NOT LISTED FOR SALE

688 Union St S Concord, NC 28025

Estimated Value: $970,000 - $1,039,000

5 Beds
4 Baths
5,610 Sq Ft
$179/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $900,000 $160 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,081/month

Highlights

  • Double Oven
  • 6 Car Garage
  • Laundry Room
  • R Brown Mcallister STEMElementary Rated A-
  • Fireplace
  • Four Sided Brick Exterior Elevation

About This Home

As of November 2023

Live in one of the fastest growing suburbs in the US & walkable to downtown Concord! Georgian-English style 2-story, full brick home, on 1+ acres is built for a lifetime. Formal living room w/ wood fireplace. 2 bd/2 bath on main, could be used as a 'guest suite.' Sunroom w/ ample natural light. Traditional study w/ fireplace & built-ins. Spacious kitchen featuring SS 'Kitchenaid' appliances, double oven, refrigerator w/ built-in drawers. Laundry off kitchen & washer/dryer. Owner's suite upstairs w/ WIC & fully renovated bath featuring rain & waterfall shower. 3 additional beds, and full bath upstairs. Plenty of storage/closet space, Hardwoods, hand-laid tile, & detailed crown molding throughout. Oversized 2 car garage. INCOME OPPORTUNITY ~1,600 SF 4 car garage that could be a separate cottage with it's own power meter. HVAC replaced in 2021. Brick wall fencing allows privacy to enjoy a stone patio & exquisite landscaping. Convenient to Concord Parkway, & historic downtown.

Last Agent to Sell the Property

Mike Hege

COMPASS Brokerage Email: mike.hege@compass.com License #247891 Listed on: 11/29/2023

COMPASS

Last Buyer's Agent

Julie Breedlove

Premier Sotheby's International Realty License #264561

Premier Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,880

Year Built

  • Built in 1951

Lot Details

  • Property is zoned RM-2

Parking

  • 6 Car Garage

Home Design

  • Slab Foundation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Basement
  • Interior Basement Entry
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Full Bathrooms

Schools

  • R Brown Mcallister Elementary School
  • Concord Middle School
  • Concord High School

Utilities

  • Central Air
  • Floor Furnace
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 5630-31-6349-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,880

Year Built

Built in 1951

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1951
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 160.43
  • Geocode Confidence: Medium
  • Attribution Contact: mike.hege@compass.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 3548
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 2062
  • Appliances: Dishwasher, Double Oven, Gas Cooktop, Refrigerator
  • Above Grade Finished Sq Ft: 5610
  • Has Basement: Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Living Area: 5610
  • Bedroom Main: 2
  • Room Count: 12

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 6
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Detached Garage

Utilities

  • Heating: Floor Furnace, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Concord
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 1.28
  • Lot Size Units: Acres
  • Parcel Number: 5630-31-6349-0000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RM-2

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: R Brown McAllister
  • High School: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2023
Closed on
Nov 29, 2023
Sold by
Nathan Simon M and Nathan Maureen
Bought by
Binkley Joshua D and Binkley Tiffany
Seller's Agent
Mike Hege
COMPASS
Buyer's Agent
Julie Breedlove
Premier Sotheby's International Realty
List Price
$998,500
Sold Price
$900,000
Premium/Discount to List
-$98,500
-9.86%
Views
4
Current Estimated Value
$1,002,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,409
Avg. Annual Appreciation
5.74%
Original Mortgage
$700,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 26, 2021
Closed on
Sep 9, 2021
Sold by
Corbett David S and Corbett Nancy H
Bought by
Nathan Simon M and Nathan Maureen
Seller's Agent
Brenda Cline
RE/MAX Executive
Buyer's Agent
Teresa Long
David Hoffman Realty
List Price
$899,900
Sold Price
$800,000
Premium/Discount to List
-$99,900
-11.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%

Purchase Details

Closed on
Apr 6, 2021
Sold by
Corbett David and Corbett Nancy
Bought by
Corbett David S and Corbett Nancy H

Purchase Details

Closed on
Jul 22, 2004
Sold by
Armstrong Michael J and Armstrong Meg H
Bought by
Corbett David and Corbett Nancy

Purchase Details

Closed on
Jan 1, 1995
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Binkley Joshua D $900,000 None Listed On Document
Nathan Simon M $800,000 None Available
Corbett David S -- None Available
Corbett David $515,000 --
-- $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Binkley Joshua D $806,500
Closed Binkley Joshua D $700,000
Previous Owner Corbett David Shay $100,000
Previous Owner Armstrong Michael J $373,000
Previous Owner Armstrong Michael J $384,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $900,000 -9.9% $160 / Sq Ft
11/29/2023 11/29/23 Pending -- -- --
11/29/2023 11/29/23 For Sale $998,500 +24.8% $178 / Sq Ft
09/23/2021 09/23/21 Sold $800,000 -11.1% $142 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $899,900 -- $159 / 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 $8,880 $891,540 $80,000 $811,540
2023 $7,809 $640,110 $37,000 $603,110
2022 $7,809 $528,930 $37,000 $491,930
2021 $6,453 $528,930 $37,000 $491,930
2020 $6,453 $528,930 $37,000 $491,930
2019 $6,046 $495,610 $32,000 $463,610
2018 $5,947 $495,610 $32,000 $463,610
2017 $5,848 $495,610 $32,000 $463,610
2016 $3,469 $471,820 $32,000 $439,820
2015 $5,567 $471,820 $32,000 $439,820
2014 $5,567 $471,820 $32,000 $439,820
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4090230

Canopy MLS (Canopy Realtor® Association)

APN: 5630-31-6349-0000