NOT LISTED FOR SALE

72 Pinecrest Dr SW Concord, NC 28027

Estimated Value: $217,000 - $257,000

2 Beds
1 Bath
982 Sq Ft
$243/Sq Ft Est. Value

Last Sold May 18, 2020

Last sale price $160,000 $163 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,514/month

40 Days on Market

Highlights

  • Ranch Style House
  • Fireplace
  • Many Trees
  • J.N. Fries Middle School Rated A-

About This Home

As of May 2020

Truly a gem in Central Cabarrus! This recently masterfully renovated home has upgrades throughout, including new electrical, updated plumbing, an renovated kitchen, remodeled bathroom, new flooring, new windows, refurbished fireplace and a brand new wood deck which overlooks a beautiful magnolia tree! Home is also outfitted with a new HVAC system, stainless steel kitchen appliances, and a washer/dryer. This home doesn't lack character, with craftsman style finishes such as exposed wooden beams and barn doors in the Master.

Last Agent to Sell the Property

Andrew Graves

Vanguard Property Holdings LLC License #297371 Listed on: 03/06/2020

Last Buyer's Agent

Freddy Karmatz

FK and Associates Real Estate Firm License #282367

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 0.4

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • Fireplace
  • Crawl Space

Additional Features

  • Many Trees
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 5529-25-0870-0000

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.00946
  • Ratio Close Price By Original Li: 1.00946
  • Ratio Current Price By Acre: 400000.00
  • Ratio Current Price By Sq Ft: 162.93
  • Year Built: 1952
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 982
  • Total Sq Ft: 982

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Central Air
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Wolf Meadow
  • Middle School: J.n. Fries
  • High School: Central Cabarrus

Lot Info

  • Lot Features: Trees
  • Lot Size Area: 0.400
  • Parcel Number: 5529-25-0870-0000
  • Zoning Specification: RV

Tax Info

  • Tax Value: 68500.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
May 18, 2020
Sold by
Smiley Mark A and Smiley April
Bought by
Powell April
Seller's Agent
Andrew Graves
Vanguard Property Holdings LLC
Buyer's Agent
Freddy Karmatz
FK and Associates Real Estate Firm
List Price
$158,500
Sold Price
$160,000
Premium/Discount to List
$1,500
0.95%
Current Estimated Value
$238,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,575
Avg. Annual Appreciation
7.71%
Original Mortgage
$157,102
Outstanding Balance
$141,028
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$92,445

Purchase Details

Closed on
Nov 15, 2019
Sold by
Estate Of Billy Wayne Morton & Alice Gai
Bought by
Smiley Mark A
Source: Public Records

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Range of Values:

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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
Powell April $160,000 None Available
Smiley Mark A $62,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell April $62,000
Open Powell April $157,102
Previous Owner Morton Billy Wayne $52,000
Previous Owner Morton Billy Wayne $57,000
Previous Owner Morton Billy Wayne $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2020 05/18/20 Sold $160,000 +0.9% $163 / Sq Ft
04/15/2020 04/15/20 Pending -- -- --
03/29/2020 03/29/20 For Sale $158,500 0.0% $161 / Sq Ft
03/09/2020 03/09/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $158,500 -- $161 / 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 $2,208 $221,670 $50,000 $171,670
2023 $1,559 $127,750 $30,000 $97,750
2022 $1,013 $127,750 $30,000 $97,750
2021 $1,013 $127,750 $30,000 $97,750
2020 $1,013 $83,070 $30,000 $53,070
2019 $418 $68,500 $22,000 $46,500
2018 $411 $68,500 $22,000 $46,500
2017 $404 $68,500 $22,000 $46,500
2016 $240 $66,840 $22,000 $44,840
2015 $789 $66,840 $22,000 $44,840
2014 $789 $66,840 $22,000 $44,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3598678

Canopy MLS (Canopy Realtor® Association)

APN: 5529-25-0870-0000