NOT LISTED FOR SALE

1241 Rural Dr NW Concord, NC 28027

Estimated Value: $554,273 - $576,000

4 Beds
2.5 Baths
3,300 Sq Ft
$171/Sq Ft Est. Value

Last Sold June 22, 2021

Last sale price $430,000 $130 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,476/month

68 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Level Lot
  • Charles E. Boger Elementary School Rated A-

About This Home

As of June 2021

Are you a small business owner looking for the perfect property for both home & work? Located 1/2 mile from I-85 in Concord, 20 minutes North of Charlotte is zoned residential, with a double entrance wrap driveway this meticulously kept 4 bedroom 2 1/2 bath home is beautifully landscaped & nestled on just over an acre with a 2 car detached garage with 3rd bay workshop area.

Businesses such as: Accounting, Appraisal, Legal services, Real estate sales, Insurance sales, Childcare / Daycare, Drafting services, landscape architecture, Financial planning, and Lawn Care Services are permitted & can easily be run from this property. First floor master suite with walk in closet, First floor laundry room, walk out to screened in porch and deck. Spacious dining room, breakfast nook, remote lights/fans, gas fireplace in family room. Granite in bathrooms, tile & hardwood flooring, Berber in upstairs bedroom. Newer roof and HVAC.

This home is move in ready! Check out the virtual tour!

Last Agent to Sell the Property

Jamie Dunnavant

Coldwell Banker Realty License #321242 Listed on: 03/26/2021

Coldwell Banker Realty

Last Buyer's Agent

Linda Jo Mastrangelo

Allen Tate Charlotte South License #288692

Allen Tate Charlotte South

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • 1.09

Parking

  • 2

Home Design

  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic

Flooring

  • Wood
  • Tile

Additional Features

  • Level Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5601-86-2346-0000

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.95556
  • Ratio Close Price By Original Li: 0.90526
  • Ratio Current Price By Acre: 394495.41
  • Ratio Current Price By Sq Ft: 130.30
  • Year Built: 1996
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1238
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Dishwasher, Gas Range, Refrigerator
  • Fireplace Description: FAMILYRM, Natural Gas
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Cable Available, Pantry
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 2062
  • Total Sq Ft: 3300

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Off Frame Modular

Garage/Parking

  • Parking: Detached Garage, Garage - 2 Car

Utilities

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

Schools

  • Elementary School: Charles E. Boger
  • Middle School: Northwest Cabarrus
  • High School: Northwest Cabarrus

Lot Info

  • Lot Features: Level
  • Lot Size Area: 1.090
  • Parcel Number: 5601-86-2346-0000
  • Zoning Specification: RV

Tax Info

  • Tax Value: 231860.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
Jun 21, 2021
Sold by
Wise Perry Franklin and Wise Crystal B
Bought by
Hpa Us1 Llc
Seller's Agent
Jamie Dunnavant
Coldwell Banker Realty
Buyer's Agent
Linda Jo Mastrangelo
Allen Tate Charlotte South
List Price
$475,000
Sold Price
$430,000
Premium/Discount to List
-$45,000
-9.47%
Current Estimated Value
$564,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,068
Avg. Annual Appreciation
6.50%
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
Hpa Us1 Llc $430,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wise Perry Franklin $228,000
Previous Owner Wise Perry F $43,400
Previous Owner Wise Perry F $159,100
Previous Owner Wise Perry F $137,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2021 06/22/21 Sold $430,000 -4.4% $130 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
05/11/2021 05/11/21 Price Changed $450,000 -5.3% $136 / Sq Ft
03/26/2021 03/26/21 For Sale $475,000 -- $144 / 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 $4,910 $493,000 $90,000 $403,000
2023 $4,013 $328,950 $50,400 $278,550
2022 $4,013 $231,860 $50,400 $181,460
2021 $2,829 $231,860 $50,400 $181,460
2020 $2,829 $231,860 $50,400 $181,460
2019 $2,373 $194,470 $42,000 $152,470
2018 $2,334 $194,470 $42,000 $152,470
2017 $2,295 $194,470 $42,000 $152,470
2016 $1,361 $191,260 $40,200 $151,060
2015 $2,257 $191,260 $40,200 $151,060
2014 $2,257 $191,260 $40,200 $151,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3720369

Canopy MLS (Canopy Realtor® Association)

APN: 5601-86-2346-0000