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1940 Coley Street Southwest

1940 Coley Street Southwest, Concord, NC 28027
Sold Nov 30, 2020
$186,900
$151,389 by Allen Tate Mortgage Partners L
Mortgage Due Dec 01, 2050
Sold Jun 15, 2017
$25,000
1940 Coley Street Southwest in Concord, NC was first built in 2020 and is 4 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1940 Coley Street Southwest has 1,232 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,710 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The home has a cathedral style roof made of composition shingle. For those who need parking, there is a offsite garage. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of decorative/custom materials. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1940 Coley Street Southwest sold most recently in Nov 25, 2020 for a total of $186,900. If you work out the math, that's approximately a cost of $151.70 per sqft. Before that, the property was also sold for $25,000 in Jun 14, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,156 in taxes each year. 1940 Coley Street Southwest was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $176,730. If we break it down further, the land itself was valued at $22,000. Improvements to the property, however, were assessed at a total of $154,730. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Condition

New Construction

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Decorative/custom materials
  • Roof Shape Type: Cathedral
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Offsite
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,710
  • Lot Size Frontage Feet: 510
  • Total Building Area: 1,232
  • Gross Building Area: 1,417
  • Building Area: 1,232
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,232
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PROPERTY OF NEW LIFE DEVEOPERS
  • Land Acres: 0.177
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 3 NEW LIFE DEVELOPERS LLC

Ownership

  • Current Owner : HAMILTON MELISSA J
  • Previous Owner : KEN KELLIS BUILDERS INC
  • Owner Before Previous Owner: NEW LIFE DEVELOPERS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cabarrus County Schools
  • School Tax School District: 02-JACKSON PARK
  • Census Tract: 042000

Zoning

  • Zoning: RV

Geography

  • Account Number: 142370
  • District: 11
  • Parcel: 5529 19 9064
  • Lot: 3
  • Municipality: CENTRAL CABARRUS
  • Latitude: 35.3854
  • Longitude: -80.6039

    Address

  • Full Address: 1940 Coley St Sw
  • Address - House Number: 1940
  • Street Segment Direction: SW
  • Address - Street Name: Coley
  • Address - Suffix Type: St
  • State: NC
  • City Name: Concord
  • Carrier Code: C034
  • 4-Digit Zip Code: 6806
  • Zip Code: 28027

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,156
  • Tax Rate Code Area: CI02

    Appraisal Valuation

  • Standard Deviation: 0.1888
  • Valuation Date: Oct 26, 2022
  • Confidence Score: 75
  • Final Value: 336,921
  • High Value: 400,557
  • Low Value: 273,284

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $151,389
  • First Open Lien Mortgage Lender: ALLEN TATE MORTGAGE PARTNERS L
  • First Open Lien Mortgage Recording Date: Nov 30, 2020
  • First Open Lien Mortgage Loan Amount: $151,389
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $176,730
  • Market Land Value: $22,000
  • Market Improvement Value: $154,730

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $176,730
  • Assessed Land Value: $22,000
  • Assessed Improvements Value: $154,730

    Sales

  • Current Sale Contract Date: Nov 25, 2020
  • Current Sale Recording Date: Nov 30, 2020
  • Current Sale Transaction ID: 11805486528
  • Current Sale Price: $186,900
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 15, 2017
  • Previous Sale Contract Date: Jun 14, 2016
  • Previous Sale Amount: $25,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALLEN TATE MORTGAGE PARTNERS L
  • First Mortgage Transaction Date: Nov 30, 2020
  • First Mortgage Loan Amount: $151,389
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

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Frequently Asked Questions

What neighborhood is 1940 Coley Street Southwest located in?
The 1940 Coley Street Southwest is a house located in the neighborhood of Fleetwood Ave in Fleetwood Ave, Concord.
What is the average sales price for listings in 1940 Coley Street Southwest?
The average sales price for units in 1940 Coley Street Southwest is $186,900 , or $152/sqft. currently.

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