NOT LISTED FOR SALE

5375 Rocky River Rd Concord, NC 28025

Concord Area

Estimated Value: $433,000 - $658,061

8.46 Acres
$63,596 Price per Acre
368,518 Sq Ft Lot

Sale Details

Date Sold: July 29, 2020

Last sale price $279,000 $109 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,387 / mo

163 Days on Market

Highlights

  • Wooded Lot
  • Storage Room
  • Level Lot
  • J.N. Fries Middle School Rated A-
  • Home fronts a stream

About This Lot

As of July 2020

Great Location in Cabarrus County across the street from Rocky River Elementary School. There is a 2300 sq ft home on property being sold "AS IS". Property is ready for Developers and Investors. Already equipped with water and electrical access. This property is 8 acres of land featuring walking trails, sitting areas, and some wooded areas.

Last Agent to Sell the Property

Rachel Alles

Mark Spain Real Estate License #215156 Listed on: 01/17/2020

Mark Spain Real Estate

Co-Listed By

Ivory Joyner

Coldwell Banker Realty License #187022

Last Buyer's Agent

Michael King

Lantern Realty & Development, LLC License #287197

Lantern Realty & Development, LLC

Range of Values:

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

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • Home fronts a stream
  • Level Lot
  • Wooded Lot
  • Many Trees

Additional Features

  • Storage Room
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 5528-43-5540-0000

Property Details

Property Type

Land

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Acreage
  • Ratio Close Price By List Price: 0.91475
  • Ratio Close Price By Original Li: 0.79714
  • Ratio Current Price By Acre: 32978.72
  • Restrictions: Manufactured Home Not Allowed
  • Habitable Residence Yn: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Storage Unit

Utilities

  • Sewer: Septic Installed
  • Water: Well Installed

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: Level, Stream/Creek, Trees, Wooded
  • Parcel Number: 5528-43-5540-0000
  • Zoning Specification: LDR
  • Can Be Subdivided: Yes
  • Out Buildings Yn: Yes

Tax Info

  • Tax Value: 254580.00
  • Tax Location: Cabarrus

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2020
Closed on
Jul 29, 2020
Sold by
Hoyle James A
Bought by
Seller's Agent
Rachel Alles
Mark Spain Real Estate
Buyer's Agent
Michael King
Lantern Realty & Development, LLC
List Price
$320,000
Sold Price
$279,000
Premium/Discount to List
-$41,000
-12.81%
Current Estimated Value
$564,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,098
Avg. Annual Appreciation
11.37%
Original Mortgage
$279,000
Interest Rate
3.1%
Mortgage Type
VA

Purchase Details

Closed on
Oct 18, 2007
Sold by
Hoyle James A and Hoyle Chaonn K
Bought by
Hoyle James A and Hoyle Chaonn K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.44%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Concord, NC

  • Noah Morris Real Estate Agent - COMPASS

    Noah Morris

    Responds Quickly

    COMPASS

    (561) 609-0728

    59 Total Sales

    3 in Concord

    $141K - $617K Price Range

    Noah Morris
     Section Image
  • Anthony Swain Real Estate Agent - COMPASS

    Anthony Swain

    COMPASS

    (570) 667-6898

    53 Total Sales

    1 in Concord

    $342,000 Price

    Anthony Swain
     Section Image
  • Dalton Sorrells Real Estate Agent - Berkshire Hathaway HomeServices Carolinas Realty

    Dalton Sorrells

    Responds Quickly

    Berkshire Hathaway HomeServices Carolinas Realty

    (689) 220-7261

    11 Total Sales

    1 in Concord

    $530,000 Price

    Dalton Sorrells
     Section Image
  • Jack Wasserman Real Estate Agent - Coldwell Banker Realty

    Jack Wasserman

    Coldwell Banker Realty

    (980) 303-2754

    26 Total Sales

    1 in Concord

    $265,000 Price

    Jack Wasserman
     Section Image
  • Paul Posta Real Estate Agent - White Stag Realty NC LLC

    Paul Posta

    White Stag Realty NC LLC

    (216) 666-5366

    18 Total Sales

    3 in Concord

    $250K - $390K Price Range

    Paul Posta
     Section Image
  • Crystal Gomez Real Estate Agent - Lantern Realty & Development, LLC

    Crystal Gomez

    Lantern Realty & Development, LLC

    (980) 252-8506

    19 Total Sales

    5 in Concord

    $80K - $267K Price Range

    Crystal Gomez
     Section Image
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Purchase 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 Buyer Sale Price Title Company
$279,000 None Available
Hoyle James A -- None Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $409,500
Closed Skinner Justin A $279,000
Previous Owner Hoyle James A $222,000
Previous Owner Hoyle James A $188,000
Previous Owner Hoyle James A $200,000
Previous Owner Hoyle James $180,000
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
07/29/2020 07/29/20 Sold $279,000 -8.5% $109 / Sq Ft
06/28/2020 06/28/20 Pending -- -- --
06/16/2020 06/16/20 Price Changed $305,000 -4.7% $119 / Sq Ft
06/01/2020 06/01/20 For Sale $320,000 +14.7% $125 / Sq Ft
05/31/2020 05/31/20 Off Market $279,000 -- --
05/08/2020 05/08/20 Price Changed $320,000 -2.7% $125 / Sq Ft
03/09/2020 03/09/20 Price Changed $329,000 -1.8% $128 / Sq Ft
02/19/2020 02/19/20 Price Changed $335,000 -4.3% $131 / Sq Ft
01/17/2020 01/17/20 For Sale $350,000 -- $136 / Sq Ft
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
2026 -- $470,280 $256,780 $213,500
2025 $3,297 $470,280 $256,780 $213,500
2024 $3,297 $470,280 $256,780 $213,500
2023 $2,619 $297,610 $165,080 $132,530
2022 $2,619 $297,610 $165,080 $132,530
2021 $2,619 $297,610 $165,080 $132,530
2020 $2,619 $297,610 $165,080 $132,530
2019 $2,240 $254,580 $132,980 $121,600
2018 $2,189 $254,580 $132,980 $121,600
2017 $2,037 $254,580 $132,980 $121,600
2016 $1,930 $251,620 $132,980 $118,640
2015 $1,907 $251,620 $132,980 $118,640
2014 $1,907 $251,620 $132,980 $118,640
Source: Public Records

Agents Affiliated with this Home

  • RA

    Seller's Agent in 2020

    Rachel Alles

    Mark Spain

    (704) 252-0597

    26 Total Sales

    Rachel Alles
    Section Image

  • IJ

    Seller Co-Listing Agent in 2020

    Ivory Joyner

    Coldwell Banker Realty

    (704) 277-7965

    25 Total Sales

    Ivory Joyner
    Section Image

  • MK

    Buyer's Agent in 2020

    Michael King

    Lantern Realty & Development, LLC

    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3582605

Canopy MLS

APN: 5528-43-5540-0000

North Carolina Cabarrus County Concord 28025

5375 Rocky River Rd, Concord, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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