540 Allison St NW Concord, NC 28025
2
Beds
1
Bath
1,062
Sq Ft
0.66
Acres
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 2023Check 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
Lake Norman Realty, Inc. Brokerage Email: garym@lakenormanrealty.com License #284194 Listed on: 09/16/2023
Last Buyer's Agent
Nick Henderson
United Investexusa 19 LLC License #329097
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,626
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
Kitchen
- Electric Oven
- Electric Cooktop
Flooring
- Wood
- 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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,077
Avg. Annual Appreciation
10.74%
Original Mortgage
$178,500
Outstanding Balance
$175,357
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$7,722
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
$175,357
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$7,722
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
Similar Homes in Concord, NC
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $153,000 | None Listed On Document | |
| Warranty Deed | $153,000 | None Listed On Document | |
| Special Warranty Deed | $165,500 | None Listed On Document | |
| Special Warranty Deed | $165,500 | None Listed On Document | |
| Interfamily Deed Transfer | $68,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $178,500 | New Conventional | |
| Closed | $178,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 Compared to Growth
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 | $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
-
Seller's Agent in 2023
Gary Myerscough
Lake Norman Realty, Inc.
(704) 526-8611
1 in this area
45 Total Sales
-
N
Buyer's Agent in 2023
Nick Henderson
United Investexusa 19 LLC
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4069730
APN: 5621-31-2894-0000
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