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588 Faith Dr; Concord, NC Property Details

588 Faith Dr, Concord, NC is a Single Family that was built in 1940. This property is currently a cash purchase and is not for sale. Our records show that 588 Faith Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,112 square feet. The lot size of 588 Faith Dr is 23,958 square feet.

Off market
588 Faith Dr SW Concord, NC 28027
$227,050 Estimated Value
3 Beds
2 Baths
1,112 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1940
  • Purchase Price: $250,000
  • Est. Equity / %: $244,000 / 100%
  • Gross Yield: 8.07%
  • APN: 5529 55 2652
  • Situs County: Cabarrus
  • Length Of Ownership: 4 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Floor Cover Type: Softwood
  • 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
  • Deck: true

Measurements

  • Total: 1,112/SqFt
  • Lot: 23,958/SqFt
  • Gross: 1,264/SqFt
  • Living: 1,112/SqFt
  • Building: 1,112/SqFt
  • Ground: 1,112/SqFt
  • Price Per Square Foot: $224.82

Legal Description

  • Description: LTS 47-51 OAKDALE PARK BLK D
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: 35.37616 / -80.59248
  • Subdivision: Whitehall Phifer Park
  • Property Class: Residential
  • Zoning: RV
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 7129
  • Cooling: Central
  • Garage: Offsite
  • Heating: Heat Pump

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

588 Faith Dr SW has no associated ownership info
588 Faith Dr SW has no associated ownership info.

Taxes

588 Faith Dr SW has 8 associated Taxes items

588 Faith 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 $227,050. The APN we've located for 588 Faith Dr is 5529 55 2652.

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Taxes
  • Assessed Value:  $227,050
  • Assessed Year:  2026
  • Assessed County:  Cabarrus
  • APN:  5529 55 2652
  • Assessed Land Value:  55000
  • Market Land Value:  55000
  • Market Value:  227050
  • Market Year:  2024

Tax History

588 Faith Dr SW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $227,050 Land Value $55,000 Improvement Value $172,050 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $227,050 Land Value $55,000 Improvement Value $172,050 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $227,050 Land Value $55,000 Improvement Value $172,050 Tax Amount $2,261.42 Change Rate +0.893987% Assessed CR Tax Rate +0.00996%
Year 2023 Assessed Value $97,850 Land Value $33,000 Improvement Value $64,850 Tax Amount $1,194 Change Rate Assessed CR Tax Rate +0.012202%
Year 2022 Assessed Value $97,850 Land Value $33,000 Improvement Value $64,850 Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $97,850 Land Value $33,000 Improvement Value $64,850 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $97,850 Land Value $33,000 Improvement Value $64,850 Tax Amount $1,194 Change Rate Assessed CR Tax Rate +0.012202%
Year 2019 Assessed Value $80,440 Land Value $24,200 Improvement Value $56,240 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $80,440 Land Value $24,200 Improvement Value $56,240 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $80,440 Land Value $24,200 Improvement Value $56,240 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $55,740 Land Value $24,200 Improvement Value $31,540 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $57,590 Land Value $24,200 Improvement Value $33,390 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $57,590 Land Value $24,200 Improvement Value $33,390 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $679.56 Change Rate Assessed CR Tax Rate