1507 Burning Lantern Ln Kannapolis, NC 28081
Estimated Value: $425,000 - $463,000
4
Beds
2
Baths
2,304
Sq Ft
$191/Sq Ft
Est. Value
About This Home
This home is located at 1507 Burning Lantern Ln, Kannapolis, NC 28081 and is currently estimated at $439,830, approximately $190 per square foot. 1507 Burning Lantern Ln is a home located in Cabarrus County with nearby schools including Winecoff Elementary School, Northwest Cabarrus Middle School, and Northwest Cabarrus High.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 18, 2006
Sold by
Cooper Brian K and Cooper Sandra K
Bought by
Shipman Jimmie and Shipman Betty E
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$152,098
Interest Rate
10.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$287,732
Purchase Details
Closed on
Nov 1, 1996
Bought by
Cooper Brian K and Wf Sandra K
Purchase Details
Closed on
Feb 1, 1994
Purchase Details
Closed on
Aug 1, 1993
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shipman Jimmie | $210,000 | None Available | |
| Cooper Brian K | $162,000 | -- | |
| -- | $150,500 | -- | |
| -- | $43,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shipman Jimmie | $210,000 |
Source: Public Records
Tax History Compared to Growth
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 | $4,553 | $401,000 | $85,000 | $316,000 |
| 2024 | $4,553 | $401,000 | $85,000 | $316,000 |
| 2023 | $3,453 | $252,030 | $50,000 | $202,030 |
| 2022 | $3,447 | $251,570 | $50,000 | $201,570 |
| 2021 | $3,447 | $251,570 | $50,000 | $201,570 |
| 2020 | $3,447 | $251,570 | $50,000 | $201,570 |
| 2019 | $2,855 | $208,420 | $35,000 | $173,420 |
| 2018 | $2,814 | $208,420 | $35,000 | $173,420 |
| 2017 | $2,772 | $208,420 | $35,000 | $173,420 |
| 2016 | $2,772 | $200,960 | $40,000 | $160,960 |
| 2015 | $2,532 | $200,960 | $40,000 | $160,960 |
| 2014 | $2,532 | $200,960 | $40,000 | $160,960 |
Source: Public Records
Map
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