488 Spring St SW Concord, NC 28025
2
Beds
1
Bath
1,300
Sq Ft
0.43
Acres
Highlights
- Traditional Architecture
- R Brown Mcallister STEMElementary Rated A-
- Wood Flooring
About This Home
As of January 2021GREAT RENOVATED HOME! Residential or commercial property in downtown Concord. Two BR, 1 BA house renovated with new roof, carpet, paint, appliances including refrigerator (part of windows new). Residential home or rental. Total .43 acres commercial zoning "Compact Residential"(3,000 sq.ft. minimum size, 15 units per acre maximum, used as transition between single family & commercial/office districts).
Home Details
Home Type
- Single Family
Year Built
- Built in 1930
Parking
- Gravel Driveway
Home Design
- Traditional Architecture
- Asbestos Siding
Interior Spaces
- 1 Full Bathroom
- Insulated Windows
- Crawl Space
Flooring
- Wood
- Vinyl
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
70
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
Map
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Similar Homes in Concord, NC
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $161,500 | None Available | |
| Warranty Deed | $115,000 | None Available | |
| Warranty Deed | $75,000 | None Available | |
| Warranty Deed | $61,000 | -- | |
| Warranty Deed | $8,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $158,574 | New Conventional | |
| Previous Owner | $105,311 | FHA | |
| Previous Owner | $85,000 | Credit Line Revolving | |
| Previous Owner | $54,900 | Purchase Money Mortgage |
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
| 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
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3248235
APN: 5630-23-0039-0000
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