292 Elm Ave NW Concord, NC 28025
Estimated Value: $120,000 - $174,000
2
Beds
1
Bath
955
Sq Ft
$152/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Corner Lot
- Vinyl Flooring
- Weddington Hills Elementary School Rated A-
About This Home
As of October 2018***Attention All Investors*** Great opportunity to purchase this property with long term tenant currently in place and currently renewed lease agreement in place until May 31st 2020. Don't miss this opportunity to own this income producing property right away.
Home Details
Home Type
- Single Family
Year Built
- Built in 1940
Lot Details
- 6,970
Home Design
- Ranch Style House
Additional Features
- Vinyl Flooring
- 1 Full Bathroom
- Crawl Space
- Corner Lot
Listing and Financial Details
- Assessor Parcel Number 5620483253
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 5, 2018
Closed on
Oct 12, 2018
Sold by
Alston Henry C and Alston Laura Leigh
Bought by
Dehaan Solutoins Llc
Seller's Agent
Diane Honeycutt
Allen Tate Concord
Buyer's Agent
Diane Honeycutt
Allen Tate Concord
List Price
$64,999
Sold Price
$58,000
Premium/Discount to List
-$6,999
-10.77%
Total Days on Market
79
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,028
Avg. Annual Appreciation
14.75%
Purchase Details
Closed on
May 2, 2003
Sold by
Russell Vernon A and Russell Edith B
Bought by
Alston Henry C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,800
Interest Rate
8.62%
Purchase Details
Closed on
Nov 1, 1996
Bought by
Russell Vernon A
Purchase Details
Closed on
Jun 1, 1991
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
Similar Homes in Concord, NC
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dehaan Solutoins Llc | $58,000 | None Available | |
| Alston Henry C | $56,000 | -- | |
| Russell Vernon A | $36,000 | -- | |
| -- | $27,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Alston Henry C | $44,800 | |
| Previous Owner | Alston Henry C | $5,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/12/2018 10/12/18 | Sold | $58,000 | -10.8% | $61 / Sq Ft |
| 08/23/2018 08/23/18 | Pending | -- | -- | -- |
| 07/18/2018 07/18/18 | For Sale | $64,999 | 0.0% | $68 / Sq Ft |
| 07/04/2018 07/04/18 | Pending | -- | -- | -- |
| 06/28/2018 06/28/18 | Price Changed | $64,999 | -3.0% | $68 / Sq Ft |
| 06/05/2018 06/05/18 | For Sale | $67,000 | -- | $70 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $1,190 | $119,460 | $53,000 | $66,460 |
| 2023 | $715 | $58,570 | $17,000 | $41,570 |
| 2022 | $715 | $58,570 | $17,000 | $41,570 |
| 2021 | $715 | $58,570 | $17,000 | $41,570 |
| 2020 | $715 | $58,570 | $17,000 | $41,570 |
| 2019 | $637 | $52,240 | $13,000 | $39,240 |
| 2018 | $627 | $52,240 | $13,000 | $39,240 |
| 2017 | $616 | $52,240 | $13,000 | $39,240 |
| 2016 | $366 | $56,280 | $13,000 | $43,280 |
| 2015 | $664 | $56,280 | $13,000 | $43,280 |
| 2014 | $664 | $56,280 | $13,000 | $43,280 |
Source: Public Records
Agents Affiliated with this Home
-
Diane Honeycutt
Seller's Agent in 2018
Diane Honeycutt
Allen Tate Realtors
(704) 791-2807
71 in this area
231 Total Sales
-
Chris Wagner
Seller Co-Listing Agent in 2018
Chris Wagner
Wagner Real Estate, Inc.
(704) 363-8825
4 in this area
49 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3399569
APN: 5620-48-3253-0000
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