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2303 Drake Mill Ln; Concord, NC Property Details

2303 Drake Mill Ln, Concord, NC is a Single Family that was built in 2015. This property is currently a cash purchase and is not for sale. Our records show that 2303 Drake Mill Ln has 3 bedrooms, and 2.5 bathrooms, and a total of 2,708 square feet. The lot size of 2303 Drake Mill Ln is 9,148 square feet.

Off market
2303 Drake Mill Ln SW Concord, NC 28025
$480,000 Listing Price
3 Beds
2.5 Baths
2,708 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2015
  • Purchase Price: $480,000
  • Est. Equity / %: $496,000 / 100%
  • Gross Yield: 8.023%
  • APN: 5527 93 8210
  • Situs County: Cabarrus
  • Length Of Ownership: 3 years, 2 months

Rooms

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

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: Screened
  • Roof Cover Type: Composition Shingle
  • Patio Type: Patio

Measurements

  • Total: 2,708/SqFt
  • Lot: 9,148/SqFt
  • Gross: 3,466/SqFt
  • Garage: 440/SqFt
  • Living: 2,708/SqFt
  • Building: 2,708/SqFt
  • Ground: 1,264/SqFt
  • Garage Finished: 440/SqFt
  • Price Per Square Foot: $177.25

Legal Description

  • Description: LT 493 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: 35.314655 / -80.576225
  • Subdivision: The Mills At Rocky River
  • Property Class: Residential
  • Zoning: PUD
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 8552
  • Cooling: Central
  • 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

2303 Drake Mill Ln SW has no associated ownership info
2303 Drake Mill Ln SW has no associated ownership info.

Taxes

2303 Drake Mill Ln SW has 10 associated Taxes items

2303 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 $485,120. The APN we've located for 2303 Drake Mill Ln is 5527 93 8210.

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Taxes
  • Assessed Value:  $485,120
  • Assessed Year:  2026
  • Assessed County:  Cabarrus
  • APN:  5527 93 8210
  • Assessed Land Value:  100000
  • Market Land Value:  100000
  • Tax Amount:  5147.61
  • Tax Year:  2025
  • Market Value:  485120
  • Market Year:  2024

Tax History

2303 Drake Mill Ln SW has 10 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $485,120 Land Value $100,000 Improvement Value $385,120 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $5,147.61 Change Rate +0.065363% Assessed CR Tax Rate
Year 2024 Assessed Value $485,120 Land Value $100,000 Improvement Value $385,120 Tax Amount $4,831.79 Change Rate +0.260577% Assessed CR Tax Rate +0.00996%
Year 2023 Assessed Value $314,150 Land Value $60,000 Improvement Value $254,150 Tax Amount $3,833 Change Rate Assessed CR Tax Rate +0.012201%
Year 2022 Assessed Value $297,050 Land Value $60,000 Improvement Value $237,050 Tax Amount $3,833 Change Rate +0.057668% Assessed CR Tax Rate +0.012904%
Year 2021 Assessed Value $297,050 Land Value $60,000 Improvement Value $237,050 Tax Amount $3,624.01 Change Rate +0.0246% Assessed CR Tax Rate +0.0122%
Year 2020 Assessed Value $289,950 Land Value $60,000 Improvement Value $229,950 Tax Amount $3,537 Change Rate +0.131297% Assessed CR Tax Rate +0.012199%
Year 2019 Assessed Value $256,270 Land Value $35,000 Improvement Value $221,270 Tax Amount $3,126.5 Change Rate +0.033899% Assessed CR Tax Rate +0.0122%
Year 2018 Assessed Value $256,270 Land Value $35,000 Improvement Value $221,270 Tax Amount $3,023.99 Change Rate Assessed CR Tax Rate +0.0118%
Year 2017 Assessed Value $256,270 Land Value $35,000 Improvement Value $221,270 Tax Amount $3,023.99 Change Rate Assessed CR Tax Rate +0.0118%