NOT LISTED FOR SALE

16 Paddington Dr SW Concord, NC 28025

Estimated Value: $280,000 - $326,000

3 Beds
2 Baths
1,218 Sq Ft
$250/Sq Ft Est. Value

Last Sold August 22, 2018

Last sale price $159,900 $131 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,891/month

66 Days on Market

Highlights

  • Ranch Style House
  • Corner Lot
  • Tile Flooring
  • R Brown Mcallister STEMElementary Rated A-
  • Attached Garage
  • Storm Doors

About This Home

As of August 2018

NOTICE: SELLER WILL ASSIST WITH $3,000 OF BUYERS' CLOSING COST OR REDUCE THE PURCHASE PRICE BY $3,000.00. Beautiful and hard to find full brick house close to downtown Concord, but still with easy access to highways, restaurants, shopping, etc. This home features 3 bedrooms and 2 baths; Spacious family room with wood burning fireplace and dining area; Kitchen; Laundry room with overhead cabinets; Large fenced backyard for privacy and plenty of room for the children and dogs to play. One car garage. Patio and grill. Refrigerator to remain. Architectural shingles - approx. 9 years old; HVAC approx. 6 years old; water heater approx. 4 yrs...all installed by previous owner.

Last Agent to Sell the Property

Brenda Hodgens

Craven & Company Realtors License #24641 Listed on: 05/01/2018

Last Buyer's Agent

Alicia Hammel

Lantern Realty & Development, LLC License #301472

Lantern Realty & Development, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • Corner Lot
  • Level Lot

HOA Fees

  • $9 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 2 Full Bathrooms
  • Wood Burning Fireplace
  • Crawl Space
  • Storm Doors

Flooring

  • Laminate
  • Tile

Utilities

  • Cable TV Available

Community Details

  • Cinnamon Hill HOA

Listing and Financial Details

  • Assessor Parcel Number 5539-68-3906

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

0

HOA Fees

$9 per month

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.98158
  • Ratio Close Price By Original Li: 0.98158
  • Ratio Current Price By Acre: 551379.31
  • Ratio Current Price By Sq Ft: 131.28
  • Year Built: 1990
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Storm Door(s)
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Electric Dryer Hookup, Ice Maker Connection, Microwave, Natural Gas, Refrigerator, Self Cleaning Oven
  • Fireplace Description: Den, Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate Wood, Tile
  • Interior Amenities: Cable Available
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Sq Ft Additional: 357
  • Main Level Sq Ft: 1218
  • Total Sq Ft: 1218

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 1 Car

Utilities

  • Heating: Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 110.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Cinnamon Hill HOA
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: R. McAllister
  • Middle School: Concord
  • High School: Unspecified

Lot Info

  • Lot Dimension: 40x150
  • Lot Features: Corner Lot, Level
  • Lot Size Area: 0.290
  • Parcel Number: 5539-68-3906
  • Zoning Specification: RM-1

Tax Info

  • Tax Value: 139370.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2020
Sold by
Martin Reid Lewis and Martin Gina Michelle
Bought by
Melton Robert Taylor
Current Estimated Value
$303,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,270
Outstanding Balance
$166,270
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$135,045

Purchase Details

Listed on
May 1, 2018
Closed on
Aug 20, 2018
Sold by
Yanase Lisa Rietz and Yanase Craig Akira
Bought by
Lewis Martin Reid
Seller's Agent
Brenda Hodgens
Craven & Company Realtors
Buyer's Agent
Alicia Hammel
Lantern Realty & Development, LLC
List Price
$162,900
Sold Price
$159,900
Premium/Discount to List
-$3,000
-1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.43%
Original Mortgage
$127,920
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2016
Sold by
Hielscher William Allen and Hielscher Anna E
Bought by
Yanase Lisa Rietz and Yanase Craig Akira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2008
Sold by
Mcclain Cynthia Dawn and Mcclain James L
Bought by
Hielscher William Allen and Hielscher Anna E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1996
Sold by
Mccannon Brenda C
Bought by
Mccannon Brenda C

Purchase Details

Closed on
Nov 1, 1990
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
Melton Robert Taylor $191,000 Costello Title
Lewis Martin Reid $160,000 None Available
Yanase Lisa Rietz $152,000 None Available
Hielscher William Allen $137,000 None Available
Mccannon Brenda C $95,000 --
-- $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melton Robert Taylor $185,270
Previous Owner Lewis Martin Reid $127,920
Previous Owner Yanase Lisa Rietz $121,600
Previous Owner Hielscher William Allne $110,072
Previous Owner Hielscher William Allen $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2018 08/22/18 Sold $159,900 -1.8% $131 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $162,900 0.0% $134 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
05/01/2018 05/01/18 For Sale $162,900 -- $134 / 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 $2,742 $275,280 $65,000 $210,280
2023 $1,929 $158,080 $38,000 $120,080
2022 $1,929 $158,080 $38,000 $120,080
2021 $1,929 $158,080 $38,000 $120,080
2020 $1,929 $158,080 $38,000 $120,080
2019 $1,770 $145,070 $30,000 $115,070
2018 $1,672 $139,370 $30,000 $109,370
2017 $1,645 $139,370 $30,000 $109,370
2016 $976 $107,600 $30,000 $77,600
2015 $1,270 $107,600 $30,000 $77,600
2014 $1,270 $107,600 $30,000 $77,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3378474

Canopy MLS (Canopy Realtor® Association)

APN: 5539-68-3906-0000