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224 Lake Concord Rd; Concord, NC Property Details

224 Lake Concord Rd, Concord, NC is a Garden Apt 5+ Units that was built in 1991. This property is currently a cash purchase and is not for sale. Our records show that 224 Lake Concord Rd has a total of 18,288 square feet. The lot size of 224 Lake Concord Rd is 411,642 square feet.

Off market
224 Lake Concord Rd NE Concord, NC 28025
$20,315,810 Estimated Value
18,288 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: 1991
  • Purchase Price: $24,750,000
  • Open Loans: 1
  • APN: 5621 49 0155
  • Situs County: Cabarrus
  • Length Of Ownership: 4 years, 4 months

Structure

  • Building Style: Wood
  • Floor Cover Type: Softwood
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • 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

Measurements

  • Total: 18,288/SqFt
  • Lot: 411,642/SqFt
  • Gross: 18,288/SqFt
  • Living: 14,112/SqFt
  • Building: 18,288/SqFt
  • Ground: 4,704/SqFt
  • Price Per Square Foot: $1353.35

Legal Description

  • Description: EAST SIDE LAKE CONCORD RD
Building Insights

Land Information

  • Property Type: Garden Apt 5+ Units
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Cabarrus County Schools
  • Lat / Lon: 35.440018 / -80.598885
  • Subdivision: Northgate North
  • Property Class: Residential
  • Zoning: RC
  • County Use Code: 60

Amenities

  • Heating Fuel Type: Electric
  • Pool: true
  • Bathroom Fixtures: 72
  • Cooling: Central
  • Garage: Offsite
  • Heating: Forced air unit

HOA

  • H O A One: $180
  • H O A Amount: $180
  • H O A One Frequency: Monthly
  • H O A One Name: Woodridge Condos
  • H O A One Type: Condo Owner Association
  • H O A Two Name: Candlewood Square Condos
  • H O A Two Type: Condo Owner Association

Ownership Info

224 Lake Concord Rd NE has no associated ownership info
224 Lake Concord Rd NE has no associated ownership info.

Taxes

224 Lake Concord Rd NE has 8 associated Taxes items

224 Lake Concord Rd, 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 $20,315,810. The APN we've located for 224 Lake Concord Rd is 5621 49 0155.

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Taxes
  • Assessed Value:  $20,315,810
  • Assessed Year:  2026
  • Assessed County:  Cabarrus
  • APN:  5621 49 0155
  • Assessed Land Value:  361390
  • Market Land Value:  361390
  • Market Value:  20315810
  • Market Year:  2024

Tax History

224 Lake Concord Rd NE has 14 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $20,315,810 Land Value $361,390 Improvement Value $19,954,420 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $20,315,810 Land Value $361,390 Improvement Value $19,954,420 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $20,315,810 Land Value $361,390 Improvement Value $19,954,420 Tax Amount $202,345.47 Change Rate +0.72335% Assessed CR Tax Rate +0.00996%
Year 2023 Assessed Value $9,624,120 Land Value $235,590 Improvement Value $9,388,530 Tax Amount $117,414 Change Rate Assessed CR Tax Rate +0.0122%
Year 2022 Assessed Value $9,624,120 Land Value $235,590 Improvement Value $9,388,530 Tax Amount $117,414 Change Rate -0.000002% Assessed CR Tax Rate +0.0122%
Year 2021 Assessed Value $9,624,120 Land Value $235,590 Improvement Value $9,388,530 Tax Amount $117,414.27 Change Rate +0.000002% Assessed CR Tax Rate +0.0122%
Year 2020 Assessed Value $9,624,120 Land Value $235,590 Improvement Value $9,388,530 Tax Amount $117,414 Change Rate +0.545764% Assessed CR Tax Rate +0.0122%
Year 2019 Assessed Value $6,226,110 Land Value $460,120 Improvement Value $5,765,990 Tax Amount $75,958.54 Change Rate +0.033898% Assessed CR Tax Rate +0.0122%
Year 2018 Assessed Value $6,226,110 Land Value $460,120 Improvement Value $5,765,990 Tax Amount $73,468.1 Change Rate Assessed CR Tax Rate +0.0118%
Year 2017 Assessed Value $6,991,950 Land Value $460,120 Improvement Value $6,531,830 Tax Amount $73,468.1 Change Rate +0.501075% Assessed CR Tax Rate +0.010508%
Year 2016 Assessed Value $5,455,120 Land Value $653,180 Improvement Value $4,801,940 Tax Amount $48,943.65 Change Rate Assessed CR Tax Rate +0.008972%
Year 2015 Assessed Value $5,455,120 Land Value $653,180 Improvement Value $4,801,940 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $5,455,120 Land Value $653,180 Improvement Value $4,801,940 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $64,370.42 Change Rate Assessed CR Tax Rate
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