OFF MARKET

Off Market Oct 2018 for $230K

$332,356

Est. refi paymentEst. refi $1,460/mo

•

1.5 ba

•

1,510

sq ft

2475 Penninger Rd, Concord, NC 28025

About this home

Looking to live in the country, but close to the city? Then this is the property for you. Property is less than 10 minutes from Downtown Concord. This home has 4 acres to roam around on and a full unfinished basement to store all of your toys. Enjoy those afternoons with family and friends on the covered front porch looking out over the large front yard. The home has 3 bedrooms, 1.5 bathrooms and is waiting for the new to take charge. This is a Fannie Mae Homepath Property.

Single-familyProperty Type

1968Year Built

3.72 acresLot Size

$220Est. Price/Sq.Ft.

Listed by Andrew Ferraro • Craven & Company Realtors

Bought with Nathalie Fabbricatore • Lake Norman Realty, Inc

Source:CANOPYMLS as Distributed by MLS Grid #3033475

Redfin Estimate

$332,356

$102K since sold in October 2018$5,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 1% higher than the average sale price ($329K) of 6 comparable homes.

SOLD MAY 19, 2026
$276,000
A
3 beds1.5 baths1,117 sq ft
410 NE Cameron Ave NE, Concord, NC 28025
SOLD MAY 19, 2026
$515,000
B
3 beds2 baths1,942 sq ft
2401 Penninger Rd, Concord, NC 28025
SOLD JUN 10, 2026
$270,000
C
3 beds1.5 baths1,267 sq ft
169 Shamrock St NE, Concord, NC 28025
SOLD AUG 4, 2026
$302,500
D
3 beds2 baths1,267 sq ft
520 Eastway Ave #37, Kannapolis, NC 28083
SOLD APR 3, 2026
$275,000
E
3 beds1.5 baths1,537 sq ft
101 Todd Dr NW, Concord, NC 28025
SOLD APR 6, 2026
$335,000
F
3 beds1.5 baths1,706 sq ft
148 Palaside Dr NE, Concord, NC 28025

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Earn from this home

Sell

$157,194

Est. take-home

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Refinance

Est. cash available

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Rent

$1,877/mo

Redfin rental estimate

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Market trends in 28025, NC

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.4%

0.2% MoM

Median sale price

$330K

$73 MoM

Avg. days on market

49d

2 days MoM

Recently sold homes

212

4 MoM

New listings for sale

NEW 7 HRS AGO
$690,000
3 beds2 baths1,664 sq ft
6712 Mexico Rd Lot 9, Concord, NC 28025
3D WALKTHROUGH
$325,000
4 beds2.5 baths1,986 sq ft
622 Shellbark Dr, Concord, NC 28025
COMING SOON
1840 Scarbrough Cir SW #2, Concord, NC 28025
$425,000
4 beds2.5 baths2,454 sq ft
1840 Scarbrough Cir SW #2, Concord, NC 28025
$299,900
3 beds2 baths1,123 sq ft
120 Kirkwood Dr, Concord, NC 28025
$295,000
3 beds2 baths1,215 sq ft
5119 Hildreth Ct, Concord, NC 28025
$299,000
3 beds2 baths1,260 sq ft
2425 Red Tip Dr SE, Concord, NC 28025
COMING SOON
$375,000
5 beds3 baths2,414 sq ft
4104 Long Arrow Dr, Concord, NC 28025
3D WALKTHROUGH
$309,900
4 beds3 baths2,376 sq ft
2607 Forsythe Ln, Concord, NC 28025
$389,900
3 beds2 baths1,587 sq ft
256 Litaker Ln, Concord, NC 28025
COMING SOON
$289,000
4 beds2.5 baths2,081 sq ft
74 Meadow Ave NE, Concord, NC 28025
See all

