NOT LISTED FOR SALE

1248 Midlake Rd Kannapolis, NC 28083

Estimated Value: $319,000 - $366,000

3 Beds
2 Baths
1,521 Sq Ft
$218/Sq Ft Est. Value

About This Home

This home is located at 1248 Midlake Rd, Kannapolis, NC 28083 and is currently estimated at $331,268, approximately $217 per square foot. 1248 Midlake Rd is a home located in Cabarrus County with nearby schools including Forest Park Elementary School, Kannapolis Middle, and A.L. Brown High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2004
Sold by
Robbins Ray D
Bought by
Burgess Tony W and Burgess Julie C
Current Estimated Value
$330,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 2000
Sold by
Goodwin Monica Y
Bought by
Robbins Ray D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
7.94%

Purchase Details

Closed on
Mar 17, 1999
Sold by
Roberts Renee
Bought by
Goodwin Monica Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,393
Interest Rate
6.74%

Purchase Details

Closed on
Oct 1, 1996

Purchase Details

Closed on
Mar 1, 1994
Source: Public Records

Range of Values:

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.

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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.

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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.

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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.

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Average Value
Not Available
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
Burgess Tony W $129,000 --
Robbins Ray D $117,500 --
Goodwin Monica Y $117,000 --
-- $108,000 --
-- $99,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burgess Tony W $130,000
Closed Burgess Tony W $178,762
Closed Burgess Tony $138,500
Closed Burgess Tony W $129,000
Previous Owner Robbins Ray D $93,000
Previous Owner Robbins Ray D $94,000
Previous Owner Goodwin Monica Y $113,393
Source: Public Records

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
2024 $3,465 $305,110 $68,000 $237,110
2023 $2,285 $166,770 $37,000 $129,770
2022 $2,285 $166,770 $37,000 $129,770
2021 $2,285 $166,770 $37,000 $129,770
2020 $2,285 $166,770 $37,000 $129,770
2019 $1,744 $127,300 $23,000 $104,300
2018 $1,719 $127,300 $23,000 $104,300
2017 $1,693 $127,300 $23,000 $104,300
2016 $1,693 $132,270 $30,000 $102,270
2015 $1,667 $132,270 $30,000 $102,270
2014 $1,667 $132,270 $30,000 $102,270
Source: Public Records

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