NOT LISTED FOR SALE

5862 Mahogany Place SW Unit 27 Concord, NC 28025

Estimated Value: $330,842 - $354,000

3 Beds
2.5 Baths
1,737 Sq Ft
$197/Sq Ft Est. Value

Last Sold July 30, 2018

Last sale price $190,000 $109 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,073/month

9 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Walk-In Closet
  • J.N. Fries Middle School Rated A-
  • Attached Garage
  • Breakfast Bar

About This Home

As of July 2018

Welcome home! Wonderfully maintained home in a great location in Cabarrus County. This 3 bedroom 2 1/2 bathroom home has an open floor plan, granite counter tops, beautiful tile back splash, updated bathrooms, tons of natural light and is move in ready.

Last Agent to Sell the Property

Penny Carter

Keller Williams Unlimited License #289331 Listed on: 06/28/2018

Keller Williams Unlimited

Last Buyer's Agent

Rich Scola

ALOCS LLC License #252318

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 8,276

HOA Fees

  • $14 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Gas Log Fireplace
  • Pull Down Stairs to Attic
  • Breakfast Bar

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Community Details

  • Cedar Managment Association, Phone Number (704) 644-8808

Listing and Financial Details

  • Assessor Parcel Number 5528-40-4342-0000

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

HOA Fees

$14 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.97436
  • Ratio Close Price By Original Li: 0.97436
  • Ratio Current Price By Acre: 1000000.00
  • Ratio Current Price By Sq Ft: 109.38
  • Year Built: 2002
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 976
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Microwave, Refrigerator, Electric Oven
  • Fireplace Description: Gas Logs, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Tile
  • H O A Management Phone: 704-644-8808
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 761
  • Total Sq Ft: 1737
  • Sq Ft Unheated Main: 400
  • Sq Ft Unheated Total: 400

Exterior Features

  • Construction: Aluminum, Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

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

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 164.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Cedar Managment
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: 120' X71'
  • Parcel Number: 5528-40-4342-0000
  • Zoning Specification: CURV

Tax Info

  • Tax Value: 148630.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2018
Closed on
Jul 30, 2018
Sold by
Gladin Perry L and Gladin Margaret C
Bought by
Sfr Jv 1 Property Llc
Seller's Agent
Penny Carter
Keller Williams Unlimited
Buyer's Agent
Rich Scola
ALOCS LLC
List Price
$195,000
Sold Price
$190,000
Premium/Discount to List
-$5,000
-2.56%
Current Estimated Value
$341,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,711
Avg. Annual Appreciation
8.41%

Purchase Details

Closed on
Jun 1, 2015
Sold by
Graves William L and Viens Carl M
Bought by
Gladin Perry L and Gladin Margaret C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,900
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2007
Sold by
Golden Travis and Golden Tiffany
Bought by
Graves William L and Viens Carl M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,816
Interest Rate
6.16%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 14, 2005
Sold by
Hud
Bought by
Golden Travis and Golden Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
5.27%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 4, 2004
Sold by
Thompson James L and Thompson Charlene H
Bought by
Hud

Purchase Details

Closed on
Jun 10, 2002
Sold by
The New Fortis Corp
Bought by
Thompson James L and Thompson Charlene H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,650
Interest Rate
6.85%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Sfr Jv 1 Property Llc $190,000 None Available
Gladin Perry L $151,000 None Available
Graves William L $151,000 None Available
Golden Travis -- --
Hud $129,905 --
Thompson James L $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gladin Perry L $135,900
Previous Owner Graves William L $149,816
Previous Owner Golden Travis $23,000
Previous Owner Golden Travis $92,000
Previous Owner Thompson James L $126,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2018 07/30/18 Sold $190,000 -2.6% $109 / Sq Ft
07/07/2018 07/07/18 Pending -- -- --
06/28/2018 06/28/18 For Sale $195,000 -- $112 / 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 $3,244 $325,660 $66,000 $259,660
2024 $3,244 $325,660 $66,000 $259,660
2023 $2,232 $182,970 $40,000 $142,970
2022 $2,232 $182,970 $40,000 $142,970
2021 $2,232 $182,970 $40,000 $142,970
2020 $2,232 $182,970 $40,000 $142,970
2019 $1,813 $148,630 $27,000 $121,630
2018 $1,784 $148,630 $27,000 $121,630
2017 $1,754 $148,630 $27,000 $121,630
2016 $1,040 $120,500 $20,000 $100,500
2015 $1,422 $120,500 $20,000 $100,500
2014 $1,422 $120,500 $20,000 $100,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3407527

Canopy MLS (Canopy Realtor® Association)

APN: 5528-40-4342-0000