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247 Cabarrus Ave E, Concord, NC, 28025

2beds
1baths
1,042sqft
$227,500
$218price/sqft
$1,638/moest. monthly cost
$65,520/yrincome needed

About This Home

Back on the market with a new price. NEW ROOF to be installed for the potential buyer before the closing. FHA approved lease program option available. Discover this beautifully remodeled 2-bedroom, 1-bath bungalow nestled in the heart of historic Downtown Concord. Built in 1936 and offering approximately 1,042 sq ft of charming single-level living on a compact 0.11-acre lot, this home combines timeless appeal with modern updates for effortless, low-maintenance living. Step inside to an inviting open layout featuring fresh luxury vinyl plank flooring throughout the main areas and cozy new carpet in the bedrooms. The standout, recently remodeled kitchen boasts brand-new cabinets, sleek granite countertops, and premium stainless-steel appliances—perfect for everyday meals or entertaining. Both bedrooms provide comfortable, flexible space. Additional highlights include a welcoming covered front porch ideal for relaxing, and no HOA fees. The low-maintenance exterior and small, easy-care yard make this an excellent choice for first-time buyers, downsizers, or investors. Prime location just steps from vibrant Main Street—walk to restaurants, boutiques, the farmers market, community events, and the historic district. Enjoy quick access to Concord Mills, Charlotte Motor Speedway, parks, and major commuter routes to Uptown Charlotte (20-30 minutes). Cabarrus County Schools serve the area, with strong options nearby. Priced competitively in a growing market, this turnkey gem offers historic charm, modern convenience, and unbeatable downtown walkability.

Getting Around

55
WalkingSomewhat Walkable
18
TransitMinimal Transit
16
BikeSomewhat Bikeable

Schools

7/10
W M Irvin ElementaryGrades PK-51.2 mi
2/10
Concord MiddleGrades 6-81.3 mi
5/10
Concord HighGrades 9-121.1 mi

Construction

Condition

  • Year built: 1936

Materials

  • Foundation: Crawl Space
  • Construction materials: Vinyl

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Electric Oven,Electric Range,Electric Water Heater,Microwave,Refrigerator,Washer/Dryer
  • Laundry features: Electric Dryer Hookup,In Kitchen,Washer Hookup

Bathroom Full

  • Level: Main

Bedroom S

  • Level: Main

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main

Features

  • Flooring: Carpet,Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 1,042

Heating & Cooling

  • Heating features: Central,Electric,Forced Air
  • Cooling features: Central Air,Electric,Heat Pump

Interior Area

  • Total structure area: 1,042
  • Total interior livable area: 1,042 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 56310092100000
  • Zoning: RM-2
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Front Porch
  • Fencing: Back Yard,Fenced,Partial

Lot

  • Lot size: 0.11 Acres
  • Features: Corner Lot,Level

Parking

  • Total spaces: 3
  • Parking features: Parking Space(s)
  • Has uncovered spaces: Yes
  • Uncovered spaces: 3

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
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Lightning
Tornado
Cold Wave
Strong Wind
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 $1,150$13,800
Home Insurance *$90$1,080
Property Taxes $198$2,376
Electricity $200$2,405
Total$1,638$19,656
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$56,160/yr
40% on housing$49,140/yr
45% on housing$43,680/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

$218This 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
2026-05-07Listed for sale$227,500
2026-05-05Contingent$227,500
2026-04-09Listed for sale$227,500
2026-04-02Contingent$247,500
2026-02-15Listed for sale$247,500
2026-01-21Listing removed$249,900
2026-01-12Price change$249,900
2025-12-10Price change$255,900
2025-11-20Price change$257,500
2025-11-12Price change$259,000
2025-10-08Price change$269,000
2025-07-08Price change$272,500
2025-05-29Listed for sale$275,000
2022-10-27Sold$233,000
2022-09-21Contingent$240,000
2022-09-15Listing removed--
2022-09-10Listed for sale$240,000
2022-09-09Listed for rent$1,450
2022-08-31Listing removed--
2022-08-07Price change$1,550
2022-07-25Price change$1,850
2022-07-06Price change$1,950
2022-06-24Listed for rent$2,200
2022-06-23Listing removed--
2022-06-15Listed for sale$249,900
2021-10-19Sold$115,000
2019-10-01Listing removed$91,900
2019-09-27Sold$91,900
2015-03-24Sold$45,000

For Sale by Agent

AgentWojtek Lachowski
BrokerageEXP Realty LLC

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