NOT LISTED FOR SALE

1197 Tangle Ridge Dr SE Concord, NC 28025

Estimated Value: $317,096 - $344,000

3 Beds
1.5 Baths
1,292 Sq Ft
$254/Sq Ft Est. Value

Last Sold November 16, 2022

Last sale price $320,000 $248 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,061/month

100 Days on Market

About This Home

As of November 2022

Adorable home with great floor open floor plan, kitchen island, spacious yard and located in Concord with easy access to the highway.

Last Agent to Sell the Property

Lisa Belk

Mark Spain Real Estate License #282516 Listed on: 06/14/2022

Mark Spain Real Estate

Last Buyer's Agent

Betsy Jasinski

C-A-RE Realty License #259438

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,054

Year Built

  • Built in 2020

Lot Details

  • 5,663

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Additional Features

  • Zoning described as RM-1
  • Central Heating

Community Details

  • Pendleton HOA
  • Pendleton Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 5630-92-4727-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,054

Year Built

Built in 2020

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2020
  • Ratio Current Price By Acre: 2302158.27
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 247.68
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 527
  • 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: 765
  • Appliances: Dishwasher, Electric Range, Microwave
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1292
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • New Construction: No
  • Tax Location: Concord
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 290
  • Parking Features: Attached Garage, Garage - 1 Car

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Upper Level
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 35
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Association Name: Pendleton HOA
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Concord
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 420.00

Lot Info

  • Lot Size Area: 0.139
  • Lot Size Units: Acres
  • Parcel Number: 5630-92-4727-0000
  • Zoning Description: RM-1
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.72528

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2023
Sold by
Olivares Victor Joseph
Bought by
Olivares Victor Joseph and Walters Alexis Marie
Current Estimated Value
$327,524

Purchase Details

Listed on
Jun 14, 2022
Closed on
Nov 15, 2022
Sold by
Opendoor Property Trust
Bought by
Olivares Victor Joseph
Seller's Agent
Lisa Belk
Mark Spain Real Estate
Buyer's Agent
Betsy Jasinski
C-A-RE Realty
List Price
$352,000
Sold Price
$320,000
Premium/Discount to List
-$32,000
-9.09%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.84%
Original Mortgage
$314,204
Interest Rate
6.94%
Mortgage Type
FHA

Purchase Details

Closed on
May 12, 2022
Sold by
Ann Hammond Lori
Bought by
Opendoor Property Trust

Purchase Details

Closed on
Sep 23, 2020
Sold by
Nvr Inc
Bought by
Hammond Lori Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,665
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2020
Sold by
Pendleton Bowman Llc
Bought by
Nvr Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Olivares Victor Joseph -- Os National Title
Olivares Victor Joseph $320,000 --
Opendoor Property Trust $312,500 Chicago Title
Opendoor Property Trust $312,500 Chicago Title
Hammond Lori Ann $208,000 None Available
Nvr Inc $59,000 Nvr Settlement Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olivares Victor Joseph $314,204
Previous Owner Hammond Lori Ann $192,665
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2022 11/16/22 Sold $320,000 +2.6% $248 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
09/08/2022 09/08/22 Price Changed $312,000 -2.8% $241 / Sq Ft
08/25/2022 08/25/22 Price Changed $321,000 -0.3% $248 / Sq Ft
08/11/2022 08/11/22 Price Changed $322,000 -1.8% $249 / Sq Ft
07/28/2022 07/28/22 Price Changed $328,000 -1.8% $254 / Sq Ft
07/14/2022 07/14/22 Price Changed $334,000 -1.8% $259 / Sq Ft
06/30/2022 06/30/22 Price Changed $340,000 -3.4% $263 / Sq Ft
06/14/2022 06/14/22 For Sale $352,000 -- $272 / 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 $3,054 $306,670 $65,000 $241,670
2023 $2,206 $180,840 $44,000 $136,840
2022 $2,206 $180,840 $44,000 $136,840
2021 $2,206 $180,840 $44,000 $136,840
2020 $537 $44,000 $44,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3872375

Canopy MLS (Canopy Realtor® Association)

APN: 5630-92-4727-0000