NOT LISTED FOR SALE

228 Simpson Dr NE Concord, NC 28025

Estimated Value: $518,000 - $579,997

6 Beds
3 Baths
3,148 Sq Ft
$176/Sq Ft Est. Value

Last Sold March 02, 2012

Last sale price $54,000 $17 Per Sq Ft

Est. 926% increase in value since last sale

Current estimated payment $3,432/month

20 Days on Market

Highlights

  • Traditional Architecture
  • Double Pane Windows
  • Forced Air Heating System
  • Attic
  • Open Patio
  • Hot Water Heating System

About This Home

As of March 2012

MUST 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 Agent to Sell the Property

Peggy Palms

Mountain Realty Listed on: 02/11/2012

Last Buyer's Agent

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,200

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 3148.0
  • Architectural Style: Traditional
  • Garage Yn: No
  • Year Built: 1900
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Water Heater
  • Other Equipment: Satellite Dish
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: One, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Attic
  • Living Area: 3148.0
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: Partial
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Wood Siding
  • Exterior Features: Fence, Out Building(s), Gravel Driveway
  • Other Structures: Outbuilding
  • Patio And Porch Features: Open
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage, Private

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Heating: Electric, Forced Air, Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed

Schools

  • Elementary School: Outside of Area

Lot Info

  • Parcel #: 5621718022000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1200.0
  • Tax Book Number: 2009/126

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
Current Estimated Value
$554,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500,249
Avg. Annual Appreciation
18.35%
Original Mortgage
$48,000
Interest Rate
3.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 1, 1997
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
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

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 $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

See All Agents

Map

Source: High Country Association of REALTORS®

MLS Number: 170785

High Country Association of REALTORS®

APN: 5621-71-8022-0000

North Carolina Cabarrus County Concord 28025

228 Simpson Dr NE, Concord, NC

This home is located at 228 Simpson Dr NE, Concord, NC 28025 since 11 February 2012 and is currently estimated at $554,249, approximately $176 per square foot. This property was built in 1900. 228 Simpson Dr NE is a home located in Cabarrus County with nearby schools including W.M. Irvin Elementary School, Concord Middle School, and Concord High School.

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.

High Country Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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