcel Number: 5620-63-6931-0000
  • Zoning: RC
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RC

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Mar 7, 2024
Sold by
Jimespa Group Llc
Bought by
Cortez Denson Jeffrey
Seller's Agent
Veronica Diquez
Keller Williams South Park
Buyer's Agent
Jennifer Villalobos
Keller Williams South Park
List Price
$238,000
Sold Price
$245,000
Premium/Discount to List
$7,000
2.94%
Current Estimated Value
$220,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,934
Avg. Annual Appreciation
-8.02%
Original Mortgage
$245,000
Outstanding Balance
$242,098
Interest Rate
6.63%
Mortgage Type
VA
Estimated Equity
-$21,791

Purchase Details

Closed on
Nov 9, 2022
Sold by
Investcar Llc
Bought by
Jimespa Group Llc

Purchase Details

Closed on
Nov 8, 2022
Sold by
Gaultney Jane F and Gaultney Monroe T
Bought by
Green Street Home Buyers Llc

Purchase Details

Closed on
Nov 7, 2022
Sold by
Green Street Home Buyers Llc
Bought by
Investcar Llc

Purchase Details

Closed on
Mar 16, 2012
Sold by
Gaultney Jane F
Bought by
Gaultney Jane F and Gaultney Monroe T

Purchase Details

Closed on
Nov 23, 2011
Sold by
Gaultney Monroe T
Bought by
Gaultney Jane F

Purchase Details

Closed on
May 4, 2007
Sold by
J&M Equity Properties Llc
Bought by
Gaultney Monroe T and Gaultney Jane F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,943
Interest Rate
6.35%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 12, 2007
Sold by
Capstone Investments Llc
Bought by
J & M Equity Properties Llc

Purchase Details

Closed on
Oct 26, 2006
Sold by
Deutsche Bank National Trust Co
Bought by
Capstone Investments Llc

Purchase Details

Closed on
Jul 31, 2006
Sold by
Barron James Thomas and Barron Angela Wyatt
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Apr 29, 2005
Sold by
Hanson Michael K and Hanson Cynthia Barrett
Bought by
Barron James Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,050
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2001
Sold by
Ramdin Clement S and Ramdin Nancy C
Bought by
Hanson Michael K and Hanson Cynthia Barrett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,500
Interest Rate
6.67%
Mortgage Type
Unknown
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
Cortez Denson Jeffrey $245,000 None Listed On Document
Jimespa Group Llc $108,500 --
Green Street Home Buyers Llc $77,500 --
Investcar Llc $92,500 --
Gaultney Jane F -- None Available
Gaultney Jane F -- None Available
Gaultney Monroe T -- None Available
J & M Equity Properties Llc $30,500 None Available
Capstone Investments Llc $17,000 None Available
Deutsche Bank National Trust Co $65,000 None Available
Barron James Thomas $74,500 Chicago Title Insurance Comp
Hanson Michael K $56,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortez Denson Jeffrey $245,000
Previous Owner Gaultney Monroe $49,943
Previous Owner Barron James Thomas $67,050
Previous Owner Hanson Michael K $54,500
Previous Owner Hanson Michael K $56,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2024 03/13/24 Sold $245,000 +2.9% $241 / Sq Ft
02/01/2024 02/01/24 For Sale $238,000 -- $234 / 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 $1,323 $132,860 $40,000 $92,860
2023 $385 $31,590 $5,850 $25,740
2022 $0 $31,590 $5,850 $25,740
2021 $385 $31,590 $5,850 $25,740
2020 $385 $31,590 $5,850 $25,740
2019 $308 $25,210 $4,230 $20,980
2018 $303 $25,210 $4,230 $20,980
2017 $297 $25,210 $4,230 $20,980
2016 $176 $35,540 $7,480 $28,060
2015 $419 $35,540 $7,480 $28,060
2014 $419 $35,540 $7,480 $28,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4105540

Canopy MLS (Canopy Realtor® Association)

APN: 5620-63-6931-0000