NOT LISTED FOR SALE

7051 Bost Cutoff Rd Concord, NC 28025

Estimated Value: $486,000 - $810,805

3 Beds
2 Baths
1,673 Sq Ft
$391/Sq Ft Est. Value

Last Sold October 26, 2020

Last sale price $531,000 $317 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,844/month

2 Days on Market

Highlights

  • Pond
  • Wood Flooring
  • Fireplace
  • Wooded Lot
  • Farmhouse Style Home
  • Walk-In Closet

About This Home

As of October 2020

Completely remodeled 1917 Farmhouse on over 20 acres has it all: gated entrance, 3 car garage with 2nd floor living, barn, stocked pond, 10 acres fenced, two creeks, riding trails, solar power, raised bed garden, and an incredible view of the sunrise/sunset. The farmhouse was taken down to the studs 8 years ago and all the modern comforts have been added while maintaining the country charm. Attention to detail everywhere with indoor/outdoor living for your furry friends, heart pine flooring, functional windmill, claw foot tub in guest bath, 1/2 bath "outhouse", fruit trees and bushes, custom cabinetry, wood burning fireplaces, oversized middle garage bay, etc. Enjoy a bonfire with friends by the pond, the perfect sunrise from the patio, trail riding / hiking through the woods, hunting by the creek or preparing a meal from the garden. This is the modern farm lifestyle at its finest.

Last Agent to Sell the Property

Jordan Flair

Pacifico Properties LLC License #274752 Listed on: 09/21/2020

Co-Listed By

Julia Pacifico

Pacifico Properties LLC License #245721

Last Buyer's Agent

Tina Anderson

EXP Realty LLC License #301197

EXP Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1917

Lot Details

  • Home fronts a stream
  • Cleared Lot
  • Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • Farmhouse Style Home
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Insulated Windows
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Pond
  • Outbuilding

Additional Features

  • Fenced For Cattle
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 5568-59-5785-0000

Home Details

Home Type

Single Family

Year Built

Built in 1917

Lot Details

0

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Farmhouse
  • Ratio Close Price By List Price: 1.06200
  • Ratio Close Price By Original Li: 1.06200
  • Ratio Current Price By Acre: 25915.08
  • Ratio Current Price By Sq Ft: 317.39
  • Year Built: 1917
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 583
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher, Double Oven, Electric Dryer Hookup, Ice Maker Connection, Refrigerator, Wall Oven
  • Fireplace Description: Living Room, Primary Bedroom
  • Fireplace: Yes
  • Fixture Exception Description: Outdoor speakers at back patio, curtains & curtain rods
  • Fixture Exception Yn: Yes
  • Flooring: Wood
  • Interior Amenities: Attic Other, Pantry, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Additional: 443
  • Main Level Sq Ft: 1090
  • Total Sq Ft: 1673

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Pasture, Fenced Yard, Outbuilding

Garage/Parking

  • Driveway: Gravel
  • Parking: Detached Garage, Driveway, Garage - 3 Car, Keypad Entry, Parking Space - 4+

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: A.T. Allen
  • Middle School: Mount Pleasant
  • High School: Mount Pleasant

Lot Info

  • Lot Features: Cleared, Pond, Stream/Creek, Wooded
  • Lot Size Area: 20.490
  • Parcel Number: 5568-59-5785-0000
  • Zoning Specification: CR

Tax Info

  • Tax Value: 300700.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2020
Closed on
Oct 23, 2020
Sold by
Hofges William M and Hofges Annette Sue
Bought by
Siner Herbert W and Siner Michelle B
Seller's Agent
Jordan Flair
Pacifico Properties LLC
Buyer's Agent
Tina Anderson
EXP Realty LLC
List Price
$500,000
Sold Price
$531,000
Premium/Discount to List
$31,000
6.2%
Current Estimated Value
$654,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,451
Avg. Annual Appreciation
4.27%
Original Mortgage
$424,800
Outstanding Balance
$377,148
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$277,303

Purchase Details

Closed on
Mar 2, 2012
Sold by
Mountney Vivian Baugh
Bought by
Hodges William M and Hodges Annette Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.89%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Siner Herbert W $531,000 None Available
Hodges William M $168,500 Barrister Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siner Herbert W $424,800
Previous Owner Hodges William M $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2020 10/26/20 Sold $531,000 +6.2% $317 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $500,000 -- $299 / 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 $4,946 $721,060 $396,480 $324,580
2024 $4,946 $721,060 $396,480 $324,580
2023 $3,769 $439,330 $198,240 $241,090
2022 $3,769 $439,330 $198,240 $241,090
2021 $3,769 $439,330 $198,240 $241,090
2020 $2,921 $340,440 $198,550 $141,890
2019 $2,580 $300,700 $167,200 $133,500
2018 $2,475 $300,700 $167,200 $133,500
2017 $2,415 $300,700 $167,200 $133,500
2016 $2,415 $333,130 $198,550 $134,580
2015 $2,247 $333,130 $198,550 $134,580
2014 $2,247 $333,130 $198,550 $134,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3664478

Canopy MLS (Canopy Realtor® Association)

APN: 5568-59-5785-0000