NOT LISTED FOR SALE

1283 Farm Branch Dr SW Concord, NC 28027

Estimated Value: $390,000 - $409,000

4 Beds
2.5 Baths
2,308 Sq Ft
$172/Sq Ft Est. Value

Last Sold August 23, 2018

Last sale price $227,000 $98 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,411/month

6 Days on Market

Highlights

  • Engineered Wood Flooring
  • Community Pool
  • Fireplace
  • J.N. Fries Middle School Rated A-
  • Recreation Facilities
  • Attached Garage

About This Home

As of August 2018

Gorgeous, spacious, move in ready 4BR home. Home with open floor plan feels new and has home warranty. Incredible value with areas for entertaining including wonderful kitchen with plenty of cabinetry, countertops, built-in-microwave and an island flowing into the family/great room, dining area and living room. Bedrooms are spacious. Owners suite is huge with walk-in closet and bathroom with separate garden tub and shower. Covered front porch for relaxation & enjoyment. Playground and pool within a block from the home. Great location to Concord, Harrisburg, Charlotte shopping & entertainment.

Last Agent to Sell the Property

Michael Jones

Howard Hanna Allen Tate Charlotte South License #120740 Listed on: 07/24/2018

Howard Hanna Allen Tate Charlotte South

Last Buyer's Agent

Michael Bowman

Carolina Residential Group LLC License #271936

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015

Lot Details

  • 5,663

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Window Treatments
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Engineered Wood
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 5519-63-5335-0000

Community Details

Overview

  • Ams Association

Recreation

  • Recreation Facilities
  • 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
  • Ratio Close Price By List Price: 0.96637
  • Ratio Close Price By Original Li: 0.96637
  • Ratio Current Price By Acre: 1746153.85
  • Ratio Current Price By Sq Ft: 98.35
  • Year Built: 2015
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1330
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: CO Detector, Cable Prewire, Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Exhaust Fan, Ice Maker Connection, Microwave, Self Cleaning Oven, Electric Oven
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Vinyl
  • Interior Amenities: Attic Other, Attic Stairs Pulldown, Garden Tub, Kitchen Island, Pantry, Walk-In Closet(s), Window Treatments
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 978
  • Total Sq Ft: 2308
  • Sq Ft Unheated Main: 390
  • Sq Ft Unheated Total: 390

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 2 Car

Utilities

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

Condo/Co-op/Association

  • Community Features: Playground, Outdoor Pool, Recreation Area, Sidewalk
  • Association Fee: 115.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: AMS
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Size Area: 0.130
  • Parcel Number: 5519-63-5335-0000
  • Zoning Specification: TND

Tax Info

  • Tax Value: 201010.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2019
Sold by
Property Owner 7 Llc
Bought by
Progress Residential Borrower 6 Llc
Current Estimated Value
$392,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,147,600
Outstanding Balance
$79,415,319
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
-$79,018,761

Purchase Details

Listed on
Jul 24, 2018
Closed on
Aug 23, 2018
Sold by
Nurse Elvira
Bought by
Property Owner 7 Llc
Seller's Agent
Michael Jones
Howard Hanna Allen Tate Charlotte South
Buyer's Agent
Michael Bowman
Carolina Residential Group LLC
List Price
$234,900
Sold Price
$227,000
Premium/Discount to List
-$7,900
-3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.17%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 6 Llc -- None Available
Property Owner 7 Llc $227,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Progress Residential Borrower 6 Llc $90,147,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2018 08/23/18 Sold $227,000 -3.4% $98 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
07/24/2018 07/24/18 For Sale $234,900 -- $102 / 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 $3,628 $364,220 $81,000 $283,220
2024 $3,628 $364,220 $81,000 $283,220
2023 $2,816 $230,840 $40,000 $190,840
2022 $2,816 $230,840 $40,000 $190,840
2021 $2,816 $230,840 $40,000 $190,840
2020 $2,816 $230,840 $40,000 $190,840
2019 $2,452 $201,010 $34,000 $167,010
2018 $2,412 $201,010 $34,000 $167,010
2017 $2,372 $201,010 $34,000 $167,010
2016 $1,407 $18,500 $18,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3413805

Canopy MLS (Canopy Realtor® Association)

APN: 5519-63-5335-0000