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1503 Cambridge Heights Place
1503 Cambridge Heights Place
$309,109 (our value guesstimate)
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Concord, NC 28027 ▪  (MLS # 3637581)
Built: 1997  ▪   Primary on Main
3 bed  ▪  2 full bath  ▪  1,234 Sq Ft
Sold for $199,000 on Aug 18, 2020
1503 Cambridge Heights Place
$309,109 (our value guesstimate)
Concord, NC 28027 ▪  (MLS # 3637581)
Built: 1997  ▪   Primary on Main
3 bed  ▪  2 full bath  ▪  1,234 Sq Ft
Sold for $199,000 on Aug 18, 2020
SOLD AUG 18, 2020
1 of 12 
SOLD AUG 18, 2020
1 of 12 
SOLD AUG 18, 2020
1 of 12 
SOLD AUG 18, 2020
1 of 12 
SOLD AUG 18, 2020
1 of 12 
SOLD AUG 18, 2020
1 of 12 
SOLD AUG 18, 2020
1 of 12 
SOLD AUG 18, 2020
1 of 12 
SOLD AUG 18, 2020
1 of 12 
SOLD AUG 18, 2020
1 of 12 
SOLD AUG 18, 2020
1 of 12 
SOLD AUG 18, 2020
1 of 12 
 
$199,000  (sales price)
3 bed  ▪  2 full bath  ▪  1,234 Sq Ft
1503 Cambridge Heights Place
Concord, NC 28027 (MLS # 3637581)
.13 acres  ▪   Built: 1997  ▪   Primary Bedroom on Main
Subdivision: Cambridge Commons
Concord, NC / 28027

Our Value Guesstimate (from Computer Algorithm): $309,109

Our computer algorithm has estimated that this home would be likely to sell in a range between $262,743 and $355,475.
Sale Details
Sales Price: $199,000
Closed: Aug 18, 2020 (1,318 days ago)
List Price: $199,900
Sold for: 100% of list price
Cumulative Days on Market: 5
Price/Sq Ft: $161
Remarks - 1503 Cambridge Heights Place
(from previous listing) Great starter home. This home is nestled near popular shopping, restaurants, Highway 85, and the International Business Park. The home features 3 bedrooms, 2 full baths, open concept living room and kitchen. It's a lovely space with spacious secondary bedrooms.
General Info - MLS # 3637581
Parking: Parking Space - 2
Year Built: 1997
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Concord / Cabarrus County
Lot Size: .13 acres
Area Schools
Charles E Boger
7/10
Northwest Cabarrus Middle School
Distance: 1.6 mi
9/10
Northwest Cabarrus High School
Distance: 1.5 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Cambridge Commons
Listing History
08/18/2020: MLS Sold for $199,000 (Canopy MLS)
Cumulative Days on Market: 5
More details

07/30/2018: MLS # 3411797 sold for $150,000 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 7
County Tax Data
2022 County Tax Assessment: $177,730
Next Cabarrus County Tax Assessment: 2024
2022 Property Taxes: $2,168

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


  More Home Details
  Map / Satellite View

28027 ZIP Code Trends
28027 ZIP Code Trends

OUR RATING: VERY COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28027 is the 21st most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28027 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

15
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 15 cumulative days on market in the 28027 area. Compare this with the Charlotte metro area median of 17 days on market.

27%
Of Recently Sold Homes
Over Asking Price
27% of previously owned 28027-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28027.

46%
of Available Homes
Are Under Contract
46% of previously owned 28027-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28027 Area Metro Area
1-year + 2% + 3%
2-year - 1% + 2%
5-year +65% +66%
The price per square foot of 28027-area re-sale homes has increased by approximately 65% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $198 per square foot in 28027 over the past 90 days - as compared to $212 for the entire metro area.

15
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 15 cumulative days on market in the 28027 area. Compare this with the Charlotte metro area median of 17 days on market.

26%
Of Recently Sold Homes
Over Asking Price

26% of previously owned 28027-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28027.

Price Per Square Foot Change
Period 28027
Area
Metro
Area
1-year + 2% + 3%
2-year - 1% + 2%
5-year +65% +66%

The price per square foot of 28027-area re-sale homes has increased by approximately 65% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $198 per square foot in 28027 over the past 90 days - as compared to $212 for the entire metro area.

46%
of Available Homes
Are Under Contract

46% of previously owned 28027-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.



Our Value Guesstimate: $309,109

Our computer algorithm has estimated that this home would be likely to sell in a range between $262,743 and $355,475.


Sale Details
Sales Price: $199,000
Closed: Aug 18, 2020 (1,318 days ago)
List Price: $199,900
Sold for: 100% of list price
Cumulative Days on Market: 5
Price/Sq Ft: $161
Remarks
(from previous listing) Great starter home. This home is nestled near popular shopping, restaurants, Highway 85, and the International Business Park. The home features 3 bedrooms, 2 full baths, open concept living room and kitchen. It's a lovely space with spacious secondary bedrooms.
General Info - MLS 3637581
Parking: Parking Space - 2
Year Built: 1997
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Concord / Cabarrus County
Lot Size: .13 acres

Neighborhood Info
Subdivision: Cambridge Commons
Listing History
08/18/2020: MLS Sold for $199,000 (Canopy MLS)
Cumulative Days on Market: 5
More details


07/30/2018: MLS # 3411797 sold for $150,000 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 7
Area Schools
Charles E Boger
7/10
Northwest Cabarrus Middle School
Distance: 1.6 mi
9/10
Northwest Cabarrus High School
Distance: 1.5 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.


  More Home Details
  Map / Satellite View

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


 



1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents




1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.



CDS Data Share Based on information submitted to the MLS GRID as of 03/28/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2024 Canopy Multiple Listing Services, Inc. All rights reserved.