NOT LISTED FOR SALE

5151 Merle Rd Concord, NC 28025

Estimated Value: $378,000 - $401,000

25.66 Acres
$15,042 Price per Acre
1,117,750 Sq Ft Lot

Sale Details

Date Sold: July 8, 2025

Last sale price $393,000 $171 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,309 / mo

4 Days on Market

About This Lot

As of July 2025

Discover this expansive 25.66 Acres in Cabarrus County. The property has a 3 Car Garage Metal Building with concrete floor. Private gravel driveway with a easement agreement in place. There is a Well on property along with 2 Electrical Power sources. Land is partially wooded and located in a more of an agriculture area. Dutch Buffalo Water Shed runs through through property.

Last Agent to Sell the Property

Carrie Peralta

Lantern Realty & Development, LLC Brokerage Email: carriep.realtor@gmail.com License #355558 Listed on: 06/06/2025

Lantern Realty & Development, LLC

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Property Type

  • Land

Lot Details

  • Possible uses of the property include Other - See Remarks
  • Property is zoned AO

Listing and Financial Details

  • Assessor Parcel Number 5652-58-1687-0000

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: No
  • Restrictions: No Representation
  • Road Surface Type: Gravel
  • Geocode Confidence: High
  • Attribution Contact: carriep.realtor@gmail.com
  • Special Features: None

Interior Features

  • Possible Use: Other - See Remarks

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: None
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5652-58-1687-0000
  • Additional Parcels: No
  • Zoning Specification: AO

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2025
Closed on
Jun 26, 2025
Sold by
Prestige World Wide Technologies Llc
Bought by
Alfaro Marvin Edgardo Garc and Paredes Gertrudis Abelina
Seller's Agent
Carrie Peralta
Lantern Realty & Development, LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$423,390
Sold Price
$393,000
Premium/Discount to List
-$30,390
-7.18%
Views
11
Current Estimated Value
$385,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,011
Avg. Annual Appreciation
-2.47%

Purchase Details

Listed on
Jun 6, 2025
Closed on
Jun 23, 2025
Sold by
Prestige World Wide Technologies Llc
Bought by
Mullis Tamela Gregory
Seller's Agent
Carrie Peralta
Lantern Realty & Development, LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$423,390
Sold Price
$393,000
Premium/Discount to List
-$30,390
-7.18%
Views
11

Purchase Details

Listed on
Oct 15, 2021
Closed on
Jan 27, 2022
Sold by
Linda Grandy
Bought by
Prestige World Wide Technologies
Seller's Agent
Drake Johnson
EXP Realty LLC Mooresville
Buyer's Agent
Stacy Vaughn
NorthGroup Real Estate LLC
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.70%

Purchase Details

Closed on
Mar 9, 2021
Sold by
Grandy Linda and Grandy Douglas
Bought by
Grandy Linda and Clinard Cathy

Purchase Details

Closed on
Feb 29, 2016
Sold by
Barnhardt Fred C and Barnhardt Lorellen
Bought by
Grandy Linda and Barnhardt Fred C
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
Alfaro Marvin Edgardo Garc $393,000 None Listed On Document
Alfaro Marvin Edgardo Garc $393,000 None Listed On Document
Mullis Tamela Gregory -- None Listed On Document
Mullis Tamela Gregory -- None Listed On Document
Prestige World Wide Technologies $200,000 New Title Company Name
Grandy Linda -- None Available
Grandy Linda -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2025 07/08/25 Sold $393,000 -7.2% $171 / Sq Ft
06/06/2025 06/06/25 For Sale $423,390 +111.7% $185 / Sq Ft
01/28/2022 01/28/22 Sold $200,000 0.0% $87 / Sq Ft View Prior Sale
10/18/2021 10/18/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $200,000 -- $87 / Sq Ft
Source: Canopy MLS

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 $2,762 $408,560 $408,560 $0
2024 $2,762 $408,560 $408,560 $0
2023 $1,774 $206,330 $199,640 $6,690
2022 $1,708 $206,330 $199,640 $6,690
2021 $1,708 $206,330 $199,640 $6,690
2020 $1,708 $206,330 $199,640 $6,690
2019 $1,525 $184,210 $179,670 $4,540
2018 $1,395 $184,210 $179,670 $4,540
2017 $1,326 $184,210 $179,670 $4,540
2016 $1,326 $141,490 $128,950 $12,540
2015 $952 $141,490 $128,950 $12,540
2014 $952 $141,490 $128,950 $12,540
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS

MLS Number: 4268443

Canopy MLS

APN: 5652-58-1687-0000

Your Personal Tour Guide

Ask me questions while you tour the home.