NOT LISTED FOR SALE

7244 Edgefield Rd Concord, NC 28025

Estimated Value: $391,870 - $416,000

2 Beds
1.5 Baths
1,636 Sq Ft
$248/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $250,000 $153 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,346/month

5 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • 1-Story Property
  • Bethel Elementary School Rated 9+
  • Shed
  • Many Trees

About This Home

As of October 2020

Beautifully landscaped brick ranch home on over 2 acres! Large family room with beautiful brick fireplace, vaulted ceiling with exposed beams and custom trim. Eat in kitchen with island. Hardwood floors throughout most of home. Cozy covered patio adjacent to large, 2 bay carport. Park like back yard with beautifully maintained gardens and storage shed. Second kitchen area off of the carport that was used as a "canning room" in the past. The home is in exceptional condition and is in a quiet and tranquil neighborhood.

Last Agent to Sell the Property

Steve Mueller

EXP Realty LLC Ballantyne License #71366 Listed on: 09/03/2020

EXP Realty LLC Ballantyne

Last Buyer's Agent

Ivonne Erion

Lantern Realty & Development, LLC License #289340

Lantern Realty & Development, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • Irrigation
  • Many Trees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Vinyl

Outdoor Features

  • Shed
  • Outbuilding

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 5557-32-4881-0000

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.04210
  • Ratio Close Price By Original Li: 1.04210
  • Ratio Current Price By Acre: 115207.37
  • Ratio Current Price By Sq Ft: 152.81
  • Year Built: 1979
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), CO Detector, Dryer, Electric Range, Ice Maker Connection, Refrigerator, Washer
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Laundry Location: Main
  • Room Count: 1
  • Sq Ft Additional: 315
  • Main Level Sq Ft: 1636
  • Total Sq Ft: 1636

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation, Outbuilding, Shed(s)

Garage/Parking

  • Driveway: Concrete
  • Parking: Carport - 2 Car

Utilities

  • Heating: Central Air, Electric Hot Air, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Lot Info

  • Lot Features: Trees
  • Parcel Number: 5557-32-4881-0000
  • Zoning Specification: AO

Tax Info

  • Tax Value: 148770.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Oct 22, 2020
Sold by
Robbins Avery Lee and Robbins Patricia
Bought by
Dominguez Jesse Gallegos and Quintana Abigail Garcia
Seller's Agent
Steve Mueller
EXP Realty LLC Ballantyne
Buyer's Agent
Ivonne Erion
Lantern Realty & Development, LLC
List Price
$239,900
Sold Price
$250,000
Premium/Discount to List
$10,100
4.21%
Current Estimated Value
$406,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,218
Avg. Annual Appreciation
10.03%
Original Mortgage
$225,000
Outstanding Balance
$199,761
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$206,457
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dominguez Jesse Gallegos $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dominguez Jesse Gallegos $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2020 10/23/20 Sold $250,000 +4.2% $153 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $239,900 -- $147 / 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 $2,456 $368,720 $75,690 $293,030
2024 $2,456 $368,720 $75,690 $293,030
2023 $1,904 $228,800 $37,850 $190,950
2022 $1,904 $228,800 $37,850 $190,950
2021 $1,904 $228,800 $37,850 $190,950
2020 $1,005 $165,750 $37,850 $127,900
2019 $863 $148,770 $46,860 $101,910
2018 $843 $148,770 $46,860 $101,910
2017 $822 $148,770 $46,860 $101,910
2016 $822 $134,640 $39,650 $94,990
2015 $710 $134,640 $39,650 $94,990
2014 $710 $134,640 $39,650 $94,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3658709

Canopy MLS (Canopy Realtor® Association)

APN: 5557-32-4881-0000