NOT LISTED FOR SALE

1060 Mclain Rd Kannapolis, NC 28083

Estimated Value: $274,000 - $306,291

3 Beds
2.5 Baths
1,517 Sq Ft
$190/Sq Ft Est. Value

Last Sold June 23, 2023

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

Est. 9% increase in value since last sale

Current estimated payment $1,796/month

1 Day on Market

Highlights

  • New Construction
  • Fireplace
  • Walk-In Closet
  • Open Floorplan
  • 1 Car Attached Garage
  • Kitchen Island

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 Brokerage Email: gfountas@ncpinnaclegroup.com License #276599 Listed on: 05/26/2023

Last Buyer's Agent

Adam Leach

Southern Homes of the Carolinas, Inc License #334628

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,911

Year Built

  • Built in 2023 | New Construction

Lot Details

  • Lot Dimensions are 20x150

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

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

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Fireplace
  • Insulated Windows
  • Insulated Doors
  • Laminate Flooring

Kitchen

  • Electric Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Electric Dryer Hookup

Home Security

Utilities

  • Zoned Cooling
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 56231495140000

Community Details

Overview

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

Security

  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,911

Year Built

Built in 2023 | New Construction

Lot Details

0

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
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 174.69
  • Geocode Confidence: High
  • Attribution Contact: gfountas@ncpinnaclegroup.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Entry Level: 2
  • Fireplace: Yes
  • 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
  • Above Grade Finished Sq Ft: 1517
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Insulated Door(s)
  • Living Area: 1517
  • Window Features: Insulated Window(s)
  • Bedroom Main: 0
  • Room Count: 9
  • Sq Ft Other: 31

Exterior Features

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

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 231
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Electric
  • 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
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 480.00

Schools

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

Lot Info

  • Lot Size Area: 0.069
  • Lot Size Units: Acres
  • Parcel Number: 56231495140000
  • Plat Reference Section Pages: 55
  • Land Included Yn: 1
  • Development Status: Completed
  • Lot Size: 20x150
  • 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
May 26, 2023
Closed on
Jun 23, 2023
Sold by
Res-Nc Restoration Llc
Bought by
Herrera Daniel Ernesto
Seller's Agent
George Fountas
The NC Pinnacle Real Estate Group
Buyer's Agent
Adam Leach
Southern Homes of the Carolinas, Inc
List Price
$265,000
Sold Price
$265,000
Views
5
Current Estimated Value
$288,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,573
Avg. Annual Appreciation
3.69%
Original Mortgage
$257,050
Outstanding Balance
$250,521
Interest Rate
6.67%
Estimated Equity
$38,052
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
Herrera Daniel Ernesto $265,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrera Daniel Ernesto $257,050
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
05/26/2023 05/26/23 For Sale $265,000 -- $175 / 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 $2,911 $256,370 $50,000 $206,370
2024 $2,911 $256,370 $50,000 $206,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4028928

Canopy MLS (Canopy Realtor® Association)

APN: 5623-14-9781-0000