NOT LISTED FOR SALE

227 Franklin Ave NW Concord, NC 28025

Estimated Value: $286,000 - $322,000

3 Beds
2 Baths
1,328 Sq Ft
$232/Sq Ft Est. Value

Last Sold August 29, 2022

Last sale price $299,900 $226 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,893/month

46 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Corner Lot
  • Coltrane-Webb Elementary School Rated A-
  • Ranch Style House
  • Walk-In Closet

About This Home

As of August 2022

The charm of yesteryear within 1/2 mile of Downtown Concord all wrapped up in a stunning brand new package. The elevated lot overlooking the neighborhood and alley access driveway give a true sense of days gone by while the quality, light-filled home featuring high end modern finishes, ceiling fans and recessed lighting offers all of the modern conveniences a buyer could ask for. Best of all there's no carpet. The 3 bedroom 2 bath open concept plan with spacious kitchen and great room is perfect for entertaining, and the private primary bedroom with luxurious en suite provides a wonderful space to relax after a long day. Zero down payment is available to qualified buyers with credit scores 700 and over through Kyle Holland at United Community Mortgage.

Last Agent to Sell the Property

Ian Leonard

5 Points Realty License #246292 Listed on: 07/14/2022

Last Buyer's Agent

TJ Blackmon

EXP Realty LLC License #328761

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,112

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Lot Dimensions are 145x75
  • Corner Lot
  • Property is zoned RC, RC

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,328 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

  • Coltrane-Webb Elementary School
  • Concord Middle School
  • Concord High School

Utilities

  • Central Heating
  • Vented Exhaust Fan
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 5620-67-1194-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,112

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 2022
  • Ratio Current Price By Acre: 1199600.00
  • Restrictions: No Representation
  • Doors and Windows: g-Insulated Door(s),Insulated Windows
  • Road Surface Type: Concrete, Gravel
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 225.83
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Tile, Vinyl
  • Interior Amenities: Kitchen Island, Open Floorplan, Pantry, Split Bedroom, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1328
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Back,Front
  • Appliances: Ceiling Fan(s), Dishwasher, Electric Range, Exhaust Fan, Exhaust Hood, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1328
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Concord
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Driveway

Utilities

  • Heating: Central, Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

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

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.25
  • Lot Size Units: Acres
  • Parcel Number: 5620-67-1194-0000
  • Lot Size: 145x75
  • Zoning Description: RC
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 9.61535

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Coltrane-webb
  • High School: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Aug 26, 2022
Sold by
All Goodness Enterprises Llc
Bought by
Perea Taylor Toves and Perea Samuel
Seller's Agent
Ian Leonard
5 Points Realty
Buyer's Agent
TJ Blackmon
EXP Realty LLC
List Price
$315,000
Sold Price
$299,900
Premium/Discount to List
-$15,100
-4.79%
Views
6
Current Estimated Value
$308,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,283
Avg. Annual Appreciation
0.87%
Original Mortgage
$290,903
Outstanding Balance
$277,357
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$30,826

Purchase Details

Closed on
Mar 16, 2022
Sold by
Bardill Mark B
Bought by
All Goodness Enterprises Llc

Purchase Details

Closed on
Aug 1, 1990
Bought by
Wimer Richard J and Wife Jean K
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
Perea Taylor Toves $300,000 Carolina Title Company
All Goodness Enterprises Llc $75,743 Zacchaeus Legal Services
Wimer Richard J $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perea Taylor Toves $290,903
Closed Perea Taylor Toves $8,727
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2022 08/29/22 Sold $299,900 0.0% $226 / Sq Ft
07/20/2022 07/20/22 Price Changed $299,999 -4.8% $226 / Sq Ft
07/14/2022 07/14/22 For Sale $315,000 -- $237 / 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 $3,112 $312,490 $49,000 $263,490
2024 $3,112 $312,490 $49,000 $263,490
2023 $2,252 $184,580 $31,200 $153,380
2022 $381 $31,200 $31,200 $0
2021 $381 $31,200 $31,200 $0
2020 $381 $31,200 $31,200 $0
2019 $291 $16,900 $16,900 $0
2018 $203 $16,900 $16,900 $0
2017 $199 $16,900 $16,900 $0
2016 $118 $16,900 $16,900 $0
2015 $199 $16,900 $16,900 $0
2014 $199 $16,900 $16,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3883550

Canopy MLS (Canopy Realtor® Association)

APN: 5620-67-1194-0000