NOT LISTED FOR SALE

1331 Farm Branch Dr SW Concord, NC 28027

Estimated Value: $395,000 - $420,125

3 Beds
2.5 Baths
2,833 Sq Ft
$143/Sq Ft Est. Value

Last Sold June 08, 2017

Last sale price $199,000 $70 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,487/month

6 Days on Market

Highlights

  • Fireplace
  • Attached Garage
  • Carpet
  • J.N. Fries Middle School Rated A-
  • Fire Pit

About This Home

As of June 2017

Relax on you back patio with stone fire pit. Nice kitchen with stainless steel appliances all present. Bar counter opens up to family room. Upstairs loft area for extra living space! Sun-room. FHA case #387-207944. Property is owned by the US Dept of HUD. HUD homes are sold "as is". Seller makes no representation or warranties as to the property condition. FHA Financing code is UI, subject to appraisal. Seller may contribute up to 3% for buyer’s closing costs upon buyer request. FHEO compliant.

Last Agent to Sell the Property

John Sears

CEDAR REALTY LLC License #228692 Listed on: 05/13/2017

Co-Listed By

Jeff Royal

CEDAR REALTY LLC License #247232

Last Buyer's Agent

Kelly Clark

The Clark Group Real Estate Services LLC License #162429

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2013

Lot Details

  • 6,098

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Fireplace

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Fire Pit

Community Details

  • Ams Association, Phone Number (803) 831-7023

Listing and Financial Details

  • Assessor Parcel Number 5519-64-8003-0000

Home Details

Home Type

Single Family

Year Built

Built in 2013

Lot Details

0

HOA Fees

$30 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 1421428.57
  • Ratio Current Price By Sq Ft: 70.24
  • Year Built: 2013
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1450
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Cooktop Electric, Dishwasher, Double Oven, Microwave, Refrigerator
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • H O A Management Phone: 803-831-7023
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 1383
  • Total Sq Ft: 2833

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fire pit
  • Publically Maintained Road: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 88.75
  • Association Fee Frequency: Quarterly
  • HOA Management Company: AMS
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Parcel Number: 5519-64-8003-0000
  • Zoning Specification: TND

Tax Info

  • Tax Value: 212090.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2020
Sold by
Daniel Jennifer Faith and Blair Jennifer Faith
Bought by
Daniel Jennifer Faith
Current Estimated Value
$405,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Outstanding Balance
$144,342
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$261,189

Purchase Details

Listed on
May 13, 2017
Closed on
Jun 6, 2017
Sold by
Secretary Of Housing And Urban Developme
Bought by
Blair Jennifer Faith Daniel
Seller's Agent
John Sears
CEDAR REALTY LLC
Buyer's Agent
Kelly Clark
The Clark Group Real Estate Services LLC
List Price
$199,000
Sold Price
$199,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%
Original Mortgage
$193,030
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2014
Sold by
Nvr Inc
Bought by
Troescher Robert H and Gordner Andrea L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,128
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 2013
Sold by
Gk Hampden Village Lllp
Bought by
Nvr Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Daniel Jennifer Faith -- None Available
Blair Jennifer Faith Daniel -- None Available
Troescher Robert H $201,000 None Available
Nvr Inc $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daniel Jennifer Faith $181,000
Closed Blair Jennifer Faith Daniel $193,030
Previous Owner Troescher Robert H $197,128
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2017 06/08/17 Sold $199,000 0.0% $70 / Sq Ft
05/19/2017 05/19/17 Pending -- -- --
05/13/2017 05/13/17 For Sale $199,000 -- $70 / 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 $3,955 $397,050 $81,000 $316,050
2024 $3,955 $397,050 $81,000 $316,050
2023 $3,050 $250,030 $40,000 $210,030
2022 $3,050 $250,030 $40,000 $210,030
2021 $3,050 $250,030 $40,000 $210,030
2020 $2,945 $241,390 $40,000 $201,390
2019 $2,540 $208,170 $34,000 $174,170
2018 $2,498 $208,170 $34,000 $174,170
2017 $2,503 $212,090 $34,000 $178,090
2016 $1,485 $170,230 $18,500 $151,730
2015 $218 $72,700 $18,500 $54,200
2014 $218 $72,700 $18,500 $54,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3281193

Canopy MLS (Canopy Realtor® Association)

APN: 5519-64-8003-0000