NOT LISTED FOR SALE

2870 Walter Dr NW Concord, NC 28027

Estimated Value: $393,000 - $462,000

3 Beds
2 Baths
2,001 Sq Ft
$213/Sq Ft Est. Value

Last Sold September 24, 2019

Last sale price $235,000 $117 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,506/month

3 Days on Market

Highlights

  • Wood Flooring
  • Separate Outdoor Workshop
  • Wood Burning Fireplace
  • Charles E. Boger Elementary School Rated A-
  • 1-Story Property

About This Home

As of September 2019

Don't Miss this 3 bedroom 2 Bath home with a 23x24 den and large living room. This home features updated kitchen with granite counter tops, stone backsplash, & stainless appliances. Refinished onsite hardwood floors throughout. Updated light fixtures, Updated bathrooms with tiled tubs/showers, tile flooring, & updated vanities. The outside of the home features a 400 sq ft deck with all new deck boards. Also, a fire pit with sitting area around it in the backyard. 2 Car Carport and Tons of additional parking and a detached 1 Car Garage/Workshop. This workshop has power, water, and a 1/2 bath.

Last Agent to Sell the Property

Bradley Cohen

RE/MAX Executive License #233018 Listed on: 07/22/2019

RE/MAX Executive

Last Buyer's Agent

Bradley Cohen

RE/MAX Executive License #233018 Listed on: 07/22/2019

RE/MAX Executive

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1967

Lot Details

  • 0.68

Parking

  • Workshop in Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2 Full Bathrooms
  • 1-Story Property
  • Wood Burning Fireplace
  • Insulated Windows
  • Crawl Space

Flooring

  • Wood
  • Tile

Outdoor Features

  • Separate Outdoor Workshop

Utilities

  • Heating System Uses Propane
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5611-51-7652-0000

Home Details

Home Type

Single Family

Year Built

Built in 1967

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 341569.77
  • Ratio Current Price By Sq Ft: 117.44
  • Year Built: 1967
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Cable Prewire, Dishwasher, Electric Range, Ice Maker Connection, Microwave, Refrigerator, g-Low Flow Fixtures, Electric Oven
  • Fireplace Description: Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Cable Available, Garage Shop
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 2001
  • Total Sq Ft: 2001
  • Sq Ft Unheated Main: 107
  • Sq Ft Unheated Total: 107

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Workshop

Garage/Parking

  • Driveway: Asphalt
  • Parking: Carport - 2 Car, Detached Garage, Driveway, Garage - 1 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Propane
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 148x190x146x195
  • Parcel Number: 5611-51-7652-0000
  • Zoning Specification: RM-2

Tax Info

  • Tax Value: 173140.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2019
Closed on
Sep 23, 2019
Sold by
Safrit Jordan and Safrit Leah
Bought by
Russell Todd and Russell Karen Lynn
Seller's Agent
Bradley Cohen
RE/MAX Executive
Buyer's Agent
Bradley Cohen
RE/MAX Executive
List Price
$235,000
Sold Price
$235,000
Current Estimated Value
$425,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,584
Avg. Annual Appreciation
9.97%
Original Mortgage
$188,000
Outstanding Balance
$164,673
Interest Rate
3.6%
Estimated Equity
$260,911

Purchase Details

Closed on
May 10, 2006
Sold by
Dunnmon Barbara J
Bought by
Xiong Rick and Yang May N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,800
Interest Rate
6%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 26, 2001
Sold by
Hillis Susan D and Green Mary Ann D
Bought by
Dunnmon Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
7.14%

Purchase Details

Closed on
Jun 1, 1989
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Russell Todd $235,000 None Available
Xiong Rick $174,000 None Available
Dunnmon Barbara J $124,000 --
-- $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell Todd $188,000
Previous Owner Xiong Rick $34,800
Previous Owner Xiong Rick $139,200
Previous Owner Dunnmon Barbara J $127,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2019 09/24/19 Sold $235,000 0.0% $117 / Sq Ft
07/25/2019 07/25/19 Pending -- -- --
07/22/2019 07/22/19 For Sale $235,000 -- $117 / 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 $3,242 $325,480 $60,000 $265,480
2024 $3,242 $325,480 $60,000 $265,480
2023 $2,836 $232,490 $44,100 $188,390
2022 $2,836 $232,490 $44,100 $188,390
2021 $2,836 $232,490 $44,100 $188,390
2020 $2,836 $232,490 $44,100 $188,390
2019 $2,112 $173,140 $36,750 $136,390
2018 $2,078 $173,140 $36,750 $136,390
2017 $2,043 $173,140 $36,750 $136,390
2016 $1,212 $166,710 $35,180 $131,530
2015 $1,967 $166,710 $35,180 $131,530
2014 $1,967 $166,710 $35,180 $131,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3532048

Canopy MLS (Canopy Realtor® Association)

APN: 5611-51-7652-0000