NOT LISTED FOR SALE

249 Salem St SW Concord, NC 28025

Estimated Value: $166,000 - $225,000

3 Beds
1 Bath
900 Sq Ft
$226/Sq Ft Est. Value

Last Sold July 19, 2019

Last sale price $103,000 $114 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,301/month

63 Days on Market

Highlights

  • Open Floorplan
  • Tile Flooring
  • Open Lot
  • Shed

About This Home

As of July 2019

This is a beautiful one story home in Historic Downtown Concord. The home is close proximity to restaurants, shopping, and entertainment. Lots of updates to include new roof, flooring, HVAC and appliances. The bath has been updated and the kitchen has tons of storage space with updated cabinets, and refrigerator. Bathroom features tiled shower walls and flooring. Large back yard with ample storage and plenty of space for parking. This is a great opportunity for a home owner or and investor

Last Agent to Sell the Property

Kedian Taborn

Equity South Charlotte Real Estate License #292243 Listed on: 04/18/2019

Last Buyer's Agent

Darlene Teeter

Lake Norman Realty, Inc. License #82193

Lake Norman Realty, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 3,920

Parking

  • Gravel Driveway

Interior Spaces

  • 1 Full Bathroom
  • Open Floorplan
  • Crawl Space
  • Pull Down Stairs to Attic

Flooring

  • Tile
  • Vinyl Plank

Additional Features

  • Shed
  • Open Lot

Listing and Financial Details

  • Assessor Parcel Number 5620-93-1912-0000

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.93722
  • Ratio Close Price By Original Li: 0.93722
  • Ratio Current Price By Acre: 1144444.44
  • Ratio Current Price By Sq Ft: 114.44
  • Year Built: 1961
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Brick, Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: Electric Range, Refrigerator, Electric Oven
  • Flooring: Tile, Vinyl Plank
  • Interior Amenities: Attic Stairs Pulldown, Open Floorplan
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 900
  • Total Sq Ft: 900

Exterior Features

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

Garage/Parking

  • Driveway: Concrete, Gravel
  • Parking: Driveway

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Features: Open Lot
  • Lot Size Area: 0.090
  • Parcel Number: 5620-93-1912-0000
  • Zoning Specification: RC

Tax Info

  • Tax Value: 39230.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2019
Closed on
Jul 18, 2019
Sold by
King City Investments Llc
Bought by
Sudol Joanne
Seller's Agent
Kedian Taborn
Equity South Charlotte Real Estate
Buyer's Agent
Darlene Teeter
Lake Norman Realty, Inc.
List Price
$109,900
Sold Price
$103,000
Premium/Discount to List
-$6,900
-6.28%
Total Days on Market
63
Current Estimated Value
$203,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,722
Avg. Annual Appreciation
11.63%
Original Mortgage
$101,134
Outstanding Balance
$91,228
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$105,665

Purchase Details

Closed on
Jun 15, 2018
Sold by
Elliott John Hubert and Elliott Rebecca
Bought by
King City Investments Llc

Purchase Details

Closed on
Apr 22, 2018
Sold by
Evans Eva Mae
Bought by
Elliott Rebecca
Source: Public Records

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Range of Values:

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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
Sudol Joanne $103,000 Southern Homes Title Co Inc
King City Investments Llc $32,000 None Available
Elliott Rebecca -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downey Joanne $14,915
Open Sudol Joanne $101,134
Previous Owner Evans William $11,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2019 07/19/19 Sold $103,000 -6.3% $114 / Sq Ft
06/20/2019 06/20/19 Pending -- -- --
06/18/2019 06/18/19 For Sale $109,900 0.0% $122 / Sq Ft
04/19/2019 04/19/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $109,900 -- $122 / 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 $1,901 $190,880 $35,200 $155,680
2023 $1,224 $100,360 $7,200 $93,160
2022 $1,224 $100,360 $7,200 $93,160
2021 $1,224 $100,360 $7,200 $93,160
2020 $1,224 $100,360 $7,200 $93,160
2019 $479 $39,230 $5,200 $34,030
2018 $471 $39,230 $5,200 $34,030
2017 $463 $39,230 $5,200 $34,030
2016 $275 $39,700 $5,200 $34,500
2015 $468 $39,700 $5,200 $34,500
2014 $468 $39,700 $5,200 $34,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3497643

Canopy MLS (Canopy Realtor® Association)

APN: 5620-93-1912-0000