NOT LISTED FOR SALE

109 Farnham Way Mooresville, NC 28115

Estimated Value: $366,000 - $385,000

3 Beds
2.5 Baths
1,882 Sq Ft
$200/Sq Ft Est. Value

Last Sold March 23, 2021

Last sale price $278,000 $148 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,395/month

1 Day on Market

Highlights

  • Open Floorplan
  • Transitional Architecture
  • Community Pool
  • Rocky River Elementary School Rated A
  • Attic
  • Recreation Facilities

About This Home

As of March 2021

2 story home located in the popular Linwood Farms neighborhood in the Mooresville Graded School District in Mooresville. Located in a cul-de-sac with a fully fenced backyard and spacious patio across back of home. Home is in great condition and has been well-cared for. Open floorplan with granite countertops in kitchen, lots of light with spacious rooms, walk-in attic perfect for storage. 3 BR/2.5 BA plan with a bonus room/bedroom. Solar panels on back side of roof. Come enjoy the community amenities including pool and recreation area. New roof 2018. Will go quick!

Last Agent to Sell the Property

Nancy Hucks

Lake Norman Realty, Inc License #203764 Listed on: 02/23/2021

Lake Norman Realty, Inc

Last Buyer's Agent

Steve Casselman

EXP Realty LLC Ballantyne License #272611

EXP Realty LLC Ballantyne

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 0.28

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 2

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Attic

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4667-92-5056.000

Community Details

Overview

  • William Douglas Association, Phone Number (704) 230-3131

Recreation

  • Recreation Facilities
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

HOA Fees

$30 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.04906
  • Ratio Close Price By Original Li: 1.04906
  • Ratio Current Price By Acre: 992857.14
  • Ratio Current Price By Sq Ft: 147.72
  • Year Built: 2001
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1075
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Electric Oven, Microwave, Refrigerator
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Vinyl
  • H O A Management Phone: 704-230-3131
  • Interior Amenities: Attic Walk-in, Cable Available, Garden Tub, Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Main, Closet
  • Room Count: 2
  • Main Level Sq Ft: 807
  • Total Sq Ft: 1882

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Recreation Area
  • Association Fee: 180.00
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: William Douglas
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Rocky River
  • Middle School: Mooresville
  • High School: Mooresville

Lot Info

  • Lot Dimension: 95x407x98x412
  • Lot Features: Cul-de-sac Lot, Sloping
  • Lot Size Area: 0.280
  • Parcel Number: 4667-92-5056.000
  • Zoning Specification: R5

Tax Info

  • Tax Value: 187660.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2021
Closed on
Mar 18, 2021
Sold by
Jacobs James Edward and Jacobs Tammie
Bought by
Fkh Sfr Propco D Lp
Seller's Agent
Nancy Hucks
Lake Norman Realty, Inc
Buyer's Agent
Steve Casselman
EXP Realty LLC Ballantyne
List Price
$265,000
Sold Price
$278,000
Premium/Discount to List
$13,000
4.91%
Current Estimated Value
$375,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,584
Avg. Annual Appreciation
7.02%

Purchase Details

Closed on
May 26, 2004
Sold by
Gmac Model Home Finance
Bought by
Jacobs James Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,520
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Fkh Sfr Propco D Lp $278,000 None Available
Jacobs James Edward $124,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fkh Sfr Propco D Lp $787,558
Previous Owner Jacobs James Edward $80,000
Previous Owner Jacobs James Edward $12,000
Previous Owner Jacobs James Edward $120,000
Previous Owner Jacobs James E $122,700
Previous Owner Jacobs James Edward $114,000
Previous Owner Jacobs James Edward $25,000
Previous Owner Jacobs James Edward $117,520
Closed Jacobs James Edward $29,380
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2021 03/23/21 Sold $278,000 +4.9% $148 / Sq Ft
02/24/2021 02/24/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $265,000 -- $141 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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
2024 $3,879 $322,760 $67,000 $255,760
2023 $3,879 $322,760 $67,000 $255,760
2022 $2,624 $187,660 $35,000 $152,660
2021 $2,620 $187,660 $35,000 $152,660
2020 $2,620 $187,660 $35,000 $152,660
2019 $2,602 $187,660 $35,000 $152,660
2018 $2,277 $162,890 $35,000 $127,890
2017 $2,217 $162,890 $35,000 $127,890
2016 $2,217 $162,890 $35,000 $127,890
2015 $2,217 $162,890 $35,000 $127,890
2014 $1,998 $150,880 $28,000 $122,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3711141

Canopy MLS (Canopy Realtor® Association)

APN: 4667-92-5056.000