$780,000
SOLD APR 17, 2025

48 Washington Ln SE Concord, NC 28025

5 Beds
3 Baths
3,963 Sq Ft
0.95 Acres

Recently Sold

$197 Per Sq Ft

13% Below List Price

18 Days on Market

Highlights

  • Laundry Room
  • 1-Story Property
  • Central Heating and Cooling System
  • R Brown Mcallister STEMElementary Rated A-
  • Four Sided Brick Exterior Elevation

About This Home

As of April 2025

Nestled in downtown Concord, this fully remodeled brick home is a rare find! Just one block from Union St.’s shops and restaurants, the “Gem at 48 Washington” sits on 0.952 acres, offering endless possibilities. Built like a tank with 12” on-center studs, it showcases unmatched craftsmanship and durability.Inside, enjoy large sunlit bedrooms, laminate flooring, and original trim work preserving its historical charm. The layout includes a dining room, living room, spacious bonus room, and a sunroom with a walk-out patio. An oversized back deck provides great outdoor space, while a full-house attic and abundant storage add convenience.On MLS for the first time ever, homes in this area rarely hit the market! With space to expand, add a pool, or build a garage, this Concord treasure won’t last long.

Last Agent to Sell the Property

Brittney Steele

Lantern Realty & Development, LLC Brokerage Email: brittsteelerealty@gmail.com License #335904 Listed on: 03/01/2025

Lantern Realty & Development, LLC

Last Buyer's Agent

Christopher Allen

COMPASS License #298205

COMPASS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,723

Year Built

  • Built in 1967

Lot Details

  • Property is zoned RM-2

Parking

  • Driveway

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Finished Basement
  • Crawl Space
  • Laundry Room

Kitchen

  • Oven
  • Electric Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Floor Furnace

Listing and Financial Details

  • Assessor Parcel Number 56300657530000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,723

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1967
  • Road Surface Type: Concrete
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 196.82
  • Geocode Confidence: High
  • Attribution Contact: brittsteelerealty@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2213
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Electric Range, Exhaust Hood, Oven
  • Above Grade Finished Sq Ft: 2213
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1750
  • Living Area: 3963
  • Bedroom Main: 3
  • Room Count: 7
  • Bedroom Basement: 2

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Full

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: Public Sewer
  • Laundry Features: Inside, Laundry Room, Main Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Area: 0.95
  • Lot Size Units: Acres
  • Parcel Number: 56300657530000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RM-2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2025
Closed on
Apr 17, 2025
Sold by
Rbm Property Investments Llc
Bought by
Williams Jennifer Carroll and Williams Dane Ayers
Seller's Agent
Brittney Steele
Lantern Realty & Development, LLC
Buyer's Agent
Christopher Allen
COMPASS
List Price
$899,999
Sold Price
$780,000
Premium/Discount to List
-$119,999
-13.33%
Total Days on Market
18
Views
52
Current Estimated Value
$784,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,923
Avg. Annual Appreciation
2.41%
Original Mortgage
$702,000
Outstanding Balance
$702,000
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$85,270
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 Type Sale Price Title Company
Warranty Deed $780,000 None Listed On Document
Warranty Deed $780,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $702,000 New Conventional
Closed $702,000 New Conventional
Previous Owner $562,500 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 Sold $780,000 -8.2% $197 / Sq Ft
03/17/2025 03/17/25 Price Changed $849,999 -2.9% $214 / Sq Ft
03/10/2025 03/10/25 Price Changed $874,999 -2.8% $221 / Sq Ft
03/01/2025 03/01/25 For Sale $899,999 -- $227 / 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 $4,723 $474,170 $132,800 $341,370
2023 $3,905 $320,070 $83,200 $236,870
2022 $3,905 $320,070 $83,200 $236,870
2021 $3,905 $320,070 $83,200 $236,870
2020 $3,905 $320,070 $83,200 $236,870
2019 $3,395 $278,240 $56,000 $222,240
2018 $3,339 $278,240 $56,000 $222,240
2017 $3,283 $278,240 $56,000 $222,240
2016 -- $237,450 $56,000 $181,450
2015 $2,802 $237,450 $56,000 $181,450
2014 $2,802 $237,450 $56,000 $181,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4225975

Canopy MLS (Canopy Realtor® Association)

APN: 5630-06-5753-0000