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551 Railway Pl; Concord, NC Property Details

551 Railway Pl, Concord, NC is a Single Family that was built in 2002. This property is currently Financed and is not for sale. Our records show that 551 Railway Pl has 2 bedrooms, and 2 bathrooms, and a total of 1,010 square feet. The lot size of 551 Railway Pl is 16,117 square feet.

Off market
551 Railway Pl SW Concord, NC 28025
$157,000 Listing Price
2 Beds
2 Baths
1,010 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2002
  • Purchase Price: $157,000
  • Open Loans / Balance: 1 / $134,794
  • Est. Equity / %: $98,206 / 42.15%
  • Gross Yield: 7.875%
  • APN: 5529 65 3573
  • Situs County: Cabarrus
  • Length Of Ownership: 6 years, 2 months

Rooms

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

Structure

  • Floor Cover Type: Vinyl
  • 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: 1,010/SqFt
  • Lot: 16,117/SqFt
  • Gross: 1,078/SqFt
  • Living: 1,010/SqFt
  • Building: 1,010/SqFt
  • Ground: 1,010/SqFt
  • Price Per Square Foot: $155.45

Legal Description

  • Description: LT 349 SOUTHERN CHASE
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: 35.37593 / -80.58887
  • Subdivision: Southern Chase
  • Property Class: Residential
  • Zoning: RC
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 6011
  • Cooling: Central
  • Garage: Offsite
  • Heating: Forced air unit

HOA

  • H O A One: $375
  • H O A Amount: $375
  • H O A One Frequency: Quarterly
  • H O A One Name: Autumn Park Homeowners Association Inc
  • H O A One Type: Home Owner Association
  • H O A Two Name: Autumn Park Hoa Inc
  • H O A Two Type: Home Owner Association

Ownership Info

551 Railway Pl SW has no associated ownership info
551 Railway Pl SW has no associated ownership info.

Taxes

551 Railway Pl SW has 8 associated Taxes items

551 Railway Pl, 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 $221,240. The APN we've located for 551 Railway Pl is 5529 65 3573.

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Taxes
  • Assessed Value:  $221,240
  • Assessed Year:  2026
  • Assessed County:  Cabarrus
  • APN:  5529 65 3573
  • Assessed Land Value:  65000
  • Market Land Value:  65000
  • Market Value:  221240
  • Market Year:  2024

Tax History

551 Railway Pl SW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $221,240 Land Value $65,000 Improvement Value $156,240 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $221,240 Land Value $65,000 Improvement Value $156,240 Tax Amount $2,203.55 Change Rate Assessed CR Tax Rate +0.00996%
Year 2024 Assessed Value $221,240 Land Value $65,000 Improvement Value $156,240 Tax Amount $2,203.55 Change Rate +0.484872% Assessed CR Tax Rate +0.00996%
Year 2023 Assessed Value $121,680 Land Value $34,000 Improvement Value $87,680 Tax Amount $1,484 Change Rate Assessed CR Tax Rate +0.012196%
Year 2022 Assessed Value $121,680 Land Value $34,000 Improvement Value $87,680 Tax Amount $1,484 Change Rate -0.00033% Assessed CR Tax Rate +0.012196%
Year 2021 Assessed Value $121,680 Land Value $34,000 Improvement Value $87,680 Tax Amount $1,484.49 Change Rate +0.00033% Assessed CR Tax Rate +0.0122%
Year 2020 Assessed Value $121,680 Land Value $34,000 Improvement Value $87,680 Tax Amount $1,484 Change Rate +0.40266% Assessed CR Tax Rate +0.012196%
Year 2019 Assessed Value $86,720 Land Value $18,000 Improvement Value $68,720 Tax Amount $1,057.99 Change Rate +0.0339% Assessed CR Tax Rate +0.0122%
Year 2018 Assessed Value $86,720 Land Value $18,000 Improvement Value $68,720 Tax Amount $1,023.3 Change Rate Assessed CR Tax Rate +0.0118%
Year 2017 Assessed Value $86,720 Land Value $18,000 Improvement Value $68,720 Tax Amount $1,023.3 Change Rate +0.685721% Assessed CR Tax Rate +0.0118%
Year 2016 Assessed Value $75,400 Land Value $18,000 Improvement Value $57,400 Tax Amount $607.04 Change Rate Assessed CR Tax Rate +0.008051%
Year 2015 Assessed Value $75,400 Land Value $18,000 Improvement Value $57,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $75,400 Land Value $18,000 Improvement Value $57,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $889.72 Change Rate Assessed CR Tax Rate