NOT LISTED FOR SALE

1296 Midlake Rd Kannapolis, NC 28083

Estimated Value: $321,000 - $360,000

3 Beds
2.5 Baths
1,472 Sq Ft
$232/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $170,000 $115 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,125/month

8 Days on Market

Highlights

  • Pond
  • Attached Garage
  • Tile Flooring
  • Transitional Architecture
  • Garden Bath
  • Trails

About This Home

As of August 2018

This wonderful home w/3 BR, 2.5 baths & 2-car garage in Beaver Pond has something to brag about. Location, location, location! The shopping center and I-485 are just a short distance away. The spacious backyard is a great place to start your morning routine with a walk around the quiet pond w/bathing geese. Tired from a long day of work? Watch the sunset and the beautiful pond view from your newly-stained deck. As much as you may like the outdoors for cookouts and time w/friends, the Family Rm inside w/gas fireplace & ceiling fan is a cozy place to unwind. How nice it is to prepare meals in the Kitchen with granite counter tops and a scenic view of the backyard! The laundry room upstairs is so convenient to the bedrooms. Check out the gorgeous pond view from the Master Bath! The roof was replaced in 2011, and with the home sold with Home Warranty, no worries. Just minutes away is downtown Kannapolis, with huge revitalization projects on the horizon to surely benefit property values!

Last Agent to Sell the Property

Lynn Alvarez

The Ally Group Real Estate, LLC License #197233 Listed on: 07/27/2018

Co-Listed By

Albert Alvarez

The Ally Group Real Estate, LLC License #293917

Last Buyer's Agent

Raina Purvis

Purvis Realty & Associates LLC License #82200

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • 8,712

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Gas Log Fireplace
  • Pull Down Stairs to Attic
  • Storm Doors

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Garden Bath

Outdoor Features

  • Pond

Listing and Financial Details

  • Assessor Parcel Number 5623-77-4720-0000

Community Details

Recreation

  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 1.01251
  • Ratio Close Price By Original Li: 1.03030
  • Ratio Current Price By Acre: 850000.00
  • Ratio Current Price By Sq Ft: 115.49
  • Year Built: 1995
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 730
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Storm Door(s)
  • Equipment: Ceiling Fan(s), Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Exhaust Fan, Electric Oven
  • Fireplace Description: FAMILYRM, Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Garden Tub
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 742
  • Total Sq Ft: 1472
  • Sq Ft Unheated Main: 407
  • Sq Ft Unheated Total: 407

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 2 Car, Garage Door Opener, Parking Space - 4+

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Pond, Walking Trails
  • Association Fee: 100.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Forest Park
  • Middle School: Kannapolis
  • High School: A.L. Brown

Lot Info

  • Lot Features: Water view, Lake
  • Lot Size Area: 0.200
  • Parcel Number: 5623-77-4720-0000
  • Zoning Specification: RM-2

Tax Info

  • Tax Value: 127070.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2018
Closed on
Aug 31, 2018
Sold by
Tolentino Wesley S
Bought by
Mckie Gail
Seller's Agent
Lynn Alvarez
The Ally Group Real Estate, LLC
Buyer's Agent
Raina Purvis
Purvis Realty & Associates LLC
List Price
$167,900
Sold Price
$170,000
Premium/Discount to List
$2,100
1.25%
Current Estimated Value
$340,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,968
Avg. Annual Appreciation
9.97%
Original Mortgage
$164,987
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 9, 2014
Sold by
Anderson Daniel C and Anderson Donna S
Bought by
Tolentino Wesley S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 1, 1996
Bought by
Anderson Daniel C and Wf Donna S
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
Mckie Gail $170,000 None Available
Tolentino Wesley S $129,500 None Available
Anderson Daniel C $106,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckie Gail $217,000
Closed Mckie Gail $164,987
Closed Mckie Gail $8,000
Previous Owner Tolentino Wesley S $129,500
Previous Owner Anderson Daniel G $127,373
Previous Owner Anderson Daniel C $142,637
Previous Owner Anderson Daniel G $141,432
Previous Owner Anderson Daniel G $135,000
Previous Owner Anderson Daniel G $131,575
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $170,000 +1.3% $115 / Sq Ft
08/05/2018 08/05/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $167,900 0.0% $114 / Sq Ft
07/18/2018 07/18/18 Price Changed $167,900 -- $114 / 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 $3,615 $318,380 $68,000 $250,380
2023 $2,314 $168,940 $37,000 $131,940
2022 $2,314 $168,940 $37,000 $131,940
2021 $2,314 $168,940 $37,000 $131,940
2020 $2,314 $168,940 $37,000 $131,940
2019 $1,741 $127,070 $23,000 $104,070
2018 $1,715 $127,070 $23,000 $104,070
2017 $1,690 $127,070 $23,000 $104,070
2016 $1,690 $125,910 $30,000 $95,910
2015 $1,586 $125,910 $30,000 $95,910
2014 $1,586 $125,910 $30,000 $95,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3415031

Canopy MLS (Canopy Realtor® Association)

APN: 5623-77-4720-0000