This income-producing 3-bedroom, 2-bathroom home in Concord presents an excellent investment opportunity in a rapidly growing market. Fully renovated in 2020, it boasts updated electrical, plumbing, and windows for minimal upkeep and immediate rental readiness. The open floor plan features stylish LVP flooring, a modern kitchen with granite countertops, stainless steel appliances, and two renovated bathrooms. Outside, a private fenced yard with a deck enhances tenant appeal. Conveniently located near shopping, dining, and entertainment, with easy access to Kannapolis and Charlotte. The seller offers a 2-year rate buydown, optimizing cash flow for investors seeking a dependable rental property in Concord's expanding market. Contact us now for more details and to schedule a showing!
Closed
$240,000
98 Ring Ave SW, Concord, NC 28025
3beds
1,200sqft
Single Family Residence
Built in 1951
0.11 Acres Lot
$240,800 Zestimate®
$200/sqft
$1,478 Estimated rent
Home value
$240,800
$224,000 - $260,000
$1,478/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 22, 2025 at 08:25pm
Listing Provided by:
Lisa Turley lisaturleyrealestate@gmail.com,
RE/MAX Executive
Bought with:
Jose Vargas
Chris Angel Real Estate
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4231261
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Dining area
- Level: Main
Great room
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Exhaust Hood, Microwave, Refrigerator, Self Cleaning Oven
- Laundry: Laundry Closet
Features
- Open Floorplan
- Flooring: Vinyl
- Windows: Insulated Windows
- Has basement: No
Interior area
- Total structure area: 1,200
- Total interior livable area: 1,200 sqft
- Finished area above ground: 1,200
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Driveway
- Uncovered spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Fencing: Fenced
Lot
- Size: 0.11 Acres
- Features: Level, Wooded
Details
- Parcel number: 56209601620000
- Zoning: RC
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Vinyl
- Foundation: Crawl Space
- Roof: Composition
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Cable Available, Wired Internet Available
Community & neighborhood
Location
- Region: Concord
- Subdivision: None
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Concrete, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2025 | Sold | $240,000-2%$200/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4231261 | ||
| 7/31/2025 | Pending sale | $245,000$204/sqft |
Source: Canopy MLS as distributed by MLS GRID #4231261 | ||
| 7/15/2025 | Price change | $245,000-3.5%$204/sqft |
Source: Canopy MLS as distributed by MLS GRID #4231261 | ||
| 7/11/2025 | Price change | $253,9000%$212/sqft |
Source: Canopy MLS as distributed by MLS GRID #4231261 | ||
| 6/11/2025 | Price change | $254,000-5.6%$212/sqft |
Source: Canopy MLS as distributed by MLS GRID #4231261 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,690 +66.9% | $169,630 +104.4% |
| 2023 | $1,012 +47.6% | $82,990 +47.6% |
| 2022 | $686 | $56,230 |
Find assessor info on the county website
Neighborhood: Logan
Nearby schools
GreatSchools rating
- 7/10W M Irvin ElementaryGrades: PK-5Distance: 1.8 mi
- 2/10Concord MiddleGrades: 6-8Distance: 2 mi
- 5/10Concord HighGrades: 9-12Distance: 1.9 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$240,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$240,800