NOT LISTED FOR SALE

56 Tribune Ave SW Concord, NC 28025

Concord Area

Estimated Value: $116,000 - $295,000

21 Beds
5 Baths
7,808 Sq Ft
$25/Sq Ft Est. Value

Sale Details

Date Sold: February 18, 2013

Last sale price $325,000 $42 Per Sq Ft

Est. 40% decrease in value since last sale

Current estimated payment $1,117 / mo

1003 Days on Market

Highlights

  • Traditional Architecture
  • R Brown Mcallister STEMElementary Rated A-
  • Carpet

About This Home

As of February 2013

Apartment complex in Concord with good rental history, just off of Union Street. 8 units with 2 bedrooms and 1 bathroom, one unit with 5 bedrooms and 2 bathrooms. Good strong rental history and priced below tax value. Currently 100% rented @ $475-$495 & $780 monthly. Possible owner financing with +/- 20% down

Last Agent to Sell the Property

Kirk Hanson

Coldwell Banker- CK Select License #235328 Listed on: 05/05/2010

Coldwell Banker- CK Select

Last Buyer's Agent

Lisa Revis

Southern Charm Realty Inc License #255873

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1999

Lot Details

  • 0.31

Home Design

  • Traditional Architecture
  • Vinyl Siding

Flooring

  • Carpet
  • Vinyl

Additional Features

  • 5 Full Bathrooms
  • Lot Dimensions are 66x208

Listing and Financial Details

  • Tenant pays for all utilities
  • Rent includes exterior maintenance, garbage pick-up
  • Assessor Parcel Number 5630-04-7583-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1999

Lot Details

0.31 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Apartments
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.93123
  • Ratio Close Price By Original Li: 0.76471
  • Ratio Current Price By Acre: 1031746.03
  • Ratio Current Price By Sq Ft: 41.62
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Full Bathrooms: 5
  • Total Bathrooms: 10.00
  • Total Bedrooms: 21
  • Equipment: Dishwasher, Refrigerator, Ceiling Fan(s), Cable Prewire, Convection Oven, Cooktop Electric
  • Flooring: Carpet, Vinyl
  • Laundry Location: Kitchen
  • Total Sq Ft: 7808

Exterior Features

  • Construction: Vinyl

Garage/Parking

  • Driveway: Asphalt

Utilities

  • Heating: Central Air, Heat Pump - AC, Electric Hot Air, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 66x208
  • Lot Size Units: Acres
  • Parcel Number: 5630-04-7583-0000
  • Zoning Specification: Rc

Rental Info

  • Rent Includes: Exterior Maintenance, Garbage Pick-up
  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 526430.00
  • Tax Location: Concord

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 9

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
Oct 6, 2017
Sold by
Bought by
Current Estimated Value
$195,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,800
Interest Rate
0.0386%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 2015
Sold by
Bought by

Purchase Details

Closed on
Nov 21, 2012
Sold by
Bought by

Purchase Details

Closed on
Dec 11, 2001
Sold by
Bought by
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
$520,000 None Available
$325,000 None Available
-- 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 $338,000
Closed $415,800
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
02/18/2013 02/18/13 Sold $325,000 -23.5% $42 / Sq Ft
02/01/2013 02/01/13 Pending -- -- --
05/05/2010 05/05/10 For Sale $425,000 -- $54 / 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 $643 $64,580 $50,000 $14,580
2024 $643 $64,580 $50,000 $14,580
2023 $335 $27,450 $20,000 $7,450
2022 $335 $27,450 $20,000 $7,450
2021 $335 $27,450 $20,000 $7,450
2020 $335 $27,450 $20,000 $7,450
2019 $251 $20,550 $13,000 $7,550
2018 $247 $20,550 $13,000 $7,550
2017 $242 $20,550 $13,000 $7,550
2016 $144 $20,550 $13,000 $7,550
2015 $242 $20,550 $13,000 $7,550
2014 $242 $20,550 $13,000 $7,550
Source: Public Records

Agents Affiliated with this Home

  • Kirk Hanson

    Seller's Agent in 2013

    Kirk Hanson

    Coldwell Banker- CK Select

    (704) 791-9469

    14 in this area

    295 Total Sales

    Kirk Hanson
    Section Image
  • Lisa Revis

    Buyer's Agent in 2013

    Lisa Revis

    Southern Charm Realty Inc

    (704) 924-1954

    65 Total Sales

    Lisa Revis
    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR938066

Canopy MLS

APN: 5630-04-7583-0000

North Carolina Cabarrus County Concord 28025

56 Tribune Ave SW, 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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