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7225 Timothy Dr; Concord, NC Property Details

7225 Timothy Dr, Concord, NC is a Single Family that was built in 2023. This property is currently a cash purchase and is not for sale. Our records show that 7225 Timothy Dr has 4 bedrooms, and 3.5 bathrooms, and a total of 3,347 square feet. The lot size of 7225 Timothy Dr is 90,605 square feet.

Off market
7225 Timothy Dr Concord, NC 28025
$759,150 Estimated Value
4 Beds
3.5 Baths
3,347 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 2023
  • Purchase Price: $90,000
  • Est. Equity / %: $768,000 / 100%
  • Gross Yield: 8.477%
  • APN: 5567 69 8790
  • Situs County: Cabarrus
  • Length Of Ownership: 4 years

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Floor Cover Type: Hardwood
  • Stories: 1
  • Exterior Wall Type: Asbestos shingle
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Quality: B
  • Roof Type: Irr / Cathedral
  • Porch Type: Open
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 3,347/SqFt
  • Lot: 90,605/SqFt
  • Gross: 4,625/SqFt
  • Garage: 731/SqFt
  • Living: 3,347/SqFt
  • Building: 3,347/SqFt
  • Ground: 2,865/SqFt
  • Garage Finished: 731/SqFt
  • Price Per Square Foot: $26.89

Legal Description

  • Description: LT 36 HEINRICH RUSSENA ESTATES
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: 35.334072 / -80.45225
  • Subdivision: Heinrich Russena Estates
  • Property Class: Residential
  • Zoning: AO
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 7685
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Mixed
  • Heating: Heat Pump

Ownership Info

7225 Timothy Dr has no associated ownership info
7225 Timothy Dr has no associated ownership info.

Taxes

7225 Timothy Dr has 8 associated Taxes items

7225 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 $759,150. The APN we've located for 7225 Timothy Dr is 5567 69 8790.

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Taxes
  • Assessed Value:  $759,150
  • Assessed Year:  2026
  • Assessed County:  Cabarrus
  • APN:  5567 69 8790
  • Assessed Land Value:  76000
  • Market Land Value:  76000
  • Market Value:  759150
  • Market Year:  2024

Tax History

7225 Timothy Dr has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $759,150 Land Value $76,000 Improvement Value $683,150 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $759,150 Land Value $76,000 Improvement Value $683,150 Tax Amount $5,055.94 Change Rate Assessed CR Tax Rate +0.00666%
Year 2024 Assessed Value $759,150 Land Value $76,000 Improvement Value $683,150 Tax Amount $5,055.94 Change Rate +19.22376% Assessed CR Tax Rate +0.00666%
Year 2023 Assessed Value $30,000 Land Value $30,000 Improvement Value Tax Amount $250 Change Rate Assessed CR Tax Rate +0.008333%
Year 2022 Assessed Value $30,000 Land Value $30,000 Improvement Value Tax Amount $250 Change Rate +0.001603% Assessed CR Tax Rate +0.008333%
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 Assessed CR Tax Rate +0.008333%
Year 2019 Assessed Value $27,000 Land Value $27,000 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $27,000 Land Value $27,000 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $27,000 Land Value $27,000 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $31,050 Land Value $31,050 Improvement Value Tax Amount $213.84 Change Rate Assessed CR Tax Rate +0.006887%
Year 2015 Assessed Value $31,050 Land Value $31,050 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $31,050 Land Value $31,050 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $245.92 Change Rate Assessed CR Tax Rate