NOT LISTED FOR SALE

1507 Cambridge Heights Place NW Concord, NC 28027

Estimated Value: $293,000 - $313,446

3 Beds
2 Baths
1,284 Sq Ft
$236/Sq Ft Est. Value

Last Sold April 20, 2021

Last sale price $223,750 $174 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,860/month

2 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Garden Bath
  • Charles E. Boger Elementary School Rated A-
  • Walk-In Closet
  • Level Lot

About This Home

As of April 2021

Located right where you want to be. This impressive 3 bedroom ranch is 1 minute from I-85. Quick access to downtown Concord, Afton Village and Concord Mills. Large back yard with privacy fence. New roof, new floors, new countertops. This ready-to-move-in home is an excellent starter home or an investment opportunity in one of the most sought after parts of town.

SHOWINGS WILL BEGIN SATURDAY 3/27

Last Agent to Sell the Property

Keith Magnuson

Keller Williams South Park License #212124 Listed on: 03/27/2021

Keller Williams South Park

Last Buyer's Agent

Willie Torain

EXP Realty LLC Rock Hill License #273040

EXP Realty LLC Rock Hill

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • Level Lot

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Crawl Space
  • Pull Down Stairs to Attic

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 5601-96-5869-0000

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.05542
  • Ratio Close Price By Original Li: 1.05542
  • Ratio Current Price By Acre: 1243055.56
  • Ratio Current Price By Sq Ft: 174.26
  • 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: Cable Prewire, Ceiling Fan(s), CO Detector, Dishwasher, Disposal, Electric Range, Ice Maker Connection, Microwave, Refrigerator
  • Flooring: Laminate Wood, Vinyl
  • H O A Management Phone: (980)781-5533
  • Interior Amenities: Attic Stairs Pulldown, Garden Tub, Open Floorplan, Pantry, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Kitchen
  • Room Count: 1
  • Main Level Sq Ft: 1284
  • Total Sq Ft: 1284

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway

Utilities

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

Condo/Co-op/Association

  • Association Fee: 50.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Cambridge Commons HOA
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Cul-de-sac Lot, Level
  • Lot Size Area: 0.180
  • Parcel Number: 5601-96-5869-0000
  • Zoning Specification: RC

Tax Info

  • Tax Value: 156670.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2021
Closed on
Apr 20, 2021
Sold by
Heartwood Home Services Llc
Bought by
Fkh Sfr Proco D Lp
Seller's Agent
Keith Magnuson
Keller Williams South Park
Buyer's Agent
Willie Torain
EXP Realty LLC Rock Hill
List Price
$212,000
Sold Price
$223,750
Premium/Discount to List
$11,750
5.54%
Current Estimated Value
$302,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,862
Avg. Annual Appreciation
6.94%
Original Mortgage
$402,662
Outstanding Balance
$302,257
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$355

Purchase Details

Closed on
Sep 6, 2017
Sold by
Aero Wing Llc
Bought by
Heartwood Home Sevices Llc

Purchase Details

Closed on
Mar 28, 2006
Sold by
Gary W Laton Llc
Bought by
Aero Wing Llc
Source: Public Records

Range of Values:

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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
Fkh Sfr Proco D Lp $224,000 None Available
Heartwood Home Sevices Llc -- None Available
Aero Wing Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fkh Sfr Proco D Lp $402,662
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2021 04/20/21 Sold $223,750 +5.5% $174 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/27/2021 03/27/21 For Sale $212,000 -- $165 / 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 $3,069 $308,130 $54,000 $254,130
2024 $3,069 $308,130 $54,000 $254,130
2023 $2,194 $179,860 $45,000 $134,860
2022 $2,194 $156,670 $45,000 $111,670
2021 $1,911 $156,670 $45,000 $111,670
2020 $1,911 $156,670 $45,000 $111,670
2019 $1,289 $105,670 $20,000 $85,670
2018 $1,268 $105,670 $20,000 $85,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3721015

Canopy MLS (Canopy Realtor® Association)

APN: 5601-96-5837-0000