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1023 Old Trace Rd; Concord, NC Property Details

1023 Old Trace Rd, Concord, NC is a Single Family that was built in 2018. This property is currently Financed,New Construction and is not for sale. Our records show that 1023 Old Trace Rd has 6 bedrooms, and 5.5 bathrooms, and a total of 3,472 square feet. The lot size of 1023 Old Trace Rd is 10,672 square feet.

Off market
1023 Old Trace Rd NW Concord, NC 28027
$884,140 Estimated Value
6 Beds
5.5 Baths
3,472 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2018
  • Purchase Price: $499,500
  • Open Loans / Balance: 3 / $1,003,617
  • Est. Equity / %: $-117,617 / -13.28%
  • Gross Yield: 7.001%
  • APN: 4680 36 2197
  • Situs County: Cabarrus
  • Length Of Ownership: 7 years, 7 months

Rooms

  • Bedrooms: 6
  • Bathrooms: 5.5
  • Full Bathrooms: 5
  • Partial Bathrooms: 1

Structure

  • Floor Cover Type: Hardwood
  • 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: 3,472/SqFt
  • Lot: 10,672/SqFt
  • Gross: 6,199/SqFt
  • Garage: 449/SqFt
  • Living: 3,472/SqFt
  • Basement: 1,717/SqFt
  • Building: 3,472/SqFt
  • Ground: 1,717/SqFt
  • Garage Finished: 449/SqFt
  • Basement Finished: 1,238/SqFt
  • Basement Unfinished: 479/SqFt
  • Price Per Square Foot: $143.87

Legal Description

  • Description: LT 76 ALLEN MILLS
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: 35.403225 / -80.73399
  • Subdivision: Allen Mills
  • Property Class: Residential
  • Zoning: PRD
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 8644
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Mixed
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $185
  • H O A Amount: $185
  • H O A One Frequency: Quarterly
  • H O A One Name: Allen Mills Homeowners Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

1023 Old Trace Rd NW has no associated ownership info
1023 Old Trace Rd NW has no associated ownership info.

Taxes

1023 Old Trace Rd NW has 8 associated Taxes items

1023 Old Trace Rd, 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 $884,140. The APN we've located for 1023 Old Trace Rd is 4680 36 2197.

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Taxes
  • Assessed Value:  $884,140
  • Assessed Year:  2026
  • Assessed County:  Cabarrus
  • APN:  4680 36 2197
  • Assessed Land Value:  160000
  • Market Land Value:  160000
  • Market Value:  884140
  • Market Year:  2024

Tax History

1023 Old Trace Rd NW has 8 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $884,140 Land Value $160,000 Improvement Value $724,140 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $884,140 Land Value $160,000 Improvement Value $724,140 Tax Amount $8,806.04 Change Rate Assessed CR Tax Rate +0.00996%
Year 2024 Assessed Value $884,140 Land Value $160,000 Improvement Value $724,140 Tax Amount $8,806.04 Change Rate +0.45027% Assessed CR Tax Rate +0.00996%
Year 2023 Assessed Value $497,730 Land Value $86,000 Improvement Value $411,730 Tax Amount $6,072 Change Rate Assessed CR Tax Rate +0.012199%
Year 2022 Assessed Value $487,600 Land Value $86,000 Improvement Value $401,600 Tax Amount $6,072 Change Rate +0.020724% Assessed CR Tax Rate +0.012453%
Year 2021 Assessed Value $487,600 Land Value $86,000 Improvement Value $401,600 Tax Amount $5,948.72 Change Rate -0.000047% Assessed CR Tax Rate +0.0122%
Year 2020 Assessed Value $487,600 Land Value $86,000 Improvement Value $401,600 Tax Amount $5,949 Change Rate +0.239855% Assessed CR Tax Rate +0.012201%
Year 2019 Assessed Value $393,290 Land Value $70,000 Improvement Value $323,290 Tax Amount $4,798.14 Change Rate Assessed CR Tax Rate +0.0122%