$40,000
SOLD AUG 8, 2022

240 Broad Dr SW Concord, NC 28025

0.1 Acre
$400,000 Price per Acre
4,356 Sq Ft Lot

Recently Sold

23% Above List Price

105 Days on Market

About This Lot

As of June 2023

Lot available in thriving downtown concord. Be a part of the revitalization that is going on in this area.

Last Agent to Sell the Property

Kay Morrison

Morrison Group LLC Brokerage Email: kaymorrison@kw.com License #252663 Listed on: 11/03/2021

Morrison Group LLC

Last Buyer's Agent

Kimberly Christenbury

Ivy and Trellis LLC License #265166

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,953

Lot Details

  • 4,356 Sq Ft Lot
  • Possible uses of the property include Residential
  • Property is zoned RC

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5630-05-1422-0000

Property Details

Property Type

Land

Est. Annual Taxes

$2,953

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: No Representation,No Restrictions
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Attribution Contact: kaymorrison@kw.com
  • Special Features: None

Interior Features

  • Foundation Details: None
  • Possible Use: Residential
  • Room Count: 0

Exterior Features

  • Waterfront Features: None
  • Other Structures: None

Utilities

  • Sewer: Public Sewer
  • Utilities: None
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association: No

Schools

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

Lot Info

  • Lot Size Area: 0.1
  • Lot Size Units: Acres
  • Parcel Number: 5630-05-1422-0000
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RC

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2023
Closed on
Jun 26, 2023
Sold by
Christenbury Real Estate Llc
Bought by
Hines Devony Audriana and Hines Matthew Jermaine
Seller's Agent
Kimberly Christenbury
Ivy and Trellis LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$325,000
Sold Price
$302,000
Premium/Discount to List
-$23,000
-7.08%
Views
98
Current Estimated Value
$322,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,245
Avg. Annual Appreciation
1.80%
Original Mortgage
$304,000
Outstanding Balance
$295,803
Interest Rate
5.4%
Mortgage Type
New Conventional
Estimated Equity
$18,507

Purchase Details

Listed on
Nov 3, 2021
Closed on
Aug 30, 2022
Sold by
Cre Retirement Trust and Christenbury Kimberly
Bought by
Christenbury Real Estate Llc
Seller's Agent
Kay Morrison
Morrison Group LLC
Buyer's Agent
Kimberly Christenbury
Ivy and Trellis LLC
List Price
$32,500
Sold Price
$40,000
Premium/Discount to List
$7,500
23.08%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
894.64%
Original Mortgage
$195,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 3, 2021
Closed on
Aug 5, 2022
Sold by
Linda White
Bought by
Cre Retirement Trust
Seller's Agent
Kay Morrison
Morrison Group LLC
Buyer's Agent
Kimberly Christenbury
Ivy and Trellis LLC
List Price
$32,500
Sold Price
$40,000
Premium/Discount to List
$7,500
23.08%
Views
1
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 Type Sale Price Title Company
Warranty Deed $302,000 None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $40,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $304,000 New Conventional
Previous Owner $195,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2023 06/26/23 Sold $302,000 -1.0% $189 / Sq Ft
05/08/2023 05/08/23 Price Changed $305,000 -6.2% $191 / Sq Ft
04/25/2023 04/25/23 For Sale $325,000 +712.5% $204 / Sq Ft
08/08/2022 08/08/22 Sold $40,000 +23.1% --
11/03/2021 11/03/21 For Sale $32,500 -- --
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 $2,953 $296,440 $50,000 $246,440
2023 $638 $52,290 $10,000 $42,290
2022 $0 $10,000 $10,000 $0
2021 $122 $10,000 $10,000 $0
2020 $122 $10,000 $10,000 $0
2019 $122 $10,000 $10,000 $0
2018 $120 $10,000 $10,000 $0
2017 $118 $10,000 $10,000 $0
2016 $70 $10,000 $10,000 $0
2015 $118 $10,000 $10,000 $0
2014 $118 $10,000 $10,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3802801

Canopy MLS (Canopy Realtor® Association)

APN: 5630-05-1422-0000