NOT LISTED FOR SALE

257 Broad Dr SW Concord, NC 28025

Estimated Value: $296,000 - $362,000

3 Beds
1 Bath
1,779 Sq Ft
$179/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $275,000 $155 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,029/month

About This Home

As of August 2022

Charming & fully renovated 3 bed/1 bath rental home, available immediately in the Logan Park subdivision! The large front porch is covered, making it the ideal spot for your morning coffee or evening cocktail. Upon entering, you'll notice the beautifully refinished wood floors flowing throughout most of the home. Your living room is large with endless windows allowing in natural light & leads into your dining area. This space leads you directly into your kitchen, featuring tile floors (hello easy clean up!), white cabinetry, trendy white subway tile backsplash, and new SS appliances. All 3 bedrooms are all sizable with and share a brand new bathroom, complete with a spacious dual vanity & tiled shower to fit for modern living! Bonus space: the spacious basement! This is perfect for all your storage needs with built in shelves, and contains a new washer/dryer, AND provides you easy access to your fully fenced in backyard.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Aug 30, 2022
Sold by
257 Broad Llc
Bought by
Melcher John Casey and Mcfall Brianna E
Seller's Agent
Samara Huntley
EXP Realty LLC
Buyer's Agent
Cameron Frank
Yancey Realty, LLC
List Price
$299,000
Sold Price
$275,000
Premium/Discount to List
-$24,000
-8.03%
Views
10
Current Estimated Value
$318,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,962
Avg. Annual Appreciation
3.34%
Original Mortgage
$266,750
Outstanding Balance
$257,611
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$43,369

Purchase Details

Listed on
Oct 21, 2021
Closed on
Jan 15, 2022
Sold by
Polk Iris M
Bought by
275 Broad Llc
Seller's Agent
Harold Blackwelder
Bestway Realty
Buyer's Agent
Harold Blackwelder
Bestway Realty
List Price
$164,500
Sold Price
$157,800
Premium/Discount to List
-$6,700
-4.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
148.57%
Original Mortgage
$175,000
Interest Rate
3.45%
Mortgage Type
Construction

Range of Values:

Collateral Analytics

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ICE

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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
Melcher John Casey $275,000 --
275 Broad Llc $158,000 Ferguson Hayes Hawkins Pllc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melcher John Casey $266,750
Previous Owner 275 Broad Llc $175,000
Previous Owner Moore Robert A $149,250
Previous Owner Moore Robert A $100,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Rented $1,700 -4.8% --
09/06/2023 09/06/23 Price Changed $1,785 -0.3% $1 / Sq Ft
08/22/2023 08/22/23 Price Changed $1,790 -0.3% $1 / Sq Ft
08/10/2023 08/10/23 Price Changed $1,795 -5.3% $1 / Sq Ft
08/04/2023 08/04/23 For Rent $1,895 0.0% --
08/30/2022 08/30/22 Sold $275,000 -1.3% $154 / Sq Ft
07/21/2022 07/21/22 Price Changed $278,500 -0.2% $156 / Sq Ft
06/17/2022 06/17/22 Price Changed $279,000 -3.5% $156 / Sq Ft
05/31/2022 05/31/22 Price Changed $289,000 -3.3% $162 / Sq Ft
05/13/2022 05/13/22 For Sale $299,000 +89.5% $168 / Sq Ft
01/20/2022 01/20/22 Sold $157,800 -4.1% $89 / Sq Ft
11/21/2021 11/21/21 Pending -- -- --
11/19/2021 11/19/21 For Sale $164,500 0.0% $92 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $164,500 -- $92 / Sq Ft

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 $2,918 $292,970 $50,000 $242,970
2023 $1,854 $151,940 $10,000 $141,940
2022 $1,367 $112,020 $10,000 $102,020
2021 $1,367 $112,020 $10,000 $102,020
2020 $1,367 $112,020 $10,000 $102,020
2019 $1,158 $94,940 $10,000 $84,940
2018 $1,139 $94,940 $10,000 $84,940
2017 $1,120 $94,940 $10,000 $84,940
2016 $332 $84,060 $10,000 $74,060
2015 $496 $84,060 $10,000 $74,060
2014 $496 $84,060 $10,000 $74,060
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Megan Verdi

    Yancey Realty, LLC

    (516) 359-6745

    1 Total Sale

    Megan Verdi
    Section Image

  • B

    Seller Co-Listing Agent in 2023

    Britt Ramsey

    Yancey Realty, LLC

    (910) 916-5182

    Section Image
  • Samara Huntley

    Seller's Agent in 2022

    Samara Huntley

    EXP Realty LLC

    (704) 778-5775

    6 in this area

    102 Total Sales

    Samara Huntley
    Section Image

  • H

    Seller's Agent in 2022

    Harold Blackwelder

    Bestway Realty

    (704) 201-6359

    24 in this area

    289 Total Sales

    Harold Blackwelder
    Section Image
  • Cameron Frank

    Buyer's Agent in 2022

    Cameron Frank

    Yancey Realty, LLC

    (704) 960-6713

    2 in this area

    55 Total Sales

    Cameron Frank
    Section Image
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Map

North Carolina Cabarrus County Concord 28025

257 Broad Dr SW, Concord, NC

Homes for Sale in Concord, NC

This home is located at 257 Broad Dr SW, Concord, NC 28025 and is currently estimated at $318,962, approximately $179 per square foot. 257 Broad Dr SW is a home located in Cabarrus County with nearby schools including W.M. Irvin Elementary School, Concord Middle School, and Concord High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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