NOT LISTED FOR SALE

2801 Shady Lane Ave Concord, NC 28027

Estimated Value: $254,000 - $287,136

3 Beds
2 Baths
1,302 Sq Ft
$207/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $160,500 $123 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,706/month

1 Day on Market

Highlights

  • Private Lot
  • Wooded Lot
  • Shed
  • Northwest Cabarrus High Rated A-
  • Ranch Style House
  • Fire Pit

About This Home

As of August 2020

(Multiple offers, so no more showings. Please submit offers by 2:00 Sunday) This ranch home listing also includes a 2nd lot ($18K tax value) for a total of .82 acres! As you can see, the lots are beautiful, large and mostly flat. But this is also a very RARE OPPORTUNITY for you to not only live in an affordable ranch home, it also features a full (unfinished) basement with central air/heat and the second fireplace! Just imagine being able to have your peaceful relaxation and also being able to easily entertain! Retired owner grew-up here, his dad had this home built; the only reason for selling is to downsize.

Last Agent to Sell the Property

Bryan Kalentek

Realty 76 License #239501 Listed on: 07/10/2020

Last Buyer's Agent

Brittany Craig

Coldwell Banker- CK Select License #289076

Coldwell Banker- CK Select

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • Private Lot
  • Wooded Lot
  • Many Trees

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House

Interior Spaces

  • 2 Full Bathrooms
  • Wood Burning Fireplace
  • Vinyl Flooring
  • Oven

Outdoor Features

  • Fire Pit
  • Shed

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5612-73-0051-0000

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Ranch
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.01134
  • Ratio Close Price By Original Li: 1.01134
  • Ratio Current Price By Acre: 195731.71
  • Ratio Current Price By Sq Ft: 123.27
  • Year Built: 1950
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Electric Dryer Hookup, Oven
  • Fireplace Description: Den, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Basement Shop, Cable Available
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1302
  • Total Sq Ft: 1302
  • Sq Ft Unheated Basement: 1302
  • Sq Ft Unheated Total: 1302

Exterior Features

  • Construction: Aluminum
  • Construction Type: Site Built
  • Exterior Features: Fire pit, Shed(s)

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 2 Car

Utilities

  • Heating: Central Air
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimension: 162x416x195x415
  • Lot Features: Private, Trees, Wooded
  • Lot Size Area: 0.820
  • Parcel Number: 5612-73-0051-0000
  • Zoning Specification: RM-2

Tax Info

  • Tax Value: 118350.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Jul 19, 2020
Sold by
Owings Richard M and Owings Helen W
Bought by
Fleming Kim Alexander
Seller's Agent
Bryan Kalentek
Realty 76
Buyer's Agent
Brittany Craig
Coldwell Banker- CK Select
List Price
$158,700
Sold Price
$160,500
Premium/Discount to List
$1,800
1.13%
Current Estimated Value
$269,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,784
Avg. Annual Appreciation
10.55%
Original Mortgage
$157,592
Outstanding Balance
$139,480
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$129,804
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Fleming Kim Alexander $160,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fleming Kim Alexander $157,592
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2020 08/21/20 Sold $160,500 +1.1% $123 / Sq Ft
07/12/2020 07/12/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $158,700 -- $122 / 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
2025 $3,393 $298,820 $120,000 $178,820
2024 $3,393 $298,820 $120,000 $178,820
2023 $2,348 $171,410 $67,200 $104,210
2022 $2,348 $163,300 $67,200 $96,100
2021 $2,237 $163,300 $67,200 $96,100
2020 -- $129,690 $35,000 $94,690
2019 -- $99,920 $21,250 $78,670
2018 -- $99,920 $21,250 $78,670
2017 -- $99,920 $21,250 $78,670
2016 -- $109,750 $31,250 $78,500
2015 -- $109,750 $31,250 $78,500
2014 -- $109,750 $31,250 $78,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3633675

Canopy MLS (Canopy Realtor® Association)

APN: 5612-72-0997-0000