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7202 Timothy Drive

7202 Timothy Drive, Concord, NC 28025
House in Cabarrus
Sold Dec 02, 2020
$385,000
$303,000 by Colten Mortgage
Mortgage Due Jan 01, 2050
Sold Jun 30, 2020
$376,000
$250,000 by South Atlantic Bank
Mortgage Due Jul 01, 2050
Local assessors in Concord, NC have categorized 7202 Timothy Drive as a residential type of property. The home was built in 1999 and is 25 years old. It was most recently renovated and altered in 2009. The property's lot size has been calculated to be 110,207 square feet. The linear feet between the front and back of the lot was measured at 4,430 ft and the front of the lot was measured at 350 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7202 Timothy Drive has a total of 2,097 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 541 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a screened porch and a patio so you'll have great options in both the front and back of the home. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a cathedral style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7202 Timothy Drive was last sold in Dec 1, 2020 for $385,000. According to our calculations, that's $183.60 per sqft. Prior to that sales transaction, the property was sold for $376,000 in Jun 26, 2020. Current property owners are expected to pay $2,896 in taxes per year. The property on 7202 Timothy Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $348,120. To break that down further, the land itself was valued at $30,000. While improvements to the property were assessed at a total of $318,120. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2009
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Cathedral
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 2,063
  • Parking Type: Offsite
  • Garage Type: Mixed use
  • Garage Square Area: 541
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 110,207
  • Lot Size Depth Feet: 4,430
  • Lot Size Frontage Feet: 350
  • Total Building Area: 2,097
  • Gross Building Area: 5,534
  • Building Area: 2,097
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,097
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: REAR LT LAURA HILL
  • Land Acres: 2.53
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P/O LT 10 & REAR LT LAURA HILL

Ownership

  • Current Owner : BRISSON PENNY W
  • Previous Owner : SMITH GREGORY LOUIS
  • Previous Owner 2: SMITH TANYA T
  • Owner Before Previous Owner: TAYLOR JACK L
  • Owner Before Previous Owner 2: TAYLOR BARBARA B

Neighborhood

  • School District Name: Cabarrus County Schools
  • School Tax School District: 13-GEORGEVILLE
  • Census Tract: 041602

Zoning

  • Zoning: AO

Geography

  • Account Number: 142434
  • District: 09
  • Parcel: 5567 68 2705
  • Lot: 10
  • Municipality: GEORGEVILLE
  • Latitude: 35.3316
  • Longitude: -80.4545

    Address

  • Full Address: 7202 Timothy Dr
  • Address - House Number: 7202
  • Address - Street Name: Timothy
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Concord
  • Carrier Code: R004
  • 4-Digit Zip Code: 7685
  • Zip Code: 28025

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,896
  • Tax Rate Code Area: FR13

    Appraisal Valuation

  • Standard Deviation: 0.1641
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 79
  • Final Value: 542,983
  • High Value: 632,100
  • Low Value: 453,867

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $303,000
  • First Open Lien Mortgage Lender: COLTEN MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 02, 2020
  • First Open Lien Mortgage Loan Amount: $303,000
  • First Open Lien Mortgage Term: 348
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2050

    Market Valuation

  • Market Total Value: $348,120
  • Market Land Value: $30,000
  • Market Improvement Value: $318,120

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $348,120
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $318,120

    Sales

  • Current Sale Contract Date: Dec 01, 2020
  • Current Sale Recording Date: Dec 02, 2020
  • Current Sale Transaction ID: 11805483983
  • Current Sale Price: $385,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 30, 2020
  • Previous Sale Contract Date: Jun 26, 2020
  • Previous Sale Amount: $376,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COLTEN MORTGAGE
  • First Mortgage Transaction Date: Dec 02, 2020
  • First Mortgage Loan Amount: $303,000
  • First Mortgage Terms: 348
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: SOUTH ATLANTIC BANK
  • Previous Mortgage Transaction Date: Jun 30, 2020
  • Previous Mortgage Loan Amount: $250,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2050

About Cabarrus



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Frequently Asked Questions

What neighborhood is 7202 Timothy Drive located in?
The 7202 Timothy Drive is a house located in the neighborhood of Cabarrus in Cabarrus, Concord.
What is the average sales price for listings in 7202 Timothy Drive?
The average sales price for units in 7202 Timothy Drive is $0 currently.

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