NOT LISTED FOR SALE

40 Franklin Ave NW Concord, NC 28025

Downtown Concord Neighborhood

Estimated Value: $798,362

5 Beds
3 Baths
4,467 Sq Ft
$179/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $625,000 $140 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,014/month

12 Days on Market

Highlights

  • Greenhouse
  • Engineered Wood Flooring
  • Victorian Architecture
  • Coltrane-Webb Elementary School Rated A-
  • Outdoor Fireplace
  • 3-minute walk to Coltrane-Webb Playground

About This Home

As of July 2021

Over 1.5 acres of beautiful grounds in Historic Concord complete with charming 1800's Victorian. The details in this home are unprecedented. Ornate wood inlay flooring recently refinished for the first time, original door knobs, re-glazed lead windows, wrap around front porch, detailed moulding, original fireplaces, etc. HVAC system/ductwork replaced with Nest thermostats. New tankless hot water heater. Features continue outdoors with an enclosed breakfast porch, koi pond with new filter, pergola, gazebo, outdoor fireplace, pollinating garden, numerous garden beds and the most picturesque green house. Ideal location for weddings, bed & breakfast, garden or personal home to enjoy.

Last Agent to Sell the Property

Lauren Dayton

Helen Adams Realty License #72965 Listed on: 03/21/2021

Helen Adams Realty

Last Buyer's Agent

Chad Jones

RE/MAX Results License #284586

RE/MAX Results

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1882

Lot Details

  • Corner Lot

Parking

  • Gravel Driveway

Home Design

  • Victorian Architecture
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • Gas Log Fireplace
  • Crawl Space

Flooring

  • Engineered Wood
  • Tile

Outdoor Features

  • Outdoor Fireplace
  • Greenhouse
  • Gazebo
  • Shed

Listing and Financial Details

  • Assessor Parcel Number 5620-79-3073-0000

Home Details

Home Type

Single Family

Year Built

Built in 1882

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Victorian
  • Ratio Close Price By List Price: 0.96154
  • Ratio Close Price By Original Li: 0.96154
  • Ratio Current Price By Acre: 388198.76
  • Ratio Current Price By Sq Ft: 139.91
  • Year Built: 1882
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Upper Level Sq Ft: 2383
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Equipment: Dryer, Electric Range, Refrigerator, Security System, Washer
  • Fireplace Description: Gas Logs, Living Room, Primary Bedroom
  • Fireplace: Yes
  • Fixture Exception Description: Fountains & Birdbaths
  • Fixture Exception Yn: Yes
  • Flooring: Prefinished Wood, Tile, Wood
  • Interior Amenities: Attic Other
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 2084
  • Total Sq Ft: 4467
  • Sq Ft Unheated Basement: 327
  • Sq Ft Unheated Main: 555
  • Sq Ft Unheated Total: 1086
  • Sq Ft Unheated Upper: 204

Exterior Features

  • Construction: Aluminum, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Gazebo, Greenhouse, Outdoor Fireplace, Shed(s)

Garage/Parking

  • Driveway: Gravel
  • Parking: Parking Space - 4+

Utilities

  • Heating: Central Air, Radiant Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Schools

  • Elementary School: Coltrane-webb
  • Middle School: Concord
  • High School: Concord

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 1.610
  • Parcel Number: 5620-79-3073-0000
  • Zoning Specification: RC

Tax Info

  • Tax Value: 447810.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2021
Closed on
Jul 14, 2021
Sold by
Monks David and Monks Christine
Bought by
Phifer Toby Leon and Phifer Kelley Elizabeth
Seller's Agent
Lauren Dayton
Helen Adams Realty
Buyer's Agent
Chad Jones
RE/MAX Results
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%
Current Estimated Value
$798,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,362
Avg. Annual Appreciation
6.12%
Original Mortgage
$400,000
Outstanding Balance
$309,703
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$488,659

Purchase Details

Closed on
Aug 27, 2018
Sold by
Cynthia Craig Neal
Bought by
Monks David and Monks Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.51%

Purchase Details

Closed on
Jul 10, 2018
Sold by
Neal Cynthia Craig
Bought by
Monks David and Monks Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.51%

Purchase Details

Closed on
May 1, 2011
Sold by
Craig Louise C
Bought by
Carpenter Craig Louise
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Phifer Toby Leon $625,000 None Available
Monks David -- --
Monks David $425,000 None Available
Carpenter Craig Louise -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phifer Toby Leon $400,000
Previous Owner Monks David $335,914
Previous Owner Monks David $340,000
Previous Owner Monks David --
Previous Owner Monks David $340,000
Previous Owner Craig Louise C $114,500
Previous Owner Craig Louise C $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2021 07/15/21 Sold $625,000 -3.8% $140 / Sq Ft
04/02/2021 04/02/21 Pending -- -- --
03/21/2021 03/21/21 For Sale $650,000 -- $146 / 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 $8,079 $811,150 $306,320 $504,830
2023 $6,944 $569,140 $272,290 $296,850
2022 $6,944 $447,810 $272,290 $175,520
2021 $5,463 $447,810 $272,290 $175,520
2020 $5,463 $447,810 $272,290 $175,520
2019 $4,918 $403,080 $147,490 $255,590
2018 $7,126 $593,800 $147,490 $446,310
2017 $7,007 $593,800 $147,490 $446,310
2016 $4,157 $587,740 $147,490 $440,250
2015 $6,912 $585,760 $147,490 $438,270
2014 $6,912 $585,760 $147,490 $438,270
Source: Public Records

Agents Affiliated with this Home

  • Lauren Dayton

    Seller's Agent in 2021

    Lauren Dayton

    Helen Adams Realty

    (704) 804-0223

    4 in this area

    221 Total Sales

    Lauren Dayton
    Section Image
  • Chad Jones

    Buyer's Agent in 2021

    Chad Jones

    RE/MAX

    (704) 524-9379

    1 in this area

    100 Total Sales

    Chad Jones
    Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3720277

Canopy MLS (Canopy Realtor® Association)

APN: 5620-79-3073-0000

North Carolina Cabarrus County Concord 28025 Downtown Concord

40 Franklin Ave NW, Concord, NC

This home is located at 40 Franklin Ave NW, Concord, NC 28025 since 21 March 2021 and is currently estimated at $798,362, approximately $178 per square foot. This property was built in 1882. 40 Franklin Ave NW is a home located in Cabarrus County with nearby schools including Coltrane-Webb Elementary School, Concord Middle School, and Concord High School.

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 (Canopy Realtor® Association) Based on information submitted to the MLS GRID. 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.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes