NOT LISTED FOR SALE

Estimated Value: $675,000 - $738,268

3 Beds
2 Baths
1,894 Sq Ft
$377/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $570,000 $301 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,137/month

6 Days on Market

Highlights

  • Engineered Wood Flooring
  • Cathedral Ceiling
  • Level Lot
  • Myers Park High Rated A
  • Kitchen Island

About This Home

As of November 2021

Looking for a home that has it all? 5601 Farmbrook has an amazing open floor plan in Montclaire. The home was completely remodeled in 2019 resulting in a fantastic kitchen with a vaulted ceiling, soft-close cabinets, a gas range and a large, granite topped island with beautiful pendant lighting, nicely appointed bathrooms, new windows and other necessities. You will love the large, private master bedroom on the lower level. A new, expanded driveway for additional parking space, a sealed crawlspace and other finishing touches have been added by the current owners to make it absolutely move-in ready. There is even a large, fenced, flat backyard with a deck perfect for entertaining. The location speaks for itself! 5 min to light rail, 10 min to South Park Mall, 20 min to uptown. Close to I-77, great restaurants and shopping. All this without an HOA.

Last Agent to Sell the Property

Helen Honeycutt

RE/MAX Executive License #236398 Listed on: 10/17/2021

RE/MAX Executive

Last Buyer's Agent

Lyn Briggs

Ivester Jackson Christie's License #260165

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 0.4

Home Design

  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • Cathedral Ceiling
  • Insulated Windows
  • Window Treatments
  • Crawl Space
  • Kitchen Island

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Schools

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

Additional Features

  • Level Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 171-201-14

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: Split Level
  • Ratio Close Price By List Price: 0.99130
  • Ratio Close Price By Original Li: 0.97436
  • Ratio Current Price By Acre: 1425000.00
  • Ratio Current Price By Sq Ft: 300.95
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 570
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), Convection Oven, Electric Oven, Gas Range, Ice Maker Connection
  • Flooring: Prefinished Wood, Tile, Wood
  • Interior Amenities: Cable Available, Cathedral Ceiling(s), Kitchen Island, Split BR Plan, Window Treatments
  • Laundry Location: Main
  • Room Count: 3
  • Lower Level Sq Ft: 570
  • Main Level Sq Ft: 754
  • Total Sq Ft: 1894

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway, Parking Space - 4+

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Middle Or Junior School: Alexander Graham

Lot Info

  • Lot Dimension: 138x160x85x163
  • Lot Features: Level
  • Parcel Number: 171-201-14
  • Zoning Specification: R4

Tax Info

  • Tax Value: 357700.00
  • Tax Location: Charlotte

MLS Schools

  • Elementary School: Montclaire
  • High School: Myers Park

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2021
Closed on
Nov 18, 2021
Sold by
Hood Ansley and Hood Bryant Colby
Bought by
Russell Jonathan Adam and Russell Caitlin
Seller's Agent
Helen Honeycutt
RE/MAX Executive
Buyer's Agent
Lyn Briggs
Ivester Jackson Christie's
List Price
$585,000
Sold Price
$570,000
Premium/Discount to List
-$15,000
-2.56%
Current Estimated Value
$713,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,317
Avg. Annual Appreciation
5.64%
Original Mortgage
$425,000
Outstanding Balance
$389,439
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$323,878

Purchase Details

Listed on
Jul 4, 2019
Closed on
Aug 21, 2019
Sold by
Rama Properties Llc
Bought by
Pope Ansley and Ilood Bryant Colby
Seller's Agent
Elena Donaldson
Keller Williams Ballantyne Area
Buyer's Agent
Jeremy Howard
Keller Williams South Park
List Price
$465,000
Sold Price
$465,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.52%
Original Mortgage
$302,250
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 4, 2019
Closed on
Aug 16, 2019
Sold by
Little Janice K and Erwin Carolyn G
Bought by
Rama Properties Llc
Seller's Agent
Elena Donaldson
Keller Williams Ballantyne Area
Buyer's Agent
Jeremy Howard
Keller Williams South Park
List Price
$465,000
Sold Price
$465,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,250
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 18, 2019
Closed on
Apr 3, 2019
Sold by
Ervin Carolyn G and Ervin Alma F
Bought by
Rama Properties Llc
Seller's Agent
Bill Gordon
Douglas Carson, REALTORS
Buyer's Agent
Elena Donaldson
Keller Williams Ballantyne Area
List Price
$299,900
Sold Price
$275,000
Premium/Discount to List
-$24,900
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
271.79%
Original Mortgage
$375,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1975
Bought by
Ervin Alma F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Russell Jonathan Adam $570,000 Investors Title Insurance Co
Pope Ansley $465,000 None Available
Rama Properties Llc -- None Available
Rama Properties Llc $275,000 None Available
Ervin Alma F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell Jonathan Adam $425,000
Previous Owner Pope Ansley $302,250
Previous Owner Rama Properties Llc $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2021 11/22/21 Sold $570,000 -0.9% $301 / Sq Ft
10/23/2021 10/23/21 Pending -- -- --
10/22/2021 10/22/21 Price Changed $575,000 -1.7% $304 / Sq Ft
10/17/2021 10/17/21 For Sale $585,000 +25.8% $309 / Sq Ft
08/28/2019 08/28/19 Sold $465,000 0.0% $245 / Sq Ft View Prior Sale
07/08/2019 07/08/19 Pending -- -- --
07/04/2019 07/04/19 For Sale $465,000 +69.1% $245 / Sq Ft
04/05/2019 04/05/19 Sold $275,000 -8.3% $150 / Sq Ft View Prior Sale
02/21/2019 02/21/19 Pending -- -- --
02/18/2019 02/18/19 For Sale $299,900 -- $164 / 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 $4,661 $595,300 $235,000 $360,300
2024 $4,661 $595,300 $235,000 $360,300
2023 $4,506 $595,300 $235,000 $360,300
2022 $3,577 $357,700 $185,000 $172,700
2021 $3,566 $357,700 $185,000 $172,700
2020 $3,559 $343,000 $185,000 $158,000
2019 $3,402 $343,000 $185,000 $158,000
2018 $2,784 $206,600 $100,000 $106,600
2017 $2,737 $206,600 $100,000 $106,600
2016 $2,728 $206,600 $100,000 $106,600
2015 $2,716 $206,600 $100,000 $106,600
2014 $2,789 $212,300 $100,000 $112,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3797019

Canopy MLS (Canopy Realtor® Association)

APN: 171-201-14