NOT LISTED FOR SALE

125 Tanglewood Dr Unit 50 Kannapolis, NC 28081

Estimated Value: $359,000 - $406,164

3 Beds
3 Baths
2,120 Sq Ft
$179/Sq Ft Est. Value

Last Sold February 10, 2022

Last sale price $180,000 $85 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,256/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Laundry Room
  • Fenced
  • Attached Garage
  • Ceiling Fan

About This Home

As of February 2022

Investor Special - Incredible price for this size home in a nice established neighborhood. This was a 4 bedroom home but one wall was removed between two of the bedrooms, making it an extra large bedroom. That wall can easily be replaced to make 4 bedrooms again. The interior of this home needs refurbishing. Gas fireplace on main level. Large nice home in great neighborhood. *** Sellers are calling for highest and best by Friday Jan. 28 at noon.

Last Agent to Sell the Property

Rhonda Bowles

Strong Tower Property, LLC License #260227 Listed on: 01/26/2022

Last Buyer's Agent

Chic Living Team

NorthGroup Real Estate LLC License #280328

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,267

Year Built

  • Built in 1964

Lot Details

  • Lot Dimensions are 110x199x115x176
  • Fenced
  • Zoning described as RA-3

Home Design

  • Traditional Architecture
  • Split Level Home
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • Attached Garage
  • Basement Garage

Utilities

  • Heat Pump System
  • Community Well
  • Septic Tank

Community Details

  • Tanglewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 249B085

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,267

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1964
  • Ratio Current Price By Acre: 346153.85
  • Road Surface Type: Concrete
  • Structure Type: Split Level
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Basement Garage Door, Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 690
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 365
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 365
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 795
  • Appliances: Ceiling Fan(s)
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 635
  • Living Area: 2120
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 0
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 1

Exterior Features

  • Exterior Features: Fence
  • New Construction: No
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Brick, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Attached Garage, Basement

Utilities

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

Schools

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

Lot Info

  • Lot Size Area: 0.52
  • Lot Size Units: Acres
  • Parcel Number: 249B085
  • Plat Reference Section Pages: 965
  • Lot Size: 110x199x115x176
  • Zoning Description: RA-3

Tax Info

  • RATIO List Price By Tax Amount: 0.89147

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2022
Sold by
Mckenzie Larry T and Mckenzie Tracey
Bought by
Hinojosa Roman and Hinojosa Melissa
Current Estimated Value
$379,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,843
Outstanding Balance
$348,283
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$31,544

Purchase Details

Listed on
Jan 26, 2022
Closed on
Feb 8, 2022
Sold by
Barlow Janice R
Bought by
Mckenzie Larry Todd
Seller's Agent
Rhonda Bowles
Strong Tower Property, LLC
Buyer's Agent
Chic Living Team
NorthGroup Real Estate LLC
List Price
$125,000
Sold Price
$180,000
Premium/Discount to List
$55,000
44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.56%
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
Hinojosa Roman $367,500 --
Mckenzie Larry Todd $180,000 Woodson Law Firm
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hinojosa Roman $360,843
Closed Hinojosa Roman $360,843
Previous Owner Barlow Janice R $10,222
Previous Owner Barlow Janice R $122,489
Previous Owner Barlow Janice R $32,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2022 02/10/22 Sold $180,000 +44.0% $85 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $125,000 -- $59 / 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 $2,267 $343,454 $40,765 $302,689
2024 $2,267 $343,454 $40,765 $302,689
2023 $2,267 $343,454 $40,765 $302,689
2022 $1,034 $140,218 $32,988 $107,230
2021 $1,034 $140,218 $32,988 $107,230
2020 $1,034 $140,218 $32,988 $107,230
2019 $1,034 $140,218 $32,988 $107,230
2018 $893 $122,161 $32,939 $89,222
2017 $892 $122,161 $32,939 $89,222
2016 $881 $122,161 $32,939 $89,222
2015 $895 $122,161 $32,939 $89,222
2014 $906 $125,900 $32,939 $92,961
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3824211

Canopy MLS (Canopy Realtor® Association)

APN: 249-B085