$94,000
SOLD MAR 12, 2018

626 Cabarrus Ave W Concord, NC 28027

3 Beds
1 Bath
1,730 Sq Ft
0.28 Acres

Recently Sold

$54 Per Sq Ft

15% Below List Price

160 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Shed
  • Weddington Hills Elementary School Rated A-
  • Circular Driveway

About This Home

As of March 2018

Well maintained charming ranch in excellent location close to shopping, restaurants and downtown Concord. There is a spacious great room, beautiful hardwoods, roomy Master bedroom, nice eat-in kitchen with a large pantry. The front porch is great for rocking chairs. The corner lot has access to both Cabarrus Ave and 1st street.
This home is currently rented on a month to month lease for $750/ month. Renters have been there for about 5 years.

Last Agent to Sell the Property

Thomas Milo

Milo Realty License #C18628 Listed on: 07/31/2017

Last Buyer's Agent

Thomas Milo

Milo Realty License #C18628 Listed on: 07/31/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Home Design

  • Vinyl Siding

Parking

  • Circular Driveway
  • Gravel Driveway

Additional Features

  • Wood Flooring
  • 1 Full Bathroom
  • Crawl Space
  • Shed
  • Corner Lot

Listing and Financial Details

  • Assessor Parcel Number 5620-23-5546-0000

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.99471
  • Ratio Close Price By Original Li: 0.84685
  • Ratio Current Price By Acre: 335714.29
  • Ratio Current Price By Sq Ft: 54.34
  • Year Built: 1940
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Doors and Windows: Storm Window(s)
  • Equipment: Ceiling Fan(s), Electric Range, Electric Oven
  • Flooring: Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1730
  • Total Sq Ft: 1730

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Lot Dimension: 97x137
  • Lot Features: Corner Lot
  • Lot Size Area: 0.280
  • Parcel Number: 5620-23-5546-0000
  • Plat Reference Section Pages: 140
  • Zoning Specification: RV

Tax Info

  • Tax Value: 81000.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2017
Closed on
Mar 8, 2018
Sold by
Drechsler Paul and Drechsler Ellen
Bought by
Olmstead Benjamin Clark and Olmstead Heather Kathryn
Seller's Agent
Thomas Milo
Milo Realty
Buyer's Agent
Thomas Milo
Milo Realty
List Price
$111,000
Sold Price
$94,000
Premium/Discount to List
-$17,000
-15.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.09%
Original Mortgage
$2,735
Interest Rate
4.32%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 6, 2008
Sold by
Mothershed Gay Dawn and Estate Of Elvie Craven Mothers
Bought by
Drechsler Paul and Drechsler Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 1983
Bought by
Mothershed John R and Mothershed Elvie C
Source: Public Records

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Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $94,000 None Available
Warranty Deed $87,000 None Available
Warranty Deed $24,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $111,900 New Conventional
Closed $2,735 Unknown
Closed $91,180 New Conventional
Previous Owner $63,000 New Conventional
Previous Owner $70,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 Pending -- -- --
06/19/2025 06/19/25 For Sale $240,000 +155.3% $138 / Sq Ft
03/12/2018 03/12/18 Sold $94,000 -15.3% $54 / Sq Ft
01/07/2018 01/07/18 Pending -- -- --
07/31/2017 07/31/17 For Sale $111,000 -- $64 / 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
2024 $1,649 $165,530 $46,000 $119,530
2023 $1,209 $99,130 $26,400 $72,730
2022 $1,209 $99,130 $26,400 $72,730
2021 $1,209 $99,130 $26,400 $72,730
2020 $1,209 $99,130 $26,400 $72,730
2019 $1,055 $86,480 $14,300 $72,180
2018 $972 $81,000 $14,300 $66,700
2017 $956 $81,000 $14,300 $66,700
2016 $567 $81,570 $14,300 $67,270
2015 $963 $81,570 $14,300 $67,270
2014 $963 $81,570 $14,300 $67,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3303114

Canopy MLS (Canopy Realtor® Association)

APN: 5620-23-5546-0000