NOT LISTED FOR SALE

56 Reed St NE Concord, NC 28025

Concord Area

Estimated Value: $296,925

0.18 Acre
$1,649,583 Price per Acre
7,841 Sq Ft Lot

Sale Details

Date Sold: October 10, 2024

Last sale price $33,750

Est. 780% increase in value since last sale

Current estimated payment $1,732 / mo

About This Lot

As of October 2024

Building lot in city limits. Close to downtown Concord and upcoming development, current brewery, close to restaurants.

Last Agent to Sell the Property

Margaret Dabbs

Howard Hanna Allen Tate Concord Brokerage Email: margaret.dabbs@allentate.com License #161607 Listed on: 08/06/2023

Howard Hanna Allen Tate Concord

Last Buyer's Agent

Noelle Donovan Baranuk

Howard Hanna Allen Tate Concord License #256952

Howard Hanna Allen Tate Concord

Range of Values:

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

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • Lot Dimensions are 17x121x138x27
  • Possible uses of the property include Residential
  • Property is zoned RM-2

Schools

  • W.M. Irvin Elementary School
  • Concord Middle School
  • Concord High School

Utilities

  • Water Tap or Transfer Fee

Listing and Financial Details

  • Assessor Parcel Number 5621-90-8278-0000

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Manufactured Home Not Allowed,No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • MLS Status: Closed
  • Standard Status: Closed
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: margaret.dabbs@allentate.com
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Other Structures: None

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer, Tap Fee Required
  • Water Source: City, Tap Fee Required

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5621-90-8278-0000
  • Can Be Subdivided: 0
  • Lot Size: 17x121x138x27
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RM-2

MLS Schools

  • Elementary School: W.M. Irvin
  • High School: 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
Jun 9, 2025
Sold by
Gaddis Bros Property Holdings Llc
Bought by
Current Estimated Value
$296,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,300
Outstanding Balance
$267,242
Interest Rate
5.94%
Mortgage Type
New Conventional
Estimated Equity
$29,683

Purchase Details

Listed on
Aug 6, 2023
Closed on
Nov 18, 2024
Sold by
City Of Concord
Bought by
Gaddis Bros Property Holdings Llc
Seller's Agent
Margaret Dabbs
Howard Hanna Allen Tate Concord
Buyer's Agent
Noelle Donovan Baranuk
Howard Hanna Allen Tate Concord
List Price
$33,750
Sold Price
$33,750
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
201.56%
Original Mortgage
$5,000,000
Interest Rate
6.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 6, 2023
Closed on
Sep 24, 2024
Sold by
Bennett Llewellyn Helen and Greene Herbert B
Bought by
Gaddis Bros Property Holdings Llc
Seller's Agent
Margaret Dabbs
Howard Hanna Allen Tate Concord
Buyer's Agent
Noelle Donovan Baranuk
Howard Hanna Allen Tate Concord
List Price
$33,750
Sold Price
$33,750
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
6.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2017
Sold by
Greene Herbert B
Bought by
Greene Herbert B
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Concord, NC

  • Jules King Real Estate Agent - NextHome Choice Realty

    Jules King

    NextHome Choice Realty

    (980) 890-6853

    98 Total Sales

    3 in Concord

    $185K - $245K Price Range

    Jules King
     Section Image
  • Stephanie Luther Real Estate Agent - Howard Hanna Allen Tate Lake Norman

    Stephanie Luther

    Howard Hanna Allen Tate Lake Norman

    (704) 207-0321

    75 Total Sales

    14 in Concord

    $300K - $1.3M Price Range

    Stephanie Luther
     Section Image
  • Judy Siebs Real Estate Agent - Better Homes and Gardens Real Estate Paracle

    Judy Siebs

    Better Homes and Gardens Real Estate Paracle

    (888) 375-8177

    50 Total Sales

    10 in Concord

    $140K - $1M Price Range

    Judy Siebs
     Section Image
  • James Soderberg Real Estate Agent - The Lake Team LLC

    James Soderberg

    The Lake Team LLC

    (516) 558-5561

    63 Total Sales

    1 in Concord

    $510,960 Price

    James Soderberg
     Section Image
  • Sheila St Germain Real Estate Agent - EXP Realty LLC Ballantyne

    Sheila St Germain

    Responds Quickly

    EXP Realty LLC Ballantyne

    (980) 990-2895

    331 Total Sales

    4 in Concord

    $105K - $332K Price Range

    Sheila St Germain
     Section Image
  • Vivian Knight Real Estate Agent - RE/MAX Executive

    Vivian Knight

    RE/MAX Executive

    (803) 598-1042

    74 Total Sales

    1 in Concord

    $305,000 Price

    Vivian Knight
     Section Image
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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
$290,000 None Listed On Document
Gaddis Bros Property Holdings Llc -- None Listed On Document
Gaddis Bros Property Holdings Llc $34,000 None Listed On Document
Greene Herbert B -- None Available
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 $281,300
Previous Owner Gaddis Bros Property Holdings $5,000,000
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
10/10/2024 10/10/24 Sold $33,750 0.0% --
08/06/2023 08/06/23 For Sale $33,750 -- --
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
2026 -- $293,610 $52,000 $241,610
2025 $518 $52,000 $52,000 $0
2024 $518 $52,000 $52,000 $0
2023 $305 $25,000 $25,000 $0
2022 $305 $25,000 $25,000 $0
2021 $305 $25,000 $25,000 $0
2020 $305 $25,000 $25,000 $0
2019 $146 $12,000 $12,000 $0
2018 $144 $12,000 $12,000 $0
2017 $142 $12,000 $12,000 $0
2016 $84 $20,000 $20,000 $0
2015 $236 $20,000 $20,000 $0
2014 $236 $20,000 $20,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Margaret Dabbs Real Estate Agent - Allen Tate Realtors

    Seller's Agent in 2024

    Margaret Dabbs

    Allen Tate Realtors

    (704) 791-2806

    96 Total Sales

    Margaret Dabbs
    Section Image
  • Noelle Donovan Baranuk Real Estate Agent - Allen Tate Realtors

    Buyer's Agent in 2024

    Noelle Donovan Baranuk

    Allen Tate Realtors

    (980) 254-5512

    161 Total Sales

    Noelle Donovan Baranuk
    Section Image
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Map

Source: Canopy MLS

MLS Number: 4057543

Canopy MLS

APN: 5621-90-8278-0000

North Carolina Cabarrus County Concord 28025

56 Reed St NE, 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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