632 Lorain Ave NW, Concord, NC, 28027

$535,000

Home List Price

$6,353*

Closing Credit

5 Bedrooms
3 Full Baths
2,911 SqFt
$184/SqFt
House

Location

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632 Lorain Ave NW, Concord$535,000

Buyer Closing Credits

$6,353*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage
Attached GarageYes
Year Built2006
HeatingCentral
CoolingCentral Air, Dual
BasementYes
FireplaceLiving Room
MLS #4151232
StatusAccepting Backup Offers
(Active Under Contract)

About 632 Lorain Ave NW

Multiple offers received. Zoned for highly sought after Cox Mill Schools area. Beautiful two story home with front brick and stone exterior in the popular winding walk neighborhood. Main level features 2-story foyer, Formal living, a guest bedroom with full bath, large kitchen with huge island, upgraded cabinets, - SS appliances, dining area, Sun-room , family room with raised ceiling.Second floor has a huge Bonus/bed that is perfect for entertainment. 2 secondary bedrooms are of great size. Large primary bedroom with walk in closet, dual vanity and separate tub and walk-in shower. Has a Fenced backyard and large patio. Community features a spacious clubhouse allows for personal parties & fun entertainment, large resort style pool, lazy river & splash area for kids, playgrounds throughout, pickle ball, tennis, and basketball courts as well as beautiful wooded walking trails & creek. Close proximity to 85/485, Concord Mills, shopping and dining. Book your private tour today.

Property Details

Property Features

Property Information:

  • Year Built: 2006
  • Living Area: 2,911 SqFt

Listing Office:

  • Office Name: ERA Live Moore
  • Office Email: homeswithdeepthi@gmail.com

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
  • Basement: Yes
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached Garage

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Dual

Price Information

Listing Price Info

Price Summary:

  • List Price: $535,000
  • Price Per SqFt: $184/SqFt

HOA Fees:

  • Amount: $260
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $4,164
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$380.1K

Med. Price/SqFt

$206

Avg. Days On Market

46

# of Sold Homes

109

632 Lorain Ave NW vs Concord

153 DAYS ON ROCKET

+107 Days

$535,000

+$154.8K More

$184/SqFt

-$23 Less

KEY TAKEAWAY

This property is $154.8K more than the Median Sold Price and $23/SqFt less than other homes in Concord, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4151232

Listing Office:

  • Office Name: ERA Live Moore
  • Office Email: homeswithdeepthi@gmail.com

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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: 11/15/2024, 8:21:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 04, 2007Home Sold
$308,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,164$341,280
2020$4,163$341,280
2019$3,457$288,120
2018$3,400$288,120
2017$2,017$288,120

History based on county public records data.

Payment Calculator

$2,824

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,670

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.

Nearby Schools

school-card-donut-441463
9
/10
  • Cox Mill Elementary School

  • 1450 Cox Mill Rd

  • 1.16 miles

  • Public Magnet Grades KG-5

school-card-donut-441464
8
/10
  • Highland Creek Elementary School

  • 7242 Highland Creek Pkwy

  • 1.88 miles

  • Public District Grades KG-5

school-card-donut-441465
9
/10
  • W. R. Odell Elementary School

  • 1885 Odell School Rd

  • 2.73 miles

  • Public District Grades 3-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $127,223. The majority of Concord, NC residents have income between $100k-200k annually. Most families are married, with kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Concord, NC

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Concord, NC.

The housing landscape in Concord, North Carolina, is characterized by a mix of single-family homes, apartments, and townhouses, with single-family homes being the most prevalent. The architectural styles in Concord are diverse, with a blend of modern, traditional, and colonial influences. A significant portion of the housing stock was developed from the 1980s to the early 2000s, reflecting a period of growth for the city. The homeownership rate in Concord is robust, with a majority of residents owning their homes, while a smaller percentage are renters.

What is it like to live in Concord, NC?

Concord prides itself on a family-friendly atmosphere and a strong sense of community. The city is celebrated for its historic downtown area, which hosts a variety of events and festivals throughout the year that reflect the local culture and community spirit. These gatherings, along with the city's parks and recreational facilities, contribute to Concord's inviting and cohesive character.

Is it easy to get around Concord, NC without a car?

Concord offers a comprehensive array of services to its residents. The educational system includes numerous public schools at the elementary, middle, and high school levels, as well as private educational institutions, providing a range of options for families. Healthcare is well-supported with several hospitals and clinics offering a spectrum of services from primary care to specialized treatments. The city also maintains a public library system and boasts a variety of retail and dining options that cater to the tastes and needs of the community. City initiatives are in place to continually improve these services in line with demographic trends.

Transportation in Concord, NC.

Transportation in Concord includes a network of roads and highways that connect residents to the greater Charlotte metropolitan area and beyond. Public transit options are available, with bus services operating on a set schedule to accommodate commuters and local travelers. The city is also bike-friendly in certain areas, with dedicated lanes and trails. While specific ride-sharing services are present, their usage trends are reflective of the city's growing demand for diverse transportation options. Efforts to enhance transport efficiency and accessibility are ongoing, with plans for infrastructure improvements in the works.

Frequently Asked Questions About 632 Lorain Ave NW

What is the listing price of this property?

The listing price of 632 Lorain Ave NW property is $535,000.

What type of property is this?

The property 632 Lorain Ave NW is a house located in Concord, North Carolina, 28027.

Is this property for sale now?

Accepting Backup Offers: 632 Lorain Ave NW is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,164 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 4, 2007 for $308,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 632 Lorain Ave NW has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 632 Lorain Ave NW is 2,911 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 632 Lorain Ave NW is 2006.

Rocket HomesNorth CarolinaCabarrus CountyConcord28027632 Lorain Ave NW

This home is located at 632 Lorain Ave NW in Concord, NC and zip code 28027. This 2,911 square foot home was built in 2006. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 14, 2024 and is currently priced at $535,000.

In October 2024, from all listings sold in Concord, NC there were more than 10 sold above asking price, over 67 sold below and more than 32 were sold right at the asked price. The number of homes for sale in Concord, NC increased by 1.6% between September 2024 and October 2024. In October 2024 median list price was $380,110 and the average listing age was 46 days.

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

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