NOT LISTED FOR SALE

118 Farmers Folly Dr Mooresville, NC 28117

Estimated Value: $475,008 - $514,000

4 Beds
3 Baths
2,804 Sq Ft
$176/Sq Ft Est. Value

Last Sold September 10, 2019

Last sale price $291,000 $104 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,115/month

57 Days on Market

Highlights

  • Charleston Architecture
  • Engineered Wood Flooring
  • Community Pool
  • Coddle Creek Elementary School Rated A-
  • Corner Lot
  • Fireplace

About This Home

As of September 2019

Beautiful 2 story home with 4 Bedrooms and 3 Full Bathrooms. Open floor plan with gorgeous hardwood floors on main level. Granite countertops and stainless steel appliances adorns the spacious kitchen! Community features include a fabulous pool with kiddie area, playground and walking trails.

Last Agent to Sell the Property

Manu Sadanandan

Keller Williams Ballantyne Area License #301422 Listed on: 06/13/2019

Keller Williams Ballantyne Area

Last Buyer's Agent

Zac Randall

EXP Realty LLC Mooresville License #290107

EXP Realty LLC Mooresville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015

Lot Details

  • Corner Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2

Home Design

  • Charleston Architecture
  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Engineered Wood Flooring

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 4656-23-1492.000

Community Details

Overview

  • Hawthorne Management Association
  • Built by Mattamy Homes

Recreation

  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2015

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Charleston
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98678
  • Ratio Close Price By Original Li: 0.95441
  • Ratio Current Price By Acre: 1455000.00
  • Ratio Current Price By Sq Ft: 103.78
  • Year Built: 2015
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Concrete
  • Upper Level Sq Ft: 1587
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: CO Detector, Convection Oven, Cooktop Electric, Dishwasher, Disposal, Dryer, Exhaust Hood, Washer
  • Fireplace Description: FAMILYRM, Natural Gas
  • Fireplace: Yes
  • Flooring: Prefinished Wood
  • Interior Amenities: Pantry, Walk-In Closet(s)
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 1217
  • Total Sq Ft: 2804

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Floor Furnace, Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Community Features: Playground, Outdoor Pool, Street Lights, Walking Trails
  • Association Fee: 300.00
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: Hawthorne Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Coddle Creek
  • Middle School: BRAWLEY
  • High School: Lake Norman

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.200
  • Parcel Number: 4656-23-1492.000
  • Zoning Specification: RMX

Building Info

  • Builder Name: Mattamy Homes

Tax Info

  • Tax Value: 256570.00
  • Tax Location: Mooresville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2019
Closed on
Aug 6, 2019
Sold by
Ranganathan Raja and Kottamala Julie
Bought by
Bell Brandon Clay and Bell Madison Haskell
Seller's Agent
Manu Sadanandan
Keller Williams Ballantyne Area
Buyer's Agent
Zac Randall
EXP Realty LLC Mooresville
List Price
$299,000
Sold Price
$291,000
Premium/Discount to List
-$8,000
-2.68%
Current Estimated Value
$493,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,252
Avg. Annual Appreciation
8.99%
Original Mortgage
$282,270
Outstanding Balance
$249,877
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$237,879

Purchase Details

Closed on
May 28, 2015
Sold by
Mattamy Carolina Corporation
Bought by
Ranganathan Raja and Kottamala Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,568
Interest Rate
3.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bell Brandon Clay $291,000 None Available
Ranganathan Raja $272,500 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Brandon Clay $80,000
Open Bell Brandon Clay $282,270
Previous Owner Ranganathan Raja $240,000
Previous Owner Ranganathan Raja $256,568
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2019 09/10/19 Sold $291,000 -1.3% $104 / Sq Ft
08/10/2019 08/10/19 Pending -- -- --
06/30/2019 06/30/19 Price Changed $294,900 -1.4% $105 / Sq Ft
06/13/2019 06/13/19 For Sale $299,000 0.0% $107 / Sq Ft
06/12/2019 06/12/19 Price Changed $299,000 -- $107 / 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 $4,777 $464,910 $72,000 $392,910
2023 $4,777 $464,910 $72,000 $392,910
2022 $3,294 $278,630 $55,000 $223,630
2021 $3,290 $278,630 $55,000 $223,630
2020 $3,290 $278,630 $55,000 $223,630
2019 $3,262 $278,630 $55,000 $223,630
2018 $3,014 $256,570 $55,000 $201,570
2017 $2,954 $256,570 $55,000 $201,570
2016 $2,887 $250,530 $55,000 $195,530
2015 $1,367 $113,320 $55,000 $58,320
2014 -- $55,000 $55,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3513111

Canopy MLS (Canopy Realtor® Association)

APN: 4656-23-1492.000