NOT LISTED FOR SALE

5901 Cress Rd Concord, NC 28025

Estimated Value: $342,489 - $427,000

3 Beds
1 Bath
1,947 Sq Ft
$199/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $255,000 $131 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,195/month

8 Days on Market

Highlights

  • Ranch Style House
  • Attic
  • Storm Doors
  • Wood Flooring
  • Fireplace

About This Home

As of September 2020

Come and see your new home situated on over 1.6 acres in the highly sought after Mt. Pleasant community. Enjoy the space and privacy that this country setting has to offer. This home has extra space for your imagination. Upstairs has a bonus room currently used as a 4th bedroom and an unfinished basement with garage door that's accessible from inside of the home. This home also boasts a large 18'x22' deck on the back of the house that has amazing views of the countryside. Enjoy grilling with family and friends or just taking in the wildlife/outdoors. Book your showing today for this wonderful country home. *Basement has a second full bathroom that is not functional, but could be something to look into. Per county environmental health, due to age of home there is no perk information available.
**Seller will also be willing to give up to $5,000 toward buyer closing costs or construction of a 2nd bathroom. Seller is in process of obtaining a quote for the 2nd bathroom.

Last Agent to Sell the Property

Brian Gilmore

G2 Real Estate License #246413 Listed on: 08/01/2020

Co-Listed By

Rita Gilmore

G2 Real Estate License #286116

Last Buyer's Agent

Tracey Carrigan

Central Carolina Real Estate Group LLC License #220855

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 1.63

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • Fireplace
  • Insulated Windows
  • Storm Doors
  • Attic

Flooring

  • Wood
  • Carpet
  • Laminate

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 56519747830000

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.98115
  • Ratio Close Price By Original Li: 0.92761
  • Ratio Current Price By Acre: 156441.72
  • Ratio Current Price By Sq Ft: 130.97
  • Year Built: 1957
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Garage Door, Basement Inside Entrance, Basement Outside Entrance
  • Upper Level Sq Ft: 537
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows, Storm Door(s)
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Dryer, Electric Oven, Electric Range, Ice Maker Connection, Washer
  • Fireplace Description: FAMILYRM, Propane
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Wood
  • Interior Amenities: Attic Walk-in, Cable Available
  • Laundry Location: Main
  • Room Count: 3
  • Main Level Sq Ft: 1410
  • Total Sq Ft: 1947
  • Sq Ft Unheated Basement: 1316
  • Sq Ft Unheated Total: 1316

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway, Parking Space - 4+

Utilities

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

Lot Info

  • Parcel Number: 56519747830000
  • Plat Book Slide: 61/77
  • Zoning Specification: AO

Tax Info

  • Tax Value: 192390.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2020
Closed on
Sep 30, 2020
Sold by
Almond Brian A
Bought by
Talley Walter Linwood
Seller's Agent
Brian Gilmore
G2 Real Estate
Buyer's Agent
Tracey Carrigan
Central Carolina Real Estate Group LLC
List Price
$274,900
Sold Price
$255,000
Premium/Discount to List
-$19,900
-7.24%
Current Estimated Value
$387,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,372
Avg. Annual Appreciation
8.29%
Original Mortgage
$257,575
Outstanding Balance
$229,099
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$158,273

Purchase Details

Closed on
Jul 8, 2005
Sold by
Ritchie Claud B and Ritchie Rosa B
Bought by
Ritchie Claud B and Ritchie Rosa B

Purchase Details

Closed on
Feb 1, 2000
Sold by
Ritchie Claud B and Ritchie Rosa B
Bought by
Ledbetter Donnie R and Ledbetter Daria W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Talley Walter Linwood $255,000 None Available
Ritchie Claud B -- --
Ledbetter Donnie R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Talley Walter Linwood $257,575
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $255,000 -1.9% $131 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
08/06/2020 08/06/20 Price Changed $259,900 -1.9% $133 / Sq Ft
08/01/2020 08/01/20 Price Changed $264,900 -3.6% $136 / Sq Ft
08/01/2020 08/01/20 For Sale $274,900 -- $141 / 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 $1,976 $288,110 $59,310 $228,800
2024 $1,976 $288,110 $59,310 $228,800
2023 $1,778 $207,170 $31,220 $175,950
2022 $1,778 $207,170 $31,220 $175,950
2021 $1,778 $207,170 $31,220 $175,950
2020 $1,651 $192,390 $31,220 $161,170
2019 $1,171 $136,510 $28,090 $108,420
2018 $1,123 $136,510 $28,090 $108,420
2017 $1,096 $136,510 $28,090 $108,420
2016 $1,096 $128,890 $26,530 $102,360
2015 -- $138,870 $26,530 $112,340
2014 -- $138,870 $26,530 $112,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3646100

Canopy MLS (Canopy Realtor® Association)

APN: 5651-97-4783-0000