Seller's Agent in 2024
Tim Reid
Reid's Real Estate & Marketing Group
(980) 224-6000
6 in this area
15 Total Sales
94 Chestnut Dr SW Concord, NC 28025
Estimated Value: $223,000 - $282,000
3
Beds
2.5
Baths
1,392
Sq Ft
$184/Sq Ft
Est. Value
Highlights
- New Construction
- Laundry Room
- Forced Air Heating and Cooling System
About This Home
As of November 2024This home blends serenity with modern elegance. A wide front porch or fabulous rear deck invites you to relax with your favorite drink. Inside, vinyl plank flooring guides you through a spacious living and dining area into a stunning kitchen adorned with modern gray cabinets and solid surface countertops. Upstairs, you'll find three bedrooms, each a calming retreat. The primary bedroom features a private ensuite, creating a personal oasis. This home is just moments from the vibrant heart of Downtown Concord, offering easy access to shopping and dining. IMPORTANT: This home is reserved for households earning 80% of the Area Median Income (AMI) or below. HUD Counselors determine eligibility for down payment assistance. Buyers average between $75,000-125,000 in down payment assistance. This is not guaranteed. This home is part of a community land trust. Buyers will own and pay taxes on the improvements only. Mortgages will be based on the sales price less the land's value.
Last Agent to Sell the Property
Reid's Real Estate & Marketing Group Brokerage Email: timreidrealtor@gmail.com License #244512 Listed on: 05/27/2024
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,611
Year Built
- Built in 2024 | New Construction
Lot Details
- 3,920
Home Design
- Entry on the 1st floor
- Slab Foundation
- Metal Roof
- Hardboard
Interior Spaces
- 2-Story Property
- Laundry Room
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Parking
- Driveway
- Assigned Parking
Schools
- W.M. Irvin Elementary School
Utilities
- Forced Air Heating and Cooling System
Community Details
- Built by PRESPRO
- Eastlake
Listing and Financial Details
- Assessor Parcel Number 56209547340000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 27, 2024
Closed on
Oct 23, 2024
Sold by
Concord Webuild
Bought by
Coleman Barbara Ann
Seller's Agent
Tim Reid
Reid's Real Estate & Marketing Group
Buyer's Agent
Joslyn Blackburn
Keller Williams Unlimited
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%
Views
42
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,026
Avg. Annual Appreciation
-6.31%
Original Mortgage
$12,500
Outstanding Balance
$12,375
Interest Rate
6.09%
Estimated Equity
$243,599
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Coleman Barbara Ann | $225,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Coleman Barbara Ann | $12,500 | |
| Open | Coleman Barbara Ann | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/01/2024 11/01/24 | Sold | $275,000 | 0.0% | $198 / Sq Ft |
| 09/06/2024 09/06/24 | Pending | -- | -- | -- |
| 06/22/2024 06/22/24 | Price Changed | $275,000 | -3.5% | $198 / Sq Ft |
| 05/27/2024 05/27/24 | For Sale | $285,000 | -- | $205 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $2,611 | $262,160 | $50,000 | $212,160 |
| 2024 | $0 | $193,540 | $50,000 | $143,540 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Reid
-
Joslyn Blackburn
Buyer's Agent in 2024
Joslyn Blackburn
Keller Williams Unlimited
(704) 559-9665
23 in this area
63 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4144821
APN: 5620-95-4734-0000
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