941 Tartan Ln NW Concord, NC 28027

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4 beds · 2 baths · 3,090 sq ft · Lot Size: 16,553 sq ft · Single Family Home
Est. Property Value: $641,680

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941 Tartan Ln NW is in the 28027 neighborhood of Concord, NC. It is located in Cabarrus County and ZIP code 28027. This Single Family Home was built in 1999 and is approximately 26 years old. The single family home spans 3090 sq ft with 4 bedrooms and 2 bathrooms and sits on a 16553 sq ft lot. According to public records, it was last sold in 2021 for $520,000 and has a tax-assessed value of $505,560, which is $208 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 941 Tartan Ln NW Concord, NC 28027 with Property Intel by Whitepages.

941 Tartan Ln NW

Concord, NC 28027

Owner Info

Owners & Occupancy for 941 Tartan Ln NW

This property is owned by Anna Bailey Leatherman. Owner contact information includes 5 phone numbers and 2 email addresses.

Property Owners

Cell Phone(704) ***-****View Cell Phone
Residence***********
Landline(704) 637-0775
Distance from Property**********
Email Address************@gmail.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1********************** age 40
Resident 2****************** age 41

Property Financials for 941 Tartan Ln NW

941 Tartan Ln NW, Concord, NC has a mortgage from Farmers & Merchants Bk (orig. May 20, 2021). The Cabarrus county assessment for 2023 values it at $505,560, with annual taxes of $6,168.

Mortgage & Equity Information

Loan Amount$******
LenderFarmers & Merchants Bk
Origination DateMay 20, 2021
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date*************
Equity View Equity

Property Tax

Purchase DateMay 20, 2021
Property Tax Amount$6,168 in 2023
Purchase Price$520,000
Assessed Value$505,560 on 2023

Investment Potential for 941 Tartan Ln NW

The property has a current estimated value of $641,680, which is 29% above the zip median, based on public records. It last sold on May 20, 2021 for $520K. Projected long-term
is $34,800 annually ($2,900 per month) with a 90% occupancy rate.

Discover more Single Family Homes in 28027.

Long-Term

Gross Rental
$34,800 per year($2,900 per month)
Net Operating Income
Cap Rate
Occupancy Rate
90%in 28027 zip code
 
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Property Details for 941 Tartan Ln NW

Property Details

Property Sq Ft

Living Area

3,090 sq ft

6% above market

Lot Size

16,553 sq ft

58% above market

Price Per Sq Ft

Living Area

$208 / sq ft

18% above market

Lot Size Area

$39 / sq ft

19% below market

Property condition, age, exterior, etc. for 941 Tartan…
Longitude: -80.677544 Latitude: 35.405773 Parcel Number (APN): 5600-06-2822-0000…

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Discover more single family homes near 941 Tartan Ln NW in Concord, North Carolina. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 941 Tartan Ln NW in Cabarrus County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$641,680
$437,153
$204,526 (47%)
$583,318
$190,801 (33%)
YoY Price Change
1.98%
229%
Year Built
1999
2000
-1 years
Living Space
3,090 sq ft
2,660 sq ft
430 (16%)
$ Per Living Sq Ft
$208
$165
$42 (26%)
Lot Size
16,553 sq ft
19,733 sq ft
-3180 (-16%)
$ Per Lot Sq Ft
$39
$24
$15 (61%)

Net Operating Income
$22,208
-$2,881 (-13%)
Annual Revenue
$34,800
$33,000
$1,800 (5%)
$10,249
$5,224 (51%)
Net Operating Income
$22,208
-$2,881 (-13%)
Cap Rate
5.29%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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