NOT LISTED FOR SALE

256 Franklin Ave NW Concord, NC 28025

Estimated Value: $167,000 - $269,000

2 Beds
1 Bath
1,176 Sq Ft
$188/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $197,500 $168 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,337/month

24 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Detached Garage
  • Weddington Hills Elementary School Rated A-
  • Corner Lot
  • Laundry Room

About This Home

As of March 2022

*MOVE-IN READY* Amazing opportunity to own a great starter home or investment property in a NO HOA community! This home has everything you need for an incredible price with open floor, new roof, new floor, new windows, new door, new granite counter top, new appliances, new kitchen cabinets. Close to I85, Concord mall, hospitals, shops, booming church street with new coffee shops and restaurants as well as other planned developments fueling the area's growth.

Last Agent to Sell the Property

Phuong Le

RE/MAX Metro Realty License #333549 Listed on: 02/26/2022

RE/MAX Metro Realty

Last Buyer's Agent

Deidra Vice

CENTURY 21 Rucker Real Estate License #334563

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,007

Year Built

  • Built in 1930

Lot Details

  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Zoning described as RC

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Laminate Flooring
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Detached Garage
  • Driveway

Outdoor Features

  • Deck
  • Shed

Schools

  • Weddington Hills Elementary School
  • Concord Middle School
  • Concord High School

Utilities

  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 5620-56-8807-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,007

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1930
  • Ratio Current Price By Acre: 1161764.71
  • Restrictions: No Representation
  • Road Surface Type: Gravel
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Kitchen Island, Open Floorplan
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1176
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 264
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 264
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Back,Covered,Deck,Front
  • Appliances: Dishwasher, Electric Range
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1176
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Shed(s), Storage
  • New Construction: No
  • Roof: Composition
  • Tax Location: Concord
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 264
  • Parking Features: Detached, Driveway, Garage - 1 Car

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Schools

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

Lot Info

  • Lot Features: Cleared, Corner Lot, Level
  • Lot Size Area: 0.17
  • Lot Size Units: Acres
  • Parcel Number: 5620-56-8807-0000
  • Zoning Description: RC

Tax Info

  • RATIO List Price By Tax Amount: 3.49964

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Weddington Hills
  • High School: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2022
Closed on
Mar 31, 2022
Sold by
Vu Truong Thanh and Vu Tuyen
Bought by
Barr Antoine
Seller's Agent
Phuong Le
RE/MAX Metro Realty
Buyer's Agent
Deidra Vice
CENTURY 21 Rucker Real Estate
List Price
$195,000
Sold Price
$197,500
Premium/Discount to List
$2,500
1.28%
Total Days on Market
24
Current Estimated Value
$220,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,066
Avg. Annual Appreciation
3.50%
Original Mortgage
$191,575
Outstanding Balance
$182,143
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$38,423

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jun 24, 2021
Sold by
Investcar Llc
Bought by
Truong Thanh Vu and Nguyen Anh Ngoc
Seller's Agent
Linda Ford
Coldwell Banker Mountain View
Buyer's Agent
Brandon Chesley
United Investexusa 19 LLC
List Price
$125,000
Sold Price
$105,000
Premium/Discount to List
-$20,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
127.16%

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jun 21, 2021
Sold by
Connelly Chad Franklin and Connelly Jennifer Davis
Bought by
Investcar Llc
Seller's Agent
Linda Ford
Coldwell Banker Mountain View
Buyer's Agent
Brandon Chesley
United Investexusa 19 LLC
List Price
$125,000
Sold Price
$105,000
Premium/Discount to List
-$20,000
-16%

Purchase Details

Closed on
Mar 14, 2010
Sold by
Dominion Vision Llc
Bought by
Connelly Chad F

Purchase Details

Closed on
Mar 10, 2010
Sold by
Connelly Chad F and Connelly Jennifer
Bought by
Dominion Vision Llc

Purchase Details

Closed on
Jun 25, 2007
Sold by
Stephens David L and Meyers Maude
Bought by
Connelly Chad F and Connelly Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,150
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 1983
Bought by
Stephens David Lee and Stephens Ramona U
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
Barr Antoine $197,500 None Listed On Document
Truong Thanh Vu $110,000 None Available
Investcar Llc $105,000 None Available
Connelly Chad F -- None Available
Dominion Vision Llc -- None Available
Connelly Chad F $57,000 None Available
Stephens David Lee $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barr Antoine $191,575
Previous Owner Connelly Chad F $54,150
Previous Owner Stephens David $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $197,500 +1.3% $168 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
02/26/2022 02/26/22 For Sale $195,000 +85.7% $166 / Sq Ft
06/24/2021 06/24/21 Sold $105,000 -16.0% $89 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $125,000 -- $106 / 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 $2,007 $201,470 $53,000 $148,470
2023 $1,394 $114,280 $17,000 $97,280
2022 $1,081 $55,720 $17,000 $38,720
2021 $680 $55,720 $17,000 $38,720
2020 $680 $55,720 $17,000 $38,720
2019 $589 $48,290 $13,000 $35,290
2018 $579 $48,290 $13,000 $35,290
2017 $570 $48,290 $13,000 $35,290
2016 $338 $51,880 $13,000 $38,880
2015 $612 $51,880 $13,000 $38,880
2014 $612 $51,880 $13,000 $38,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3833178

Canopy MLS (Canopy Realtor® Association)

APN: 5620-56-8807-0000