NOT LISTED FOR SALE

140 Lake Concord Rd NE Unit B9 Concord, NC 28025

Estimated Value: $172,000 - $195,000

2 Beds
2 Baths
972 Sq Ft
$123/mo HOA Fee

Last Sold November 02, 2022

Last sale price $170,000 $175 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,289/month

35 Days on Market

Highlights

  • In Ground Pool
  • Wooded Lot
  • Laundry Room
  • Beverly Hills STEM Elementary Rated A-
  • Balcony
  • Tile Flooring

About This Home

As of November 2022

Welcome home! You will love this low maintenance community. This 2nd story, 2 bedroom 2 bathroom unit features new vinyl flooring in all main living areas with updated tile bathrooms and kitchen, new paint through out, tankless hot water heater, water conditioning system, new washer and dryer and new windows. This is a must see...schedule your appointment today. Showings begin Friday, September 30th @ noon. Please note: No dogs are allowed per HOA guidelines- small animals such as cats are allowed. Listing agent is listed on deed.

Last Listed By

MaShanna Ball

CEDAR REALTY LLC License #292214 Listed on: 09/28/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,603

Year Built

  • Built in 1978

Lot Details

  • Wooded Lot

HOA Fees

  • $123 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 972 Sq Ft Home
  • Pull Down Stairs to Attic

Kitchen

  • Electric Cooktop
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

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

Utilities

  • Central Heating
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 5621-38-8599-0020

Community Details

Overview

  • Voluntary home owners association
  • Csi Management Association
  • Mid-Rise Condominium
  • Candlewood Square Condos
  • Candlewood Square Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,603

Year Built

Built in 1978

Lot Details

0

HOA Fees

$123 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1978
  • Ratio Current Price By Acre: 67729.08
  • Restrictions: Other - See Media/Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Unit Floor Level: 1
  • Road Surface Type: Asphalt
  • Structure Type: Mid-Rise
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 174.90
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Laminate, Tile
  • Interior Amenities: Attic Stairs Pulldown
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 972
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Balcony,Covered
  • Appliances: CO Detector, Electric Cooktop, Dishwasher, Disposal, Dryer, Plumbed For Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 972
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: In Ground Pool
  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Concord
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Assigned

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Sidewalks
  • Association Fee: 123
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Voluntary
  • Complex Name: Candlewood Square
  • Association Name: CSI Management
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Concord
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 1476.00

Lot Info

  • Lot Features: Wooded
  • Lot Size Area: 2.51
  • Lot Size Units: Acres
  • Parcel Number: 5621-38-8599-0020
  • Plat Reference Section Pages: 24
  • Land Included Yn: 0
  • Lot Size: 0
  • Zoning Description: RC
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Conditional

Tax Info

  • RATIO List Price By Tax Amount: 1.95287

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Beverly Hills
  • High School: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Nov 1, 2022
Sold by
Quesinberry Jo Carol and Quesinberry Robin Lunsford
Bought by
Theologou David M and Wright Kanree Nelly
Seller's Agent
MaShanna Ball
CEDAR REALTY LLC
Buyer's Agent
Tracy Honeycutt
Costello Real Estate and Investments LLC
List Price
$189,900
Sold Price
$170,000
Premium/Discount to List
-$19,900
-10.48%
Total Days on Market
35
Views
142
Current Estimated Value
$186,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,145
Avg. Annual Appreciation
3.68%
Original Mortgage
$164,350
Outstanding Balance
$159,865
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$26,280

Purchase Details

Closed on
Apr 28, 2000
Sold by
Carpenter Jennifer D and Carpenter Brian C
Bought by
Quesinberry Jo Carol

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
8.24%

Range of Values:

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Average Value
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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
Theologou David M $173,000 --
Quesinberry Jo Carol $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Theologou David M $164,350
Previous Owner Quesinberry Jo Carol $34,700
Previous Owner Quesinberry Jo Carol $15,000
Previous Owner Quesinberry Jo Carol $54,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2022 11/02/22 Sold $170,000 -5.0% $175 / Sq Ft
10/10/2022 10/10/22 Price Changed $179,000 -0.5% $184 / Sq Ft
10/04/2022 10/04/22 Price Changed $179,900 -2.7% $185 / Sq Ft
10/02/2022 10/02/22 Price Changed $184,900 -2.6% $190 / Sq Ft
09/28/2022 09/28/22 For Sale $189,900 -- $195 / 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 $843 $71,440 $15,500 $55,940
2014 $843 $71,440 $15,500 $55,940
Source: Public Records

Agents Affiliated with this Home

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3908875

Canopy MLS (Canopy Realtor® Association)

APN: 5621-38-8599-0020