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2284 Drake Mill Ln; Concord, NC Property Details

2284 Drake Mill Ln, Concord, NC is a Single Family that was built in 2014. This property is currently Financed and is not for sale. Our records show that 2284 Drake Mill Ln has 5 bedrooms, and 3 bathrooms, and a total of 3,232 square feet. The lot size of 2284 Drake Mill Ln is 10,019 square feet.

Off market
2284 Drake Mill Ln SW Concord, NC 28025
$519,000 Listing Price
5 Beds
3 Baths
3,232 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2014
  • Purchase Price: $519,000
  • Open Loans / Balance: 1 / $220,401
  • Est. Equity / %: $318,599 / 59.11%
  • Gross Yield: 7.218%
  • APN: 5527 93 4068
  • Situs County: Cabarrus
  • Length Of Ownership: 4 years

Rooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full Bathrooms: 3

Structure

  • Floor Cover Type: Hardwood
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Quality: B
  • Roof Type: Gable
  • Porch Type: Open
  • Roof Cover Type: Composition Shingle
  • Patio Type: Patio

Measurements

  • Total: 3,232/SqFt
  • Lot: 10,019/SqFt
  • Gross: 3,820/SqFt
  • Garage: 440/SqFt
  • Living: 3,232/SqFt
  • Building: 3,232/SqFt
  • Ground: 1,536/SqFt
  • Garage Finished: 440/SqFt
  • Price Per Square Foot: $160.58

Legal Description

  • Description: LT 421 THE 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: 35.31437 / -80.57725
  • Subdivision: The Mills At Rocky River
  • Property Class: Residential
  • Zoning: PUD
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 8550
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Mixed
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $230
  • H O A Amount: $230
  • H O A One Frequency: Quarterly
  • H O A One Name: Mills At Rocky River Townhome Association Inc
  • H O A One Type: Home Owner Association
  • H O A Two Name: Mills At Rocky River Property Owners Association Inc
  • H O A Two Type: Home Owner Association

Ownership Info

2284 Drake Mill Ln SW has no associated ownership info
2284 Drake Mill Ln SW has no associated ownership info.

Taxes

2284 Drake Mill Ln SW has 8 associated Taxes items

2284 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 $504,520. The APN we've located for 2284 Drake Mill Ln is 5527 93 4068.

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Taxes
  • Assessed Value:  $504,520
  • Assessed Year:  2026
  • Assessed County:  Cabarrus
  • APN:  5527 93 4068
  • Assessed Land Value:  100000
  • Market Land Value:  100000
  • Market Value:  504520
  • Market Year:  2024

Tax History

2284 Drake Mill Ln SW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $504,520 Land Value $100,000 Improvement Value $404,520 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $504,520 Land Value $100,000 Improvement Value $404,520 Tax Amount $5,025.02 Change Rate Assessed CR Tax Rate +0.00996%
Year 2024 Assessed Value $504,520 Land Value $100,000 Improvement Value $404,520 Tax Amount $5,025.02 Change Rate +0.240746% Assessed CR Tax Rate +0.00996%
Year 2023 Assessed Value $331,990 Land Value $60,000 Improvement Value $271,990 Tax Amount $4,050 Change Rate Assessed CR Tax Rate +0.012199%
Year 2022 Assessed Value $331,990 Land Value $60,000 Improvement Value $271,990 Tax Amount $4,050 Change Rate -0.000069% Assessed CR Tax Rate +0.012199%
Year 2021 Assessed Value $331,990 Land Value $60,000 Improvement Value $271,990 Tax Amount $4,050.28 Change Rate +0.000069% Assessed CR Tax Rate +0.0122%
Year 2020 Assessed Value $331,990 Land Value $60,000 Improvement Value $271,990 Tax Amount $4,050 Change Rate +0.163532% Assessed CR Tax Rate +0.012199%
Year 2019 Assessed Value $285,310 Land Value $35,000 Improvement Value $250,310 Tax Amount $3,480.78 Change Rate +0.033897% Assessed CR Tax Rate +0.0122%
Year 2018 Assessed Value $285,310 Land Value $35,000 Improvement Value $250,310 Tax Amount $3,366.66 Change Rate Assessed CR Tax Rate +0.0118%
Year 2017 Assessed Value $285,310 Land Value $35,000 Improvement Value $250,310 Tax Amount $3,366.66 Change Rate +0.685715% Assessed CR Tax Rate +0.0118%
Year 2016 Assessed Value $217,780 Land Value $25,000 Improvement Value $192,780 Tax Amount $1,997.17 Change Rate Assessed CR Tax Rate +0.009171%
Year 2015 Assessed Value $25,000 Land Value $25,000 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $25,000 Land Value $25,000 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate