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Single Family ResidenceResidential
$546,038$182 / 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 94How 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 $402,000 on Apr 23, 2021

7123 WATERWHEEL ST SW

CONCORD, NC 28025
5
Beds
3
Baths
3,006 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.
0.24 ac
Lot SizeThe size of the land the home sits on, from county records.
2021
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.

Valuation

$546K
$513K low$580K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$402,000 · Apr 23, 2021

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.$512,460 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$100,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$412,460
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$512,460
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$512,460

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.0.24
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
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 · 255 ft²Porch · 120 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.

E
Patriots STEM Elementary SchoolB+
Elementary · Grades KG–5 · 0.8 mi
M
C. C. Griffin STEM Middle SchoolC+
Middle · Grades 6–8 · 0.8 mi
H
Hickory Ridge High SchoolA-
High · Grades 9–12 · 2.9 mi

District: Cabarrus County Schools

Neighborhood · ZIP 28025These 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.103
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.88
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.66

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.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.22%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.7%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.64,954
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.605 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$77,119
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$97,044
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

7123 Waterwheel St Sw 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.

  • Worth more than 88% of homes in Concord 28025
  • Costs less per square foot than 67% of homes in Cabarrus County
  • Bigger than 90% of homes in Concord 28025
  • Has a bigger lot than 69% of homes in The Mills at Rocky River
  • Newer than 96% of homes in Concord 28025

What homes are worth in Concord 28025

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

This home
$104K$791K

This home is worth more than 88% of homes in Concord 28025.

How it measures up in Concord 28025

The dot is this home. The mark in the middle is the typical home in Concord 28025.

Estimated value$546,038
CheaperTypical $327,326Pricier

Pricier than 88% of homes nearby

Price per ft²$182
CheaperTypical $191Pricier

Pricier than 42% of homes nearby

Living area3,006 ft²
SmallerTypical 1,680 ft²Bigger

Bigger than 90% of homes nearby

Lot size0.24 ac
SmallerTypical 0.34 acBigger

Bigger than 36% of homes nearby

Year built2021
OlderTypical 1992Newer

Newer than 96% of homes nearby

How 7123 Waterwheel St Sw ranks against every home in each area.
MeasureThis homeThe Mills at Rocky RiverConcord 28025Cabarrus County
Estimated valuepricier than$546,03867% of homes88% of homes77% of homes
Price per ft²pricier than$18251% of homes42% of homes33% of homes
Living areabigger than3,006 ft²65% of homes90% of homes84% of homes
Lot sizebigger than0.24 ac69% of homes36% of homes39% of homes
Year builtnewer than202192% of homes96% of homes93% of homes

About 7123 Waterwheel St Sw

How much is 7123 Waterwheel St Sw, Concord, NC worth?

The TopHap Estimate for 7123 Waterwheel St Sw, Concord, NC is $546,038 as of Sep 24, 2026. The likely range is $512,513 to $579,563. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 7123 Waterwheel St Sw, Concord, NC last sell?

7123 Waterwheel St Sw, Concord, NC last sold on Apr 23, 2021 for $402,000, according to the county's recorded deed.

How big is 7123 Waterwheel St Sw, Concord, NC?

7123 Waterwheel St Sw, Concord, NC has 5 bedrooms, 3 bathrooms, 3,006 square feet of living space and a 0.24-acre lot.

When was 7123 Waterwheel St Sw, Concord, NC built?

7123 Waterwheel St Sw, Concord, NC was built in 2021, making it 5 years old. The building has 2 stories.

What schools serve 7123 Waterwheel St Sw, Concord, NC?

7123 Waterwheel St Sw, Concord, NC is assigned to Patriots STEM Elementary School (elementary), rated B+; C. C. Griffin STEM Middle School (middle), rated C+; Hickory Ridge High School (high), rated A-. All sit in Cabarrus County Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 7123 Waterwheel St Sw, Concord, NC compare to other homes in Concord 28025?

Among the 21,099 homes in Concord 28025, it is worth more than 88% of them ($546,038 against a typical $327,326), its price per square foot is higher than 42% of them ($182 against a typical $191), it is bigger than 90% of them (3,006 ft² against a typical 1,680 ft²), its lot is bigger than 36% of them (0.24 ac against a typical 0.34 ac) and it is newer than 96% of them (2021 against a typical 1992). Measured against all of Cabarrus County, it is worth more than 77% 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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