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4002 Farm Pond Road

4002 Farm Pond Road, Indian Trail, NC 28079
Property in Union
Sold Mar 17, 2020
$255,000
$263,200 by Fairway Independent Mortgage C
Mortgage Due Feb 01, 2052
Sold Oct 13, 2011
$139,000
$138,098 by Bank Of America Na
Mortgage Due Nov 01, 2041
4002 Farm Pond Road has been categorized by the local assessors in Indian Trail, NC as a residential type of property. The building on the property was first built in 2011 and is 13 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4002 Farm Pond Road has 1,854 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,534 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 412 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4002 Farm Pond Road was last sold in Mar 17, 2020 for $255,000. According to our calculations, that's $137.54 per sqft. Prior to that sales transaction, the property was sold for $139,000 in Oct 13, 2011. Current property owners are expected to pay $2,083 in taxes per year. The property on 4002 Farm Pond Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $248,400. To break that down further, the land itself was valued at $51,000. While improvements to the property were assessed at a total of $197,400. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 412
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 1,854
  • Building Area: 1,854
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,854
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FIELDSTONE FARM
  • Land Acres: 0.15
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: #437 FIELDSTONE FARM MP3

Ownership

  • Current Owner : ADKINS JULIA LYNN
  • Current Owner 2: WHEELER BRANDON MARK
  • Previous Owner : TENENIKA PAVEL I
  • Previous Owner 2: TENENIKA MARYANA P
  • Owner Before Previous Owner: CENTEX HOMES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Union County Public Schools
  • Census Tract: 020305

Zoning

  • Zoning: SF-5 INDIA

Geography

  • District: 7
  • Parcel: 07-003-118
  • Municipality: VANCE TWP
  • Latitude: 35.0947
  • Longitude: -80.5931

    Address

  • Full Address: 4002 Farm Pond Rd
  • Address - House Number: 4002
  • Address - Street Name: Farm Pond
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Indian Trail
  • Carrier Code: R055
  • 4-Digit Zip Code: 5781
  • Zip Code: 28079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,083
  • Tax Rate Code Area: 623

    Appraisal Valuation

  • Standard Deviation: 0.1602
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 80
  • Final Value: 390,222
  • High Value: 452,737
  • Low Value: 327,707

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $263,200
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jan 18, 2022
  • First Open Lien Mortgage Loan Amount: $263,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $248,400
  • Market Land Value: $51,000
  • Market Improvement Value: $197,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $248,400
  • Assessed Land Value: $51,000
  • Assessed Improvements Value: $197,400

    Sales

  • Current Sale Contract Date: Mar 17, 2020
  • Current Sale Recording Date: Mar 17, 2020
  • Current Sale Transaction ID: 11755328622
  • Current Sale Price: $255,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8987
  • Previous Sale Recording Date: Oct 13, 2011
  • Previous Sale Contract Date: Oct 13, 2011
  • Previous Sale Amount: $139,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Mar 17, 2020
  • First Mortgage Loan Amount: $247,350
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Oct 13, 2011
  • Previous Mortgage Loan Amount: $138,098
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2041

About Indian Trail



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 4002 Farm Pond Road located in?
The 4002 Farm Pond Road is a located in the neighborhood of Union in Indian Trail, Indian Trail.
What is the average sales price for listings in 4002 Farm Pond Road?
The average sales price for units in 4002 Farm Pond Road is $0 currently.

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