488 Spring St SW Concord, NC 28025
Estimated Value: $215,000 - $252,035
2
Beds
1
Bath
1,300
Sq Ft
$186/Sq Ft
Est. Value
Highlights
- Wood Flooring
- R Brown Mcallister STEMElementary Rated A-
- Breakfast Bar
About This Home
As of January 2021ARE 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 Listed By
Team Thomas & Associates Realty Inc. License #218724 Listed on: 11/14/2020
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
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%
Total Days on Market
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,259
Avg. Annual Appreciation
9.45%
Original Mortgage
$158,574
Outstanding Balance
$143,139
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$96,077
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Concord, NC
Home Values in the Area
Average Home Value in this Area
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
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
-
Leslie Harrison
L
Seller's Agent in 2021
Leslie Harrison
Team Thomas & Associates Realty Inc.
(704) 402-9785
12 in this area
245 Total Sales
-
Jolet Thomas
Seller Co-Listing Agent in 2021
Jolet Thomas
Team Thomas & Associates Realty Inc.
(704) 791-5561
8 in this area
133 Total Sales
-
Yolanda Reese
Buyer's Agent in 2021
Yolanda Reese
Carolina Living Associates LLC
(704) 706-0721
1 in this area
18 Total Sales
-
Renda Powell
Seller's Agent in 2017
Renda Powell
CARTER GROUP REALTORS®
(704) 619-8594
16 in this area
55 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3682502
APN: 5630-23-0039-0000
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