NOT LISTED FOR SALE

1054 Madras Ct Kannapolis, NC 28081

Estimated Value: $722,000 - $880,000

4 Beds
2.5 Baths
2,719 Sq Ft
$284/Sq Ft Est. Value

Sale Details

Date Sold: August 24, 2021

Last sale price $525,000 $193 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,537 / mo

2 Days on Market

About This Home

As of August 2021

This house has it all! Beautifully redone hardwoods throughout the entire down stairs. A fresh coat of neutral color paint ready for your personal touch. Tons of storage throughout your new home. One of the largest lots in Archer Ridge at almost 1.2 acres.

Last Agent to Sell the Property

Chris Puckett

Lantern Realty & Development, LLC License #95788 Listed on: 07/15/2021

Last Buyer's Agent

Zach Stamey

NorthGroup Real Estate LLC License #192052

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 1.2

Parking

  • 2

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Crawl Space

Additional Features

  • Outbuilding
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 249I015

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

1.2 Acres

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 437500.00
  • Ratio Current Price By Sq Ft: 193.09
  • Year Built: 2007
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1412
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher, Double Oven, Microwave
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 1307
  • Total Sq Ft: 2719

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Outbuilding

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Lot Info

  • Parcel Number: 249I015
  • Zoning Specification: RA

Tax Info

  • Tax Value: 358293.00
  • Tax Location: Rowan

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Aug 19, 2021
Sold by
Bought by
Seller's Agent
Chris Puckett
Lantern Realty & Development, LLC
Buyer's Agent
Zach Stamey
NorthGroup Real Estate LLC
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$771,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,765
Avg. Annual Appreciation
8.32%
Original Mortgage
$498,750
Outstanding Balance
$453,518
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$318,247

Purchase Details

Closed on
Jul 31, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,405
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 10, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,653
Interest Rate
6.63%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$525,000 None Available
$350,000 None Available
$60,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $498,750
Previous Owner $332,405
Previous Owner $288,653
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/24/2021 08/24/21 Sold $525,000 0.0% $193 / Sq Ft
07/17/2021 07/17/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $525,000 -- $193 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,430 $653,919 $76,000 $577,919
2024 $4,430 $653,919 $76,000 $577,919
2023 $4,316 $637,049 $76,000 $561,049
2022 $2,705 $358,293 $68,000 $290,293
2021 $2,633 $358,293 $68,000 $290,293
2020 $2,633 $358,293 $68,000 $290,293
2019 $2,633 $358,293 $68,000 $290,293
2018 $2,397 $328,868 $68,000 $260,868
2017 $2,397 $328,868 $68,000 $260,868
2016 $2,397 $328,868 $68,000 $260,868
2015 $2,434 $328,868 $68,000 $260,868
2014 $2,295 $324,447 $68,000 $256,447
Source: Public Records

Agents Affiliated with this Home

  • Chris Puckett

    Seller's Agent in 2021

    Chris Puckett

    Lantern Realty & Development, LLC

    (704) 298-0087

    51 Total Sales

    Chris Puckett
    Section Image
  • Zach Stamey

    Buyer's Agent in 2021

    Zach Stamey

    NorthGroup Real Estate LLC

    (704) 491-4745

    60 Total Sales

    Zach Stamey
    Section Image
See All Agents

Map

Source: Canopy MLS

MLS Number: CAR3761679

Canopy MLS

APN: 249-I015

North Carolina Rowan County Kannapolis 28081

1054 Madras Ct, Kannapolis, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS 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. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.