NOT LISTED FOR SALE

797 Burrage Rd NE Concord, NC 28025

Estimated Value: $369,111 - $409,000

0.54 Acre
$723,663 Price per Acre
23,522 Sq Ft Lot

Last Sold November 12, 2015

Last sale price $35,500

Est. 1,001% increase in value since last sale

Current estimated payment $2,460/month

343 Days on Market

About This Lot

As of November 2015

OWNER FINANCING AVAILABLE. Level lot (.54) acre and ready to build . Established, desirable neighborhood near hospital, shopping, schools, restaurants, parks and major roads. Extremely convenient location, just minutes from Interstate 85. City water & sewer in place. no tap on fees required per city of concord.

Last Agent to Sell the Property

Kelly Hudson

Carolina Homes Realty Brokerage Email: kelly.hudson@allentate.com License #155758 Listed on: 10/20/2014

Last Buyer's Agent

Diane Honeycutt

Allen Tate Concord License #161527

Allen Tate Concord

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,295

Year Built

  • 2016

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 98x263x93x242
  • Possible uses of the property include Residential
  • Property is zoned RM-1

Schools

  • Beverly Hills Elementary School
  • Concord Middle School
  • Concord High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5621-79-0499-0000

Property Details

Property Type

Land

Est. Annual Taxes

$3,295

Year Built

2016

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Livestock Restriction,Manufactured Home Not Allowed
  • Special Assessment Yn: 0
  • ResoPropertyType: Land
  • Attribution Contact: kelly.hudson@allentate.com
  • Special Features: None
  • Year Built (Public Record): 2016

Interior Features

  • Possible Use: Residential
  • Room Count: 0

Exterior Features

  • Other Structures: None

Utilities

  • Sewer: Public Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Concord
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.54
  • Lot Size Units: Acres
  • Parcel Number: 5621-79-0499-0000
  • Can Be Subdivided: 0
  • Lot Size Acres: 0.54
  • Lot Size: 98x263x93x242
  • Lot Size Sq Ft: 23522
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RM-1

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Beverly Hills
  • High School: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2014
Closed on
Nov 20, 2015
Sold by
Southern Legacy Homes Inc
Bought by
Jenkins Kema M and Sloop Kelly
Seller's Agent
Kelly Hudson
Carolina Homes Realty
Buyer's Agent
Diane Honeycutt
Allen Tate Concord
List Price
$49,900
Sold Price
$35,500
Premium/Discount to List
-$14,400
-28.86%
Total Days on Market
343
Current Estimated Value
$390,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,278
Avg. Annual Appreciation
28.16%
Original Mortgage
$156,000
Interest Rate
3.83%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 10, 2006
Sold by
Vanderburg F Micah and Vanderburg Kelly H
Bought by
Southern Legacy Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.46%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 12, 2006
Sold by
Capstone Investments Llc
Bought by
Vanderburg F Micah and Vanderburg Kelly H

Purchase Details

Closed on
Nov 1, 2005
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Capstone Investment Llc and Bph Property Management Llc

Purchase Details

Closed on
Oct 11, 2005
Sold by
Mullis Myra L
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 21, 2002
Sold by
Mullis Carroll M and Mullis Dorothy G
Bought by
Mullis Myra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 2001
Sold by
Johnson Donnie W and Johnson Susan E
Bought by
Mullis Carroll M and Mullis Dorothy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.87%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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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
Jenkins Kema M $35,500 None Available
Southern Legacy Homes Inc $50,000 None Available
Vanderburg F Micah $72,500 None Available
Capstone Investment Llc -- --
Federal Home Loan Mortgage Corporation $60,500 --
Mullis Myra L -- --
Mullis Carroll M $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jenkins Kema M $156,000
Closed Jenkins Kema M $12,000
Closed Jenkins Kema M $19,500
Closed Jenkins Kema M $156,000
Previous Owner Southern Legacy Homes Inc $45,000
Previous Owner Mullis Myra L $84,000
Previous Owner Mullis Carroll M $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2015 11/12/15 Sold $35,500 -28.9% --
09/28/2015 09/28/15 Pending -- -- --
10/20/2014 10/20/14 For Sale $49,900 -- --
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 $3,295 $330,830 $58,000 $272,830
2023 $2,481 $203,390 $46,000 $157,390
2022 $2,481 $203,390 $46,000 $157,390
2021 $2,481 $203,390 $46,000 $157,390
2020 $2,481 $203,390 $46,000 $157,390
2019 $2,197 $180,070 $41,000 $139,070
2018 $2,161 $180,070 $41,000 $139,070
2017 $2,125 $180,070 $41,000 $139,070
2016 $292 $41,620 $41,000 $620
2015 $491 $41,620 $41,000 $620
2014 $491 $41,620 $41,000 $620
Source: Public Records

Agents Affiliated with this Home

  • Kelly Hudson

    Seller's Agent in 2015

    Kelly Hudson

    Carolina Homes Realty

    (704) 791-0042

    Section Image
  • Diane Honeycutt

    Buyer's Agent in 2015

    Diane Honeycutt

    Allen Tate Realtors

    (704) 791-2807

    71 in this area

    228 Total Sales

    Diane Honeycutt
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3042842

Canopy MLS (Canopy Realtor® Association)

APN: 5621-79-0499-0000

North Carolina Cabarrus County Concord 28025

797 Burrage Rd NE, Concord, NC

This home is located at 797 Burrage Rd NE, Concord, NC 28025 since 20 October 2014 and is currently estimated at $390,778. This property was built in 2016. 797 Burrage Rd NE is a home located in Cabarrus County with nearby schools including Beverly Hills STEM Elementary, Concord Middle School, and Concord High School.

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