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Terra Vista Realty
540 Old Charlotte Road SW
540 Old Charlotte Road SW  
$356,213 (our value guesstimate)
Concord, NC 28027
Built: 2020
3 bed  ▪  2 full bath  ▪  1,369 Heated Sq Ft
Appraised for: $203,550 (last county appraisal)
540 Old Charlotte Road SW
$356,213 (our value guesstimate)
Concord, NC 28027
Built: 2020  ▪  1,369 Heated Sq Ft
3 bed  ▪  2 full bath  ▪  1,369 Heated Sq Ft
Appraised for: $203,550 (last county appraisal)

Concord, NC / 28027
 
Our Value Guesstimate (from Computer Algorithm): $356,213

Our computer algorithm has estimated that this home would be likely to sell in a range between $302,781 and $409,645.


   1,369 Heated Sq Ft
  Built: 2020
  Lot size: .88 acres

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

Remarks - 540 Old Charlotte Road SW  
You are viewing details on 540 Old Charlotte Road SW in Concord, NC. This 1.0-story, single-family home was built in 2020 and is not on the market right now. According to Cabarrus County records, the property has approximately 1,369 square feet of heated living area and includes 3 bedrooms and 2 full baths. Neighborhoods nearby include Oakdale, Historic District, and Hillcrest.
Area Schools
1/10
Wolf Meadow Elementary School
Distance: 2.4 mi
5/10
Roberta Road Middle School
Distance: 5685.3 mi
6/10
West Cabarrus High School
Distance: 3.2 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
County Property Assessment
2022 County Tax Assessment: $203,550
Next Cabarrus County Tax Assessment: 2024
2022 Property Taxes: $2,483

County Appraisal & Ownership Records
County Tax Bills

28027 ZIP Code Trends
11%
Price Per Sq Ft
Annual Increase
14
Median Days
Until Pending
26%
Of Recently Sold Homes
Over Asking Price
11%
Price Per Sq Ft Annual Increase
14
Median Days Until Pending
26%
Of Recently Sold Homes
Over Asking Price

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

  • Median Price Per Sq Ft: The median price per square foot has increased annually by 11% to $202 (comparing prices for the same 90-day period last year).
  • Days Until Pending: Homes (that actually sold) went under contract after a median of 14 cumulative days on market.
  • Percentage Selling Over Asking: 26% of homes sold above the asking price. See examples of sold homes selling over asking.


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.


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.

Are You the Owner?

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


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Neighboring Homes 
539 Old Charlotte Road SW
Concord, NC

970 SqFt ▪ 2 Bed ▪ 1 Bath
543 Old Charlotte Road SW
Concord, NC

1,252 SqFt ▪ 2 Bed ▪ 1 Bath
534 Old Charlotte Road SW
Concord, NC

1,097 SqFt ▪ 2 Bed ▪ 2 Bath
533 Old Charlotte Road SW
Concord, NC

1,107 SqFt ▪ 3 Bed ▪ 2 Bath
526 Whitmire Lane SW
Concord, NC

1,008 SqFt ▪ 3 Bed ▪ 1 Bath
550 Old Charlotte Road SW
Concord, NC

804 SqFt ▪ 3 Bed ▪ 1 Bath
551 Old Charlotte Road SW
Concord, NC

1,824 SqFt ▪ 3 Bed ▪ 1 Bath
244 Lawings Drive SW
Concord, NC

940 SqFt ▪ 2 Bed ▪ 1 Bath
528 Whitmire Lane SW
Concord, NC

1,150 SqFt ▪ 3 Bed ▪ 1 Bath
554 Old Charlotte Road SW
Concord, NC

1,104 SqFt ▪ 3 Bed ▪ 1 Bath
232 Lawings Drive SW
Concord, NC

1,248 SqFt ▪ 3 Bed ▪ 2 Bath
512 Old Charlotte Road SW
Concord, NC

1,080 SqFt ▪ 3 Bed ▪ 1 Bath


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.