NOT LISTED FOR SALE

1264 Midlake Rd Kannapolis, NC 28083

Estimated Value: $314,000 - $350,000

3 Beds
3 Baths
1,472 Sq Ft
$222/Sq Ft Est. Value

About This Home

This home is located at 1264 Midlake Rd, Kannapolis, NC 28083 and is currently estimated at $327,333, approximately $222 per square foot. 1264 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
Feb 23, 2023
Sold by
P5 2021-2 Borrower Llc
Bought by
Progress Residential Borrower 24 Llc
Current Estimated Value
$327,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,950,000
Outstanding Balance
$213,069,048
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
-$212,567,378

Purchase Details

Closed on
Jan 27, 2022
Sold by
Zillow Homes Property Trust
Bought by
P5 2021-2 Borrower Llc

Purchase Details

Closed on
Nov 5, 2021
Sold by
Hearne Sherry and Eason Ritchie
Bought by
Zillow Homes Property Trusts

Purchase Details

Closed on
Jan 9, 2016
Sold by
Barcelo Rene and Barcelo Jane B
Bought by
Eason Ritchie and Hearne Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 17, 2006
Sold by
Mortgage Guaranty Insurance Corp
Bought by
Barcelo Rene and Barcelo Jane B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
6.52%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 28, 2006
Sold by
Jp Morgan Chase Bank
Bought by
Mortgage Guaranty Insurance Corp

Purchase Details

Closed on
Jan 3, 2006
Sold by
Moore James Alan and Moore Deedee L
Bought by
Jp Morgan Chase Bank

Purchase Details

Closed on
Oct 27, 2000
Sold by
Cabell Robert D and Cabell Christina K
Bought by
Moore James Alan and Moore Deedee L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
7.91%

Purchase Details

Closed on
Aug 1, 1996
Bought by
Cabell Robert D
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Progress Residential Borrower 24 Llc -- Selene Title
P5 2021-2 Borrower Llc $1,258,000 New Title Company Name
Zillow Homes Property Trusts $282,000 Investors Title Insurance Co
Eason Ritchie $140,000 None Available
Barcelo Rene $125,000 None Available
Mortgage Guaranty Insurance Corp $128,000 None Available
Jp Morgan Chase Bank $117,211 None Available
Moore James Alan $122,000 --
Cabell Robert D $114,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Progress Residential Borrower 24 Llc $342,950,000
Previous Owner Eason Ritchie $142,000
Previous Owner Barcelo Rene $102,850
Previous Owner Barcelo Rene $115,200
Previous Owner Moore James Alan $113,600
Previous Owner Moore James Alan $28,400
Previous Owner Moore James Alan $128,250
Previous Owner Moore James Alan $122,000
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 $3,414 $300,670 $68,000 $232,670
2023 $2,203 $160,800 $37,000 $123,800
2022 $2,203 $160,800 $37,000 $123,800
2021 $2,203 $160,800 $37,000 $123,800
2020 $2,203 $160,800 $37,000 $123,800
2019 $1,659 $121,100 $23,000 $98,100
2018 $1,635 $121,100 $23,000 $98,100
2017 $1,611 $121,100 $23,000 $98,100
2016 $1,611 $133,600 $30,000 $103,600
2015 $1,683 $133,600 $30,000 $103,600
2014 $1,683 $133,600 $30,000 $103,600
Source: Public Records

Map

North Carolina Cabarrus County Kannapolis 28083

1264 Midlake Rd, Kannapolis, NC

This home is located at 1264 Midlake Rd, Kannapolis, NC 28083 and is currently estimated at $327,333, approximately $222 per square foot. 1264 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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