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693 Studio Ln

Concord, NC 28027

3 bd 3 ba 1,803 sqft Built 2016 townhomes
Most recent sale
$410,000
Aug 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 12, 2022 Sold $410,000 MLS #3875714
Jun 26, 2022 Listed $425,000 MLS #3875714
Nov 4, 2016 Sold $239,630 MLS #3190841
Jun 27, 2016 Listed $238,165 MLS #3190841

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $286,760 $75,000 $361,760 $3,603
2023 $196,900 $56,000 $252,900 $3,085
2022 $196,900 $56,000 $252,900 $3,085
2021 $196,900 $56,000 $252,900 $3,085
2020 $196,900 $56,000 $252,900 $3,085
2019 $175,590 $50,000 $225,590 $2,752
2018 $175,590 $50,000 $225,590 $2,707
2017 $175,590 $50,000 $225,590 $2,662
2016 $50,000 $50,000 $350

Property facts

Year built
2016
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,803 sqft
Lot size
ZIP code
28027
City
Concord
Street
Studio Ln
Coordinates
35.40065, -80.75899

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,434
Gross rental yield
7.12%
Implied cap rate
4.63%
Trend-extrapolated value

Frequently asked questions

When did 693 Studio Ln last sell?
693 Studio Ln most recently sold on Aug 12, 2022 for $410,000.
What is the current tax assessment for 693 Studio Ln?
The most recent total assessment for 693 Studio Ln (year 2025) is $361,760 with $3,603 in property tax.
How does 693 Studio Ln's assessment compare to its last sale price?
The current assessment is 11.8% below the last sale price of $410,000.
When was 693 Studio Ln built?
693 Studio Ln was built in 2016.
How does 693 Studio Ln compare to others on Studio Ln?
We track 2 other properties on Studio Ln. Browse the list under "Other properties on Studio Ln" to compare beds, baths, and sale history.
What are the property facts for 693 Studio Ln?
693 Studio Ln is a 3 bed, 3 bath, 1,803 sqft townhomes.
Is 693 Studio Ln a flip candidate?
No — 693 Studio Ln does not appear in our flips dataset.
Is 693 Studio Ln a tax-appeal candidate?
No — 693 Studio Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-18.6%
Implied 1-yr
-74.4%
2026 Q3
$352.4K
2026 Q4
$352.4K
ZIP 28027 — Median Price History + Forecast

Explore nearby

Other properties on Studio Ln