$170,000
SOLD NOV 2, 2022

140 Lake Concord Rd NE Concord, NC 28025

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

Recently Sold

$175 Per Sq Ft

6% Below List Price

7 Days on Market

Highlights

  • Traditional Architecture
  • Laundry Room
  • Ceiling Fan
  • Beverly Hills STEM Elementary Rated A-
  • Central Heating

About This Home

As of February 2024

Great opportunity to own a condo in Candlewood Square. 2 bedroom and 2 bath, main level unit. Very well kept and ready to move into. Multiple amenities just a short distance from this home. Carolina Mall, restaurants, and Atrium Health Cabarrus. Outside storage area off the secluded patio.
Washer, Dryer and Refrigerator are included. Owner occupant only, cannot rent/lease this unit per HOA. Showing only allowed on Sunday and Monday afternoons after 12:00 pm. Tennant occupied, will be vacant/available November 1.

Last Agent to Sell the Property

Steve Norwood

Norwood Realty Group LLC License #195564 Listed on: 09/23/2022

Last Buyer's Agent

MaShanna Ball

CEDAR REALTY LLC License #292214

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,615

Year Built

  • Built in 1978

HOA Fees

  • $132 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 972 Sq Ft Home
  • Ceiling Fan
  • Laminate Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Heating
  • Heat Pump System

Community Details

  • Candlewood Square Condos
  • Candlewood Square Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 5621-38-8599-0038

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,615

Year Built

Built in 1978

Lot Details

0

HOA Fees

$132 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Year Built: 1978
  • Ratio Current Price By Acre: 18888888.89
  • Restrictions: N/A
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Unit Floor Level: 1
  • Road Surface Type: Asphalt
  • Structure Type: Garden
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 174.90
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Flooring: Carpet, Laminate
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 60
  • 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
  • Appliances: Ceiling Fan(s), Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 972
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • New Construction: No
  • Roof: Composition
  • 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

  • Association Fee: 132
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Candlewood Square
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Concord
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 1584.00

Lot Info

  • Lot Size Area: 0.009
  • Lot Size Units: Acres
  • Parcel Number: 5621-38-8599-0038
  • Land Included Yn: 1
  • Lot Size: 19X21X19X21
  • Zoning Description: RC
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.96378

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Beverly Hills
  • High School: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2025
Sold by
Chandler Caitlin Marie
Bought by
Williams Angie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Outstanding Balance
$142,500
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$32,739

Purchase Details

Closed on
Nov 4, 2016
Sold by
Caudell Gary M
Bought by
Chandler Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
3.48%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in Concord, NC

  • 140 Lake Concord Rd NE Unit B7, Concord, NC 28025

    $184,000

    • 2 Beds
    • 2 Baths
    • 898 Sq Ft
    • 140 Lake Concord Rd NE
    • Unit B7
    • Concord, NC

    A Fresh Canvas for Your Personal Touch! Step into a freshly painted home offering a clean slate to let your style shine. The spacious layout opens to a covered balcony—perfect for your morning coffee or evening unwind. The kitchen features recessed lighting and stylish above-cabinet illumination, adding both function and flair. Location, Location, Location With easy access to I-85, you’re minutes

    Sheri Smith Bradford McCravy Realty Affiliates

    Section Image
  • 140 Lake Concord Rd NE, Concord, NC 28025

    $199,000

    • 2 Beds
    • 2 Baths
    • 908 Sq Ft
    • 140 Lake Concord Rd NE
    • Concord, NC

    Completely remodeled 2 bedroom/2 bathroom condominium in Candlewood Square. Located near the hospital, mall, numerous dining options, and easy access to I-85. Kitchen has been completely updated with marble countertops, tile backsplash, and stainless steel appliances. Bathrooms have been updated as well. Laminate flooring throughout, open living and dining area, captain galley kitchen, screen

    Tobitha Doby-Stewart Key Real Estate

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $150,000 Harbor City Title
Warranty Deed $61,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $142,500 New Conventional
Previous Owner $35,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Price Changed $199,000 -5.2% $219 / Sq Ft
06/25/2025 06/25/25 Price Changed $210,000 -8.7% $231 / Sq Ft
06/12/2025 06/12/25 For Sale $229,900 +15.0% $253 / Sq Ft
02/23/2024 02/23/24 Sold $200,000 -4.8% $250 / Sq Ft
12/29/2023 12/29/23 Pending -- -- --
12/17/2023 12/17/23 For Sale $210,000 +23.5% $263 / Sq Ft
11/02/2022 11/02/22 Sold $170,000 -5.6% $175 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
09/23/2022 09/23/22 For Sale $180,000 +100.0% $185 / Sq Ft
06/04/2018 06/04/18 Sold $90,000 0.0% $92 / Sq Ft
05/05/2018 05/05/18 Pending -- -- --
05/04/2018 05/04/18 Price Changed $90,000 +3.4% $92 / Sq Ft
03/13/2018 03/13/18 For Sale $87,000 0.0% $89 / Sq Ft
12/15/2017 12/15/17 Rented $950 -13.6% --
11/13/2017 11/13/17 Under Contract -- -- --
10/25/2017 10/25/17 For Rent $1,100 -- --
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 $1,615 $162,150 $34,000 $128,150
2023 $1,089 $89,270 $23,000 $66,270
2022 $1,089 $89,270 $23,000 $66,270
2021 $1,089 $89,270 $23,000 $66,270
2020 $1,089 $89,270 $23,000 $66,270
2019 $783 $64,160 $12,500 $51,660
2018 $770 $64,160 $12,500 $51,660
2017 $757 $64,160 $12,500 $51,660
2016 $449 $69,860 $15,500 $54,360
2015 $412 $69,860 $15,500 $54,360
2014 $412 $69,860 $15,500 $54,360
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3907576

Canopy MLS (Canopy Realtor® Association)

APN: 5621-38-8599-0048