1264 Midlake Rd Kannapolis, NC 28083
Estimated Value: $304,000 - $339,000
3
Beds
3
Baths
1,472
Sq Ft
$216/Sq Ft
Est. Value
About This Home
This home is located at 1264 Midlake Rd, Kannapolis, NC 28083 and is currently estimated at $318,000, approximately $216 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
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
$179,272,106
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
-$178,954,106
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
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
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Home Values in the Area
Average Home Value in this Area
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 | Moore James Alan | $122,000 |
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 | $3,414 | $300,670 | $68,000 | $232,670 |
| 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
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