NOT LISTED FOR SALE

1054 Mclain Rd Kannapolis, NC 28083

Estimated Value: $247,000 - $313,898

3 Beds
2.5 Baths
1,517 Sq Ft
$185/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $265,000 $175 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,742/month

161 Days on Market

Highlights

  • New Construction
  • Walk-In Closet
  • Kitchen Island
  • Open Floorplan
  • Level Entry For Accessibility
  • Zoned Cooling

About This Home

As of June 2023

This home now has up to $22,500 in credits available. Use up to $10,000 for Down payment assistance, $7,500 rate buy down or closing costs in FREE GRANTS. Builder also is offering $5,000 closing cost. Have your realtor contact us for information to qualify. Minutes from downtown Kannapolis and all it has to offer, new baseball field, downtown revitalization with great shopping and dining options; easy access to I-85. This new home with great modern finishes offers 3-bedrooms, 2.5 baths. Featuring beautiful floors, soft close cabinets, quarts counter tops, stainless steel appliance, beautifully tiled bathrooms. Open floor plan, laundry on 2nd level, garage and a back yard. This is a must-see best value in Kannapolis. No HOA due until January 1, 2024. Let’s not forget the 2-10 Builders Warranty offered by Builder.

Last Agent to Sell the Property

George Fountas

The NC Pinnacle Real Estate Group License #276599 Listed on: 11/25/2022

Last Buyer's Agent

Tye Anderson

Anderson T Realty LLC License #320710

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 4,443 Sq Ft Lot
  • Lot Dimensions are 20x150

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Property Attached
  • Entry on the 2nd floor
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Laminate Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Electric Dryer Hookup

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Zoned Cooling
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • Built by RES-NC Construction LLC
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 56231496530000

Property Details

Home Type

Multi-Family

Year Built

Built in 2023 | New Construction

Lot Details

4,443 Sq Ft Lot

HOA Fees

$40 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 2023
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 174.69
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Entry Level: 2
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 642
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 88
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 88
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 875
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Exhaust Fan, Microwave
  • Above Grade Finished Sq Ft: 1517
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Main
  • Living Area: 1517

Exterior Features

  • New Construction: Yes
  • Construction Type: Site Built
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Upper Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Zoned
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 40
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: None
  • Senior Community: No
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 480.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 56231496530000
  • Plat Reference Section Pages: 55
  • Land Included Yn: 1
  • Development Status: Completed
  • Lot Size Acres: 0.102
  • Lot Size: 20x150
  • Lot Size Sq Ft: 4443
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R18

Building Info

  • Builder Name: RES-NC Construction LLC

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2022
Closed on
Jun 21, 2023
Sold by
Res-Nc Restoration Llc
Bought by
Dixon Drexel
Seller's Agent
George Fountas
The NC Pinnacle Real Estate Group
Buyer's Agent
Tye Anderson
Anderson T Realty LLC
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Views
13
Current Estimated Value
$280,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,475
Avg. Annual Appreciation
2.09%
Original Mortgage
$265,000
Outstanding Balance
$258,293
Interest Rate
6.69%
Estimated Equity
$22,182
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

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
Dixon Drexel $265,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dixon Drexel $265,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2023 06/23/23 Sold $265,000 0.0% $175 / Sq Ft
04/29/2023 04/29/23 Price Changed $265,000 -3.6% $175 / Sq Ft
04/28/2023 04/28/23 For Sale $275,000 +3.8% $181 / Sq Ft
04/25/2023 04/25/23 Off Market $265,000 -- --
04/12/2023 04/12/23 Price Changed $275,000 -1.8% $181 / Sq Ft
04/01/2023 04/01/23 Price Changed $279,950 0.0% $185 / Sq Ft
03/16/2023 03/16/23 Price Changed $279,900 0.0% $185 / Sq Ft
02/22/2023 02/22/23 Price Changed $280,000 -3.4% $185 / Sq Ft
11/25/2022 11/25/22 For Sale $290,000 -- $191 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,912 $256,420 $50,000 $206,420
2024 $2,912 $256,420 $50,000 $206,420
Source: Public Records

Agents Affiliated with this Home

  • George Fountas

    Seller's Agent in 2023

    George Fountas

    The NC Pinnacle Real Estate Group

    (704) 530-8867

    28 in this area

    47 Total Sales

    George Fountas
    Section Image

  • T

    Buyer's Agent in 2023

    Tye Anderson

    Anderson T Realty LLC

    Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3926308

Canopy MLS (Canopy Realtor® Association)

APN: 5623-14-9653-0000

North Carolina Cabarrus County Kannapolis 28083

1054 Mclain Rd, Kannapolis, NC

Not Listed for Sale

MultiFamily

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 (Canopy Realtor® Association) 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.