NOT LISTED FOR SALE

227 & 231 Linden Ave SW Concord, NC 28027

Estimated Value: $139,000 - $299,000

3 Beds
2 Baths
1,267 Sq Ft
$172/Sq Ft Est. Value

Last Sold April 21, 2025

Last sale price $300,000 $237 Per Sq Ft

Est. 36% decrease in value since last sale

Current estimated payment $1,207/month

49 Days on Market

Highlights

  • Living Room
  • Ceiling Fan
  • Dining Area
  • Laundry Room
  • Access to stream, creek or river

About This Home

As of April 2025

This updated duplex in Concord, NC, offers great potential for rental income. Both units feature 2 bedrooms and 1 bathroom with modern finishes. One unit is currently vacant, while the other is rented at $1,100 per month. The property has been well-maintained, with a roof replacement and HVAC updates completed in 2018. The occupied unit also boasts a new flooring system. Additionally, both units include washer and dryer hookups, making it a convenient option for tenants. This is a fantastic opportunity to invest in a desirable area with strong rental demand.

Last Agent to Sell the Property

Anabell Rodriguez

BellCo Homes LLC Brokerage Email: info@bellcohomes.com License #279470 Listed on: 01/14/2025

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,832

Year Built

  • Built in 1945

Lot Details

  • 0.36

Parking

  • Driveway

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1,267 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Schools

  • Wolf Meadow Elementary School
  • Harold E Winkler Middle School
  • West Cabarrus High School

Additional Features

  • Access to stream, creek or river
  • Cleared Lot
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 5529-27-8997-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,832

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1945
  • Road Surface Type: Dirt, Gravel
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: info@bellcohomes.com
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Room Other: Bedroom(s),Bathroom(s),Kitchen,Living Room,Dining Area,Laundry
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
  • Owner Pays: None
  • Above Grade Finished Sq Ft: 1267
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1267
  • Building Stories: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, In Kitchen, Inside
  • Cooling: Ceiling Fan(s), Electric, Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Harold E Winkler
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Creek/Stream
  • Lot Size Area: 0.36
  • Lot Size Units: Acres
  • Parcel Number: 5529-27-8997-0000
  • Zoning: RC
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RC

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Call

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Wolf Meadow
  • High School: West Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2025
Closed on
Apr 11, 2025
Sold by
Carolinas Finest Properties Llc
Bought by
Stennett Paul and Stennett Kelli
Seller's Agent
Anabell Rodriguez
BellCo Homes LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$330,000
Sold Price
$300,000
Premium/Discount to List
-$30,000
-9.09%
Views
78
Current Estimated Value
$190,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$109,255
Original Mortgage
$180,000
Outstanding Balance
$180,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2017
Sold by
New Life Developers Llc
Bought by
Carolina Finest Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 28, 2017
Sold by
Hodges Cynthia Ann
Bought by
New Life Developers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage
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
Stennett Paul $300,000 None Listed On Document
Carolina Finest Properties Llc $65,000 None Available
New Life Developers Llc $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stennett Paul $180,000
Previous Owner Carolina Finest Properties Llc $52,000
Previous Owner New Life Developers Llc $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2025 04/21/25 Sold $300,000 -9.1% $237 / Sq Ft
03/04/2025 03/04/25 Pending -- -- --
01/14/2025 01/14/25 For Sale $330,000 -- $260 / 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 $1,832 $183,970 $52,000 $131,970
2023 $1,136 $93,080 $22,000 $71,080
2022 $1,136 $93,080 $22,000 $71,080
2021 $1,136 $93,080 $22,000 $71,080
2020 $1,136 $93,080 $22,000 $71,080
2019 $879 $72,070 $14,000 $58,070
2018 $865 $72,070 $14,000 $58,070
2017 $850 $72,070 $14,000 $58,070
2016 $504 $74,130 $14,000 $60,130
2015 $875 $74,130 $14,000 $60,130
2014 $875 $74,130 $14,000 $60,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4213291

Canopy MLS (Canopy Realtor® Association)

APN: 5529-27-8997-0000