NOT LISTED FOR SALE

1607 Colfax Dr Concord, NC 28025

Estimated Value: $57,000 - $71,000

1.48 Acres
$43,243 Price per Acre
64,469 Sq Ft Lot

Last Sold August 10, 2022

Last sale price $50,000

Est. 28% increase in value since last sale

Current estimated payment $383/month

34 Days on Market

About This Lot

As of August 2022

Fantastic corner lot in Concord! Over three cleared acres with plenty of room to build. Rural enough for peace and tranquility, yet still a short drive to shops, restaurants, and downtown Concord! The property includes 1607 Colfax, 1615 Colfax, and 1614 Thompson. No survey or perc test has been done on the property.

Last Agent to Sell the Property

Jason McGory

Keller Williams South Park License #302390 Listed on: 07/07/2022

Keller Williams South Park

Co-Listed By

Trent Corbin

Keller Williams South Park License #266315

Last Buyer's Agent

Noah Pagley

United Investexusa 19 LLC License #335181

Property Details

Property Type

  • Land

Lot Details

  • Possible uses of the property include Residential
  • Zoning described as LDR

Utilities

  • Well Required

Community Details

  • Lynnwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5640-21-3573-0000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 14970.06
  • Restrictions: No Representation
  • Structure Type: Acreage
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Residential

Exterior Features

  • Tax Location: No City Taxes Paid

Utilities

  • Sewer: N/A
  • Water Source: Well Needed

Schools

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

Lot Info

  • Lot Size Area: 3.34
  • Lot Size Units: Acres
  • Parcel Number: 5640-21-3573-0000
  • Out Buildings Yn: 0
  • Can Be Subdivided: 1
  • Cleared Acres: 3.34
  • Lot Size: 121x54x249x154x176x
  • Zoning Description: LDR

Tax Info

  • RATIO List Price By Tax Amount: 0.94697

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Aug 10, 2022
Sold by
Kristen Beech
Bought by
Sorrell Benjamin
Seller's Agent
Jason McGory
Keller Williams South Park
Buyer's Agent
Noah Pagley
United Investexusa 19 LLC
List Price
$50,000
Sold Price
$50,000
Current Estimated Value
$64,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,000
Avg. Annual Appreciation
8.10%

Purchase Details

Closed on
May 1, 1997
Sold by
Ridenhour Mary Linton
Bought by
Ridenhour Frank L
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
Sorrell Benjamin $50,000 Shepard Law Pllc
Ridenhour Frank L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2022 08/10/22 Sold $50,000 0.0% --
07/07/2022 07/07/22 For Sale $50,000 -- --
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 -- $80,000 $80,000 $0
2024 $525 $80,000 $80,000 $0
2023 $433 $52,800 $52,800 $0
2022 $0 $52,800 $52,800 $0
2021 $422 $52,800 $52,800 $0
2020 $422 $52,800 $52,800 $0
2019 $224 $28,000 $28,000 $0
2018 $218 $28,000 $28,000 $0
2017 $213 $28,000 $28,000 $0
2016 $213 $28,000 $28,000 $0
2015 $213 $28,000 $28,000 $0
2014 $213 $28,000 $28,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3881236

Canopy MLS (Canopy Realtor® Association)

APN: 5640-21-3573-0000