228 Simpson Dr NE Concord, NC 28025
Estimated Value: $502,000 - $629,000
6
Beds
3
Baths
3,148
Sq Ft
$179/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Double Pane Windows
- Forced Air Heating System
- Attic
- Open Patio
- Hot Water Heating System
About This Home
As of March 2012MUST SELL FAST! MAKE OFFER! INVESTOR DEAL IN DOWNTOWN CONCORD! Incredible fixer upper potential in this classic 4 bedroom/3 bath home in nice downtown neighborhood, walk to historic district. Sunroom, fireplace, newer windows, double corner lot with storage shed and children's playhouse. Less than half of $110,820 tax appraisal! Structurally sound and well built, just needs TLC to make a huge family home, cash flowing rental or rehab project. Licensed contractor bid of $38,000 for full rehab including new plumbing, electric, HVAC, repairs, paint, flooring, etc. Seller financing possibile.
Last Listed By
Peggy Palms
Mountain Realty Listed on: 02/11/2012
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,200
Year Built
- Built in 1900
Lot Details
- 0.34 Acre Lot
- Partially Fenced Property
Home Design
- Traditional Architecture
- Shingle Roof
- Asphalt Roof
- Wood Siding
- Vinyl Siding
Interior Spaces
- 3,148 Sq Ft Home
- Wood Burning Fireplace
- Double Pane Windows
- Crawl Space
- Dishwasher
- Washer and Dryer Hookup
- Attic
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Parking
- No Garage
- Private Parking
- Gravel Driveway
Outdoor Features
- Open Patio
- Outbuilding
Schools
- Outside Of Area Elementary School
Utilities
- Forced Air Heating System
- Hot Water Heating System
- Electric Water Heater
- Satellite Dish
Listing and Financial Details
- Short Term Rentals Allowed
- Assessor Parcel Number 5621718022000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 11, 2012
Closed on
Mar 2, 2012
Sold by
Lotus Ventures Llc
Bought by
Thompson Kevin Wayne and Thompson Cindy Anne
Seller's Agent
Peggy Palms
Mountain Realty
Buyer's Agent
Peggy Palms
Mountain Realty
List Price
$54,000
Sold Price
$54,000
Total Days on Market
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$508,747
Original Mortgage
$48,000
Interest Rate
3.89%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Oct 1, 1997
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Similar Homes in Concord, NC
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Thompson Kevin Wayne | $54,000 | None Available | |
| Lotus Ventures Llc | $15,000 | None Available | |
| -- | $67,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Lotus Ventures Llc | $48,000 | |
| Previous Owner | Bensler Richard A | $73,500 | |
| Previous Owner | Bensler Richard A | $62,700 | |
| Previous Owner | Bensler Richard A | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/02/2012 03/02/12 | Sold | $54,000 | 0.0% | $17 / Sq Ft |
| 02/11/2012 02/11/12 | For Sale | $54,000 | -- | $17 / Sq Ft |
Source: High Country Association of REALTORS®
Tax History Compared to Growth
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 | $4,940 | $495,940 | $57,200 | $438,740 |
| 2023 | $4,325 | $354,490 | $24,200 | $330,290 |
| 2022 | $4,325 | $354,490 | $24,200 | $330,290 |
| 2021 | $4,325 | $354,490 | $24,200 | $330,290 |
| 2020 | $4,325 | $354,490 | $24,200 | $330,290 |
| 2019 | $3,648 | $299,030 | $13,200 | $285,830 |
| 2018 | $3,588 | $299,030 | $13,200 | $285,830 |
| 2017 | $3,529 | $299,030 | $13,200 | $285,830 |
| 2016 | -- | $95,440 | $17,600 | $77,840 |
| 2015 | $1,126 | $95,440 | $17,600 | $77,840 |
| 2014 | $1,126 | $95,440 | $17,600 | $77,840 |
Source: Public Records
Agents Affiliated with this Home
-
P
Seller's Agent in 2012
Peggy Palms
Mountain Realty
Map
Source: High Country Association of REALTORS®
MLS Number: 170785
APN: 5621-71-8022-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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