NOT LISTED FOR SALE

488 Spring St SW Concord, NC 28025

Estimated Value: $217,000 - $269,162

2 Beds
1 Bath
1,300 Sq Ft
$194/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $161,500 $124 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,577/month

2 Days on Market

Highlights

  • Wood Flooring
  • R Brown Mcallister STEMElementary Rated A-
  • Breakfast Bar

About This Home

As of January 2021

ARE YOU READY TO MOVE DOWNTOWN CONCORD!! This amazing ranch home with 2 BR, 1 BA on .43 AC. Walk in the front door to a inviting family room with hardwoods, breakfast area in nice kitchen with breakfast bar, Spacious bedrooms with nice size closets. Large covered front porch, brand new deck that overlooks a nice backyard with NO HOA. Roof 2016

Come check out this amazing home TODAY.

Last Agent to Sell the Property

Leslie Harrison

Team Thomas & Associates Realty Inc. License #218724 Listed on: 11/14/2020

Co-Listed By

Jolet Thomas

Team Thomas & Associates Realty Inc. License #256675

Last Buyer's Agent

Yolanda Reese

Carolina Living Associates LLC License #291383

Carolina Living Associates LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 0.43

Parking

  • Gravel Driveway

Home Design

  • Asbestos Siding

Flooring

  • Wood
  • Vinyl

Additional Features

  • Breakfast Bar
  • 1 Full Bathroom
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 5630-23-0039-0000

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.93623
  • Ratio Close Price By Original Li: 0.93623
  • Ratio Current Price By Acre: 375581.40
  • Ratio Current Price By Sq Ft: 124.23
  • Year Built: 1930
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Electric Dryer Hookup, Electric Range, Exhaust Fan, Microwave
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Breakfast Bar
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1300
  • Total Sq Ft: 1300

Exterior Features

  • Construction: Asbestos
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway, Parking Space - 3

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Size Area: 0.430
  • Parcel Number: 5630-23-0039-0000
  • Zoning Specification: RC

Tax Info

  • Tax Value: 127790.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2020
Closed on
Jan 15, 2021
Sold by
Degolier Brandon and Degolier Ashley N
Bought by
Thomas Timothy S
Seller's Agent
Leslie Harrison
Team Thomas & Associates Realty Inc.
Buyer's Agent
Yolanda Reese
Carolina Living Associates LLC
List Price
$172,500
Sold Price
$161,500
Premium/Discount to List
-$11,000
-6.38%
Current Estimated Value
$255,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,679
Avg. Annual Appreciation
9.71%
Original Mortgage
$158,574
Outstanding Balance
$143,139
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$103,800

Purchase Details

Listed on
Feb 8, 2017
Closed on
May 12, 2017
Sold by
Williams Barbara R and Morgan Craig Wendel
Bought by
Degolier Brandon and Degolier Ashley N
Seller's Agent
Renda Powell
CARTER GROUP REALTORS®
Buyer's Agent
Jolet Thomas
Team Thomas & Associates Realty Inc.
List Price
$199,950
Sold Price
$115,000
Premium/Discount to List
-$84,950
-42.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.69%
Original Mortgage
$105,311
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 2006
Sold by
Carter Trent A and Carter Bobbie A
Bought by
Williams Barbara R

Purchase Details

Closed on
Apr 30, 2004
Sold by
Lbc Properties Inc
Bought by
Carter Trent A and Carter Bobbie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,900
Interest Rate
5.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1990
Bought by
Mccrimmon John H
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
Thomas Timothy S $161,500 None Available
Degolier Brandon $115,000 None Available
Williams Barbara R $75,000 None Available
Carter Trent A $61,000 --
Mccrimmon John H $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Timothy S $158,574
Previous Owner Degolier Brandon $105,311
Previous Owner Williams Barbara R $85,000
Previous Owner Carter Trent A $54,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $161,500 -6.4% $124 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
11/14/2020 11/14/20 For Sale $172,500 +50.0% $133 / Sq Ft
05/15/2017 05/15/17 Sold $115,000 -42.5% $88 / Sq Ft
04/19/2017 04/19/17 Pending -- -- --
02/08/2017 02/08/17 For Sale $199,950 -- $154 / 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 $2,239 $224,790 $50,000 $174,790
2023 $1,734 $142,160 $30,000 $112,160
2022 $1,734 $127,790 $30,000 $97,790
2021 $1,559 $127,790 $30,000 $97,790
2020 $1,559 $127,790 $30,000 $97,790
2019 $1,013 $83,020 $20,000 $63,020
2018 $996 $83,020 $20,000 $63,020
2017 $1,004 $85,090 $20,000 $65,090
2016 $596 $78,550 $20,000 $58,550
2015 $927 $78,550 $20,000 $58,550
2014 $927 $78,550 $20,000 $58,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3682502

Canopy MLS (Canopy Realtor® Association)

APN: 5630-23-0039-0000