NOT LISTED FOR SALE

5121 Norwood Dr Unit 20 Concord, NC 28027

Estimated Value: $699,000 - $783,642

1.9 Acres
$386,428 Price per Acre
82,764 Sq Ft Lot

Last Sold July 27, 2021

Last sale price $98,000

Est. 649% increase in value since last sale

Current estimated payment $4,198/month

128 Days on Market

About This Lot

As of July 2021

Here is the chance to build your dream home on a 1.9 AC lot in beautiful Cedarbrook Acres. This is a small quiet neighborhood with large lots, and where some beautiful homes were recently built. It is a nice rectangular lot, that recently perked for an accepted high capacity chamber system. An improvement permit is on file with Cabarrus County. There are minimal restrictive covenants, no time frame to build, an most importantly No HOA! It is a lovely neighborhood, that is convenient to Concord Mills; yet centrally located within 8 miles from the town of Davidson, Afton Ridge in Concord, and Village Park in Kannapolis.

Last Agent to Sell the Property

Megan Roffers

Lake Norman Realty, Inc License #304516 Listed on: 12/22/2020

Lake Norman Realty, Inc

Last Buyer's Agent

Vanessa Miles

Howard Hanna Allen Tate Concord License #298718

Howard Hanna Allen Tate Concord

Property Details

Property Type

  • Land

Lot Details

Home Design

  • Slab Foundation

Additional Features

  • Crawl Space
  • Wooded Lot
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 46835518670000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.89172
  • Ratio Close Price By Original Li: 0.89172
  • Ratio Current Price By Acre: 51578.95
  • Restrictions: Architectural Review, Livestock Restriction, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Slab

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Lot Info

  • Lot Dimension: 200x398x206x399
  • Lot Features: Paved Frontage, Wooded
  • Parcel Number: 46835518670000
  • Zoning Specification: AO
  • Plat Reference Section Pages: 0035
  • Wooded Acres: 1.90

Tax Info

  • Tax Value: 92650.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2020
Closed on
Jul 20, 2021
Sold by
Martin Cynthia O
Bought by
Smith Ethan and Smith Lindsey
Seller's Agent
Megan Roffers
Lake Norman Realty, Inc
Buyer's Agent
Vanessa Miles
Howard Hanna Allen Tate Concord
List Price
$109,900
Sold Price
$98,000
Premium/Discount to List
-$11,900
-10.83%
Current Estimated Value
$734,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$636,214
Avg. Annual Appreciation
56.76%
Original Mortgage
$398,400
Outstanding Balance
$363,593
Interest Rate
2.96%
Mortgage Type
Construction
Estimated Equity
$370,621

Purchase Details

Closed on
Aug 1, 1987
Bought by
Martin Cynthia O
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Smith Ethan $98,000 None Available
Martin Cynthia O $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Ethan $398,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2021 07/27/21 Sold $98,000 -10.8% --
04/29/2021 04/29/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $109,900 +12.1% --
03/22/2021 03/22/21 Off Market $98,000 -- --
01/21/2021 01/21/21 For Sale $109,900 0.0% --
12/31/2020 12/31/20 Pending -- -- --
12/22/2020 12/22/20 For Sale $109,900 -- --
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 $4,307 $678,270 $116,670 $561,600
2024 -- $678,270 $116,670 $561,600
2023 $4,133 $500,950 $92,650 $408,300
2022 $749 $92,650 $92,650 $0
2021 $749 $92,650 $92,650 $0
2020 $749 $92,650 $92,650 $0
2019 $144 $54,900 $54,900 $0
2018 $433 $54,900 $54,900 $0
2017 $422 $54,900 $54,900 $0
2016 $422 $33,000 $33,000 $0
2015 -- $33,000 $33,000 $0
2014 -- $33,000 $33,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3692164

Canopy MLS (Canopy Realtor® Association)

APN: 4683-55-1867-0000