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118 Glen Rae St SW, Concord, NC, 28025

2beds
2baths
1,038sqft
$257,000
$248price/sqft
$1,811/moest. monthly cost
$72,440/yrincome needed

About This Home

Discover this charming and well-maintained property located at 118 Glean Rae Street SW, offering the perfect blend of comfort, style, and convenience. Featuring 2 bedrooms and 2 full bathrooms, this home boasts an open-concept modern living space designed for easy living and entertaining. Step inside to a bright and airy living room filled with abundant natural light, creating a warm and inviting atmosphere. The kitchen is equipped with stainless steel appliances and includes a washer/dryer combo, making this home truly move-in ready. Situated on a spacious 0.41-acre lot with NO HOA, you’ll enjoy the freedom, privacy, and flexibility to make this property your own—whether you envision hosting gatherings, adding outdoor features, or simply enjoying the extra space. Conveniently located near shopping, dining, and major highways in Concord, this home offers both tranquility and accessibility. Don’t miss the opportunity to make this beautiful property yours—schedule your private showing today!

Getting Around

31
WalkingCar-Dependent
24
TransitMinimal Transit
21
BikeSomewhat Bikeable

Schools

7/10
W M Irvin ElementaryGrades PK-52.4 mi
2/10
Concord MiddleGrades 6-82.6 mi
5/10
West Cabarrus HighGrades 9-123.3 mi

Construction

Condition

  • Year built: 1950

Materials

  • Foundation: Crawl Space
  • Construction materials: Vinyl

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Electric Water Heater,ENERGY STAR Qualified Refrigerator,Microwave,Washer/Dryer
  • Laundry features: In Hall

Bathroom Full

  • Level: Main

Bedrooms & Bathrooms

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

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,038

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,038
  • Total interior livable area: 1,038 sqft

Laundry

  • Level: Main

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 56206369310000
  • Zoning: Residential Compact-Rc
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Storage

Lot

  • Lot size: 0.41 Acres

Parking

  • Parking features: Driveway
  • Has uncovered spaces: 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

  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Cold Wave
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 $1,299$15,588
Home Insurance *$102$1,224
Property Taxes $210$2,520
Electricity $200$2,405
Total$1,811$21,732
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$62,091/yr
40% on housing$54,330/yr
45% on housing$48,293/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

$248This listing

vs Other Active Listings

Avg $/sqft

ZIP 28025$158
Cabarrus County$177

vs Homes Sold Last Month

Median $/sqft

ZIP 28025$192
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
2026-05-13Price change$259,900
2026-04-27Price change$269,900
2026-04-17Listed for sale$275,000
2024-03-13Sold$245,000
2024-02-01Listed for sale$238,000
2022-11-10Sold$108,500
2021-03-24Listing removed--
2013-01-31Listing removed$62,000
2012-08-29Listed for sale$62,000
2007-01-12Sold$30,500
2006-11-08Sold$17,000
2006-08-02Sold$65,000
2005-05-03Sold$74,500
2001-10-15Sold$56,500

For Sale by Agent

AgentJennifer Villalobos
BrokerageKeller Williams South Park

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