NOT LISTED FOR SALE

3550 Farm Lake Dr SW Concord, NC 28027

Estimated Value: $294,000 - $338,000

3 Beds
2 Baths
1,355 Sq Ft
$233/Sq Ft Est. Value

Last Sold October 28, 2015

Last sale price $132,000 $97 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $1,996/month

26 Days on Market

Highlights

  • Living Room with Fireplace
  • Screened Porch
  • 1 Car Garage
  • J.N. Fries Middle School Rated A-
  • Home Security System
  • Lot Has A Rolling Slope

About This Home

As of October 2015

Very nice clean and ready to move into! Master bedroom on main floor and features brand new carpet. Screened porch to relax on with an attached 15 x 11 deck. Wood burning fireplace. Upper bedroom features a large walk in closet. Fenced yard for your children and/or pets. Storage building.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,855

Year Built

  • Built in 1986

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 80x185.09x66x190
  • Property fronts an interstate
  • Lot Has A Rolling Slope
  • Possible uses of the property include Gardening

Parking

  • 1 Car Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,355 Sq Ft Home
  • Living Room with Fireplace
  • Screened Porch
  • Crawl Space
  • Home Security System

Kitchen

  • Built-In Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Wolf Meadow Elementary School
  • C.C. Griffin Middle School
  • Central Cabarrus High School

Utilities

  • Heat Pump System

Community Details

  • Parkview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 82

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,855

Year Built

Built in 1986

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Other
  • Year Built: 1986
  • Inclusions: Building,Business
  • Restrictions: No Restrictions,Other - See Remarks
  • Road Frontage Type: Interstate
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Other
  • Special Features: 12

Interior Features

  • Foundation Details: Crawl Space
  • Sq Ft Unheated Basement: 0
  • Possible Use: Gardening
  • Appliances: Dishwasher, Refrigerator, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Living Room
  • Living Area: 1355
  • Room Count: 6

Exterior Features

  • Roof: Composition
  • Construction Type: Concrete Block, Vinyl, Other - See Remarks
  • Patio And Porch Features: Front Porch, Screened

Garage/Parking

  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer, Other - See Remarks
  • Security: Security System
  • Cooling: Heat Pump
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: C.C. Griffin

Lot Info

  • Lot Features: Rolling Slope
  • Lot Size Area: 0.3
  • Lot Size Units: Acres
  • Parcel Number: 82
  • Lot Size Acres: 0.3
  • Lot Size: 80x185.09x66x190
  • Lot Size Sq Ft: 13068
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wolf Meadow
  • High School: Central Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2024
Sold by
Walser Brian A
Bought by
Walser Brian A and Komendat Michele A
Current Estimated Value
$315,688

Purchase Details

Closed on
Jun 7, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Breslin David M and Breslin Tracy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,230
Interest Rate
4.83%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 2010
Sold by
Baker Rickey L
Bought by
Federal Home Loan Mortgage Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,230
Interest Rate
4.83%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 13, 2010
Sold by
Baker Ricky L
Bought by
Duncan H Edward

Purchase Details

Closed on
Aug 4, 2006
Sold by
Baker Selina
Bought by
Baker Ricky L

Purchase Details

Closed on
Apr 1, 1996
Bought by
Baker Ricky L and Baker Wife

Purchase Details

Closed on
Jul 1, 1986
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
Walser Brian A -- None Listed On Document
Breslin David M -- None Available
Federal Home Loan Mortgage Corp $129,587 None Available
Duncan H Edward -- None Available
Baker Ricky L -- None Available
Baker Ricky L $99,500 --
-- $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Breslin David M $94,230
Previous Owner Baker Rickey L $119,000
Previous Owner Baker Rickey L $118,275
Previous Owner Baker Rickey L $118,275
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2016 01/27/16 Off Market $132,000 -- --
10/28/2015 10/28/15 Sold $132,000 -4.9% $97 / Sq Ft
09/18/2015 09/18/15 Pending -- -- --
08/23/2015 08/23/15 For Sale $138,777 -- $102 / 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 $2,855 $286,630 $66,000 $220,630
2023 $2,090 $171,280 $42,000 $129,280
2022 $2,090 $171,280 $42,000 $129,280
2021 $2,090 $171,280 $42,000 $129,280
2020 $2,090 $171,280 $42,000 $129,280
2019 $1,583 $129,750 $25,000 $104,750
2018 $1,557 $129,750 $25,000 $104,750
2017 $1,531 $129,750 $25,000 $104,750
2016 $908 $125,830 $25,000 $100,830
2015 -- $125,830 $25,000 $100,830
2014 -- $125,830 $25,000 $100,830
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R58063

Canopy MLS (Canopy Realtor® Association)

APN: 5519-82-1455-0000