NOT LISTED FOR SALE

1024 Midlake Rd Kannapolis, NC 28083

Estimated Value: $290,000 - $321,000

3 Beds
2 Baths
1,746 Sq Ft
$178/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $275,000 $158 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,888/month

6 Days on Market

Highlights

  • Laundry Room
  • Attached Carport
  • Central Air
  • 1-Story Property
  • Four Sided Brick Exterior Elevation
  • Baseboard Heating

About This Home

As of January 2024

Great brick ranch with full basement sitting on nearly 1 acre! The house has great bones and is ready for a new owner looking to breathe new life into it. Basement has roll up garage door, fireplace, full door out to backyard and lots of storage. Great location convenient to lots of restaurants, shopping and 85.

Last Agent to Sell the Property

Nancy Jarrell

Berkshire Hathaway HomeServices Carolinas Realty Brokerage Email: newhomenancy@gmail.com License #109982 Listed on: 12/02/2023

Berkshire Hathaway HomeServices Carolinas Realty

Last Buyer's Agent

Lupita Adame Cisneros

EXP Realty LLC License #301008

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,175

Year Built

  • Built in 1964

Lot Details

  • Property is zoned RM-2

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Garage
  • Attached Carport
  • Basement Garage

Schools

  • Forest Park Elementary School
  • Kannapolis Middle School
  • A.L. Brown High School

Utilities

  • Central Air
  • Baseboard Heating
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5623-84-1914-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,175

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1964
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 157.50
  • Geocode Confidence: High
  • Attribution Contact: newhomenancy@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1746
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1746
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Total: 1746
  • Sq Ft Upper: 0
  • Appliances: Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1746
  • Has Basement: Basement Garage Door, Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1746
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Attached Carport

Utilities

  • Heating: Baseboard
  • Sewer: Septic Installed
  • Laundry Features: In Basement
  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Kannapolis
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5623-84-1914-0000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RM-2

MLS Schools

  • Elementary School: Forest Park
  • High School: A.L. Brown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2023
Closed on
Jan 26, 2024
Sold by
Cochran Dare F
Bought by
Angeles Iriana Juliet
Seller's Agent
Nancy Jarrell
Berkshire Hathaway HomeServices Carolinas Realty
Buyer's Agent
Lupita Adame Cisneros
EXP Realty LLC
List Price
$275,000
Sold Price
$275,000
Views
33
Current Estimated Value
$310,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,032
Avg. Annual Appreciation
7.05%
Original Mortgage
$270,019
Outstanding Balance
$265,543
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$44,489

Purchase Details

Closed on
Aug 11, 2000
Sold by
Cline Mary M
Bought by
Cochran Daniel F and Cochran Dare F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,800
Interest Rate
8.23%
Source: Public Records

Range of Values:

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Average Value
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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
Angeles Iriana Juliet $275,000 None Listed On Document
Cochran Daniel F $148,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Angeles Iriana Juliet $270,019
Previous Owner Cochran Daniel F $118,800
Closed Cochran Daniel F $19,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2024 01/26/24 Sold $275,000 0.0% $158 / Sq Ft
12/08/2023 12/08/23 Pending -- -- --
12/02/2023 12/02/23 For Sale $275,000 -- $158 / 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 $3,175 $279,570 $75,000 $204,570
2024 $3,138 $276,320 $75,000 $201,320
2023 $1,933 $186,080 $52,500 $133,580
2022 $1,933 $186,080 $52,500 $133,580
2021 $1,933 $186,080 $52,500 $133,580
2020 $1,933 $186,080 $52,500 $133,580
2019 $1,233 $135,010 $28,900 $106,110
2018 $1,215 $135,010 $28,900 $106,110
2017 $1,197 $135,010 $28,900 $106,110
2016 $1,197 $154,750 $34,000 $120,750
2015 $1,383 $154,750 $34,000 $120,750
2014 $1,383 $154,750 $34,000 $120,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4091422

Canopy MLS (Canopy Realtor® Association)

APN: 5623-84-1914-0000