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348 Penny Ln; Concord, NC Property Details

348 Penny Ln, Concord, NC is a Medical Bldg that was built in 1993. This property is currently a cash purchase and is not for sale. Our records show that 348 Penny Ln has a total of 10,432 square feet. The lot size of 348 Penny Ln is 117,176 square feet.

Off market
348 Penny Ln Concord, NC 28025
$800,250 Estimated Value
10,432 SqFt
Property Type
Medical Bldg
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1993
  • Purchase Price: $700,000
  • Open Loans / Balance: 1 / $1,364,667
  • APN: 5622 50 1762
  • Situs County: Cabarrus
  • Length Of Ownership: 7 years, 2 months

Structure

  • Building Style: Steel
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Brick
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Quality: C
  • Roof Type: Steel Frame / Truss
  • Porch Type: Open
  • Roof Cover Type: Metal

Measurements

  • Total: 10,432/SqFt
  • Lot: 117,176/SqFt
  • Gross: 10,432/SqFt
  • Living: 10,240/SqFt
  • Building: 10,432/SqFt
  • Ground: 10,240/SqFt
  • Price Per Square Foot: $67.10

Legal Description

  • Description: LT 2B CABARRUS PROFESSIONAL PARK
Building Insights

Land Information

  • Property Type: Medical Bldg
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Cabarrus County Schools
  • Lat / Lon: 35.444763 / -80.59461
  • Subdivision: Ne Medical Center
  • Property Class: Office
  • Zoning: C-2
  • County Use Code: 19

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1216
  • Bathroom Fixtures: 12
  • Cooling: Central
  • Garage: Offsite
  • Heating: Forced air unit

Ownership Info

348 Penny Ln has no associated ownership info
348 Penny Ln has no associated ownership info.

Taxes

348 Penny Ln has 8 associated Taxes items

348 Penny Ln, 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 $800,250. The APN we've located for 348 Penny Ln is 5622 50 1762.

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Taxes
  • Assessed Value:  $800,250
  • Assessed Year:  2026
  • Assessed County:  Cabarrus
  • APN:  5622 50 1762
  • Assessed Land Value:  386680
  • Market Land Value:  386680
  • Market Value:  800250
  • Market Year:  2024

Tax History

348 Penny Ln has 14 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $800,250 Land Value $386,680 Improvement Value $413,570 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $800,250 Land Value $386,680 Improvement Value $413,570 Tax Amount $7,970.49 Change Rate Assessed CR Tax Rate +0.00996%
Year 2024 Assessed Value $800,250 Land Value $386,680 Improvement Value $413,570 Tax Amount $7,970.49 Change Rate -0.066359% Assessed CR Tax Rate +0.00996%
Year 2023 Assessed Value $699,770 Land Value $351,530 Improvement Value $348,240 Tax Amount $8,537 Change Rate Assessed CR Tax Rate +0.0122%
Year 2022 Assessed Value $699,770 Land Value $351,530 Improvement Value $348,240 Tax Amount $8,537 Change Rate Assessed CR Tax Rate +0.0122%
Year 2021 Assessed Value $699,770 Land Value $351,530 Improvement Value $348,240 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $699,770 Land Value $351,530 Improvement Value $348,240 Tax Amount $8,537 Change Rate -0.194203% Assessed CR Tax Rate +0.0122%
Year 2019 Assessed Value $1,549,540 Land Value $790,940 Improvement Value $758,600 Tax Amount $10,594.48 Change Rate Assessed CR Tax Rate +0.006837%
Year 2018 Assessed Value $1,549,540 Land Value $790,940 Improvement Value $758,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $1,549,540 Land Value $790,940 Improvement Value $758,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $1,875,100 Land Value $1,148,330 Improvement Value $726,770 Tax Amount $10,846.78 Change Rate Assessed CR Tax Rate +0.005785%
Year 2015 Assessed Value $1,875,100 Land Value $1,148,330 Improvement Value $726,770 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $1,875,100 Land Value $1,148,330 Improvement Value $726,770 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $22,126.18 Change Rate Assessed CR Tax Rate
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