NOT LISTED FOR SALE

2407 Kings Farm Way Indian Trail, NC 28079

Estimated Value: $395,000 - $404,000

3 Beds
2.5 Baths
1,772 Sq Ft
$225/Sq Ft Est. Value

Last Sold July 03, 2017

Last sale price $205,000 $116 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,323/month

4 Days on Market

Highlights

  • Transitional Architecture
  • Wood Flooring
  • Breakfast Bar
  • Fairview Elementary School Rated A-
  • Tray Ceiling
  • Shed

About This Home

As of July 2017

Lovely home on 1/3 acre in Union County. Stunning kitchen offering granite, almost new SS appliances, tile backsplash & hardwood floors. Spacious great room w gas fireplace & ceiling fan. Newly added office space. The large owner's suite features a tray ceiling with fan, dual vanity & walk-in closet with builtins. Neutral decor throughout. Enjoy the private fenced lot from your covered porch & extended brick patio. Storage shed conveys. New roof in 2013. Minutes from I-485, dining, shops & more.

Last Agent to Sell the Property

Jen Wetzel

Bliss Real Estate License #228017 Listed on: 05/25/2017

Last Buyer's Agent

Stephen Scott

Realty Dynamics Inc. License #260817

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 0.34

HOA Fees

  • $15 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Tray Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Storm Doors
  • Breakfast Bar

Flooring

  • Wood
  • Vinyl

Additional Features

  • Shed
  • Level Lot

Community Details

  • Oak Grove HOA, Phone Number (704) 618-2244

Listing and Financial Details

  • Assessor Parcel Number 07-015-216

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.98795
  • Ratio Close Price By Original Li: 0.98795
  • Ratio Current Price By Acre: 595930.23
  • Ratio Current Price By Sq Ft: 115.69
  • Year Built: 1999
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 911
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows, Storm Door(s)
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Surround Sound, Electric Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Fixture Exception Description: TVs & (2) TV Brackets, Surround Sound Speakers
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Vinyl, Wood
  • H O A Management Phone: 704-618-2244
  • Interior Amenities: Breakfast Bar, Tray Ceiling, Walk-In Pantry
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 861
  • Total Sq Ft: 1772

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association Fee: 182.62
  • Association Fee Frequency: Annually
  • HOA Management Company: Oak Grove HOA
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: .344
  • Lot Features: Level
  • Lot Size Area: 0.344
  • Parcel Number: 07-015-216
  • Zoning Specification: Res

Tax Info

  • Tax Value: 158000.00
  • Tax Location: Indian Trail

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2017
Closed on
Jul 3, 2017
Sold by
Philemon Lindsay and Philemon Daniel T
Bought by
Knapp Andrew D
Seller's Agent
Jen Wetzel
Bliss Real Estate
Buyer's Agent
Stephen Scott
Realty Dynamics Inc.
List Price
$207,500
Sold Price
$205,000
Premium/Discount to List
-$2,500
-1.2%
Current Estimated Value
$398,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,897
Avg. Annual Appreciation
8.40%
Original Mortgage
$164,000
Outstanding Balance
$138,358
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$257,863

Purchase Details

Closed on
Oct 13, 2009
Sold by
Pedersen Scott and Pedersen Jodi
Bought by
Bricolo Lindsay J and Philemon Daniel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,913
Interest Rate
5.05%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 14, 2003
Sold by
Horton Marcie S and Horton Eric
Bought by
Pedersen Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,350
Interest Rate
5.82%

Purchase Details

Closed on
Oct 18, 1999
Sold by
Nvr Inc
Bought by
Smith Marcie Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,950
Interest Rate
6.5%
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
Knapp Andrew D $205,000 Barrister S Title
Bricolo Lindsay J $165,000 None Available
Pedersen Scott $142,500 --
Smith Marcie Marie $143,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knapp Andrew D $164,000
Previous Owner Bricolo Lindsay J $161,913
Previous Owner Pedersen Scott $135,350
Previous Owner Smith Marcie Marie $128,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2017 07/03/17 Sold $205,000 -1.2% $116 / Sq Ft
05/29/2017 05/29/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $207,500 -- $117 / 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 $1,656 $259,000 $41,800 $217,200
2023 $1,637 $259,000 $41,800 $217,200
2022 $1,637 $259,000 $41,800 $217,200
2021 $1,637 $259,000 $41,800 $217,200
2020 $1,232 $158,000 $25,000 $133,000
2019 $1,232 $158,000 $25,000 $133,000
2018 $1,232 $158,000 $25,000 $133,000
2017 $1,313 $158,000 $25,000 $133,000
2016 $1,288 $158,000 $25,000 $133,000
2015 $1,308 $158,000 $25,000 $133,000
2014 $1,122 $157,070 $35,000 $122,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3284905

Canopy MLS (Canopy Realtor® Association)

APN: 07-015-216