NOT LISTED FOR SALE

488 Spring St SW Concord, NC 28025

Estimated Value: $208,000 - $271,931

2 Beds
1 Bath
1,300 Sq Ft
$187/Sq Ft Est. Value

Sale Details

Date Sold: January 15, 2021

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

Est. 50% increase in value since last sale

Current estimated payment $1,503 / mo

2 Days on Market

Highlights

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

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

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Crawl Space
  • Breakfast Bar

Flooring

  • Wood
  • Carpet
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 5630-23-0039-0000

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0.43 Acres

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

Lot Info

  • Parcel Number: 5630-23-0039-0000
  • Zoning Specification: RC

Tax Info

  • Tax Value: 127790.00
  • Tax Location: Concord

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2020
Closed on
Jan 15, 2021
Sold by
Bought by
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
$242,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,483
Avg. Annual Appreciation
7.83%
Original Mortgage
$158,574
Outstanding Balance
$141,528
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$101,455

Purchase Details

Listed on
Feb 8, 2017
Closed on
May 12, 2017
Sold by
Bought by
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
Bought by

Purchase Details

Closed on
Apr 30, 2004
Sold by
Bought by

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
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$161,500 None Available
$115,000 None Available
$75,000 None Available
$61,000 --
$8,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $158,574
Previous Owner $105,311
Previous Owner $54,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
04/19/2017 04/19/17 Pending -- -- --
02/08/2017 02/08/17 For Sale $199,950 -- $154 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,239 $224,790 $50,000 $174,790
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

  • L

    Seller's Agent in 2021

    Leslie Harrison

    Team Thomas & Associates Realty Inc.

    (704) 402-9785

    26 in this area

    262 Total Sales

    Leslie Harrison
    Section Image
  • Jolet Thomas

    Seller Co-Listing Agent in 2021

    Jolet Thomas

    Team Thomas & Associates Realty Inc.

    (704) 791-5561

    16 in this area

    101 Total Sales

    Jolet Thomas
    Section Image
  • Yolanda Reese

    Buyer's Agent in 2021

    Yolanda Reese

    Carolina Living Associates LLC

    (704) 706-0721

    2 in this area

    18 Total Sales

    Yolanda Reese
    Section Image
  • Renda Powell

    Seller's Agent in 2017

    Renda Powell

    CARTER GROUP REALTORS®

    (704) 619-8594

    33 in this area

    49 Total Sales

    Renda Powell
    Section Image
See All Agents

Map

Source: Canopy MLS

MLS Number: CAR3682502

Canopy MLS

APN: 5630-23-0039-0000

North Carolina Cabarrus County Concord 28025

488 Spring St SW, Concord, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.