NOT LISTED FOR SALE

3437 Farm Lake Dr SW Concord, NC 28027

Estimated Value: $298,000 - $315,000

3 Beds
2 Baths
1,355 Sq Ft
$227/Sq Ft Est. Value

About This Home

This home is located at 3437 Farm Lake Dr SW, Concord, NC 28027 and is currently estimated at $307,040, approximately $226 per square foot. 3437 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
Jun 20, 2019
Sold by
Preston Nicholas and Preston Gina
Bought by
Bridgen Wilbanks
Current Estimated Value
$307,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000
Outstanding Balance
$7,034
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$300,006

Purchase Details

Closed on
Oct 13, 2006
Sold by
Wachovia Bank Na
Bought by
Preston Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2006
Sold by
Federal National Mortgage Association
Bought by
Wachovia Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2005
Sold by
Sheets Donald E and Ballard Elizabeth J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 16, 2005
Sold by
Ballard Elizabeth J
Bought by
Sheets Donald E

Purchase Details

Closed on
May 28, 2003
Sold by
Crisp Gary L and Crisp Debra E
Bought by
Sheets Donald E and Ballard Elizabeth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Bridgen Wilbanks $175,000 None Available
Preston Nicholas $115,000 Multiple
Wachovia Bank Na -- None Available
Federal National Mortgage Association $129,325 --
Sheets Donald E -- --
Sheets Donald E $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bridgen Wilbanks $8,000
Open Bridgen Wilbanks $171,830
Previous Owner Preston Nicholas $117,000
Previous Owner Sheets Donald E $120,000
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 $2,855 $286,640 $66,000 $220,640
2024 $2,855 $286,640 $66,000 $220,640
2023 $2,097 $171,920 $42,000 $129,920
2022 $2,097 $171,920 $42,000 $129,920
2021 $2,097 $171,920 $42,000 $129,920
2020 $2,097 $171,920 $42,000 $129,920
2019 $1,370 $112,290 $25,000 $87,290
2018 $1,347 $112,290 $25,000 $87,290
2017 $1,325 $112,290 $25,000 $87,290
2016 $786 $108,790 $25,000 $83,790
2015 -- $108,790 $25,000 $83,790
2014 -- $108,790 $25,000 $83,790
Source: Public Records

Map

North Carolina Cabarrus County Concord 28027

3437 Farm Lake Dr SW, Concord, NC

Not Listed for Sale

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