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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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520 Central Dr NW , Concord, NC 28027
$1,000,000
Est. Payment: $2,222.22/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 537
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House Description

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.

Highlights

Listed by Grainger Gilbert , 704-999-4662 Fathom Realty NC LLC , 888-455-6040.

Property Type

Vacant Land

Lot/Acreage
1.64

County

Cabarrus

Listing ID

4214134

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:City

Exterior Features

Lot:Corner Lot
Zoning:RC
Sewer:Public Sewer
Principal Interest
$2,222
Taxes
$638

Home Price

$1,000,000

Loan Details

30 yrs
%

Down Payment

20%
$200,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,222.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,222.22 $637.50 $0.00 $2,859.72
Yearly $26,666.67 $7,650.00 $0.00 $34,316.67
Total $800,000.00 $229,500.00 $0.00 $1,029,500.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Concord, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.