Check Availability

351 Old Speedway Drive Northwest

351 Old Speedway Drive Northwest, Concord, NC 28027
Property in Weaks Park
Sold Apr 15, 2021
$240,000
$228,000 by Movement Mortgage
Mortgage Due May 01, 2051
Sold Dec 05, 2019
$236,000
$148,000 by Firstbank
Mortgage
351 Old Speedway Drive Northwest has been categorized by the local assessors in Concord, NC as a residential type of property. The building on the property was first built in 1963 and is 61 years old. However, we must point out that the home was most recently renovated and altered in 1965. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 351 Old Speedway Drive Northwest has 1,612 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,130 ft and across the front of the lot is 1,590 ft. The area measurement of the land has been determined as 30,274 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 560 sqft. Residents will have the luxury of enjoying a open porch. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. The property was last sold in Apr 14, 2021 for $240,000. That's $148.88 per sqft. Prior to that sales transaction, the property was also sold in Dec 5, 2019 for $236,000. 351 Old Speedway Drive Northwest was last assessed in 2022. The total value of the property was assessed at $118,330. Specifically, the land the property is located on was valued at $41,800. While improvements on the property were assessed at a total of $76,530. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,208. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1965
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 560
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 30,274
  • Lot Size Depth Feet: 2,130
  • Lot Size Frontage Feet: 1,590
  • Total Building Area: 1,612
  • Gross Building Area: 1,872
  • Building Area: 1,612
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,612
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1253 AC OLD RECOMNOBNAITION
  • Land Acres: 0.695
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 1 PLAT FOR 1.252 AC OLD SPEEDWAY DR NW

Ownership

  • Current Owner : GALIOTO STEPHANIE MICHELLE
  • Previous Owner : HEAVENLY HOMES J & K LLC
  • Owner Before Previous Owner: OLAS BARBARA LEARY
  • Owner Before Previous Owner 2: OLAS JOHN M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Cabarrus County Schools
  • School Tax School District: 02-JACKSON PARK
  • Census Tract: 042503

Zoning

  • Zoning: RM-2

Geography

  • Account Number: 114938
  • District: 02
  • Parcel: 5610 08 3598
  • Lot: 1
  • Municipality: POPLAR TENT
  • Latitude: 35.4111
  • Longitude: -80.6433

    Address

  • Full Address: 351 Old Speedway Dr Nw
  • Address - House Number: 351
  • Street Segment Direction: NW
  • Address - Street Name: Old Speedway
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Concord
  • Carrier Code: C012
  • 4-Digit Zip Code: 5618
  • Zip Code: 28027

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,208
  • Tax Rate Code Area: CI02

    Appraisal Valuation

  • Standard Deviation: 0.1887
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 75
  • Final Value: 297,879
  • High Value: 354,111
  • Low Value: 241,647

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $228,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 15, 2021
  • First Open Lien Mortgage Loan Amount: $228,000
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $118,330
  • Market Land Value: $41,800
  • Market Improvement Value: $76,530

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $118,330
  • Assessed Land Value: $41,800
  • Assessed Improvements Value: $76,530

    Sales

  • Current Sale Contract Date: Apr 14, 2021
  • Current Sale Recording Date: Apr 15, 2021
  • Current Sale Transaction ID: 11831931030
  • Current Sale Price: $240,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 05, 2019
  • Previous Sale Contract Date: Dec 05, 2019
  • Previous Sale Amount: $236,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Apr 15, 2021
  • First Mortgage Loan Amount: $228,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRSTBANK
  • Previous Mortgage Transaction Date: Dec 05, 2019
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $148,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Cabarrus Country Club



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 2765 Yeager Drive Nw, Concord, NC, 28027

$1,995 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,688 ft²
2765 Yeager Drive Nw, Concord, NC, 28027 Listing by Raghu Kukunoor

Frequently Asked Questions

What neighborhood is 351 Old Speedway Drive Northwest located in?
The 351 Old Speedway Drive Northwest is a located in the neighborhood of Weaks Park in Cabarrus Country Club, Concord.
What is the average sales price for listings in 351 Old Speedway Drive Northwest?
The average sales price for units in 351 Old Speedway Drive Northwest is $0 currently.

Quantcast