NOT LISTED FOR SALE

586 Surry Trace Cir NW Concord, NC 28027

Estimated Value: $469,000 - $487,563

5 Beds
3.5 Baths
-- Sq Ft
0.25 Acres

Last Sold July 28, 2014

Last sale price $210,000

Est. 128% increase in value since last sale

Current estimated payment $2,873/month

About This Home

As of December 2014

This home is located at 586 Surry Trace Cir NW, Concord, NC 28027 since 01 November 2014 and is currently priced at $477,891. This property was built in 1999. 586 Surry Trace Cir NW is a home located in Cabarrus County with nearby schools including Carl A. Furr Elementary School, Harold E. Winkler Middle School, and Cabarrus Charter Academy.

Last Agent to Rent the Property

Marshall Bailey

Purple Tree LLC License #237532 Listed on: 11/01/2014

Last Renter's Agent

Marshall Bailey

Purple Tree LLC License #237532 Listed on: 11/01/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,078

Year Built

  • 1999

Lot Details

  • 0.25

Bedrooms and Bathrooms

Attic

  • Pull Down Stairs to Attic

Listing and Financial Details

  • Security Deposit $1,495

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,078

Year Built

1999

Lot Details

0

Rental Info

  • Lease Term: 1 Year
  • Deposit Security: 1495
  • Pets Allowed: Conditional

Listing Details

  • Property Type: Rentals
  • Property Sub Type: House
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Special Features: None
  • Year Built (Public Record): 1999

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Interior Amenities: Attic Stairs Pulldown
  • Room Count: 1

Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2012
Closed on
Jul 28, 2014
Sold by
Mullis Kenneth Wayne and Mullis Linda Lucas
Bought by
Wgh North Carolina Llc
List Price
$269,900
Sold Price
$210,000
Premium/Discount to List
-$59,900
-22.19%
Current Estimated Value
$477,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,891
Avg. Annual Appreciation
7.60%

Purchase Details

Closed on
Oct 2, 2003
Sold by
Metrolina Development Corp
Bought by
Mullis Kenneth W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,600
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2003
Sold by
Metrolina Development Corp
Bought by
Rader Darren L and Parsons Landa G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.62%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 27, 2003
Sold by
Grochmal Stephen J and Grochmal Carol
Bought by
Metrolina Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.62%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 2, 2001
Sold by
Grochmal Stephen J and Grochmal Carol
Bought by
Grochmal Stephen J and Grochmal Carol

Purchase Details

Closed on
Nov 28, 2000
Sold by
Niblock Development Corp
Bought by
Grochmal Stephen J and Grochmal Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,513
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 1999
Sold by
Niblock Development Corp
Bought by
Grochmal Stephen J and Grochmal Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,150
Interest Rate
7.66%
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
Wgh North Carolina Llc $210,000 Investors Title Ins Co
Mullis Kenneth W $212,000 --
Rader Darren L $35,000 --
Metrolina Development Corp $230,000 --
Metrolina Development Corp $30,000 --
Grochmal Stephen J -- --
Grochmal Stephen J $32,000 --
Grochmal Stephen J $220,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mullis Kenneth W $169,600
Previous Owner Rader Darren L $100,000
Previous Owner Metrolina Development Corp $200,000
Previous Owner Grochmal Stephen J $35,513
Previous Owner Grochmal Stephen J $176,150
Closed Mullis Kenneth W $21,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2014 12/01/14 Rented $1,495 0.0% --
11/03/2014 11/03/14 Under Contract -- -- --
11/01/2014 11/01/14 For Rent $1,495 0.0% --
10/30/2014 10/30/14 Off Market $210,000 -- --
07/28/2014 07/28/14 Sold $210,000 -22.2% $75 / Sq Ft View Prior Sale
07/24/2014 07/24/14 Pending -- -- --
11/26/2012 11/26/12 For Sale $269,900 -- $97 / 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 $4,078 $409,480 $90,000 $319,480
2024 $4,078 $409,480 $90,000 $319,480
2023 $2,922 $239,530 $55,000 $184,530
2022 $2,922 $239,530 $55,000 $184,530
2021 $2,922 $239,530 $55,000 $184,530
2020 $2,922 $239,530 $55,000 $184,530
2019 $2,534 $207,700 $40,000 $167,700
2018 $2,492 $207,700 $40,000 $167,700
2017 $2,451 $207,700 $40,000 $167,700
2016 $1,454 $201,300 $35,000 $166,300
2015 $2,375 $201,300 $35,000 $166,300
2014 $2,375 $201,300 $35,000 $166,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3045175

Canopy MLS (Canopy Realtor® Association)

APN: 4690-75-2053-0000