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40 Franklin Ave; Concord, NC Property Details

40 Franklin Ave, Concord, NC is a Historical Residence that was built in 1940. This property is currently Financed and is not for sale. Our records show that 40 Franklin Ave has 5 bedrooms, and 3 bathrooms, and a total of 6,512 square feet. The lot size of 40 Franklin Ave is 70,280 square feet.

Off market
40 Franklin Ave NW Concord, NC 28025
$625,000 Listing Price
5 Beds
3 Baths
6,512 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1940
  • Purchase Price: $625,000
  • Open Loans / Balance: 2 / $641,577
  • APN: 5620 79 3073
  • Situs County: Cabarrus
  • Length Of Ownership: 5 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

Measurements

  • Total: 6,512/SqFt
  • Lot: 70,280/SqFt
  • Gross: 6,512/SqFt
  • Garage: 720/SqFt
  • Living: 4,760/SqFt
  • Basement: 684/SqFt
  • Building: 6,512/SqFt
  • Ground: 2,377/SqFt
  • Garage Unfinished: 720/SqFt
  • Basement Unfinished: 684/SqFt
  • Price Per Square Foot: $95.98

Legal Description

  • Description: INTERSEC FRANKLIN AVE & SPRING ST
Building Insights

Land Information

  • Property Type: Historical Residence
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Cabarrus County Schools
  • Lat / Lon: 35.41285 / -80.58635
  • Subdivision: North Historic Concord
  • Property Class: Exempt
  • Zoning: RC
  • County Use Code: 07

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4704
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Offsite
  • Heating: Forced air unit

Ownership Info

40 Franklin Ave NW has no associated ownership info
40 Franklin Ave NW has no associated ownership info.

Taxes

40 Franklin Ave NW has 8 associated Taxes items

40 Franklin Ave, 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 $811,150. The APN we've located for 40 Franklin Ave is 5620 79 3073.

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Taxes
  • Assessed Value:  $811,150
  • Assessed Year:  2026
  • Assessed County:  Cabarrus
  • APN:  5620 79 3073
  • Assessed Land Value:  306320
  • Market Land Value:  306320
  • Market Value:  811150
  • Market Year:  2024

Tax History

40 Franklin Ave NW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $811,150 Land Value $306,320 Improvement Value $504,830 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $811,150 Land Value $306,320 Improvement Value $504,830 Tax Amount $8,079.05 Change Rate Assessed CR Tax Rate +0.00996%
Year 2024 Assessed Value $811,150 Land Value $306,320 Improvement Value $504,830 Tax Amount $8,079.05 Change Rate +0.163458% Assessed CR Tax Rate +0.00996%
Year 2023 Assessed Value $569,140 Land Value $272,290 Improvement Value $296,850 Tax Amount $6,944 Change Rate Assessed CR Tax Rate +0.012201%
Year 2022 Assessed Value $447,810 Land Value $272,290 Improvement Value $175,520 Tax Amount $6,944 Change Rate +0.271031% Assessed CR Tax Rate +0.015507%
Year 2021 Assessed Value $447,810 Land Value $272,290 Improvement Value $175,520 Tax Amount $5,463.28 Change Rate +0.000051% Assessed CR Tax Rate +0.0122%
Year 2020 Assessed Value $447,810 Land Value $272,290 Improvement Value $175,520 Tax Amount $5,463 Change Rate +0.110915% Assessed CR Tax Rate +0.012199%
Year 2019 Assessed Value $403,080 Land Value $147,490 Improvement Value $255,590 Tax Amount $4,917.57 Change Rate -0.298176% Assessed CR Tax Rate +0.0122%
Year 2018 Assessed Value $593,800 Land Value $147,490 Improvement Value $446,310 Tax Amount $7,006.84 Change Rate Assessed CR Tax Rate +0.0118%
Year 2017 Assessed Value $593,800 Land Value $147,490 Improvement Value $446,310 Tax Amount $7,006.84 Change Rate Assessed CR Tax Rate +0.0118%
Year 2016 Assessed Value $587,740 Land Value $147,490 Improvement Value $440,250 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $585,760 Land Value $147,490 Improvement Value $438,270 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $585,760 Land Value $147,490 Improvement Value $438,270 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $6,911.97 Change Rate Assessed CR Tax Rate