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2981 Champion Lane SW
2981 Champion Lane SW
$292,619 (our value guesstimate)
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Concord, NC 28025 ▪  (MLS # 3685864)
Built: 1999  ▪   Primary on Main
3 bed  ▪  2 full bath  ▪  1,269 Sq Ft
Sold for $195,000 on Dec 08, 2020
2981 Champion Lane SW
$292,619 (our value guesstimate)
Concord, NC 28025 ▪  (MLS # 3685864)
Built: 1999  ▪   Primary on Main
3 bed  ▪  2 full bath  ▪  1,269 Sq Ft
Sold for $195,000 on Dec 08, 2020
SOLD DEC 8, 2020
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$195,000  (sales price)
3 bed  ▪  2 full bath  ▪  1,269 Sq Ft
2981 Champion Lane SW
Concord, NC 28025 (MLS # 3685864)
.13 acres  ▪   Built: 1999  ▪   Primary Bedroom on Main
Subdivision: Southern Chase
Concord, NC / 28025

Our Value Guesstimate (from Computer Algorithm): $292,619

Our computer algorithm has estimated that this home would be likely to sell in a range between $248,726 and $336,512.
Sale Details
Sales Price: $195,000
Closed: Dec 8, 2020 (1,206 days ago)
List Price: $190,000
Sold for: 103% of list price
Cumulative Days on Market: 1
Price/Sq Ft: $154
Remarks - 2981 Champion Lane SW
(from previous listing) Spacious 1 Story, Ranch home with many updates! Home features upgraded, wood laminate flooring throughout living room, kitchen, hall and baths, New Carpet in bedrooms. Eat-In kitchen with new granite countertops, freshly painted cabinets, new appliances and new fixtures. Walk in to open living area w/ vaulted ceiling, perfect for entertaining! Also features oversized bedrooms and fresh paint throughout whole home! Move right in and enjoy!! Per seller, architectural roof is only 4 years old
General Info - MLS # 3685864
Parking: Parking Space - 2
Year Built: 1999
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Concord / Cabarrus County
Lot Size: .13 acres
Area Schools
3/10
Rocky River Elementary School
Distance: 2.1 mi
9/10
J N Fries Magnet School
Distance: 0.6 mi
6/10
West Cabarrus High School
Distance: 4.0 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Southern Chase
Listing History
12/08/2020: MLS Sold for $195,000 (Canopy MLS)
Cumulative Days on Market: 1
More details

County Tax Data
2022 County Tax Assessment: $149,230
Next Cabarrus County Tax Assessment: 2024
2022 Property Taxes: $1,821

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

28025 ZIP Code Trends
28025 ZIP Code Trends

OUR RATING: MODERATELY COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28025 is the 38th most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28025 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

21
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 21 cumulative days on market in the 28025 area. Compare this with the Charlotte metro area median of 17 days on market.

24%
Of Recently Sold Homes
Over Asking Price
24% of previously owned 28025-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 28025.

49%
of Available Homes
Are Under Contract
49% of previously owned 28025-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28025 Area Metro Area
1-year + 4% + 3%
2-year +<1% + 2%
5-year +72% +66%
The price per square foot of 28025-area re-sale homes has increased by approximately 72% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $193 per square foot in 28025 over the past 90 days - as compared to $212 for the entire metro area.

21
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 21 cumulative days on market in the 28025 area. Compare this with the Charlotte metro area median of 17 days on market.

24%
Of Recently Sold Homes
Over Asking Price

24% of previously owned 28025-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 28025.

Price Per Square Foot Change
Period 28025
Area
Metro
Area
1-year + 4% + 3%
2-year +<1% + 2%
5-year +72% +66%

The price per square foot of 28025-area re-sale homes has increased by approximately 72% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $193 per square foot in 28025 over the past 90 days - as compared to $212 for the entire metro area.

49%
of Available Homes
Are Under Contract

49% of previously owned 28025-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.



Our Value Guesstimate: $292,619

Our computer algorithm has estimated that this home would be likely to sell in a range between $248,726 and $336,512.


Sale Details
Sales Price: $195,000
Closed: Dec 8, 2020 (1,206 days ago)
List Price: $190,000
Sold for: 103% of list price
Cumulative Days on Market: 1
Price/Sq Ft: $154
Remarks
(from previous listing) Spacious 1 Story, Ranch home with many updates! Home features upgraded, wood laminate flooring throughout living room, kitchen, hall and baths, New Carpet in bedrooms. Eat-In kitchen with new granite countertops, freshly painted cabinets, new appliances and new fixtures. Walk in to open living ar ...
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General Info - MLS 3685864
Parking: Parking Space - 2
Year Built: 1999
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Concord / Cabarrus County
Lot Size: .13 acres

Neighborhood Info
Subdivision: Southern Chase
Listing History
12/08/2020: MLS Sold for $195,000 (Canopy MLS)
Cumulative Days on Market: 1
More details

Area Schools
3/10
Rocky River Elementary School
Distance: 2.1 mi
9/10
J N Fries Magnet School
Distance: 0.6 mi
6/10
West Cabarrus High School
Distance: 4.0 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.