NOT LISTED FOR SALE

1642 Lake Lynn Rd Concord, NC 28025

Estimated Value: $630,000 - $655,000

4 Beds
5 Baths
2,554 Sq Ft
$251/Sq Ft Est. Value

About This Home

This home is located at 1642 Lake Lynn Rd, Concord, NC 28025 and is currently estimated at $640,797, approximately $250 per square foot. 1642 Lake Lynn Rd is a home located in Cabarrus County with nearby schools including W.M. Irvin Elementary School, Mount Pleasant Middle School, and Mount Pleasant High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2024
Sold by
Tarr Tabitha Joy
Bought by
Cochran Michael Wayne and Cochran Kristin
Current Estimated Value
$640,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$631,500
Outstanding Balance
$624,861
Interest Rate
6.35%
Mortgage Type
VA
Estimated Equity
$15,936

Purchase Details

Closed on
Jan 28, 2021
Sold by
Tillery Christopher D and Tillery Thomas Saylor
Bought by
Tarr Zachary Allen and Tarr Tabitha Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,549
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2019
Sold by
Pack Michelle T
Bought by
Saylor Tillery Christopher D and Saylor Tillery Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,450
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2005
Sold by
Huneycutt Carson Lee and Huneycutt Peggy T
Bought by
Pack Jeremy R and Pack Michelle T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac
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.

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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.

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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.

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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.

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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
Cochran Michael Wayne $640,000 Investors Title
Tarr Zachary Allen $380,000 None Available
Saylor Tillery Christopher D $351,000 None Available
Pack Jeremy R $256,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cochran Michael Wayne $631,500
Previous Owner Tarr Zachary Allen $360,549
Previous Owner Saylor Tillery Christopher D $333,450
Previous Owner Pack Jeremy R $190,000
Source: Public Records

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 $3,227 $491,860 $160,000 $331,860
2024 $3,227 $491,860 $160,000 $331,860
2023 $3,001 $365,950 $105,600 $260,350
2022 $3,001 $346,840 $105,600 $241,240
2021 $2,844 $346,840 $105,600 $241,240
2020 $2,775 $346,840 $105,600 $241,240
2019 $2,033 $254,120 $56,000 $198,120
2018 $1,982 $254,120 $56,000 $198,120
2017 $1,931 $254,120 $56,000 $198,120
2016 $1,931 $246,830 $56,000 $190,830
2015 $1,736 $246,830 $56,000 $190,830
2014 $1,736 $246,830 $56,000 $190,830
Source: Public Records

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