$340,000
SOLD OCT 7, 2021

6700 Palafox Dr Concord, NC 28025

3 Beds
2.5 Baths
1,800 Sq Ft
1.57 Acres

Recently Sold

$189 Per Sq Ft

3% Below List Price

1 Day on Market

Highlights

  • Private Lot
  • Separate Outdoor Workshop
  • Attached Garage
  • Ranch Style House
  • Fireplace
  • Walk-In Closet

About This Home

As of August 2022

Amazing opportunity in gorgeous Rambling River Estates! This meticulously maintained brick ranch nestled on private tree-lined acre and a half lot is ready for your personal touch! Enjoy some peace and quiet from your rocking chair front porch, or a cup of coffee in the all-season sunroom which you can access from the primary bedroom and the oversized family room. Two secondary rooms have ample space and large closets. Endless opportunities await in the MASSIVE detached garage/workshop at the back of the property. Mechanic's dream! Woodworker's paradise! She-shed serenity! This charming and quiet community is off the beaten path, but only moments to shopping, restaurants, and entertainment with easy access to 601. No HOA!

Last Agent to Sell the Property

Jo Fox

Legacy Carolina Realty, LLC License #292544 Listed on: 09/02/2021

Last Buyer's Agent

Donna Hines

Southern Homes of the Carolinas, Inc License #267729

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • Private Lot
  • Many Trees

Parking

  • Attached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • Fireplace
  • Vinyl Flooring
  • Crawl Space
  • Storm Doors

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Utilities

  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 5547-46-6537-0000

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.97143
  • Ratio Close Price By Original Li: 0.97143
  • Ratio Current Price By Acre: 216560.51
  • Ratio Current Price By Sq Ft: 188.89
  • Year Built: 1989
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Storm Door(s)
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Gas Oven, Gas Range, Microwave, Propane, Refrigerator
  • Fireplace Description: FAMILYRM, Propane
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Garden Tub, Pantry, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1800
  • Total Sq Ft: 1800

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Shed(s), Workshop

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Detached Garage, Driveway, Garage - 2 Car, Garage - 4+ Car, Garage Door Opener, Tandem Garage

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Propane, Wall Unit - AC, Wall Unit Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Gas, Propane

Schools

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

Lot Info

  • Lot Features: Private, Trees
  • Lot Size Area: 1.570
  • Parcel Number: 5547-46-6537-0000
  • Plat Book Slide: 18/98
  • Zoning Specification: AO

Tax Info

  • Tax Value: 253930.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Aug 18, 2022
Sold by
Seals Scotty L
Bought by
Hardeman Dana and Hardeman Grady
Seller's Agent
Donna Hines
Southern Homes of the Carolinas, Inc
Buyer's Agent
Jason Adams
Southland, Realtors LLC
List Price
$425,000
Sold Price
$420,000
Premium/Discount to List
-$5,000
-1.18%
Current Estimated Value
$479,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,626
Avg. Annual Appreciation
4.40%
Original Mortgage
$415,000
Outstanding Balance
$393,626
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$86,000

Purchase Details

Listed on
Sep 2, 2021
Closed on
Oct 7, 2021
Sold by
Harvey Doris B and Alexander Doris B
Bought by
Seals Scotty L
Seller's Agent
Jo Fox
Legacy Carolina Realty, LLC
Buyer's Agent
Donna Hines
Southern Homes of the Carolinas, Inc
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.85%
Original Mortgage
$340,000
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
Dec 5, 2016
Sold by
Harvey Doris B and Alexander Doris B
Bought by
Holt Katherine

Purchase Details

Closed on
Dec 1, 1989
Bought by
Harvey Kenneth R

Purchase Details

Closed on
Apr 1, 1989
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $420,000 Link Kevin C
Warranty Deed $420,000 Link Kevin C
Warranty Deed $340,000 None Available
Deed -- None Available
Warranty Deed $103,500 --
Warranty Deed $16,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $415,000 New Conventional
Closed $415,000 New Conventional
Previous Owner $340,000 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2022 08/18/22 Sold $420,000 -1.2% $233 / Sq Ft
07/16/2022 07/16/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $425,000 +25.0% $236 / Sq Ft
10/07/2021 10/07/21 Sold $340,000 -2.9% $189 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $350,000 -- $194 / 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 $3,162 $467,680 $89,810 $377,870
2023 $2,144 $255,270 $48,110 $207,160
2022 $2,057 $253,930 $48,110 $205,820
2021 $2,057 $253,930 $48,110 $205,820
2020 $2,057 $253,930 $48,110 $205,820
2019 $1,486 $183,400 $38,490 $144,910
2018 $1,431 $183,400 $38,490 $144,910
2017 $1,394 $183,400 $38,490 $144,910
2016 $1,376 $164,960 $41,700 $123,260
2015 $1,190 $164,960 $41,700 $123,260
2014 $1,190 $164,960 $41,700 $123,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3781798

Canopy MLS (Canopy Realtor® Association)

APN: 5547-46-6537-0000