NOT LISTED FOR SALE

5700 Rimer Rd Rockwell, NC 28138

Estimated Value: $222,000 - $269,863

3 Beds
2 Baths
1,082 Sq Ft
$230/Sq Ft Est. Value

Last Sold April 13, 2020

Last sale price $138,000 $128 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,477/month

26 Days on Market

Highlights

  • Ranch Style House
  • Attached Garage
  • Level Lot
  • Mount Pleasant Elementary School Rated A-
  • Vinyl Plank Flooring

About This Home

As of April 2020

Newly remodeled ranch style home set in a rural setting minutes to historic downtown Concord and Interstate 85. Home is nestled among a horse farm and beautiful pasture land in a desirable area of Cabarrus County. You will find lots of outdoor entertaining area on the deck and patio. Home has an open floor plan with new water proof flooring, carpet, and fresh paint. It is a must see for homeowners as well as those interested in investment opportunities. It is move in ready.

Cabarrus County does not have septic permit records on file and is being marketed as a 3 bedroom home. Buyer is responsible for verifying septic capacity.

Last Agent to Sell the Property

Ed McAfee

Locus Real Estate Advisors Inc License #260508 Listed on: 02/02/2020

Last Buyer's Agent

Mary Allen

Corcoran HM Properties License #188051

Corcoran HM Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.76

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Additional Features

  • Vinyl Plank Flooring
  • 2 Full Bathrooms
  • Crawl Space
  • Level Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 5653-98-9601-0000

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.92061
  • Ratio Close Price By Original Li: 0.92061
  • Ratio Current Price By Acre: 181578.95
  • Ratio Current Price By Sq Ft: 127.54
  • Year Built: 1950
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Electric Range, Electric Oven
  • Flooring: Carpet, Vinyl Plank
  • Laundry Location: Garage
  • Room Count: 1
  • Sq Ft Additional: 745
  • Main Level Sq Ft: 1082
  • Total Sq Ft: 1082
  • Sq Ft Unheated Main: 411
  • Sq Ft Unheated Total: 411

Exterior Features

  • Construction: Aluminum, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.760
  • Parcel Number: 5653-98-9601-0000
  • Zoning Specification: AO

Tax Info

  • Tax Value: 125110.00
  • Tax Location: Rockwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2020
Closed on
Apr 13, 2020
Sold by
Alexander June W
Bought by
Daniel Jason William
Seller's Agent
Ed McAfee
Locus Real Estate Advisors Inc
Buyer's Agent
Mary Allen
Corcoran HM Properties
List Price
$149,900
Sold Price
$138,000
Premium/Discount to List
-$11,900
-7.94%
Current Estimated Value
$248,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,716
Avg. Annual Appreciation
11.72%
Original Mortgage
$140,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2015
Sold by
Alexander Larry M
Bought by
Alexander June W

Purchase Details

Closed on
Aug 1, 1991
Bought by
Alexander June W and Alexander Husb
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
Daniel Jason William $138,000 None Available
Alexander June W -- None Available
Alexander June W $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daniel Jason William $206,349
Closed Daniel Jason William $45,000
Closed Daniel Jason William $140,000
Previous Owner Alexander June W $76,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2020 04/13/20 Sold $138,000 -7.9% $128 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
02/02/2020 02/02/20 For Sale $149,900 -- $139 / 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
2024 $1,460 $216,030 $40,130 $175,900
2023 $1,121 $130,320 $21,120 $109,200
2022 $1,079 $130,320 $21,120 $109,200
2021 $1,079 $130,320 $21,120 $109,200
2020 $1,142 $137,870 $21,120 $116,750
2019 $1,036 $125,110 $19,010 $106,100
2018 $1,011 $125,110 $19,010 $106,100
2017 $961 $125,110 $19,010 $106,100
2016 $961 $126,400 $20,060 $106,340
2015 $971 $126,400 $20,060 $106,340
2014 $971 $126,400 $20,060 $106,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3588377

Canopy MLS (Canopy Realtor® Association)

APN: 5653-98-9601-0000