NOT LISTED FOR SALE

497 Splicewood Dr SW Concord, NC 28027

Estimated Value: $223,000 - $318,000

2 Beds
2 Baths
1,649 Sq Ft
$165/Sq Ft Est. Value

Last Sold February 26, 2019

Last sale price $105,000 $64 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $1,590/month

157 Days on Market

About This Home

As of February 2019

2 bedroom, 2 bathroom ranch home features open kitchen, living room with fireplace, some wood floors, wall to wall carpets, deck, porch, and 1 car carport. Home sits on 0.81 acre lot with mature trees. Property is owned by the US Department of HUD, case#381-874147, IE, Subject to Appraisal, Seller makes no representations or warranties as to property condition, HUD Homes are sold “As-Is”, Pre-1978 Properties need to include the LBP (Lead-Based Paint) Notices, Equal Housing Opportunity, and Seller may contribute up to 3% for buyer’s closing costs upon buyer request.

Last Agent to Sell the Property

Jason Benham

JLF Management Group LLC License #203027 Listed on: 05/11/2018

Last Buyer's Agent

Cesar Montalvo

Southern Homes of the Carolinas, Inc License #247053

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 0.81

Parking

  • Gravel Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 5529-47-6551-0000

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.11170
  • Ratio Close Price By Original Li: 1.00048
  • Ratio Current Price By Acre: 129629.63
  • Ratio Current Price By Sq Ft: 63.67
  • Year Built: 1955
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1649
  • Total Sq Ft: 1649

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete, Gravel
  • Parking: Carport - 1 Car

Utilities

  • Heating: Central Air, 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: 0.810
  • Parcel Number: 5529-47-6551-0000
  • Zoning Specification: Rv

Tax Info

  • Tax Value: 105570.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2018
Closed on
Feb 22, 2019
Sold by
Secretary Of Housing & Urban Development
Bought by
Leija Benavides Miriam L
Seller's Agent
Jason Benham
JLF Management Group LLC
Buyer's Agent
Cesar Montalvo
Southern Homes of the Carolinas, Inc
List Price
$94,450
Sold Price
$105,000
Premium/Discount to List
$10,550
11.17%
Current Estimated Value
$264,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,524
Avg. Annual Appreciation
15.59%
Original Mortgage
$137,372
Outstanding Balance
$123,638
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$149,095

Purchase Details

Closed on
Nov 9, 2017
Sold by
Pennymac Loan Services Llc
Bought by
Secretary Of Hud

Purchase Details

Closed on
Oct 4, 2017
Sold by
Safrit Tonya and Mark Safrit J
Bought by
Pennymac Loan Servicing Llc

Purchase Details

Closed on
Sep 11, 2008
Sold by
Blackwell Ronald Dale and Blackwell Judy
Bought by
Safrit Tonya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,342
Interest Rate
6.48%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 2005
Sold by
Wood Dorothy Blackwell
Bought by
Blackwell Ronald Dale and Blackwell Monty Lee
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
Leija Benavides Miriam L -- Southern Homes Title Inc
Secretary Of Hud -- None Available
Pennymac Loan Servicing Llc $95,760 None Available
Safrit Tonya $106,000 None Available
Blackwell Ronald Dale -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leija Benavides Miriam L $137,372
Previous Owner Safrit Tonya $104,342
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2019 02/26/19 Sold $105,000 +11.2% $64 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
09/10/2018 09/10/18 For Sale $94,450 -10.0% $57 / Sq Ft
09/09/2018 09/09/18 Off Market $105,000 -- --
09/07/2018 09/07/18 For Sale $94,450 0.0% $57 / Sq Ft
08/31/2018 08/31/18 Pending -- -- --
08/24/2018 08/24/18 Price Changed $94,450 -10.0% $57 / Sq Ft
08/10/2018 08/10/18 For Sale $104,950 0.0% $64 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
06/18/2018 06/18/18 For Sale $104,950 0.0% $64 / Sq Ft
05/21/2018 05/21/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $104,950 -- $64 / 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
2025 $2,239 $224,780 $80,000 $144,780
2024 $2,239 $224,780 $80,000 $144,780
2023 $1,632 $133,750 $35,200 $98,550
2022 $1,632 $133,750 $35,200 $98,550
2021 $1,632 $133,750 $35,200 $98,550
2020 $1,632 $133,750 $35,200 $98,550
2019 $1,288 $105,570 $22,400 $83,170
2018 $1,267 $105,570 $22,400 $83,170
2017 $1,246 $105,570 $22,400 $83,170
2016 $739 $101,540 $24,000 $77,540
2015 $1,198 $101,540 $24,000 $77,540
2014 $1,198 $101,540 $24,000 $77,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3389696

Canopy MLS (Canopy Realtor® Association)

APN: 5529-47-6551-0000