NOT LISTED FOR SALE

4940 Weddington Rd NW Concord, NC 28027

Estimated Value: $741,000 - $1,169,761

3.26 Acres
$301,745 Price per Acre
142,006 Sq Ft Lot

Last Sold September 03, 2021

Last sale price $675,000 $405 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $6,130/month

17 Days on Market

About This Lot

As of September 2021

Great corner parcel in a rapidly developing area. Located at the signalized intersection of George Liles Parkway and Weddington Road, directly across the street from a Publix shopping center. Currently Zoned MX-NC (mixed use - neighborhood center) with potential to be rezoned commercial. There are 8 rented mobile home lots ($400/month each) and 1 rented single family home ($1800/month) currently on this property.

Last Listed By

Glen Tucker

RE/MAX Leading Edge License #220989 Listed on: 07/23/2021

RE/MAX Leading Edge

Property Details

Property Type

  • Land

Year Built

  • 1900

Lot Details

Additional Features

  • Corner Lot
  • Outbuilding

Listing and Financial Details

  • Assessor Parcel Number 5600-54-3120-0000

Property Details

Property Type

Land

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Commercial
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 207055.21
  • Restrictions: No Restrictions
  • Habitable Residence Yn: Yes
  • Special Features: None
  • Year Built: 1900

Exterior Features

  • Construction Type: Site Built
  • Exterior Features: Outbuilding
  • Cleared Acres: 3.26

Utilities

  • Sewer: City Sewer
  • Water: City Water

Schools

  • Elementary School: Weddington Hills
  • Middle School: Harold E Winkler
  • High School: West Cabarrus

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 3.260
  • Parcel Number: 5600-54-3120-0000
  • Zoning Specification: MX-NC
  • Out Buildings Yn: Yes

Tax Info

  • Tax Value: 460670.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Sep 3, 2021
Sold by
Troutman Enterprises Of Concord Inc
Bought by
Pham Dang Llc
Seller's Agent
Glen Tucker
RE/MAX Leading Edge
Buyer's Agent
Ben DeBurle
Allen Tate Concord
List Price
$675,000
Sold Price
$675,000
Total Days on Market
17
Current Estimated Value
$983,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,690
Avg. Annual Appreciation
10.90%

Purchase Details

Closed on
Oct 25, 2018
Sold by
Morrison John Dwight
Bought by
Jdm Weddington Llc

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pham Dang Llc $675,000 None Available
Jdm Weddington Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2024 04/27/24 For Sale $1,499,000 +122.1% --
09/03/2021 09/03/21 Sold $675,000 0.0% $405 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $675,000 -- $405 / 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 $7,684 $771,460 $370,490 $400,970
2023 $5,620 $460,670 $333,440 $127,230
2022 $5,620 $460,670 $333,440 $127,230
2021 $5,620 $460,670 $333,440 $127,230
2020 $5,620 $460,670 $333,440 $127,230
2019 $5,540 $454,130 $333,440 $120,690
2018 $5,450 $454,130 $333,440 $120,690
2017 $5,359 $454,130 $333,440 $120,690
2016 $3,179 $314,280 $200,060 $114,220
2015 $3,709 $314,280 $200,060 $114,220
2014 $3,709 $314,280 $200,060 $114,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3765921

Canopy MLS (Canopy Realtor® Association)

APN: 5600-54-3120-0000