NOT LISTED FOR SALE

229 Patrick Ave SW Concord, NC 28025

Estimated Value: $391,271 - $424,000

5 Beds
3.5 Baths
2,930 Sq Ft
$141/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $225,000 $77 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,605/month

72 Days on Market

Highlights

  • Transitional Architecture
  • Attached Garage
  • Gas Log Fireplace
  • J.N. Fries Middle School Rated A-
  • Shed

About This Home

As of May 2018

AS YOU STEP INTO THE SOARING 2-STORY FOYER of this 5 BDR (2 MASTERS), 3.5 BATH home, you will be flooded with abundant natural light! You are going to appreciate (& use) all the space in this immaculate one owner home! Potential 2ND LIVING QTRS IN A FULL FINISHED BASEMENT equipped with separate entrance, FULL bath, Fireplace, tile floors and large closets. Fresh Neutral Paint throughout & New Laminate wood flooring on main floor ready to match your décor. Kitchen and bar overlook to the great room. Imagine a peaceful start or end to your day through the French Doors to a deck or patio overlooking natural wooded area filled with soft sounds of the songbirds. Centrally located in an established neighborhood with little turnover. No HOA Fees (CCR's apply) Great Location to UNCC/Hwy 49/I-85 & 485; Better CALL TODAY for a private showing before it is too late!

Last Agent to Sell the Property

Bette Dixon

Red Door Realty & Associates License #212028 Listed on: 01/05/2018

Last Buyer's Agent

Liz Hallman

Lantern Realty & Development, LLC License #281082

Lantern Realty & Development, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 0.28

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Vinyl Siding

Interior Spaces

  • Gas Log Fireplace

Additional Features

  • Shed
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 5528-86-5068-0000

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.97826
  • Ratio Close Price By Original Li: 0.89641
  • Ratio Current Price By Acre: 803571.43
  • Ratio Current Price By Sq Ft: 76.79
  • Year Built: 1998
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Outside Entrance
  • Upper Level Sq Ft: 926
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Refrigerator, Security System, Electric Oven
  • Fireplace Description: FAMILYRM, Gas Logs
  • Fireplace: Yes
  • Laundry Location: Main, Closet
  • Room Count: 3
  • Second Living Quarters: Separate Living Quarters, Separate Entrance
  • Second Living Quarters Hla: 1002
  • Sq Ft Basement: 1002
  • Main Level Sq Ft: 1002
  • Total Sq Ft: 2930

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Rocky River
  • Middle School: C.C. Griffin
  • High School: Central Cabarrus

Lot Info

  • Lot Dimension: 174 X 75 X 165 X 75
  • Lot Size Area: 0.280
  • Parcel Number: 5528-86-5068-0000
  • Zoning: Residential
  • Zoning Specification: RM-2

Tax Info

  • Tax Value: 187830.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2018
Closed on
May 1, 2018
Sold by
Borjas Jacob and Borjas Marlen I
Bought by
Combs Brett and Combs Tina
Seller's Agent
Bette Dixon
Red Door Realty & Associates
Buyer's Agent
Liz Hallman
Lantern Realty & Development, LLC
List Price
$251,000
Sold Price
$225,000
Premium/Discount to List
-$26,000
-10.36%
Current Estimated Value
$412,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,068
Avg. Annual Appreciation
8.53%
Original Mortgage
$220,924
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 15, 1999
Sold by
Cherry Homes Inc
Bought by
Borjas Jacobo and Borjas Marlen I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,900
Interest Rate
7.91%
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
Combs Brett $225,000 None Availablei
Borjas Jacobo $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Combs Brett $220,543
Closed Combs Brett $220,924
Previous Owner Borjas Jacobo $150,500
Previous Owner Borjas Jacobo $45,000
Previous Owner Borjas Jacobo $154,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2018 05/04/18 Sold $225,000 -10.4% $77 / Sq Ft
03/18/2018 03/18/18 Pending -- -- --
01/05/2018 01/05/18 For Sale $251,000 -- $86 / 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 $3,950 $396,570 $80,000 $316,570
2023 $2,849 $233,520 $41,000 $192,520
2022 $2,849 $233,520 $41,000 $192,520
2021 $2,849 $233,520 $41,000 $192,520
2020 $2,849 $233,520 $41,000 $192,520
2019 $2,347 $192,370 $25,000 $167,370
2018 $2,254 $187,830 $25,000 $162,830
2017 $2,216 $187,830 $25,000 $162,830
2016 $1,315 $182,180 $25,000 $157,180
2015 -- $182,180 $25,000 $157,180
2014 -- $182,180 $25,000 $157,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3349400

Canopy MLS (Canopy Realtor® Association)

APN: 5528-86-5068-0000