NOT LISTED FOR SALE

331 Melrose Dr SW Concord, NC 28025

Estimated Value: $273,000 - $303,310

4 Beds
2 Baths
1,677 Sq Ft
$173/Sq Ft Est. Value

Sale Details

Date Sold: July 29, 2021

Last sale price $220,000 $131 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,714 / mo

16 Days on Market

Highlights

  • Open Floorplan
  • Vinyl Plank Flooring
  • 4-minute walk to Marvin Caldwell Park
  • 1-Story Property

About This Home

As of July 2021

Welcome home to your FULLY renovated new and improved GEM. This charming beauty is ready for a new owner(s) to enjoy! Sitting on a HUGE lot, giving space for front yard and plenty of backyard activities, only 1.5 miles from Downtown Concord. LOCATION, LOCATION, LOCATION. You'll walk into a great room followed by an open dining area and kitchen with plenty of space and even more cabinet space! This 4 bedroom 2 bath includes a master bedroom plus 3 spacious rooms (brand new carpet in rooms). There was nothing left untouched from a brand new roof, new plumbing, new electrical, new HVAC, new windows, LVP flooring, ALL new finishes inside and so much more! Outside, you have a back porch and patio paired with brand new exterior siding. There is even space for landscaping and gardening! Wow! Are you ready to call this home? The possibilities are endless! Schedule your showing, this one will not last long.

Last Agent to Sell the Property

Bre Gaither

BG Luxe Realty License #318636 Listed on: 05/19/2021

Last Buyer's Agent

Dawn Gilliam

ALBRICK License #272872

ALBRICK

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 9,583

Home Design

  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1-Story Property
  • Open Floorplan
  • Crawl Space
  • Oven

Flooring

  • Carpet
  • Vinyl Plank

Listing and Financial Details

  • Assessor Parcel Number 5620-82-7739-0000

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.00457
  • Ratio Close Price By Original Li: 0.95652
  • Ratio Current Price By Acre: 1000000.00
  • Ratio Current Price By Sq Ft: 131.19
  • Year Built: 1940
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Oven, Oven
  • Flooring: Carpet, Vinyl Plank
  • Interior Amenities: Open Floorplan
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1677
  • Total Sq Ft: 1677

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Parcel Number: 5620-82-7739-0000
  • Zoning Specification: RC

Tax Info

  • Tax Value: 67000.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2021
Sold by
Jennings Judith Iris
Bought by
Jennings Judith Iris and Pulliam Ecolia C
Current Estimated Value
$282,245

Purchase Details

Listed on
May 19, 2021
Closed on
Jul 14, 2021
Sold by
Atlantis Properties Llc
Bought by
Jennings Judith Iris
Seller's Agent
Bre Gaither
BG Luxe Realty
Buyer's Agent
Dawn Gilliam
ALBRICK
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$220,000
Outstanding Balance
$199,707
Interest Rate
2.93%
Mortgage Type
VA
Estimated Equity
$90,621

Purchase Details

Closed on
Jun 19, 2020
Sold by
Martinez Maria
Bought by
Atlantis Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
3.2%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 31, 2014
Sold by
Lippard Christopher W and Lippard Emily L
Bought by
Martinez Maria

Purchase Details

Closed on
Jan 4, 2009
Sold by
Christopher W Lippard Family Trust
Bought by
Lippard Christopher W

Purchase Details

Closed on
Jan 31, 2007
Sold by
Lippard Christopher W and Lippard Emily L
Bought by
Smith Bereneice

Purchase Details

Closed on
Apr 16, 2002
Sold by
Lippard Jeffrey C and Lippard Anya C
Bought by
Lippard Jeffrey C and Lippard Christopher W

Purchase Details

Closed on
Nov 18, 2001
Sold by
Emc Mtg Corp
Bought by
Lippard Jeffrey C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.6%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 28, 2000
Sold by
Asbury Mary L
Bought by
United Companies Lending Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jennings Judith Iris -- None Available
Jennings Judith Iris $220,000 None Available
Atlantis Properties Llc $68,000 None Available
Martinez Maria $12,000 None Available
Lippard Christopher W -- None Available
Smith Bereneice -- None Available
Lippard Jeffrey C -- --
Lippard Jeffrey C $46,000 --
United Companies Lending Corp $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jennings Judith Iris $220,000
Previous Owner Atlantis Properties Llc $66,000
Previous Owner Lippard Jeffrey C $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2021 07/29/21 Sold $220,000 +0.5% $131 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
06/02/2021 06/02/21 Price Changed $219,000 -4.8% $131 / Sq Ft
05/19/2021 05/19/21 For Sale $230,000 -- $137 / Sq Ft
Source: Canopy MLS

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 $2,333 $279,190 $44,000 $235,190
2024 $2,781 $279,190 $44,000 $235,190
2023 $1,968 $161,340 $9,000 $152,340
2022 $1,968 $68,500 $9,000 $59,500
2021 $836 $68,500 $9,000 $59,500
2020 $836 $68,500 $9,000 $59,500
2019 $657 $53,830 $6,500 $47,330
2018 $646 $53,830 $6,500 $47,330
2017 $635 $53,830 $6,500 $47,330
2016 $377 $53,050 $6,500 $46,550
2015 $626 $53,050 $6,500 $46,550
2014 $626 $53,050 $6,500 $46,550
Source: Public Records

Agents Affiliated with this Home

  • Bre Gaither

    Seller's Agent in 2021

    Bre Gaither

    BG Luxe Realty

    (980) 689-8458

    3 in this area

    62 Total Sales

    Bre Gaither
    Section Image
  • Dawn Gilliam

    Buyer's Agent in 2021

    Dawn Gilliam

    ALBRICK

    (803) 985-1240

    2 in this area

    73 Total Sales

    Dawn Gilliam
    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3741593

Canopy MLS

APN: 5620-82-7739-0000

North Carolina Cabarrus County Concord 28025

331 Melrose Dr SW, Concord, NC

Not Listed for Sale

Detached

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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

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