NOT LISTED FOR SALE

308 Patrick Ave SW Concord, NC 28025

Estimated Value: $354,514 - $376,000

3 Beds
2.5 Baths
1,733 Sq Ft
$211/Sq Ft Est. Value

Last Sold October 06, 2020

Last sale price $242,500 $140 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,309/month

1 Day on Market

Highlights

  • Wood Flooring
  • J.N. Fries Middle School Rated A-
  • Kitchen Island

About This Home

As of October 2020

Don't miss this Amazing opportunity to Live in a established neighborhood with NO HOA! This 3 bedroom 2.5 bath newly remodeled home comes with all the essentials even a POT FILLER above the stove, as well as beautiful crown molding throughout, new stainless steel appliances, breathtaking stone backsplash accented with recessed lighting and hanging Pendant lights above the Island and under cabinet lights in the kitchen. The extended concrete driveway is great for extra parking! The home also comes with a well kept shed/workshop with full electric to make your own. The Night Owl with 4 security cameras is just Icing on the cake. The home also comes with 2 attic access areas with new blown in insulation and a spacious 2 Car garage as well. Don't let the age of the home scare you away its in immaculate shape! Home will go Fast don't miss out !

Last Agent to Sell the Property

Brittany Lowder

Lowder Homes Realty LLC License #298501 Listed on: 08/21/2020

Last Buyer's Agent

Alisha Solomon

LPT Realty, LLC License #296843

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 0.28

Parking

  • 2

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Insulated Windows
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Wood
  • Tile

Additional Features

  • Outbuilding
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 5528-75-5136-0000

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 1.01042
  • Ratio Close Price By Original Li: 1.01042
  • Ratio Current Price By Acre: 866071.43
  • Ratio Current Price By Sq Ft: 139.93
  • Year Built: 1999
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 848
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), Convection Oven, Dishwasher, Electric Range, Ice Maker Connection, Microwave, Security System, Self Cleaning Oven
  • Fireplace Description: FAMILYRM, Living Room, Natural Gas
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Kitchen Island
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 885
  • Total Sq Ft: 1733
  • Sq Ft Unheated Main: 405
  • Sq Ft Unheated Total: 405

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Outbuilding

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Central Air, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Sidewalk

Schools

  • Elementary School: Unspecified
  • Middle School: C.C. Griffin
  • High School: Central Cabarrus

Lot Info

  • Lot Features: Cul-de-sac Lot
  • Lot Size Area: 0.280
  • Parcel Number: 5528-75-5136-0000
  • Zoning Specification: RM-2

Tax Info

  • Tax Value: 144730.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2020
Closed on
Oct 6, 2020
Sold by
Smith Richard N and Smith Angela D
Bought by
Walker Thomas A and Walker Krystal N
Seller's Agent
Brittany Lowder
Lowder Homes Realty LLC
Buyer's Agent
Alisha Solomon
LPT Realty, LLC
List Price
$240,000
Sold Price
$242,500
Premium/Discount to List
$2,500
1.04%
Current Estimated Value
$364,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,379
Avg. Annual Appreciation
8.59%
Original Mortgage
$242,000
Outstanding Balance
$222,568
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$136,761

Purchase Details

Closed on
Jan 8, 2003
Sold by
Smith Tammy D
Bought by
Smith Richard N

Purchase Details

Closed on
Apr 22, 1999
Sold by
Cherry Homes Inc
Bought by
Smith Richard N and Smith Tammy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,993
Interest Rate
7.13%
Mortgage Type
FHA
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
Walker Thomas A $242,000 None Available
Smith Richard N -- --
Smith Richard N $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Thomas A $242,000
Previous Owner Smith Richard N $170,000
Previous Owner Smith Richard N $136,000
Previous Owner Smith Richard N $34,000
Previous Owner Smith Richard N $46,800
Previous Owner Smith Richard N $144,993
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2020 10/06/20 Sold $242,500 +1.0% $140 / Sq Ft
08/23/2020 08/23/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $240,000 -- $138 / 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
2024 $3,531 $354,530 $80,000 $274,530
2023 $2,593 $212,500 $41,000 $171,500
2022 $2,593 $212,500 $41,000 $171,500
2021 $2,593 $212,500 $41,000 $171,500
2020 $2,183 $178,900 $41,000 $137,900
2019 $1,766 $144,730 $25,000 $119,730
2018 $1,737 $144,730 $25,000 $119,730
2017 $1,708 $144,730 $25,000 $119,730
2016 $1,013 $140,420 $25,000 $115,420
2015 $1,657 $140,420 $25,000 $115,420
2014 $1,657 $140,420 $25,000 $115,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3649245

Canopy MLS (Canopy Realtor® Association)

APN: 5528-75-5136-0000