NOT LISTED FOR SALE

2601 Shady Lane Ave Concord, NC 28027

Estimated Value: $218,000 - $267,525

2 Beds
1.5 Baths
1,203 Sq Ft
$203/Sq Ft Est. Value

Last Sold February 21, 2023

Last sale price $193,800 $161 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,567/month

17 Days on Market

Highlights

  • 0.74 Acre Lot
  • No HOA
  • 1-Story Property
  • Northwest Cabarrus High Rated A-
  • Laundry Room
  • Detached Carport Space

About This Home

As of February 2023

Nice ranch home located in Cabarrus County. This home has an open floor plan and a large fenced in yard.
Come check it out. Seller is offering $5000 in closing cost.

Last Agent to Sell the Property

Jill Roudebush

EXP Realty LLC Mooresville License #311276 Listed on: 12/27/2022

EXP Realty LLC Mooresville

Last Buyer's Agent

Virginia Biedler

Southern Homes of the Carolinas, Inc License #254924

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,824

Year Built

  • Built in 1969

Lot Details

  • 0.74 Acre Lot

Parking

  • Detached Carport Space

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,203 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Kannapolis Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5612-64-1540-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,824

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1969
  • Road Surface Type: Asphalt
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 161.10
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1203
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Gas Water Heater
  • Above Grade Finished Sq Ft: 1203
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1203
  • Bedroom Main: 2
  • Room Count: 7

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Open Parking: No
  • Parking Features: Carport

Utilities

  • Heating: Electric, Forced Air
  • Sewer: Septic Installed
  • Laundry Features: In Kitchen
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Size Area: 0.74
  • Lot Size Units: Acres
  • Parcel Number: 5612-64-1540-0000
  • Lot Size Acres: 0.74
  • Lot Size Sq Ft: 32234
  • ResoLotSizeUnits: Acres
  • Zoning Specification: resident

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2022
Closed on
Jan 21, 2023
Sold by
Vaughn Jacob R
Bought by
Haynes Conner
Seller's Agent
Jill Roudebush
EXP Realty LLC Mooresville
Buyer's Agent
Virginia Biedler
Southern Homes of the Carolinas, Inc
List Price
$205,000
Sold Price
$193,800
Premium/Discount to List
-$11,200
-5.46%
Views
92
Current Estimated Value
$244,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,581
Avg. Annual Appreciation
9.54%
Original Mortgage
$195,800
Outstanding Balance
$189,395
Interest Rate
5.9%
Mortgage Type
New Conventional
Estimated Equity
$54,004

Purchase Details

Listed on
Mar 19, 2021
Closed on
Sep 22, 2021
Sold by
Opendoor Property Trust
Bought by
Vaughn Jacob K
Seller's Agent
Verria Hairston
Opendoor Brokerage LLC
Buyer's Agent
Michelle King
Weichert, Realtors - Team Metro
List Price
$205,000
Sold Price
$175,000
Premium/Discount to List
-$30,000
-14.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.51%
Original Mortgage
$179,025
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
Mar 4, 2021
Sold by
Allman Janice M
Bought by
Opendoor Property Trust I

Purchase Details

Closed on
Nov 4, 2002
Sold by
Allman Kenneth Lewis
Bought by
Allman Janice M

Purchase Details

Closed on
Dec 1, 1997
Bought by
Allman Kenneth Lewis and Allman Wife

Purchase Details

Closed on
Mar 1, 1995

Purchase Details

Closed on
Apr 1, 1989
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
Haynes Conner $194,000 --
Vaughn Jacob K $175,000 Chicago Title Ins Co
Opendoor Property Trust I $167,500 None Available
Opendoor Property Trust $167,500 Chicago Title
Allman Janice M -- --
Allman Kenneth Lewis $85,000 --
-- $62,000 --
-- $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haynes Conner $195,800
Previous Owner Vaughn Jacob K $179,025
Previous Owner Allman Janice M $24,363
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2023 02/21/23 Sold $193,800 -3.1% $161 / Sq Ft
01/09/2023 01/09/23 Price Changed $200,000 -2.4% $166 / Sq Ft
12/28/2022 12/28/22 For Sale $205,000 +17.1% $170 / Sq Ft
09/23/2021 09/23/21 Sold $175,000 -2.8% $145 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
07/29/2021 07/29/21 Price Changed $180,000 -2.7% $150 / Sq Ft
07/15/2021 07/15/21 Price Changed $185,000 -2.1% $154 / Sq Ft
07/01/2021 07/01/21 Price Changed $189,000 -4.5% $157 / Sq Ft
05/28/2021 05/28/21 Price Changed $198,000 -1.0% $164 / Sq Ft
05/06/2021 05/06/21 Price Changed $200,000 -1.0% $166 / Sq Ft
04/08/2021 04/08/21 Price Changed $202,000 -1.5% $168 / Sq Ft
03/19/2021 03/19/21 For Sale $205,000 -- $170 / 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 $2,824 $248,740 $85,000 $163,740
2023 $1,993 $145,490 $47,600 $97,890
2022 $1,993 $145,490 $47,600 $97,890
2021 $1,993 $145,490 $47,600 $97,890
2020 $1,993 $145,490 $47,600 $97,890
2019 $1,513 $110,450 $28,900 $81,550
2018 $1,491 $110,450 $28,900 $81,550
2017 $1,469 $110,450 $28,900 $81,550
2016 $1,469 $121,780 $42,500 $79,280
2015 $1,534 $121,780 $42,500 $79,280
2014 $1,534 $121,780 $42,500 $79,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3929598

Canopy MLS (Canopy Realtor® Association)

APN: 5612-64-1540-0000