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397 Faith Dr; Concord, NC Property Details

397 Faith Dr, Concord, NC is a Single Family that was built in 1925. This property is currently Financed and is not for sale. Our records show that 397 Faith Dr has 2 bedrooms, and 1 bathroom, and a total of 888 square feet. The lot size of 397 Faith Dr is 6,926 square feet.

Off market
397 Faith Dr SW Concord, NC 28027
$200,000 Listing Price
2 Beds
1 Baths
888 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1925
  • Purchase Price: $39,000
  • Est. Equity / %: $224,000 / 100%
  • Gross Yield: 7.854%
  • APN: 5529 37 9357
  • Situs County: Cabarrus
  • Length Of Ownership: 27 years, 5 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Floor Cover Type: Softwood
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Quality: C
  • Roof Type: Gable
  • Porch Type: Open
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 888/SqFt
  • Lot: 6,926/SqFt
  • Gross: 1,348/SqFt
  • Living: 888/SqFt
  • Building: 888/SqFt
  • Ground: 888/SqFt
  • Price Per Square Foot: $43.92

Legal Description

  • Description: LTS 4 & P/O 3 5 HIGHLAND PARK
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: 35.38085 / -80.597176
  • Subdivision: Short St Area
  • Property Class: Residential
  • Zoning: RV
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 6927
  • Cooling: Central
  • Garage: Carport
  • Heating: Forced air unit
  • Parking: 1

HOA

  • H O A One: $200
  • H O A Amount: $200
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

397 Faith Dr SW has no associated ownership info
397 Faith Dr SW has no associated ownership info.

Taxes

397 Faith Dr SW has 8 associated Taxes items

397 Faith Dr, 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 $119,960. The APN we've located for 397 Faith Dr is 5529 37 9357.

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Taxes
  • Assessed Value:  $119,960
  • Assessed Year:  2026
  • Assessed County:  Cabarrus
  • APN:  5529 37 9357
  • Assessed Land Value:  40000
  • Market Land Value:  40000
  • Market Value:  119960
  • Market Year:  2024

Tax History

397 Faith Dr SW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $119,960 Land Value $40,000 Improvement Value $79,960 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $119,960 Land Value $40,000 Improvement Value $79,960 Tax Amount $1,194.8 Change Rate Assessed CR Tax Rate +0.00996%
Year 2024 Assessed Value $119,960 Land Value $40,000 Improvement Value $79,960 Tax Amount $1,194.8 Change Rate +0.48607% Assessed CR Tax Rate +0.00996%
Year 2023 Assessed Value $65,880 Land Value $17,600 Improvement Value $48,280 Tax Amount $804 Change Rate Assessed CR Tax Rate +0.012204%
Year 2022 Assessed Value $65,880 Land Value $17,600 Improvement Value $48,280 Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $65,880 Land Value $17,600 Improvement Value $48,280 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $65,880 Land Value $17,600 Improvement Value $48,280 Tax Amount $804 Change Rate Assessed CR Tax Rate +0.012204%
Year 2019 Assessed Value $51,480 Land Value $11,200 Improvement Value $40,280 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $51,480 Land Value $11,200 Improvement Value $40,280 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $51,480 Land Value $11,200 Improvement Value $40,280 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $51,390 Land Value $12,000 Improvement Value $39,390 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $51,390 Land Value $12,000 Improvement Value $39,390 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $51,390 Land Value $12,000 Improvement Value $39,390 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $606.4 Change Rate Assessed CR Tax Rate