K
Seller's Agent in 2023
Ken Bumgarner
Premier Sotheby's International Realty
(704) 439-3300
2 in this area
10 Total Sales
407 Spring St SW Concord, NC 28025
Estimated Value: $202,000 - $222,181
2
Beds
1
Bath
750
Sq Ft
$280/Sq Ft
Est. Value
Highlights
- Family Room with Fireplace
- Enclosed Patio or Porch
- Tile Flooring
- R Brown Mcallister STEMElementary Rated A-
- Bungalow
- 1-Story Property
About This Home
As of May 2023This is a charming bungalow-style home located in Concord, NC. This cozy property features two bedrooms, one bathroom, and an updated kitchen with stainless steel appliances and granite countertops. The spacious living area boasts plenty of natural light. Back porch has been enclosed to include more living space permits were not pulled. Backyard has plenty of room to entertain! Don't miss out on the opportunity to own this delightful home in a desirable location. Fireplace is sold as is. Driveway is shared.
Property is not located in historic district of Concord.
Last Agent to Sell the Property
Premier Sotheby's International Realty Brokerage Email: kbumgarner@helenadamsrealty.com License #336950 Listed on: 04/20/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,846
Year Built
- Built in 1980
Lot Details
- Privacy Fence
- Fenced
- Property is zoned RC
Parking
- Driveway
Home Design
- Bungalow
- Vinyl Siding
- Four Sided Brick Exterior Elevation
Interior Spaces
- 1-Story Property
- Wood Burning Fireplace
- Family Room with Fireplace
- Crawl Space
- Washer and Electric Dryer Hookup
Kitchen
- Electric Oven
- Electric Range
- Microwave
- Dishwasher
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Outdoor Features
- Enclosed Patio or Porch
Schools
- Mcallister Elementary School
- Concord Middle School
- Concord High School
Utilities
- Central Air
- Electric Water Heater
- Cable TV Available
Community Details
- Fairview Subdivision
Listing and Financial Details
- Assessor Parcel Number 56301450390000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 20, 2023
Closed on
May 26, 2023
Sold by
Peterson Nolen and Kern Ann
Bought by
Rea Mario Esau Hernand
Seller's Agent
Ken Bumgarner
Premier Sotheby's International Realty
Buyer's Agent
Janae McAfee
COMPASS
List Price
$190,000
Sold Price
$190,000
Views
90
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
$20,295
Avg. Annual Appreciation
4.08%
Original Mortgage
$183,100
Outstanding Balance
$177,896
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$32,399
Purchase Details
Closed on
Jan 8, 2021
Sold by
Newton Properties & Investments Llc
Bought by
Peterson Nolen and Rasche Keri Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,190
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 1, 1988
Purchase Details
Closed on
Jul 1, 1980
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rea Mario Esau Hernand | $190,000 | Meridian Title | |
| Peterson Nolen | $127,000 | Meridian Title Co | |
| -- | $21,500 | -- | |
| -- | $29,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rea Mario Esau Hernand | $183,100 | |
| Previous Owner | Peterson Nolen | $123,190 | |
| Previous Owner | Peterson Nolen | $8,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/26/2023 05/26/23 | Sold | $190,000 | 0.0% | $253 / Sq Ft |
| 04/23/2023 04/23/23 | Pending | -- | -- | -- |
| 04/20/2023 04/20/23 | For Sale | $190,000 | -- | $253 / 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 |
|---|---|---|---|---|
| 2025 | $1,846 | $185,350 | $45,000 | $140,350 |
| 2024 | $1,846 | $185,350 | $45,000 | $140,350 |
| 2023 | $1,029 | $84,370 | $27,000 | $57,370 |
| 2022 | $1,029 | $65,160 | $27,000 | $38,160 |
| 2021 | $795 | $65,160 | $27,000 | $38,160 |
| 2020 | $795 | $65,160 | $27,000 | $38,160 |
| 2019 | $615 | $50,440 | $18,000 | $32,440 |
| 2018 | $605 | $50,440 | $18,000 | $32,440 |
| 2017 | $595 | $50,440 | $18,000 | $32,440 |
| 2016 | $353 | $47,840 | $18,000 | $29,840 |
| 2015 | $565 | $47,840 | $18,000 | $29,840 |
| 2014 | $565 | $47,840 | $18,000 | $29,840 |
Source: Public Records
Agents Affiliated with this Home
-
Ken Bumgarner
-
Janae McAfee
Buyer's Agent in 2023
Janae McAfee
COMPASS
(704) 957-6088
5 in this area
48 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4022025
APN: 5630-14-5039-0000
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