NOT LISTED FOR SALE

1295 Midlake Rd Kannapolis, NC 28083

Estimated Value: $308,000 - $351,000

3 Beds
2 Baths
1,305 Sq Ft
$250/Sq Ft Est. Value

Last Sold September 11, 2018

Last sale price $175,000 $134 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,043/month

3 Days on Market

Highlights

  • Corner Lot
  • Fireplace
  • Fenced

About This Home

As of September 2018

Very well maintained home on a beautiful lot with fenced in back yard . This home is a rare find, freshly painted and many upgrades.

Last Agent to Sell the Property

Becky Wilhelm - Stillwell

Premier South License #291901 Listed on: 07/19/2018

Premier South

Last Buyer's Agent

Carol Funderburk

Keller Williams Unlimited License #293886

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • Fenced
  • Corner Lot

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 5623-77-2643-0000

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.93085
  • Ratio Close Price By Original Li: 0.93085
  • Ratio Current Price By Acre: 625000.00
  • Ratio Current Price By Sq Ft: 134.10
  • Year Built: 1991
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), CO Detector
  • Fireplace: Yes
  • Laundry Location: Main
  • Room Count: 1
  • Sq Ft Additional: 354
  • Main Level Sq Ft: 1305
  • Total Sq Ft: 1305

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Woodrow Wilson
  • Middle School: Kannapolis
  • High School: A.L. Brown

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.280
  • Parcel Number: 5623-77-2643-0000
  • Zoning Specification: RM-2

Tax Info

  • Tax Value: 112560.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2018
Closed on
Sep 11, 2018
Sold by
Pressley Debra M
Bought by
Malit Daisy O
Seller's Agent
Becky Wilhelm - Stillwell
Premier South
Buyer's Agent
Carol Funderburk
Keller Williams Unlimited
List Price
$188,000
Sold Price
$175,000
Premium/Discount to List
-$13,000
-6.91%
Current Estimated Value
$326,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,593
Avg. Annual Appreciation
9.37%
Original Mortgage
$172,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2015
Sold by
Macy Debora G and Pressley Debora M
Bought by
Pressley Debora M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1995
Bought by
Macy Debora G

Purchase Details

Closed on
Jun 1, 1991
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
Malit Daisy O $175,000 None Available
Pressley Debora M -- None Available
Macy Debora G $84,000 --
-- $80,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malit Daisy $169,500
Closed Malit Daisy O $172,000
Previous Owner Pressley Debora M $112,000
Previous Owner Pressley Debora G $70,675
Previous Owner Macy Debora G $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2018 09/11/18 Sold $175,000 -6.9% $134 / Sq Ft
07/24/2018 07/24/18 For Sale $188,000 0.0% $144 / Sq Ft
07/23/2018 07/23/18 Pending -- -- --
07/19/2018 07/19/18 For Sale $188,000 -- $144 / 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
2024 $3,637 $320,320 $69,000 $251,320
2023 $2,354 $171,800 $35,000 $136,800
2022 $2,354 $171,800 $35,000 $136,800
2021 $2,354 $171,800 $35,000 $136,800
2020 $2,354 $171,800 $35,000 $136,800
2019 $1,732 $126,450 $20,000 $106,450
2018 $1,520 $112,560 $20,000 $92,560
2017 $1,497 $112,560 $20,000 $92,560
2016 $1,497 $114,310 $28,000 $86,310
2015 $1,440 $114,310 $28,000 $86,310
2014 $1,440 $114,310 $28,000 $86,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3380977

Canopy MLS (Canopy Realtor® Association)

APN: 5623-77-2643-0000