Provided by Redfin

Sale history for 2475 Penninger Rd

Date

Event

Price

Public Records

Oct 10, 2018

Sold

$230,000

$152/sq ft

CANOPYMLS as Distributed by MLS Grid #3033475

Nov 18, 2014

Sold

$59,000

$39/sq ft

Nov 5, 2014

Contingent

—

Oct 8, 2014

Price Changed

$59,000

$39/sq ft

Sep 9, 2014

Price Changed

$67,500

$45/sq ft

Sep 5, 2014

Listed

$74,900

$50/sq ft

+10

CANOPYMLS as Distributed by MLS Grid #1

Jul 31, 2014

Price Changed

$74,900

$50/sq ft

May 5, 2014

Price Changed

$76,500

$51/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$2,215

$96,270 + $241,350

$337,620

2024

$2,215 (+20.9%)

$96,270 + $241,350

$337,620

2023

$1,831

$60,800 + $162,550

$223,350

2022

$1,831

$60,800 + $162,550

$223,350

2021

$1,831 (+2.5%)

$60,800 + $162,550

$223,350

2020

$1,787 (+38.5%)

$60,800 + $162,550

$223,350

2019

$1,290 (+1.8%)

$60,800 + $162,550

$223,350

2018

$1,268 (+2.6%)

$55,730 + $105,520

$161,250

2017

$1,235

$58,830 + $103,680

$162,510

2016

$1,235 (+31.8%)

$58,830 + $103,680

$162,510

2015

$937 (−13.0%)

$58,830 + $103,680

$162,510

2014

$1,077

$58,830 + $82,980

$141,810

2013

$1,078 (+1.3%)

$58,830 + $82,980

$141,810

2012

$1,064 (+7.0%)

$58,830 + $82,980

$141,810

2011

$994

$58,830 + $82,980

$141,810

Tax history for 2475 Penninger Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,215

$96,270 + $241,350

$337,620

2024

$2,215 (+20.9%)

$96,270 + $241,350

$337,620

2023

$1,831

$60,800 + $162,550

$223,350

2022

$1,831

$60,800 + $162,550

$223,350

2021

$1,831 (+2.5%)

$60,800 + $162,550

$223,350

2020

$1,787 (+38.5%)

$60,800 + $162,550

$223,350

2019

$1,290 (+1.8%)

$60,800 + $162,550

$223,350

2018

$1,268 (+2.6%)

$55,730 + $105,520

$161,250

2017

$1,235

$58,830 + $103,680

$162,510

2016

$1,235 (+31.8%)

$58,830 + $103,680

$162,510

2015

$937 (−13.0%)

$58,830 + $103,680

$162,510

2014

$1,077

$58,830 + $82,980

$141,810

2013

$1,078 (+1.3%)

$58,830 + $82,980

$141,810

2012

$1,064 (+7.0%)

$58,830 + $82,980

$141,810

2011

$994

$58,830 + $82,980

$141,810

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

Agricultural/Open Space District

This district is comprised mostly of lands usually found on the eastern side of the County which, due to physical characteristics such as soil type, topography, etc., should remain agrarian. To a lesser degree, these are also those lands which are conducive to providing recreationally oriented open space. These land areas should remain the farmland and undeveloped/forested land of the County. Public utilities will not be planned for these areas. Consequently, residential uses that support those working and/or owning the land, home occupations allied with existing residences, and very limited business endeavors are envisioned as complementary to the area. In sum, the primary activity of these lands is agricultural - housing and business are typically related to, and supportive of, the practice of modern day agriculture. It is not, however, improbable that a small hamlet type settlement might evolve in this zoning district. As to those areas constituting open space, manmade uses must take care to enhance and not detract from the essential character of the area.

Property details

Interior

Basement Information
Basement Sq. Ft: 1,366
Basement Type: Unfinished

Bathroom Information
# of Full Baths: 1
# of 1/2 Baths: 1

Heating & Cooling
Air Conditioning Type: Central
Heating Type: Heat Pump

Fireplace Information
# of Fireplaces: 1
Fireplace Type: 1 Story 1 Opening
Has Fireplace

Exterior

Exterior Information
Foundation Type: Continuous Footing
Building Construction Quality: Average
Exterior Wall: Brick Veneer
Roof Shape Type: Gable
Building Type: Residential

