$145,000
SOLD FEB 21, 2017

75 Search Dr Concord, NC 28025

15 Acres
$9,857 Price per Acre
640,768 Sq Ft Lot

Recently Sold

12% Below List Price

166 Days on Market

About This Lot

As of July 2022

Beautiful land located at the end of the cul de sac on left on Search Drive--convenient to Hwy 49 and a quick drive to Charlottte. You can build your dream home in complete privacy. Pond located on property and it is mostly wooded. Listed way below tax value!! Owners had planned to retire here, but no longer plan to return to Concord.

Last Agent to Sell the Property

Mitzi Crane

Crane Properties License #136030 Listed on: 06/22/2016

Last Buyer's Agent

Kelly Humphrey

Coldwell Banker Realty License #283004

Coldwell Banker Realty

Property Details

Property Type

  • Land

Lot Details

  • Property is zoned Residential Acreage

Listing and Financial Details

  • Assessor Parcel Number 5528-80-1841-0000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Acreage
  • Ratio Close Price By List Price: 0.87879
  • Ratio Close Price By Original Li: 0.87879
  • Ratio Current Price By Acre: 9857.24
  • Additional Information: Appraisal
  • Special Features: None

Exterior Features

  • Construction Type: Off Frame Modular, On Frame Modular, Site Built
  • Publically Maintained Road: Yes

Schools

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

Lot Info

  • Lot Dimension: 14.71
  • Lot Features: Cul-de-sac Lot, Water view, Lake
  • Lot Size Area: 14.710
  • Parcel Number: 5528-80-1841-0000
  • Zoning: Residential Acreage
  • Zoning Specification: LDR
  • Plat Reference Section Pages: 661

Tax Info

  • Tax Value: 210060.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2022
Closed on
Jul 18, 2022
Sold by
Serna Linda P and Serna Juan M
Bought by
Paolasini Michael
Seller's Agent
Leah Long
Better Homes and Garden Real Estate Paracle
Buyer's Agent
Steve Miller
Better Homes and Garden Real Estate Paracle
List Price
$1,100,000
Sold Price
$1,025,000
Premium/Discount to List
-$75,000
-6.82%
Current Estimated Value
$1,083,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,933
Avg. Annual Appreciation
0.56%
Original Mortgage
$820,000
Outstanding Balance
$784,641
Interest Rate
5.09%
Mortgage Type
Balloon
Estimated Equity
$257,886

Purchase Details

Listed on
Jun 22, 2016
Closed on
Feb 15, 2017
Sold by
Haines Nancy Pharr and Haines Stephen D
Bought by
Serna Juan M and Serna Linda Palacios
Seller's Agent
Mitzi Crane
Crane Properties
Buyer's Agent
Kelly Humphrey
Coldwell Banker Realty
List Price
$165,000
Sold Price
$145,000
Premium/Discount to List
-$20,000
-12.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.55%
Original Mortgage
$100,500
Interest Rate
4.12%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- Dowless Law Firm Pc
Warranty Deed $1,025,000 Dowless Law Firm Pc
Warranty Deed $145,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $820,000 Balloon
Closed $820,000 Balloon
Previous Owner $358,500 Construction
Previous Owner $100,500 Future Advance Clause Open End Mortgage
Previous Owner $230,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2022 07/18/22 Sold $1,025,000 0.0% $258 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
05/14/2022 05/14/22 Off Market $1,025,000 -- --
05/02/2022 05/02/22 For Sale $1,100,000 +658.6% $277 / Sq Ft
02/21/2017 02/21/17 Sold $145,000 -12.1% --
12/05/2016 12/05/16 Pending -- -- --
06/22/2016 06/22/16 For Sale $165,000 -- --
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 $6,703 $956,180 $399,680 $556,500
2023 $5,896 $669,960 $159,870 $510,090
2022 $5,961 $677,380 $159,870 $517,510
2021 $5,961 $677,380 $159,870 $517,510
2020 $5,961 $677,380 $159,870 $517,510
2019 $2,239 $368,050 $159,870 $208,180
2018 $1,704 $233,990 $233,990 $0
2017 $1,680 $210,060 $210,060 $0
2016 $1,592 $210,060 $210,060 $0
2015 -- $210,060 $210,060 $0
2014 -- $210,060 $210,060 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3190092

Canopy MLS (Canopy Realtor® Association)

APN: 5528-80-1841-0000