NOT LISTED FOR SALE

550 Railway Place SW Concord, NC 28025

Estimated Value: $269,000 - $283,000

3 Beds
2 Baths
1,255 Sq Ft
$220/Sq Ft Est. Value

Last Sold July 03, 2023

Last sale price $266,000 $212 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,576/month

6 Days on Market

Highlights

  • Cul-De-Sac
  • Front Porch
  • Laundry Room
  • J.N. Fries Middle School Rated A-
  • Patio
  • 1-Story Property

About This Home

As of July 2023

This charming property is perfectly located in Southern Chase Community providing easy access to 49 and 601 Highways. This home is in need of some TLC, it has the potential to be a beautiful and inviting space. With a little imagination and some work, this property can be transformed into the home of your dreams. This home features a spacious and flowing floor plan, perfect for entertaining. The kitchen offers plenty of space and is ready for your personal touch. The home features three well-appointed bedrooms, each with ample space and potential.
The roof, water heater and HVAC unit are 2021. The refrigerator convey with and acceptable offer.
No repairs will be done, the house is for sale AS IS.

Last Agent to Sell the Property

Ivonne Erion

Lantern Realty & Development, LLC License #289340 Listed on: 05/30/2023

Lantern Realty & Development, LLC

Last Buyer's Agent

Dave DeSilva

Keller Williams Ballantyne Area License #225834

Keller Williams Ballantyne Area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,324

Year Built

  • Built in 2002

Lot Details

  • Cul-De-Sac
  • Property is zoned RC

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,255 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • 3 Open Parking Spaces

Outdoor Features

  • Patio
  • Front Porch

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Southern Chase Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5529-65-5469-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,324

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2002
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 211.95
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Flooring: Vinyl
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1255
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Refrigerator
  • Above Grade Finished Sq Ft: 1255
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1255
  • Bedroom Main: 3
  • Room Count: 1

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Construction Type: Aluminum, Vinyl
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Forced Air
  • Sewer: Public Sewer
  • Laundry Features: In Hall, Inside, Main Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Area: 0.13
  • Lot Size Units: Acres
  • Parcel Number: 5529-65-5469-0000
  • Zoning: RC
  • Plat Book Slide: 00038/0037
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RC

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2002
Sold by
Beazer Homes Corp
Bought by
Sosa Laurentino G
Current Estimated Value
$276,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,623
Outstanding Balance
$45,605
Interest Rate
6.98%
Mortgage Type
FHA
Estimated Equity
$230,849
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
Sosa Laurentino G $109,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sosa Laurentino G $107,623
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2023 07/03/23 Sold $266,000 +0.4% $212 / Sq Ft
05/30/2023 05/30/23 For Sale $265,000 -- $211 / 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 $1,324 $265,900 $65,000 $200,900
2024 $1,324 $265,900 $65,000 $200,900
2023 $1,757 $144,050 $34,000 $110,050
2022 $1,751 $143,560 $34,000 $109,560
2021 $1,751 $143,560 $34,000 $109,560
2020 $1,751 $143,560 $34,000 $109,560
2019 $1,305 $106,950 $18,000 $88,950
2018 $1,283 $106,950 $18,000 $88,950
2017 $1,262 $106,950 $18,000 $88,950
2016 $749 $91,870 $18,000 $73,870
2015 $1,023 $91,870 $18,000 $73,870
2014 $1,023 $91,870 $18,000 $73,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4033003

Canopy MLS (Canopy Realtor® Association)

APN: 5529-65-5469-0000