Large Location Icon

550 Gibson Dr; Concord, NC Property Details

550 Gibson Dr, Concord, NC is a Duplex 2 Units that was built in 1976. This property is currently Financed and is not for sale. Our records show that 550 Gibson Dr has a total of 1,893 square feet. The lot size of 550 Gibson Dr is 10,890 square feet.

Off market
550 Gibson Dr NW Concord, NC 28025
$263,200 Estimated Value
1,893 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1976
  • Purchase Price: $105,000
  • Open Loans / Balance: 2 / $357,581
  • Est. Equity / %: $-91,581 / -34.43%
  • APN: 5621 31 0630
  • Situs County: Cabarrus
  • Length Of Ownership: 8 years, 6 months

Structure

  • Building Style: Wood
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Brick veneer
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Quality: C
  • Roof Type: Gable
  • Porch Type: Yes
  • Roof Cover Type: Composition Shingle
  • Patio Type: Patio

Measurements

  • Total: 1,893/SqFt
  • Lot: 10,890/SqFt
  • Gross: 1,893/SqFt
  • Living: 1,653/SqFt
  • Building: 1,893/SqFt
  • Ground: 1,653/SqFt
  • Price Per Square Foot: $55.47

Legal Description

  • Description: LOT 2 EAST SIDE GIBSON DR BLK M
Building Insights

Land Information

  • Property Type: Duplex 2 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Cabarrus County Schools
  • Lat / Lon: 35.419975 / -80.601105
  • Subdivision: Allison
  • Property Class: Residential
  • Zoning: RV
  • County Use Code: 62

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 4407
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

550 Gibson Dr NW has no associated ownership info
550 Gibson Dr NW has no associated ownership info.

Taxes

550 Gibson Dr NW has 8 associated Taxes items

550 Gibson 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 $263,200. The APN we've located for 550 Gibson Dr is 5621 31 0630.

Unlock the full report
Taxes
  • Assessed Value:  $263,200
  • Assessed Year:  2026
  • Assessed County:  Cabarrus
  • APN:  5621 31 0630
  • Assessed Land Value:  117600
  • Market Land Value:  117600
  • Market Value:  263200
  • Market Year:  2024

Tax History

550 Gibson Dr NW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $263,200 Land Value $117,600 Improvement Value $145,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $263,200 Land Value $117,600 Improvement Value $145,600 Tax Amount $2,621.47 Change Rate Assessed CR Tax Rate +0.00996%
Year 2024 Assessed Value $263,200 Land Value $117,600 Improvement Value $145,600 Tax Amount $2,621.47 Change Rate +0.851321% Assessed CR Tax Rate +0.00996%
Year 2023 Assessed Value $117,250 Land Value $42,000 Improvement Value $75,250 Tax Amount $1,416 Change Rate Assessed CR Tax Rate +0.012077%
Year 2022 Assessed Value $116,060 Land Value $42,000 Improvement Value $74,060 Tax Amount $1,416 Change Rate Assessed CR Tax Rate +0.012201%
Year 2021 Assessed Value $116,060 Land Value $42,000 Improvement Value $74,060 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $116,060 Land Value $42,000 Improvement Value $74,060 Tax Amount $1,416 Change Rate +0.485928% Assessed CR Tax Rate +0.012201%
Year 2019 Assessed Value $78,110 Land Value $27,300 Improvement Value $50,810 Tax Amount $952.94 Change Rate +0.033894% Assessed CR Tax Rate +0.0122%
Year 2018 Assessed Value $78,110 Land Value $27,300 Improvement Value $50,810 Tax Amount $921.7 Change Rate Assessed CR Tax Rate +0.0118%
Year 2017 Assessed Value $78,110 Land Value $27,300 Improvement Value $50,810 Tax Amount $921.7 Change Rate Assessed CR Tax Rate +0.0118%
Year 2016 Assessed Value $86,170 Land Value $27,300 Improvement Value $58,870 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $86,170 Land Value $27,300 Improvement Value $58,870 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $86,170 Land Value $27,300 Improvement Value $58,870 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $1,016.81 Change Rate Assessed CR Tax Rate