NOT LISTED FOR SALE

3541 Farm Lake Dr SW Concord, NC 28027

Estimated Value: $301,000 - $314,000

3 Beds
2 Baths
1,267 Sq Ft
$244/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $205,000 $162 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,941/month

3 Days on Market

About This Home

As of December 2020

Don't miss this great ranch style home! New updates include flooring, ceiling fans, smooth ceilings, can lighting, etc Rocking chair wrap around side porch. Covered deck out back looking over the fenced yard. Fire pit for the cool nights ahead! This won't last long so make an appointment today!

Last Agent to Sell the Property

Amber Lube

Keller Williams Premier License #228134 Listed on: 11/16/2020

Keller Williams Premier

Last Buyer's Agent

James Moon

Strategic Property Group License #276478

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 0.32

Home Design

  • Vinyl Siding

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 5519-82-3381-0000

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.03015
  • Ratio Close Price By Original Li: 1.03015
  • Ratio Current Price By Acre: 640625.00
  • Ratio Current Price By Sq Ft: 161.80
  • Year Built: 1988
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Brick
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Electric Oven
  • Flooring: Carpet, Laminate Wood, Tile
  • Laundry Location: Closet
  • Room Count: 1
  • Main Level Sq Ft: 1267
  • Total Sq Ft: 1267

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway

Utilities

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

Schools

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

Lot Info

  • Lot Size Area: 0.320
  • Parcel Number: 5519-82-3381-0000
  • Zoning Specification: RM-2

Tax Info

  • Tax Value: 155610.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2020
Closed on
Dec 17, 2020
Sold by
Pulley Carl T
Bought by
Little Nateesha M
Seller's Agent
Amber Lube
Keller Williams Premier
Buyer's Agent
James Moon
Strategic Property Group
List Price
$199,000
Sold Price
$205,000
Premium/Discount to List
$6,000
3.02%
Current Estimated Value
$309,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,297
Avg. Annual Appreciation
9.39%
Original Mortgage
$201,286
Outstanding Balance
$181,664
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$128,981

Purchase Details

Closed on
Dec 5, 2007
Sold by
Hammac Richard E and Hammac Rachel L
Bought by
Pulley Carl T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,586
Interest Rate
6.29%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 9, 2007
Sold by
Coxe Henry T and Coxe Ruth V
Bought by
Hammac Richard E and Hammac Rachel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,800
Interest Rate
6.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2004
Sold by
Little Ricky Herrin and Little Bonnie Coxe
Bought by
Coxe Henry T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,975
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1996
Bought by
Little Ricky Herrin

Purchase Details

Closed on
Jul 1, 1988
Source: Public Records

Range of Values:

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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
Little Nateesha M $205,000 None Available
Pulley Carl T $116,500 Nc Titles
Hammac Richard E $88,688 None Available
Coxe Henry T $110,500 --
Little Ricky Herrin $90,000 --
-- $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Little Nateesha M $201,286
Previous Owner Pulley Carl T $115,586
Previous Owner Hammac Richard E $79,800
Previous Owner Coxe Henry T $83,200
Previous Owner Coxe Henry T $104,975
Previous Owner Little Ricky Herrin $95,888
Previous Owner Little Ricky Herrin $15,000
Previous Owner Little Ricky Herrin $86,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2020 12/17/20 Sold $205,000 +3.0% $162 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
11/16/2020 11/16/20 For Sale $199,000 -- $157 / 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 $2,974 $298,550 $66,000 $232,550
2023 $2,333 $191,240 $42,000 $149,240
2022 $2,333 $191,240 $42,000 $149,240
2021 $2,333 $191,240 $42,000 $149,240
2020 $1,898 $155,610 $42,000 $113,610
2019 $1,429 $117,090 $25,000 $92,090
2018 $1,405 $117,090 $25,000 $92,090
2017 $1,382 $117,090 $25,000 $92,090
2016 $820 $110,990 $25,000 $85,990
2015 $1,310 $110,990 $25,000 $85,990
2014 $1,310 $110,990 $25,000 $85,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3682982

Canopy MLS (Canopy Realtor® Association)

APN: 5519-82-3381-0000