NOT LISTED FOR SALE

1303 Lane St Kannapolis, NC 28083

Estimated Value: $346,000 - $365,000

3 Beds
2 Baths
1,665 Sq Ft
$214/Sq Ft Est. Value

Last Sold September 14, 2021

Last sale price $277,500 $167 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,168/month

49 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Kitchen Island
  • Jackson Park Elementary School Rated 9+
  • Bungalow
  • 1-Story Property

About This Home

As of September 2021

Beautifully remodeled 3 bedroom, 2 bathroom home in the heart of Kannapolis. This home is move in ready! No expense spared to bring this 1934 bungalow into 2021. Three original working fireplaces with original refinished hardwood floors. Completely renovated kitchen with beautiful Shenandoah cabinets, large custom island, new granite countertops, new refrigerator, stainless steel appliances, new floor tile and backsplash throughout. New master and guest baths which include a large custom vanity with granite, all new fixtures and lighting, new tile throughout, frameless glass shower and new tub. New carpet in two bedrooms, crown molding, recently replaced all windows and completely updated plumbing and electrical throughout this home. This home sits on a large .33 acre lot with a new, large deck and spacious back and side yard areas. Only 1.3 miles from downtown Kannapolis and the new Atruim Ballpark, with easy access to I-85. Don’t miss this one!

Last Agent to Sell the Property

Rob Whyte

Century 21 At The University License #270556 Listed on: 06/24/2021

Century 21 At The University

Last Buyer's Agent

Jasmine Cuthbertson Mobley

EXP Realty LLC License #326155

EXP Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1934

Lot Details

  • 0.33

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • 2 Full Bathrooms
  • 1-Story Property
  • Fireplace
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 56242184670000

Home Details

Home Type

Single Family

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Bungalow
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.92531
  • Ratio Close Price By Original Li: 0.89806
  • Ratio Current Price By Acre: 840909.09
  • Ratio Current Price By Sq Ft: 166.67
  • Year Built: 1934
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Block, Brick
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Dishwasher, Electric Range, Microwave, Refrigerator
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-Ins, Cable Available, Kitchen Island
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1665
  • Total Sq Ft: 1665

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway, Parking Space - 4+

Utilities

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

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 100x150x100x150
  • Lot Size Area: 0.330
  • Parcel Number: 56242184670000
  • Plat Book Slide: 00003
  • Plat Reference Section Pages: 00023
  • Zoning Specification: Res

Tax Info

  • Tax Value: 135790.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Sep 13, 2021
Sold by
Manore Jeffrey Joseph
Bought by
Richards Jamilo R
Seller's Agent
Rob Whyte
Century 21 At The University
Buyer's Agent
Jasmine Cuthbertson Mobley
EXP Realty LLC
List Price
$309,000
Sold Price
$277,500
Premium/Discount to List
-$31,500
-10.19%
Current Estimated Value
$355,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,481
Avg. Annual Appreciation
6.23%
Original Mortgage
$277,500
Outstanding Balance
$252,504
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$103,477

Purchase Details

Closed on
Oct 14, 2020
Sold by
Investear Llc
Bought by
Manors Jeffrey Joseph

Purchase Details

Closed on
Nov 16, 2009
Sold by
Waterfall Victoria Reo Llc
Bought by
Hall Dennis L and Hall Crystal F

Purchase Details

Closed on
Feb 17, 2009
Sold by
Burley Tamara
Bought by
Waterfall Victoria Reo Llc

Purchase Details

Closed on
Jan 8, 2007
Sold by
Alford John D and Alford Heather
Bought by
Burley Tamara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,915
Interest Rate
7.3%
Mortgage Type
Balloon

Purchase Details

Closed on
May 22, 1998
Sold by
Rice Donald Lee and Rice Jill Hardy
Bought by
Alford John D and Alford Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,450
Interest Rate
7.04%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 1, 1996
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
Richards Jamilo R $304,000 None Available
Manors Jeffrey Joseph $129,000 Chicago Title
Investcar Llc $120,000 None Available
Hall Dennis L $45,000 None Available
Waterfall Victoria Reo Llc $80,000 None Available
Burley Tamara $120,000 None Available
Alford John D $80,000 --
-- $69,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richards Jamilo R $277,500
Previous Owner Burley Tamara $101,915
Previous Owner Alford John D $79,450
Closed Alford John D $3,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2021 09/14/21 Sold $277,500 -7.5% $167 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
07/27/2021 07/27/21 Price Changed $299,900 -2.9% $180 / Sq Ft
07/19/2021 07/19/21 For Sale $309,000 0.0% $186 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $309,000 -- $186 / 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
2025 $3,610 $362,930 $65,000 $297,930
2024 $3,610 $362,930 $65,000 $297,930
2023 $2,337 $215,590 $44,550 $171,040
2022 $2,243 $135,790 $44,550 $91,240
2021 $1,860 $135,790 $44,550 $91,240
2020 $1,860 $135,790 $44,550 $91,240
2019 $1,652 $120,610 $39,600 $81,010
2018 $1,628 $120,610 $39,600 $81,010
2017 $1,604 $120,610 $39,600 $81,010
2016 -- $106,320 $19,800 $86,520
2015 -- $106,320 $19,800 $86,520
2014 -- $106,320 $19,800 $86,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3755165

Canopy MLS (Canopy Realtor® Association)

APN: 5624-21-8467-0000