NOT LISTED FOR SALE

5911 Cress Rd Concord, NC 28025

Estimated Value: $63,994 - $76,000

2.04 Acres
$35,130 Price per Acre
88,862 Sq Ft Lot

Last Sold January 23, 2024

Last sale price $60,000

Est. 19% increase in value since last sale

Current estimated payment $419/month

160 Days on Market

About This Lot

As of January 2024

Great piece of rural land suitable for many possibilities (agricultural, livestock, residential). Property was perk tested and perked in 2011. However, that test is only good for 5 years and has since expired. Property is presently zoned agricultural. A stick built home, manufactured home, steel building, livestock and more are all permitted for this property.

The neighbor may come greet people as they see the lot and may say the lot is not buildable. That statement is false. There are two septic easements on the property that no permanent structure can be built on. The lot survey with the easements marked is available upon request.

Last Agent to Sell the Property

Steve Mueller

EXP Realty LLC Ballantyne Brokerage Email: steve@vantagerealtypros.com License #71366 Listed on: 07/14/2023

EXP Realty LLC Ballantyne

Last Buyer's Agent

Steve Mueller

EXP Realty LLC Ballantyne Brokerage Email: steve@vantagerealtypros.com License #71366 Listed on: 07/14/2023

EXP Realty LLC Ballantyne

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $462

Year Built

  • 1950

Lot Details

  • Possible uses of the property include Cattle, Farm, Pasture/Grazing, Residential
  • Property is zoned AO

Schools

  • Mount Pleasant Elementary And Middle School
  • Mount Pleasant High School

Utilities

  • Well Required
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 5651-97-6824-0000

Property Details

Property Type

Land

Est. Annual Taxes

$462

Year Built

1950

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: No
  • Restrictions: N/A
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: steve@vantagerealtypros.com
  • Special Features: None
  • Year Built (Public Record): 1950

Interior Features

  • Possible Use: Cattle, Farm, Pasture/Grazing, Residential

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Mount Pleasant
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 2.04
  • Lot Size Units: Acres
  • Parcel Number: 5651-97-6824-0000
  • Zoning: AO
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AO

MLS Schools

  • Elementary School: Mount Pleasant
  • High School: Mount Pleasant

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Jan 18, 2024
Sold by
Fesperman Mark Isaac and Fesperman Megan
Bought by
Talley Walter L and Talley Candace Danielle
Seller's Agent
Steve Mueller
EXP Realty LLC Ballantyne
Buyer's Agent
Steve Mueller
EXP Realty LLC Ballantyne
List Price
$74,900
Sold Price
$60,000
Premium/Discount to List
-$14,900
-19.89%
Total Days on Market
160
Views
881
Current Estimated Value
$71,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,665
Avg. Annual Appreciation
13.74%

Purchase Details

Closed on
May 23, 2014
Sold by
Ritchie Lewis Ray and Ritchie Margaret Henderson
Bought by
Fesperman Mark Isaac
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
Talley Walter L $60,000 None Listed On Document
Fesperman Mark Isaac -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2024 01/23/24 Sold $60,000 -19.9% --
07/14/2023 07/14/23 For Sale $74,900 -- --
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
2024 $462 $67,360 $67,360 $0
2023 $304 $35,450 $35,450 $0
2022 $304 $35,450 $35,450 $0
2021 $304 $35,450 $35,450 $0
2020 $304 $35,450 $35,450 $0
2019 $355 $41,400 $31,910 $9,490
2018 $341 $41,400 $31,910 $9,490
2017 $332 $41,400 $31,910 $9,490
2016 $332 $40,740 $30,130 $10,610
2015 -- $30,120 $30,120 $0
2014 -- $30,120 $30,120 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4049427

Canopy MLS (Canopy Realtor® Association)

APN: 5651-97-6824-0000