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975 Old Trace Rd; Concord, NC Property Details

975 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 975 Old Trace Rd has 4 bedrooms, and 3 bathrooms, and a total of 3,237 square feet. The lot size of 975 Old Trace Rd is 11,326 square feet.

Off market
975 Old Trace Rd NW Concord, NC 28027
$686,480 Estimated Value
4 Beds
3 Baths
3,237 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2018
  • Purchase Price: $390,000
  • Open Loans / Balance: 2 / $442,510
  • Est. Equity / %: $293,490 / 39.88%
  • Gross Yield: 5.902%
  • APN: 4680 35 5380
  • Situs County: Cabarrus
  • Length Of Ownership: 8 years, 1 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3

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: 3,237/SqFt
  • Lot: 11,326/SqFt
  • Gross: 4,115/SqFt
  • Garage: 506/SqFt
  • Living: 3,237/SqFt
  • Building: 3,237/SqFt
  • Ground: 1,494/SqFt
  • Garage Finished: 506/SqFt
  • Price Per Square Foot: $120.48

Legal Description

  • Description: LT 173 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: 35.400875 / -80.73289
  • 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: 2

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

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

Taxes

975 Old Trace Rd NW has 8 associated Taxes items

975 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 $686,480. The APN we've located for 975 Old Trace Rd is 4680 35 5380.

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Taxes
  • Assessed Value:  $686,480
  • Assessed Year:  2026
  • Assessed County:  Cabarrus
  • APN:  4680 35 5380
  • Assessed Land Value:  160000
  • Market Land Value:  160000
  • Market Value:  686480
  • Market Year:  2024

Tax History

975 Old Trace Rd NW has 8 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $686,480 Land Value $160,000 Improvement Value $526,480 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $686,480 Land Value $160,000 Improvement Value $526,480 Tax Amount $6,837.34 Change Rate Assessed CR Tax Rate +0.00996%
Year 2024 Assessed Value $686,480 Land Value $160,000 Improvement Value $526,480 Tax Amount $6,837.34 Change Rate +0.44461% Assessed CR Tax Rate +0.00996%
Year 2023 Assessed Value $387,910 Land Value $86,000 Improvement Value $301,910 Tax Amount $4,733 Change Rate Assessed CR Tax Rate +0.012201%
Year 2022 Assessed Value $387,910 Land Value $86,000 Improvement Value $301,910 Tax Amount $4,733 Change Rate +0.000106% Assessed CR Tax Rate +0.012201%
Year 2021 Assessed Value $387,910 Land Value $86,000 Improvement Value $301,910 Tax Amount $4,732.5 Change Rate -0.000106% Assessed CR Tax Rate +0.0122%
Year 2020 Assessed Value $387,910 Land Value $86,000 Improvement Value $301,910 Tax Amount $4,733 Change Rate +0.267484% Assessed CR Tax Rate +0.012201%
Year 2019 Assessed Value $306,080 Land Value $70,000 Improvement Value $236,080 Tax Amount $3,734.17 Change Rate Assessed CR Tax Rate +0.0122%