NOT LISTED FOR SALE

261 Broad Dr SW Concord, NC 28025

Estimated Value: $291,000 - $392,000

3 Beds
2 Baths
1,637 Sq Ft
$204/Sq Ft Est. Value

Last Sold May 03, 2022

Last sale price $300,000 $183 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,115/month

54 Days on Market

Highlights

  • Arts and Crafts Architecture
  • Laundry Room
  • Ceiling Fan
  • Tray Ceiling
  • Tile Flooring

About This Home

As of May 2022

Price reduction makes this a wonderful opportunity! A complete renovation on this 1940 home has transformed it into a charming art and craftsman-style home incorporating all the conveniences of today while maintaining the character of this classic era. Owners have updated almost everything from electrical, plumbing, HVAC, to all the interior features showcasing a flair for design with some creative additions. The large front porch offers a wonderful gathering place to visit with neighbors and friends. Inside you will notice some of the arches, cut-outs, beautiful flooring, and modern bathrooms. Home offers a partial basement area heated and cooled that will make a great home office, workout area, or man-cave. Large spacious lot and located in an area that is convenient to downtown Concord and seeing lots of renovations on nearby homes.

Last Listed By

Kelly Clark

The Clark Group Real Estate Services LLC License #162429 Listed on: 11/14/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,902

Year Built

  • Built in 1940

Lot Details

  • 9,148

Parking

  • Driveway

Home Design

  • Arts and Crafts Architecture

Interior Spaces

  • Tray Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Tile Flooring
  • Crawl Space
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Schools

  • W.M. Irvin Elementary School
  • Concord Middle School
  • Concord High School

Additional Features

  • Zoning described as RC
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 5630-05-3002-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,902

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts
  • Year Built: 1940
  • Ratio Current Price By Acre: 1428571.43
  • Restrictions: None
  • Doors and Windows: g-Insulated Door(s),Insulated Windows
  • Road Surface Type: Concrete
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Tray Ceiling
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1344
  • 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
  • Porch: Covered,Front
  • Appliances: Ceiling Fan(s), Dishwasher, Electric Dryer Hookup
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 293
  • Fireplace Features: Living Room
  • Living Area: 1637
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Tax Location: Concord
  • Construction Type: Site Built
  • Construction Type: Fiber Cement

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Driveway

Utilities

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

Schools

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

Lot Info

  • Lot Size Area: 0.21
  • Lot Size Units: Acres
  • Parcel Number: 5630-05-3002-0000
  • Zoning Description: RC

Tax Info

  • RATIO List Price By Tax Amount: 3.99734

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: W.M. Irvin
  • High School: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2015
Sold by
Bowrey Arnold A and Bowrey Donna C
Bought by
Dorantes Rosendo
Total Days on Market
54
Current Estimated Value
$334,706

Purchase Details

Closed on
Feb 24, 2004
Sold by
Deutsche Bank Trust Co Americas
Bought by
Bowrey Arnoldo A and Bowrey Donna C

Purchase Details

Closed on
Mar 25, 2003
Sold by
Leach Antonio
Bought by
Deutsche Bank Trust Co Americas and Bankers Trust Co

Purchase Details

Closed on
Feb 24, 2000
Sold by
Boulware Scotty T and Boulware Glenda D
Bought by
Leach Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
8.21%

Range of Values:

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Average Value
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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
Dorantes Rosendo $19,500 None Available
Bowrey Arnoldo A $22,500 --
Deutsche Bank Trust Co Americas $59,415 --
Leach Antonio $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowrey Arnoldo A $40,000
Previous Owner Leach Antonio $48,750
Closed Leach Antonio $9,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2022 05/03/22 Sold $300,000 0.0% $183 / Sq Ft
03/18/2022 03/18/22 Price Changed $300,000 -6.3% $183 / Sq Ft
03/11/2022 03/11/22 For Sale $320,000 +6.7% $195 / Sq Ft
01/14/2022 01/14/22 Off Market $300,000 -- --
01/07/2022 01/07/22 Pending -- -- --
12/07/2021 12/07/21 Price Changed $320,000 -8.6% $195 / Sq Ft
11/14/2021 11/14/21 For Sale $350,000 -- $214 / 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 $2,902 $291,360 $50,000 $241,360
2023 $2,199 $180,260 $10,000 $170,260
2022 $2,199 $75,050 $10,000 $65,050
2021 $916 $75,050 $10,000 $65,050
2020 $916 $75,050 $10,000 $65,050
2019 $794 $65,060 $10,000 $55,060
2018 $781 $65,060 $10,000 $55,060
2017 $877 $74,280 $10,000 $64,280
2016 $511 $66,650 $10,000 $56,650
2015 $794 $67,270 $10,000 $57,270
2014 $794 $67,270 $10,000 $57,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3805773

Canopy MLS (Canopy Realtor® Association)

APN: 5630-05-3002-0000