NOT LISTED FOR SALE

1126 Cannon Dr Lenoir, NC 28645

Estimated Value: $288,000 - $313,000

3 Beds
2 Baths
1,659 Sq Ft
$181/Sq Ft Est. Value

Last Sold January 27, 2023

Last sale price $264,900 $160 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,702/month

59 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Tile Flooring
  • Family Room with Fireplace
  • Laundry Room

About This Home

As of January 2023

Beautiful brick home with full basement located on a dead end street. New roof in 2019, painting, lighting and landscaping. The covered front porch has new composite columns. The foyer opens to the formal living room & dining combination which features a bay window. Continuing to the den which has a never used fireplace as the focal point. The breakfast area accesses the rear deck which over looks the partially fenced back yard. The kitchen has a bar area for additional seating. The primary bedroom has an en suite bath. The additional bedrooms and guests are serviced by a hall bath. The full unfinished basement features the second fireplace. The basement also an a single garage entry with a rear load access. Parking is not a problem for this home. The basement is unfinished for lots of possibilities. This home has been meticulously maintained. Let the new street lamp welcome you home.

Last Agent to Sell the Property

Kay Orrell

Orrell Associates License #62769 Listed on: 11/29/2022

Last Buyer's Agent

Starr Franklin

Coldwell Banker Boyd & Hassell License #174361

Coldwell Banker Boyd & Hassell

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,214

Year Built

  • Built in 1971

Lot Details

  • Cleared Lot
  • Zoning described as R20

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Family Room with Fireplace
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Parquet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Basement Garage

Outdoor Features

  • Deck

Schools

  • Whitnel Elementary School
  • Gamewell Middle School
  • West Caldwell High School

Utilities

  • Heat Pump System
  • Septic Tank

Community Details

  • Edgebrook Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11-1B-1-11

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,214

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1971
  • Ratio Current Price By Acre: 540612.24
  • Road Surface Type: Concrete
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 159.67
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Basement Garage Door, Basement Inside Entrance, Basement Outside Entrance, Brick/Mortar
  • Flooring: Carpet, Laminate, Parquet, Tile
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1659
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1659
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1659
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Covered,Deck,Front
  • Appliances: Dishwasher, Disposal, Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Den, Family Room
  • Living Area: 1659
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Basement, Garage - 1 Car

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: In Basement
  • Water Source: County Water

Schools

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

Lot Info

  • Lot Features: Cleared
  • Lot Size Area: 0.49
  • Lot Size Units: Acres
  • Parcel Number: 11-1B-1-11
  • Zoning Description: R20
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.82242

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Whitnel
  • High School: West Caldwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2022
Closed on
Jan 27, 2023
Sold by
German Linda M
Bought by
Gallas Michael Earl and Gallas Melinda Renee
Seller's Agent
Kay Orrell
Orrell Associates
Buyer's Agent
Starr Franklin
Coldwell Banker Boyd & Hassell
List Price
$269,900
Sold Price
$264,900
Premium/Discount to List
-$5,000
-1.85%
Current Estimated Value
$300,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,725
Avg. Annual Appreciation
4.20%
Original Mortgage
$225,000
Outstanding Balance
$216,380
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$78,913
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
Gallas Michael Earl $265,000 --
Gallas Michael Earl $265,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallas Michael Earl $225,000
Closed Gallas Michael Earl $225,000
Previous Owner German Linda M $146,200
Previous Owner German Linda M $114,468
Previous Owner German Linda M $72,751
Previous Owner German Linde D $50,875
Previous Owner German Linda M $50,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2023 01/28/23 Pending -- -- --
01/27/2023 01/27/23 Sold $264,900 -1.9% $160 / Sq Ft
11/29/2022 11/29/22 For Sale $269,900 -- $163 / 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 $1,214 $260,800 $13,400 $247,400
2024 $1,214 $148,100 $13,400 $134,700
2023 $1,185 $148,100 $13,400 $134,700
2022 $1,161 $148,100 $13,400 $134,700
2021 $1,161 $148,100 $13,400 $134,700
2020 $977 $121,700 $13,400 $108,300
2019 $977 $121,700 $13,400 $108,300
2018 $952 $121,700 $0 $0
2017 $952 $121,700 $0 $0
2016 $938 $121,700 $0 $0
2015 $897 $121,700 $0 $0
2014 $897 $121,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3926182

Canopy MLS (Canopy Realtor® Association)

APN: 11-1B-1-11