987 Old Trace Rd NW Concord, NC 28027
Estimated Value: $837,000 - $941,000
5
Beds
4
Baths
3,909
Sq Ft
$225/Sq Ft
Est. Value
About This Home
This home is located at 987 Old Trace Rd NW, Concord, NC 28027 and is currently estimated at $878,319, approximately $224 per square foot. 987 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 26, 2018
Sold by
M I Homes Of Charlotte Llc
Bought by
Naga Kumar Naraharisetti Venkata Kiran and Naga Divya
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,328
Outstanding Balance
$376,144
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$502,175
Purchase Details
Closed on
Jun 27, 2018
Sold by
M I Homes Of Charlotte Llc
Bought by
Lakshmanan Muguntha Kumar and Rajagopal Deepa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,184
Interest Rate
4.6%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Naga Kumar Naraharisetti Venkata Kiran | $455,000 | Transohio Title Agency | |
| Lakshmanan Muguntha Kumar | $457,000 | Transohio Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Naga Kumar Naraharisetti Venkata Kiran | $431,328 | |
| Previous Owner | Lakshmanan Muguntha Kumar | $365,184 |
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 | -- | $819,400 | $160,000 | $659,400 |
| 2024 | $8,161 | $819,400 | $160,000 | $659,400 |
| 2023 | $5,564 | $456,040 | $86,000 | $370,040 |
| 2022 | $5,564 | $456,040 | $86,000 | $370,040 |
| 2021 | $5,564 | $456,040 | $86,000 | $370,040 |
| 2020 | $5,564 | $456,040 | $86,000 | $370,040 |
| 2019 | $4,745 | $388,970 | $70,000 | $318,970 |
Source: Public Records
Map
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