See Home Value
$835,994*
Commercial - Off Market

4940 Weddington Road

Concord, NC 28027
bedrooms
Studio
bathrooms
0 Bath
$608,000 - $742,000
Reference Base Price*
23.85%
Since Sep 1, 2021
NC-Charlotte
Primary Model
Sold Sep 03, 2021
$675,000

About This Property

Great corner parcel in a rapidly developing area. Located at the signalized intersection of George Liles Parkway and Weddington Road, directly across the street from a Publix shopping center. Currently Zoned MX-NC (mixed use - neighborhood center) with potential to be rezoned commercial. There are 8 rented mobile home lots ($200/month each) and 1 rented single family home ($1200/month) currently on this property.
Unit Size
-
Days on Market
-
Land Size
3.26 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1900

Price History

Date / Event Date Event Price
Aug 10, 2021 No longer available -
No longer available
Jul 23, 2021 Listed $675,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1980
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Vinyl
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 576
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 149,846
  • Lot Size Frontage Feet: 3,300
  • Total Building Area: 1,210
  • Gross Building Area: 1,666
  • Building Area: 1,210
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 1,210
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GEORGE A TUCKER
  • Land Acres: 3.44
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NORTH SIDE WEDDINGTON RD

Ownership

  • Current Owner : PHAM DANG LLC
  • Previous Owner : TROUTMAN ENTERPRISES OF CONCORD INC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: RV

Geography

  • Account Number: 126728
  • District: 02
  • Parcel: 5600 54 3120
  • Municipality: POPLAR TENT
  • Latitude: 35.3986
  • Longitude: -80.6602

    Address

  • Full Address: 4940 Weddington Rd
  • Address - House Number: 4940
  • Address - Street Name: Weddington
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Concord
  • Carrier Code: R008
  • 4-Digit Zip Code: 0041
  • Zip Code: 28027

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,620
  • Tax Rate Code Area: CI02

    Appraisal Valuation

  • Standard Deviation: 0.1649
  • Valuation Date: Oct 26, 2022
  • Confidence Score: 79
  • Final Value: 748,173
  • High Value: 871,589
  • Low Value: 624,757

    Market Valuation

  • Market Total Value: $460,670
  • Market Land Value: $333,440
  • Market Improvement Value: $127,230

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $460,670
  • Assessed Land Value: $333,440
  • Assessed Improvements Value: $127,230

    Sales

  • Current Sale Contract Date: Sep 03, 2021
  • Current Sale Recording Date: Sep 03, 2021
  • Current Sale Transaction ID: 11854640302
  • Current Sale Price: $675,000
  • Current Sale Document Type: Warranty Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
3 Baths
3,688 ft²
$197/ft²
$725,000 Jun 29, 2023
-
$359/mo

About Cabarrus Country Club


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Frequently Asked Questions

When was property at 4940 Weddington Road built and last sold?
The property at 4940 Weddington Road was built in 1900 and last sold on Sep 3, 2021 for $675,000.
How much is this home worth?
The estimated value of the home located at 4940 Weddington Road is $681,750.
What are some comparable homes to 4940 Weddington Road?
There are currently no comparable homes to 4940 Weddington Road.

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