NOT LISTED FOR SALE

1251 Farm Branch Dr SW Concord, NC 28027

Estimated Value: $403,000 - $417,100

4 Beds
2.5 Baths
2,306 Sq Ft
$179/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $250,000 $108 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,666/month

6 Days on Market

Highlights

  • Open Floorplan
  • Clubhouse
  • Wood Flooring
  • J.N. Fries Middle School Rated A-
  • Contemporary Architecture
  • Community Pool

About This Home

As of December 2019

Get ready to Fall in Love! As you walk through the door of this Beautiful two story Ryan Home you enter a flex space that can be used as an office or dining. A powder room is on the main level & a deep closet under the stairs that is used as a reading nook. As you continue into the home you are greeted with an open concept living room, dining area & kitchen. The heart of this LR is the gas fireplace. Granite countertops, an island + a large pantry are the main features in this amazing kitchen. There is a dropzone off the garage & a tankless waterheater! Upstairs is a gorgeous master bedroom + 3 spacious bedrooms, 2 baths and a laundry room with a closet. Every bedroom has a walk in/large closet. The masterbath has a soaking tub, perfect to relax in after a long day. The home is located close to the community pool & playground & don't forget to visit Frank Liske Park right next door to this amazing neighborhood! Sellers are providing a 1 yr home warranty with acceptable offer.

Last Agent to Sell the Property

Mary Lou Webb

Nest Realty Lake Norman License #293804 Listed on: 11/01/2019

Nest Realty Lake Norman

Last Buyer's Agent

Jenny DeHart

Lake Norman Realty, Inc. License #308026

Lake Norman Realty, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015

Lot Details

  • Home fronts a stream
  • Many Trees

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Fireplace

Kitchen

  • Oven
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5519-62-4951-0000

Community Details

Overview

  • Ams Association, Phone Number (803) 831-7023
  • Built by Ryan Homes

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2015

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Contemporary
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00040
  • Ratio Close Price By Original Li: 1.00040
  • Ratio Current Price By Acre: 1953125.00
  • Ratio Current Price By Sq Ft: 108.41
  • Year Built: 2015
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1357
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Cooktop Electric, Dishwasher, Disposal, Microwave, Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 803-831-7023
  • Interior Amenities: Cable Available, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 949
  • Total Sq Ft: 2306

Exterior Features

  • Construction: Aluminum, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Central Air, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Community Features: Club House, Outdoor Pool, Playground, Sidewalk, Street Lights
  • Association Fee: 115.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: AMS
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Wolf Meadow
  • Middle School: J.n. Fries
  • High School: Central Cabarrus

Lot Info

  • Lot Dimension: 55 X 101
  • Lot Features: Stream/Creek, Trees
  • Lot Size Area: 0.128
  • Parcel Number: 5519-62-4951-0000
  • Zoning Specification: TND

Building Info

  • Builder Name: Ryan Homes

Tax Info

  • Tax Value: 198650.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
Dec 6, 2019
Sold by
Parker Joshua L and Parker Adrienne E
Bought by
Ronner Adam S and Olson Melanie C
Seller's Agent
Mary Lou Webb
Nest Realty Lake Norman
Buyer's Agent
Jenny DeHart
Lake Norman Realty, Inc.
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$412,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,525
Avg. Annual Appreciation
9.18%
Original Mortgage
$225,000
Outstanding Balance
$201,032
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$205,702

Purchase Details

Closed on
Nov 20, 2015
Sold by
Nvr Inc
Bought by
Parker Joshua L and Parker Adrienne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,991
Interest Rate
3.91%
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
Ronner Adam S $250,000 None Available
Parker Joshua L $207,000 Stewart Title Guaranty Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ronner Adam S $225,000
Previous Owner Parker Joshua L $202,167
Previous Owner Parker Joshua L $202,991
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2019 12/06/19 Sold $250,000 0.0% $108 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $249,900 -- $108 / 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 $3,965 $398,050 $81,000 $317,050
2023 $3,068 $251,500 $40,000 $211,500
2022 $3,068 $251,500 $40,000 $211,500
2021 $3,068 $251,500 $40,000 $211,500
2020 $3,068 $251,500 $40,000 $211,500
2019 $2,424 $198,650 $34,000 $164,650
2018 $2,384 $198,650 $34,000 $164,650
2017 $2,344 $198,650 $34,000 $164,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3562716

Canopy MLS (Canopy Realtor® Association)

APN: 5519-62-4951-0000