NOT LISTED FOR SALE

1040 Old Trace Rd NW Concord, NC 28027

Estimated Value: $711,004 - $775,000

5 Beds
4 Baths
3,077 Sq Ft
$242/Sq Ft Est. Value

About This Home

This home is located at 1040 Old Trace Rd NW, Concord, NC 28027 and is currently estimated at $745,001, approximately $242 per square foot. 1040 Old Trace Rd NW is a home with nearby schools including Cox Mill Elementary School, Harold E. Winkler Middle School, and Cox Mill High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2020
Sold by
Taylor Morrison Of Carolinas Inc
Bought by
Naik Rajdeep and Patnaik Parthabi
Current Estimated Value
$745,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,984
Outstanding Balance
$342,423
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$402,578
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Naik Rajdeep $437,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naik Rajdeep $384,984
Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,871 $689,820 $160,000 $529,820
2024 $6,871 $689,820 $160,000 $529,820
2023 $5,171 $423,840 $86,000 $337,840
2022 $5,171 $423,840 $86,000 $337,840
2021 $5,171 $423,840 $86,000 $337,840
2020 $1,049 $86,000 $86,000 $0
Source: Public Records

Map

North Carolina Cabarrus County Concord 28027

1040 Old Trace Rd NW, Concord, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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