$120,000
SOLD JUL 11, 2025

124 Powder St SW Concord, NC 28025

2 Beds
1 Bath
982 Sq Ft
0.25 Acres

Recently Sold

$122 Per Sq Ft

9% Above List Price

9 Days on Market

About This Home

As of July 2025

Perfect investment property or addition to a rental portfolio. Property is being sold "as is, where is." Seller will make no repairs or concessions. 2 bed, 1 bath property in a booming area of Concord. Good size bedrooms, large kitchen with eat in area. Tenant lease in place until 2/2026. Please do not disturb tenant. Agent accompanied showings allowed beginning 6/24 from 10am - 2pm, Monday thru Friday only. Please do not ask for a window outside of this. Current rent is $725/month.

Last Agent to Sell the Property

Jason Adams

Southland, Realtors LLC Brokerage Email: jgadams72@gmail.com License #280383 Listed on: 06/21/2025

Last Buyer's Agent

Omar Zarate

Lifestyle International Realty License #322967

Lifestyle International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,299

Year Built

  • Built in 1940

Lot Details

  • Property is zoned RC

Parking

  • Driveway

Interior Spaces

  • 982 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • <<OvenToken>>

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • R Brown Mcallister Elementary School
  • Concord Middle School
  • Concord High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Underwood Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5620-74-1376-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,299

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1940
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • Ratio CurrentPrice/TotalPropertyHLA: 122.20
  • Geocode Confidence: High
  • Attribution Contact: jgadams72@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 982
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Oven
  • Above Grade Finished Sq Ft: 982
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 982
  • Bedroom Main: 2
  • Room Count: 5

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Aluminum

Garage/Parking

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

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Utility Room
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Area: 0.25
  • Lot Size Units: Acres
  • Parcel Number: 5620-74-1376-0000
  • Zoning: RC
  • Lot Size: Per Tax Card
  • Additional Parcels: No
  • Zoning Specification: RC

MLS Schools

  • Elementary School: R Brown McAllister
  • High School: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2007
Sold by
Hinman Marc and Hinman Mary
Bought by
Jones Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,875
Outstanding Balance
$31,863
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$135,208

Purchase Details

Closed on
Dec 8, 2006
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hinman Marc and Hinman Mary

Purchase Details

Closed on
Nov 27, 2006
Sold by
Residential Funding Corp
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 6, 2006
Sold by
Garner Todd W and Garner Cindy P
Bought by
Residential Funding Corp
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $52,500 None Available
Special Warranty Deed -- Chicago Title Insurance Co
Quit Claim Deed -- None Available
Trustee Deed $40,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $49,875 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Sold $120,000 +9.1% $122 / Sq Ft
06/30/2025 06/30/25 Pending -- -- --
06/21/2025 06/21/25 For Sale $110,000 -- $112 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

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 $1,299 $130,470 $44,000 $86,470
2023 $615 $50,450 $9,900 $40,550
2022 $615 $50,450 $9,900 $40,550
2021 $615 $50,450 $9,900 $40,550
2020 $615 $50,450 $9,900 $40,550
2019 $473 $38,740 $7,150 $31,590
2018 $465 $38,740 $7,150 $31,590
2017 $457 $38,740 $7,150 $31,590
2016 $271 $41,900 $7,150 $34,750
2015 $494 $41,900 $7,150 $34,750
2014 $494 $41,900 $7,150 $34,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4273430

Canopy MLS (Canopy Realtor® Association)

APN: 5620-74-1376-0000