When was property at 98 Ring Avenue Southwest built and last sold?

The property at 98 Ring Avenue Southwest was built in 1951 and last sold on Feb 1, 2002 for $30,000.

How much is this home worth?

The estimated value of the home located at 98 Ring Avenue Southwest is $270,332.

What are some comparable homes to 98 Ring Avenue Southwest?

There are currently no comparable homes to 98 Ring Avenue Southwest.

Concord

28025

South Corban Avenue

98 Ring Avenue SW

$264,500

● House - Off Market

98 Ring Avenue SW

Concord, NC 28025

3 Beds

2 Baths

1,092 Ft²

$1,326

Est. Monthly

About This Property

Conveniently located just minutes from Downtown Concord and under 10 minutes to I-85, this home was fully remodeled in 2020 with updated electrical, plumbing, and windows. The open floor plan features durable LVP flooring, granite countertops, and silver appliances, creating a bright, modern living space. Enjoy outdoor living with a fenced backyard and back porch-perfect for cookouts and relaxing. Situated in a quiet neighborhood with NO HOA, this property is less than 15 minutes (under 10 miles) from Charlotte Motor Speedway and minutes from Carolina Mall and Atrium Health Cabarrus, offering easy access to shopping, dining, and healthcare.

Unit Size

1,092 Ft²

Days on Market

Land Size

0.11 acres

Price per sqft

$247

Property Type

House

Property Taxes

HOA Dues

Year Built

1951

Payment Calculator

Cap Rate Calculator

Last updated: 9 months ago (CANOPYMLS #CAR4330948)

Price History

Date / Event	Date	Event
Feb 20, 2026	Sold	Premium
Sold
Jan 21, 2026	In contract	-
In contract
Jan 9, 2026	Price Decreased	$270,000 ↓ $5K (1.8%)
Price Decreased
Dec 22, 2025	Listed by Jeff Cook Real Estate LPT Realty	$275,000
Listed by Jeff Cook Real Estate LPT Realty
Aug 21, 2025	Sold	Premium
Sold
Aug 1, 2025	In contract	-
In contract
Jul 16, 2025	Price Decreased	$245,000 ↓ $9K (3.5%)
Price Decreased
Jul 12, 2025	Price Decreased	$253,900 ↓ $100 (0%)
Price Decreased
Jun 12, 2025	Price Decreased	$254,000 ↓ $15K (5.6%)
Price Decreased
Apr 28, 2025	Price Decreased	$269,000 ↓ $6K (2.2%)
Price Decreased
Apr 9, 2025	Price Decreased	$275,000 ↓ $13K (4.5%)
Price Decreased
Mar 20, 2025	Listed by RE/MAX Executive	$288,000
Listed by RE/MAX Executive

	This income-producing 3-bedroom, 2-bathroom home in Concord presents an excellent investment opportunity in a rapidly growing market. Fully renovated in 2020, it boasts updated electrical, plumbing, and windows for minimal upkeep and immediate rental readiness. The open floor plan features stylish LVP flooring, a modern kitchen with granite countertops, stainless steel appliances, and two renovated bathrooms. Outside, a private fenced yard with a deck enhances tenant appeal. Conveniently located near shopping, dining, and entertainment, with easy access to Kannapolis and Charlotte. The seller offers a 2-year rate buydown, optimizing cash flow for investors seeking a dependable rental property in Concord's expanding market. Contact us now for more details and to schedule a showing!
Feb 1, 2002	Sold	Premium
Sold
Apr 3, 1998	Sold	Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1951

Effective Year Built: 1975
Bedroom Count: 2
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 0
Building Quality: 10
Construction Type: 0
Building Style: 0
Exterior Walls Type: 1
Interior Walls Type: 3
Roof Shape Type: 1
Roof Cover Type: 3
Floor Count: 100
Floor Cover: 24
Basement Type: 0
Basement Area: 0
Parking Type: 6
Garage Type: 6
Parking Space Count: 0
Patio Type: 0
Porch Type: 7
Pool Type: 0

Dimensions

Lot Size Square Feet: 4,674

Lot Size Depth Feet: 1,140
Lot Size Frontage Feet: 410
Total Building Area: 1,000
Gross Building Area: 1,276
Building Area: 1,000
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 6

Heating: 4
Heated Square Feet: 1,000
Heating Fuel Type: 6

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Land Acres: 0000000107
Standard Land Use Code: 1001
County Land Use Code: 01
Legal Description 1: NW SIDE RING AVE SW

Neighborhood

School District Name: Kannapolis City Schools

School Tax School District: 02-JACKSON PARK
Census Tract: 042101

Zoning

Zoning: RC

Geography

Account Number: 140816

District: 12
Parcel: 5620 96 0162
Municipality: CONCORD
Latitude: 35.405
Longitude: -80.5806

Address

Full Address: 98 Ring Ave Sw

Address - House Number: 98
Street Segment Direction: SW
Address - Street Name: Ring
Address - Suffix Type: Ave
State: NC
City Name: Concord
Carrier Code: C014
4-Digit Zip Code: 5275
Zip Code: 28025

Valuation

Tax

Tax Year: 2022

Tax Amount: $68,600
Tax Rate Code Area: CI02

Appraisal Valuation

Standard Deviation: 0.088

Valuation Date: Oct 12, 2022
Confidence Score: 92
Final Value: 97,558
High Value: 106,143
Low Value: 88,972

Market Valuation

Market Total Value: $56,230

Market Land Value: $9,000
Market Improvement Value: $47,230

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $56,230
Assessed Land Value: $9,000
Assessed Improvements Value: $47,230

Sales

Current Sale Contract Date: Feb 01, 2002

Current Sale Recording Date: Feb 01, 2002
Current Sale Price:

Premium
Current Sale Document Type: 71
Previous Sale Recording Date: Apr 03, 1998
Previous Sale Contract Date: Apr 02, 1998
Previous Sale Amount: $22,500
Previous Sale Document Type: 71

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About South Corban Avenue

Stats & Trends

Median Asking:

$265,000

Sale Price/ft²

$235

Below Asking

0.04%

Average Days on Market

Average Home Size

1400 ft²

Average Home Age

57.3 years

Currently For Sale

8 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 506 Cook Street, Concord, NC, 28025

$1,495 /mo

3 Beds
1 Bath

506 Cook Street, Concord, NC, 28025 Listing by Sam Cowles

Unit for rent at 14 Douglas Avenue, Concord, NC, 28025

$1,050 /mo

Studio
1 Bath
644 ft²

14 Douglas Avenue, Concord, NC, 28025 Listing by Beth Casper

Unit for rent at 52 Union Street S, Concord, NC, 28025

$1,595 /mo

1 Bed
1 Bath
587 ft²

52 Union Street S #205, Concord, NC, 28025 Listing by Julia Pacifico

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Judith Taboada Sierra, Jeff Cook Real Estate LPT Realty
Last Updated: 9 months ago
Data Source: CANOPYMLS, MLS# CAR4330948

Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

98 Ring Avenue SW

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About South Corban Avenue

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions