NOT LISTED FOR SALE

5874 Mahogany Place SW Concord, NC 28025

Estimated Value: $328,912 - $362,000

3 Beds
2 Baths
1,766 Sq Ft
$196/Sq Ft Est. Value

About This Home

Please note, our homes are available on a first-come, first-serve basis and are not reserved until the holding fee agreement is signed and the holding fee is paid by the primary applicant.

This home features Progress Smart Home - Progress Residential's smart home app, which allows you to control the home securely from any of your devices. Learn more at

Coming soon! This home is currently being enjoyed by another resident but will be available soon. Please respect their privacy and do not disturb. You can complete the application process and reserve this home for a $500 non-refundable holding fee until it's ready for move-in. This fee must be paid within 24 hours of being pre-qualified and will be applied to your first month’s rent if you enter into a lease for this home.

Beautiful 3 bedroom, 2 bathroom home is now available. This home features an open floor plan, vaulted ceilings with ceiling fans, great kitchen with an island/breakfast bar, stainless steel appliances and an eat-in area, Master bedroom with 2 walk-in closets and Master bathroom with garden tub and separate shower. Don't forget about the spacious 2 car garage in your nice backyard. Schedule your showing today! Utilities must be transferred into the resident’s name.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2017
Sold by
Ford Onac C
Bought by
Freo North Carolina Llc
Current Estimated Value
$345,728

Purchase Details

Closed on
Feb 6, 2009
Sold by
Ford James S
Bought by
Ford Onae C

Purchase Details

Closed on
Apr 26, 2002
Sold by
The New Fortis Corp
Bought by
Ford James S and Ford Onae C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,900
Interest Rate
7.07%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Freo North Carolina Llc $149,500 None Available
Ford Onae C -- None Available
Ford James S $138,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ford James S $136,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2025 09/29/25 Off Market $1,975 -- --
09/20/2025 09/20/25 Price Changed $1,975 -31.7% $1 / Sq Ft
09/18/2025 09/18/25 For Rent $2,890 -- --

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 $3,354 $336,700 $66,000 $270,700
2024 $3,354 $336,700 $66,000 $270,700
2023 $2,327 $190,730 $40,000 $150,730
2022 $2,327 $190,730 $40,000 $150,730
2021 $2,327 $190,730 $40,000 $150,730
2020 $2,327 $190,730 $40,000 $150,730
2019 $1,751 $143,540 $27,000 $116,540
2018 $1,722 $143,540 $27,000 $116,540
2017 $1,694 $143,540 $27,000 $116,540
2016 $1,005 $132,440 $20,000 $112,440
2015 $1,563 $132,440 $20,000 $112,440
2014 $1,563 $132,440 $20,000 $112,440
Source: Public Records

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