$465,000
SOLD MAR 13, 2025

1041 Derita Rd Concord, NC 28027

2 Beds
2 Baths
1,475 Sq Ft
1.12 Acres

Recently Sold

$315 Per Sq Ft

28% Below List Price

268 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Shed
  • Cox Mill Elementary School Rated A
  • Laundry Room
  • 1-Story Property

About This Home

As of March 2025

LOCATION, LOCATION, LOCATION!!! This is an outstanding Industrial/Business property near Concord Regional Airport, I-85, Concord Mills, and Charlotte Motor Speedway. Property is currently zoned LDR, but can be rezoned Commercial. This property has county water, and county sewer is available. Nice size road frontage on Derita Road. The existing home on the property IS CURRENTLY LEASED/ ON MONTH TO MONTH. DO NOT DISTURB TENANT/BUYER SHOULD CONTACT CITY OF CONCORD WITH ZONING /LAND USE REQUIREMENTS AS TO BUYER'S PERSONAL USE OF PROPERTY. HIGH GROWTH AREA. Surrounding businesses are K1 Speed, Camp Bow Wow, Walmart Dist. Amazon, Twenty Six Acres Brewing... Incredible Investment opportunity for the savvy investor. Small parcels are hard to find in the booming location. This piece of land is not part of any of the Mistywood homes and has no HOA, and NO CCR's. Property is also listed under Commercial 4136312, and Lots Acres MLS #4136268.

Last Agent to Sell the Property

Tracy Rowland

Tracy Rowland Real Estate Inc. Brokerage Email: tracy@tracyrowlandhomes.com License #219230

Last Buyer's Agent

Vijay Vulli

Noble, LLC License #243831

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,834

Year Built

  • Built in 1981

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,475 Sq Ft Home
  • 1-Story Property
  • Great Room with Fireplace
  • City Views
  • Crawl Space
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • 6 Open Parking Spaces

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Shed
  • Property is zoned LDR

Listing and Financial Details

  • Assessor Parcel Number 4680-84-7780-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,834

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1981
  • Restrictions: Other - See Remarks
  • Restrictions Description: Property currently zoned LDR (Low Density Residential) Buyers would need to rezone to commercial with Cabarrus County and provide a site plan.
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 315.25
  • Geocode Confidence: High
  • Attribution Contact: tracy@tracyrowlandhomes.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Tile, Wood, Other - See Remarks
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1475
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Water Heater
  • Above Grade Finished Sq Ft: 1475
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Great Room
  • Living Area: 1475
  • Bedroom Main: 2
  • Room Count: 5

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: City
  • Construction Type: Brick Partial, Vinyl
  • Other Structures: Shed(s)

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Inside
  • Cooling: Central Air
  • Utilities: Cable Connected, Electricity Connected
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 1.12
  • Lot Size Units: Acres
  • Parcel Number: 4680-84-7780-0000
  • Zoning: LDR
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: LDR

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2025 03/13/25 Sold $465,000 -28.5% $315 / Sq Ft
05/14/2024 05/14/24 For Sale $650,000 -- $441 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,834 $288,870 $97,000 $191,870
2023 $1,176 $145,540 $57,750 $87,790
2022 $1,176 $145,540 $57,750 $87,790
2021 $1,176 $145,540 $57,750 $87,790
2020 $1,176 $145,540 $57,750 $87,790
2019 $899 $111,230 $33,600 $77,630
2018 $877 $111,230 $33,600 $77,630
2017 $854 $111,230 $33,600 $77,630
2016 $854 $109,840 $34,650 $75,190
2015 $814 $109,840 $34,650 $75,190
2014 $814 $109,840 $34,650 $75,190
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $307,500 New Conventional
Previous Owner $75,000 Credit Line Revolving
Previous Owner $53,652 Unknown
Previous Owner $105,300 Credit Line Revolving
Previous Owner $92,300 Credit Line Revolving
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $465,000 None Listed On Document
Warranty Deed $3,000 --
Source: Public Records

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4140527

Canopy MLS (Canopy Realtor® Association)

APN: 4680-84-7780-0000