NOT LISTED FOR SALE

5540 Nc Hwy 73 E Concord, NC 28025

Estimated Value: $188,000 - $280,000

2 Beds
1 Bath
894 Sq Ft
$251/Sq Ft Est. Value

Last Sold October 19, 2020

Last sale price $100,000 $112 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $1,253/month

16 Days on Market

Highlights

  • Wood Flooring
  • 1-Story Property
  • Level Lot

About This Home

As of October 2020

Calling all investors or someone looking to add to their rental portfolio. This bungalow sitting on .88 acre lot is full of possibilities. You can move right in, remodel it to 2020 features, or add on and make it larger. There is a huge garage/workshop behind the home with power & water. Home will be sold AS IS.

Last Agent to Sell the Property

Kimberly Gandy

Call It Closed International Inc License #228992 Listed on: 08/26/2020

Last Buyer's Agent

Crystal Cauble

Lantern Realty & Development, LLC License #297260

Lantern Realty & Development, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • Lot Dimensions are 123x318x116x309
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Asbestos Siding

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Crawl Space

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Additional Features

  • Outbuilding
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 5650-79-8536-0000

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0.88 Acres

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.86957
  • Ratio Close Price By Original Li: 0.76982
  • Ratio Current Price By Acre: 113636.36
  • Ratio Current Price By Sq Ft: 111.86
  • Year Built: 1935
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Electric Dryer Hookup, Electric Range, Ice Maker Connection, Refrigerator
  • Flooring: Laminate Wood, Tile, Vinyl, Wood
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 894
  • Total Sq Ft: 894

Exterior Features

  • Construction: Asbestos
  • Construction Type: Site Built
  • Exterior Features: Outbuilding

Garage/Parking

  • Driveway: Gravel
  • Parking: Detached Garage, Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 123x318x116x309
  • Lot Features: Level
  • Parcel Number: 5650-79-8536-0000
  • Zoning Specification: CR

Tax Info

  • Tax Value: 68980.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Oct 16, 2020
Sold by
Baker Wayne E and Baker Anita Sue
Bought by
Freeman Gary and Freeman Darlene
Seller's Agent
Kimberly Gandy
Call It Closed International Inc
Buyer's Agent
Crystal Cauble
Lantern Realty & Development, LLC
List Price
$129,900
Sold Price
$100,000
Premium/Discount to List
-$29,900
-23.02%
Current Estimated Value
$224,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,181
Avg. Annual Appreciation
16.25%

Purchase Details

Closed on
May 21, 2014
Sold by
Baker Megan N
Bought by
Baker Wayne E

Purchase Details

Closed on
Oct 8, 2008
Sold by
Hilliard Doris Ann Miller and Hilliard Jerry
Bought by
Baker Wayne E and Baker Megan N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,800
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
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
Freeman Gary $100,000 None Available
Baker Wayne E -- None Available
Baker Wayne E $97,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baker Wayne E $96,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2020 10/19/20 Sold $100,000 -13.0% $112 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
09/10/2020 09/10/20 Price Changed $115,000 -11.5% $129 / Sq Ft
09/10/2020 09/10/20 For Sale $129,900 0.0% $145 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $129,900 0.0% $145 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $129,900 -- $145 / 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 $1,221 $177,950 $42,950 $135,000
2024 $1,022 $149,010 $42,950 $106,060
2023 $749 $87,260 $28,260 $59,000
2022 $691 $93,130 $28,260 $64,870
2021 $691 $93,130 $28,260 $64,870
2020 $691 $80,550 $28,260 $52,290
2019 $592 $68,980 $23,740 $45,240
2018 $568 $68,980 $23,740 $45,240
2017 $554 $68,980 $23,740 $45,240
2016 $554 $69,710 $24,870 $44,840
2015 $546 $69,710 $24,870 $44,840
2014 $546 $69,710 $24,870 $44,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3656179

Canopy MLS (Canopy Realtor® Association)

APN: 5650-79-8536-0000

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