NOT LISTED FOR SALE

8541 Flowe Farm Rd Concord, NC 28025

Estimated Value: $531,000 - $715,127

3.44 Acres
$174,065 Price per Acre
149,846 Sq Ft Lot

Last Sold December 16, 2016

Last sale price $79,000

Est. 658% increase in value since last sale

Current estimated payment $3,654/month

80 Days on Market

About This Lot

As of December 2016

Rare opportunity for quiet seclusion on a serene, mostly wooded lot located off Flowes Store Rd. Almost 3 & 1/2 acres on a private cul-de-sac street, w/approximately 1 acre cleared in the center 12 years ago at cost of $10.1k, allowing hard woods to fill in. Lot leveled & drive put in w/trees, grass seed, drainage pipe & irrigation pipes for $13k. Well put in at cost of $8246. Perfect location w/easy access to Hwy 24-27 and I-485. Lot is ready to build on now w/power, water & 4 BR Septic permit.

Last Agent to Sell the Property

Timothy Miller

LT Properties License #210072 Listed on: 07/15/2016

Co-Listed By

Lisa Miller

LT Properties License #246790

Last Buyer's Agent

Alison Mathews

Allen Tate Lake Norman License #212833

Allen Tate Lake Norman

Property Details

Property Type

  • Land

Year Built

  • 2017

Lot Details

  • Level Lot
  • Wooded Lot
  • Property is zoned Residential Lot

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number 5536-37-2019-0000

Property Details

Property Type

Land

Year Built

2017

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.79000
  • Ratio Close Price By Original Li: 0.79000
  • Ratio Current Price By Acre: 22965.12
  • Special Features: None
  • Year Built (Public Record): 2017

Exterior Features

  • Construction Type: Site Built
  • Publically Maintained Road: Yes
  • Cleared Acres: 1.20

Utilities

  • Water: Well

Schools

  • Elementary School: Bethel
  • Middle School: C.C. Griffin
  • High School: Central Cabarrus

Lot Info

  • Lot Features: Level, Paved Frontage, Wooded
  • Lot Size Area: 3.440
  • Parcel Number: 5536-37-2019-0000
  • Zoning: Residential Lot
  • Zoning Specification: CR
  • Wooded Acres: 2.24

Tax Info

  • Tax Value: 69230.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2016
Closed on
Dec 9, 2016
Sold by
Gould William L and Gould Kipsy C
Bought by
Houston Joseph Heath and Houston Ashley Brooke
Seller's Agent
Timothy Miller
LT Properties
Buyer's Agent
Alison Mathews
Allen Tate Lake Norman
List Price
$100,000
Sold Price
$79,000
Premium/Discount to List
-$21,000
-21%
Total Days on Market
80
Current Estimated Value
$598,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$519,782
Avg. Annual Appreciation
27.50%
Original Mortgage
$305,500
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2003
Sold by
Gould William Lester and Gould William L
Bought by
Gould William L and Gould Kipsy C

Purchase Details

Closed on
Jan 1, 1994
Source: Public Records

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    Kandie Lambert RE/MAX Leading Edge

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Range of Values:

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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
Houston Joseph Heath $79,000 Investors Title
Gould William L -- --
-- $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houston Joseph Heath $100,000
Open Houston Joseph Heath $310,100
Closed Houston Joseph Heath $305,500
Closed Houston Joseph Heath $298,862
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2016 12/16/16 Sold $79,000 -21.0% --
10/03/2016 10/03/16 Pending -- -- --
07/15/2016 07/15/16 For Sale $100,000 -- --
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
2024 $3,656 $540,770 $127,750 $413,020
2023 $2,936 $349,550 $75,490 $274,060
2022 $2,936 $331,240 $75,490 $255,750
2021 $2,683 $331,240 $75,490 $255,750
2020 $2,683 $331,240 $75,490 $255,750
2019 $2,286 $282,240 $69,230 $213,010
2018 $2,201 $282,240 $69,230 $213,010
2017 $526 $69,230 $69,230 $0
2016 $519 $69,230 $69,230 $0
2015 $516 $69,230 $69,230 $0
2014 $516 $69,230 $69,230 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3197750

Canopy MLS (Canopy Realtor® Association)

APN: 5536-37-2019-0000