NOT LISTED FOR SALE

2956 Rankin Rd Concord, NC 28027

Estimated Value: $403,000 - $471,000

3 Beds
2 Baths
1,740 Sq Ft
$246/Sq Ft Est. Value

Last Sold February 02, 2021

Last sale price $350,000 $201 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,239/month

20 Days on Market

Highlights

  • Private Lot
  • Wooded Lot
  • Wood Flooring
  • Charles E. Boger Elementary School Rated A-
  • Ranch Style House
  • Attached Garage

About This Home

As of February 2021

Here's a rare opportunity to own waterview property on Coddle Creek Reservior!! This location is AMAZING!! With 2.6 acres and being the last home on Rankin Rd it offers unlimited peace, privacy and plenty of space to live your life the way you want! NO HOA! Sit on your back porch and peer into the woods and the reservior. This property is a must see and will not last long!

NOTE**Lake access on Coddle Creek Reservoir is restricted and county owns all land that is adjoined to it. Enjoy the view and privacy.

Last Agent to Sell the Property

Joseph Schellenbach

The Lake Team LLC License #301281 Listed on: 12/14/2020

Co-Listed By

James Soderberg

The Lake Team LLC License #274774

Last Buyer's Agent

Ethan Rowan

Century 21 Echelon License #298836

Century 21 Echelon

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • Private Lot
  • Wooded Lot
  • Many Trees

Parking

  • Attached Garage
  • Gravel Driveway

Home Design

  • Ranch Style House

Interior Spaces

  • 2 Full Bathrooms
  • Wood Burning Fireplace

Flooring

  • Wood
  • Tile

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4692-24-0782-0000

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

0

Parking

4

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 134615.38
  • Ratio Current Price By Sq Ft: 201.15
  • Year Built: 1991
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Concrete
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), g-Dual Flush Toilets
  • Fireplace Description: Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1740
  • Total Sq Ft: 1740

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Auto Shop

Garage/Parking

  • Driveway: Gravel
  • Parking: Attached Garage, Detached Garage, Garage - 4+ Car, Parking Space - 4+, Side Load Garage

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: Irregular
  • Lot Features: Private, Trees, Views, Water view, Wooded
  • Lot Size Area: 2.600
  • Parcel Number: 4692-24-0782-0000
  • Zoning Specification: AO

Tax Info

  • Tax Value: 206600.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2020
Closed on
Jan 27, 2021
Sold by
Fishel Robert W and Cogar Viorica
Bought by
Schaut Richard Karl and Siegel Karl Morris
Seller's Agent
Joseph Schellenbach
The Lake Team LLC
Buyer's Agent
Ethan Rowan
Century 21 Echelon
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$396,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,169
Avg. Annual Appreciation
4.36%
Original Mortgage
$315,000
Outstanding Balance
$281,587
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$146,364

Purchase Details

Closed on
Nov 8, 2015
Sold by
Fishel Sharon T
Bought by
Fishel Robert W

Purchase Details

Closed on
Jan 16, 2004
Sold by
Collings Mcneal N
Bought by
Fishel Robert W and Fishel Sharon T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2003
Sold by
Musgrove Russell T and Musgrove Kimberly M
Bought by
Collings Mcneal N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
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
Schaut Richard Karl $350,000 None Available
Fishel Robert W -- Chicago Title Insruance Comp
Fishel Robert W $175,000 --
Collings Mcneal N $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaut Richard Karl $315,000
Previous Owner Fishel Robert W $157,500
Previous Owner Collings Mcneal N $161,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2021 02/02/21 Sold $350,000 0.0% $201 / Sq Ft
01/03/2021 01/03/21 Pending -- -- --
12/28/2020 12/28/20 For Sale $350,000 0.0% $201 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
12/14/2020 12/14/20 For Sale $350,000 -- $201 / 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 $1,932 $304,230 $47,810 $256,420
2024 $1,914 $301,400 $47,810 $253,590
2023 $1,879 $227,700 $81,340 $146,360
2022 $1,840 $206,600 $73,210 $133,390
2021 $1,669 $206,600 $73,210 $133,390
2020 $1,669 $206,600 $73,210 $133,390
2019 $1,467 $181,530 $64,220 $117,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3691126

Canopy MLS (Canopy Realtor® Association)

APN: 4692-24-0783-0000