3221 Farm Lake Dr SW Concord, NC 28027
Estimated Value: $238,000 - $284,000
3
Beds
2
Baths
1,028
Sq Ft
$256/Sq Ft
Est. Value
About This Home
This home is located at 3221 Farm Lake Dr SW, Concord, NC 28027 and is currently estimated at $263,424, approximately $256 per square foot. 3221 Farm Lake Dr SW is a home located in Cabarrus County with nearby schools including Wolf Meadow Elementary School, J.N. Fries Middle School, and Branch Christian Academy Concord.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 21, 1998
Sold by
Creel Allen R
Bought by
Cain Michael H and Cain Anna G
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,423
Outstanding Balance
$17,922
Interest Rate
7.02%
Mortgage Type
FHA
Estimated Equity
$245,502
Purchase Details
Closed on
May 1, 1993
Purchase Details
Closed on
Jun 1, 1984
Purchase Details
Closed on
Jul 1, 1983
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cain Michael H | $87,500 | -- | |
| -- | $65,000 | -- | |
| -- | $52,500 | -- | |
| -- | $35,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cain Michael H | $87,423 |
Source: Public Records
Tax History Compared to Growth
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 | $2,492 | $250,230 | $66,000 | $184,230 |
| 2024 | $2,492 | $250,230 | $66,000 | $184,230 |
| 2023 | $1,721 | $141,060 | $42,000 | $99,060 |
| 2022 | $1,622 | $132,910 | $42,000 | $90,910 |
| 2021 | $1,622 | $132,910 | $42,000 | $90,910 |
| 2020 | $1,622 | $132,910 | $42,000 | $90,910 |
| 2019 | $1,211 | $99,270 | $25,000 | $74,270 |
| 2018 | $1,191 | $99,270 | $25,000 | $74,270 |
| 2017 | $1,171 | $99,270 | $25,000 | $74,270 |
| 2016 | $695 | $95,150 | $25,000 | $70,150 |
| 2015 | $1,123 | $95,150 | $25,000 | $70,150 |
| 2014 | $1,123 | $95,150 | $25,000 | $70,150 |
Source: Public Records
Map
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