NOT LISTED FOR SALE

403 Grace Ave NW Concord, NC 28027

Estimated Value: $122,000 - $254,000

2 Beds
1 Bath
1,280 Sq Ft
$170/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $122,500 $96 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,356/month

11 Days on Market

Highlights

  • 1-Story Property
  • Central Heating and Cooling System
  • Ceiling Fan
  • Weddington Hills Elementary School Rated A-

About This Home

As of July 2024

Don't miss this amazing investment property located minutes from both downtown Concord and Gibson Mill. This house is a perfect fix and flip or buy and hold opportunity with plenty of room to add a bedroom and/or a bathroom. This home is being sold as-is. Schedule your showing today!

Last Agent to Sell the Property

Joshua Pickens

Housewell.Com Realty of North Carolina LLC Brokerage Email: joshua@housewell.com License #321446 Listed on: 06/06/2024

Last Buyer's Agent

Team Mino

Mino Realty LLC License #326917

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,612

Year Built

  • Built in 1930

Lot Details

  • Property is zoned RV

Parking

  • Driveway

Home Design

  • Pillar, Post or Pier Foundation
  • Hardboard

Interior Spaces

  • 1,280 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Weddington Hills Elementary School
  • Harold E Winkler Middle School
  • West Cabarrus High School

Utilities

  • Central Heating and Cooling System
  • Floor Furnace

Listing and Financial Details

  • Assessor Parcel Number 5620-34-1937-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,612

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1930
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 95.70
  • Geocode Confidence: Medium
  • Attribution Contact: joshua@housewell.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Pillar/Post/Pier
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1280
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: None
  • Above Grade Finished Sq Ft: 1280
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1280
  • Bedroom Main: 2

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Hardboard Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Central, Floor Furnace
  • Sewer: County Sewer
  • Laundry Features: None
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Harold E Winkler
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5620-34-1937-0000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RV

MLS Schools

  • Elementary School: Weddington Hills
  • High School: West Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Jul 12, 2024
Sold by
Joseph & Company Llc
Bought by
Next Project Llc
Seller's Agent
Joshua Pickens
Housewell.Com Realty of North Carolina LLC
Buyer's Agent
Team Mino
Mino Realty LLC
List Price
$135,000
Sold Price
$122,500
Premium/Discount to List
-$12,500
-9.26%
Views
84
Current Estimated Value
$217,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,517
Avg. Annual Appreciation
55.78%
Original Mortgage
$154,000
Interest Rate
7.03%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 28, 2024
Sold by
Pawaroo Vulet Ahillia
Bought by
Joseph & Company Llc

Purchase Details

Closed on
Jul 23, 2014
Sold by
Ramdeen Rudolph J and Ramdeen Debbie
Bought by
City Of Concord

Purchase Details

Closed on
Dec 1, 1997
Bought by
Ramdeen Rudolph J and Ramdeen Wife

Purchase Details

Closed on
Aug 1, 1988
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
Next Project Llc $122,500 None Listed On Document
Joseph & Company Llc $106,500 None Listed On Document
City Of Concord $33,500 None Available
Ramdeen Rudolph J $37,000 --
-- $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Next Project Llc $154,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2024 07/12/24 Sold $122,500 -5.8% $96 / Sq Ft
06/12/2024 06/12/24 Price Changed $130,000 -3.7% $102 / Sq Ft
06/06/2024 06/06/24 For Sale $135,000 -- $105 / 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
2025 $2,612 $262,270 $46,000 $216,270
2024 -- $157,700 $46,000 $111,700
2023 $788 $64,630 $24,000 $40,630
2022 $788 $64,630 $24,000 $40,630
2021 $788 $64,630 $24,000 $40,630
2020 $788 $64,630 $24,000 $40,630
2019 $616 $50,480 $13,000 $37,480
2018 $606 $50,480 $13,000 $37,480
2017 $596 $50,480 $13,000 $37,480
2016 $353 $52,110 $13,000 $39,110
2015 $615 $52,110 $13,000 $39,110
2014 $615 $52,110 $13,000 $39,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4148154

Canopy MLS (Canopy Realtor® Association)

APN: 5620-34-1937-0000