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1140 Old Trace Rd; Concord, NC Property Details

1140 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 1140 Old Trace Rd has 4 bedrooms, and 3.5 bathrooms, and a total of 3,537 square feet. The lot size of 1140 Old Trace Rd is 9,845 square feet.

Off market
1140 Old Trace Rd NW Concord, NC 28027
$768,250 Estimated Value
4 Beds
3.5 Baths
3,537 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2020
  • Purchase Price: $500,000
  • Open Loans / Balance: 1 / $453,632
  • Est. Equity / %: $294,368 / 39.35%
  • Gross Yield: 6.807%
  • APN: 4680 17 9550
  • Situs County: Cabarrus
  • Length Of Ownership: 5 years, 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • 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

Measurements

  • Total: 3,537/SqFt
  • Lot: 9,845/SqFt
  • Gross: 4,518/SqFt
  • Garage: 679/SqFt
  • Living: 3,537/SqFt
  • Building: 3,537/SqFt
  • Ground: 1,521/SqFt
  • Garage Finished: 679/SqFt
  • Price Per Square Foot: $141.36

Legal Description

  • Description: LT 225 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: 35.406677 / -80.73869
  • Subdivision: Allen Mills
  • Property Class: Residential
  • Zoning: PRD
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 8776
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Mixed
  • Heating: Forced air unit

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

1140 Old Trace Rd NW has no associated ownership info
1140 Old Trace Rd NW has no associated ownership info.

Taxes

1140 Old Trace Rd NW has 8 associated Taxes items

1140 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 $768,250. The APN we've located for 1140 Old Trace Rd is 4680 17 9550.

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Taxes
  • Assessed Value:  $768,250
  • Assessed Year:  2026
  • Assessed County:  Cabarrus
  • APN:  4680 17 9550
  • Assessed Land Value:  160000
  • Market Land Value:  160000
  • Market Value:  768250
  • Market Year:  2024

Tax History

1140 Old Trace Rd NW has 6 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $768,250 Land Value $160,000 Improvement Value $608,250 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $768,250 Land Value $160,000 Improvement Value $608,250 Tax Amount $7,203.57 Change Rate Assessed CR Tax Rate +0.009377%
Year 2024 Assessed Value $768,250 Land Value $160,000 Improvement Value $608,250 Tax Amount $7,203.57 Change Rate +0.361733% Assessed CR Tax Rate +0.009377%
Year 2023 Assessed Value $478,570 Land Value $86,000 Improvement Value $392,570 Tax Amount $5,290 Change Rate Assessed CR Tax Rate +0.011054%
Year 2022 Assessed Value $478,570 Land Value $86,000 Improvement Value $392,570 Tax Amount $5,290 Change Rate -0.093955% Assessed CR Tax Rate +0.011054%
Year 2021 Assessed Value $478,570 Land Value $86,000 Improvement Value $392,570 Tax Amount $5,838.56 Change Rate Assessed CR Tax Rate +0.0122%