NOT LISTED FOR SALE

Estimated Value: $662,284 - $706,000

4 Beds
2 Baths
1,718 Sq Ft
$402/Sq Ft Est. Value

Last Sold April 14, 2025

Last sale price $691,000 $402 Per Sq Ft

Current estimated payment $3,960/month

1 Day on Market

Highlights

  • Ranch Style House
  • Fireplace
  • 2 Attached Carport Spaces
  • Myers Park High Rated A
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of April 2025

Welcome to 5435 Farmbrook Drive, a classic brick ranch in one of Charlotte's most coveted neighborhoods, Madison Park. Centrally located just minutes from Park Road Shopping Center, South End, the lightrail, South Park and the airport and just steps from the Little Sugar Creek Greenway. The inviting interior boasts newly refinished hardwood floors throughout, complemented by a cozy fireplace in the family room. Enjoy meals in the formal dining room or take advantage of the private, fenced-in backyard, perfect for entertaining on the patio or relaxing on the 4 season porch. The level backyard offers endless possibilities for a pool or outdoor kitchen. The primary bedroom offers an updated en-suite bathroom. 3 additional generous-sized bedrooms and a laundry room complete this gem of a home. Updates include a new roof & gutters (2023), A/C (2020) & Furnace (2021).

Last Agent to Sell the Property

Natalie Warren

COMPASS Brokerage Email: natalie.warren@compass.com License #349377 Listed on: 03/13/2025

COMPASS

Last Buyer's Agent

Meghan Wilkinson

Corcoran HM Properties License #175230

Corcoran HM Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 0.26

Parking

  • 2 Attached Carport Spaces

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,718 Sq Ft Home
  • Fireplace
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Schools

  • Montclaire Elementary School
  • Alexander Graham Middle School
  • Myers Park High School

Additional Features

  • Property is zoned N1-B
  • Central Heating and Cooling System

Community Details

  • Madison Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 171-201-06

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1957
  • Road Surface Type: Concrete
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 402.21
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: natalie.warren@compass.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1718
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Freezer, Refrigerator
  • Above Grade Finished Sq Ft: 1718
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1718
  • Bedroom Main: 4
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Partial

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Attached Carport

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Alexander Graham
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 171-201-06
  • ResoLotSizeUnits: Acres
  • Zoning Specification: N1-B

MLS Schools

  • Elementary School: Montclaire
  • High School: Myers Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2025
Closed on
Apr 9, 2025
Sold by
Hill Ryan and Hill Anna
Bought by
Schrum Andrew Blake
Seller's Agent
Natalie Warren
COMPASS
Buyer's Agent
Meghan Wilkinson
Corcoran HM Properties
List Price
$659,000
Sold Price
$691,000
Premium/Discount to List
$32,000
4.86%
Views
9
Current Estimated Value
$691,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321
Avg. Annual Appreciation
0.07%
Original Mortgage
$552,800
Outstanding Balance
$550,398
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$140,923

Purchase Details

Listed on
Nov 1, 2019
Closed on
Dec 30, 2019
Sold by
Bone Patrick D and Bassett Megan
Bought by
Hill Ryan and Hill Anna
Seller's Agent
Marcus Nance
Helen Adams Realty
Buyer's Agent
Robert Rich
Sterling Brokerage, LLC
List Price
$400,000
Sold Price
$390,000
Premium/Discount to List
-$10,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.42%
Original Mortgage
$312,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2015
Sold by
Christenbury Scott G and Christenbury Elizabeth S
Bought by
Bone Patrick D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2011
Sold by
Cartus Financial Corporation
Bought by
Christenbury Scott G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2010
Sold by
Faulkner Brett E and Faulkner Elizabeth G
Bought by
Cartus Financial Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2010
Sold by
Faulkner Elizabeth G and Glenn Elizabeth G
Bought by
Faulkner Brett E and Faulkner Elizabeth G

Purchase Details

Closed on
Apr 12, 2004
Sold by
Gmac Global Relocation Services Inc
Bought by
Glenn Elizabeth G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2004
Sold by
Snyder William E and Snyder Kerri P
Bought by
Gmac Global Relocation Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 2000
Sold by
Cullom Raymond S and Cullom Meryl S
Bought by
Snyder William E and Snyder Kerri P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Interest Rate
8.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 1999
Sold by
Garber Lisa M
Bought by
Cullom Raymond S and Cullom Meryl S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Schrum Andrew Blake $691,000 Harbor City Title
Schrum Andrew Blake $691,000 Harbor City Title
Hill Ryan $390,000 Fidelity National Title
Bone Patrick D $305,000 Fidelity Natl Title Ins Co
Christenbury Scott G $218,500 Fidelity Natl Title Ins Co
Cartus Financial Corporation $218,500 None Available
Faulkner Brett E -- None Available
Glenn Elizabeth G $162,000 --
Gmac Global Relocation Services Inc $162,000 --
Snyder William E $148,000 --
Cullom Raymond S $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schrum Andrew Blake $552,800
Closed Schrum Andrew Blake $552,800
Previous Owner Hill Ryan $312,000
Previous Owner Bone Patrick D $244,000
Previous Owner Christenbury Scott G $140,000
Previous Owner Glenn Elizabeth G $129,600
Previous Owner Snyder William E $118,400
Previous Owner Cullom Raymond S $110,400
Closed Glenn Elizabeth G $16,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2025 04/14/25 Sold $691,000 +4.9% $402 / Sq Ft
03/13/2025 03/13/25 For Sale $659,000 +69.0% $384 / Sq Ft
12/30/2019 12/30/19 Sold $390,000 -2.5% $227 / Sq Ft View Prior Sale
11/17/2019 11/17/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $400,000 -- $233 / 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 $3,928 $498,500 $235,000 $263,500
2024 $3,928 $498,500 $235,000 $263,500
2023 $3,796 $498,500 $235,000 $263,500
2022 $3,530 $352,800 $185,000 $167,800
2021 $3,519 $352,800 $185,000 $167,800
2020 $3,512 $342,700 $185,000 $157,700
2019 $3,399 $342,700 $185,000 $157,700
2018 $2,861 $212,500 $100,000 $112,500
2017 $2,814 $212,500 $100,000 $112,500
2016 $2,804 $212,500 $100,000 $112,500
2015 $2,793 $212,500 $100,000 $112,500
2014 $2,779 $211,500 $100,000 $111,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4231253

Canopy MLS (Canopy Realtor® Association)

APN: 171-201-06