NOT LISTED FOR SALE

3578 Farmstone Dr Kannapolis, NC 28081

Estimated Value: $1,081,901 - $1,262,000

5 Beds
5 Baths
4,707 Sq Ft
$251/Sq Ft Est. Value

About This Home

This home is located at 3578 Farmstone Dr, Kannapolis, NC 28081 and is currently estimated at $1,182,634, approximately $251 per square foot. 3578 Farmstone Dr is a home located in Cabarrus County with nearby schools including Charles E. Boger Elementary School, Northwest Cabarrus Middle School, and Northwest Cabarrus High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2022
Sold by
Chiniwalla Holdings Llc
Bought by
Chiniwalla Holdings Llc and Not Given
Current Estimated Value
$1,182,634

Purchase Details

Closed on
Jun 1, 2006
Sold by
Kumar Pavan and Kumar Kokila
Bought by
First Group Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 26, 2006
Sold by
First Group Properties Inc
Bought by
Chiniwalla Nirav P and Chiniwalla Rupal N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 12, 2005
Sold by
First Group Properties Inc
Bought by
Kumar Pavan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,900
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 17, 2003
Sold by
Cyras Homes Inc
Bought by
First Group Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.75%
Mortgage Type
Construction
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
Chiniwalla Holdings Llc -- None Listed On Document
First Group Properties Inc -- None Available
Chiniwalla Nirav P $730,000 None Available
Kumar Pavan $660,000 --
First Group Properties Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chiniwalla Nirav P $584,000
Previous Owner Kumar Pavan $489,900
Previous Owner First Group Properties Inc $350,000
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 -- $990,650 $160,000 $830,650
2024 $11,249 $990,650 $160,000 $830,650
2023 $9,842 $718,360 $50,000 $668,360
2022 $9,842 $718,360 $50,000 $668,360
2021 $9,842 $718,360 $50,000 $668,360
2020 $9,842 $718,360 $50,000 $668,360
2019 $8,851 $646,060 $69,000 $577,060
2018 $8,722 $646,060 $69,000 $577,060
2017 $8,593 $646,060 $69,000 $577,060
2016 $8,593 $659,570 $100,000 $559,570
2015 $8,284 $659,570 $100,000 $559,570
2014 $8,284 $659,570 $100,000 $559,570
Source: Public Records

Map

North Carolina Cabarrus County Kannapolis 28081

3578 Farmstone Dr, Kannapolis, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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