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7120 Timothy Dr; Concord, NC Property Details

7120 Timothy Dr, Concord, NC is a Single Family that was built in 2016. This property is currently a cash purchase and is not for sale. Our records show that 7120 Timothy Dr has 2 bedrooms, and 1 bathroom, and a total of 368 square feet. The lot size of 7120 Timothy Dr is 223,027 square feet.

Off market
7120 Timothy Dr Concord, NC 28025
$338,855 Estimated Value
2 Beds
1 Baths
368 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2016
  • Purchase Price: $12,000
  • Est. Equity / %: $583,000 / 100%
  • Gross Yield: 4.993%
  • APN: 5567 49 9630
  • Situs County: Cabarrus
  • Length Of Ownership: 25 years, 8 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Porch Type: Yes

Measurements

  • Total: 368/SqFt
  • Lot: 223,027/SqFt
  • Living: 368/SqFt
  • Building: 368/SqFt
  • Price Per Square Foot: $32.61

Legal Description

  • Description: 5.120 AC TIMOTHY DRIVE
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: 35.33396 / -80.45913
  • Subdivision: Heinrich
  • Property Class: Residential
  • Zoning: AO
  • County Use Code: 01

Amenities

  • Plus Four: 6658
  • Cooling: Central
  • Garage: Garage
  • Heating: Heat Pump
  • Parking: 7

Ownership Info

7120 Timothy Dr has no associated ownership info
7120 Timothy Dr has no associated ownership info.

Taxes

7120 Timothy Dr has 8 associated Taxes items

7120 Timothy 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 $338,855. The APN we've located for 7120 Timothy Dr is 5567 49 9630.

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Taxes
  • Assessed Value:  $338,855
  • Assessed Year:  2026
  • Assessed County:  Cabarrus
  • APN:  5567 49 9630
  • Assessed Land Value:  243200
  • Market Land Value:  243200
  • Market Value:  338855
  • Market Year:  2024

Tax History

7120 Timothy Dr has 10 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $338,855 Land Value $243,200 Improvement Value $95,655 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $338,855 Land Value $243,200 Improvement Value $95,655 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $338,855 Land Value $243,200 Improvement Value $95,655 Tax Amount $2,256.77 Change Rate +0.407842% Assessed CR Tax Rate +0.00666%
Year 2023 Assessed Value $192,692 Land Value $96,000 Improvement Value $96,692 Tax Amount $1,603 Change Rate Assessed CR Tax Rate +0.008319%
Year 2022 Assessed Value $192,692 Land Value $96,000 Improvement Value $96,692 Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $192,692 Land Value $96,000 Improvement Value $96,692 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $192,692 Land Value $96,000 Improvement Value $96,692 Tax Amount $1,603 Change Rate Assessed CR Tax Rate +0.008319%
Year 2019 Assessed Value $187,330 Land Value $81,000 Improvement Value $106,330 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $187,330 Land Value $81,000 Improvement Value $106,330 Tax Amount $1,483.65 Change Rate Assessed CR Tax Rate +0.00792%
Year 2017 Assessed Value $307,830 Land Value $135,000 Improvement Value $172,830 Tax Amount $1,483.65 Change Rate Assessed CR Tax Rate +0.00482%