NOT LISTED FOR SALE

5850 Alexander Rd Concord, NC 28027

Estimated Value: $689,000

2.1 Acres
$328,095 Price per Acre
91,476 Sq Ft Lot

Last Sold February 02, 2024

Last sale price $190,000 $107 Per Sq Ft

Est. 263% increase in value since last sale

Current estimated payment $3,879/month

229 Days on Market

Highlights

  • Wooded Lot
  • Access to stream, creek or river
  • Level Lot
  • Charles E. Boger Elementary School Rated A-

About This Lot

As of February 2024

A wonderful opportunity to build your dream home on 2 acres in Cabarrus County with no HOA. Lot 2 as shown on the preliminary Plat is 2.0 acres +/- has approximately 200' of cleared land and 281' of wood land that slopes down to a small creek. Plenty of room for a walk-out basement or a ranch home with a back yard and then private undisturbed land filled with hardwoods. Bring your own builder or ask for recommendations! See additional possbilities to buy Lots 3 and 4 on same preliminary plat under separate listings on MLS, numbers 4010759 and 4010765.

Last Agent to Sell the Property

Brian Bain

Keller Williams Unlimited Brokerage Email: brian@thebaingroup.net License #278890 Listed on: 03/15/2023

Keller Williams Unlimited

Last Buyer's Agent

Junyne Lloyd

ProStead Realty License #242117

ProStead Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,189

Lot Details

  • Property fronts a state road
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Possible uses of the property include Private Estate, Residential
  • Property is zoned AO

Outdoor Features

  • Access to stream, creek or river

Utilities

  • Well Required
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number Lot 2 out of 4683-79-3471-0000

Property Details

Property Type

Land

Est. Annual Taxes

$3,189

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Manufactured Home Not Allowed,Square Feet,Use
  • Restrictions Description: 2,000 sq ft min, residential use only
  • Road Frontage Type: State Road
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: brian@thebaingroup.net
  • Special Features: None

Interior Features

  • Possible Use: Private Estate, Residential

Exterior Features

  • Road Frontage: 150

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed, Other - See Remarks
  • Water Source: Well Needed

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Level, Open Lot, Rolling Slope, Creek/Stream, Wooded
  • Lot Size Area: 2.1
  • Lot Size Units: Acres
  • Parcel Number: Lot 2 out of 4683-79-3471-0000
  • Zoning: AO
  • Can Be Subdivided: 0
  • Cleared Acres: 0.75
  • Wooded Area: 1.35
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AO

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2012
Sold by
Parson Joyce F and Parson Mildred Joyce
Bought by
Bullock Craig W and Bullock Pamela E
Current Estimated Value
$689,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,027
Outstanding Balance
$97,153
Interest Rate
3.4%
Mortgage Type
New Conventional
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
Bullock Craig W $166,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bullock Craig W $140,027
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2024 02/02/24 Sold $190,000 0.0% $107 / Sq Ft
03/15/2023 03/15/23 For Sale $190,000 -- $107 / 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
2023 $3,189 $386,510 $219,520 $166,990
2022 $3,035 $375,580 $219,520 $156,060
2021 $3,035 $375,580 $219,520 $156,060
2020 $3,035 $375,580 $219,520 $156,060
2019 $2,271 $281,040 $177,710 $103,330
2018 $2,215 $281,040 $177,710 $103,330
2017 $2,158 $281,040 $177,710 $103,330
2016 $2,158 $332,360 $198,620 $133,740
2015 $1,973 $260,290 $198,620 $61,670
2014 $1,973 $260,290 $198,620 $61,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4010744

Canopy MLS (Canopy Realtor® Association)

APN: 4683-79-3471-0000