NOT LISTED FOR SALE

7520 Mount Olive Rd Concord, NC 28025

Estimated Value: $232,000

1 Bed
1 Bath
624 Sq Ft
$372/Sq Ft Est. Value

Last Sold August 06, 2020

Last sale price $129,000 $207 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,362/month

6 Days on Market

Highlights

  • Attached Garage
  • Mount Pleasant Elementary School Rated A-
  • Level Lot

About This Home

As of August 2020

Live in this adorable garage apartment while you build your dream home on the 2+ acres. Seller is offering allowance for AC unit and private well. Currently on shared well with neighboring home for up to 4 months after close. USDA eligible.

Last Agent to Sell the Property

Diane Honeycutt

Allen Tate Concord License #161527 Listed on: 06/30/2020

Allen Tate Concord

Co-Listed By

Jessica Eudy

Allen Tate Concord License #318003

Last Buyer's Agent

Erica Wright

Austin-Barnett Realty LLC License #317979

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • 2.1

Home Design

  • Slab Foundation
  • Vinyl Siding

Parking

  • Attached Garage
  • Gravel Driveway

Additional Features

  • 1 Full Bathroom
  • Level Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 5661-76-7297-0000

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Ratio Close Price By List Price: 0.95626
  • Ratio Close Price By Original Li: 0.95626
  • Ratio Current Price By Acre: 61428.57
  • Ratio Current Price By Sq Ft: 206.73
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Equipment: Ceiling Fan(s), Refrigerator
  • Laundry Location: Garage
  • Room Count: 1
  • Main Level Sq Ft: 624
  • Total Sq Ft: 624
  • Sq Ft Unheated Main: 624
  • Sq Ft Unheated Total: 624

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Attached Garage, Driveway

Utilities

  • Heating: Electric Baseboard Heat, No A/C
  • Sewer: Septic Installed
  • Water: Shared Well
  • Water Heater: Electric

Schools

  • Elementary School: Mount Pleasant
  • Middle School: Mount Pleasant
  • High School: Mount Pleasant

Lot Info

  • Lot Features: Level
  • Lot Size Area: 2.100
  • Parcel Number: 5661-76-7297-0000
  • Zoning Specification: AO

Tax Info

  • Tax Value: 106340.00
  • Tax Location: Mt Pleasant

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2020
Closed on
Aug 6, 2020
Sold by
Neal Brenda C
Bought by
Costa Murilo Justino
Seller's Agent
Diane Honeycutt
Allen Tate Concord
Buyer's Agent
Erica Wright
Austin-Barnett Realty LLC
List Price
$134,900
Sold Price
$129,000
Premium/Discount to List
-$5,900
-4.37%
Current Estimated Value
$232,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,000
Original Mortgage
$125,130
Outstanding Balance
$112,430
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2018
Sold by
Neal Basil M
Bought by
Neal Brenda C

Purchase Details

Closed on
Aug 1, 1985
Bought by
Neal Basil M
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
Costa Murilo Justino $129,000 None Available
Neal Brenda C -- None Available
Neal Basil M $4,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costa Murilo Justino $28,531
Closed Costa Murilo J $32,200
Open Costa Murilo Justino $125,130
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2020 08/06/20 Sold $129,000 -4.4% $207 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $134,900 -- $216 / 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
2023 $972 $113,260 $35,300 $77,960
2022 $972 $113,260 $35,300 $77,960
2021 $972 $113,260 $35,300 $77,960
2020 $912 $106,340 $35,300 $71,040
2019 $701 $81,700 $31,770 $49,930
2018 $672 $81,700 $31,770 $49,930
2017 $656 $81,700 $31,770 $49,930
2016 $656 $81,660 $30,000 $51,660
2015 $639 $81,660 $30,000 $51,660
2014 $639 $81,660 $30,000 $51,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3636164

Canopy MLS (Canopy Realtor® Association)

APN: 5661-76-7297-0000