Sold Mar 25, 2020
$867,000
$893,292
by Townebank Mortgage
Mortgage Due Apr 01, 2050
Local assessors in Matthews, NC have categorized 701 Farmer Mill Lane as a residential type of property.
The home was built in 2019 and is 5 years old.
The property's lot size has been calculated to be 40,162 square feet.
Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 701 Farmer Mill Lane sold most recently in Mar 25, 2020 for a total of $867,000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,067 in taxes each year. 701 Farmer Mill Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $958,500. If we break it down further, the land itself was valued at $183,000. Improvements to the property, however, were assessed at a total of $775,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 701 Farmer Mill Lane sold most recently in Mar 25, 2020 for a total of $867,000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,067 in taxes each year. 701 Farmer Mill Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $958,500. If we break it down further, the land itself was valued at $183,000. Improvements to the property, however, were assessed at a total of $775,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
This property description is generated based on publicly available data.
701 Farmer Mill Lane, Matthews, NC 28104
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