520 Central Dr NW Concord, NC 28027
Estimated payment $5,753/month
About This Lot
Recently inherited home sitting on approximately 1.64 acres. Currently zoned RC which allows up to 15 units per acre (per phone conversations with City of Concord). Property is being marketed as a development opportunity, either a multi family development or as single family lots. All development plans are subject to City of Concord approval, and any multifamily or single family lot permission needs to be approved through City of Concord. Currently the City of Concord is experiencing limited sewer capacity and any future development will need to go through the sewer allocation process before site approval.
Property has an existing house sold as/is and is considered a tear down. Seller has answered to the best of their knowledge the Residential Property Disclosure, however their knowledge of the home details are limited since the original owner has passed.
Listing Agent
Fathom Realty NC LLC Brokerage Email: graingergilbertrealty@gmail.com License #197503
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,184
Year Built
- 1900
Lot Details
- Corner Lot
- Possible uses of the property include Development, Multi-Family, Residential
- Property is zoned RC
Listing and Financial Details
- Assessor Parcel Number 5620-19-1983-0000
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,184 | $219,300 | $101,250 | $118,050 |
| 2023 | $788 | $129,210 | $54,090 | $75,120 |
| 2022 | $788 | $129,210 | $54,090 | $75,120 |
| 2021 | $788 | $129,210 | $54,090 | $75,120 |
| 2020 | $788 | $129,210 | $54,090 | $75,120 |
| 2019 | $725 | $118,840 | $54,090 | $64,750 |
| 2018 | $713 | $118,840 | $54,090 | $64,750 |
| 2017 | $701 | $118,840 | $54,090 | $64,750 |
| 2016 | $416 | $144,530 | $76,370 | $68,160 |
| 2015 | $853 | $144,530 | $76,370 | $68,160 |
| 2014 | $853 | $144,530 | $76,370 | $68,160 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/05/2025 02/05/25 | For Sale | $1,000,000 | -- | -- |
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4214134
APN: 5620-19-1983-0000
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