NOT LISTED FOR SALE

56 Cabarrus Ave W Concord, NC 28025

Concord Area

Estimated Value: $447,725

5 Beds
2 Baths
5,503 Sq Ft
$81/Sq Ft Est. Value

Sale Details

Date Sold: October 20, 2017

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

Est. 142% increase in value since last sale

Current estimated payment $2,917 / mo

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

  • Lot Dimensions are 127x242x120x248

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

0.69 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2023
Sold by
Bought by
Current Estimated Value
$447,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
0.0633%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 27, 2017
Closed on
Oct 20, 2017
Sold by
Bought by
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
10.65%

Purchase Details

Closed on
May 24, 2016
Sold by
Bought by

Purchase Details

Closed on
Jan 15, 1998
Sold by
Bought by

Purchase Details

Closed on
Sep 1, 1985
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$400,000 --
$185,000 Investors Title
$225,000 None Available
-- --
$90,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $320,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • A

    Seller's Agent in 2017

    Amy Daniels

    Center Point Properties LLC

    (704) 507-3584

    15 Total Sales

    Amy Daniels
    Section Image

  • T

    Buyer's Agent in 2017

    Toni Collins

    Redfin Corporation

See All Agents

Map

Source: Canopy MLS

MLS Number: CAR3253089

Canopy MLS

APN: 5620-87-1679-0000

North Carolina Cabarrus County Concord 28025

56 Cabarrus Ave W, Concord, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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