NOT LISTED FOR SALE

128 Springway Dr Kannapolis, NC 28081

Estimated Value: $79,000 - $369,042

0.6 Acre
$466,685 Price per Acre
26,136 Sq Ft Lot

Last Sold October 31, 2023

Last sale price $73,000

Est. 284% increase in value since last sale

Current estimated payment $1,820/month

1 Day on Market

About This Lot

As of October 2023

Rare opportunity. .60 A lot in established neighborhood. Partially cleared and partially wooded. Seller states that City of Kannapolis water and sewer are available but tap on fees have not been paid. Verifying with City of Kannapolis. Don't wait too long! THERE HAS BEEN TREMENDOUS INTEREST IN THIS LOT. SELLER IS CALLING FOR ALL OFFERS TO BE IN BY 1:00 PM TODAY, OCTOBER 10.

Last Agent to Sell the Property

Thecla Widenhouse

Howard Hanna Allen Tate Concord Brokerage Email: thecla.widenhouse@allentate.com License #212215 Listed on: 10/09/2023

Howard Hanna Allen Tate Concord

Last Buyer's Agent

Brayden Lambert

CEDAR REALTY LLC License #330062

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,016

Lot Details

  • Lot Dimensions are 125x208
  • Sloped Lot
  • Cleared Lot
  • Wooded Lot
  • Possible uses of the property include Residential
  • Property is zoned RM-2

Listing and Financial Details

  • Assessor Parcel Number 5612-65-2494-0000

Property Details

Property Type

Land

Est. Annual Taxes

$4,016

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: No Representation
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: thecla.widenhouse@allentate.com
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Road Frontage: 125
  • Other Structures: None

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Cleared, Sloped, Wooded
  • Lot Size Area: 0.6
  • Lot Size Units: Acres
  • Parcel Number: 5612-65-2494-0000
  • Can Be Subdivided: 0
  • Horse Amenities: None
  • Lot Size: 125x208
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RM-2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2024
Sold by
Journey Capital Llc
Bought by
Alexander Earl Lomont and Alexander Emari Chontel
Current Estimated Value
$280,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,380
Outstanding Balance
$347,958
Interest Rate
6.74%
Mortgage Type
FHA
Estimated Equity
-$67,947

Purchase Details

Listed on
Oct 9, 2023
Closed on
Oct 31, 2023
Sold by
Brown Richard W
Bought by
J2 Land Investments Llc
Seller's Agent
Thecla Widenhouse
Howard Hanna Allen Tate Concord
Buyer's Agent
Brayden Lambert
CEDAR REALTY LLC
List Price
$65,000
Sold Price
$73,000
Premium/Discount to List
$8,000
12.31%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
99.26%

Purchase Details

Closed on
Feb 1, 1996
Bought by
Brown Richard W and Wf Brenda J

Purchase Details

Closed on
Jan 1, 1993

Purchase Details

Closed on
Dec 1, 1989
Source: Public Records

Range of Values:

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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
Alexander Earl Lomont $360,000 None Listed On Document
Journey Capital Llc -- None Listed On Document
J2 Land Investments Llc $73,000 None Listed On Document
Brown Richard W $13,000 --
-- $7,500 --
-- $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander Earl Lomont $353,380
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2023 10/31/23 Sold $73,000 +12.3% --
10/09/2023 10/09/23 For Sale $65,000 -- --
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 $4,016 $353,720 $65,000 $288,720
2024 $738 $65,000 $65,000 $0
2023 $534 $39,000 $39,000 $0
2022 $534 $39,000 $39,000 $0
2021 $534 $39,000 $39,000 $0
2020 $534 $39,000 $39,000 $0
2019 $438 $32,000 $32,000 $0
2018 $432 $32,000 $32,000 $0
2017 $426 $32,000 $32,000 $0
2016 $426 $30,000 $30,000 $0
2015 -- $30,000 $30,000 $0
2014 -- $30,000 $30,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4076712

Canopy MLS (Canopy Realtor® Association)

APN: 5612-65-2494-0000