NOT LISTED FOR SALE

561 Sylvan St SW Concord, NC 28025

Estimated Value: $167,000 - $192,000

2 Beds
1 Bath
697 Sq Ft
$258/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $100,000 $143 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,087/month

5 Days on Market

Highlights

  • Wood Flooring
  • Bungalow
  • Many Trees
  • R Brown Mcallister STEMElementary Rated A-

About This Home

As of April 2020

Charming home in desirable location, this small home is on a private lot with new fenced in back yard. Home has a low maintenance exterior and roof, water heater, replaced in the last 10 years by previous owner. Convenient to shopping, grocery stores, and neighborhood schools. Home is to be sold as is.

Last Agent to Sell the Property

Toleah Poplin

Lake Norman Realty, Inc License #275841 Listed on: 03/21/2020

Lake Norman Realty, Inc

Last Buyer's Agent

Iksayana Wester

Homes by Iksayana LLC License #262041

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 0.28

Parking

  • Gravel Driveway

Home Design

  • Bungalow
  • Vinyl Siding

Flooring

  • Wood
  • Tile

Additional Features

  • Oven
  • 1 Full Bathroom
  • Crawl Space
  • Outbuilding
  • Many Trees

Listing and Financial Details

  • Assessor Parcel Number 5630-11-7674-0000

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Bungalow
  • Ratio Close Price By List Price: 1.00001
  • Ratio Close Price By Original Li: 1.00001
  • Ratio Current Price By Acre: 357142.86
  • Ratio Current Price By Sq Ft: 143.47
  • Year Built: 1945
  • 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, Natural Gas, Oven
  • Flooring: Tile, Wood
  • Laundry Location: Main, Kitchen
  • Room Count: 1
  • Main Level Sq Ft: 697
  • Total Sq Ft: 697
  • Sq Ft Unheated Main: 84
  • Sq Ft Unheated Total: 84

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Outbuilding

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Gas Floor Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: R Brown McAllister
  • Middle School: Concord
  • High School: Concord

Lot Info

  • Lot Dimension: 99x140x85x121
  • Lot Features: Sloping, Trees
  • Lot Size Area: 0.280
  • Parcel Number: 5630-11-7674-0000
  • Plat Reference Section Pages: 119
  • Zoning Specification: RV

Tax Info

  • Tax Value: 72010.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2020
Closed on
Apr 30, 2020
Sold by
Newton Charity L
Bought by
Stanback Dannelle Elise
Seller's Agent
Toleah Poplin
Lake Norman Realty, Inc
Buyer's Agent
Iksayana Wester
Homes by Iksayana LLC
List Price
$99,999
Sold Price
$100,000
Premium/Discount to List
$1
0.001%
Current Estimated Value
$179,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,994
Avg. Annual Appreciation
11.37%
Original Mortgage
$96,153
Outstanding Balance
$86,829
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$93,165

Purchase Details

Closed on
Mar 27, 2017
Sold by
Fink Roger D
Bought by
Newton Charity L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 1998
Sold by
Scott Brewer Timothy
Bought by
Fink Roger D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,900
Interest Rate
6.99%

Purchase Details

Closed on
Jan 1, 1992
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Stanback Dannelle Elise $100,000 Investors Title Insurance Co
Newton Charity L $60,000 None Available
Fink Roger D $56,000 --
-- $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stanback Dannelle Elise $96,153
Closed Stanback Dannelle Elise $8,000
Previous Owner Newton Charity L $48,000
Previous Owner Fink Roger D $54,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2020 04/30/20 Sold $100,000 0.0% $143 / Sq Ft
03/26/2020 03/26/20 Pending -- -- --
03/21/2020 03/21/20 For Sale $99,999 -- $143 / 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 $1,600 $160,600 $80,000 $80,600
2024 $1,600 $160,600 $80,000 $80,600
2023 $1,016 $83,280 $37,000 $46,280
2022 $1,016 $83,280 $37,000 $46,280
2021 $1,016 $83,280 $37,000 $46,280
2020 $1,016 $83,280 $37,000 $46,280
2019 $879 $72,010 $32,000 $40,010
2018 $864 $72,010 $32,000 $40,010
2017 $904 $76,630 $32,000 $44,630
2016 $536 $77,400 $32,000 $45,400
2015 $913 $77,400 $32,000 $45,400
2014 $913 $77,400 $32,000 $45,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3605136

Canopy MLS (Canopy Realtor® Association)

APN: 5630-11-7674-0000