NOT LISTED FOR SALE

2370 Old Cedarwood Dr NW Concord, NC 28027

Estimated Value: $669,000 - $1,078,496

5 Beds
5.5 Baths
4,741 Sq Ft
$187/Sq Ft Est. Value

Last Sold September 04, 2019

Last sale price $500,000 $105 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $5,322/month

61 Days on Market

Highlights

  • In Ground Pool
  • Traditional Architecture
  • No HOA
  • 4.65 Acre Lot
  • Wood Flooring
  • Cul-De-Sac

About This Home

As of September 2019

Rare find in the city, 4.65 acres with city water & sewer! NO HOA or CCR's! Beautiful open floor plan, Large Rms, Views both sides of house, Completely updated Tile & Hard Wood floors, Granite kitchen, lights, Roof new in 2013. Cherry built in cabinets and book cases, Bonus/Bed room/Full Bath over garage with private entrance and cherry built in cabinets. 20 x 50 in ground pool. New Pool Liner, new pool pump & Converted to “Salt System” in 20184. 4 car garage new doors 2017, whole house back up generator, 50 Amp RV Hook-Up
ADDITION of 1 Bedroom & 2 Full Baths in 2013, Now 4 Bedrooms have private Full Baths

Last Agent to Sell the Property

Steven Russell

Carolina Property Sales Brokerage Email: srussell@phreego.com License #188377 Listed on: 05/23/2019

Last Buyer's Agent

Renda Powell

CARTER GROUP REALTORS® License #146402

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,318

Year Built

  • Built in 1990

Lot Details

  • 4.65 Acre Lot
  • Lot Dimensions are 209.68 x 501.31 x 501.86 x 384.72
  • Cul-De-Sac
  • Fenced
  • Property is zoned RM-2

Parking

  • 3 Car Attached Garage
  • Basement Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Window Screens
  • Great Room with Fireplace
  • Walk-In Attic

Kitchen

  • Self-Cleaning Convection Oven
  • Electric Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Power Generator
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Quail Hollow Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4599-98-1461-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,318

Year Built

Built in 1990

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1990
  • Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 105.46
  • Attribution Contact: srussell@phreego.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Attic Walk In
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 4229
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 2118
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 1232
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 3350
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 512
  • Appliances: Convection Oven, Dishwasher, Disposal, Electric Cooktop, Electric Water Heater, Microwave, Oven, Plumbed For Ice Maker, Self Cleaning Oven
  • Other Equipment: Generator
  • Above Grade Finished Sq Ft: 4741
  • Has Basement: Basement
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Screen Door(s)
  • Fireplace Features: Gas Log, Great Room
  • Living Area: 4741
  • Window Features: Insulated Window(s)
  • Bedroom Main: 4
  • Bedroom Basement: 0

Exterior Features

  • Exterior Features: In Ground Pool
  • New Construction: No
  • Construction Type: Site Built
  • Fencing: Fenced
  • Construction Type: Brick Full
  • Patio And Porch Features: Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Attached Garage, Garage Door Opener

Utilities

  • Heating: Central, Electric, Forced Air, Zoned
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Main Level
  • Cooling: Ceiling Fan(s), Zoned
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Association Name: None
  • Association: No

Schools

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

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Units: Acres
  • Parcel Number: 4599-98-1461-0000
  • Development Status: Completed
  • Lot Size Acres: 4.65
  • Lot Size: 209.68 x 501.31 x 501.86 x 384.72
  • Lot Size Sq Ft: 202554
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RM-2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2019
Closed on
Aug 23, 2019
Sold by
Russell Steven M and Russell Bertilda
Bought by
Lambert Robert Aaron and Lambert Elyse A
Seller's Agent
Steven Russell
Carolina Property Sales
Buyer's Agent
Renda Powell
CARTER GROUP REALTORS®
List Price
$690,000
Sold Price
$500,000
Premium/Discount to List
-$190,000
-27.54%
Current Estimated Value
$884,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,374
Avg. Annual Appreciation
9.72%
Original Mortgage
$500,000
Outstanding Balance
$437,908
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$446,466

Purchase Details

Closed on
Nov 29, 2012
Sold by
Russell Robert A and Russell Laura S
Bought by
Russell Steven M and Russell Bertilda

Purchase Details

Closed on
Jan 9, 2006
Sold by
Penninger J Norman and Penninger Peggy E
Bought by
Russell Robert A and Russell Laura S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,400
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1996
Bought by
Penninger J Norman

Purchase Details

Closed on
Mar 1, 1989
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
Lambert Robert Aaron $575,000 None Available
Russell Steven M -- None Available
Russell Robert A $518,000 None Available
Penninger J Norman $353,000 --
-- $28,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambert Robert Aaron $500,000
Previous Owner Russell Robert A $414,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2019 09/04/19 Sold $500,000 -23.1% $105 / Sq Ft
07/23/2019 07/23/19 Pending -- -- --
07/02/2019 07/02/19 Price Changed $649,995 -3.7% $137 / Sq Ft
05/24/2019 05/24/19 Price Changed $675,000 -2.2% $142 / Sq Ft
05/23/2019 05/23/19 For Sale $690,000 -- $146 / 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 $8,318 $835,180 $202,550 $632,630
2024 $8,318 $835,180 $202,550 $632,630
2023 $6,882 $564,130 $157,540 $406,590
2022 $6,882 $564,130 $157,540 $406,590
2021 $6,882 $564,130 $157,540 $406,590
2020 $7,882 $646,100 $157,540 $488,560
2019 $7,021 $575,520 $135,040 $440,480
2018 $6,906 $575,520 $135,040 $440,480
2017 $6,791 $575,520 $135,040 $440,480
2016 $4,029 $567,880 $135,040 $432,840
2015 -- $567,880 $135,040 $432,840
2014 -- $567,880 $135,040 $432,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3510742

Canopy MLS (Canopy Realtor® Association)

APN: 4599-98-1461-0000