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1102 Summerlake Dr; Concord, NC Property Details

1102 Summerlake Dr, Concord, NC is a Garden Apt 5+ Units that was built in 1985. This property is currently a cash purchase and is not for sale. Our records show that 1102 Summerlake Dr has a total of 19,673 square feet. The lot size of 1102 Summerlake Dr is 1,161,745 square feet.

Off market
100 Summerlake Dr SW Concord, NC 28025
$27,178,030 Estimated Value
19,673 SqFt
Property Type
Garden Apt 5+ Units
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Corporate
  • Owner Status: Corporate
  • Year Built: 1985
  • Purchase Price: $16,500,000
  • Open Loans / Balance: 1 / $14,364,331
  • APN: 5539 46 4248
  • Situs County: Cabarrus
  • Length Of Ownership: 5 years, 4 months

Structure

  • Building Style: Wood
  • Floor Cover Type: Vinyl
  • Stories: 2
  • Exterior Wall Type: Wood
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Quality: B
  • Roof Type: Wood Truss
  • Pool Type: Yes
  • Porch Type: Open
  • Roof Cover Type: Composition Shingle
  • Deck: true

Measurements

  • Total: 19,673/SqFt
  • Lot: 1,161,745/SqFt
  • Gross: 19,673/SqFt
  • Living: 13,526/SqFt
  • Basement: 3,715/SqFt
  • Building: 19,673/SqFt
  • Ground: 6,763/SqFt
  • Basement Finished: 3,715/SqFt
  • Price Per Square Foot: $838.71

Legal Description

  • Description: SOUTH SIDE WARREN C COLEMAN BLVD S
Building Insights

Land Information

  • Property Type: Garden Apt 5+ Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Cabarrus County Schools
  • Lat / Lon: 35.380276 / -80.5614
  • Subdivision: Hwy 60149
  • Property Class: Residential
  • Zoning: RC
  • County Use Code: 60

Amenities

  • Heating Fuel Type: Electric
  • Pool: true
  • Bathroom Fixtures: 60
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Offsite
  • Heating: Heat Pump

Ownership Info

100 Summerlake Dr SW has no associated ownership info
100 Summerlake Dr SW has no associated ownership info.

Taxes

100 Summerlake Dr SW has 8 associated Taxes items

1102 Summerlake Dr, Concord, NC pays taxes in Cabarrus County, NC. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $27,178,030. The APN we've located for 1102 Summerlake Dr is 5539 46 4248.

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Taxes
  • Assessed Value:  $27,178,030
  • Assessed Year:  2026
  • Assessed County:  Cabarrus
  • APN:  5539 46 4248
  • Assessed Land Value:  755880
  • Market Land Value:  755880
  • Market Value:  27178030
  • Market Year:  2024

Tax History

100 Summerlake Dr SW has 13 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $27,178,030 Land Value $755,880 Improvement Value $26,422,150 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $27,178,030 Land Value $755,880 Improvement Value $26,422,150 Tax Amount $270,693.19 Change Rate Assessed CR Tax Rate +0.00996%
Year 2024 Assessed Value $27,178,130 Land Value $755,980 Improvement Value $26,422,150 Tax Amount $270,693.19 Change Rate +0.868576% Assessed CR Tax Rate +0.00996%
Year 2023 Assessed Value $11,874,230 Land Value $1,429,440 Improvement Value $10,444,790 Tax Amount $144,866 Change Rate Assessed CR Tax Rate +0.0122%
Year 2022 Assessed Value $11,874,230 Land Value $1,429,440 Improvement Value $10,444,790 Tax Amount $144,866 Change Rate +0.000003% Assessed CR Tax Rate +0.0122%
Year 2021 Assessed Value $12,413,630 Land Value $1,429,440 Improvement Value $10,984,190 Tax Amount $144,865.59 Change Rate -0.043451% Assessed CR Tax Rate +0.01167%
Year 2020 Assessed Value $12,413,630 Land Value $1,429,440 Improvement Value $10,984,190 Tax Amount $151,446 Change Rate +0.332068% Assessed CR Tax Rate +0.0122%
Year 2019 Assessed Value $9,319,050 Land Value $894,930 Improvement Value $8,424,120 Tax Amount $113,692.41 Change Rate +0.033898% Assessed CR Tax Rate +0.0122%
Year 2018 Assessed Value $9,319,050 Land Value $894,930 Improvement Value $8,424,120 Tax Amount $109,964.79 Change Rate Assessed CR Tax Rate +0.0118%
Year 2017 Assessed Value $9,319,050 Land Value $894,930 Improvement Value $8,424,120 Tax Amount $109,964.79 Change Rate Assessed CR Tax Rate +0.0118%
Year 2016 Assessed Value $6,621,460 Land Value $963,720 Improvement Value $5,657,740 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $6,621,460 Land Value $963,720 Improvement Value $5,657,740 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $6,621,460 Land Value $963,720 Improvement Value $5,657,740 Tax Amount Change Rate Assessed CR Tax Rate
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