NOT LISTED FOR SALE

708 Magnolia Crossing Cir NW Concord, NC 28027

Estimated Value: $236,000 - $276,000

3 Beds
2 Baths
1,091 Sq Ft
$240/Sq Ft Est. Value

Last Sold September 02, 2020

Last sale price $158,900 $146 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,633/month

2 Days on Market

About This Home

As of September 2020

Welcome home! This 3 bed/2 bath Ranch style house is the one you have been looking for! With no carpet in the home, fresh paint in the living room, and pressure washing done, all you have to do it move right in and make it yours! There is a covered front porch and a deck on the back for relaxing on those Summer nights. Close to downtown Concord and convenient to I85, Concord Mills and revitalized downtown Kannapolis. You don't want to miss out on this one!
**SELLER HAS RECEIVED MULTIPLE OFFERS. PLEASE SUBMIT HIGHEST AND BEST OFFERS BEFORE 7 PM ON SUNDAY, AUGUST 2nd**

Last Agent to Sell the Property

Karie Arem

Worth Clark Realty License #298676 Listed on: 07/31/2020

Worth Clark Realty

Last Buyer's Agent

John Zullo

Coldwell Banker Realty License #287808

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • Level Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Storage Room
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 5621-11-9704-0000

Home Details

Home Type

Single Family

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.04608
  • Ratio Close Price By Original Li: 1.04608
  • Ratio Current Price By Acre: 1222307.69
  • Ratio Current Price By Sq Ft: 145.65
  • Year Built: 2017
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Dryer Hookup, Electric Range
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1091
  • Total Sq Ft: 1091

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Storage Unit

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Winecoff
  • Middle School: Northwest Cabarrus
  • High School: Northwest Cabarrus

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.130
  • Parcel Number: 5621-11-9704-0000
  • Zoning Specification: RC

Tax Info

  • Tax Value: 125450.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2020
Closed on
Aug 29, 2020
Sold by
Ewing Jennifer M and Ewing Jeffrey S
Bought by
Gray Marc G
Seller's Agent
Karie Arem
Worth Clark Realty
Buyer's Agent
John Zullo
Coldwell Banker Realty
List Price
$151,900
Sold Price
$158,900
Premium/Discount to List
$7,000
4.61%
Current Estimated Value
$261,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,803
Avg. Annual Appreciation
10.28%
Original Mortgage
$156,021
Outstanding Balance
$138,713
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$122,990

Purchase Details

Closed on
Dec 22, 2017
Sold by
Habitat For Humanity Cabarrus County Inc
Bought by
Lee Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
3.9%
Mortgage Type
Stand Alone Second
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 Buyer Sale Price Title Company
Gray Marc G $159,000 None Available
Lee Jennifer M $131,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Marc G $156,021
Previous Owner Lee Jennifer M $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2020 09/02/20 Sold $158,900 +4.6% $146 / Sq Ft
08/02/2020 08/02/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $151,900 -- $139 / 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 $2,875 $288,700 $57,000 $231,700
2024 $2,875 $288,700 $57,000 $231,700
2023 $1,616 $132,460 $17,000 $115,460
2022 $1,620 $132,750 $17,000 $115,750
2021 $1,620 $132,750 $17,000 $115,750
2020 $1,530 $125,450 $17,000 $108,450
2019 $1,303 $106,780 $13,000 $93,780
2018 $1,281 $106,780 $13,000 $93,780
2017 $153 $13,000 $13,000 $0
2016 $91 $13,000 $13,000 $0
2015 -- $13,000 $13,000 $0
2014 -- $13,000 $13,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3646811

Canopy MLS (Canopy Realtor® Association)

APN: 5621-11-9704-0000