NOT LISTED FOR SALE

987 Old Trace Rd NW Concord, NC 28027

Estimated Value: $799,000 - $871,000

5 Beds
4 Baths
3,909 Sq Ft
$216/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 $842,652, approximately $215 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
$842,652

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
$466,508

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
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
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 Compared to Growth

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

North Carolina Cabarrus County Concord 28027

987 Old Trace Rd NW, Concord, NC

This home is located at 987 Old Trace Rd NW, Concord, NC 28027 and is currently estimated at $842,652, approximately $215 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.

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.

Nearby Homes