NOT LISTED FOR SALE

309 Spring St SW Concord, NC 28025

Concord Area
4 Beds
2 Baths
1,581 Sq Ft
0.27 Acre Lot

Sale Details

Date Sold: February 28, 2024

Last sale price $275,000 $174 Per Sq Ft

3 Days on Market

Highlights

  • Circular Driveway
  • Front Porch
  • Laundry Room
  • R Brown Mcallister STEMElementary Rated A-
  • Living Room
  • Four Sided Brick Exterior Elevation

About This Home

As of February 2024

FANTASTIC INVESTMENT OPPORTUNITY! Highly sought after DUPLEX close to downtown Concord. BRICK, EASY-TO-MAINTAIN property. Right side is vacant. Left side has a tenant until May 31, 2024. Units are a mirror image of each other. Each apartment: 2 bedrooms, 1 bathroom, living room, kitchen with dining area, front porch, back patio, and laundry room (unheated) on each side. Roof is 6-8 years old. Each side has it's own heat pump. Tenants pay all utilities. Duplex being sold AS-IS. UNIT 311 AVAILABLE TO SEE. MULTIPLE OFFERS RECEIVED. ALL OFFERS NEED TO BE SUBMITTED BY 1PM TUESDAY 1/9/24.

Last Agent to Sell the Property

Kris Gallagher

Southern Homes of the Carolinas, Inc Brokerage Email: krisgallagher02@gmail.com License #279584 Listed on: 01/06/2024

Last Buyer's Agent

MLH Investment Grou

Southern Homes of the Carolinas, Inc License #282173

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 0.27

Parking

  • Circular Driveway

Home Design

  • Duplex
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,581 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Area
  • Crawl Space
  • Electric Oven

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Front Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for exterior maintenance
  • Assessor Parcel Number 5630-04-8909-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

0.27 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1982
  • Road Surface Type: Dirt, Gravel, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: krisgallagher02@gmail.com
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Linoleum, Vinyl
  • Interior Amenities: Attic Other
  • Sq Ft Unheated Basement: 0
  • Room Other: Primary Bedroom,Bedroom(s),Bathroom(s),Kitchen,Living Room,Dining Area,Laundry
  • Appliances: Electric Oven, Electric Water Heater, Refrigerator
  • Owner Pays: Exterior Maintenance
  • Above Grade Finished Sq Ft: 1581
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1581
  • Building Stories: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Full
  • Patio And Porch Features: Front Porch, Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Circular Driveway, Parking Space(s)

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Outside
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5630-04-8909-0000
  • Zoning: RC
  • Lot Size: 146' x 80' per GIS
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RC

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: No

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2024
Closed on
Feb 28, 2024
Sold by
Bought by
Seller's Agent
Kris Gallagher
Southern Homes of the Carolinas, Inc
Buyer's Agent
MLH Investment Grou
Southern Homes of the Carolinas, Inc
List Price
$260,000
Sold Price
$275,000
Premium/Discount to List
$15,000
5.77%
Views
106

Purchase Details

Closed on
Sep 6, 2018
Sold by
Bought by

Purchase Details

Closed on
May 29, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
0.0617%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 1981
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$275,000 Southern Homes Title
$105,000 None Available
$104,000 None Available
$5,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $76,893
Previous Owner $78,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/28/2024 02/28/24 Sold $275,000 +5.8% $174 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
01/06/2024 01/06/24 For Sale $260,000 -- $164 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,176 $218,440 $50,000 $168,440
2024 $2,176 $218,440 $50,000 $168,440
2023 $1,309 $107,320 $30,000 $77,320
2022 $1,309 $107,320 $30,000 $77,320
2021 $1,309 $107,320 $30,000 $77,320
2020 $1,309 $107,320 $30,000 $77,320
2019 $1,042 $85,440 $20,000 $65,440
2018 $1,025 $85,440 $20,000 $65,440
2017 $1,008 $85,440 $20,000 $65,440
2016 $598 $82,350 $20,000 $62,350
2015 $972 $82,350 $20,000 $62,350
2014 $972 $82,350 $20,000 $62,350
Source: Public Records

Agents Affiliated with this Home

  • Kris Gallagher

    Seller's Agent in 2024

    Kris Gallagher

    Southern Homes of the Carolinas, Inc

    (704) 960-0009

    1 in this area

    53 Total Sales

    Kris Gallagher
    Section Image

  • M

    Buyer's Agent in 2024

    MLH Investment Grou

    Southern Homes of the Carolinas, Inc

    (980) 253-7173

    6 Total Sales

    MLH Investment Grou
    Section Image
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Map

Source: Canopy MLS

MLS Number: 4096715

Canopy MLS
North Carolina Cabarrus County Concord 28025

309 Spring St SW, Concord, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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