NOT LISTED FOR SALE

6601 Us Hwy 601 S Concord, NC 28025

Estimated Value: $841,000 - $1,218,408

69 Acres
$14,756 Price per Acre
3,005,640 Sq Ft Lot

Last Sold January 12, 2024

Last sale price $839,000

Est. 21% increase in value since last sale

Current estimated payment $6,249/month

232 Days on Market

About This Lot

As of January 2024

+/- 69 ACRES
$895,000 ($12,970/ACRE)
IDEAL RURAL HOMESITE OR
WELL AND SEPTIC DEVELOPMENT
(3 ACRE MINIMUM LOT SIZE)
14 MINUTES TO DOWNTOWN CONCORD
37 MINUTES TO UPTOWN CHARLOTTE

Excellent opportunity to purchase rural acreage near both Concord and Mt Pleasant. Only 20 minutes away from many large employers at International Business Park (FedEx, Celgard, Sysco, etc.) and The Grounds at Concord, where over $2 billion of industrial investment has recently been announced by Eli Lilly, Ball Corp, and others.
Some road and stormwater infrastructure has already been installed by owner.

Parcel IDs: 55479630640000 & 55478586710000

Last Agent to Sell the Property

Ryan Kinney, CCIM

New Branch Real Estate Advisor Brokerage Email: ryank@newbranchre.com License #295051 Listed on: 03/23/2023

Last Buyer's Agent

Kent Temple

Keller Williams Unified License #230093

Keller Williams Unified

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,318

Lot Details

  • Possible uses of the property include Agricultural, Development, Multi-Family, Pasture/Grazing, Private Estate, Residential, Timber
  • Property is zoned AO

Additional Features

  • Water Views
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 5547963064

Property Details

Property Type

Land

Est. Annual Taxes

$7,318

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: Yes
  • Restrictions: N/A
  • ResoPropertyType: Land
  • Geocode Confidence: Medium
  • Attribution Contact: ryank@newbranchre.com
  • Special Features: None

Interior Features

  • Possible Use: Agricultural, Development, Multi-Family, Pasture/Grazing, Private Estate, Residential, Timber

Exterior Features

  • View: Water
  • Water Body Name: Rocky River
  • Waterfront Features: Other - See Remarks

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Septic Installed
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: River Front
  • Lot Size Area: 69
  • Lot Size Units: Acres
  • Parcel Number: 5547963064
  • Zoning: AO
  • Can Be Subdivided: 0
  • Additional Parcels Description: 5547858671
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AO

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
Jan 12, 2024
Sold by
Greathorn Llc
Bought by
Bailey Patrick and Bailey Leigha
Seller's Agent
Ryan Kinney, CCIM
New Branch Real Estate Advisor
Buyer's Agent
Kent Temple
Keller Williams Unified
List Price
$995,000
Sold Price
$839,000
Premium/Discount to List
-$156,000
-15.68%
Views
365
Current Estimated Value
$1,018,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,136
Avg. Annual Appreciation
3.28%
Original Mortgage
$545,350
Outstanding Balance
$525,771
Interest Rate
1.01%
Mortgage Type
New Conventional
Estimated Equity
$355,405
Source: Public Records

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
Bailey Patrick $839,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Patrick $545,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $839,000 -6.3% --
09/20/2023 09/20/23 Price Changed $895,000 -10.1% --
03/23/2023 03/23/23 For Sale $995,000 -- --
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 $7,318 $1,098,840 $872,610 $226,230
2023 -- $574,830 $447,780 $127,050
Source: Public Records

Agents Affiliated with this Home

  • Ryan Kinney, CCIM

    Seller's Agent in 2024

    Ryan Kinney, CCIM

    New Branch Real Estate Advisor

    (704) 778-6100

    12 Total Sales

    Ryan Kinney, CCIM
    Section Image
  • Kent Temple

    Buyer's Agent in 2024

    Kent Temple

    Keller Williams Unified

    (704) 408-1802

    145 Total Sales

    Kent Temple
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4013653

Canopy MLS (Canopy Realtor® Association)

APN: 5547-96-3064-0000

North Carolina Cabarrus County Concord 28025

6601 Us Hwy 601 S, Concord, NC

This home is located at 6601 Us Hwy 601 S, Concord, NC 28025 since 23 March 2023 and is currently estimated at $1,018,136. 6601 Us Hwy 601 S is a home located in Cabarrus County with nearby schools including A.T. Allen Elementary School, C.C. Griffin Middle School, and Central Cabarrus High School.

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