NOT LISTED FOR SALE

56 Cabarrus Ave W Concord, NC 28025

Estimated Value: $452,337

5 Beds
2 Baths
5,503 Sq Ft
$82/Sq Ft Est. Value

Last Sold October 20, 2017

Last sale price $185,000 $34 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $2,870/month

206 Days on Market

Highlights

  • European Architecture
  • Wood Flooring
  • 5-minute walk to Coltrane-Webb Playground
  • Coltrane-Webb Elementary School Rated A-
  • Fireplace

About This Home

As of October 2017

Great down town Concord property. This property is zoned C1 has many uses and must be seen to understand the potential. Three floors with fire escape. The lot is oversized with numerous parking spaces. Beautiful fireplaces and staircase. Well preserved and ready for its next life.
Property is zoned fro Residential and Commercial.

Drastic Price Deduction do not wait!!!!

Last Agent to Sell the Property

Amy Daniels

Center Point Properties LLC License #163146 Listed on: 02/27/2017

Last Buyer's Agent

Toni Collins

Redfin Corporation

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1874

Lot Details

  • 0.69

Home Design

  • European Architecture

Interior Spaces

  • 2 Full Bathrooms
  • 3-Story Property
  • Fireplace

Flooring

  • Wood
  • Carpet

Listing and Financial Details

  • Assessor Parcel Number 5620871679000

Home Details

Home Type

Single Family

Year Built

Built in 1874

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 3 Story
  • Architectural Style: European
  • Ratio Close Price By List Price: 0.80435
  • Ratio Close Price By Original Li: 0.56923
  • Ratio Current Price By Acre: 268115.94
  • Ratio Current Price By Sq Ft: 33.62
  • Year Built: 1874
  • Special Features: None
  • Stories: 3

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 3441
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Room Count: 3
  • Main Level Sq Ft: 2062
  • Total Sq Ft: 5503

Exterior Features

  • Construction: Shingle, Wood
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Parking Space - 4+

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Lot Info

  • Lot Dimension: 127x242x120x248
  • Parcel Number: 5620871679000
  • Plat Reference Section Pages: 0018
  • Zoning: Residential
  • Zoning Specification: Res

Tax Info

  • Tax Value: 256020.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2023
Sold by
Second Empire Properties Llc
Bought by
Intergalactic Properties Llc
Current Estimated Value
$452,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.76%

Purchase Details

Listed on
Feb 27, 2017
Closed on
Oct 20, 2017
Sold by
Junda S Cannon Llc
Bought by
Secnond Emprler Properites Llc
Seller's Agent
Amy Daniels
Center Point Properties LLC
Buyer's Agent
Toni Collins
Redfin Corporation
List Price
$325,000
Sold Price
$185,000
Premium/Discount to List
-$140,000
-43.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.62%

Purchase Details

Closed on
May 24, 2016
Sold by
The Cynthia S Barnhardt Trust
Bought by
Junda S Cannon Llc

Purchase Details

Closed on
Jan 15, 1998
Sold by
Barnhardt John M
Bought by
Barnhardt John M and Barnhardt Cynthia S

Purchase Details

Closed on
Sep 1, 1985
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Intergalactic Properties Llc $400,000 --
Secnond Emprler Properites Llc $185,000 Investors Title
Junda S Cannon Llc $225,000 None Available
Barnhardt John M -- --
-- $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Intergalactic Properties Llc $80,000
Open Intergalactic Properties Llc $320,000
Closed Junda S Cannon Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2017 10/20/17 Sold $185,000 -43.1% $34 / Sq Ft
09/21/2017 09/21/17 Pending -- -- --
02/27/2017 02/27/17 For Sale $325,000 -- $59 / 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 $5,975 $599,880 $284,880 $315,000
2024 $5,975 $599,880 $284,880 $315,000
2023 $4,725 $387,260 $282,030 $105,230
2022 $4,725 $387,260 $282,030 $105,230
2021 $4,725 $387,260 $282,030 $105,230
2020 $4,725 $387,260 $282,030 $105,230
2019 $3,055 $250,410 $95,700 $154,710
2018 $3,040 $253,370 $95,700 $157,670
2017 $3,021 $256,020 $98,350 $157,670
2016 $1,792 $301,110 $98,350 $202,760
2015 $3,553 $301,110 $98,350 $202,760
2014 $3,553 $301,110 $98,350 $202,760
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3253089

Canopy MLS (Canopy Realtor® Association)

APN: 5620-87-1679-0000