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7725 Sossamon Ln; Concord, NC Property Details

7725 Sossamon Ln, Concord, NC is a Hotel Or Motel that was built in 2003. This property is currently a cash purchase and is not for sale. Our records show that 7725 Sossamon Ln has a total of 44,651 square feet. The lot size of 7725 Sossamon Ln is 87,120 square feet.

Off market
7725 Sossamon Ln NW Concord, NC 28027
$5,756,160 Estimated Value
44,651 SqFt
Property Type
Hotel Or Motel
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2003
  • Purchase Price: $792,000
  • Open Loans / Balance: 1 / $263,110,870
  • APN: 4599 01 2752
  • Situs County: Cabarrus
  • Length Of Ownership: 19 years, 1 months

Structure

  • Building Style: Wood
  • Floor Cover Type: Vinyl
  • Stories: 2.5
  • 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: 44,651/SqFt
  • Lot: 87,120/SqFt
  • Gross: 44,651/SqFt
  • Living: 44,452/SqFt
  • Building: 44,651/SqFt
  • Ground: 14,971/SqFt
  • Price Per Square Foot: $17.74

Legal Description

  • Description: LT 4 KINGS GRANT
Building Insights

Land Information

  • Property Type: Hotel or Motel
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Cabarrus County Schools
  • Lat / Lon: 35.364025 / -80.70996
  • Subdivision: Concord Mills
  • Property Class: Commercial
  • Zoning: C-2
  • County Use Code: 39

Amenities

  • Heating Fuel Type: Electric
  • Pool: true
  • Plus Four: 3308
  • Bathroom Fixtures: 425
  • Cooling: Wall
  • Garage: Offsite
  • Heating: Heat Pump

Ownership Info

7725 Sossamon Ln NW has no associated ownership info
7725 Sossamon Ln NW has no associated ownership info.

Taxes

7725 Sossamon Ln NW has 8 associated Taxes items

7725 Sossamon 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 $5,756,160. The APN we've located for 7725 Sossamon Ln is 4599 01 2752.

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Taxes
  • Assessed Value:  $5,756,160
  • Assessed Year:  2026
  • Assessed County:  Cabarrus
  • APN:  4599 01 2752
  • Assessed Land Value:  2156220
  • Market Land Value:  2156220
  • Market Value:  5756160
  • Market Year:  2024

Tax History

7725 Sossamon Ln NW has 14 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $5,756,160 Land Value $2,156,220 Improvement Value $3,599,940 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $5,756,160 Land Value $2,156,220 Improvement Value $3,599,940 Tax Amount $57,331.35 Change Rate -0.10988% Assessed CR Tax Rate +0.00996%
Year 2024 Assessed Value $6,466,720 Land Value $2,156,220 Improvement Value $4,310,500 Tax Amount $64,408.53 Change Rate +0.112333% Assessed CR Tax Rate +0.00996%
Year 2023 Assessed Value $4,746,260 Land Value $1,764,180 Improvement Value $2,982,080 Tax Amount $57,904 Change Rate Assessed CR Tax Rate +0.0122%
Year 2022 Assessed Value $4,746,260 Land Value $1,764,180 Improvement Value $2,982,080 Tax Amount $57,904 Change Rate -0.000006% Assessed CR Tax Rate +0.0122%
Year 2021 Assessed Value $4,746,260 Land Value $1,764,180 Improvement Value $2,982,080 Tax Amount $57,904.37 Change Rate +0.000006% Assessed CR Tax Rate +0.0122%
Year 2020 Assessed Value $4,746,260 Land Value $1,764,180 Improvement Value $2,982,080 Tax Amount $57,904 Change Rate +0.394105% Assessed CR Tax Rate +0.0122%
Year 2019 Assessed Value $3,404,500 Land Value $906,050 Improvement Value $2,498,450 Tax Amount $41,534.9 Change Rate +0.033898% Assessed CR Tax Rate +0.0122%
Year 2018 Assessed Value $3,404,500 Land Value $906,050 Improvement Value $2,498,450 Tax Amount $40,173.1 Change Rate Assessed CR Tax Rate +0.0118%
Year 2017 Assessed Value $3,404,500 Land Value $906,050 Improvement Value $2,498,450 Tax Amount $40,173.1 Change Rate +0.685714% Assessed CR Tax Rate +0.0118%
Year 2016 Assessed Value $2,421,430 Land Value $836,350 Improvement Value $1,585,080 Tax Amount $23,831.5 Change Rate Assessed CR Tax Rate +0.009842%
Year 2015 Assessed Value $2,421,430 Land Value $836,350 Improvement Value $1,585,080 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $2,421,430 Land Value $836,350 Improvement Value $1,585,080 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $28,572.87 Change Rate Assessed CR Tax Rate
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