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1196 Old Trace Rd; Concord, NC Property Details

1196 Old Trace Rd, Concord, NC is a Single Family that was built in 2021. This property is currently Financed,New Construction and is not for sale. Our records show that 1196 Old Trace Rd has 5 bedrooms, and 4.5 bathrooms, and a total of 3,730 square feet. The lot size of 1196 Old Trace Rd is 12,153 square feet.

Off market
1196 Old Trace Rd NW Concord, NC 28027
$797,530 Estimated Value
5 Beds
4.5 Baths
3,730 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2021
  • Purchase Price: $527,000
  • Open Loans / Balance: 1 / $415,990
  • Est. Equity / %: $338,010 / 44.83%
  • Gross Yield: 7.033%
  • APN: 4680 18 0046
  • Situs County: Cabarrus
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 4.5
  • Full Bathrooms: 4
  • 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: 3,730/SqFt
  • Lot: 12,153/SqFt
  • Gross: 4,458/SqFt
  • Garage: 444/SqFt
  • Living: 3,730/SqFt
  • Building: 3,730/SqFt
  • Ground: 1,714/SqFt
  • Garage Finished: 444/SqFt
  • Price Per Square Foot: $141.29

Legal Description

  • Description: LT 235 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: 35.408215 / -80.74172
  • 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

1196 Old Trace Rd NW has no associated ownership info
1196 Old Trace Rd NW has no associated ownership info.

Taxes

1196 Old Trace Rd NW has 8 associated Taxes items

1196 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 $797,530. The APN we've located for 1196 Old Trace Rd is 4680 18 0046.

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Taxes
  • Assessed Value:  $797,530
  • Assessed Year:  2026
  • Assessed County:  Cabarrus
  • APN:  4680 18 0046
  • Assessed Land Value:  160000
  • Market Land Value:  160000
  • Market Value:  797530
  • Market Year:  2024

Tax History

1196 Old Trace Rd NW has 6 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $797,530 Land Value $160,000 Improvement Value $637,530 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $797,530 Land Value $160,000 Improvement Value $637,530 Tax Amount $7,943.4 Change Rate Assessed CR Tax Rate +0.00996%
Year 2024 Assessed Value $797,530 Land Value $160,000 Improvement Value $637,530 Tax Amount $7,943.4 Change Rate +0.422783% Assessed CR Tax Rate +0.00996%
Year 2023 Assessed Value $457,640 Land Value $86,000 Improvement Value $371,640 Tax Amount $5,583 Change Rate Assessed CR Tax Rate +0.0122%
Year 2022 Assessed Value $86,000 Land Value $86,000 Improvement Value Tax Amount $5,583 Change Rate +4.321197% Assessed CR Tax Rate +0.064919%
Year 2021 Assessed Value $86,000 Land Value $86,000 Improvement Value Tax Amount $1,049.2 Change Rate Assessed CR Tax Rate +0.0122%