T
Seller's Agent in 2025
Tim Harrell
Redwood Realty Group LLC
(704) 345-5112
2 in this area
61 Total Sales
315 Hamilton Dr NE Concord, NC 28025
16
Beds
--
Bath
7,508
Sq Ft
0.56
Acres
Highlights
- Traditional Architecture
- Laundry Room
- Vinyl Flooring
- Patio
- Central Heating and Cooling System
About This Home
As of February 2025Turn-key investment opportunity close to downtown Concord in the Brookwood community. Eight units completely renovated and improved with a modern Old English touch. Exterior freshly painted and parking lot recently resealed and striped. Seven of eight units currently leased, with the eighth listed for lease. Excellent income potential with property management company in place for a seamless transition should buyer so choose. Each unit has laundry in kitchen, and outside storage closet. Off street parking and all units individually metered for power and water. Trash and landscaping is landlord cost.
Last Agent to Sell the Property
Redwood Realty Group LLC Brokerage Email: tim.harrell@redwoodrg.com License #223183 Listed on: 12/09/2024
Co-Listed By
JLF Management Group LLC Brokerage Email: tim.harrell@redwoodrg.com License #260483
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,856
Year Built
- Built in 1973
Parking
- Parking Lot
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Hardboard
Interior Spaces
- 16 Bedrooms
- 7,508 Sq Ft Home
- Property has 2 Levels
- Insulated Windows
- Vinyl Flooring
- Laundry Room
Kitchen
- Electric Range
- Dishwasher
- Disposal
Outdoor Features
- Patio
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Tenant pays for all utilities
- The owner pays for exterior maintenance, trash collection
- Assessor Parcel Number 5621-72-8692-0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 9, 2024
Closed on
Feb 11, 2025
Sold by
Morehead Investments Nc Llc
Bought by
Martinez Ana M
Seller's Agent
Tim Harrell
Redwood Realty Group LLC
Buyer's Agent
Glen Tucker
RE/MAX Leading Edge
List Price
$1,695,000
Sold Price
$1,430,000
Premium/Discount to List
-$265,000
-15.63%
Views
74
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
$6,282
Avg. Annual Appreciation
3.16%
Purchase Details
Listed on
Sep 7, 2023
Closed on
Oct 5, 2023
Sold by
Concord W H
Bought by
Morehead Investments Nc Llc
Seller's Agent
Cindy Snyder
RE/MAX Leading Edge
Buyer's Agent
Josh Waring
Networth Realty of Charlotte LLC
List Price
$800,000
Sold Price
$950,000
Premium/Discount to List
$150,000
18.75%
Views
7
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.79%
Original Mortgage
$823,050
Interest Rate
7.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 1, 1983
Purchase Details
Closed on
Aug 1, 1979
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,430,000 | None Listed On Document | |
| Warranty Deed | $1,430,000 | None Listed On Document | |
| Warranty Deed | $950,000 | Harbor City Title | |
| Warranty Deed | $83,000 | -- | |
| Warranty Deed | $73,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $823,050 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/17/2025 02/17/25 | Sold | $1,430,000 | -7.7% | $190 / Sq Ft |
| 01/28/2025 01/28/25 | Pending | -- | -- | -- |
| 01/21/2025 01/21/25 | Price Changed | $1,549,000 | -8.6% | $206 / Sq Ft |
| 12/09/2024 12/09/24 | For Sale | $1,695,000 | +78.4% | $226 / Sq Ft |
| 10/05/2023 10/05/23 | Sold | $950,000 | +18.8% | $129 / Sq Ft |
| 09/08/2023 09/08/23 | Pending | -- | -- | -- |
| 09/07/2023 09/07/23 | For Sale | $800,000 | -- | $109 / 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 | $6,856 | $688,390 | $70,460 | $617,930 |
| 2023 | $4,103 | $336,310 | $54,350 | $281,960 |
| 2022 | $4,103 | $336,310 | $54,350 | $281,960 |
| 2021 | $4,103 | $336,310 | $54,350 | $281,960 |
| 2020 | $4,103 | $336,310 | $54,350 | $281,960 |
| 2019 | $5,088 | $417,050 | $44,470 | $372,580 |
| 2018 | $5,005 | $417,050 | $44,470 | $372,580 |
| 2017 | $4,921 | $417,050 | $44,470 | $372,580 |
| 2016 | $2,919 | $322,460 | $66,710 | $255,750 |
| 2015 | $3,805 | $322,460 | $66,710 | $255,750 |
| 2014 | $3,805 | $322,460 | $66,710 | $255,750 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2025
Sam Cowles
JLF Management Group LLC
(704) 707-4656
1 in this area
6 Total Sales
-
Buyer's Agent in 2025
Glen Tucker
RE/MAX
(704) 791-5667
16 in this area
160 Total Sales
-
Seller's Agent in 2023
Cindy Snyder
RE/MAX
(704) 699-7282
12 in this area
90 Total Sales
-
J
Buyer's Agent in 2023
Josh Waring
Networth Realty of Charlotte LLC
(704) 449-0621
3 in this area
17 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4205906
APN: 5621-72-8692-0000
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