NOT LISTED FOR SALE

3881 Marlowe Farm Dr Concord, NC 28027

Estimated Value: $174,000 - $455,000

5.83 Acres
$46,051 Price per Acre
253,955 Sq Ft Lot

Last Sold April 03, 2024

Last sale price $175,000

Est. 53% increase in value since last sale

Current estimated payment $1,498/month

21 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Pasture
  • Charles E. Boger Elementary School Rated A-

About This Lot

As of April 2024

Attention Builders and/or Investors, this parcel is 5.83 AC in the Northwest section of Cabarrus County off of Trinity Church Drive. The acreage is at the back right corner of a large family farm. Land will need a road put in to access property. A survey was done in 1994 and lots were marked off along with a 45-foot ROW going from road to property that is for sale. Since 1994, the markings for ROW and lots are long since gone so there are a couple of fences believed to be in the path of the ROW. Before a road is put in, a new survey would need to be completed. The family has assured the seller's attorney that any fences that are currently in the path of the ROW will be removed when survey markings are established. Seller is motivated to sell and will make an allowance of $6k towards the cost of a survey and/or access road.

Last Agent to Sell the Property

Lisa Jolly

DM Properties & Associates Brokerage Email: lisajolly@dmaherproperties.com License #331745 Listed on: 08/10/2022

Co-Listed By

Rhonda Jolly

DM Properties & Associates Brokerage Email: lisajolly@dmaherproperties.com License #331746

Last Buyer's Agent

Geoff Stafford

Stafford House Realty & Property Solutions

Stafford House Realty & Property Solutions

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,080

Lot Details

  • 5.83 Acre Lot
  • Wooded Lot
  • Possible uses of the property include Residential
  • Property is zoned AO

Schools

  • Charles E. Boger Elementary School
  • Northwest Cabarrus Middle School
  • Northwest Cabarrus High School

Farming

  • Pasture

Utilities

  • Well Required
  • Septic Needed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4692-48-6774-0000

Property Details

Property Type

Land

Est. Annual Taxes

$1,080

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: No
  • Restrictions: No Representation
  • Road Frontage Type: Easement, Other - See Remarks
  • ResoPropertyType: Land
  • Attribution Contact: lisajolly@dmaherproperties.com
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Room Count: 0

Exterior Features

  • Road Frontage: 0
  • Other Structures: None

Garage/Parking

  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Northwest Cabarrus
  • HOA Subject To: None

Lot Info

  • Lot Features: Pasture, Wooded
  • Lot Size Area: 5.83
  • Lot Size Units: Acres
  • Parcel Number: 4692-48-6774-0000
  • Lot Size Acres: 5.83
  • Lot Size Sq Ft: 253954
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AO

MLS Schools

  • Elementary School: Charles E. Boger
  • High School: Northwest Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2023
Sold by
Riddle-Marlowe Betty and Chubbuck Lester Eric
Bought by
Stafford Geoffrey Robin and Stafford Chloie Breia
Current Estimated Value
$268,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2014
Sold by
Marlowe Betty Ballard
Bought by
Marlow Tony A and Marlow Dorothy Gail
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.

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
Stafford Geoffrey Robin $175,000 Fortified Title
Marlow Tony A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stafford Geoffrey Robin $131,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2024 04/03/24 Sold $175,000 0.0% --
10/17/2022 10/17/22 For Sale $175,000 0.0% --
08/31/2022 08/31/22 Pending -- -- --
08/10/2022 08/10/22 For Sale $175,000 -- --
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 $1,080 $159,760 $159,760 $0
2024 $1,080 $159,760 $159,760 $0
2023 $586 $69,790 $69,790 $0
2022 $586 $69,790 $69,790 $0
2021 $586 $69,790 $69,790 $0
2020 $586 $69,790 $69,790 $0
2019 $475 $56,490 $56,490 $0
2018 $463 $56,490 $56,490 $0
2017 $441 $56,490 $56,490 $0
2016 $415 $63,140 $63,140 $0
2015 -- $63,140 $63,140 $0
2014 -- $63,140 $63,140 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3889108

Canopy MLS (Canopy Realtor® Association)

APN: 4692-48-6774-0000