NOT LISTED FOR SALE

55 Pounds Ave SW Concord, NC 28025

Estimated Value: $206,000 - $228,000

2 Beds
1 Bath
788 Sq Ft
$272/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $195,000 $247 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,329/month

9 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • Walk-In Closet
  • R Brown Mcallister STEMElementary Rated A-
  • Cottage
  • Patio

About This Home

As of June 2022

This super charming cottage home is located just off Union St, right outside the Historic District. Nature lovers will enjoy the beautiful yard with an extensive amount of landscaping: azaleas, rhododendron, pecan trees, etc. Fenced in backyard includes carport and shed for extra storage. New (all in April 2022) in the home: architectural roof, granite countertops, interior paint, tile surround in shower, stove, dishwasher, fridge, toilet. Hardwoods throughout the home, except the kitchen and bath which have easy maintenance vinyl flooring. Hvac serviced 2022. Great starter home, a place to downsize, or potential rental. Washer, dryer, refrigerator and countertop microwave all convey with an acceptable offer. SHOWINGS START TUES MAY 17TH

Last Agent to Sell the Property

Shannon Winkler Lynch

Savvy + Co Real Estate License #272277 Listed on: 05/17/2022

Last Buyer's Agent

Crystal Gant

Lifestyle International Realty License #330162

Lifestyle International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,949

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 50 x 150 x 50 x 150
  • Fenced
  • Level Lot
  • Wooded Lot
  • Zoning described as RV

Parking

  • Driveway

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 788 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed

Schools

  • R Brown Mcallister Elementary School
  • Concord Middle School
  • Concord High School

Utilities

  • Central Heating
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5539-49-1969-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,949

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1950
  • Ratio Current Price By Acre: 1133720.93
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Vinyl, Wood
  • Interior Amenities: Attic Other, Attic Stairs Pulldown, Cable Available, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 788
  • 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: Covered,Front,Patio
  • Appliances: Cable Prewire, Ceiling Fan(s), Dishwasher, Dryer, Electric Oven, Electric Dryer Hookup, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 788
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fence, Shed(s)
  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Concord
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Carport - 1 Car, Driveway

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level, In Kitchen
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

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

Lot Info

  • Lot Features: Level, Sloped, Wooded
  • Lot Size Area: 0.172
  • Lot Size Units: Acres
  • Parcel Number: 5539-49-1969-0000
  • Lot Size: 50 x 150 x 50 x 150
  • Zoning Description: RV

Tax Info

  • RATIO List Price By Tax Amount: 1.84658

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: R Brown McAllister
  • High School: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Jun 17, 2022
Sold by
Lee Adams Sherry
Bought by
Preyer William Carl
Seller's Agent
Shannon Winkler Lynch
Savvy + Co Real Estate
Buyer's Agent
Crystal Gant
Lifestyle International Realty
List Price
$175,000
Sold Price
$195,000
Premium/Discount to List
$20,000
11.43%
Current Estimated Value
$214,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,619
Avg. Annual Appreciation
3.77%
Original Mortgage
$185,250
Outstanding Balance
$177,750
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$41,865

Purchase Details

Listed on
Apr 5, 2017
Closed on
May 22, 2017
Sold by
Mccleery Sherly and Mccleery Sherly L
Bought by
Adams Sherry Lee
Seller's Agent
Michael Bowman
Carolina Residential Group LLC
Buyer's Agent
Holly Drummond
MATHERS REALTY.COM
List Price
$109,900
Sold Price
$108,750
Premium/Discount to List
-$1,150
-1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.21%
Original Mortgage
$105,487
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2014
Sold by
Mccleery Sheryl
Bought by
Mccleery Sheryl and Mccleery Sheryl L

Purchase Details

Closed on
Mar 11, 2004
Sold by
Burris Joy Y
Bought by
Mccleery Sheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
5.68%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 1, 1999
Sold by
Kiser Danny T and Kiser Deleslie W
Bought by
Burris Joy Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.75%

Purchase Details

Closed on
Apr 1, 1994

Purchase Details

Closed on
Aug 1, 1988
Source: Public Records

Range of Values:

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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
Preyer William Carl $195,000 Sperry Law Firm Pc
Adams Sherry Lee $109,000 None Available
Mccleery Sheryl -- None Available
Mccleery Sheryl $67,000 --
Burris Joy Y $55,000 --
-- $45,000 --
-- $37,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Preyer William Carl $185,250
Previous Owner Adams Sherry Lee $105,487
Previous Owner Mccleery Sheryl $69,600
Previous Owner Mccleery Sheryl $67,000
Previous Owner Burris Joy Y $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $195,000 +11.4% $247 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $175,000 +60.9% $222 / Sq Ft
05/23/2017 05/23/17 Sold $108,750 -1.0% $136 / Sq Ft
04/11/2017 04/11/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $109,900 0.0% $137 / Sq Ft
02/09/2015 02/09/15 Rented $795 +6.0% --
02/06/2015 02/06/15 Under Contract -- -- --
11/04/2014 11/04/14 For Rent $750 -- --
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 $1,949 $195,720 $64,000 $131,720
2023 $1,281 $104,990 $29,600 $75,390
2022 $1,156 $94,770 $29,600 $65,170
2021 $1,156 $94,770 $29,600 $65,170
2020 $1,156 $94,770 $29,600 $65,170
2019 $914 $74,940 $25,600 $49,340
2018 $899 $74,940 $25,600 $49,340
2017 $868 $73,560 $25,600 $47,960
2016 $515 $74,520 $25,600 $48,920
2015 $877 $74,520 $25,600 $48,920
2014 $877 $74,520 $25,600 $48,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3846083

Canopy MLS (Canopy Realtor® Association)

APN: 5539-49-1969-0000