NOT LISTED FOR SALE

255 Elm Ave NW Concord, NC 28025

Estimated Value: $151,000 - $233,000

0.17 Acre
$1,052,941 Price per Acre
7,405 Sq Ft Lot

Last Sold December 12, 2014

Last sale price $6,500 $3 Per Sq Ft

Est. 2,654% increase in value since last sale

Current estimated payment $967/month

63 Days on Market

About This Lot

As of December 2014

This building lot is ready for the next home to be built. The property is flat and graded. There used to be home on this lot, but it was removed. The homes around this lot are all nice size home and almost any size home would fit right in to the area. Property is close to schools, shopping, hospital and downtown. The lot is close to the Boys Club and the Concord Rec. Center. This is a FANNIE MAE HOMEPATH PROPERTY!!

Last Agent to Sell the Property

Andrew Ferraro

Tucker Real Estate Group Inc License #168332 Listed on: 09/22/2014

Last Buyer's Agent

Mark Hermans

New Branch Real Estate Advisor License #247897

Property Details

Property Type

  • Land

Year Built

  • 1910

Lot Details

Home Design

  • Slab Foundation

Additional Features

  • Crawl Space
  • Corner Lot

Listing and Financial Details

  • Assessor Parcel Number 5620-48-7328-0000

Property Details

Property Type

Land

Year Built

1910

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.95588
  • Ratio Close Price By Original Li: 0.90278
  • Ratio Current Price By Acre: 38235.29
  • Special Features: None
  • Year Built: 1910

Interior Features

  • Foundation Details: Crawl Space, Slab

Utilities

  • Sewer: City Sewer
  • Water: City Water

Schools

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

Lot Info

  • Lot Dimension: 60x120
  • Lot Features: Corner Lot
  • Lot Size Area: 0.170
  • Parcel Number: 5620-48-7328-0000
  • Zoning Specification: RC
  • Plat Reference Section Pages: 137

Tax Info

  • Tax Value: 38450.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2014
Closed on
Jan 7, 2015
Sold by
Hermans Mark A and Hermans Allison M
Bought by
Hermans Family Llc
Seller's Agent
Andrew Ferraro
Tucker Real Estate Group Inc
Buyer's Agent
Mark Hermans
New Branch Real Estate Advisor
List Price
$7,200
Sold Price
$6,500
Premium/Discount to List
-$700
-9.72%
Total Days on Market
63
Current Estimated Value
$179,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,500
Avg. Annual Appreciation
38.18%

Purchase Details

Listed on
Sep 22, 2014
Closed on
Dec 5, 2014
Sold by
Fannie Mae
Bought by
Hermans Mark
Seller's Agent
Andrew Ferraro
Tucker Real Estate Group Inc
Buyer's Agent
Mark Hermans
New Branch Real Estate Advisor
List Price
$7,200
Sold Price
$6,500
Premium/Discount to List
-$700
-9.72%

Purchase Details

Closed on
Sep 9, 2014
Sold by
White Mary C
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 1, 2014
Sold by
White Mary H
Bought by
Federal National Mortg Assoc

Purchase Details

Closed on
Jun 12, 2002
Sold by
Mahaffey Joann W and White Ronald L
Bought by
White Mary H and White Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,600
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1996
Sold by
Swaim Joseph
Bought by
Swaim Sadie H
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
Hermans Family Llc -- None Available
Hermans Mark -- None Available
Federal National Mortgage Association $45,653 None Available
Federal National Mortg Assoc -- --
White Mary H -- --
Swaim Sadie H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White Mary H $48,600
Previous Owner White Mary H $32,500
Previous Owner White Mary H $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2014 12/12/14 Sold $6,500 -9.7% $3 / Sq Ft
11/24/2014 11/24/14 Pending -- -- --
09/22/2014 09/22/14 For Sale $7,200 -- $3 / 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 -- $53,000 $53,000 $0
2023 $207 $17,000 $17,000 $0
2022 $207 $17,000 $17,000 $0
2021 $207 $17,000 $17,000 $0
2020 $207 $17,000 $17,000 $0
2019 $159 $13,000 $13,000 $0
2018 $156 $13,000 $13,000 $0
2017 $153 $13,000 $13,000 $0
2016 $91 $13,000 $13,000 $0
2015 $159 $38,450 $13,000 $25,450
2014 $159 $38,450 $13,000 $25,450
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Andrew Ferraro

    Tucker Real Estate Group Inc

    Section Image
  • Mark Hermans

    Buyer's Agent in 2014

    Mark Hermans

    New Branch Real Estate Advisor

    (704) 787-4542

    4 in this area

    8 Total Sales

    Mark Hermans
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3037224

Canopy MLS (Canopy Realtor® Association)

APN: 5620-48-7328-0000

North Carolina Cabarrus County Concord 28025

255 Elm Ave NW, Concord, NC

This home is located at 255 Elm Ave NW, Concord, NC 28025 since 22 September 2014 and is currently estimated at $179,000, approximately $82 per square foot. This property was built in 1910. 255 Elm Ave NW is a home located in Cabarrus County with nearby schools including Weddington Hills Elementary School, Concord Middle School, and Concord High School.

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