NOT LISTED FOR SALE

1503 Cambridge Heights Place NW Concord, NC 28027

Estimated Value: $286,000 - $319,653

3 Beds
2 Baths
1,234 Sq Ft
$246/Sq Ft Est. Value

Last Sold August 18, 2020

Last sale price $199,000 $161 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,864/month

12 Days on Market

Highlights

  • A-Frame Home
  • Charles E. Boger Elementary School Rated A-
  • Corner Lot

About This Home

As of August 2020

Great starter home. This home is nestled near popular shopping, restaurants, Highway 85, and the International Business Park. The home features 3 bedrooms, 2 full baths, open concept living room and kitchen. It's a lovely space with spacious secondary bedrooms.

Last Agent to Sell the Property

Aimy Steele

Maleo Real Estate Inc. License #223135 Listed on: 07/12/2020

Last Buyer's Agent

Aimy Steele

Maleo Real Estate Inc. License #223135 Listed on: 07/12/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 5,227

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • A-Frame Home
  • Vinyl Siding

Additional Features

  • 2 Full Bathrooms
  • Crawl Space
  • Corner Lot

Community Details

  • Cambridge Commons HOA, Phone Number (980) 781-5533

Listing and Financial Details

  • Assessor Parcel Number 5601-96-6828-0000

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: A-Frame
  • Ratio Close Price By List Price: 0.99550
  • Ratio Close Price By Original Li: 0.99550
  • Ratio Current Price By Acre: 1579365.08
  • Ratio Current Price By Sq Ft: 161.26
  • Year Built: 1997
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Disposal, Electric Oven, Refrigerator
  • H O A Management Phone: (980)781-5533
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1234
  • Total Sq Ft: 1234

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Parking Space - 2

Utilities

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

Condo/Co-op/Association

  • Association Fee: 100.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Cambridge Commons HOA
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.126
  • Parcel Number: 5601-96-6828-0000
  • Zoning Specification: RC

Tax Info

  • Tax Value: 103810.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2020
Closed on
Aug 18, 2020
Sold by
Ladicu Elijah and Reyes Stephanie
Bought by
Reynoso Mildred
Seller's Agent
Aimy Steele
Maleo Real Estate Inc.
Buyer's Agent
Aimy Steele
Maleo Real Estate Inc.
List Price
$199,900
Sold Price
$199,000
Premium/Discount to List
-$900
-0.45%
Current Estimated Value
$303,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,413
Avg. Annual Appreciation
8.50%
Original Mortgage
$195,395
Outstanding Balance
$173,329
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$130,084

Purchase Details

Listed on
Jul 9, 2018
Closed on
Jul 30, 2018
Sold by
Davis Andrew and Davis Colleen
Bought by
Ladieu Flijah
Seller's Agent
Keith Magnuson
Keller Williams South Park
Buyer's Agent
Keith Magnuson
Keller Williams South Park
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.78%
Original Mortgage
$145,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2006
Sold by
Gary W Laton Llc
Bought by
Ladieu Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,150
Interest Rate
6.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 28, 2006
Sold by
Aero Wing Llc
Bought by
Gary W Laton Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,150
Interest Rate
6.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 24, 2005
Sold by
Laton Gary Wayne and Laton Kristi S
Bought by
Gary W Laton Llc

Purchase Details

Closed on
Dec 18, 1998
Sold by
Bost Danny G
Bought by
Springer Laton Gary Wayne and Springer Laton Kristi
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
Reynoso Mildred $199,000 None Available
Ladieu Flijah $150,000 None Available
Ladieu Colleen $106,000 None Available
Gary W Laton Llc -- None Available
Gary W Laton Llc -- --
Springer Laton Gary Wayne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynoso Mildred $195,395
Previous Owner Ladieu Flijah $145,500
Previous Owner Ladieu Colleen $105,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2020 08/18/20 Sold $199,000 -0.5% $161 / Sq Ft
07/25/2020 07/25/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $199,900 0.0% $162 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/12/2020 07/12/20 For Sale $199,900 +33.3% $162 / Sq Ft
07/30/2018 07/30/18 Sold $150,000 0.0% $122 / Sq Ft View Prior Sale
07/16/2018 07/16/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $150,000 -- $122 / 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 $3,026 $303,780 $54,000 $249,780
2024 $3,026 $303,780 $54,000 $249,780
2023 $2,168 $177,730 $45,000 $132,730
2022 $2,168 $177,730 $45,000 $132,730
2021 $2,168 $177,730 $45,000 $132,730
2020 $1,880 $154,120 $45,000 $109,120
2019 $1,266 $103,810 $20,000 $83,810
2018 $1,246 $103,810 $20,000 $83,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3637581

Canopy MLS (Canopy Realtor® Association)

APN: 5601-96-6826-0000