NOT LISTED FOR SALE

2590 Lyla Ave Concord, NC 28027

Estimated Value: $190,000 - $463,146

9.61 Acres
$36,242 Price per Acre
418,612 Sq Ft Lot

Last Sold May 31, 2024

Last sale price $455,000

Est. 23% decrease in value since last sale

Current estimated payment $2,138/month

774 Days on Market

Highlights

  • 9.61 Acre Lot
  • Private Lot
  • No HOA
  • Northwest Cabarrus High Rated A-
  • Wooded Lot

About This Lot

As of May 2024

Almost 10 acres in Kannapolis city limits. Well and septic system in place (no septic permit available). Water and sewer on Lyla. This land is dividable and would make a fantastic small neighborhood. 1974 single wide on property is uninhabitable and is of no value and is to remain on property. Please do not attempt to enter. Can park on property where driveway was by sign or on the street. Current property parcel is able to be connected to water/sewer but if property were to be divided it wouldn't be able to tap in until possibly 2027.

Last Agent to Sell the Property

Lauren Bryant

Farms & Estates Realty Inc Brokerage Email: lauren@farmsandestates.com License #290548 Listed on: 01/25/2022

Last Buyer's Agent

Amit Kumar

Ram Realty LLC License #128069

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,778

Lot Details

  • 9.61 Acre Lot
  • Private Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Wooded Lot
  • Possible uses of the property include Private Estate, Residential, Subdevelopment
  • Property is zoned RM-2

Home Design

  • Slab Foundation

Basement

  • Crawl Space

Schools

  • Winecoff Elementary School
  • Northwest Cabarrus Middle School
  • Northwest Cabarrus High School

Utilities

  • Water Tap or Transfer Fee
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5612-34-0709-0000

Property Details

Property Type

Land

Est. Annual Taxes

$3,778

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: Yes
  • Restrictions: No Restrictions
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Attribution Contact: lauren@farmsandestates.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Slab
  • Possible Use: Private Estate, Residential, Subdevelopment

Exterior Features

  • Road Frontage: 368

Garage/Parking

  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer, Septic Installed, Tap Fee Required
  • Water Source: City, Tap Fee Required, Well

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Northwest Cabarrus
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Paved, Private, Sloped, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 5612-34-0709-0000
  • Can Be Subdivided: 1
  • Lot Size Acres: 9.61
  • Lot Size Sq Ft: 418611
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RM-2

MLS Schools

  • Elementary School: Winecoff
  • High School: Northwest Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2022
Closed on
May 31, 2024
Sold by
Hinson Hugh E and Hinson Nancy M
Bought by
Thawait Realty Llc
Seller's Agent
Lauren Bryant
Farms & Estates Realty Inc
Buyer's Agent
Amit Kumar
Ram Realty LLC
List Price
$480,500
Sold Price
$455,000
Premium/Discount to List
-$25,500
-5.31%
Views
590
Current Estimated Value
$348,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$106,713
Avg. Annual Appreciation
-17.27%

Purchase Details

Closed on
Jan 1, 1986
Bought by
Hinson Hugh E and Hinson Nancy M
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
Thawait Realty Llc $455,000 None Listed On Document
Hinson Hugh E $9,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $455,000 -5.3% --
01/25/2022 01/25/22 For Sale $480,500 -- --
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 $3,778 $332,710 $319,440 $13,270
2024 $2,691 $237,000 $223,730 $13,270
2023 $2,276 $166,110 $156,830 $9,280
2022 $2,276 $166,110 $156,830 $9,280
2021 $2,276 $166,110 $156,830 $9,280
2020 $2,276 $166,110 $156,830 $9,280
2019 $1,956 $142,780 $134,010 $8,770
2018 $1,928 $142,780 $134,010 $8,770
2017 $1,899 $142,780 $134,010 $8,770
2016 $1,899 $209,980 $201,620 $8,360
2015 $2,646 $209,980 $201,620 $8,360
2014 $2,646 $209,980 $201,620 $8,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3821832

Canopy MLS (Canopy Realtor® Association)

APN: 5612-34-0709-0000