NOT LISTED FOR SALE

511 Spring St SW Concord, NC 28025

15 Beds
8 Baths
6,224 Sq Ft
0.62 Acres Lot

Sale Details

Date Sold: January 25, 2019

Last sale price $655,000 $105 Per Sq Ft

42 Days on Market

Highlights

  • Ranch Style House
  • Corner Lot
  • Carpet
  • R Brown Mcallister STEMElementary Rated A-

About This Home

As of January 2019

ATTENTION INVESTORS!!, don't miss out on this hard to find 8-plex in desirable downtown Concord area. All units have been recently renovated with new Kitchens w/granite, flooring, paint, bathrooms, lighting and more! Units are 100% occupied. Tenants pay ALL their own utilities, owner is only responsible for power and water in the laundry room. Four duplex's included in sale for total for 8 units. All units are 2 beds and 1 baths EXCEPT for 503 Spring St which was converted to 1 bed and 1 bath to put in laundry room.

Last Agent to Sell the Property

Frank Cantadore

DM Properties & Associates License #250889 Listed on: 10/18/2018

Last Buyer's Agent

Drew Maher

DM Properties & Associates License #278456

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.62

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Flooring

  • Carpet
  • Laminate

Additional Features

  • 8 Full Bathrooms
  • Crawl Space
  • Corner Lot

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 5630-23-3007-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0.62 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Eightplex
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.94245
  • Ratio Close Price By Original Li: 0.94245
  • Ratio Current Price By Acre: 1056451.61
  • Ratio Current Price By Sq Ft: 105.24
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 8
  • Total Bedrooms: 15
  • Equipment: Cable Prewire, Dishwasher, Electric Range, Microwave, Refrigerator, Electric Oven
  • Flooring: Carpet, Laminate Wood
  • Laundry Location: Common Facility
  • Total Sq Ft: 6224

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Parking: Parking Space - 4+

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Lot Info

  • Lot Features: Corner Lot
  • Parcel Number: 5630-23-3007-0000
  • Zoning Specification: RC

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 442230.00
  • Tax Location: Concord

Multi Family

  • Unit Count: 8
  • Number Of Units Total: 8
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
01/25/2019 01/25/19 Sold $655,000 -5.8% $105 / Sq Ft
11/29/2018 11/29/18 Pending -- -- --
10/18/2018 10/18/18 For Sale $695,000 0.0% $112 / Sq Ft
02/11/2015 02/11/15 Rented $525 0.0% --
02/03/2015 02/03/15 Under Contract -- -- --
01/23/2015 01/23/15 For Rent $525 -- --
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 $7,570 $760,060 $88,000 $672,060
2024 $7,570 $760,060 $88,000 $672,060
2023 $5,669 $464,710 $88,000 $376,710
2022 $0 $464,710 $88,000 $376,710
2021 $5,669 $464,710 $88,000 $376,710
2020 $5,669 $464,710 $88,000 $376,710
2019 $5,395 $442,230 $70,000 $372,230
2018 $5,307 $442,230 $70,000 $372,230
2017 $5,218 $442,230 $70,000 $372,230
2016 -- $399,730 $70,000 $329,730
2015 $4,297 $399,730 $70,000 $329,730
2014 $4,297 $399,730 $70,000 $329,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: CAR3444903

Canopy MLS

APN: 5630 23 3007

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