NOT LISTED FOR SALE

2900 Shady Lane Ave Concord, NC 28027

Estimated Value: $264,000 - $316,000

3 Beds
2 Baths
1,500 Sq Ft
$196/Sq Ft Est. Value

Last Sold September 13, 2022

Last sale price $290,000 $193 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,874/month

4 Days on Market

Highlights

  • No HOA
  • Porch
  • Central Air
  • Northwest Cabarrus High Rated A-
  • Attached Carport
  • Ceiling Fan

About This Home

As of September 2022

Beautiful 3BR, 2BA home with recent new updates. Including new kitchen cabinets, new stainless steel appliances, and beautiful quartz countertops. Updated bathrooms with new vanities. LVP flooring throughout the home with new carpet in the bedrooms, and closets. All new fixtures. Primary bedroom has a large walk-in closet 11x12, plenty of closet space! New gutters. Nice size backyard with outbuilding. All new windows-installed by Universal Windows and include a transferrable warranty except for the 1 window in the primary closet. Roof has been cleaned and checked by Roof Maxx. New HVAC installed 2021 by G&S Metal. Great location! Conveniently located near I-85, HWY 73, shopping, restaurants, and both downtown Concord and Kannapolis!

Last Agent to Sell the Property

Megan Hollaway

Call It Closed International Realty License #306621 Listed on: 08/22/2022

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,617

Year Built

  • Built in 1949

Lot Details

  • 0.4 Acre Lot
  • Property is zoned RM-2

Parking

  • 1 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Vinyl Siding
  • Asbestos

Interior Spaces

  • 1,390 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • Shelving
  • Ceiling Fan
  • Living Room with Fireplace
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 56127129130000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,617

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.4
  • Subdivision Name: None
  • Directions: From I85, take exit 55. Turn onto 73, turn left Winecoff School Rd. Left on Shadylane. House will be on the left.
  • Above Grade Finished Sq Ft: 1390
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1949
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Convection Microwave,Dishwasher,Slide-In Oven/Range, Water Heater: Electric
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Built-in Shelves, Ceiling Fan(s), Dryer Connection, Laundry Room - Main Level, Washer Connection
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1390
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Construction Type: Asbestos, Vinyl Siding
  • Foundation Details: Crawl Space
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Carport, Driveway, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Public
  • Laundry Features: Dryer Connection, Main Level, Washer Connection
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 56127129130000
  • Zoning: RM-2
  • TRIADMLS_PricePerAcre: 725000
  • TRIADMLS_DeedPage: 254
  • TRIADMLS_DeedBook: 5897
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1617
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Sep 13, 2022
Sold by
Hollaway and Megan
Bought by
Cherry Katherine Nicole
Seller's Agent
Megan Hollaway
Call It Closed International Realty
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$285,000
Sold Price
$290,000
Premium/Discount to List
$5,000
1.75%
Current Estimated Value
$294,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,124
Avg. Annual Appreciation
0.74%
Original Mortgage
$246,500
Outstanding Balance
$237,216
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$59,035

Purchase Details

Closed on
Mar 30, 2005
Sold by
Foster Kenneth J and Foster Betty
Bought by
Holloway Gregory and Roten Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 17, 2000
Sold by
Foster Maggie Alexander and Foster Martha Overcash
Bought by
Foster Randall Clayton
Source: Public Records

Range of Values:

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Average Value
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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
Cherry Katherine Nicole $290,000 --
Holloway Gregory $75,000 --
Foster Randall Clayton -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cherry Katherine Nicole $246,500
Previous Owner Holloway Jeremy $0
Previous Owner Holloway Gregory $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2022 09/13/22 Sold $290,000 +1.8% $242 / Sq Ft
08/27/2022 08/27/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $285,000 -- $238 / Sq Ft
Source: Triad MLS

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 $3,168 $279,030 $62,500 $216,530
2023 $2,184 $159,420 $35,000 $124,420
2022 $1,617 $118,030 $35,000 $83,030
2021 $1,617 $118,030 $35,000 $83,030
2020 $1,617 $118,030 $35,000 $83,030
2019 $1,237 $90,300 $21,250 $69,050
2018 $1,219 $90,300 $21,250 $69,050
2017 $1,201 $90,300 $21,250 $69,050
2016 $1,201 $98,780 $31,250 $67,530
2015 $1,245 $98,780 $31,250 $67,530
2014 $1,245 $98,780 $31,250 $67,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1081367

Triad MLS

APN: 5612-71-2913-0000