NOT LISTED FOR SALE

242 Davidson Hwy Concord, NC 28027

Estimated Value: $174,000 - $203,000

2 Beds
1 Bath
744 Sq Ft
$262/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $133,000 $179 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,196/month

23 Days on Market

Highlights

  • Private Lot
  • Ranch Style House
  • Shed

About This Home

As of August 2020

This is a rare find!!! Perfect for first time home buyers on a private .51+/- acre lot away from road. Interior has been redone down to the wall studs per the owner. Like new construction on the interior. Other upgrades include all stainless appliances (not new). Full side by side washer and dryer laundry area. Huge newly constructed rear deck off dining area and kitchen to allow for entertaining guests. Per the owner, New roof/gutters, New windows, New well pump, new front porch, New stove / dishwasher / microwave, updated plumbing. Enter from roadway and enjoy a nice long driveway back to the privacy of your own home with large parking area. Make an appointment today. In this price range won't likely last long. 45' R/W gravel shared drive.

Last Agent to Sell the Property

John Rhodes

Rhodes Realty of Lake Norman License #184535 Listed on: 06/26/2020

Last Buyer's Agent

Celia Leland

Celia Estrada, REALTORS License #188559

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 0.5

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House

Additional Features

  • 1 Full Bathroom
  • Crawl Space
  • Shed
  • Private Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 5611-86-0156-0000

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.83177
  • Ratio Close Price By Original Li: 0.83177
  • Ratio Current Price By Acre: 266000.00
  • Ratio Current Price By Sq Ft: 178.76
  • Year Built: 1977
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Dishwasher
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 744
  • Total Sq Ft: 744

Exterior Features

  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 150x150
  • Lot Features: Private
  • Lot Size Area: 0.500
  • Parcel Number: 5611-86-0156-0000
  • Zoning Specification: RC

Tax Info

  • Tax Value: 58200.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Aug 21, 2020
Sold by
Hogan James Robert and Campise Kyung Hui
Bought by
Ponce Jara Marco A
Seller's Agent
John Rhodes
Rhodes Realty of Lake Norman
Buyer's Agent
Celia Leland
Celia Estrada, REALTORS
List Price
$159,900
Sold Price
$133,000
Premium/Discount to List
-$26,900
-16.82%
Current Estimated Value
$195,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,102
Avg. Annual Appreciation
7.74%
Original Mortgage
$124,160
Outstanding Balance
$110,139
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$84,963

Purchase Details

Closed on
May 14, 2020
Sold by
Hogan James Robert and Campise Kyung Hui
Bought by
Hogan James Robert and Manore Jeffrey Joseph

Purchase Details

Closed on
Mar 24, 2020
Sold by
Nationstar Mortgage Llc
Bought by
Hogan James Robert

Purchase Details

Closed on
Jan 27, 2020
Sold by
Oldham Lecharles and Oldham Teresa
Bought by
Nationstar Mortgage Llc and Mr Cooper

Purchase Details

Closed on
Feb 11, 2016
Sold by
Hyc Charleston Llc
Bought by
Oldham Lecharles and Oldham Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,840
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 2014
Sold by
Nationstar Mortgage Llc
Bought by
Hyc Charleston Llc

Purchase Details

Closed on
Mar 1, 2014
Sold by
Steele Rita
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Nov 13, 1998
Sold by
Steele Johnnie and Steele Luvada B
Bought by
Steele Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,600
Interest Rate
12.25%
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
Ponce Jara Marco A $133,000 None Available
Hogan James Robert -- None Available
Hogan James Robert $30,000 None Available
Nationstar Mortgage Llc $49,400 None Available
Oldham Lecharles $64,000 None Available
Hyc Charleston Llc $16,500 None Available
Nationstar Mortgage Llc $87,000 --
Steele Rita -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ponce Jara Marco A $124,160
Previous Owner Oldham Lecharles $62,840
Previous Owner Steele Rita $32,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2020 08/21/20 Sold $133,000 -16.8% $179 / Sq Ft
07/19/2020 07/19/20 Pending -- -- --
07/18/2020 07/18/20 For Sale $159,900 0.0% $215 / Sq Ft
06/28/2020 06/28/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $159,900 -- $215 / 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 $1,898 $190,590 $37,900 $152,690
2024 $1,898 $190,590 $37,900 $152,690
2023 $1,322 $108,350 $25,770 $82,580
2022 $1,322 $108,350 $25,770 $82,580
2021 $1,322 $108,350 $25,770 $82,580
2020 $791 $64,800 $25,770 $39,030
2019 $710 $58,200 $25,770 $32,430
2018 $698 $58,200 $25,770 $32,430
2017 $687 $58,200 $25,770 $32,430
2016 $407 $60,930 $25,770 $35,160
2015 $719 $60,930 $25,770 $35,160
2014 $719 $60,930 $25,770 $35,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3635278

Canopy MLS (Canopy Realtor® Association)

APN: 5611-86-0156-0000