NOT LISTED FOR SALE

1220 Pressley Downs Dr SE Concord, NC 28025

Estimated Value: $337,585 - $374,000

3 Beds
2 Baths
1,420 Sq Ft
$249/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $228,000 $161 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,102/month

1 Day on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Garden Bath
  • Cathedral Ceiling
  • Attached Garage
  • Fire Pit

About This Home

As of October 2020

Don't miss out on seeing this beautiful brick front ranch home! It offers a split bedroom design and vaulted ceilings in the Living room and Master BR which makes this house feel spacious the moment you walk into the door. You will notice the gleaming hardwood flooring in most of the home with ceramic tile in the bathrooms. Relax in the living room by the fireplace or create a yummy dinner for your family in the fully equipped kitchen! The master suite is spacious and the bath offers a garden tub, shower, large walk-in closet, double sink vanity, and a separate water closet. Linen closets and coat closets offer space for storage along with the pull-down attic in the side-load garage. Who doesn't like a back deck to entertain your friends and family?! This property is really beautiful with the mature crape myrtle trees and landscape surrounding the home and a privacy fenced-in backyard to boot! This home is priced to sell and won't last long!

Last Agent to Sell the Property

Deanna Miltz

Lantern Realty & Development, LLC License #298941 Listed on: 09/04/2020

Lantern Realty & Development, LLC

Co-Listed By

Brenda Brown

Lantern Realty & Development LLC License #302340

Last Buyer's Agent

Laurie Fuqua

RE/MAX Results License #312425

RE/MAX Results

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 9,583

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Cathedral Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Crawl Space
  • Pull Down Stairs to Attic

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Garden Bath

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • Fire Pit
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 5640-71-6418-0000

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.04587
  • Ratio Close Price By Original Li: 1.06047
  • Ratio Current Price By Acre: 1036363.64
  • Ratio Current Price By Sq Ft: 160.56
  • Year Built: 2002
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Disposal, Electric Dryer Hookup, Electric Oven, Electric Range, Exhaust Fan, Ice Maker Connection, Microwave, Refrigerator, Security System, Self Cleaning Oven
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Cable Available, Cathedral Ceiling(s), Garden Tub, Pantry, Split BR Plan
  • Laundry Location: Main, Closet
  • Room Count: 1
  • Main Level Sq Ft: 1420
  • Total Sq Ft: 1420

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Fire pit, Wired Internet Available

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 2 Car, Garage Door Opener, Side Load Garage

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Dimension: per tax records
  • Lot Features: Level
  • Parcel Number: 5640-71-6418-0000
  • Zoning Specification: RC

Tax Info

  • Tax Value: 146920.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2021
Sold by
Wilbert Steven Eric and Baucom Amanda
Bought by
Wilber Steven Eric and Baucom Amanda
Current Estimated Value
$352,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,100
Outstanding Balance
$193,597
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$159,299

Purchase Details

Listed on
Sep 4, 2020
Closed on
Oct 2, 2020
Sold by
Ratledge Earl Richard
Bought by
Wilber Steven Eric
Seller's Agent
Deanna Miltz
Lantern Realty & Development, LLC
Buyer's Agent
Laurie Fuqua
RE/MAX Results
List Price
$218,000
Sold Price
$228,000
Premium/Discount to List
$10,000
4.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%
Original Mortgage
$182,400
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2006
Sold by
Cooke Angela and Cooke Kelley
Bought by
Ratledge Earl Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,125
Interest Rate
6.1%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 22, 2003
Sold by
Gary W Laton Llc
Bought by
Cooke Angela and Cooke Kelley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,900
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2002
Sold by
Bost & Laton Llc
Bought by
Gary W Laton Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wilber Steven Eric -- None Available
Wilber Steven Eric -- None Listed On Document
Wilber Steven Eric $228,000 None Available
Ratledge Earl Richard $147,500 None Available
Cooke Angela $150,000 --
Gary W Laton Llc $185,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilber Steven Eric $211,100
Closed Wilber Steven Eric $211,100
Previous Owner Wilber Steven Eric $182,400
Previous Owner Ratledge Earl Richard $22,125
Previous Owner Ratledge Earl Richard $118,000
Previous Owner Cooke Angela $134,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2020 10/02/20 Sold $228,000 +4.6% $161 / Sq Ft
09/06/2020 09/06/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $218,000 0.0% $154 / Sq Ft
09/03/2020 09/03/20 Price Changed $218,000 -- $154 / 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 $3,286 $329,900 $67,000 $262,900
2024 $3,286 $329,900 $67,000 $262,900
2023 $2,406 $197,220 $42,000 $155,220
2022 $2,406 $197,220 $42,000 $155,220
2021 $2,406 $197,220 $42,000 $155,220
2020 $2,299 $188,460 $42,000 $146,460
2019 $1,792 $146,920 $28,000 $118,920
2018 $1,763 $146,920 $28,000 $118,920
2017 $1,699 $143,990 $28,000 $115,990
2016 $1,008 $150,890 $30,000 $120,890
2015 $1,781 $150,890 $30,000 $120,890
2014 $1,781 $150,890 $30,000 $120,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3657229

Canopy MLS (Canopy Realtor® Association)

APN: 5640-71-6418-0000