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640 Lorain Ave; Concord, NC Property Details

640 Lorain Ave, Concord, NC is a Single Family that was built in 2006. This property is currently a cash purchase and is not for sale. Our records show that 640 Lorain Ave has 4 bedrooms, and 2.5 bathrooms, and a total of 2,823 square feet. The lot size of 640 Lorain Ave is 10,454 square feet.

Off market
640 Lorain Ave NW Concord, NC 28027
$316,000 Listing Price
4 Beds
2.5 Baths
2,823 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2006
  • Purchase Price: $316,000
  • Est. Equity / %: $623,000 / 100%
  • Gross Yield: 6.133%
  • APN: 4670 86 6122
  • Situs County: Cabarrus
  • Length Of Ownership: 8 years, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Floor Cover Type: Ceramic
  • Stories: 2
  • Exterior Wall Type: Asbestos shingle
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Quality: B
  • Roof Type: Irr / Cathedral
  • Porch Type: Open
  • Roof Cover Type: Composition Shingle
  • Patio Type: Patio

Measurements

  • Total: 2,823/SqFt
  • Lot: 10,454/SqFt
  • Gross: 3,572/SqFt
  • Garage: 440/SqFt
  • Living: 2,823/SqFt
  • Building: 2,823/SqFt
  • Ground: 1,337/SqFt
  • Garage Finished: 440/SqFt
  • Price Per Square Foot: $111.94

Legal Description

  • Description: LT 427 WINDING WALK
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Cabarrus County Schools
  • Lat / Lon: 35.402657 / -80.749596
  • Subdivision: Winding Walk
  • Property Class: Residential
  • Zoning: RV
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 8100
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Mixed
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $288
  • H O A Amount: $288
  • H O A One Frequency: Quarterly
  • H O A One Name: Winding Walk Owners Assoc Inc
  • H O A One Type: Home Owner Association

Ownership Info

640 Lorain Ave NW has no associated ownership info
640 Lorain Ave NW has no associated ownership info.

Taxes

640 Lorain Ave NW has 8 associated Taxes items

640 Lorain Ave, 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 $504,140. The APN we've located for 640 Lorain Ave is 4670 86 6122.

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Taxes
  • Assessed Value:  $504,140
  • Assessed Year:  2026
  • Assessed County:  Cabarrus
  • APN:  4670 86 6122
  • Assessed Land Value:  110000
  • Market Land Value:  110000
  • Market Value:  504140
  • Market Year:  2024

Tax History

640 Lorain Ave NW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $504,140 Land Value $110,000 Improvement Value $394,140 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $504,140 Land Value $110,000 Improvement Value $394,140 Tax Amount $5,021.24 Change Rate Assessed CR Tax Rate +0.00996%
Year 2024 Assessed Value $504,140 Land Value $110,000 Improvement Value $394,140 Tax Amount $5,021.24 Change Rate +0.394789% Assessed CR Tax Rate +0.00996%
Year 2023 Assessed Value $295,100 Land Value $76,000 Improvement Value $219,100 Tax Amount $3,600 Change Rate Assessed CR Tax Rate +0.012199%
Year 2022 Assessed Value $295,100 Land Value $76,000 Improvement Value $219,100 Tax Amount $3,600 Change Rate -0.000061% Assessed CR Tax Rate +0.012199%
Year 2021 Assessed Value $295,100 Land Value $76,000 Improvement Value $219,100 Tax Amount $3,600.22 Change Rate +0.000061% Assessed CR Tax Rate +0.0122%
Year 2020 Assessed Value $295,100 Land Value $76,000 Improvement Value $219,100 Tax Amount $3,600 Change Rate +0.054204% Assessed CR Tax Rate +0.012199%
Year 2019 Assessed Value $279,910 Land Value $72,000 Improvement Value $207,910 Tax Amount $3,414.9 Change Rate +0.033897% Assessed CR Tax Rate +0.0122%
Year 2018 Assessed Value $279,910 Land Value $72,000 Improvement Value $207,910 Tax Amount $3,302.94 Change Rate Assessed CR Tax Rate +0.0118%
Year 2017 Assessed Value $279,910 Land Value $72,000 Improvement Value $207,910 Tax Amount $3,302.94 Change Rate +0.685715% Assessed CR Tax Rate +0.0118%
Year 2016 Assessed Value $246,530 Land Value $60,000 Improvement Value $186,530 Tax Amount $1,959.37 Change Rate Assessed CR Tax Rate +0.007948%
Year 2015 Assessed Value $246,530 Land Value $60,000 Improvement Value $186,530 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $246,530 Land Value $60,000 Improvement Value $186,530 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $2,909.05 Change Rate Assessed CR Tax Rate