NOT LISTED FOR SALE

303 Cabarrus Ave W Concord, NC 28025

Estimated Value: $270,000 - $286,000

3 Beds
2 Baths
1,196 Sq Ft
$236/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $262,500 $219 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,719/month

277 Days on Market

Highlights

  • New Construction
  • Ranch Style House
  • Covered Patio or Porch
  • Weddington Hills Elementary School Rated A-
  • Corner Lot
  • Breakfast Bar

About This Home

As of July 2024

Cute newly constructed 3 bedroom 2 bathroom ranch on a corner lot! Close and convenient access to I-85 and downtown Concord. This home has a covered front porch, ceiling fans in bedrooms and formal living room, and a kitchen with island & breakfast area. Luxury vinyl plank floors throughout. Move-in ready and waiting for your personal touches. Perfect for a first home or investment for additional income!

Last Agent to Sell the Property

Saige Maxwell

Saige Real Estate Brokerage Email: saige@stephencooley.com License #123077 Listed on: 08/22/2023

Last Buyer's Agent

Amy Gamble

Helen Adams Realty License #197931

Helen Adams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,751

Year Built

  • Built in 2023 | New Construction

Lot Details

  • Corner Lot
  • Property is zoned RC

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,196 Sq Ft Home
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Weddington Hills Elementary School
  • Concord Middle School
  • Concord High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5620-65-3404-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,751

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 2023
  • Road Surface Type: Gravel
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 219.48
  • Geocode Confidence: High
  • Attribution Contact: saige@stephencooley.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: Breakfast Bar, Kitchen Island, Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1196
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 1196
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1196
  • Bedroom Main: 3
  • Room Count: 9

Exterior Features

  • New Construction: Yes
  • Construction Type: Site Built
  • Construction Type: Vinyl
  • Patio And Porch Features: Covered

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Concord
  • HOA Subject To: None

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.15
  • Lot Size Units: Acres
  • Parcel Number: 5620-65-3404-0000
  • Zoning: RC
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RC

MLS Schools

  • Elementary School: Weddington Hills
  • High School: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2023
Closed on
Jul 11, 2024
Sold by
Merriwether Julia Patricia and Merriwether Douglas
Bought by
Serabian Michael J
Seller's Agent
Saige Maxwell
Saige Real Estate
Buyer's Agent
Amy Gamble
Helen Adams Realty
List Price
$299,900
Sold Price
$262,500
Premium/Discount to List
-$37,400
-12.47%
Views
399
Current Estimated Value
$281,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,246
Avg. Annual Appreciation
5.73%
Original Mortgage
$183,750
Outstanding Balance
$181,572
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$100,174

Purchase Details

Listed on
Jun 29, 2022
Closed on
Nov 7, 2022
Sold by
Robertson Scott C and Robertson Ashleigh S
Bought by
Merriwether Julie Patricia
Seller's Agent
Drew Maher
DM Properties & Associates
Buyer's Agent
Robin Price
DM Properties & Associates
List Price
$60,000
Sold Price
$50,000
Premium/Discount to List
-$10,000
-16.67%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
168.33%

Purchase Details

Closed on
Jan 1, 1997
Bought by
Robertson Scott Campbell

Purchase Details

Closed on
Oct 1, 1987
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
Serabian Michael J $265,500 None Listed On Document
Merriwether Julie Patricia $50,000 --
Robertson Scott Campbell $35,000 --
-- $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serabian Michael J $183,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2024 07/12/24 Sold $262,500 -4.5% $219 / Sq Ft
04/12/2024 04/12/24 Price Changed $275,000 -6.7% $230 / Sq Ft
10/02/2023 10/02/23 Price Changed $294,900 -1.7% $247 / Sq Ft
08/25/2023 08/25/23 For Sale $299,900 +499.8% $251 / Sq Ft
11/08/2022 11/08/22 Sold $50,000 -9.1% -- View Prior Sale
09/21/2022 09/21/22 Price Changed $55,000 -8.3% --
06/29/2022 06/29/22 For Sale $60,000 -- --
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 $2,751 $276,190 $50,000 $226,190
2024 $2,751 $276,190 $50,000 $226,190
2023 $121 $9,900 $9,900 $0
2022 $121 $9,900 $9,900 $0
2021 $121 $9,900 $9,900 $0
2020 $121 $9,900 $9,900 $0
2019 $74 $6,050 $6,050 $0
2018 $73 $6,050 $6,050 $0
2017 $71 $6,050 $6,050 $0
2016 $42 $7,150 $7,150 $0
2015 $84 $7,150 $7,150 $0
2014 $84 $7,150 $7,150 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4062333

Canopy MLS (Canopy Realtor® Association)

APN: 5620-65-3404-0000