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7188 Timothy Dr; Concord, NC Property Details

7188 Timothy Dr, Concord, NC is a Single Family that was built in 2022. This property is currently a cash purchase and is not for sale. Our records show that 7188 Timothy Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,704 square feet. The lot size of 7188 Timothy Dr is 50,965 square feet.

Off market
7188 Timothy Dr Concord, NC 28025
$393,300 Listing Price
3 Beds
2 Baths
1,704 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2022
  • Purchase Price: $393,500
  • Est. Equity / %: $423,000 / 100%
  • Gross Yield: 7.611%
  • APN: 5567 59 6147
  • Situs County: Cabarrus
  • Length Of Ownership: 2 years, 2 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: Wood Shake/ Shingles
  • Patio Type: Patio

Measurements

  • Total: 1,704/SqFt
  • Lot: 50,965/SqFt
  • Gross: 1,936/SqFt
  • Garage: 840/SqFt
  • Living: 1,704/SqFt
  • Building: 1,704/SqFt
  • Ground: 1,704/SqFt
  • Price Per Square Foot: $230.93

Legal Description

  • Description: LT 7 LAURA HILL
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: 35.332703 / -80.45644
  • Subdivision: Heinrich
  • Property Class: Residential
  • Zoning: AO
  • County Use Code: 02

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 6658
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Offsite
  • Heating: Heat Pump

Ownership Info

7188 Timothy Dr has no associated ownership info
7188 Timothy Dr has no associated ownership info.

Taxes

7188 Timothy Dr has 8 associated Taxes items

7188 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 $372,980. The APN we've located for 7188 Timothy Dr is 5567 59 6147.

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Taxes
  • Assessed Value:  $372,980
  • Assessed Year:  2026
  • Assessed County:  Cabarrus
  • APN:  5567 59 6147
  • Assessed Land Value:  76000
  • Market Land Value:  76000
  • Market Value:  372980
  • Market Year:  2024

Tax History

7188 Timothy Dr has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $372,980 Land Value $76,000 Improvement Value $296,980 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $372,980 Land Value $76,000 Improvement Value $296,980 Tax Amount $2,484.04 Change Rate +0.046022% Assessed CR Tax Rate +0.00666%
Year 2024 Assessed Value $356,570 Land Value $76,000 Improvement Value $280,570 Tax Amount $2,374.75 Change Rate +8.499% Assessed CR Tax Rate +0.00666%
Year 2023 Assessed Value $207,100 Land Value $30,000 Improvement Value $177,100 Tax Amount $250 Change Rate Assessed CR Tax Rate +0.001207%
Year 2022 Assessed Value $30,000 Land Value $30,000 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $30,000 Land Value $30,000 Improvement Value Tax Amount $249.6 Change Rate -0.0016% Assessed CR Tax Rate +0.00832%
Year 2020 Assessed Value $30,000 Land Value $30,000 Improvement Value Tax Amount $250 Change Rate +0.112892% Assessed CR Tax Rate +0.008333%
Year 2019 Assessed Value $27,000 Land Value $27,000 Improvement Value Tax Amount $224.64 Change Rate +0.050505% Assessed CR Tax Rate +0.00832%
Year 2018 Assessed Value $27,000 Land Value $27,000 Improvement Value Tax Amount $213.84 Change Rate Assessed CR Tax Rate +0.00792%
Year 2017 Assessed Value $27,000 Land Value $27,000 Improvement Value Tax Amount $213.84 Change Rate Assessed CR Tax Rate +0.00792%
Year 2016 Assessed Value $27,000 Land Value $27,000 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $27,000 Land Value $27,000 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $27,000 Land Value $27,000 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $213.84 Change Rate Assessed CR Tax Rate