NOT LISTED FOR SALE

3438 Carmel Forest Dr Unit 5 Charlotte, NC 28226

Carmel Neighborhood

Estimated Value: $668,000 - $754,000

4 Beds
3 Baths
2,470 Sq Ft
$290/Sq Ft Est. Value

About This Home

This home is located at 3438 Carmel Forest Dr Unit 5, Charlotte, NC 28226 and is currently estimated at $716,930, approximately $290 per square foot. 3438 Carmel Forest Dr Unit 5 is a home located in Mecklenburg County with nearby schools including Smithfield Elementary School, Quail Hollow Middle, and South Mecklenburg High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2021
Sold by
Yarrington Linda M and Garlock James D
Bought by
Failla Melissa Jane and Failla Steven Christopher
Current Estimated Value
$716,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,325
Outstanding Balance
$419,785
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$274,503

Purchase Details

Closed on
Jun 16, 2016
Sold by
Yarrington Linda M and Garlock James D
Bought by
Yarrington Linda M and Yarrington James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 16, 2013
Sold by
Moore Lisa R and Harrington John Norris
Bought by
Yarrington Linda M and Garlock James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,625
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2004
Sold by
Long Russell D and Long Sheridan A
Bought by
Moore Lisa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.38%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 2, 2000
Sold by
Wollenhaupt Larry D and Wollenhaupt Rowena B
Bought by
Long Russell D and Long Sheridan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,800
Interest Rate
8.27%
Mortgage Type
Credit Line Revolving
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
Failla Melissa Jane $483,500 None Available
Yarrington Linda M -- First American Title Insuran
Yarrington Linda M $277,500 None Available
Moore Lisa R $247,000 --
Long Russell D $192,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Failla Melissa Jane $180,000
Open Failla Melissa Jane $459,325
Previous Owner Yarrington Linda M $246,000
Previous Owner Yarrington Linda M $263,625
Previous Owner Harrington Lisa M $261,600
Previous Owner Moore Lisa R $50,000
Previous Owner Moore Lisa R $197,520
Previous Owner Long Russell D $163,200
Previous Owner Long Russell D $28,800
Previous Owner Long Russell D $163,200
Previous Owner Wollenhaupt Larry D $161,250
Closed Moore Lisa R $24,690
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
2024 $4,313 $549,300 $185,000 $364,300
2023 $4,313 $546,500 $185,000 $361,500
2022 $3,594 $359,400 $130,000 $229,400
2021 $3,583 $359,400 $130,000 $229,400
2020 $3,575 $359,400 $130,000 $229,400
2019 $3,560 $359,400 $130,000 $229,400
2018 $3,437 $256,400 $55,000 $201,400
2017 $3,382 $256,400 $55,000 $201,400
2016 $3,372 $256,400 $55,000 $201,400
2015 $3,361 $256,400 $55,000 $201,400
2014 $3,355 $256,400 $55,000 $201,400
Source: Public Records

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