NOT LISTED FOR SALE

5361 Lynchburg Dr Concord, NC 28027

Estimated Value: $370,000 - $429,000

3 Beds
2 Baths
1,665 Sq Ft
$236/Sq Ft Est. Value

Last Sold July 27, 2022

Last sale price $365,000 $219 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,259/month

3 Days on Market

Highlights

  • Open Floorplan
  • Attached Garage
  • Patio
  • Charles E. Boger Elementary School Rated A-
  • Walk-In Closet
  • Laundry Room

About This Home

As of July 2022

Have you been waiting for that "unicorn home" to come on the market? Well, here it is!! Brick ranch, with an open floor plan sitting on one acre in a country setting!! Great location, as you are minutes from Kannapolis, Davidson, and Mooresville, yet you'll feel like your miles from the "hustle and bustle". Home has been well maintained. The open living space makes the home seem even bigger. Your laundry room and HUGE pantry area is off of the oversized one car garage. Primary bedroom has two closets and separate bathroom. Living room features a wood burning fireplace and LVP flooring. Granite countertops in kitchen. Home has a water softener system, and septic tank replaced in 2017. All this in a non HOA, quiet community!!

Last Agent to Sell the Property

Kim Drakulich

Real Broker, LLC License #277431 Listed on: 06/27/2022

Real Broker, LLC

Last Buyer's Agent

Lariza Weems

Keller Williams Select License #315680

Keller Williams Select

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,375

Year Built

  • Built in 1977

Lot Details

  • Lot Dimensions are 150x285x143x277
  • Level Lot
  • Zoning described as AO

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,665 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Patio
  • Shed

Schools

  • Charles E. Boger Elementary School
  • Northwest Cabarrus Middle School
  • Northwest Cabarrus High School

Utilities

  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Community Details

  • Walnut Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4683-86-4872-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,375

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1977
  • Ratio Current Price By Acre: 354368.93
  • Road Surface Type: Concrete
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Open Floorplan, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1665
  • 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
  • Porch: Patio
  • Appliances: Cable Prewire, Ceiling Fan(s), Dishwasher, Electric Oven, Electric Dryer Hookup, Electric Range, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 1665
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Shed(s)
  • New Construction: No
  • Roof: Shingle
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Waterfront Elevation: 1500
  • Construction Type: Brick Partial, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 486
  • Parking Features: Attached Garage, Carport - 1 Car, Garage - 1 Car

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Water Softener System, Well

Schools

  • Middle Or Junior School: Northwest Cabarrus
  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Area: 1.03
  • Lot Size Units: Acres
  • Parcel Number: 4683-86-4872-0000
  • Lot Size: 150x285x143x277
  • Zoning Description: AO

Tax Info

  • RATIO List Price By Tax Amount: 1.67177

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Charles E. Boger
  • High School: Northwest Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Jul 27, 2022
Sold by
Richard Adsit
Bought by
Weems Jessica and Raborn Kyle
Seller's Agent
Kim Drakulich
Real Broker, LLC
Buyer's Agent
Lariza Weems
Keller Williams Select
List Price
$360,000
Sold Price
$365,000
Premium/Discount to List
$5,000
1.39%
Current Estimated Value
$392,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,896
Avg. Annual Appreciation
2.29%
Original Mortgage
$265,000
Outstanding Balance
$253,887
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$139,009

Purchase Details

Listed on
Jun 4, 2017
Closed on
Jul 10, 2017
Sold by
Schroeder Donald B and Schroeder Michelle F
Bought by
Adsit Richard
Seller's Agent
Doug Hyder
Southern Homes of the Carolinas, Inc
Buyer's Agent
Kim Drakulich
Real Broker, LLC
List Price
$199,000
Sold Price
$199,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.76%
Original Mortgage
$189,050
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 1998
Sold by
Jones Troy R and Ann Joyce
Bought by
Schroeder Donald B and Schroeder Michelle F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.14%

Purchase Details

Closed on
Jun 1, 1984
Source: Public Records

Range of Values:

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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
Weems Jessica $365,000 Lutzel Broadway & Associates P
Adsit Richard $199,000 None Available
Schroeder Donald B $138,000 --
-- $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weems Jessica $265,000
Previous Owner Adsit Richard $189,050
Previous Owner Schroeder Donald B $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2022 07/27/22 Sold $365,000 +1.4% $219 / Sq Ft
06/30/2022 06/30/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $360,000 +80.9% $216 / Sq Ft
07/10/2017 07/10/17 Sold $199,000 0.0% $121 / Sq Ft View Prior Sale
06/07/2017 06/07/17 Pending -- -- --
06/04/2017 06/04/17 For Sale $199,000 -- $121 / 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 $2,375 $373,950 $88,000 $285,950
2024 $2,375 $373,950 $88,000 $285,950
2023 $1,762 $213,630 $55,000 $158,630
2022 $1,740 $215,340 $55,000 $160,340
2021 $1,740 $215,340 $55,000 $160,340
2020 $1,740 $215,340 $55,000 $160,340
2019 $1,220 $150,930 $33,000 $117,930
2018 $1,189 $150,930 $33,000 $117,930
2017 $1,159 $150,930 $33,000 $117,930
2016 $1,170 $151,160 $40,000 $111,160
2015 $1,146 $151,160 $40,000 $111,160
2014 $1,146 $151,160 $40,000 $111,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3877213

Canopy MLS (Canopy Realtor® Association)

APN: 4683-86-4872-0000