Property Information
Living Sq. Ft: 1,510
Ground Floor Sq. Ft: 1,510
Building Sq. Ft: 2,876
# of Stories: 1
Stories Type: 1
Legal Description: WEST SIDE PENNINGER RD 3.72AC

Parking & Garage Information
Parking Type: Carport
Garage/Parking Sq. Ft: 540
Garage / Carport Type: Carport

Lot Information
# of Buildings: 1
Land Sq. Ft: 162,043
Municipality Name: NEW GILEAD
Acres: 3.72
Depth Footage: 781
Front Footage: 198
Zoning Code: AO
County Use Description: SINGLE FAM RES RURAL ACREAGE

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: 1.5
Sq. Ft.: 1,510
Stories: 1.0
Lot Size: 3.72 acres
Style: Single Family Residential
Year Built: 1968
Year Renovated: 1990
County: Cabarrus County
APN: 56323273450000

Home facts updated by county records on Jul 13, 2026

Around this home

Schools

W M Irvin Elementary

Public PreK-5 • Assigned • 2.3mi

7/10

Concord Middle

Public 6-8 • Assigned • 2.1mi

2/10

Concord High

Public 9-12 • Assigned • 1.5mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 105° expected this year, 17 days in 30 years

4/10 Wind Factor

21% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Concord, NC • 28025

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.3 hours in June and 5.3 hours in December, which is comparable to the U.S. average for solar exposure.

9.3 hrs

5.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$316,000 – $383,000

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Nearby similar homes

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719 Forest St NW, Concord, NC 28025

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3 beds2 baths1,752 sq ft

477 Birchwood Trl NE, Concord, NC 28025

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4 beds3.5 baths3,609 sq ft

624 Springbrook Ave NE, Concord, NC 28025

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2 beds1 bath1,019 sq ft

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New listings for sale in 28025

NEW 7 HRS AGO

$690,000

3 beds2 baths1,664 sq ft

6712 Mexico Rd Lot 9, Concord, NC 28025

3D WALKTHROUGH

$325,000

4 beds2.5 baths1,986 sq ft

622 Shellbark Dr, Concord, NC 28025

COMING SOON

$425,000

4 beds2.5 baths2,454 sq ft

1840 Scarbrough Cir SW #2, Concord, NC 28025

$299,900

3 beds2 baths1,123 sq ft

120 Kirkwood Dr, Concord, NC 28025

$295,000

3 beds2 baths1,215 sq ft

5119 Hildreth Ct, Concord, NC 28025

$299,000

3 beds2 baths1,260 sq ft

2425 Red Tip Dr SE, Concord, NC 28025

COMING SOON

$375,000

5 beds3 baths2,414 sq ft

4104 Long Arrow Dr, Concord, NC 28025

3D WALKTHROUGH

$309,900

4 beds3 baths2,376 sq ft

2607 Forsythe Ln, Concord, NC 28025

$389,900

3 beds2 baths1,587 sq ft

256 Litaker Ln, Concord, NC 28025

Home values near 2475 Penninger Rd

Data from public records.

Address	Redfin Estimate
2490 Penninger Road, Concord, NC 2 Beds \| 1.5 Baths \| 924 Sq. Ft.	$251,297
2401 Penninger Road, Concord, NC 3 Beds \| 2 Baths \| 1942 Sq. Ft.	$487,744

Address	Redfin Estimate
2470 Penninger Road, Concord, NC 4 Beds \| 3 Baths \| 3258 Sq. Ft.	$486,642
2495 Penninger Road, Concord, NC 4 Beds \| 3.5 Baths \| 2407 Sq. Ft.	$560,859

Address	Redfin Estimate
2650 Penninger Road, Concord, NC 2 Beds \| 1 Baths \| 1404 Sq. Ft.	$331,289
2615 Penninger Road, Concord, NC 3 Beds \| 2 Baths \| 1424 Sq. Ft.	$298,470

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 28025, NC

Sale history for 2475 Penninger Rd

Tax history for 2475 Penninger Rd

Zoning

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 28025

Home values near 2475 Penninger Rd

More real estate resources