NOT LISTED FOR SALE

1501 Lighthouse Ln Kannapolis, NC 28081

Estimated Value: $418,000 - $475,000

5 Beds
3 Baths
2,666 Sq Ft
$170/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $323,500 $121 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,805/month

3 Days on Market

Highlights

  • Community Pool
  • Tennis Courts
  • Walk-In Closet
  • Northwest Cabarrus High Rated A-
  • Attached Garage
  • Tile Flooring

About This Home

As of April 2021

Move in ready and beautifully maintained home. This home has 5 bedrooms and 3 full baths. There is a bedroom and full bathroom on the main level that could also be used for an office. The home has been equipped with a brand new Air Filtration system with UV lights in January of 2021. New appliances, gas fireplace and new ductwork has been added in the past few years. This home is located in a peaceful neighborhood. Walk-in closets and storage building outback. There is a neighborhood pool, walking area and tennis courts. Conveniently located to I-85, shopping and many restaurants.

Last Agent to Sell the Property

Kelly Cook

Debbie Clontz Real Estate LLC License #325335 Listed on: 03/11/2021

Last Buyer's Agent

Ashley Bell

New Pointe Realty License #318375

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • Many Trees

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • Gas Log Fireplace
  • Pull Down Stairs to Attic
  • Oven

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Fire Pit
  • Outbuilding

Listing and Financial Details

  • Assessor Parcel Number 5612-16-2655-0000

Community Details

Overview

  • MM Management Services Of Lkn Association, Phone Number (704) 430-0729

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

0

HOA Fees

$35 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.98060
  • Ratio Close Price By Original Li: 0.98060
  • Ratio Current Price By Acre: 1244230.77
  • Ratio Current Price By Sq Ft: 121.34
  • Year Built: 1994
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1258
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Equipment: Dishwasher, Microwave, Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Fixture Exception Description: Refrigerator
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Laminate Wood, Tile
  • H O A Management Phone: 704-430-0729
  • Interior Amenities: Attic Stairs Pulldown, Pantry, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1408
  • Total Sq Ft: 2666

Exterior Features

  • Construction: Hardboard Siding
  • Construction Type: Site Built
  • Exterior Features: Fire pit, Outbuilding

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

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

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Recreation Area, Tennis Court(s), Walking Trails
  • Association Fee: 425.00
  • Association Fee Frequency: Annually
  • HOA Management Company: MM Management Services of LKN
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Cul-de-sac Lot, Trees
  • Lot Size Area: 0.260
  • Parcel Number: 5612-16-2655-0000
  • Zoning Specification: RM-2

Tax Info

  • Tax Value: 256230.00
  • Tax Location: Kannapls/cab

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2021
Closed on
Apr 15, 2021
Sold by
Nunn Jason and Nunn Melinda
Bought by
Baucom Jennifer Joplin
Seller's Agent
Kelly Cook
Debbie Clontz Real Estate LLC
Buyer's Agent
Ashley Bell
New Pointe Realty
List Price
$329,900
Sold Price
$323,500
Premium/Discount to List
-$6,400
-1.94%
Current Estimated Value
$452,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,247
Avg. Annual Appreciation
7.77%
Original Mortgage
$210,000
Outstanding Balance
$189,605
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$263,142

Purchase Details

Closed on
Apr 30, 2015
Sold by
Killen Dennis and Killen Sharon
Bought by
Nunn Jason and Nunn Melinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1995
Bought by
Killen Dennis Eugene

Purchase Details

Closed on
Jul 1, 1994
Source: Public Records

Range of Values:

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Average Value
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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
Baucom Jennifer Joplin $323,500 None Available
Nunn Jason $220,000 None Available
Killen Dennis Eugene $171,500 --
-- $22,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baucom Jennifer Joplin $210,000
Previous Owner Nunn Jason $209,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2021 04/15/21 Sold $323,500 -1.9% $121 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/13/2021 03/13/21 For Sale $329,900 +2.0% $124 / Sq Ft
03/12/2021 03/12/21 Off Market $323,500 -- --
03/11/2021 03/11/21 For Sale $329,900 +2.0% $124 / Sq Ft
03/10/2021 03/10/21 Off Market $323,500 -- --
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 $4,443 $391,280 $85,000 $306,280
2024 $4,443 $391,280 $85,000 $306,280
2023 $3,510 $256,230 $50,000 $206,230
2022 $3,510 $256,230 $50,000 $206,230
2021 $3,510 $256,230 $50,000 $206,230
2020 $3,510 $256,230 $50,000 $206,230
2019 $2,908 $212,260 $35,000 $177,260
2018 $2,866 $212,260 $35,000 $177,260
2017 $2,823 $212,260 $35,000 $177,260
2016 $2,823 $210,890 $40,000 $170,890
2015 $2,657 $210,890 $40,000 $170,890
2014 $2,657 $210,890 $40,000 $170,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3714458

Canopy MLS (Canopy Realtor® Association)

APN: 5612-16-2655-0000