NOT LISTED FOR SALE

3697 Farm Lake Dr SW Concord, NC 28027

Estimated Value: $302,000 - $334,000

3 Beds
2 Baths
1,298 Sq Ft
$248/Sq Ft Est. Value

Last Sold September 05, 2019

Last sale price $191,000 $147 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,013/month

2 Days on Market

Highlights

  • Private Lot
  • Ranch Style House
  • Fireplace
  • J.N. Fries Middle School Rated A-
  • Recreation Facilities
  • Walk-In Closet

About This Home

As of September 2019

Welcome into this charming updated ranch backing up to Frank Liske Park! Freshly painted throughout, the bright open floor plan includes a warm fireside family room with vaulted ceiling and elegant dining space. At the heart of the home, an eat-in kitchen features ample wood cabinetry, black appliances, and pantry. A private master bedroom has large walk-in closet and ensuite bathroom. Brand new carpet throughout and new water heater. Two sizable secondary bedrooms and an updated bathroom complete the space. Phenomenal location close to shopping and dining, park amenities include picnic pavilions, fishing & boating lake, athletic fields, and mini-golf. Relax and enjoy the beautiful backyard from the newly stained deck in this lovely neighborhood!

Last Agent to Sell the Property

Montana Brewer

Orchard Brokerage, LLC License #297205 Listed on: 08/05/2019

Last Buyer's Agent

Zack El Ali

Winst Properties LLC License #279729

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • Private Lot
  • Level Lot

Parking

  • 2

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Laminate Flooring
  • Crawl Space
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Shed

Community Details

  • Recreation Facilities

Listing and Financial Details

  • Assessor Parcel Number 5519-62-3131-0000

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.98454
  • Ratio Close Price By Original Li: 0.98454
  • Ratio Current Price By Acre: 830434.78
  • Ratio Current Price By Sq Ft: 147.15
  • Year Built: 1997
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), CO Detector, Cable Prewire, Cooktop Electric, Dishwasher, Electric Dryer Hookup, Electric Range, Exhaust Fan, Refrigerator, Electric Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Laminate Wood
  • Interior Amenities: Attic Stairs Pulldown, Pantry, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1298
  • Total Sq Ft: 1298

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Shed(s)

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway, Garage - 2 Car, Garage Door Opener

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Recreation Area

Lot Info

  • Lot Features: Level, Private
  • Parcel Number: 5519-62-3131-0000
  • Zoning Specification: RM-2

Tax Info

  • Tax Value: 134930.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2019
Closed on
Aug 5, 2019
Sold by
Turknett Brandon Charles and Turknett Abbie Dawn
Bought by
Cook Nina
Seller's Agent
Montana Brewer
Orchard Brokerage, LLC
Buyer's Agent
Zack El Ali
Winst Properties LLC
List Price
$194,000
Sold Price
$191,000
Premium/Discount to List
-$3,000
-1.55%
Current Estimated Value
$330,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,293
Avg. Annual Appreciation
8.61%
Original Mortgage
$152,800
Outstanding Balance
$133,825
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$187,729

Purchase Details

Closed on
Nov 18, 2014
Sold by
Seamon Jaymes D
Bought by
Turknett Brandon Charles and Turknett Abbie Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,925
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 18, 2007
Sold by
Labrie Kenneth B and Labrie Maria E
Bought by
Seamon Jaymes D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2007
Sold by
Wells Fargo Bank Na
Bought by
Labrie Kenneth B and Labrie Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2007
Sold by
Williams Kristen Therese and Summey Daniel B
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 25, 2005
Sold by
Williams Joseph T and Williams Theresa
Bought by
Williams Kristen Therese and Summey Daniel B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
8.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2003
Sold by
Hud
Bought by
Williams Joseph T and Williams Kristen Therese

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,150
Interest Rate
5.6%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cook Nina $194,000 None Available
Turknett Brandon Charles $114,000 None Available
Seamon Jaymes D $138,000 None Available
Labrie Kenneth B $99,500 None Available
Wells Fargo Bank Na $119,722 None Available
Williams Kristen Therese -- --
Williams Joseph T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Nina $152,800
Previous Owner Turknett Brandon Charles $111,925
Previous Owner Seamon Jaymes D $138,000
Previous Owner Williams Kristen Therese $108,000
Previous Owner Williams Joseph T $97,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2019 09/05/19 Sold $191,000 -1.5% $147 / Sq Ft
08/07/2019 08/07/19 Pending -- -- --
08/05/2019 08/05/19 For Sale $194,000 -- $149 / 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
2025 $3,327 $334,020 $66,000 $268,020
2024 $3,327 $334,020 $66,000 $268,020
2023 $2,301 $188,580 $42,000 $146,580
2022 $2,301 $188,580 $42,000 $146,580
2021 $2,301 $188,580 $42,000 $146,580
2020 $2,301 $188,580 $42,000 $146,580
2019 $1,646 $134,930 $25,000 $109,930
2018 $1,619 $134,930 $25,000 $109,930
2017 $1,592 $134,930 $25,000 $109,930
2016 $945 $128,270 $25,000 $103,270
2015 -- $128,270 $25,000 $103,270
2014 -- $128,270 $25,000 $103,270
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3534424

Canopy MLS (Canopy Realtor® Association)

APN: 5519-62-3131-0000