NOT LISTED FOR SALE

142 Paddington Dr SW Concord, NC 28025

Estimated Value: $67,000 - $335,000

2.28 Acres
$103,216 Price per Acre
99,317 Sq Ft Lot

Last Sold October 03, 2024

Last sale price $65,000

Est. 262% increase in value since last sale

Current estimated payment $1,276/month

233 Days on Market

About This Lot

As of October 2024

+/- 2.28 AC at 142 and 148 Paddington Dr SW. Very convenient access to Downtown Concord, US 601, and Hwy 49! Current zoning is RM-1 with a maximum of 3 dwelling units per acre. There is a slope at the street and back perimeter of the two parcels. Please note the sewer easement conveyed with the parcels. Survey and preliminary plat can be found in the photos. If subdivided into the proposed 4 lots, it won't need to wait for sewer allocation since it's less than 3 lot subdivision per original parcel. Zoning allows for stick-built and modular homes. No manufactured homes allowed.

Last Agent to Sell the Property

Zach Britt

Moser Group, Inc., The Brokerage Email: zbritt@themosergroupinc.com License #315119 Listed on: 01/23/2024

Last Buyer's Agent

Max Wysong

Showcase Realty LLC License #352113

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $382

Lot Details

  • Infill Lot
  • Steep Slope
  • Possible uses of the property include Residential
  • Property is zoned RM-1

Schools

  • R Brown Mcallister Elementary School
  • Concord Middle School
  • Concord High School

Utilities

  • Water Tap or Transfer Fee

Listing and Financial Details

  • Assessor Parcel Number 5539-47-9890-0000

Property Details

Property Type

Land

Est. Annual Taxes

$382

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: No
  • Restrictions: Manufactured Home Not Allowed
  • Restrictions Description: Zoning
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: Medium
  • Attribution Contact: zbritt@themosergroupinc.com
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Foundation Details Proposed: Basement,Crawl Space,Slab,Other - See Remarks

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer, Tap Fee Required
  • Water Source: City, Tap Fee Required

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Concord
  • HOA Subject To: None

Lot Info

  • Lot Features: Infill Lot, Steep Slope
  • Lot Size Units: Acres
  • Parcel Number: 5539-47-9890-0000
  • Can Be Subdivided: 1
  • Additional Parcels Description: 5539-57-0602-0000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RM-1

MLS Schools

  • Elementary School: R Brown McAllister
  • High School: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2024
Closed on
Sep 30, 2024
Sold by
Mhb Investments Llc
Bought by
Georgetowne Five Llc
Seller's Agent
Zach Britt
Moser Group, Inc., The
Buyer's Agent
Max Wysong
Showcase Realty LLC
List Price
$165,000
Sold Price
$65,000
Premium/Discount to List
-$100,000
-60.61%
Views
202
Current Estimated Value
$235,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,333
Avg. Annual Appreciation
262.05%

Purchase Details

Closed on
Dec 7, 2021
Sold by
Living Word Ministries Inc
Bought by
Mhb Investments Llc

Purchase Details

Closed on
Oct 1, 1980
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Georgetowne Five Llc $65,000 None Listed On Document
Mhb Investments Llc $15,000 None Listed On Document
-- $3,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2024 10/03/24 Sold $65,000 -35.0% --
09/12/2024 09/12/24 Pending -- -- --
06/03/2024 06/03/24 Price Changed $99,999 -16.7% --
03/29/2024 03/29/24 Price Changed $119,999 -17.2% --
02/07/2024 02/07/24 Price Changed $145,000 -12.1% --
01/23/2024 01/23/24 For Sale $165,000 -- --
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 $382 $38,310 $38,310 $0
2024 $382 $38,310 $38,310 $0
2023 $267 $21,890 $21,890 $0
2022 $267 $20,280 $20,280 $0
2021 $247 $20,280 $20,280 $0
2020 $247 $20,280 $20,280 $0
2019 $247 $20,280 $20,280 $0
2018 $243 $20,280 $20,280 $0
2017 $239 $20,280 $20,280 $0
2016 $142 $20,280 $20,280 $0
2015 $239 $20,280 $20,280 $0
2014 $239 $20,280 $20,280 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4102849

Canopy MLS (Canopy Realtor® Association)

APN: 5539-47-9890-0000