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2367 Drake Mill Ln; Concord, NC Property Details

2367 Drake Mill Ln, Concord, NC is a Single Family that was built in 2018. This property is currently Financed,New Construction and is not for sale. Our records show that 2367 Drake Mill Ln has 3 bedrooms, and 2 bathrooms, and a total of 2,424 square feet. The lot size of 2367 Drake Mill Ln is 10,672 square feet.

Off market
2367 Drake Mill Ln SW Concord, NC 28025
$489,030 Estimated Value
3 Beds
2 Baths
2,424 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2018
  • Purchase Price: $344,000
  • Open Loans / Balance: 2 / $335,509
  • Est. Equity / %: $163,491 / 32.76%
  • Gross Yield: 7.085%
  • APN: 5537 04 0076
  • Situs County: Cabarrus
  • Length Of Ownership: 8 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Floor Cover Type: Hardwood
  • Stories: 1.5
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Quality: B
  • Roof Type: Irr / Cathedral
  • Porch Type: Open
  • Roof Cover Type: Composition Shingle
  • Deck: true

Measurements

  • Total: 2,424/SqFt
  • Lot: 10,672/SqFt
  • Gross: 3,024/SqFt
  • Garage: 420/SqFt
  • Living: 2,424/SqFt
  • Building: 2,424/SqFt
  • Ground: 2,106/SqFt
  • Garage Finished: 420/SqFt
  • Price Per Square Foot: $141.91

Legal Description

  • Description: LT 506 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: 35.3171 / -80.575264
  • 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

2367 Drake Mill Ln SW has no associated ownership info
2367 Drake Mill Ln SW has no associated ownership info.

Taxes

2367 Drake Mill Ln SW has 8 associated Taxes items

2367 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 $489,030. The APN we've located for 2367 Drake Mill Ln is 5537 04 0076.

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Taxes
  • Assessed Value:  $489,030
  • Assessed Year:  2026
  • Assessed County:  Cabarrus
  • APN:  5537 04 0076
  • Assessed Land Value:  100000
  • Market Land Value:  100000
  • Market Value:  489030
  • Market Year:  2024

Tax History

2367 Drake Mill Ln SW has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $489,030 Land Value $100,000 Improvement Value $389,030 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $489,030 Land Value $100,000 Improvement Value $389,030 Tax Amount $4,870.74 Change Rate Assessed CR Tax Rate +0.00996%
Year 2024 Assessed Value $489,030 Land Value $100,000 Improvement Value $389,030 Tax Amount $4,870.74 Change Rate +0.155573% Assessed CR Tax Rate +0.00996%
Year 2023 Assessed Value $345,470 Land Value $60,000 Improvement Value $285,470 Tax Amount $4,215 Change Rate Assessed CR Tax Rate +0.012201%
Year 2022 Assessed Value $345,470 Land Value $60,000 Improvement Value $285,470 Tax Amount $4,215 Change Rate +0.000062% Assessed CR Tax Rate +0.012201%
Year 2021 Assessed Value $345,470 Land Value $60,000 Improvement Value $285,470 Tax Amount $4,214.74 Change Rate +0.215673% Assessed CR Tax Rate +0.0122%
Year 2020 Assessed Value $284,150 Land Value $60,000 Improvement Value $224,150 Tax Amount $3,467 Change Rate +0.154874% Assessed CR Tax Rate +0.012201%
Year 2019 Assessed Value $246,070 Land Value $35,000 Improvement Value $211,070 Tax Amount $3,002.06 Change Rate +6.147762% Assessed CR Tax Rate +0.0122%
Year 2018 Assessed Value $35,000 Land Value $35,000 Improvement Value Tax Amount $420 Change Rate Assessed CR Tax Rate +0.012%