$200,000
SOLD DEC 19, 2024

228 Academy Ave NW Concord, NC 28025

4 Beds
2 Baths
1,592 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$126 Per Sq Ft

20% Below List Price

91 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Home Security System
  • Coltrane-Webb Elementary School Rated A-
  • Screened Porch
  • 4-minute walk to The Village Greenway

About This Home

As of December 2024

Calling all investors! Great opportunity for either a flip or a Buy & Hold. Foundation/crawlspace repair, new flooring, and roof repair/replacement needed. Foundation and roof estimates have been completed and are available for your review. Located only a mile from both Gibson Mill & Downtown Concord, home is close to restaurants, breweries, shopping, downtown events and more. Large, covered front porch. Fenced in, private backyard. Kitchen & both full bathrooms are renovated with white cabinets & granite countertops. This is one of the very few homes in Downtown Concord that has FOUR bedrooms. Open floor plan allows for easy access between kitchen & living room.

Last Agent to Sell the Property

Teresa Clayton

Magnolia Lane Real Estate Grp Brokerage Email: teresa@teamtlc.org License #297273 Listed on: 09/04/2024

Co-Listed By

Austin Locklear

Magnolia Lane Real Estate Grp Brokerage Email: teresa@teamtlc.org License #308332

Last Buyer's Agent

Sonia Saunders

Celia Estrada, REALTORS License #216980

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,687

Year Built

  • Built in 1920

Lot Details

  • Privacy Fence
  • Back Yard Fenced
  • Level Lot
  • Cleared Lot
  • Property is zoned RC

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,592 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Screened Porch
  • Laminate Flooring
  • Crawl Space
  • Home Security System
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Shared Driveway
  • On-Street Parking

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5620-58-2303-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,687

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1920
  • Road Surface Type: Concrete, Gated, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 125.63
  • Geocode Confidence: High
  • Attribution Contact: teresa@teamtlc.org
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Cable Prewire, Open Floorplan
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1592
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater
  • Above Grade Finished Sq Ft: 1592
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1592
  • Bedroom Main: 4
  • Room Count: 9

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced, Privacy
  • Construction Type: Vinyl
  • Patio And Porch Features: Covered, Front Porch, Rear Porch, Screened

Garage/Parking

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

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: In Hall, Laundry Closet
  • Security: Security System
  • Cooling: Central Air, Electric
  • Utilities: Cable Available
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Cleared, Level
  • Lot Size Area: 0.165
  • Lot Size Units: Acres
  • Parcel Number: 5620-58-2303-0000
  • Zoning: RC
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RC

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2024
Closed on
Dec 18, 2024
Sold by
Cumberledge Kevin and Thomas Taylor
Bought by
Vasquez Sanchez Norma and Cardo Quijada Jose
Seller's Agent
Teresa Clayton
Magnolia Lane Real Estate Grp
Buyer's Agent
Sonia Saunders
Celia Estrada, REALTORS
List Price
$250,000
Sold Price
$200,000
Premium/Discount to List
-$50,000
-20%
Views
445
Current Estimated Value
$243,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,109
Avg. Annual Appreciation
28.03%

Purchase Details

Listed on
Sep 24, 2019
Closed on
Dec 16, 2019
Sold by
Mendoza Emilio and Lorenzo Erica Vargas
Bought by
Thomas Taylor and Cumberledge Kevin
Seller's Agent
Kenner Kee
Keller Williams Unlimited
Buyer's Agent
Kayla Simoneaux
Dreamline Realty, LLC
List Price
$185,000
Sold Price
$175,000
Premium/Discount to List
-$10,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.70%
Original Mortgage
$171,830
Interest Rate
3.49%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 2, 2018
Closed on
Apr 8, 2019
Sold by
A J Henry Rentals Inc
Bought by
Mendoza Emilio
Seller's Agent
Lanny Lancaster
The Lancaster Company
Buyer's Agent
Kenner Kee
Keller Williams Unlimited
List Price
$124,900
Sold Price
$84,900
Premium/Discount to List
-$40,000
-32.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
185.27%

Purchase Details

Closed on
Jul 29, 2002
Sold by
David Carter Rentals Inc
Bought by
A J Henry Rentals Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$579,600
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2002
Sold by
Carter David W and Carter Julie F
Bought by
David Carter Rentals Inc

Purchase Details

Closed on
Nov 1, 1994
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 Type Sale Price Title Company
Warranty Deed $200,000 None Listed On Document
Warranty Deed $200,000 None Listed On Document
Warranty Deed $175,000 None Available
Warranty Deed $85,000 None Available
Warranty Deed $580,000 --
Warranty Deed -- --
Warranty Deed $12,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $171,830 FHA
Previous Owner $579,600 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2024 12/19/24 Sold $200,000 0.0% $126 / Sq Ft
12/01/2024 12/01/24 Price Changed $200,000 -20.0% $126 / Sq Ft
09/04/2024 09/04/24 For Sale $250,000 +42.9% $157 / Sq Ft
12/16/2019 12/16/19 Sold $175,000 -4.1% $105 / Sq Ft View Prior Sale
11/08/2019 11/08/19 Pending -- -- --
11/01/2019 11/01/19 Price Changed $182,500 -1.4% $109 / Sq Ft
09/24/2019 09/24/19 For Sale $185,000 +117.9% $111 / Sq Ft
04/08/2019 04/08/19 Sold $84,900 -15.0% $57 / Sq Ft View Prior Sale
03/15/2019 03/15/19 Pending -- -- --
03/01/2019 03/01/19 Price Changed $99,900 -9.1% $67 / Sq Ft
01/07/2019 01/07/19 Price Changed $109,900 -4.4% $74 / Sq Ft
12/05/2018 12/05/18 Price Changed $114,900 -8.0% $77 / Sq Ft
11/02/2018 11/02/18 For Sale $124,900 -- $84 / 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 $2,687 $269,810 $53,000 $216,810
2024 $2,776 $278,730 $53,000 $225,730
2023 $1,963 $168,550 $17,000 $151,550
2022 $1,963 $160,910 $17,000 $143,910
2021 $1,963 $160,910 $17,000 $143,910
2020 $1,963 $160,910 $17,000 $143,910
2019 $898 $73,570 $13,000 $60,570
2018 $883 $73,570 $13,000 $60,570
2017 $868 $73,570 $13,000 $60,570
2016 $515 $77,610 $13,000 $64,610
2015 $916 $77,610 $13,000 $64,610
2014 $916 $77,610 $13,000 $64,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4179981

Canopy MLS (Canopy Realtor® Association)

APN: 5620-58-2303-0000