NOT LISTED FOR SALE

123 Academy Ave NW Concord, NC 28025

Estimated Value: $296,000 - $316,000

3 Beds
2 Baths
1,497 Sq Ft
$207/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $248,000 $166 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,972/month

7 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • 1-minute walk to Academy Recreation Center
  • Coltrane-Webb Elementary School Rated A-
  • Kitchen Island

About This Home

As of July 2021

Total remodel on this 3 bedroom 2 full bath Ranch near Downtown Concord! This home features on site refinished hardwood floors in the living room and all 3 bedrooms. New Luxury Vinyl flooring in the dining room, kitchen, laundry. The Kitchen features all new shaker style kitchen cabinets, kitchen island with eat up bar, new hardware, new sink, new faucet, new backsplash, new stainless appliances, recessed lighting, and new granite counter tops. Both bathrooms totally updated with new tile flooring, new vanities, new toilets, and new faucets. New tub with tile surround in one bathroom and new tiled walk in shower in the other bathroom. The laundry room has new cabinets as well. All new interior paint, all new light fixtures, and new ceiling fans throughout. All new HVAC duct work under the home. All New Back Stoop and back steps. This one needs nothing and is totally move in ready!

Last Agent to Sell the Property

Bradley Cohen

RE/MAX Executive License #233018 Listed on: 05/21/2021

RE/MAX Executive

Last Buyer's Agent

Cynthia Hughes

ERA Live Moore License #210378

ERA Live Moore

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 6,970

Home Design

  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Insulated Windows
  • Crawl Space
  • Kitchen Island

Flooring

  • Wood
  • Vinyl

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5620-69-2231-0000

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.99240
  • Ratio Close Price By Original Li: 0.95421
  • Ratio Current Price By Acre: 1550000.00
  • Ratio Current Price By Sq Ft: 165.66
  • Year Built: 1900
  • 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), Dishwasher, Electric Oven, Electric Dryer Hookup, Electric Range, Microwave
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Interior Amenities: Cable Available, Kitchen Island
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1497
  • Total Sq Ft: 1497
  • Sq Ft Unheated Main: 240
  • Sq Ft Unheated Total: 240

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway

Utilities

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

Schools

  • Elementary School: Coltrane-webb
  • Middle School: Concord
  • High School: Concord

Lot Info

  • Lot Dimension: 66x115x57x113
  • Lot Size Area: 0.160
  • Parcel Number: 5620-69-2231-0000
  • Zoning Specification: RC

Tax Info

  • Tax Value: 73460.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jul 1, 2021
Sold by
Cranford David W and Cranford Kimberly
Bought by
Wellman Amy L and Stone Courtenay M
Seller's Agent
Bradley Cohen
RE/MAX Executive
Buyer's Agent
Cynthia Hughes
ERA Live Moore
List Price
$259,900
Sold Price
$248,000
Premium/Discount to List
-$11,900
-4.58%
Total Days on Market
7
Current Estimated Value
$309,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,605
Avg. Annual Appreciation
6.73%
Original Mortgage
$235,600
Outstanding Balance
$217,897
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$102,227

Purchase Details

Closed on
Dec 22, 2008
Sold by
Hitchcock Jimmy D
Bought by
Cranford David W

Purchase Details

Closed on
Jan 2, 2008
Sold by
Cranford David W
Bought by
Cranford David W and Cranford Kimberly H

Purchase Details

Closed on
Aug 1, 2003
Sold by
Gray Michael Clegg
Bought by
Hitchcock Jimmy D
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
Wellman Amy L $248,000 None Available
Cranford David W $52,290 None Available
Cranford David W -- None Available
Hitchcock Jimmy D $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wellman Amy L $235,600
Previous Owner Hitchcock Jimmy D $108,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $248,000 -0.8% $166 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
05/23/2021 05/23/21 Price Changed $249,900 -3.8% $167 / Sq Ft
05/21/2021 05/21/21 For Sale $259,900 -- $174 / 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 $2,867 $287,820 $53,000 $234,820
2023 $2,157 $176,780 $17,000 $159,780
2022 $2,157 $73,460 $17,000 $56,460
2021 $896 $73,460 $17,000 $56,460
2020 $896 $73,460 $17,000 $56,460
2019 $1,116 $91,440 $13,000 $78,440
2018 $1,097 $91,440 $13,000 $78,440
2017 $1,079 $91,440 $13,000 $78,440
2016 $640 $95,560 $13,000 $82,560
2015 $1,128 $95,560 $13,000 $82,560
2014 $1,128 $95,560 $13,000 $82,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3740726

Canopy MLS (Canopy Realtor® Association)

APN: 5620-69-2231-0000