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2881 Shady Lane Avenue

2881 Shady Lane Avenue, Concord, NC 28027
Property in Cabarrus
Sold Sep 30, 2008
$160,000
$163,440 by Allen Tate Mortgage Services I
Mortgage Due Oct 01, 2038
Sold Dec 31, 2007
$115,762
Local assessors in Concord, NC have categorized 2881 Shady Lane Avenue as a residential type of property. The home was built in 1964 and is 60 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 20,000 square feet. The linear feet between the front and back of the lot was measured at 2,000 ft and the front of the lot was measured at 1,000 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2881 Shady Lane Avenue has a total of 1,644 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a hip style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2881 Shady Lane Avenue sold most recently in Sep 24, 2008 for a total of $160,000. If you work out the math, that's approximately a cost of $97.32 per sqft. Before that, the property was also sold for $115,762 in Dec 28, 2007. 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 $2,994 in taxes each year. 2881 Shady Lane Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $218,520. If we break it down further, the land itself was valued at $33,600. Improvements to the property, however, were assessed at a total of $184,920. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1985
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Ceramic
  • Basement Type: Unspecified basement
  • Basement Area: 1,644
  • Parking Type: Built-in
  • Garage Type: Carport
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 20,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,644
  • Gross Building Area: 4,392
  • Building Area: 1,644
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,644
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: B L UMBERGER ESTATE
  • Land Acres: 0.459
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LTS 78-81 B L UMBERGER ESTATE BLK B

Ownership

  • Current Owner : GAMEZ ARMANDO
  • Current Owner 2: GAMEZ SUSAN T
  • Previous Owner : TRAILBLAZING CORP
  • Owner Before Previous Owner: BLUE WENDY R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Cabarrus County Schools
  • School Tax School District: 04-ALLEN
  • Census Tract: 041100

Zoning

  • Zoning: RM-2

Geography

  • Account Number: 59659
  • District: 04
  • Parcel: 5612 72 2414
  • Block: B
  • Lot: 78-81
  • Municipality: KANNAPOLIS
  • Latitude: 35.4493
  • Longitude: -80.6212

    Address

  • Full Address: 2881 Shady Lane Ave
  • Address - House Number: 2881
  • Address - Street Name: Shady Lane
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Concord
  • Carrier Code: C008
  • 4-Digit Zip Code: 4138
  • Zip Code: 28027

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,994
  • Tax Rate Code Area: CI04

    Appraisal Valuation

  • Standard Deviation: 0.1916
  • Valuation Date: Oct 26, 2022
  • Confidence Score: 74
  • Final Value: 327,880
  • High Value: 390,706
  • Low Value: 265,053

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $163,440
  • First Open Lien Mortgage Lender: ALLEN TATE MORTGAGE SERVICES I
  • First Open Lien Mortgage Recording Date: Sep 30, 2008
  • First Open Lien Mortgage Loan Amount: $163,440
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2038

    Market Valuation

  • Market Total Value: $218,520
  • Market Land Value: $33,600
  • Market Improvement Value: $184,920

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $218,520
  • Assessed Land Value: $33,600
  • Assessed Improvements Value: $184,920

    Sales

  • Current Sale Contract Date: Sep 24, 2008
  • Current Sale Recording Date: Sep 30, 2008
  • Current Sale Transaction ID: 1107199605
  • Current Sale Price: $160,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 31, 2007
  • Previous Sale Contract Date: Dec 28, 2007
  • Previous Sale Amount: $115,762
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: ALLEN TATE MORTGAGE SERVICES I
  • First Mortgage Transaction Date: Sep 30, 2008
  • First Mortgage Loan Amount: $163,440
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Oct 01, 2038

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Frequently Asked Questions

What neighborhood is 2881 Shady Lane Avenue located in?
The 2881 Shady Lane Avenue is a located in the neighborhood of Cabarrus in Kannapolis, Concord.
What is the average sales price for listings in 2881 Shady Lane Avenue?
The average sales price for units in 2881 Shady Lane Avenue is $0 currently.

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