NOT LISTED FOR SALE

2883 Rankin Rd Concord, NC 28027

Estimated Value: $497,000 - $1,038,000

2.44 Acres
$288,651 Price per Acre
106,286 Sq Ft Lot

Last Sold March 04, 2015

Last sale price $125,000

Est. 525% increase in value since last sale

Current estimated payment $4,368/month

77 Days on Market

About This Lot

As of March 2015

Amazing estate sized waterfront lot on the Coddle Creek Reservoir/Lake Howell. 2.44 acres located the end of the street, dead-ending into this peaceful and serene recreational lake. Priced $50k below tax value. Well and septic already in place. There used to be an older singlewide that has now been removed. If you're looking for a private and gorgeous setting for your new home, you have to check this out!

Last Agent to Sell the Property

Gina Compton

ERA Live Moore License #157757 Listed on: 10/30/2014

ERA Live Moore

Last Buyer's Agent

Gina Compton

ERA Live Moore License #157757 Listed on: 10/30/2014

ERA Live Moore

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Property is zoned Residential Lot

Home Design

  • Slab Foundation

Additional Features

  • Crawl Space
  • Well

Listing and Financial Details

  • Assessor Parcel Number 4692-14-8445-0000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.78616
  • Ratio Close Price By Original Li: 0.78616
  • Ratio Current Price By Acre: 51229.51
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Slab

Utilities

  • Sewer: Septic Tank
  • Water: Well

Lot Info

  • Lot Dimension: irreg.
  • Lot Features: Waterfront, Water view
  • Parcel Number: 4692-14-8445-0000
  • Zoning: Residential Lot
  • Zoning Specification: AO
  • Out Buildings Yn: Yes

Tax Info

  • Tax Value: 203470.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2014
Closed on
Mar 3, 2015
Sold by
Hogan Kiser Mary Teresa and Kiser David L
Bought by
Adkins Dan S and Adkins Stacy K
Seller's Agent
Gina Compton
ERA Live Moore
Buyer's Agent
Gina Compton
ERA Live Moore
List Price
$159,000
Sold Price
$125,000
Premium/Discount to List
-$34,000
-21.38%
Current Estimated Value
$781,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$656,332
Avg. Annual Appreciation
17.61%
Original Mortgage
$93,750
Outstanding Balance
$71,962
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$632,347
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
Adkins Dan S $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adkins Dan S $93,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2015 03/04/15 Sold $125,000 -21.4% --
01/15/2015 01/15/15 Pending -- -- --
10/30/2014 10/30/14 For Sale $159,000 -- --
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 $3,251 $511,990 $81,740 $430,250
2024 $3,251 $511,990 $81,740 $430,250
2023 $3,459 $419,220 $139,080 $280,140
2022 $3,387 $419,220 $139,080 $280,140
2021 $3,387 $419,220 $139,080 $280,140
2020 $3,387 $419,220 $139,080 $280,140
2019 $3,038 $376,050 $122,000 $254,050
2018 $2,963 $376,050 $122,000 $254,050
2017 $2,108 $274,430 $122,000 $152,430
2016 $958 $203,470 $195,200 $8,270
2015 $1,542 $203,470 $195,200 $8,270
2014 $1,542 $203,470 $195,200 $8,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3044855

Canopy MLS (Canopy Realtor® Association)

APN: 4692-14-8445-0000