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609 Faith Dr SW, Concord, NC, 28027

2beds
2baths
1,096sqft
$225,000
$205price/sqft
$1,587/moest. monthly cost
$63,480/yrincome needed

About This Home

A cozy cottage in an established residential neighborhood in the city limits of Concord. Built in 1939, the property offers both vintage charm and renovation potential. The home features 2 bedrooms and 1.5 bathrooms on a single level, with approximately 1,096 square feet of living space. Traditional interiors include carpet, hardwood and linoleum flooring. A gas fireplace in living room and ceiling fans along with central heating and cooling make for comfort no matter the season. Roof was replaced in 2023 or 2024 per seller. Set on a quarter-acre lot with mature trees, the property includes a detached 2-car garage. Yard is partially fenced in with an 8 ft privacy fence. Enjoy the peace and quiet on your front or back covered porch or concrete patio. Laundry is conveniently located in the mudroom right off the driveway. This home needs some updating but the right person could make it truly a wonderful home. Schedule your showing today. Items in the garage do not convey. *** Additonal parcel added Parcel ID 5529-55-6593-0000 for a total of approx .55 ac.

Getting Around

15
WalkingCar-Dependent
20
TransitMinimal Transit
18
BikeSomewhat Bikeable

Schools

5/10
Wolf Meadow ElementaryGrades K-52.0 mi
5/10
J N Fries Middle SchoolGrades 6-80.7 mi
5/10
West Cabarrus HighGrades 9-123.6 mi

Construction

Condition

  • Year built: 1939

Materials

  • Foundation: Crawl Space
  • Construction materials: Vinyl

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cottage
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Cooktop,Electric Oven,Refrigerator
  • Laundry features: Electric Dryer Hookup,Mud Room,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bedrooms: 2

Features

  • Flooring: Carpet,Hardwood
  • Finished area below ground: 0
  • Finished area above ground: 1,096

Heating & Cooling

  • Heating features: Central,Heat Pump
  • Cooling features: Central Air,Window Unit(s)

Interior Area

  • Total structure area: 1,096
  • Total interior livable area: 1,096 sqft

Primary Bedroom

  • Features: Ceiling Fan(s),Split BR Plan,Walk-In Closet(s)
  • Level: Main
  • Area: 312.625
  • Dimensions: 20' 6" X 15' 3"

Property

Details

  • Parcel number: 55295565010000
  • Zoning: RC
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Front Porch,Rear Porch
  • Fencing: Back Yard,Partial,Privacy

Lot

  • Lot size: 0.56 Acres
  • Features: Wooded

Parking

  • Total spaces: 5
  • Parking features: Detached Carport,Driveway,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 3
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Ice Storm
Lightning
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters in Cabarrus County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,137$13,644
Home Insurance *$68$816
Property Taxes $182$2,184
Electricity $200$2,405
Total$1,587$19,044
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$54,411/yr
40% on housing$47,610/yr
45% on housing$42,320/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$205This listing

vs Other Active Listings

Avg $/sqft

ZIP 28027$184
Cabarrus County$177

vs Homes Sold Last Month

Median $/sqft

ZIP 28027$205
Cabarrus County$199

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-13Price change$250,000
2026-03-07Price change$237,000
2026-02-25Listed for sale$253,000

For Sale by Agent

AgentCheryl Baxter
BrokerageLantern Realty & Development, LLC

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