Taxes
- Assessed Value: $8,348,030
- Assessed Year: 2026
- Assessed County: Cabarrus
- APN: 5527 53 1807
- Assessed Land Value: 288080
- Market Land Value: 288080
- Market Value: 8348030
- Market Year: 2024
1195 Drake Mill Ln; Concord, NC Property Details
Off market
1195 Drake Mill Ln SW Concord, NC 28025
$8,348,030 Estimated Value
38,274 SqFt
Property Type
Convalescent/nursing HomeProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 2021
- Purchase Price: $10,191,500
- Open Loans / Balance: 1 / $13,052,234
- APN: 5527 53 1807
- Situs County: Cabarrus
- Length Of Ownership: 2 years, 2 months
Structure
- Building Style: Wood
- Floor Cover Type: Softwood
- Stories: 1
- Exterior Wall Type: Other
- Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
- Building Quality: B
- Roof Type: Wood Truss
- Porch Type: Open
- Roof Cover Type: Wood Shake/ Shingles
Measurements
- Total: 38,274/SqFt
- Lot: 665,989/SqFt
- Gross: 38,274/SqFt
- Living: 37,072/SqFt
- Building: 38,274/SqFt
- Ground: 37,072/SqFt
- Price Per Square Foot: $266.28
Legal Description
- Description: LT 1A ROCKY RIVER PROJECT
Building Insights
Land Information
- Property Type: Convalescent/Nursing Home
- Within Flood Zone: True
- Flood Zone: AE / High Risk
- School District: Cabarrus County Schools
- Lat / Lon: 35.316418 / -80.59202
- Subdivision: The Mills At Rocky River
- Property Class: Exempt
- Zoning: PUD
- County Use Code: 74R
Amenities
- Heating Fuel Type: Gas
- Plus Four: 8561
- Bathroom Fixtures: 146
- Cooling: Central
- Garage: Offsite
- Heating: Forced air unit
Ownership Info
1195 Drake Mill Ln SW has no associated ownership info
1195 Drake Mill Ln SW has no associated ownership info.
Taxes
1195 Drake Mill Ln SW has 8 associated Taxes items
1195 Drake Mill Ln, 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 $8,348,030. The APN we've located for 1195 Drake Mill Ln is 5527 53 1807.
Unlock the full reportTax History
1195 Drake Mill Ln SW has 7 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value $8,348,030 | Land Value $288,080 | Improvement Value $8,059,950 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2025 | Assessed Value $8,348,030 | Land Value $288,080 | Improvement Value $8,059,950 | Tax Amount $83,146.38 | Change Rate | Assessed CR | Tax Rate +0.00996% |
| Year 2024 | Assessed Value $8,348,030 | Land Value $288,080 | Improvement Value $8,059,950 | Tax Amount $83,146.38 | Change Rate -0.205185% | Assessed CR | Tax Rate +0.00996% |
| Year 2023 | Assessed Value $7,208,300 | Land Value $227,670 | Improvement Value $6,980,630 | Tax Amount $104,611 | Change Rate | Assessed CR | Tax Rate +0.014513% |
| Year 2022 | Assessed Value $2,391,140 | Land Value $228,980 | Improvement Value $2,162,160 | Tax Amount $104,611 | Change Rate +2.586018% | Assessed CR | Tax Rate +0.043749% |
| Year 2021 | Assessed Value $2,391,140 | Land Value $228,980 | Improvement Value $2,162,160 | Tax Amount $29,171.91 | Change Rate +11.154963% | Assessed CR | Tax Rate +0.0122% |
| Year 2020 | Assessed Value $196,700 | Land Value $196,700 | Improvement Value | Tax Amount $2,400 | Change Rate | Assessed CR | Tax Rate +0.012201% |