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531 Fallwood Dr; Concord, NC Property Details

531 Fallwood Dr, Concord, NC is a Single Family that was built in 1974. This property is currently Financed and is not for sale. Our records show that 531 Fallwood Dr has 4 bedrooms, and 3 bathrooms, and a total of 2,400 square feet. The lot size of 531 Fallwood Dr is 47,480 square feet.

Off market
531 Fallwood Dr SE Concord, NC 28025
$194,999 Listing Price
4 Beds
3 Baths
2,400 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1974
  • Purchase Price: $167,000
  • Open Loans / Balance: 4 / $285,947
  • Est. Equity / %: $64,053 / 18.3%
  • Gross Yield: 6.219%
  • APN: 5630 98 1210
  • Situs County: Cabarrus
  • Length Of Ownership: 22 years, 1 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3

Structure

  • Floor Cover Type: Softwood
  • Exterior Wall Type: Asbestos shingle
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Quality: C
  • Roof Type: Gable
  • Porch Type: Open
  • Roof Cover Type: Composition Shingle
  • Deck: true

Measurements

  • Total: 2,400/SqFt
  • Lot: 47,480/SqFt
  • Gross: 2,662/SqFt
  • Living: 2,400/SqFt
  • Building: 2,400/SqFt
  • Ground: 1,372/SqFt
  • Price Per Square Foot: $69.58

Legal Description

  • Description: LT 73 MOUNTAIN BROOK
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: 35.411278 / -80.54703
  • Subdivision: Mountainbrook Ii
  • Property Class: Residential
  • Zoning: RM-1
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 9028
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Offsite
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

531 Fallwood Dr SE has no associated ownership info
531 Fallwood Dr SE has no associated ownership info.

Taxes

531 Fallwood Dr SE has 8 associated Taxes items

531 Fallwood 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 $306,490. The APN we've located for 531 Fallwood Dr is 5630 98 1210.

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Taxes
  • Assessed Value:  $306,490
  • Assessed Year:  2026
  • Assessed County:  Cabarrus
  • APN:  5630 98 1210
  • Assessed Land Value:  78000
  • Market Land Value:  78000
  • Market Value:  306490
  • Market Year:  2024

Tax History

531 Fallwood Dr SE has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $306,490 Land Value $78,000 Improvement Value $228,490 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $306,490 Land Value $78,000 Improvement Value $228,490 Tax Amount $3,052.64 Change Rate Assessed CR Tax Rate +0.00996%
Year 2024 Assessed Value $306,490 Land Value $78,000 Improvement Value $228,490 Tax Amount $3,052.64 Change Rate +0.306222% Assessed CR Tax Rate +0.00996%
Year 2023 Assessed Value $191,530 Land Value $48,000 Improvement Value $143,530 Tax Amount $2,337 Change Rate Assessed CR Tax Rate +0.012202%
Year 2022 Assessed Value $191,530 Land Value $48,000 Improvement Value $143,530 Tax Amount $2,337 Change Rate +0.000146% Assessed CR Tax Rate +0.012202%
Year 2021 Assessed Value $191,530 Land Value $48,000 Improvement Value $143,530 Tax Amount $2,336.66 Change Rate +0.030273% Assessed CR Tax Rate +0.0122%
Year 2020 Assessed Value $185,920 Land Value $48,000 Improvement Value $137,920 Tax Amount $2,268 Change Rate +0.067299% Assessed CR Tax Rate +0.012199%
Year 2019 Assessed Value $174,180 Land Value $45,000 Improvement Value $129,180 Tax Amount $2,124.99 Change Rate +0.033897% Assessed CR Tax Rate +0.0122%
Year 2018 Assessed Value $174,180 Land Value $45,000 Improvement Value $129,180 Tax Amount $2,055.32 Change Rate Assessed CR Tax Rate +0.0118%
Year 2017 Assessed Value $174,180 Land Value $45,000 Improvement Value $129,180 Tax Amount $2,055.32 Change Rate +0.685711% Assessed CR Tax Rate +0.0118%
Year 2016 Assessed Value $170,500 Land Value $45,000 Improvement Value $125,500 Tax Amount $1,219.26 Change Rate Assessed CR Tax Rate +0.007151%
Year 2015 Assessed Value $170,500 Land Value $45,000 Improvement Value $125,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $170,500 Land Value $45,000 Improvement Value $125,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $2,011.9 Change Rate Assessed CR Tax Rate