NOT LISTED FOR SALE

140 Lake Concord Rd NE Unit A2 Concord, NC 28025

Estimated Value: $170,000 - $190,638

2 Beds
2 Baths
908 Sq Ft
$132/mo HOA Fee

Last Sold February 14, 2020

Last sale price $100,000 $110 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,272/month

8 Days on Market

Highlights

  • In Ground Pool
  • Lawn
  • Vinyl Flooring
  • Beverly Hills STEM Elementary Rated A-
  • Level Lot

About This Home

As of February 2020

Now available is a hard to find main level Candlewood Square condo across the street from Atrium Health Cabarrus Medical Center and Carolina Mall. This well maintained unit comes with washer/dryer and refrigerator. Offers quick access to US 29, NC 3, NC 73, US 601 and I-85. HOA maintains exterior and common areas that includes the in ground community pool for relaxation on your days off. Patio overlooks the hospital and mall area. Pets are conditional and unit must be owner occupied. HOA Rules and CCR's available upon request. Just minutes from public parks, greenways and the North Carolina Research Campus in Kannapolis. Book your showing today!

Last Listed By

Wendell Rummage

Lantern Realty & Development, LLC License #288825 Listed on: 01/14/2020

Lantern Realty & Development, LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1978

Lot Details

  • 348

HOA Fees

  • $132 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Insulated Windows

Flooring

  • Laminate
  • Vinyl

Additional Features

  • In Ground Pool
  • Lawn

Community Details

  • Csi Property Management Association, Phone Number (704) 892-1660

Listing and Financial Details

  • Assessor Parcel Number 5621 38 8599 0001

Property Details

Home Type

Condominium

Year Built

Built in 1978

Lot Details

0

HOA Fees

$132 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.95238
  • Ratio Close Price By Original Li: 0.95238
  • Ratio Current Price By Sq Ft: 110.13
  • Unit Floor Level: 1
  • Year Built: 1978
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dryer, Dishwasher, Electric Dryer Hookup, Electric Range, Refrigerator, Washer, Electric Oven
  • Flooring: Laminate Wood, Vinyl
  • H O A Management Phone: 7048921660
  • Laundry Location: Main
  • Room Count: 1
  • Sq Ft Additional: 63
  • Main Level Sq Ft: 908
  • Total Sq Ft: 908
  • Sq Ft Unheated Main: 28
  • Sq Ft Unheated Total: 28

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance, Pool-In-Ground

Garage/Parking

  • Driveway: Asphalt
  • Parking: Assigned Parking Space - 1

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 132.00
  • Association Fee Frequency: Monthly
  • Complex Name: Candlewood Square
  • HOA Management Company: CSI Property Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Beverly Hills
  • Middle School: Concord
  • High School: Concord

Lot Info

  • Lot Features: Level
  • Parcel Number: 5621 38 8599 0001
  • Zoning Specification: RC

Tax Info

  • Tax Value: 64670.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2020
Closed on
Feb 14, 2020
Sold by
Hedrick Jennie
Bought by
Wyrick Jennie Craig
Seller's Agent
Wendell Rummage
Lantern Realty & Development, LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$105,000
Sold Price
$100,000
Premium/Discount to List
-$5,000
-4.76%
Total Days on Market
8
Current Estimated Value
$181,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,660
Avg. Annual Appreciation
12.04%

Purchase Details

Closed on
Aug 18, 2016
Sold by
Faircloth Oscar Lee and Faircloth Joan G
Bought by
Hedrick Jennie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2012
Sold by
Byrd Philip N and Byrd Rhonda R
Bought by
Barbee Tanya D and Barbee Judy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 1999
Sold by
Ray Yvonne Caudle
Bought by
Reynolds Louise S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,400
Interest Rate
7.06%

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wyrick Jennie Craig $100,000 None Available
Hedrick Jennie $72,000 None Available
Barbee Tanya D $56,000 None Available
Reynolds Louise S $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hedrick Jennie $72,000
Previous Owner Barbee Tanya D $51,000
Previous Owner Reynolds Louise S $54,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2020 02/14/20 Sold $100,000 -4.8% $110 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
01/14/2020 01/14/20 For Sale $105,000 -- $116 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,579 $158,520 $34,000 $124,520
2023 $1,096 $89,860 $23,000 $66,860
2022 $1,096 $89,860 $23,000 $66,860
2021 $1,096 $89,860 $23,000 $66,860
2020 $1,096 $89,860 $23,000 $66,860
2019 $789 $64,670 $12,500 $52,170
2018 $788 $65,690 $12,500 $53,190
2017 $775 $65,690 $12,500 $53,190
2016 $460 $71,440 $15,500 $55,940
2015 -- $71,440 $15,500 $55,940
2014 -- $71,440 $15,500 $55,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3582310

Canopy MLS (Canopy Realtor® Association)

APN: 5621-38-8599-0001