NOT LISTED FOR SALE

1338 Washington Ln Kannapolis, NC 28083

Estimated Value: $219,000 - $271,000

3 Beds
1.5 Baths
1,023 Sq Ft
$244/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $242,000 $237 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,563/month

9 Days on Market

Highlights

  • Laundry Room
  • Forced Air Heating System
  • Ceiling Fan
  • Jackson Park Elementary School Rated 9+

About This Home

As of March 2022

Beautifully renovated home in quiet, but always growing city of Kannapolis. Less than 10 minutes from the new and improved downtown Kannapolis. While enjoying all the amenities Kannapolis has to offer, this is the perfect location. 3 bedrooms with 1 and a half bathrooms in 1023 sqft., this is plenty of room without being an overwhelming amount of responsibility. 1,022 sqft of usable space in the basement that has been plumbed for a bathroom, also has a separate entrance. Great potential for a duplex!

Last Agent to Sell the Property

Hosanna Hill

Lantern Realty & Development, LLC License #315320 Listed on: 01/21/2022

Lantern Realty & Development, LLC

Co-Listed By

Jeremy ALDRIDGE

Lantern Realty & Development, LLC License #306776

Last Buyer's Agent

Robin Price

DM Properties & Associates License #262166

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,421

Year Built

  • Built in 1981

Lot Details

  • 10,019

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Laundry Room

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Jackson Park Elementary School
  • Kannapolis Middle School
  • A.L. Brown High School

Additional Features

  • Zoning described as RM-2
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 158-342

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,421

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1981
  • Ratio Current Price By Acre: 1008333.33
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1023
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1022
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1022
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Ceiling Fan(s), Dishwasher, Electric Oven, Microwave
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1023
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • New Construction: No
  • Tax Location: Kannapls/cab
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Central, Forced Air
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: In Basement
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Area: 0.24
  • Lot Size Units: Acres
  • Parcel Number: 158-342
  • Zoning Description: RM-2

Tax Info

  • RATIO List Price By Tax Amount: 2.26666

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Jackson Park
  • High School: A.L. Brown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Mar 22, 2022
Sold by
Kada Endeavor Enterprises Llc
Bought by
Mainville Ronald and Mainville Melody
Seller's Agent
Hosanna Hill
Lantern Realty & Development, LLC
Buyer's Agent
Robin Price
DM Properties & Associates
List Price
$235,000
Sold Price
$242,000
Premium/Discount to List
$7,000
2.98%
Current Estimated Value
$249,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,858
Avg. Annual Appreciation
0.75%
Original Mortgage
$234,740
Outstanding Balance
$222,161
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$26,115

Purchase Details

Closed on
Dec 22, 2021
Sold by
Crosby Kathy G and Crosby Timothy Wayne
Bought by
Kada Endeavor Enterprise Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
2.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 1981
Bought by
Crosby Timothy W and Crosby Wf
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
Mainville Ronald $242,000 None Listed On Document
Kada Endeavor Enterprise Llc $100,000 Tryce Title Company
Crosby Timothy W $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mainville Ronald $234,740
Previous Owner Kada Endeavor Enterprise Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $242,000 +3.0% $237 / Sq Ft
01/30/2022 01/30/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $235,000 -- $230 / 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 $2,421 $200,085 $30,000 $170,085
2024 $2,421 $200,085 $30,000 $170,085
2023 $2,421 $200,085 $30,000 $170,085
2022 $1,335 $103,677 $25,000 $78,677
2021 $1,335 $103,677 $25,000 $78,677
2020 $1,335 $103,677 $25,000 $78,677
2019 $1,335 $103,677 $25,000 $78,677
2018 $1,120 $87,994 $23,557 $64,437
2017 $1,120 $87,994 $23,557 $64,437
2016 $1,120 $87,994 $23,557 $64,437
2015 $1,137 $87,994 $23,557 $64,437
2014 $1,092 $87,332 $20,559 $66,773
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3818224

Canopy MLS (Canopy Realtor® Association)

APN: 158-342