See Home Value
Concord 28027
573 Faith Drive SW
$208,209*
House - Off Market

573 Faith Drive SW

Concord, NC 28027
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1259 Sqft
$167,000 - $203,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Jul 22, 2020
$185,000
$148,000 by Residential Mortgage Services
Mortgage Due Aug 01, 2050
Sold Sep 06, 2019
$95,000

About This Property

SELLER PROMOTION - $2,500.00 toward Closing Costs, Upgrades, or buyer preference!  **IMPROVED** 3 bedroom 2 full bathroom Ranch with *MASSIVE* and open lot is complete and ready for a new homeowner or even investor! Improvements have been carefully planned for low maintenance and to maximize functionality and space.  The main living area has been opened up with new flooring installed throughout the home.  The kitchen has been refinished and a functional island including the kitchen sink and dishwasher has been installed.  Kitchen cabinets are brand new with granite counter-tops, subway tile backsplash, and the appliances are included! The kitchen transitions & flows into the dining / breakfast area where the washer and dryer hookup is. This property has a cozy and fluid floor plan that allows for a lot of natural light.  Driveway has been ADDED for parking and convenience.

The manager has listed the unit size as 1259 square feet.
Unit Size
1,259Ft²
Days on Market
-
Land Size
0.67 acres
Price per sqft
$147
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1920

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Jul 22, 2020 Sold to Hamideh Geramifard $185,000
Sold to Hamideh Geramifard
Jun 13, 2020 In contract -
In contract
Jun 2, 2020 Price Decreased $185,000
↓ $10K (5.1%)
Price Decreased
May 10, 2020 Price Decreased $195,000
↓ $5K (2.3%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 2005
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • 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
  • Parking Type: Offsite
  • Garage Type: Offsite
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 29,185
  • Lot Size Depth Feet: 3,050
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,200
  • Gross Building Area: 1,368
  • Building Area: 1,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,200
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAKDALE PARK
  • Land Acres: 0.67
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LTS 16 & P/O 17-18 OAKDALE PARK BLK B

Ownership

  • Current Owner : GERAMIFARD HAMIDEH
  • Previous Owner : GBR HOLDINGS LLC
  • Owner Before Previous Owner: MUSE BRITTANY N
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cabarrus County Schools
  • School Tax School District: 02-JACKSON PARK
  • Census Tract: 042102

Zoning

  • Zoning: RC

Geography

  • Account Number: 139103
  • District: 11
  • Parcel: 5529 55 3846
  • Block: B
  • Lot: 16
  • Municipality: CENTRAL CABARRUS
  • Latitude: 35.3767
  • Longitude: -80.5925

    Address

  • Full Address: 573 Faith Dr Sw
  • Address - House Number: 573
  • Street Segment Direction: SW
  • Address - Street Name: Faith
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Concord
  • Carrier Code: C013
  • 4-Digit Zip Code: 7149
  • Zip Code: 28027

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,715
  • Tax Rate Code Area: CI02

    Appraisal Valuation

  • Standard Deviation: 0.205
  • Valuation Date: Oct 26, 2022
  • Confidence Score: 72
  • Final Value: 289,406
  • High Value: 348,744
  • Low Value: 230,069

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $148,000
  • First Open Lien Mortgage Lender: RESIDENTIAL MORTGAGE SERVICES
  • First Open Lien Mortgage Recording Date: Jul 22, 2020
  • First Open Lien Mortgage Loan Amount: $148,000
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $140,580
  • Market Land Value: $30,000
  • Market Improvement Value: $110,580

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $140,580
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $110,580

    Sales

  • Current Sale Contract Date: Jul 17, 2020
  • Current Sale Recording Date: Jul 22, 2020
  • Current Sale Transaction ID: 11774572135
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 06, 2019
  • Previous Sale Contract Date: Aug 29, 2019
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RESIDENTIAL MORTGAGE SERVICES
  • First Mortgage Transaction Date: Jul 22, 2020
  • First Mortgage Loan Amount: $148,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
1 Bed
1 Bath
836 ft²
$233/ft²
$195,000 Feb 16, 2023
-
-

About Concord


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Frequently Asked Questions

When was property at 573 Faith Drive Southwest built and last sold?
The property at 573 Faith Drive Southwest was built in 1920 and last sold on Jul 17, 2020 for $185,000.
How much is this home worth?
The estimated value of the home located at 573 Faith Drive Southwest is $193,328.
What are some comparable homes to 573 Faith Drive Southwest?
There are currently no comparable homes to 573 Faith Drive Southwest.

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