NOT LISTED FOR SALE

75 Reed St NE Concord, NC 28025

Estimated Value: $184,000 - $210,527

2 Beds
1 Bath
864 Sq Ft
$225/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $118,500 $137 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,146/month

1 Day on Market

Highlights

  • Open Floorplan
  • Ranch Style House
  • Vinyl Flooring

About This Home

As of February 2021

Priced BELOW tax value! This move in ready home is located near downtown Concord within walking distance of cool new brewery and restuarant. The home has been freshly painted and professionally cleaned. The large crawl space creates plenty of storage room for seasonal decorations, tools, mowers, etc. Open floor plan with awesome kitchen and living room so you can enjoy family time while preparing the fresh cooked meal. Covered front porch is perfect for enjoying the cool evening breezes in your favorite rocking chair.

*MULTIPLE OFFERS RECEIVED. PLEASE SUBMIT BEST OFFER BY 5PM SATURDAY JANUARY 23RD*

Last Agent to Sell the Property

Ron Barnhardt

EXP Realty LLC Mooresville License #283624 Listed on: 01/22/2021

EXP Realty LLC Mooresville

Last Buyer's Agent

Cheryl Turner

ERA Live Moore License #125572

ERA Live Moore

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 6,098

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • Open Floorplan
  • Vinyl Flooring
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 5621-90-7215-0000

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.24868
  • Ratio Close Price By Original Li: 1.24868
  • Ratio Current Price By Acre: 846428.57
  • Ratio Current Price By Sq Ft: 137.15
  • Year Built: 2003
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Cable Prewire, Ceiling Fan(s)
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Open Floorplan
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 864
  • Total Sq Ft: 864

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway

Utilities

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

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Sloping
  • Lot Size Area: 0.140
  • Parcel Number: 5621-90-7215-0000
  • Zoning Specification: RM-2

Tax Info

  • Tax Value: 96380.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Feb 24, 2021
Sold by
Mason Laurie and Mason Derek
Bought by
Ortiz Ruben Xavier
Seller's Agent
Ron Barnhardt
EXP Realty LLC Mooresville
Buyer's Agent
Cheryl Turner
ERA Live Moore
List Price
$94,900
Sold Price
$118,500
Premium/Discount to List
$23,600
24.87%
Current Estimated Value
$189,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,614
Avg. Annual Appreciation
10.66%
Original Mortgage
$120,500
Outstanding Balance
$111,802
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$74,536

Purchase Details

Closed on
Jul 24, 2008
Sold by
Fisher Jason M and Fisher Jennifer M
Bought by
Love Brian and Pinion Laurie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,572
Interest Rate
6.27%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 2005
Sold by
Lambert John E
Bought by
Fisher Jason M and Laird 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
$63,897
Interest Rate
5.79%
Mortgage Type
FHA
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
Ortiz Ruben Xavier $118,500 None Available
Love Brian $86,000 None Available
Fisher Jason M $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Ruben Xavier $120,500
Previous Owner Love Brian $84,572
Previous Owner Fisher Jason M $63,897
Previous Owner Lambert John E $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold $118,500 +24.9% $137 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $94,900 -- $110 / 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 $1,715 $172,190 $46,800 $125,390
2023 $1,176 $96,380 $22,500 $73,880
2022 $1,176 $96,380 $22,500 $73,880
2021 $1,176 $96,380 $22,500 $73,880
2020 $1,176 $96,380 $22,500 $73,880
2019 $841 $68,970 $10,800 $58,170
2018 $828 $68,970 $10,800 $58,170
2017 $814 $68,970 $10,800 $58,170
2016 $483 $76,370 $18,000 $58,370
2015 $901 $76,370 $18,000 $58,370
2014 $901 $76,370 $18,000 $58,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3699499

Canopy MLS (Canopy Realtor® Association)

APN: 5621-90-7215-0000