NOT LISTED FOR SALE

518 Railway Place SW Concord, NC 28025

Estimated Value: $278,000 - $308,930

4 Beds
2 Baths
1,548 Sq Ft
$191/Sq Ft Est. Value

Last Sold July 29, 2020

Last sale price $176,500 $114 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,870/month

11 Days on Market

Highlights

  • Corner Lot
  • Fireplace
  • Kitchen Island
  • J.N. Fries Middle School Rated A-
  • Shed
  • Vinyl Flooring

About This Home

As of July 2020

TENANT OCCUPIED UNTIL 7/15 (requires minimum 24 hr notice for showing) - NEW ROOF 2019 - As an investment property or for yourself, this charming 4 BR, 2 bath ranch home has 1548 s.f. with wood laminate flooring throughout--no carpet! Great open floor plan. Kitchen has plenty of counter space including a small center island. Wonderful great room features a vaulted ceiling, ceiling fan and fireplace and is open to a dining area. A "flex" room is at the front of the house (could be used as an extra sitting room, play area, office space, or for exercise equipment!) Washer/dryer connections. Nice corner lot with storage shed. Convenient to Concord, Harrisburg, Lowe's Speedway, Concord Mills and highways. (PICS ARE FROM 1 YR AGO & WILL BE UPDATED ONCE TENANT VACATES.) NO SHOWINGS UNTIL TUESDAY, JUNE 16th.

Last Agent to Sell the Property

Darlene Zamer

Coldwell Banker Realty License #240527 Listed on: 06/13/2020

Coldwell Banker Realty

Last Buyer's Agent

Albert Johnson

Keller Williams Unlimited License #275329

Keller Williams Unlimited

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 9,148

HOA Fees

  • $11 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Kitchen Island

Flooring

  • Laminate
  • Vinyl

Additional Features

  • Shed
  • Corner Lot

Community Details

  • Hiltz Management Association, Phone Number (704) 333-1355

Listing and Financial Details

  • Assessor Parcel Number 5529-65-5019-0000

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

HOA Fees

$11 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.98110
  • Ratio Close Price By Original Li: 0.98110
  • Ratio Current Price By Acre: 840476.19
  • Ratio Current Price By Sq Ft: 114.02
  • Year Built: 2001
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Dishwasher, Disposal, Electric Dryer Hookup, Electric Oven, Refrigerator
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Laminate Wood, Vinyl
  • H O A Management Phone: 7043331355
  • Interior Amenities: Kitchen Island, Vaulted Ceiling
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1548
  • Total Sq Ft: 1548

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalk
  • Association Fee: 133.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Hiltz Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.210
  • Parcel Number: 5529-65-5019-0000
  • Zoning Specification: RC

Tax Info

  • Tax Value: 125740.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2020
Closed on
Jul 27, 2020
Sold by
Sutliff Thomas and Sutliff Shirley A
Bought by
Kay John H and Kay Brittney M
Seller's Agent
Darlene Zamer
Coldwell Banker Realty
Buyer's Agent
Albert Johnson
Keller Williams Unlimited
List Price
$179,900
Sold Price
$176,500
Premium/Discount to List
-$3,400
-1.89%
Current Estimated Value
$295,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,983
Avg. Annual Appreciation
10.97%
Original Mortgage
$176,500
Outstanding Balance
$158,586
Interest Rate
3.1%
Mortgage Type
VA
Estimated Equity
$136,897

Purchase Details

Listed on
Sep 9, 2017
Closed on
Mar 1, 2018
Sold by
Byrd Harry and Byrd Kathleen L
Bought by
Sutliff Thomas and Sutliff Shirley A
Seller's Agent
Kathryn Cook-Crespo
Nestlewood Realty, LLC
Buyer's Agent
Tamara Artist
Mynd Management
List Price
$142,900
Sold Price
$142,000
Premium/Discount to List
-$900
-0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.83%
Original Mortgage
$106,500
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Byrd Harry

Purchase Details

Closed on
Aug 18, 2010
Sold by
Midfirst Bank
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Aug 12, 2010
Sold by
Rice Patricia
Bought by
Midfirst Bank

Purchase Details

Closed on
Jan 25, 2002
Sold by
Beazer Homes Corp
Bought by
Rice Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,465
Interest Rate
7.08%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Kay John H $176,500 None Available
Sutliff Thomas $142,000 None Available
Byrd Harry -- None Available
Secretary Of Housing & Urban Development -- None Available
Midfirst Bank $139,309 None Available
Rice Patricia $125,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kay John H $176,500
Previous Owner Sutliff Thomas $106,500
Previous Owner Rice Patricia $123,465
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2020 07/29/20 Sold $176,500 -1.9% $114 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/13/2020 06/13/20 For Sale $179,900 +1.9% $116 / Sq Ft
06/13/2020 06/13/20 Off Market $176,500 -- --
08/15/2019 08/15/19 Rented $1,325 0.0% --
07/23/2019 07/23/19 For Rent $1,325 0.0% --
04/04/2018 04/04/18 Sold $142,000 -0.6% $92 / Sq Ft
02/07/2018 02/07/18 Pending -- -- --
09/09/2017 09/09/17 For Sale $142,900 -- $92 / 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
2024 $2,740 $275,100 $65,000 $210,100
2023 $2,049 $167,950 $34,000 $133,950
2022 $2,049 $167,950 $34,000 $133,950
2021 $2,049 $167,950 $34,000 $133,950
2020 $2,049 $167,950 $34,000 $133,950
2019 $1,534 $125,740 $18,000 $107,740
2018 $1,426 $118,850 $18,000 $100,850
2017 $1,402 $118,850 $18,000 $100,850
2016 $832 $99,770 $18,000 $81,770
2015 -- $99,770 $18,000 $81,770
2014 -- $99,770 $18,000 $81,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3630838

Canopy MLS (Canopy Realtor® Association)

APN: 5529-65-5019-0000