NOT LISTED FOR SALE

2604 Old Concord Rd Salisbury, NC 28146

Estimated Value: $238,000

2.26 Acres
$105,310 Price per Acre
98,446 Sq Ft Lot

Last Sold February 18, 2020

Last sale price $225,000 $113 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,483/month

1,352 Days on Market

About This Lot

As of February 2020

Double parcel - includes parcel 0231. Located at intersection of Old Concord Rd/Julian Rd/Heilig Rd. Excellent exposure, less than 1-mile to I85 Exit 74, hundreds of apartments, and Rowan Summit Shopping Center

Last Agent to Sell the Property

Nash Isenhower

Wallace Realty License #30803 Listed on: 08/27/2015

Last Buyer's Agent

Daniel Almazan

DRA Properties NC LLC License #253017

Property Details

Property Type

  • Land

Lot Details

  • Corner Lot
  • Property is zoned Commercial

Listing and Financial Details

  • Assessor Parcel Number 402 023/023-01

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Acreage
  • Ratio Close Price By List Price: 0.90000
  • Ratio Close Price By Original Li: 0.90000
  • Ratio Current Price By Acre: 99557.52
  • Restrictions: No Restrictions
  • Habitable Residence Yn: Yes
  • Special Features: None

Schools

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

Lot Info

  • Lot Dimension: 186x59x46x333x236.5x434
  • Lot Features: Corner Lot
  • Lot Size Area: 2.260
  • Parcel Number: 402 023/023-01
  • Zoning: Commercial
  • Zoning Specification: CBI

Tax Info

  • Tax Value: 111865.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2020
Sold by
Teramore Development Llc
Bought by
Braun Steven A
Current Estimated Value
$238,000

Purchase Details

Listed on
Aug 27, 2015
Closed on
Feb 18, 2020
Sold by
Edmiston Jerry F and Edmiston Donna C
Bought by
Teramore Development Llc
Seller's Agent
Nash Isenhower
Wallace Realty
Buyer's Agent
Daniel Almazan
DRA Properties NC LLC
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,115,200
Interest Rate
3.72%
Mortgage Type
Construction
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
Braun Steven A $1,749,000 None Available
Teramore Development Llc -- None Available
Teramore Development Llc $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Teramore Development Llc $1,115,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2020 02/18/20 Sold $225,000 -10.0% $113 / Sq Ft
05/10/2019 05/10/19 Pending -- -- --
08/27/2015 08/27/15 For Sale $250,000 -- $125 / 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
2020 -- $92,569 $35,548 $57,021
2019 -- $92,569 $35,548 $57,021
2018 -- $83,640 $35,548 $48,092
2017 -- $83,640 $35,548 $48,092
2016 -- $83,640 $35,548 $48,092
2015 -- $83,640 $35,548 $48,092
2014 -- $98,334 $35,548 $62,786
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3110909

Canopy MLS (Canopy Realtor® Association)

APN: 402-023