$200,000
SOLD AUG 29, 2025

502 Allison St NW Concord, NC 28025

2 Beds
1 Bath
1,020 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$196 Per Sq Ft

13% Below List Price

34 Days on Market

Highlights

  • Bungalow
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Beverly Hills STEM Elementary Rated A-

About This Home

As of August 2025

Welcome to this beautifully maintained 2-bedroom, 1-bath home, a perfect blend of comfort and convenience! Step inside and discover a spacious, open-concept floor plan that seamlessly connects the den, kitchen, and dining areas, ideal for both relaxed living and entertaining.

Enjoy the outdoors from your beautiful front porch, relax on the covered patio, or enjoy the nice yard. Plenty of off-street parking for multiple cars and NO HOA, this home offers fantastic flexibility and freedom.

This prime location offers easy access to local amenities. You're just down the street from Gibson Mill, Food Hall, and Brewery. For wider selections, you're about five minutes from Carolina Mall in Concord or the Atrium Health Center, and close to the wonderful restaurants and shopping in beautiful Downtown Concord or Afton Village. The Sports Entertainment Venue in Kannapolis is also just about ten minutes away.

Don't miss this gem that's truly ready for you to move in and enjoy!

Last Agent to Sell the Property

Blair Townsend

Costello Real Estate and Investments LLC Brokerage Email: Blair@Costellorei.com License #342290 Listed on: 07/03/2025

Costello Real Estate and Investments LLC

Last Buyer's Agent

Lisa Nguyen

Southern Nest Realty Inc License #303243

Southern Nest Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,621

Year Built

  • Built in 1920

Lot Details

  • Property is zoned RV

Parking

  • Driveway

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,020 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range
  • Plumbed For Ice Maker

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Wadsworth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5621-31-4340-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,621

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1920
  • Road Surface Type: Concrete
  • Unit Levels: One
  • Ratio CurrentPrice/TotalPropertyHLA: 196.08
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: Blair@Costellorei.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1020
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Oven, Electric Range, Plumbed For Ice Maker
  • Above Grade Finished Sq Ft: 1020
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1020
  • Bedroom Main: 2
  • Room Count: 7
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Utility Room
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.16
  • Lot Size Units: Acres
  • Parcel Number: 5621-31-4340-0000
  • Additional Parcels: No
  • Zoning Specification: RV

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2025
Closed on
Aug 29, 2025
Sold by
Garcia Jose De La Luz
Bought by
Nhim Thary and Nhim Somphith
Seller's Agent
Blair Townsend
Costello Real Estate and Investments LLC
Buyer's Agent
Lisa Nguyen
Southern Nest Realty Inc
List Price
$230,000
Sold Price
$200,000
Premium/Discount to List
-$30,000
-13.04%
Views
76

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
192.09%
Original Mortgage
$160,000
Outstanding Balance
$160,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$62,629

Purchase Details

Closed on
Nov 23, 2021
Sold by
Moss Thomas W
Bought by
Garcia Jose De La Luz

Purchase Details

Closed on
Jul 25, 2006
Sold by
Boyd Robert Dale and Boyd Dianna R
Bought by
Moss Thomas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2005
Sold by
Boyd Rachel Mae P
Bought by
Boyd Robert Dale and Raymer Vickie Starr
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 Type Sale Price Title Company
Warranty Deed $200,000 None Listed On Document
Warranty Deed $57,000 None Available
Warranty Deed $47,500 None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $160,000 New Conventional
Previous Owner $45,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 Sold $200,000 -11.1% $196 / Sq Ft
07/25/2025 07/25/25 Price Changed $225,000 -2.2% $221 / Sq Ft
07/03/2025 07/03/25 For Sale $230,000 -- $225 / 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 $1,621 $162,780 $52,250 $110,530
2024 $1,621 $162,780 $52,250 $110,530
2023 $1,023 $83,840 $22,800 $61,040
2022 $799 $65,510 $22,800 $42,710
2021 $799 $65,510 $22,800 $42,710
2020 $799 $65,510 $22,800 $42,710
2019 $606 $49,650 $13,300 $36,350
2018 $596 $49,650 $13,300 $36,350
2017 $586 $49,650 $13,300 $36,350
2016 $348 $52,950 $13,300 $39,650
2015 $625 $52,950 $13,300 $39,650
2014 $625 $52,950 $13,300 $39,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4277299

Canopy MLS (Canopy Realtor® Association)

APN: 5621-31-4340-0000