NOT LISTED FOR SALE

4293 Flowes Store Rd Concord, NC 28025

Estimated Value: $250,000 - $529,000

8 Beds
4 Baths
4,086 Sq Ft
$93/Sq Ft Est. Value

Last Sold February 02, 2012

Last sale price $60,000 $15 Per Sq Ft

Est. 534% increase in value since last sale

Current estimated payment $2,363/month

38 Days on Market

Highlights

  • Deck
  • No HOA
  • Breakfast Room
  • Great Room
  • Cottage
  • Patio

About This Home

As of February 2012

3 friendly little homes on 2.61 +/- ac just far enough away from the city bustle! All 3 homes need work but could be a great place to live and produce income. This could be a GREAT investment Pick-up. Ideal Opportunity

Last Agent to Sell the Property

Team Heidi

Hines & Associates Realty LLC Brokerage Email: Homes@HeidiHines.com License #169147 Listed on: 12/12/2011

Hines & Associates Realty LLC

Co-Listed By

Tim Brown

Hines & Associates Realty LLC Brokerage Email: Homes@HeidiHines.com License #193245

Last Buyer's Agent

Sandy Thompson

NorthGroup Real Estate LLC License #214021

NorthGroup Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,744

Year Built

  • Built in 1936

Lot Details

  • 2.61 Acre Lot

Home Design

  • Cottage
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 4,086 Sq Ft Home
  • Ceiling Fan
  • Insulated Windows
  • Great Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Utility Room
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • Detached Carport Space
  • 4 Open Parking Spaces

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 5548-08-2735-0000
  • Tax Block Lot 1-5

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,744

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Other
  • Architectural Style: Cottage
  • Year Built: 1936
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt, Dirt
  • ResoPropertyType: ResidentialIncome
  • Primary Residence Yn: 0
  • Property Sub Type Additional: Other
  • Attribution Contact: Homes@HeidiHines.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Slab
  • Fireplace: No
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Attic Other, Cable Prewire
  • Room Other: Bedroom(s),Breakfast,Den,Dining Room,Great Room,Kitchen,Laundry,Living Room,Mud,Primary Bedroom,Utility Room
  • Appliances: Electric Oven, Electric Range, Electric Water Heater
  • Owner Pays: None
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Living Area: 4086
  • Window Features: Insulated Window(s)
  • Room Count: 0
  • Sq Ft Other: 0

Exterior Features

  • New Construction: No
  • Construction Type: Vinyl
  • Patio And Porch Features: Deck, Patio, Other - See Remarks

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Carport, Parking Space(s)

Utilities

  • Heating: Central, Electric, Forced Air
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Utility Room, Main Level
  • Cooling: Ceiling Fan(s)
  • Water Source: City

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 2.61
  • Lot Size Units: Acres
  • Parcel Number: 5548-08-2735-0000
  • Lot Size Acres: 2.61
  • Lot Size: 2.61
  • Lot Size Sq Ft: 113691
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RESID

Green Features

  • Green Verification Count: 1

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Block: Lot 1-5

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2011
Closed on
Jan 31, 2012
Sold by
Branch Banking & Trust Company
Bought by
Bridgers Ii Michael L and Bridgers Emily F
Seller's Agent
Team Heidi
Hines & Associates Realty LLC
Buyer's Agent
Sandy Thompson
NorthGroup Real Estate LLC
List Price
$129,900
Sold Price
$60,000
Premium/Discount to List
-$69,900
-53.81%
Total Days on Market
38
Current Estimated Value
$380,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,216
Avg. Annual Appreciation
13.73%

Purchase Details

Closed on
Aug 22, 2006
Sold by
Tallent George M and Tallent Deborah Sue
Bought by
Jcm Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1987
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
Bridgers Ii Michael L $60,000 None Available
Jcm Investments Llc $185,000 Statewide Title Inc
-- $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jcm Investments Llc $177,000
Previous Owner Tallent George M $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2012 02/02/12 Sold $60,000 -53.8% $15 / Sq Ft
01/19/2012 01/19/12 Pending -- -- --
12/12/2011 12/12/11 For Sale $129,900 -- $32 / 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 $2,744 $400,000 $88,370 $311,630
2023 $1,889 $222,190 $48,840 $173,350
2022 $1,844 $222,190 $48,840 $173,350
2021 $1,811 $222,190 $48,840 $173,350
2020 $1,811 $222,190 $48,840 $173,350
2019 $1,485 $182,190 $58,140 $124,050
2018 $1,448 $182,190 $58,140 $124,050
2017 $1,353 $179,210 $58,140 $121,070
2016 $1,353 $182,230 $58,140 $124,090
2015 $1,358 $182,230 $58,140 $124,090
2014 $1,358 $182,230 $58,140 $124,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 2056012

Canopy MLS (Canopy Realtor® Association)

APN: 5548-08-2735-0000