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Terra Vista Realty
556 Railroad Drive NW
556 Railroad Drive NW  
Appraised for: $51,260 (last county appraisal)
Concord, NC 28025
Built: 1906
2 bed  ▪  1 full bath  ▪  1,130 Heated Sq Ft
556 Railroad Drive NW
Appraised for: $51,260 (last county appraisal)
Concord, NC 28025
1,130 Heated Sq Ft
2 bed  ▪  1 full bath  ▪  1,130 Heated Sq Ft
Built: 1906

Concord, NC / 28025
 
   1,130 Heated Sq Ft
  Built: 1906
  Lot size: 1 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 an estimate on your home's value from one of our experienced agents

Remarks - 556 Railroad Drive NW  
You are viewing details on 556 Railroad Drive NW in Concord, NC. This 1.0-story, single-family home was built in 1906 and is not on the market right now. According to Cabarrus County records, the property has approximately 1,130 square feet of heated living area and includes 2 bedrooms and 1 full bath. Neighborhoods nearby include Wil-mar Park, Sherwood Hills, and Red Hill.
Area Schools
7/10
Weddington Hills Elementary School
Distance: 3.9 mi
2/10
Concord Middle School
Distance: 2.9 mi
3/10
Concord High School
Distance: 1.6 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
County Property Assessment
2022 County Tax Assessment: $51,260
Next Cabarrus County Tax Assessment: 2024
2022 Property Taxes: $625

County Appraisal & Ownership Records
County Tax Bills

28025 ZIP Code Trends
10%
Price Per Sq Ft
Annual Increase
18
Median Days
Until Pending
23%
Of Recently Sold Homes
Over Asking Price
10%
Price Per Sq Ft Annual Increase
18
Median Days Until Pending
23%
Of Recently Sold Homes
Over Asking Price

In the 28025 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 10% to $195 (comparing prices for the same 90-day period last year).
  • Days Until Pending: Homes (that actually sold) went under contract after a median of 18 cumulative days on market.
  • Percentage Selling Over Asking: 23% of homes sold above the asking price. See examples of sold homes selling over asking.


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 39th 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:

20
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 20 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.

47%
of Available Homes
Are Under Contract
47% of previously owned 28025-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28025 Area Metro Area
1-year + 4% + 2%
2-year +<1% + 2%
5-year +71% +66%
The price per square foot of 28025-area re-sale homes has increased by approximately 71% 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.

25%
Of Recently Sold Homes
Over Asking Price

25% 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% + 2%
2-year +<1% + 2%
5-year +71% +66%

The price per square foot of 28025-area re-sale homes has increased by approximately 71% 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.

48%
of Available Homes
Are Under Contract

48% of previously owned 28025-area homes are under contract – compared with 48% 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 an estimate on your home's value from one of our experienced agents


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Neighboring Homes 
544 Railroad Drive NW
Concord, NC

1,252 SqFt ▪ 2 Bed ▪ 1 Bath
266 Cannon Avenue NW
Concord, NC

5,095 SqFt ▪ 0 Bed ▪ 0 Bath
536 Railroad Drive NW
Concord, NC

1,520 SqFt ▪ 4 Bed ▪ 2 Bath
537 Harris Street NW
Concord, NC

2,230 SqFt ▪ 5 Bed ▪ 3 Bath
533 Harris Street NW
Concord, NC

1,688 SqFt ▪ 4 Bed ▪ 3 Bath
528 Railroad Drive NW
Concord, NC

952 SqFt ▪ 2 Bed ▪ 1 Bath
529 Harris Street NW
Concord, NC

1,688 SqFt ▪ 4 Bed ▪ 3 Bath
543 Harris Street NW
Concord, NC

1,472 SqFt ▪ 3 Bed ▪ 2 Bath
521 Harris Street NW
Concord, NC

1,120 SqFt ▪ 2 Bed ▪ 1 Bath
555 Harris Street NW
Concord, NC

1,417 SqFt ▪ 3 Bed ▪ 2 Bath
524 Railroad Drive NW
Concord, NC

1,194 SqFt ▪ 2 Bed ▪ 1 Bath
607 Bruton Drive NW
Concord, NC

1,270 SqFt ▪ 3 Bed ▪ 2 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 03/29/2024. 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.