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Single Family ResidenceResidential
$424,556$200 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 91How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $431,500 on May 10, 2024

3940 BACKWATER ST

CONCORD, NC 28027
4
Beds
3
Baths
2,119 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.21 ac
Lot SizeThe size of the land the home sits on, from county records.
2023
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.

Valuation

$425K
$388K low$461K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$431,500 · May 10, 2024

Tax & Assessment

Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$395,170 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$80,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$315,170
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$80,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$395,170

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyCABARRUS
Lot (acres)The size of the land the home sits on, from county records.0.21
RoofThe main material covering the roof, such as asphalt shingle or tile.Wood Shingle
HeatingThe type of heating system in the home.Heat Pump
CoolingThe type of cooling or air conditioning in the home.Central
GarageWhether the property has a garage, and details like whether it is attached to the home.Mixed
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 120 ft²Porch · 64 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Northwest Cabarrus High SchoolB
High · Grades 9–12 · 0.9 mi
E
Charles E. Boger Elementary SchoolA
Elementary · Grades PK–5 · 1.1 mi
M
Northwest Cabarrus Middle SchoolB+
Middle · Grades 6–8 · 1.1 mi

District: Cabarrus County Schools

Neighborhood · ZIP 28027These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.81
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.85
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.69

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.30%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.5.4%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.83,688
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,193 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$89,697
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$108,907
Average tempThe average temperature here across a full year.60°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.63%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

3940 Backwater St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Has a smaller lot than 69% of homes in Cabarrus County
  • Newer than 96% of homes in Cabarrus County

What homes are worth in Concord 28027

Each bar is how many homes fall in that price range. The marker is this home.

This home
$138K$957K

This home is worth more than 50% of homes in Concord 28027.

How it measures up in Concord 28027

The dot is this home. The mark in the middle is the typical home in Concord 28027.

Estimated value$424,556
CheaperTypical $421,750Pricier

Pricier than 50% of homes nearby

Price per ft²$200
CheaperTypical $209Pricier

Pricier than 41% of homes nearby

Living area2,119 ft²
SmallerTypical 1,992 ft²Bigger

Bigger than 55% of homes nearby

Lot size0.21 ac
SmallerTypical 0.24 acBigger

Bigger than 40% of homes nearby

Year built2023
OlderTypical 2002Newer

Newer than 95% of homes nearby

How 3940 Backwater St ranks against every home in each area.
MeasureThis homeConcord 28027Cabarrus County
Estimated valuepricier than$424,55650% of homes59% of homes
Price per ft²pricier than$20041% of homes50% of homes
Living areabigger than2,119 ft²55% of homes60% of homes
Lot sizebigger than0.21 ac40% of homes31% of homes
Year builtnewer than202395% of homes96% of homes

About 3940 Backwater St

How much is 3940 Backwater St, Concord, NC worth?

The TopHap Estimate for 3940 Backwater St, Concord, NC is $424,556 as of Sep 24, 2026. The likely range is $388,264 to $460,848. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 3940 Backwater St, Concord, NC last sell?

3940 Backwater St, Concord, NC last sold on May 10, 2024 for $431,500, according to the county's recorded deed.

How big is 3940 Backwater St, Concord, NC?

3940 Backwater St, Concord, NC has 4 bedrooms, 3 bathrooms, 2,119 square feet of living space and a 0.21-acre lot.

When was 3940 Backwater St, Concord, NC built?

3940 Backwater St, Concord, NC was built in 2023, making it 3 years old. The building has 2 stories.

What schools serve 3940 Backwater St, Concord, NC?

3940 Backwater St, Concord, NC is assigned to Northwest Cabarrus High School (high), rated B; Charles E. Boger Elementary School (elementary), rated A; Northwest Cabarrus Middle School (middle), rated B+. All sit in Cabarrus County Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 3940 Backwater St, Concord, NC compare to other homes in Concord 28027?

Among the 25,576 homes in Concord 28027, it is worth more than 50% of them ($424,556 against a typical $421,750), its price per square foot is higher than 41% of them ($200 against a typical $209), it is bigger than 55% of them (2,119 ft² against a typical 1,992 ft²), its lot is bigger than 40% of them (0.21 ac against a typical 0.24 ac) and it is newer than 95% of them (2023 against a typical 2002). Measured against all of Cabarrus County, it is worth more than 59% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

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Assigned schools

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