- Assessed Value: $286,870
- Assessed Year: 2026
- Assessed County: Cabarrus
- APN: 5539 68 0960
- Assessed Land Value: 65000
- Market Land Value: 65000
- Market Value: 286870
- Market Year: 2024
987 Farmington Ct; Concord, NC Property Details
For Rent
987 Farmington Ct Concord, NC 28025
$1,050 Listing Price
3 Beds
2 Baths
1,285 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1994
- Purchase Price: $106,000
- Est. Equity / %: $277,000 / 100%
- Gross Yield: 9.045%
- APN: 5539 68 0960
- Situs County: Cabarrus
- Length Of Ownership: 13 years, 3 months
Rooms
- Bedrooms: 3
- Bathrooms: 2
- Full Bathrooms: 2
Structure
- Floor Cover Type: Vinyl
- Stories: 1
- Exterior Wall Type: Brick veneer
- Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
- Building Quality: C
- Roof Type: Gable
- Porch Type: Open
- Roof Cover Type: Composition Shingle
- Deck: true
Measurements
- Total: 1,285/SqFt
- Lot: 13,504/SqFt
- Gross: 1,773/SqFt
- Garage: 308/SqFt
- Living: 1,285/SqFt
- Building: 1,285/SqFt
- Ground: 1,285/SqFt
- Garage Finished: 308/SqFt
- Price Per Square Foot: $82.49
Legal Description
- Description: LT 66 CINNAMON 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: 35.385487 / -80.55662
- Subdivision: Paddington Dr
- Property Class: Residential
- Zoning: RM-1
- County Use Code: 01
Amenities
- Heating Fuel Type: Gas
- Plus Four: 5793
- Cooling: Central
- Fireplaces: 1
- Garage: Mixed
- Heating: Forced air unit
- Parking: 1
HOA
- H O A One: $110
- H O A Amount: $110
- H O A One Frequency: Annual
- H O A One Name: Charing Place Homeowners Assoc
- H O A One Type: Home Owner Association
Ownership Info
987 Farmington Ct has no associated ownership info
987 Farmington Ct has no associated ownership info.
Taxes
987 Farmington Ct has 8 associated Taxes items
987 Farmington Ct, 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 $286,870. The APN we've located for 987 Farmington Ct is 5539 68 0960.
Unlock the full reportTaxes
Tax History
987 Farmington Ct has 14 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value $286,870 | Land Value $65,000 | Improvement Value $221,870 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2025 | Assessed Value $286,870 | Land Value $65,000 | Improvement Value $221,870 | Tax Amount $2,857.22 | Change Rate | Assessed CR | Tax Rate +0.00996% |
| Year 2024 | Assessed Value $286,870 | Land Value $65,000 | Improvement Value $221,870 | Tax Amount $2,857.22 | Change Rate +0.418679% | Assessed CR | Tax Rate +0.00996% |
| Year 2023 | Assessed Value $165,050 | Land Value $38,000 | Improvement Value $127,050 | Tax Amount $2,014 | Change Rate | Assessed CR | Tax Rate +0.012202% |
| Year 2022 | Assessed Value $165,050 | Land Value $38,000 | Improvement Value $127,050 | Tax Amount $2,014 | Change Rate +0.000194% | Assessed CR | Tax Rate +0.012202% |
| Year 2021 | Assessed Value $165,050 | Land Value $38,000 | Improvement Value $127,050 | Tax Amount $2,013.61 | Change Rate -0.000194% | Assessed CR | Tax Rate +0.0122% |
| Year 2020 | Assessed Value $165,050 | Land Value $38,000 | Improvement Value $127,050 | Tax Amount $2,014 | Change Rate +0.162059% | Assessed CR | Tax Rate +0.012202% |
| Year 2019 | Assessed Value $142,060 | Land Value $30,000 | Improvement Value $112,060 | Tax Amount $1,733.13 | Change Rate +0.033896% | Assessed CR | Tax Rate +0.0122% |
| Year 2018 | Assessed Value $142,060 | Land Value $30,000 | Improvement Value $112,060 | Tax Amount $1,676.31 | Change Rate | Assessed CR | Tax Rate +0.0118% |
| Year 2017 | Assessed Value $142,060 | Land Value $30,000 | Improvement Value $112,060 | Tax Amount $1,676.31 | Change Rate +0.685716% | Assessed CR | Tax Rate +0.0118% |
| Year 2016 | Assessed Value $113,410 | Land Value $30,000 | Improvement Value $83,410 | Tax Amount $994.42 | Change Rate | Assessed CR | Tax Rate +0.008768% |
| Year 2015 | Assessed Value $113,410 | Land Value $30,000 | Improvement Value $83,410 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $113,410 | Land Value $30,000 | Improvement Value $83,410 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,338.24 | Change Rate | Assessed CR | Tax Rate |