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516 Railroad Dr; Concord, NC Property Details

516 Railroad Dr, Concord, NC is a Single Family that was built in 1920. This property is currently Financed and is not for sale. Our records show that 516 Railroad Dr has 4 bedrooms, and 2.5 bathrooms, and a total of 1,976 square feet. The lot size of 516 Railroad Dr is 18,600 square feet.

Off market
516 Railroad Dr NW Concord, NC 28025
$230,000 Listing Price
4 Beds
2.5 Baths
1,976 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1920
  • Purchase Price: $230,000
  • Open Loans / Balance: 2 / $207,750
  • Est. Equity / %: $106,250 / 33.84%
  • Gross Yield: 7.521%
  • APN: 5621 20 6618
  • Situs County: Cabarrus
  • Length Of Ownership: 4 years, 9 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Building Style: Wood
  • Floor Cover Type: Hardwood
  • Stories: 1.5
  • 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: 1,976/SqFt
  • Lot: 18,600/SqFt
  • Gross: 2,166/SqFt
  • Garage: 378/SqFt
  • Living: 1,976/SqFt
  • Building: 1,976/SqFt
  • Ground: 1,138/SqFt
  • Garage Unfinished: 378/SqFt
  • Price Per Square Foot: $116.40

Legal Description

  • Description: LT 23 CANNON HOLDING CORP MAP 2
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: 35.417347 / -80.602486
  • Subdivision: Allison
  • Property Class: Residential
  • Zoning: RC
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 5936
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Carport
  • Heating: Heat Pump
  • Parking: 1

Ownership Info

516 Railroad Dr NW has no associated ownership info
516 Railroad Dr NW has no associated ownership info.

Taxes

516 Railroad Dr NW has 8 associated Taxes items

516 Railroad 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 $310,150. The APN we've located for 516 Railroad Dr is 5621 20 6618.

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Taxes
  • Assessed Value:  $310,150
  • Assessed Year:  2026
  • Assessed County:  Cabarrus
  • APN:  5621 20 6618
  • Assessed Land Value:  89600
  • Market Land Value:  89600
  • Market Value:  310150
  • Market Year:  2024

Tax History

516 Railroad Dr NW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $310,150 Land Value $89,600 Improvement Value $220,550 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $310,150 Land Value $89,600 Improvement Value $220,550 Tax Amount $3,089.09 Change Rate Assessed CR Tax Rate +0.00996%
Year 2024 Assessed Value $310,150 Land Value $89,600 Improvement Value $220,550 Tax Amount $3,089.09 Change Rate +0.345422% Assessed CR Tax Rate +0.00996%
Year 2023 Assessed Value $188,180 Land Value $32,000 Improvement Value $156,180 Tax Amount $2,296 Change Rate Assessed CR Tax Rate +0.012201%
Year 2022 Assessed Value $67,240 Land Value $32,000 Improvement Value $35,240 Tax Amount $2,296 Change Rate Assessed CR Tax Rate +0.034146%
Year 2021 Assessed Value $67,240 Land Value $32,000 Improvement Value $35,240 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $67,240 Land Value $32,000 Improvement Value $35,240 Tax Amount $820 Change Rate +0.251163% Assessed CR Tax Rate +0.012195%
Year 2019 Assessed Value $53,720 Land Value $20,800 Improvement Value $32,920 Tax Amount $655.39 Change Rate +0.033901% Assessed CR Tax Rate +0.0122%
Year 2018 Assessed Value $53,720 Land Value $20,800 Improvement Value $32,920 Tax Amount $633.9 Change Rate Assessed CR Tax Rate +0.0118%
Year 2017 Assessed Value $53,720 Land Value $20,800 Improvement Value $32,920 Tax Amount $633.9 Change Rate Assessed CR Tax Rate +0.0118%
Year 2016 Assessed Value $57,730 Land Value $20,800 Improvement Value $36,930 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $57,730 Land Value $20,800 Improvement Value $36,930 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $57,730 Land Value $20,800 Improvement Value $36,930 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $681.21 Change Rate Assessed CR Tax Rate