NOT LISTED FOR SALE

24 Cabarrus Ave E Unit 1600 Concord, NC 28025

Downtown Concord Neighborhood

Estimated Value: $447,022

-- Bed
0.5 Bath
850 Sq Ft
$526/Sq Ft Est. Value

About This Home

As of September 2022

Office space in Downtown Concord! Minutes from Courthouse, Government Buildings, restaurants and shopping. Office space available from 120sf - 730sf on 1st or 2nd floors. Great space and location. Please note, renters insurance is required.

Last Agent to Rent the Property

Thomas Lawing

T. R. Lawing Realty, Inc. License #16476 Listed on: 06/28/2022

Last Renter's Agent

Thomas Lawing

T. R. Lawing Realty, Inc. License #16476 Listed on: 06/28/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,181

Year Built

  • Built in 1910

Lot Details

  • 4,356

Home Design

Additional Features

  • 0.5 Bathroom
  • Zoning described as CC
  • Central Heating

Community Details

  • Downtown Subdivision

Listing and Financial Details

  • Security Deposit $500
  • Property Available on 6/28/22
  • Tenant pays for cable TV, parking fee
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 5620-98-0284-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,181

Year Built

Built in 1910

Lot Details

0

Rental Info

  • Tenant Pays: Cable TV, Parking Fee
  • Furnished: Unfurnished
  • Pets Allowed: No
  • Deposit Security: 500
  • Smoking Allowed Yn: 0
  • Lease Term: 12 Months
  • Available Date: 2022-06-28

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Rental
  • Year Built: 1910
  • Ratio Current Price By Acre: 5000.00
  • Unit Floor Level: 2
  • Structure Type: Commercial
  • ResoPropertyType: ResidentialLease
  • Special Features: None

Interior Features

  • Interior Amenities: None
  • Main Level Sq Ft: 120
  • Sq Ft Upper: 730
  • Above Grade Finished Sq Ft: 850
  • Half Bathrooms: 1
  • Living Area: 850

Exterior Features

  • Exterior Features: Other

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: None

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Area: 0.1
  • Lot Size Units: Acres
  • Parcel Number: 5620-98-0284-0000
  • Zoning Description: CC
  • ResoLotSizeUnits: Acres

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2017
Sold by
8 Church Street Llc
Bought by
Cabarrus Avenue Partners Llc
Current Estimated Value
$447,022

Purchase Details

Closed on
Jul 15, 2009
Sold by
Huss Business Investments Inc
Bought by
8 Church Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,600
Interest Rate
5.27%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 27, 2007
Sold by
Kannapolis General Insurance Agency Inc
Bought by
Huss Business Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,380
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 20, 2002
Sold by
Union Street Square Llc
Bought by
Kannapolis General Insurance Agency Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
5.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 17, 2000
Sold by
Union Street Square Llc
Bought by
Aldridge Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 20, 2000
Sold by
Grant Wesley B
Bought by
Union Street Square Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 23, 1998
Sold by
Hollingsworth Adele L
Bought by
The Adele L Hollingsworth Revocable Trus and Hollingsworth Adele L
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
Cabarrus Avenue Partners Llc $257,000 None Available
8 Church Street Llc $155,000 None Available
Huss Business Investments Inc -- None Available
Kannapolis General Insurance Agency Inc $255,000 --
Union Street Square Llc $115,000 --
Aldridge Thomas A $150,000 --
Union Street Square Llc $135,000 --
The Adele L Hollingsworth Revocable Trus -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 8 Church Street Llc $153,600
Previous Owner Huss Business Investments Inc $560,380
Previous Owner Kannapolis General Insurance Agency Inc $220,736
Previous Owner Union Street Square Llc $178,500
Previous Owner Aldridge Thomas A $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2022 09/22/22 Rented $500 0.0% --
06/28/2022 06/28/22 For Rent $500 -- --
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 $3,181 $275,180 $70,130 $205,050
2023 $4,232 $291,860 $45,740 $246,120
2022 $4,232 $291,860 $45,740 $246,120
2021 $4,232 $291,860 $45,740 $246,120
2020 $4,232 $291,860 $45,740 $246,120
2019 $3,211 $221,470 $41,510 $179,960
2018 $3,167 $221,470 $41,510 $179,960
2017 $3,123 $221,470 $41,510 $179,960
2016 $1,550 $197,750 $41,510 $156,240
2015 -- $197,750 $41,510 $156,240
2014 -- $197,750 $41,510 $156,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3878111

Canopy MLS (Canopy Realtor® Association)

APN: 5620-98-0284-0000