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116 Cumberland Ct; Concord, NC Property Details

116 Cumberland Ct, Concord, NC is a Single Family that was built in 2022. This property is currently Financed and is not for sale. Our records show that 116 Cumberland Ct has 3 bedrooms, and 2.5 bathrooms, and a total of 1,568 square feet. The lot size of 116 Cumberland Ct is 33,018 square feet.

Off market
116 Cumberland Ct SW Concord, NC 28025
$324,900 Listing Price
3 Beds
2.5 Baths
1,568 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2022
  • Purchase Price: $325,000
  • Open Loans / Balance: 1 / $242,771
  • Est. Equity / %: $112,229 / 31.61%
  • Gross Yield: 8.268%
  • APN: 5539 57 9177
  • Situs County: Cabarrus
  • Length Of Ownership: 3 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Floor Cover Type: Softwood
  • Stories: 1.5
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Quality: C
  • Roof Type: Gable
  • Porch Type: Open
  • Roof Cover Type: Composition Shingle
  • Deck: true

Measurements

  • Total: 1,568/SqFt
  • Lot: 33,018/SqFt
  • Gross: 1,954/SqFt
  • Garage: 242/SqFt
  • Living: 1,568/SqFt
  • Building: 1,568/SqFt
  • Ground: 784/SqFt
  • Garage Finished: 242/SqFt
  • Price Per Square Foot: $207.27

Legal Description

  • Description: LT 22 DAVIS LAND GROUP LLC
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: 35.380856 / -80.55685
  • Subdivision: Paddington Dr
  • Property Class: Residential
  • Zoning: RM-1
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 5804
  • Cooling: Central
  • Garage: Mixed
  • Heating: Heat Pump

HOA

  • H O A One: $110
  • H O A Amount: $110
  • H O A One Frequency: Annual
  • H O A One Name: Charing Place Homeowners Assoc
  • H O A One Type: Home Owner Association

Ownership Info

116 Cumberland Ct SW has no associated ownership info
116 Cumberland Ct SW has no associated ownership info.

Taxes

116 Cumberland Ct SW has 8 associated Taxes items

116 Cumberland Ct, 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 $319,860. The APN we've located for 116 Cumberland Ct is 5539 57 9177.

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Taxes
  • Assessed Value:  $319,860
  • Assessed Year:  2026
  • Assessed County:  Cabarrus
  • APN:  5539 57 9177
  • Assessed Land Value:  65000
  • Market Land Value:  65000
  • Market Value:  319860
  • Market Year:  2024

Tax History

116 Cumberland Ct SW has 4 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $319,860 Land Value $65,000 Improvement Value $254,860 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $319,860 Land Value $65,000 Improvement Value $254,860 Tax Amount $3,185.8 Change Rate Assessed CR Tax Rate +0.00996%
Year 2024 Assessed Value $319,860 Land Value $65,000 Improvement Value $254,860 Tax Amount $3,185.8 Change Rate +61.466667% Assessed CR Tax Rate +0.00996%
Year 2023 Assessed Value $217,420 Land Value $38,000 Improvement Value $179,420 Tax Amount $51 Change Rate Assessed CR Tax Rate +0.000235%