NOT LISTED FOR SALE

540 Allison St NW Concord, NC 28025

Estimated Value: $179,000 - $223,863

2 Beds
1 Bath
1,062 Sq Ft
$182/Sq Ft Est. Value

Last Sold November 02, 2023

Last sale price $153,000 $144 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,143/month

3 Days on Market

Highlights

  • Private Lot
  • Wooded Lot
  • Wood Flooring
  • Beverly Hills STEM Elementary Rated A-
  • Ranch Style House
  • Covered Patio or Porch

About This Home

As of November 2023

Check out this quaint Bungalow home located right in the heart of Concord! Close by to Downtown Concord and the many shops and restaurants that the area has to offer. Huge private backyard. The perfect home for a Homebuyer or Investor Schedule your showing today!! Large 2 Bed One bath at over 1000 square feet, HVAC 2022 and roof 2017- House is in great shape but just needs some TLC on the kitchen floor- Huge Lot almost .70 acres. Seller will make no repairs- Great starter home or add to your rental portfolio
Back on the Market at no fault to the sellers- Buyer never performed any inspections and backed out after DD period
Tenant in place but they have been given notice of the sale- - Supra is on the Side porch but please make sure dog is in the kennel outside before entering the house

Last Agent to Sell the Property

Gary Myerscough

Lake Norman Realty, Inc. Brokerage Email: garym@lakenormanrealty.com License #284194 Listed on: 09/16/2023

Lake Norman Realty, Inc.

Last Buyer's Agent

Nick Henderson

United Investexusa 19 LLC License #329097

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1938

Lot Details

  • Private Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned RV

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,062 Sq Ft Home
  • Window Screens
  • Pull Down Stairs to Attic
  • Laundry in Utility Room

Kitchen

  • Electric Oven
  • Electric Cooktop

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Dirt Floor
  • Crawl Space

Parking

  • Driveway
  • 2 Open Parking Spaces

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Beverly Hills Elementary School
  • Concord Middle School
  • Concord High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5621-31-2894-0000

Home Details

Home Type

Single Family

Year Built

Built in 1938

Lot Details

0.66 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1938
  • Restrictions: No Restrictions
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 144.07
  • Bedroom Lower: 0
  • Geocode Confidence: Medium
  • Attribution Contact: garym@lakenormanrealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Linoleum, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Cable Prewire
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1062
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Cooktop, Electric Oven
  • Above Grade Finished Sq Ft: 1062
  • Has Basement: Dirt Floor
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Screen Door(s)
  • Living Area: 1062
  • Bedroom Main: 2
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Aluminum, Brick Partial
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Forced Air
  • Sewer: Public Sewer
  • Laundry Features: Utility Room
  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Gas, Phone Connected
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Level, Private, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 5621-31-2894-0000
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RV

MLS Schools

  • Elementary School: Beverly Hills
  • High School: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2023
Closed on
Oct 31, 2023
Sold by
Gray Phillip R and Gray Donna T
Bought by
Investcar Llc
Seller's Agent
Gary Myerscough
Lake Norman Realty, Inc.
Buyer's Agent
Nick Henderson
United Investexusa 19 LLC
List Price
$189,000
Sold Price
$153,000
Premium/Discount to List
-$36,000
-19.05%
Views
64
Current Estimated Value
$193,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,466
Avg. Annual Appreciation
10.36%
Original Mortgage
$178,500
Outstanding Balance
$174,384
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$19,082

Purchase Details

Listed on
Sep 16, 2023
Closed on
Oct 23, 2023
Sold by
Investcar Llc
Bought by
Gatca Real Estate Llc
Seller's Agent
Gary Myerscough
Lake Norman Realty, Inc.
Buyer's Agent
Nick Henderson
United Investexusa 19 LLC
List Price
$189,000
Sold Price
$153,000
Premium/Discount to List
-$36,000
-19.05%
Views
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Outstanding Balance
$174,384
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$19,082

Purchase Details

Closed on
Mar 13, 2007
Sold by
Newton Kay L and Newton Wylie H
Bought by
Newton Wylie H and Newton Kay L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Investcar Llc $153,000 None Listed On Document
Investcar Llc $153,000 None Listed On Document
Gatca Real Estate Llc $165,500 None Listed On Document
Gatca Real Estate Llc $165,500 None Listed On Document
Newton Wylie H $68,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gatca Real Estate Llc $178,500
Closed Gatca Real Estate Llc $178,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2023 11/02/23 Sold $153,000 -14.5% $144 / Sq Ft
10/08/2023 10/08/23 Price Changed $179,000 -5.3% $169 / Sq Ft
10/06/2023 10/06/23 For Sale $189,000 0.0% $178 / Sq Ft
09/19/2023 09/19/23 Pending -- -- --
09/16/2023 09/16/23 For Sale $189,000 -- $178 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,630 $163,700 $55,000 $108,700
2024 $1,626 $163,210 $55,000 $108,210
2023 $971 $79,620 $30,000 $49,620
2022 $971 $79,620 $30,000 $49,620
2021 $971 $79,620 $30,000 $49,620
2020 $971 $79,620 $30,000 $49,620
2019 $721 $59,080 $17,500 $41,580
2018 $709 $59,080 $17,500 $41,580
2017 $697 $59,080 $17,500 $41,580
2016 $414 $61,990 $17,500 $44,490
2015 $731 $61,990 $17,500 $44,490
2014 $731 $61,990 $17,500 $44,490
Source: Public Records

Agents Affiliated with this Home

  • Gary Myerscough

    Seller's Agent in 2023

    Gary Myerscough

    Lake Norman Realty, Inc.

    (704) 526-8611

    3 in this area

    48 Total Sales

    Gary Myerscough
    Section Image

  • N

    Buyer's Agent in 2023

    Nick Henderson

    United Investexusa 19 LLC

    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4069730

Canopy MLS (Canopy Realtor® Association)

APN: 5621-31-2894-0000

North Carolina Cabarrus County Concord 28025

540 Allison St NW, Concord, NC

Not Listed for Sale

Detached

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 (Canopy Realtor® Association) 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

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