118 Springway Dr Kannapolis, NC 28081
3
Beds
2
Baths
1,351
Sq Ft
0.7
Acres
Highlights
- Ranch Style House
- Wood Flooring
- Covered patio or porch
- Northwest Cabarrus High Rated A-
- Terrace
- 2 Car Attached Garage
About This Home
As of May 2025Better Than New! This full brick ranch features 3 bedrooms and 2 baths with a spacious open-concept plan that seamlessly connects the kitchen, breakfast area, dining area, and great room (which has a wood-burning fireplace). Recent updates include refinished hardwood floors, fresh paint, new HVAC system, new windows, and a new vapor barrier, plus so much more! You'll also enjoy the .70 acres with multiple entertaining spaces, including a covered porch, terrace, and fire pit within the fenced backyard. The two car garage boasts a sleek new epoxy floor. This charming home is a "must see." Schedule your tour today! ATTENTION AGENTS AND BUYERS: PLEASE NOTE THE CHANGE IN HEATED LIVING AREA AND THE CORRESPONDING PRICE REDUCTION. WE JUST RECEIVED PROFESSIONAL MEASUREMENTS, AND THEY DIFFER FROM THE TAX CARD. NO MISREPRESESTATION WAS INTENDED. BOTH MEASUREMENST AND TAX CARD CAN BE VIEWED IN THE ATTACHMENTS!
Last Agent to Sell the Property
Allen Tate Concord Brokerage Email: thecla.widenhouse@allentate.com License #212215 Listed on: 03/26/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,941
Year Built
- Built in 1992
Lot Details
- Back Yard Fenced
- Property is zoned R4
Parking
- 2 Car Attached Garage
- Front Facing Garage
Home Design
- Ranch Style House
- Four Sided Brick Exterior Elevation
Interior Spaces
- 1,351 Sq Ft Home
- Wired For Data
- Insulated Windows
- Great Room with Fireplace
- Crawl Space
- Laundry Room
Kitchen
- Electric Oven
- Electric Range
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Sustainable
- Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Covered patio or porch
- Terrace
- Shed
Utilities
- Forced Air Heating and Cooling System
Community Details
- Southwood Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 5612 65 7681 0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 26, 2025
Closed on
May 12, 2025
Sold by
Mcrorie Cathy Drye and Doran Patrick Dale
Bought by
Sankar Roy and Sankar Christine
Seller's Agent
Thecla Widenhouse
Allen Tate Concord
Buyer's Agent
Christine Rolon
Allen Tate Concord
List Price
$394,900
Sold Price
$360,000
Premium/Discount to List
-$34,900
-8.84%
Views
74
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.34%
Original Mortgage
$353,479
Outstanding Balance
$353,169
Interest Rate
6.65%
Mortgage Type
FHA
Estimated Equity
$11,687
Purchase Details
Closed on
Mar 9, 2004
Sold by
Mcrorie Michael L
Bought by
Mcrorie Cathy Drye
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $360,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $353,479 | FHA | |
| Previous Owner | $18,110 | Unknown | |
| Previous Owner | $150,928 | Unknown | |
| Previous Owner | $149,748 | Unknown | |
| Previous Owner | $65,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/12/2025 05/12/25 | Sold | $360,000 | -4.0% | $266 / Sq Ft |
| 03/26/2025 03/26/25 | Price Changed | $374,900 | -5.1% | $277 / Sq Ft |
| 03/26/2025 03/26/25 | For Sale | $394,900 | -- | $292 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $2,941 | $259,000 | $65,000 | $194,000 |
| 2023 | $2,332 | $170,220 | $39,000 | $131,220 |
| 2022 | $2,332 | $170,220 | $39,000 | $131,220 |
| 2021 | $2,332 | $170,220 | $39,000 | $131,220 |
| 2020 | $2,332 | $170,220 | $39,000 | $131,220 |
| 2019 | $2,034 | $148,460 | $32,000 | $116,460 |
| 2018 | $2,004 | $148,460 | $32,000 | $116,460 |
| 2017 | $1,975 | $148,460 | $32,000 | $116,460 |
| 2016 | -- | $133,040 | $30,000 | $103,040 |
| 2015 | $1,676 | $133,040 | $30,000 | $103,040 |
| 2014 | $1,676 | $133,040 | $30,000 | $103,040 |
Source: Public Records
Agents Affiliated with this Home
-
Thecla Widenhouse
Seller's Agent in 2025
Thecla Widenhouse
Allen Tate Realtors
(704) 425-5292
12 in this area
67 Total Sales
-
Christine Rolon
C
Buyer's Agent in 2025
Christine Rolon
Allen Tate Realtors
(704) 902-0553
1 in this area
3 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4238053
APN: 5612-65-7681-0000
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