628 Palmer Ave SW, Concord, NC, 28027

$135,000

Home List Price

$1,603*

Closing Credit

3 Bedrooms
2 Full Baths
1,350 SqFt
$100/SqFt
Multi
Schools Nearby

Location

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628 Palmer Ave SW, Concord$135,000

Buyer Closing Credits

$1,603*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway
Year Built1992
HeatingCentral, Electric, Heat Pump
CoolingCentral Air, Electric, Heat Pump
MLS #4131585
StatusAccepting Backup Offers
(Active Under Contract)

About 628 Palmer Ave SW

Handyman / investor special for this duplex with convenient Concord location. This is 628 and 630 Palmer Ave SW. 628 is a vacant, 1BR/1BA unit; and 630 is an occupied 2BR/1BA unit. 628 (right side of duplex) is available to show; do not disturb tenant in unit 630. HVAC for 630 replaced this year, HVAC needed for 628. Preference to sell with adjoining listings (MLS#4131574 - 121 Brown St SW; and MLS#4131580 - 620 Palmer Ave SW). Signficiant repairs/renovations needed for these listings but great opportunity and investment potential.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1992
  • Living Area: 1,350 SqFt

Listing Office:

  • Office Name: Real Broker, LLC

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Driveway

Utilities

Utilities Information:

  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air, Electric, Heat Pump

School Info

Assigned Schools Information:

  • Jay M. Robinson High School, Public District Grades 9-12
  • Harold E. Winkler Middle School, Public District Grades 6-8
  • Wolf Meadow Elementary School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $135,000
  • Price Per SqFt: $100/SqFt
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Housing Market Comparison

See how this home compares to others in Concord, NC.

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Concord, NC

City

Med. Sold Price

$374.4K

Med. Price/SqFt

$200

Avg. Days On Market

28

# of Sold Homes

115

628 Palmer Ave SW vs Concord

11 DAYS ON ROCKET

-17 Days

$135,000

-$239.4K Less

$100/SqFt

-$101 Less

KEY TAKEAWAY

This property is $239.4K less than the Median Sold Price and $101/SqFt less than other homes in Concord, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4131585

Listing Office:

  • Office Name: Real Broker, LLC

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 5:21:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$741

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$471

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5487018
5
/10

  • Wolf Meadow Elementary School

  • 150 Wolfmeadow Dr SW

  • 2.00 miles

  • Public District Grades KG-5

Middle School

school-card-donut-5487019
7
/10

  • Harold E. Winkler Middle School

  • 4501 Weddington Rd NW

  • 3.10 miles

  • Public District Grades 6-8

High School

school-card-donut-5487020
5
/10

  • Jay M. Robinson High School

  • 300 Pitts School Rd SW

  • 4.17 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,091. The most common annual income of people living in Concord, NC is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›North Carolina›Cabarrus County›Concord›28027›628 Palmer Ave SW

This home is located at 628 Palmer Ave SW in Concord, NC and zip code 28027. This 1,350 square foot home was built in 1992. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $135,000.

While more than 38 listings in Concord, NC in April 2024 were sold above asking price, there were more than 26 listings sold at asking price, and more than 51 were sold below. The inventory of homes for sale in Concord, NC between March 2024 and April 2024 increased by 12%. While the average time on the market in April 2024 was 28 days, the median list price was $374,495.

From Rocket Homes Real Estate and based on county public records data.

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