NOT LISTED FOR SALE

3312 Farm Lake Dr SW Concord, NC 28027

Estimated Value: $267,000 - $321,000

3 Beds
2 Baths
1,098 Sq Ft
$276/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $210,000 $191 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,955/month

1 Day on Market

Highlights

  • Ranch Style House
  • Attached Garage
  • Breakfast Bar
  • J.N. Fries Middle School Rated A-

About This Home

As of March 2021

Clean up is underway. During the last two years the following has been completed: new roof, guttering, vinyl replacement window, vinyl siding and a new Trane HVAC. Currently: Fresh paint throughout, new carpet in 2 bedrooms & new flooring in the foyer, hall and main bath. Wood burning fireplace in the sunken living room. Over sized 2 car detached garage/workshop wired with 220 and a room upstairs for storage, plus 2 additional storage sheds. Almost a half acre lot with fenced back yard.

Last Agent to Sell the Property

Amber Lube

Keller Williams Premier License #228134 Listed on: 02/07/2021

Keller Williams Premier

Last Buyer's Agent

Tony Gallarini

Gallarini Group Realty License #282169

Gallarini Group Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • 0.48

Parking

  • Attached Garage
  • Workshop in Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Insulated Windows
  • Crawl Space
  • Breakfast Bar

Flooring

  • Linoleum
  • Laminate

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5519-93-2595-0000

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.05528
  • Ratio Close Price By Original Li: 1.05528
  • Ratio Current Price By Acre: 437500.00
  • Ratio Current Price By Sq Ft: 191.26
  • Year Built: 1984
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Dryer, Electric Oven, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Self Cleaning Oven, Washer
  • Fireplace Description: Great Room
  • Flooring: Carpet, Laminate Wood, Linoleum
  • Interior Amenities: Breakfast Bar, Cable Available, Garage Shop
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1098
  • Total Sq Ft: 1098

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Carport - 1 Car, Detached Garage, Driveway, Garage - 1 Car, Garage Door Opener

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Wolf Meadow
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Size Area: 0.480
  • Parcel Number: 5519-93-2595-0000
  • Zoning Specification: RM-2

Tax Info

  • Tax Value: 149220.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2021
Closed on
Mar 12, 2021
Sold by
Kennedy Rachael Hahn and Estate Of Michael Raymond Kenn
Bought by
Johnson Cory Seth
Seller's Agent
Amber Lube
Keller Williams Premier
Buyer's Agent
Tony Gallarini
Gallarini Group Realty
List Price
$199,000
Sold Price
$210,000
Premium/Discount to List
$11,000
5.53%
Current Estimated Value
$302,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,791
Avg. Annual Appreciation
9.04%
Original Mortgage
$168,000
Outstanding Balance
$152,977
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$150,950

Purchase Details

Closed on
Dec 29, 2006
Sold by
Zimmer Geoffrey K and Zimmer Nadine S
Bought by
Kennedy Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,900
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 1990
Bought by
Zimmer Geoffrey K

Purchase Details

Closed on
Mar 1, 1984
Source: Public Records

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Range of Values:

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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
Johnson Cory Seth $210,000 None Available
Kennedy Michael R $120,000 None Available
Kennedy Michael R $120,000 None Available
Zimmer Geoffrey K $72,500 --
-- $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Cory Seth $168,000
Previous Owner Kennedy Michael R $114,500
Previous Owner Kennedy Michael R $119,900
Previous Owner Zimmer Geoffrey K $48,600
Previous Owner Zimmer Geoffrey K $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $210,000 +5.5% $191 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
02/07/2021 02/07/21 For Sale $199,000 -- $181 / 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 $3,215 $322,800 $66,000 $256,800
2023 $2,237 $183,390 $39,900 $143,490
2022 $2,174 $149,220 $39,900 $109,320
2021 $1,820 $149,220 $39,900 $109,320
2020 $1,820 $149,220 $39,900 $109,320
2019 $1,431 $117,300 $23,750 $93,550
2018 $1,408 $117,300 $23,750 $93,550
2017 $1,384 $117,300 $23,750 $93,550
2016 $821 $115,830 $23,750 $92,080
2015 $1,376 $115,830 $23,750 $92,080
2014 $1,376 $115,830 $23,750 $92,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3704335

Canopy MLS (Canopy Realtor® Association)

APN: 5519-93-2595-0000