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974 Old Trace Rd; Concord, NC Property Details

974 Old Trace Rd, Concord, NC is a Single Family that was built in 2018. This property is currently Financed,New Construction and is not for sale. Our records show that 974 Old Trace Rd has 5 bedrooms, and 4 bathrooms, and a total of 4,254 square feet. The lot size of 974 Old Trace Rd is 8,407 square feet.

Off market
974 Old Trace Rd NW Concord, NC 28027
$842,830 Estimated Value
5 Beds
4 Baths
4,254 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2018
  • Purchase Price: $457,000
  • Open Loans / Balance: 1 / $350,083
  • Est. Equity / %: $488,917 / 58.27%
  • Gross Yield: 6.546%
  • APN: 4680 35 7386
  • Situs County: Cabarrus
  • Length Of Ownership: 8 years

Rooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full Bathrooms: 4

Structure

  • Floor Cover Type: Hardwood
  • Stories: 2
  • 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
  • Patio Type: Patio

Measurements

  • Total: 4,254/SqFt
  • Lot: 8,407/SqFt
  • Gross: 5,352/SqFt
  • Garage: 806/SqFt
  • Living: 4,254/SqFt
  • Building: 4,254/SqFt
  • Ground: 1,752/SqFt
  • Garage Finished: 806/SqFt
  • Price Per Square Foot: $107.43

Legal Description

  • Description: LT 181 ALLEN MILLS
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: 35.40095 / -80.73248
  • Subdivision: Allen Mills
  • Property Class: Residential
  • Zoning: PRD
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 8473
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Mixed
  • Heating: Forced air unit
  • Parking: 3

HOA

  • H O A One: $185
  • H O A Amount: $185
  • H O A One Frequency: Quarterly
  • H O A One Name: Allen Mills Homeowners Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

974 Old Trace Rd NW has no associated ownership info
974 Old Trace Rd NW has no associated ownership info.

Taxes

974 Old Trace Rd NW has 8 associated Taxes items

974 Old Trace Rd, 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 $842,830. The APN we've located for 974 Old Trace Rd is 4680 35 7386.

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Taxes
  • Assessed Value:  $842,830
  • Assessed Year:  2026
  • Assessed County:  Cabarrus
  • APN:  4680 35 7386
  • Assessed Land Value:  160000
  • Market Land Value:  160000
  • Market Value:  842830
  • Market Year:  2024

Tax History

974 Old Trace Rd NW has 8 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $842,830 Land Value $160,000 Improvement Value $682,830 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $842,830 Land Value $160,000 Improvement Value $682,830 Tax Amount $8,394.59 Change Rate Assessed CR Tax Rate +0.00996%
Year 2024 Assessed Value $842,830 Land Value $160,000 Improvement Value $682,830 Tax Amount $8,394.59 Change Rate +0.463492% Assessed CR Tax Rate +0.00996%
Year 2023 Assessed Value $470,160 Land Value $86,000 Improvement Value $384,160 Tax Amount $5,736 Change Rate Assessed CR Tax Rate +0.0122%
Year 2022 Assessed Value $470,160 Land Value $86,000 Improvement Value $384,160 Tax Amount $5,736 Change Rate +0.000009% Assessed CR Tax Rate +0.0122%
Year 2021 Assessed Value $470,160 Land Value $86,000 Improvement Value $384,160 Tax Amount $5,735.95 Change Rate -0.000009% Assessed CR Tax Rate +0.0122%
Year 2020 Assessed Value $470,160 Land Value $86,000 Improvement Value $384,160 Tax Amount $5,736 Change Rate +0.139296% Assessed CR Tax Rate +0.0122%
Year 2019 Assessed Value $412,680 Land Value $70,000 Improvement Value $342,680 Tax Amount $5,034.69 Change Rate Assessed CR Tax Rate +0.0122%