NOT LISTED FOR SALE

140 Lake Concord Rd NE Unit A8 Concord, NC 28025

Estimated Value: $186,000 - $228,000

2 Beds
2 Baths
972 Sq Ft
$203/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $153,000 $157 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,362/month

4 Days on Market

Highlights

  • Lawn
  • Community Pool
  • Tile Flooring
  • Beverly Hills STEM Elementary Rated A-
  • Storage Room

About This Home

As of October 2021

Welcome Home! This 2 bed/2 bath, 2nd floor condo is in the heart of Concord. With new laminate wood floors throughout and marble floors in the remodeled kitchen and bathrooms. New kitchen features new kitchen cabinets, quartz counters, new black stainless appliances and tile backsplash .The stackable washer/dryer and refrigerator convey with sale. Unit must be owner occupied and pets are conditional. HOA maintains exterior and common areas which includes a very well maintained in ground pool! Pets are conditional. No dogs allowed unless proper certifications exist for a service dog. HOA and CCR's apply. Buyer pays HOA owner transfer fee of $100. Owner is given 1 reserved parking spot.

Last Listed By

Kristina Dodds

Signified Properties LLC License #216378 Listed on: 10/01/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • Lawn

HOA Fees

  • $132 Monthly HOA Fees

Home Design

  • Triplex

Interior Spaces

  • 2 Full Bathrooms
  • Storage Room

Flooring

  • Laminate
  • Tile

Listing and Financial Details

  • Assessor Parcel Number 5621-38-8599-0007

Community Details

Overview

  • Csi Association

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

HOA Fees

$132 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Triplex
  • Ratio Close Price By List Price: 1.02685
  • Ratio Close Price By Original Li: 1.02685
  • Ratio Current Price By Acre: 10928571.43
  • Ratio Current Price By Sq Ft: 157.41
  • Unit Floor Level: 2
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Upper
  • Equipment: Ceiling Fan(s), Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Flooring: Laminate Wood, Tile
  • Interior Amenities: Vaulted Ceiling
  • Laundry Location: Closet
  • Room Count: 1
  • Main Level Sq Ft: 972
  • Total Sq Ft: 972

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance, Storage Unit

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

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

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Land Included Yn: Yes
  • Lot Size Area: 0.014
  • Parcel Number: 5621-38-8599-0007
  • Zoning Specification: RC

Tax Info

  • Tax Value: 91660.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Oct 28, 2021
Sold by
Bankos Barbara and Bankos Edward P
Bought by
Dinnoo Nadine
Seller's Agent
Kristina Dodds
Signified Properties LLC
Buyer's Agent
Dakeita Vanderburg
Allen Tate Concord
List Price
$149,000
Sold Price
$153,000
Premium/Discount to List
$4,000
2.68%
Total Days on Market
4
Current Estimated Value
$197,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,659
Avg. Annual Appreciation
7.48%
Original Mortgage
$8,000
Outstanding Balance
$7,421
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$190,238

Purchase Details

Closed on
Jul 29, 2009
Sold by
Ally Rudy Abid and Ally Vedoutie
Bought by
Hoffman Jimmie H and Hoffman Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

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
Dinnoo Nadine $153,000 Fortified Title
Hoffman Jimmie H $73,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dinnoo Nadine $8,000
Open Dinnoo Nadine $148,410
Closed Dinnoo Nadine $80,000
Previous Owner Hoffman Jimmie H $55,000
Previous Owner Ally Abid Rudy $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $153,000 +2.7% $157 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $149,000 -- $153 / 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 $1,603 $160,940 $34,000 $126,940
2023 $1,118 $91,660 $23,000 $68,660
2022 $1,118 $91,660 $23,000 $68,660
2021 $1,118 $91,660 $23,000 $68,660
2020 $1,118 $91,660 $23,000 $68,660
2019 $801 $65,690 $12,500 $53,190
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: CAR3791939

Canopy MLS (Canopy Realtor® Association)

APN: 5621-38-8599-0007