$71,000
SOLD DEC 1, 2020

681 Palmer Ave SW Concord, NC 28027

2 Beds
1 Bath
836 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$85 Per Sq Ft

9% Above List Price

4 Days on Market

About This Home

As of July 2021

We have multiple offers , seller is asking for highest and best by2 pm Saturday 11/7//020 !Cash Offers only! Great investment property. Has good bones ,just needs some TLC. Seller never occupied the home. No power, or water will be turned on during due diligence. Home has been rented since 2002. Home selling as is, seller will make no repairs. Has been vacant last 2 years.

Last Agent to Sell the Property

Bill Allen

Berkshire Hathaway HomeServices Elite Properties License #258760 Listed on: 11/05/2020

Berkshire Hathaway HomeServices Elite Properties

Last Buyer's Agent

Brenda Amundson

Southern Homes Realty LLc License #90069

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Vinyl Siding

Additional Features

  • 1 Full Bathroom
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 5620-31-4888-0000

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 1.09231
  • Ratio Close Price By Original Li: 1.09231
  • Ratio Current Price By Acre: 591666.67
  • Ratio Current Price By Sq Ft: 84.93
  • Year Built: 1900
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Cooktop Electric, Refrigerator
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 836
  • Total Sq Ft: 836

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Parking Space - 3

Utilities

  • Heating: Gas Hot Air Furnace, Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size Area: 0.120
  • Parcel Number: 5620-31-4888-0000
  • Plat Reference Section Pages: 99
  • Zoning Specification: rv

Tax Info

  • Tax Value: 52380.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Jul 30, 2021
Sold by
Heritage Property Holdings Inc
Bought by
Black Theresa Ann
Seller's Agent
Brenda Amundson
Southern Homes Realty LLc
Buyer's Agent
Lindsay Smith
Keller Williams South Park
List Price
$150,000
Sold Price
$142,000
Premium/Discount to List
-$8,000
-5.33%
Current Estimated Value
$184,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,454
Avg. Annual Appreciation
6.49%
Original Mortgage
$145,266
Outstanding Balance
$133,562
Interest Rate
2.93%
Mortgage Type
VA
Estimated Equity
$50,286

Purchase Details

Listed on
Nov 5, 2020
Closed on
Nov 27, 2020
Sold by
Callicutt Joyce L
Bought by
Heritage Property Holdings Inc
Seller's Agent
Bill Allen
Berkshire Hathaway HomeServices Elite Properties
Buyer's Agent
Brenda Amundson
Southern Homes Realty LLc
List Price
$65,000
Sold Price
$71,000
Premium/Discount to List
$6,000
9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
185.83%
Original Mortgage
$94,712
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 4, 2002
Sold by
York Frank V and York Bertha R
Bought by
Callicutt Joyce L

Purchase Details

Closed on
Oct 1, 1991
Bought by
York Frank and Wife Bertha R

Purchase Details

Closed on
Dec 1, 1985
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 Type Sale Price Title Company
Warranty Deed $142,000 None Available
Warranty Deed $71,000 Southern Homes Title Co Inc
Warranty Deed $38,000 --
Warranty Deed $21,000 --
Warranty Deed $19,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $145,266 VA
Previous Owner $94,712 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2021 07/31/21 Sold $142,000 -2.1% $170 / Sq Ft
06/26/2021 06/26/21 Pending -- -- --
06/22/2021 06/22/21 Price Changed $145,000 -3.3% $173 / Sq Ft
06/22/2021 06/22/21 For Sale $150,000 0.0% $179 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
06/04/2021 06/04/21 Price Changed $150,000 -5.7% $179 / Sq Ft
05/28/2021 05/28/21 Price Changed $159,000 -3.6% $190 / Sq Ft
05/18/2021 05/18/21 Price Changed $164,900 -5.7% $197 / Sq Ft
05/17/2021 05/17/21 Price Changed $174,900 +6.1% $209 / Sq Ft
05/17/2021 05/17/21 For Sale $164,900 +132.3% $197 / Sq Ft
12/01/2020 12/01/20 Sold $71,000 +9.2% $85 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $65,000 -- $78 / 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 $1,496 $150,220 $48,000 $102,220
2023 $1,132 $92,760 $15,000 $77,760
2022 $1,132 $71,160 $15,000 $56,160
2021 $868 $71,160 $15,000 $56,160
2020 $639 $52,380 $13,500 $38,880
2019 $534 $43,750 $9,450 $34,300
2018 $525 $43,750 $9,450 $34,300
2017 $516 $43,750 $9,450 $34,300
2016 $306 $47,010 $11,250 $35,760
2015 $555 $47,010 $11,250 $35,760
2014 $555 $47,010 $11,250 $35,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3678272

Canopy MLS (Canopy Realtor® Association)

APN: 5620-31-4888-0000