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987 Farmington Ct; Concord, NC Property Details

987 Farmington Ct, Concord, NC is a Single Family that was built in 1994. This property is currently a cash purchase and is not for sale. Our records show that 987 Farmington Ct has 3 bedrooms, and 2 bathrooms, and a total of 1,285 square feet. The lot size of 987 Farmington Ct is 13,504 square feet.

For Rent
987 Farmington Ct Concord, NC 28025
$1,050 Listing Price
3 Beds
2 Baths
1,285 SqFt
Property 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.

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Taxes
  • 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

Tax History

987 Farmington Ct has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax 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