NOT LISTED FOR SALE

1206 Lane St Kannapolis, NC 28083

Estimated Value: $272,000 - $289,789

2 Beds
2 Baths
1,236 Sq Ft
$224/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $195,000 $158 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,707/month

Highlights

  • Ranch Style House
  • Corner Lot
  • Vinyl Plank Flooring
  • Jackson Park Elementary School Rated 9+
  • Separate Outdoor Workshop
  • Storm Doors

About This Home

As of February 2021

Beautifully Renovated & Move in Ready! Come see this newly renovated home located just minutes from all that downtown Kannapolis has to offer. This home features a fully updated kitchen with stainless steel appliances, new vinyl plank flooring, fresh paint, new light fixtures and ceiling fans, updated bathrooms, and a master suite with a brand new master bath. The home also has new electrical, new windows, new HVAC, a new tankless hot water heater, and a new gas fireplace for those chilly days ahead. The property also includes a detached one car garage with an attached wired workshop. The garage and workshop also have new windows and siding, but otherwise are being sold in as-is condition. Driveway and Parking are located on Ruth St. See Agent Remarks for more information.

Last Agent to Sell the Property

April McCune

United Real Estate-Queen City License #296446 Listed on: 01/15/2021

United Real Estate-Queen City

Last Buyer's Agent

Melinda Wermuth

Allen Tate Matthews/Mint Hill License #314305

Allen Tate Matthews/Mint Hill

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • 8,712

Parking

  • 1

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 2 Full Bathrooms
  • Gas Log Fireplace
  • Insulated Windows
  • Vinyl Plank Flooring
  • Crawl Space
  • Pull Down Stairs to Attic
  • Storm Doors

Additional Features

  • Separate Outdoor Workshop
  • Corner Lot

Listing and Financial Details

  • Assessor Parcel Number 5624-21-6239-0000

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.02632
  • Ratio Close Price By Original Li: 1.02632
  • Ratio Current Price By Acre: 975000.00
  • Ratio Current Price By Sq Ft: 157.77
  • Year Built: 1935
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows, Storm Door(s)
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher, Disposal, Electric Oven, Electric Dryer Hookup, Microwave, Refrigerator
  • Fireplace Description: Gas Logs, Living Room
  • Fireplace: Yes
  • Flooring: Vinyl Plank
  • Interior Amenities: Attic Stairs Pulldown
  • Laundry Location: Laundry Room, Porch
  • Room Count: 1
  • Main Level Sq Ft: 1236
  • Total Sq Ft: 1236
  • Sq Ft Unheated Main: 57
  • Sq Ft Unheated Total: 57

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Parking: Detached Garage, Driveway, Garage - 1 Car, Parking Space - 2

Utilities

  • Heating: Central Air, Electric Hot Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Schools

  • Elementary School: Jackson Park
  • Middle School: Kannapolis
  • High School: A.L. Brown

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.200
  • Parcel Number: 5624-21-6239-0000
  • Plat Reference Section Pages: 0136-0137
  • Zoning Specification: OI

Tax Info

  • Tax Value: 97480.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Feb 3, 2021
Sold by
The B & B Group Inc
Bought by
Bateman Kyle Joseph
Seller's Agent
April McCune
United Real Estate-Queen City
Buyer's Agent
Melinda Wermuth
Allen Tate Matthews/Mint Hill
List Price
$190,000
Sold Price
$195,000
Premium/Discount to List
$5,000
2.63%
Current Estimated Value
$277,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,197
Avg. Annual Appreciation
7.74%
Original Mortgage
$165,750
Outstanding Balance
$147,988
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$129,209

Purchase Details

Closed on
Oct 18, 2019
Sold by
Crosby Beverly A
Bought by
The B & B Group Inc
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
Bateman Kyle Joseph $195,000 None Available
The B & B Group Inc $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bateman Kyle Joseph $165,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2021 02/05/21 Sold $195,000 +2.6% $158 / Sq Ft
01/16/2021 01/16/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $190,000 -- $154 / 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 $3,034 $267,160 $65,000 $202,160
2024 $3,034 $267,160 $65,000 $202,160
2023 $1,905 $139,080 $33,410 $105,670
2022 $1,905 $97,480 $33,410 $64,070
2021 $1,335 $97,480 $33,410 $64,070
2020 $1,335 $97,480 $33,410 $64,070
2019 $1,230 $89,780 $33,000 $56,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3697580

Canopy MLS (Canopy Realtor® Association)

APN: 5624-21-6340-0000