NOT LISTED FOR SALE

1231 Farm Branch Dr SW Unit 174 Concord, NC 28027

Estimated Value: $386,000 - $412,000

4 Beds
2.5 Baths
2,231 Sq Ft
$179/Sq Ft Est. Value

Last Sold December 28, 2017

Last sale price $221,990 $100 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,447/month

Highlights

  • Under Construction
  • Open Floorplan
  • Cathedral Ceiling
  • J.N. Fries Middle School Rated A-
  • Traditional Architecture
  • Wood Flooring

About This Home

As of December 2017

Builder is offering buyer promotions of up to 2.5% in Closing Cost/Prepaids Paid plus Stainless Steel Fridge, Garage Door Opener, 2” Blinds Must use pref. lender to qualify for promos. This home is an incredible value with all the benefits of new construction and a 10 yr. Home Warranty! Ask about our Main Street Star Discount!

Last Agent to Sell the Property

Michelle Womaski

DR Horton Inc Brokerage Email: mwomaski@ExpressHomes.com License #272682 Listed on: 10/14/2017

DR Horton Inc

Co-Listed By

Angela Wetherall

DR Horton Inc Brokerage Email: mwomaski@ExpressHomes.com License #232441

Last Buyer's Agent

Gabrielle Carneglia

NorthGroup Real Estate LLC License #257290

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,776

Year Built

  • Built in 2017 | Under Construction

Lot Details

  • 7,840 Sq Ft Lot
  • Lot Dimensions are 55x101
  • Property is zoned tnd

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Sound System
  • Cathedral Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Family Room with Fireplace
  • Pull Down Stairs to Attic
  • Electric Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Patio

Schools

  • Wolf Meadow Elementary School
  • C.C. Griffin Middle School
  • Central Cabarrus High School

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 55196236210000

Community Details

Overview

  • Built by Express Homes
  • Hampden Village Subdivision, Pinehurst C Floorplan
  • Mandatory home owners association

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,776

Year Built

Built in 2017 | Under Construction

Lot Details

0

HOA Fees

$35 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2017
  • Proposed Completion Date: 2018-01-31
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 99.50
  • Attribution Contact: mwomaski@ExpressHomes.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Cable Prewire, Cathedral Ceiling(s), Garden Tub, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 897
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 369
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 369
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1334
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Exhaust Fan, Microwave, Plumbed For Ice Maker, Refrigerator
  • Other Equipment: Surround Sound
  • Above Grade Finished Sq Ft: 2231
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log
  • Living Area: 2231
  • Window Features: Insulated Window(s)
  • Bedroom Main: 0
  • Room Count: 9
  • Sq Ft Other: 0

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Stone, Vinyl
  • Patio And Porch Features: Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Upper Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s)
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Playground
  • Association Fee: 105
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Schools

  • Middle Or Junior School: C.C. Griffin
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.18
  • Lot Size Units: Acres
  • Parcel Number: 55196236210000
  • Development Status: Under Construction
  • Lot Size Acres: 0.18
  • Lot Size: 55x101
  • Lot Size Sq Ft: 7840
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres
  • Zoning Specification: tnd

Green Features

  • Green Verification Count: 1

Building Info

  • Builder Name: Express Homes

MLS Schools

  • Elementary School: Wolf Meadow
  • High School: Central Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2021
Sold by
Progress Charlotte Llc
Bought by
Progress Residential Borrower 16 Llc
Current Estimated Value
$397,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,962,000
Outstanding Balance
$66,801,015
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$66,401,369

Purchase Details

Closed on
Sep 28, 2020
Sold by
Sph One Lllp
Bought by
Progress Charlotte Llc

Purchase Details

Closed on
Sep 10, 2020
Sold by
Quintana Courtney and Quintana David
Bought by
Sph One Lllp

Purchase Details

Listed on
Oct 14, 2017
Closed on
Dec 28, 2017
Sold by
D R Horton Inc
Bought by
Quintana David and Quintana Courtney
Seller's Agent
Michelle Womaski
DR Horton Inc
Buyer's Agent
Gabrielle Carneglia
NorthGroup Real Estate LLC
List Price
$22,990
Sold Price
$221,990
Premium/Discount to List
$199,000
865.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%
Original Mortgage
$217,968
Interest Rate
4.37%
Mortgage Type
FHA
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
Progress Residential Borrower 16 Llc -- None Available
Progress Charlotte Llc $250,000 None Available
Sph One Lllp $241,500 None Available
Quintana David $222,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Progress Residential Borrower 16 Llc $468,962,000
Previous Owner Quintana David $217,968
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2017 12/28/17 Sold $221,990 +865.6% $100 / Sq Ft
10/14/2017 10/14/17 Pending -- -- --
10/14/2017 10/14/17 For Sale $22,990 -- $10 / 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
2025 $3,776 $379,130 $81,000 $298,130
2024 $3,776 $379,130 $81,000 $298,130
2023 $2,977 $244,050 $40,000 $204,050
2022 $2,977 $244,050 $40,000 $204,050
2021 $2,977 $244,050 $40,000 $204,050
2020 $2,977 $244,050 $40,000 $204,050
2019 $2,562 $209,960 $34,000 $175,960
2018 $2,520 $209,960 $34,000 $175,960
2017 $214 $34,000 $34,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3329418

Canopy MLS (Canopy Realtor® Association)

APN: 5519-62-3621-0000