NOT LISTED FOR SALE

2541 Nc Hwy 73 E Concord, NC 28025

Estimated Value: $305,000 - $327,569

3 Beds
1 Bath
1,485 Sq Ft
$214/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $280,000 $189 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,828/month

22 Days on Market

Highlights

  • Water Views
  • Arts and Crafts Architecture
  • Covered Patio or Porch
  • Wooded Lot
  • Wood Flooring
  • French Doors

About This Home

As of June 2023

Move-in ready lovely arts and crafts bungalow. Hardwood floors, granite countertops with island, backsplash, washer, dryer and refrigerator included. Walk-in pantry, newer light fixtures and ceiling fans. Perfect for first-time homebuyers on beautiful one acre lot in convenient location with water view from the backyard. Enjoy timeless features with front porch, pecan trees, and french doors. Neutral paint throughout with new roof in 2019 and new windows in 2020. Home was built in 1936; therefore, it is being sold AS IS no repairs. Many items are original to the home and preservation was preferred. Original glass doorknobs, metal doorknobs, hardwood floors and french doors are note worthy.

Last Agent to Sell the Property

Bonnie McDonald

Bonnie S. McDonald Real Estate License #304546 Listed on: 05/12/2023

Last Buyer's Agent

Victoria Rhodes Singleton

EXP Realty LLC License #314292

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,833

Year Built

  • Built in 1936

Lot Details

  • Lot Dimensions are 105' x 453'
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned AO

Parking

  • Driveway

Home Design

  • Arts and Crafts Architecture
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Insulated Windows
  • French Doors
  • Living Room with Fireplace
  • Water Views
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

  • W.M. Irvin Elementary School
  • Mount Pleasant Middle School
  • Mount Pleasant High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5640-39-0717-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,833

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts
  • Year Built: 1936
  • Restrictions: No Representation
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 188.55
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1485
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 501
  • Sq Ft Unheated Total: 501
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1485
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 1485
  • Window Features: Insulated Window(s)
  • Bedroom Main: 3
  • Room Count: 7

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Water
  • Exclusions: Front porch swing
  • Construction Type: Brick Full
  • Patio And Porch Features: Covered, Front Porch, Porch, Rear Porch, Side Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Mud Room
  • Cooling: Heat Pump
  • Utilities: Cable Connected, Electricity Connected
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: Mount Pleasant
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Open Lot, Wooded, Views
  • Lot Size Area: 1.1
  • Lot Size Units: Acres
  • Parcel Number: 5640-39-0717-0000
  • Lot Size: 105' x 453'
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AO

MLS Schools

  • Elementary School: W.M. Irvin
  • High School: Mount Pleasant

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Jun 29, 2023
Sold by
Gainey Travis W and Gainey Alexis E
Bought by
Klos Ginarnarie Eileen
Seller's Agent
Bonnie McDonald
Bonnie S. McDonald Real Estate
Buyer's Agent
Victoria Rhodes Singleton
EXP Realty LLC
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%
Views
111
Current Estimated Value
$315,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,907
Avg. Annual Appreciation
5.69%
Original Mortgage
$271,600
Outstanding Balance
$264,625
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$52,517

Purchase Details

Listed on
Apr 2, 2019
Closed on
Jul 25, 2019
Sold by
Robinson Trinity
Bought by
Gainey Travis W
Seller's Agent
Sandra Johnson
Angela Craghead Realty Group LLC
Buyer's Agent
Kellie Fischer
Main Realty LLC
List Price
$197,000
Sold Price
$160,000
Premium/Discount to List
-$37,000
-18.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.30%
Original Mortgage
$128,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2017
Sold by
Materni Dinah M and Schmidlin Denise C
Bought by
Robinson Trinty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,935
Interest Rate
4.13%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 2012
Sold by
Materni Dinah M
Bought by
Materni Dinah M and Schmidlin Denise K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2010
Sold by
Cs Cooke Llc
Bought by
Materni Dinah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.97%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 25, 2002
Sold by
Medlin Cecil R and Patrus Elizabeth
Bought by
Cs Cooke Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,250
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 1998
Sold by
Medlin Elizabeth M
Bought by
Medlin Cecil R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,100
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1995
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
Klos Ginarnarie Eileen $280,000 None Listed On Document
Klos Ginarnarie Eileen $280,000 None Listed On Document
Gainey Travis W $160,000 None Available
Robinson Trinty $100,000 None Available
Materni Dinah M -- None Available
Materni Dinah M $120,000 None Available
Cooke Charles S -- None Available
Cs Cooke Llc $120,000 --
Medlin Cecil R -- --
-- $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klos Ginarnarie Eileen $271,600
Closed Klos Ginarnarie Eileen $271,600
Previous Owner Gainey Travis W $128,000
Previous Owner Robinson Trinty $114,935
Previous Owner Materni Dinah M $82,500
Previous Owner Cooke Charles S $80,000
Previous Owner Cs Cooke Llc $84,250
Previous Owner Medlin Cecil R $60,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2023 06/29/23 Sold $280,000 +1.8% $189 / Sq Ft
05/12/2023 05/12/23 For Sale $275,000 +71.9% $185 / Sq Ft
07/25/2019 07/25/19 Sold $160,000 -9.6% $111 / Sq Ft
06/21/2019 06/21/19 Pending -- -- --
06/11/2019 06/11/19 Price Changed $177,000 -10.2% $123 / Sq Ft
04/02/2019 04/02/19 For Sale $197,000 -- $137 / 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 $1,833 $279,420 $58,330 $221,090
2024 $1,833 $279,420 $58,330 $221,090
2023 $1,281 $156,240 $39,910 $116,330
2022 $1,281 $156,240 $39,910 $116,330
2021 $1,281 $156,240 $39,910 $116,330
2020 $1,250 $156,240 $39,910 $116,330
2019 $1,016 $127,040 $33,770 $93,270
2018 $991 $127,040 $33,770 $93,270
2017 $966 $133,160 $33,830 $99,330
2016 $1,012 $127,110 $33,830 $93,280
2015 $966 $127,110 $33,830 $93,280
2014 $966 $127,110 $33,830 $93,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4028433

Canopy MLS (Canopy Realtor® Association)

APN: 5640-39-0717-0000