NOT LISTED FOR SALE

1338 Washington Ln Kannapolis, NC 28083

Estimated Value: $250,000 - $295,000

3 Beds
1.5 Baths
1,023 Sq Ft
$267/Sq Ft Est. Value

Sale Details

Date Sold: March 25, 2022

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

Est. 13% increase in value since last sale

Current estimated payment $1,672 / mo

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

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

Year Built

Built in 1981

Lot Details

10,019 Sq Ft Lot

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 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Mar 22, 2022
Sold by
Bought by
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
$272,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,779
Avg. Annual Appreciation
2.86%
Original Mortgage
$234,740
Outstanding Balance
$219,907
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$52,872

Purchase Details

Closed on
Dec 22, 2021
Sold by
Bought by

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$242,000 None Listed On Document
$100,000 Tryce Title Company
$40,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $234,740
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • Hosanna Hill

    Seller's Agent in 2022

    Hosanna Hill

    Lantern Realty & Development, LLC

    (336) 317-8050

    8 in this area

    40 Total Sales

    Hosanna Hill
    Section Image

  • J

    Seller Co-Listing Agent in 2022

    Jeremy ALDRIDGE

    Lantern Realty & Development, LLC

    (704) 773-0722

    10 in this area

    28 Total Sales

    Jeremy ALDRIDGE
    Section Image

  • R

    Buyer's Agent in 2022

    Robin Price

    DM Properties & Associates

    (704) 956-4810

    26 in this area

    179 Total Sales

    Robin Price
    Section Image
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Map

Source: Canopy MLS

MLS Number: 3818224

Canopy MLS

APN: 158-342

North Carolina Rowan County Kannapolis 28083

1338 Washington Ln, Kannapolis, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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