NOT LISTED FOR SALE

50 Pine St NW Concord, NC 28025

Estimated Value: $127,000 - $251,000

2 Beds
2 Baths
1,070 Sq Ft
$166/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $105,000 $98 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,058/month

3 Days on Market

About This Home

As of October 2021

Tenant occupied. Please do not disturb tenants. Walk through allowed once contract is in place. Sold as is. Great investment property. Tenants would like to remain in place.
Listing agent to set up appt after a contract has been accepted.

Last Agent to Sell the Property

Teresa Ross

Premier Real Estate Team Inc. License #244522 Listed on: 07/16/2021

Last Buyer's Agent

Ted Watkins

EXP Realty LLC Ballantyne License #324057

EXP Realty LLC Ballantyne

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1865

Lot Details

  • 8,276

Home Design

  • Duplex
  • Vinyl Siding

Additional Features

  • Carpet
  • 2 Full Bathrooms
  • Crawl Space
  • Lot Dimensions are 75x120x75x107.5

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 5620-66-3653-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1865

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.91304
  • Ratio Close Price By Original Li: 0.91304
  • Ratio Current Price By Acre: 552631.58
  • Ratio Current Price By Sq Ft: 98.13
  • Year Built: 1865
  • Property Features: Porch/Patio
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet
  • Laundry Location: Main
  • Total Sq Ft: 1070

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Earth
  • Parking: Driveway, On-Street Parking

Utilities

  • Heating: Electric Baseboard Heat, Window Unit
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 75x120x75x107.5
  • Lot Features: Sloping
  • Parcel Number: 5620-66-3653-0000
  • Zoning Specification: RC

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 48690.00
  • Tax Location: Cabarrus

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Sep 30, 2021
Sold by
Ross Properties & Investments Llc
Bought by
Parra Octavio Patino and Parra Karina K
Seller's Agent
Teresa Ross
Premier Real Estate Team Inc.
Buyer's Agent
Ted Watkins
EXP Realty LLC Ballantyne
List Price
$115,000
Sold Price
$105,000
Premium/Discount to List
-$10,000
-8.7%
Current Estimated Value
$177,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,461
Avg. Annual Appreciation
12.73%
Original Mortgage
$89,250
Outstanding Balance
$81,388
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$96,073

Purchase Details

Closed on
Jun 1, 1997
Bought by
Ross Steven D and Ross Wife
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Parra Octavio Patino $105,000 None Available
Ross Steven D $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parra Octavio Patino $89,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2021 10/01/21 Sold $105,000 -8.7% $98 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $115,000 -- $107 / 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
2025 $1,724 $173,090 $49,000 $124,090
2024 $985 $98,930 $49,000 $49,930
2023 $594 $48,690 $24,000 $24,690
2022 $594 $48,690 $24,000 $24,690
2021 $594 $48,690 $24,000 $24,690
2020 $594 $48,690 $24,000 $24,690
2019 $515 $42,220 $13,000 $29,220
2018 $507 $42,220 $13,000 $29,220
2017 $498 $42,220 $13,000 $29,220
2016 $296 $48,270 $13,000 $35,270
2015 $570 $48,270 $13,000 $35,270
2014 $570 $48,270 $13,000 $35,270
Source: Public Records

Agents Affiliated with this Home

  • Teresa Ross

    Seller's Agent in 2021

    Teresa Ross

    Premier Real Estate Team Inc.

    (704) 467-6283

    21 in this area

    139 Total Sales

    Teresa Ross
    Section Image
  • Ted Watkins

    Buyer's Agent in 2021

    Ted Watkins

    EXP Realty LLC Ballantyne

    (704) 270-6922

    5 in this area

    91 Total Sales

    Ted Watkins
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3762371

Canopy MLS (Canopy Realtor® Association)

APN: 5620-66-3653-0000

North Carolina Cabarrus County Concord 28025

50 Pine St NW, Concord, NC

Not Listed for Sale

MultiFamily

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 (Canopy Realtor® Association) 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

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