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1123 Old Trace Rd; Concord, NC Property Details

1123 Old Trace Rd, Concord, NC is a Single Family that was built in 2020. This property is currently Financed,New Construction and is not for sale. Our records show that 1123 Old Trace Rd has 5 bedrooms, and 4 bathrooms, and a total of 2,971 square feet. The lot size of 1123 Old Trace Rd is 8,320 square feet.

Off market
1123 Old Trace Rd NW Concord, NC 28027
$716,660 Estimated Value
5 Beds
4 Baths
2,971 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2020
  • Purchase Price: $502,000
  • Open Loans / Balance: 2 / $547,797
  • Est. Equity / %: $198,203 / 26.57%
  • Gross Yield: 6.24%
  • APN: 4680 27 0291
  • Situs County: Cabarrus
  • Length Of Ownership: 5 years, 5 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full Bathrooms: 4

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

Measurements

  • Total: 2,971/SqFt
  • Lot: 8,320/SqFt
  • Gross: 3,731/SqFt
  • Garage: 477/SqFt
  • Living: 2,971/SqFt
  • Building: 2,971/SqFt
  • Ground: 1,251/SqFt
  • Garage Finished: 477/SqFt
  • Price Per Square Foot: $168.97

Legal Description

  • Description: LT 257 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: 35.40603 / -80.73811
  • Subdivision: Allen Mills
  • Property Class: Residential
  • Zoning: PRD
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 8776
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Mixed
  • Heating: Heat Pump

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

1123 Old Trace Rd NW has no associated ownership info
1123 Old Trace Rd NW has no associated ownership info.

Taxes

1123 Old Trace Rd NW has 8 associated Taxes items

1123 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 $716,660. The APN we've located for 1123 Old Trace Rd is 4680 27 0291.

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Taxes
  • Assessed Value:  $716,660
  • Assessed Year:  2026
  • Assessed County:  Cabarrus
  • APN:  4680 27 0291
  • Assessed Land Value:  160000
  • Market Land Value:  160000
  • Market Value:  716660
  • Market Year:  2024

Tax History

1123 Old Trace Rd NW has 6 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $716,660 Land Value $160,000 Improvement Value $556,660 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $716,660 Land Value $160,000 Improvement Value $556,660 Tax Amount $7,137.93 Change Rate Assessed CR Tax Rate +0.00996%
Year 2024 Assessed Value $716,660 Land Value $160,000 Improvement Value $556,660 Tax Amount $7,137.93 Change Rate +0.339702% Assessed CR Tax Rate +0.00996%
Year 2023 Assessed Value $436,700 Land Value $86,000 Improvement Value $350,700 Tax Amount $5,328 Change Rate Assessed CR Tax Rate +0.012201%
Year 2022 Assessed Value $302,440 Land Value $86,000 Improvement Value $216,440 Tax Amount $5,328 Change Rate +0.443992% Assessed CR Tax Rate +0.017617%
Year 2021 Assessed Value $302,440 Land Value $86,000 Improvement Value $216,440 Tax Amount $3,689.77 Change Rate Assessed CR Tax Rate +0.0122%