NOT LISTED FOR SALE

443 Pitts School Rd NW Concord, NC 28027

Estimated Value: $6,150,255

-- Bed
-- Bath
23,100 Sq Ft
$266/Sq Ft Est. Value

About This Home

This home is located at 443 Pitts School Rd NW, Concord, NC 28027 and is currently estimated at $6,150,255, approximately $266 per square foot. 443 Pitts School Rd NW is a home located in Cabarrus County with nearby schools including Carl A. Furr Elementary School, Roberta Road Middle School, and Jay M. Robinson High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2021
Sold by
Tempus Concord Llc
Bought by
Krupalu Inc
Current Estimated Value
$6,150,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,140,000
Outstanding Balance
$3,794,648
Interest Rate
3.01%
Mortgage Type
Commercial
Estimated Equity
$2,355,607

Purchase Details

Closed on
Jul 23, 2019
Sold by
Wheeler Real Estate Holdings Llc
Bought by
Tempus Concord Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000,000
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 2015
Sold by
Hemmingson Milton J and Hemmingson Cheryl Werkhoven
Bought by
Wheeler Real Estate Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,422,500
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2013
Sold by
Hemmingson Cheryl W
Bought by
Hemmingson Cheryl Werkhoven and The Cheryl Werkhoven Hemmingson Revocabl

Purchase Details

Closed on
Jan 1, 2013
Sold by
Hemmingson Milton J
Bought by
Hemmingson Milton Jerome

Purchase Details

Closed on
Jul 1, 1996
Sold by
Hemmingson Milton J
Bought by
Hemmingson Milton J

Purchase Details

Closed on
Dec 1, 1991
Bought by
Hemmingson Milton J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Krupalu Inc $5,300,000 None Available
Tempus Concord Llc $3,720,000 None Available
Wheeler Real Estate Holdings Llc -- Investors Title Insurance Co
Wheeler Real Estate Holdings Llc $2,600,000 Investors Title Insurance Co
Hemmingson Cheryl Werkhoven -- None Available
Hemmingson Milton Jerome -- --
Hemmingson Milton J $128,000 --
Hemmingson Milton J $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krupalu Inc $4,140,000
Previous Owner Tempus Concord Llc $20,000,000
Previous Owner Wheeler Real Estate Holdings Llc $2,422,500
Source: Public Records

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 $49,371 $4,956,970 $1,668,880 $3,288,090
2024 $49,371 $4,956,970 $1,668,880 $3,288,090
2023 $47,471 $3,891,090 $1,478,150 $2,412,940
2022 $48,179 $3,949,080 $1,478,150 $2,470,930
2021 $48,179 $3,949,080 $1,478,150 $2,470,930
2020 $48,179 $3,949,080 $1,478,150 $2,470,930
2019 $35,109 $2,877,790 $972,820 $1,904,970
2018 $34,533 $2,877,790 $972,820 $1,904,970
2017 $33,958 $2,877,790 $972,820 $1,904,970
2016 $18,307 $2,649,330 $1,070,660 $1,578,670
2015 $31,262 $2,649,330 $1,070,660 $1,578,670
2014 $31,262 $2,649,330 $1,070,660 $1,578,670
Source: Public Records

Map

North Carolina Cabarrus County Concord 28027

443 Pitts School Rd NW, Concord, NC

Not Listed for Sale

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