NOT LISTED FOR SALE

6031 Hwy 73 Concord, NC 28025

Estimated Value: $324,200 - $373,000

3 Beds
1 Bath
1,326 Sq Ft
$262/Sq Ft Est. Value

Last Sold February 01, 2019

Last sale price $40,000 $30 Per Sq Ft

Est. 770% increase in value since last sale

Current estimated payment $2,013/month

380 Days on Market

Highlights

  • Ranch Style House
  • Mount Pleasant Elementary School Rated A-
  • Level Lot

About This Home

As of February 2019

This is the "Fixer Upper" you have been waiting for! Ranch home on 1.06 acres in Mount Pleasant. Two outbuildings. Large home that needs some work but priced accordingly. Part of value is size and location of land.

Last Agent to Sell the Property

Lanny Lancaster

The Lancaster Company License #188199 Listed on: 01/03/2018

Last Buyer's Agent

Teresa Ross

Premier Real Estate Team Inc. License #244522

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1936

Lot Details

  • 1.06

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Asbestos Siding

Utilities

  • Heating System Uses Propane
  • Well

Additional Features

  • 1 Full Bathroom
  • Crawl Space
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 5660-09-5604-0000

Home Details

Home Type

Single Family

Year Built

Built in 1936

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.72860
  • Ratio Close Price By Original Li: 0.57144
  • Ratio Current Price By Acre: 37735.85
  • Ratio Current Price By Sq Ft: 30.17
  • Year Built: 1936
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s)
  • Room Count: 1
  • Main Level Sq Ft: 1326
  • Total Sq Ft: 1326

Exterior Features

  • Construction: Asbestos
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Gravel
  • Parking: Detached Garage, Driveway, Garage - 1 Car, Parking Space - 4+

Utilities

  • Heating: Propane
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Area: 1.060
  • Parcel Number: 5660-09-5604-0000
  • Zoning Specification: CR

Tax Info

  • Tax Value: 82650.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2020
Sold by
Pp & I Llc
Bought by
Mollo George
Current Estimated Value
$347,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,262
Outstanding Balance
$200,441
Interest Rate
3.4%
Mortgage Type
VA
Estimated Equity
$147,359

Purchase Details

Listed on
Jan 3, 2018
Closed on
Feb 1, 2019
Sold by
Payne Lancaster Leonard M and Payne Lancaster Shannon
Bought by
Pp I Llc
Seller's Agent
Lanny Lancaster
The Lancaster Company
Buyer's Agent
Teresa Ross
Premier Real Estate Team Inc.
List Price
$54,900
Sold Price
$40,000
Premium/Discount to List
-$14,900
-27.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.10%

Purchase Details

Closed on
Apr 26, 2005
Sold by
Rimer Gurley Glenn and Rimer Barbara Ann
Bought by
Lancaster Leonard M and Lancaster Shannon P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 1984
Bought by
Rimer Gurley Mrs
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
Mollo George $218,000 None Available
Pp I Llc $40,000 None Available
Lancaster Leonard M $50,000 --
Rimer Gurley Mrs $500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mollo George $226,262
Previous Owner Lancaster Leonard M $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2019 02/01/19 Sold $40,000 -27.1% $30 / Sq Ft
01/18/2019 01/18/19 Pending -- -- --
01/07/2019 01/07/19 Price Changed $54,900 0.0% $41 / Sq Ft
01/07/2019 01/07/19 For Sale $54,900 +37.3% $41 / Sq Ft
01/01/2019 01/01/19 Off Market $40,000 -- --
06/21/2018 06/21/18 Price Changed $99,000 +41.4% $75 / Sq Ft
01/03/2018 01/03/18 For Sale $69,999 -- $53 / 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 $2,026 $295,390 $50,430 $244,960
2024 $2,026 $295,390 $50,430 $244,960
2023 $1,594 $185,730 $33,180 $152,550
2022 $1,594 $185,730 $33,180 $152,550
2021 $1,594 $185,730 $33,180 $152,550
2020 $1,355 $157,870 $33,180 $124,690
2019 $709 $82,650 $27,900 $54,750
2018 $680 $82,650 $27,900 $54,750
2017 $664 $82,650 $27,900 $54,750
2016 $664 $81,610 $29,230 $52,380
2015 $639 $81,610 $29,230 $52,380
2014 $639 $81,610 $29,230 $52,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3348747

Canopy MLS (Canopy Realtor® Association)

APN: 5660-09-5604-0000