Seller's Agent in 2024
Abigail Hines
The Agency - Charlotte
(980) 621-1641
4 in this area
46 Total Sales
1512 Lane St Kannapolis, NC 28083
3
Beds
1
Bath
1,251
Sq Ft
0.26
Acres
Highlights
- Front Porch
- Laundry Room
- Four Sided Brick Exterior Elevation
- Jackson Park Elementary School Rated 9+
- 1-Story Property
- Forced Air Heating and Cooling System
About This Home
As of December 2024Welcome to this charming full brick ranch-style home, a great opportunity for investors or future homeowners alike. The property is dually zoned as RES/COM (O-I), offering flexible use options. The home is tenant-occupied on a month-to-month lease and will soon be vacating, providing flexibility for new owners.
Don't miss your chance to own valuable residential and commercial property at an attractive price. Selling as-is.
Please note that the seller has never lived in the property, and all details should be verified by the buyer's agent.
Last Agent to Sell the Property
The Agency - Charlotte Brokerage Email: Abigail.HinesMiller@TheAgencyRE.com License #329592 Listed on: 09/06/2024
Co-Listed By
The Agency - Charlotte Brokerage Email: Abigail.HinesMiller@TheAgencyRE.com License #336473
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,039
Year Built
- Built in 1930
Parking
- Driveway
Home Design
- Composition Roof
- Four Sided Brick Exterior Elevation
Interior Spaces
- 1,251 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
- Living Room with Fireplace
- Pull Down Stairs to Attic
Kitchen
- Oven
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Schools
- Jackson Park Elementary School
- Kannapolis Middle School
- A.L. Brown High School
Additional Features
- Front Porch
- Property is zoned O-I
- Forced Air Heating and Cooling System
Community Details
- Jackson Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 5624-41-1215-0000
- Tax Block 21
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 6, 2024
Closed on
Dec 14, 2024
Sold by
Melkonian Viken R and Melkonian Sheyda
Bought by
Fon Cromwell Anderia and Nfor Michelle M
Seller's Agent
Abigail Hines
The Agency - Charlotte
Buyer's Agent
Kelly Shampine
Lake Norman Realty, Inc.
List Price
$215,000
Sold Price
$160,000
Premium/Discount to List
-$55,000
-25.58%
Views
67
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,704
Avg. Annual Appreciation
22.91%
Original Mortgage
$128,000
Outstanding Balance
$127,221
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$58,778
Purchase Details
Closed on
Aug 18, 2008
Sold by
Cornerstone Cabarrus Llc
Bought by
Melkonian Viken R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 4, 2006
Sold by
Quickel Michael M and Quickel Paula W
Bought by
Cornerstone Cabarrus Llc
Purchase Details
Closed on
May 1, 1996
Bought by
Quickel Michael Meredith
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $160,000 | Statewide Title | |
| Warranty Deed | $160,000 | Statewide Title | |
| Warranty Deed | $98,000 | None Available | |
| Warranty Deed | $70,000 | None Available | |
| Warranty Deed | $40,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $128,000 | New Conventional | |
| Closed | $128,000 | New Conventional | |
| Previous Owner | $71,583 | New Conventional | |
| Previous Owner | $78,000 | Purchase Money Mortgage | |
| Previous Owner | $65,000 | Unknown | |
| Previous Owner | $56,250 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/19/2024 12/19/24 | Sold | $160,000 | -25.6% | $128 / Sq Ft |
| 09/06/2024 09/06/24 | For Sale | $215,000 | -- | $172 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
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 |
|---|---|---|---|---|
| 2024 | $2,039 | $179,570 | $65,000 | $114,570 |
| 2023 | $1,305 | $95,240 | $33,750 | $61,490 |
| 2022 | $1,305 | $95,240 | $33,750 | $61,490 |
| 2021 | $1,305 | $95,240 | $33,750 | $61,490 |
| 2020 | $1,305 | $95,240 | $33,750 | $61,490 |
| 2019 | $1,141 | $83,250 | $30,000 | $53,250 |
| 2018 | $1,124 | $83,250 | $30,000 | $53,250 |
| 2017 | $1,107 | $83,250 | $30,000 | $53,250 |
| 2016 | $1,107 | $70,710 | $18,000 | $52,710 |
| 2015 | $891 | $70,710 | $18,000 | $52,710 |
| 2014 | $891 | $70,710 | $18,000 | $52,710 |
Source: Public Records
Agents Affiliated with this Home
-
Abigail Hines
-
Ashley Rodriguez
Seller Co-Listing Agent in 2024
Ashley Rodriguez
The Agency - