Taxes
- Assessed Value: $553,400
- Assessed Year: 2026
- Assessed County: Cabarrus
- APN: 5537 03 1115
- Assessed Land Value: 100000
- Market Land Value: 100000
- Market Value: 553400
- Market Year: 2024
2318 Drake Mill Ln; Concord, NC Property Details
Off market
2318 Drake Mill Ln SW Concord, NC 28025
$553,400 Estimated Value
5 Beds
4 Baths
3,364 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 2017
- Purchase Price: $376,000
- Open Loans / Balance: 1 / $191,191
- Est. Equity / %: $439,809 / 69.7%
- Gross Yield: 6.829%
- APN: 5537 03 1115
- Situs County: Cabarrus
- Length Of Ownership: 9 years, 1 months
Rooms
- Bedrooms: 5
- Bathrooms: 4
- Full Bathrooms: 4
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: 3,364/SqFt
- Lot: 13,329/SqFt
- Gross: 4,489/SqFt
- Garage: 670/SqFt
- Living: 3,364/SqFt
- Building: 3,364/SqFt
- Ground: 1,543/SqFt
- Garage Finished: 670/SqFt
- Price Per Square Foot: $111.77
Legal Description
- Description: LT 563 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: 35.31469 / -80.57534
- 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
- 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
2318 Drake Mill Ln SW has no associated ownership info
2318 Drake Mill Ln SW has no associated ownership info.
Taxes
2318 Drake Mill Ln SW has 8 associated Taxes items
2318 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 $553,400. The APN we've located for 2318 Drake Mill Ln is 5537 03 1115.
Unlock the full reportTax History
2318 Drake Mill Ln SW has 10 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value $553,400 | Land Value $100,000 | Improvement Value $453,400 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2025 | Assessed Value $553,400 | Land Value $100,000 | Improvement Value $453,400 | Tax Amount $5,511.86 | Change Rate | Assessed CR | Tax Rate +0.00996% |
| Year 2024 | Assessed Value $553,400 | Land Value $100,000 | Improvement Value $453,400 | Tax Amount $5,511.86 | Change Rate +0.236952% | Assessed CR | Tax Rate +0.00996% |
| Year 2023 | Assessed Value $365,210 | Land Value $60,000 | Improvement Value $305,210 | Tax Amount $4,456 | Change Rate | Assessed CR | Tax Rate +0.012201% |
| Year 2022 | Assessed Value $365,210 | Land Value $60,000 | Improvement Value $305,210 | Tax Amount $4,456 | Change Rate +0.000099% | Assessed CR | Tax Rate +0.012201% |
| Year 2021 | Assessed Value $365,210 | Land Value $60,000 | Improvement Value $305,210 | Tax Amount $4,455.56 | Change Rate -0.000099% | Assessed CR | Tax Rate +0.0122% |
| Year 2020 | Assessed Value $365,210 | Land Value $60,000 | Improvement Value $305,210 | Tax Amount $4,456 | Change Rate +0.039846% | Assessed CR | Tax Rate +0.012201% |
| Year 2019 | Assessed Value $351,250 | Land Value $35,000 | Improvement Value $316,250 | Tax Amount $4,285.25 | Change Rate | Assessed CR | Tax Rate +0.0122% |
| Year 2018 | Assessed Value $351,250 | Land Value $35,000 | Improvement Value $316,250 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2017 | Assessed Value $35,000 | Land Value $35,000 | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |