$240,000
SOLD MAR 11, 2025

1948 Cold Springs Rd Concord, NC 28025

2 Beds
1 Bath
1,228 Sq Ft
4.95 Acres

Recently Sold

$195 Per Sq Ft

40% Below List Price

275 Days on Market

Highlights

  • Wooded Lot
  • Laundry Room
  • 1-Story Property
  • Detached Garage
  • Shed
  • Forced Air Heating and Cooling System

About This Home

As of March 2025

PRIME LOCATION ~ Here is your chance to own 4.95 +/- acres that is in a prime location near the Cabarrus Arena & Events Center in Concord. It is located just off of Highway 49, near the intersection of Cold Springs Road. There is a 1925 farm house located on the property, along with a 24x40 detached garage/workshop that has power and is on a separate meter, a 15x36 lean to and and two additional storage sheds that are 20x15 and 24x25. The zoning is currently RL. The future land use plan has C1 and C2 listed. The possibilities could be endless. Listing agent and seller accompanied showings only. The oil furnace is not currently working and the oil tank has been removed. PLEASE DO NOT DISTURB TENANT. Property is being sold "AS-IS". The sellers will not be making any repairs.

Last Agent to Sell the Property

Nicole Redmond

G2 Real Estate Brokerage Email: nickyredmond2@gmail.com License #302407

Last Buyer's Agent

Jessica Rodriguez

COMPASS License #311350

COMPASS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,013

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 47x99x279x217x92x244x140x157x176x289x113x129x354
  • Level Lot
  • Wooded Lot
  • Property is zoned RL

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,228 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Electric Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Parking

  • Detached Garage
  • Driveway

Outdoor Features

  • Shed

Schools

  • W.M. Irvin Elementary School
  • Mount Pleasant Middle School
  • Mount Pleasant High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 5650-40-1292-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,013

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1925
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Dirt, Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 195.44
  • Geocode Confidence: High
  • Attribution Contact: nickyredmond2@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Pillar/Post/Pier
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1228
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Range
  • Above Grade Finished Sq Ft: 1228
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1228
  • Bedroom Main: 2
  • Room Count: 5

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Construction Type: Wood
  • Other Structures: Shed(s)

Garage/Parking

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

Utilities

  • Heating: Central, Forced Air, Oil, Wood Stove
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, In Kitchen, Washer Hookup
  • Cooling: Central Air
  • Utilities: Electricity Connected
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Mount Pleasant
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Wooded
  • Lot Size Area: 4.957
  • Lot Size Units: Acres
  • Parcel Number: 5650-40-1292-0000
  • Horse Amenities: None
  • Lot Size: 47x99x279x217x92x244x140x157x176x289x113x129x354
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RL

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: W.M. Irvin
  • High School: Mount Pleasant

Map

Range of Values:

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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
03/11/2025 03/11/25 Sold $240,000 -12.7% $195 / Sq Ft
01/17/2025 01/17/25 Price Changed $275,000 -1.8% $224 / Sq Ft
01/04/2025 01/04/25 Price Changed $280,000 -12.5% $228 / Sq Ft
12/05/2024 12/05/24 Price Changed $320,000 -5.9% $261 / Sq Ft
10/01/2024 10/01/24 Price Changed $340,000 -2.9% $277 / Sq Ft
08/08/2024 08/08/24 Price Changed $350,000 -5.4% $285 / Sq Ft
07/14/2024 07/14/24 Price Changed $370,000 -1.3% $301 / Sq Ft
05/21/2024 05/21/24 Price Changed $375,000 -6.3% $305 / Sq Ft
04/23/2024 04/23/24 For Sale $400,000 -63.6% $326 / Sq Ft
04/26/2019 04/26/19 Sold $1,100,000 +10.1% $352 / Sq Ft
12/27/2017 12/27/17 Pending -- -- --
12/27/2017 12/27/17 For Sale $999,500 -- $320 / 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
2022 $3,013 $247,000 $174,740 $72,260
2021 $3,013 $247,000 $174,740 $72,260
2020 $3,013 $247,000 $174,740 $72,260
2019 $2,856 $94,780 $31,870 $62,910
2018 $733 $94,780 $31,870 $62,910
2017 $733 $96,400 $33,490 $62,910
2016 -- $94,370 $33,570 $60,800
2015 -- $94,370 $33,570 $60,800
2014 -- $94,370 $33,570 $60,800
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $750,000 Purchase Money Mortgage
Previous Owner $240,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $232,000 Unknown
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $1,100,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4130786

Canopy MLS (Canopy Realtor® Association)

APN: 5650-40-2057-0000