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Terra Vista Realty
3626 Farm Lake Drive
3626 Farm Lake Drive
$326,655 (our value guesstimate)
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Concord, NC 28027 ▪  (MLS # 3934898)
1-car garage  ▪   Built: 1991  ▪   Primary on Main
3 bed  ▪  2 full bath  ▪  1,436 Sq Ft
Sold for $305,000 on Feb 17, 2023
3626 Farm Lake Drive
$326,655 (our value guesstimate)
Concord, NC 28027 ▪  (MLS # 3934898)
1-car garage  ▪   Built: 1991  ▪   Primary on Main
3 bed  ▪  2 full bath  ▪  1,436 Sq Ft
Sold for $305,000 on Feb 17, 2023
SOLD FEB 17, 2023
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$305,000  (sales price)
3 bed  ▪  2 full bath  ▪  1,436 Sq Ft
3626 Farm Lake Drive
Concord, NC 28027 (MLS # 3934898)
.25 acres  ▪   Built: 1991  ▪   Primary Bedroom on Main
Subdivision: Park View
Concord, NC / 28027

Our Value Guesstimate (from Computer Algorithm): $326,655

Our computer algorithm has estimated that this home would be likely to sell in a range between $277,657 and $375,653.
Sale Details
Sales Price: $305,000
Closed: Feb 17, 2023 (405 days ago)
List Price: $300,000
Sold for: 102% of list price
Cumulative Days on Market: 4
Price/Sq Ft: $212
Remarks - 3626 Farm Lake Drive
(from previous listing) Cute ranch-style home with oversized one car garage and a fenced backyard. Entering the front door you will find the freshly cleaned Berber carpet leading into the living room with a ceiling fan. Open to the eat-in kitchen and breakfast area. All appliances convey including the Stainless steel refrigerator and the stainless steel 5-burner gas range. From the kitchen you can access the oversized 1-car garage with ample room for storage. Heading over to the primary suite, this is a spacious ro ...
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General Info - MLS # 3934898
Parking: Attached
Year Built: 1991
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Concord / Cabarrus County
Lot Size: .25 acres
Area Schools
1/10
Wolf Meadow Elementary School
Distance: 0.8 mi
J N Fries
6/10
West Cabarrus High School
Distance: 2.9 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Park View
Listing History
02/17/2023: MLS Sold for $305,000 (Canopy MLS)
Cumulative Days on Market: 4
More details

County Tax Data
2022 County Tax Assessment: $160,130
Next Cabarrus County Tax Assessment: 2024
2022 Property Taxes: $1,954
County Appraisal & Ownership Records
County Tax Bills

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

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28027 ZIP Code Trends
28027 ZIP Code Trends

OUR RATING: VERY COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28027 is the 21st most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28027 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

15
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 15 cumulative days on market in the 28027 area. Compare this with the Charlotte metro area median of 17 days on market.

27%
Of Recently Sold Homes
Over Asking Price
27% of previously owned 28027-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28027.

46%
of Available Homes
Are Under Contract
46% of previously owned 28027-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28027 Area Metro Area
1-year + 2% + 3%
2-year - 1% + 2%
5-year +65% +66%
The price per square foot of 28027-area re-sale homes has increased by approximately 65% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $198 per square foot in 28027 over the past 90 days - as compared to $212 for the entire metro area.

15
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 15 cumulative days on market in the 28027 area. Compare this with the Charlotte metro area median of 17 days on market.

26%
Of Recently Sold Homes
Over Asking Price

26% of previously owned 28027-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28027.

Price Per Square Foot Change
Period 28027
Area
Metro
Area
1-year + 2% + 3%
2-year - 1% + 2%
5-year +65% +66%

The price per square foot of 28027-area re-sale homes has increased by approximately 65% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $198 per square foot in 28027 over the past 90 days - as compared to $212 for the entire metro area.

46%
of Available Homes
Are Under Contract

46% of previously owned 28027-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.



Our Value Guesstimate: $326,655

Our computer algorithm has estimated that this home would be likely to sell in a range between $277,657 and $375,653.


Sale Details
Sales Price: $305,000
Closed: Feb 17, 2023 (405 days ago)
List Price: $300,000
Sold for: 102% of list price
Cumulative Days on Market: 4
Price/Sq Ft: $212
Remarks
(from previous listing) Cute ranch-style home with oversized one car garage and a fenced backyard. Entering the front door you will find the freshly cleaned Berber carpet leading into the living room with a ceiling fan. Open to the eat-in kitchen and breakfast area. All appliances convey including the Stainless steel ref ...
Continue reading

General Info - MLS 3934898
Parking: Attached
Year Built: 1991
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Concord / Cabarrus County
Lot Size: .25 acres

Neighborhood Info
Subdivision: Park View
Listing History
02/17/2023: MLS Sold for $305,000 (Canopy MLS)
Cumulative Days on Market: 4
More details

Area Schools
1/10
Wolf Meadow Elementary School
Distance: 0.8 mi
J N Fries
6/10
West Cabarrus High School
Distance: 2.9 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.


  More Home Details
  Map / Satellite View

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


 



1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents



1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.



CDS Data Share Based on information submitted to the MLS GRID as of 03/28/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2024 Canopy Multiple Listing Services, Inc. All rights reserved.