NOT LISTED FOR SALE

48 Pinecrest Dr SW Concord, NC 28027

Estimated Value: $186,724 - $232,000

2 Beds
1 Bath
924 Sq Ft
$223/Sq Ft Est. Value

Last Sold October 05, 2018

Last sale price $45,000 $49 Per Sq Ft

Est. 358% increase in value since last sale

Current estimated payment $1,291/month

28 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Fireplace
  • J.N. Fries Middle School Rated A-

About This Home

As of October 2018

Older home sold as is.This property is eligible under the Freddie Mac First Look Initiative through 9/3/2018. Seller has 21-Day offer submission Period 8/14/2018- 9/4/2018. Highest and best offer to be submitted by buyer. **See 21-Day Marketing Period Offer Form attached**

Last Agent to Sell the Property

Taren Myrick

ProStead Realty License #208681 Listed on: 08/15/2018

ProStead Realty

Last Buyer's Agent

Nettie Bergh

Carolina Homes Realty License #269119

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.35

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • Fireplace

Flooring

  • Wood
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 5529-25-6523-0000

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.81967
  • Ratio Close Price By Original Li: 0.81967
  • Ratio Current Price By Acre: 128571.43
  • Ratio Current Price By Sq Ft: 48.70
  • Year Built: 1950
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Outside Entrance
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 924
  • Total Sq Ft: 924
  • Sq Ft Unheated Basement: 924
  • Sq Ft Unheated Total: 924

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Earth

Utilities

  • Heating: No A/C
  • Sewer: City Sewer
  • Water: City Water

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 75x209
  • Lot Features: Paved Frontage
  • Lot Size Area: 0.350
  • Parcel Number: 5529-25-6523-0000
  • Zoning Specification: RV

Tax Info

  • Tax Value: 81340.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2021
Sold by
Yanes Edwin L and Yanes Nancy M
Bought by
Jiminez Angel Noe Perez and Perez Maria D
Current Estimated Value
$206,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Outstanding Balance
$133,969
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$61,651

Purchase Details

Listed on
Aug 15, 2018
Closed on
Oct 5, 2018
Sold by
Yanes Edwin
Bought by
Yanes Edwin L and Yanes Nancy M
Seller's Agent
Taren Myrick
ProStead Realty
Buyer's Agent
Nettie Bergh
Carolina Homes Realty
List Price
$54,900
Sold Price
$45,000
Premium/Discount to List
-$9,900
-18.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.48%

Purchase Details

Listed on
Aug 15, 2018
Closed on
Sep 24, 2018
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Yanes Edwin
Seller's Agent
Taren Myrick
ProStead Realty
Buyer's Agent
Nettie Bergh
Carolina Homes Realty
List Price
$54,900
Sold Price
$45,000
Premium/Discount to List
-$9,900
-18.03%

Purchase Details

Closed on
May 21, 2018
Sold by
Smith Dustin L and Smith Krystal K
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 1, 2007
Sold by
Smith Margie
Bought by
Smith Dustin L and Smith Krystal K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,400
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1990
Bought by
Smith Lewis Fletcher
Source: Public Records

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Range of Values:

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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
Jiminez Angel Noe Perez $160,000 Morrison Anne W
Yanes Edwin L -- None Available
Yanes Edwin -- None Available
Federal Home Loan Mortgage Corporation $50,372 None Available
Smith Dustin L $68,000 None Available
Smith Lewis Fletcher $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiminez Angel Noe Perez $144,000
Previous Owner Smith Dustin L $54,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $45,000 -18.0% $49 / Sq Ft
09/12/2018 09/12/18 Pending -- -- --
08/15/2018 08/15/18 For Sale $54,900 -- $59 / 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 $1,720 $172,680 $50,000 $122,680
2023 $1,193 $97,800 $30,000 $67,800
2022 $1,193 $97,800 $30,000 $67,800
2021 $1,193 $97,800 $30,000 $67,800
2020 $1,193 $97,800 $30,000 $67,800
2019 $992 $81,340 $22,000 $59,340
2018 $976 $81,340 $22,000 $59,340
2017 $960 $81,340 $22,000 $59,340
2016 $569 $80,990 $22,000 $58,990
2015 $956 $80,990 $22,000 $58,990
2014 $956 $80,990 $22,000 $58,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3425007

Canopy MLS (Canopy Realtor® Association)

APN: 5529-25-6523-0000