NOT LISTED FOR SALE

27 Washington Ln SE Concord, NC 28025

Estimated Value: $435,000 - $468,000

4 Beds
3 Baths
2,214 Sq Ft
$204/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $365,000 $165 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,876/month

27 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Fireplace
  • R Brown Mcallister STEMElementary Rated A-

About This Home

As of August 2021

Downtown Historic Concord! 27 Washington Lane is an easy ONE block walk to the shops and restaurants of downtown Concord! This beautiful home has many upgrades, and is flooded with natural light. Hardwood floors flow throughout the main level into the family room that has walls of windows with views to both the front and the back side of home. Adjacent eat-in kitchen features a custom Mosaic tile backsplash which matches the fireplace surround, cream cabinets & granite counters, and new appliances including a professional range. Kitchen has a breakfast bar, and access to covered back deck. Two bedrooms on the main level and a full bath for guests through a sliding barn door. Upstairs is a large master bedroom with sitting area & full ensuite bath, along with another bedroom and full bath. Convenient upstairs laundry room too. Backyard has a storage shed perfect for workshop!

Last Agent to Sell the Property

Carmady Kruger

Lantern Realty & Development LLC License #287665 Listed on: 06/17/2021

Last Buyer's Agent

Cindy Snyder

RE/MAX Leading Edge License #227096

RE/MAX Leading Edge

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1931

Lot Details

  • 10,454

Parking

  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • Fireplace
  • Oven

Flooring

  • Wood
  • Tile

Listing and Financial Details

  • Assessor Parcel Number 5630-07-4073-0000

Home Details

Home Type

Single Family

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Colonial
  • Ratio Close Price By List Price: 0.85882
  • Ratio Close Price By Original Li: 0.85882
  • Ratio Current Price By Acre: 1520833.33
  • Ratio Current Price By Sq Ft: 164.86
  • Year Built: 1931
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Brick
  • Upper Level Sq Ft: 1062
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Cooktop Gas, Dishwasher, Gas Range, Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 1152
  • Total Sq Ft: 2214
  • Sq Ft Unheated Basement: 349
  • Sq Ft Unheated Total: 349

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size Area: 0.240
  • Parcel Number: 5630-07-4073-0000
  • Zoning Specification: RC

Tax Info

  • Tax Value: 229140.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Aug 20, 2021
Sold by
Barkley Lauri Ann Gibson and Tackett Lisa Ann
Bought by
Patterson Michael David and Patterson Sarah M
Seller's Agent
Carmady Kruger
Lantern Realty & Development LLC
Buyer's Agent
Cindy Snyder
RE/MAX Leading Edge
List Price
$425,000
Sold Price
$365,000
Premium/Discount to List
-$60,000
-14.12%
Total Days on Market
27
Current Estimated Value
$451,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,455
Avg. Annual Appreciation
5.65%
Original Mortgage
$365,000
Outstanding Balance
$336,165
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$113,391

Purchase Details

Listed on
Mar 9, 2019
Closed on
Apr 8, 2019
Sold by
Kallio Matthew Frank and Kallio Yoko
Bought by
Barley Lauri Ann Gibson
Seller's Agent
Dustin Davis
Gonzalez Realty
Buyer's Agent
Ladd Lancaster
Southern Homes of the Carolinas, Inc
List Price
$224,500
Sold Price
$230,000
Premium/Discount to List
$5,500
2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.51%
Original Mortgage
$223,100
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2016
Sold by
Milan Richard
Bought by
Kallio Matthew Frank and Kallio Yoko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2014
Sold by
Ford Caroline Amanda
Bought by
Milan Richard

Purchase Details

Closed on
Feb 25, 2011
Sold by
Gray Lara G and Gray Robert
Bought by
Ford Caroline Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
4.75%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Patterson Michael David $365,000 None Available
Barley Lauri Ann Gibson $230,000 None Available
Kallio Matthew Frank $206,000 None Available
Milan Richard $37,500 None Available
Ford Caroline Amanda $48,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Michael David $365,000
Previous Owner Barley Lauri Ann Gibson $223,100
Previous Owner Kallio Matthew Frank $164,800
Previous Owner Ford Caroline Amanda $50,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $365,000 -14.1% $165 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $425,000 +84.8% $192 / Sq Ft
04/08/2019 04/08/19 Sold $230,000 +2.4% $109 / Sq Ft
03/09/2019 03/09/19 Pending -- -- --
03/09/2019 03/09/19 For Sale $224,500 -- $107 / 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 $4,106 $412,290 $83,000 $329,290
2023 $3,435 $281,560 $48,400 $233,160
2022 $3,435 $229,140 $48,400 $180,740
2021 $2,796 $229,140 $48,400 $180,740
2020 $2,796 $229,140 $48,400 $180,740
2019 $1,229 $100,740 $38,500 $62,240
2018 $1,209 $100,740 $38,500 $62,240
2017 $1,189 $100,740 $38,500 $62,240
2016 -- $95,600 $38,500 $57,100
2015 -- $95,600 $38,500 $57,100
2014 -- $95,600 $38,500 $57,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3750416

Canopy MLS (Canopy Realtor® Association)

APN: 5630-07-4073-0000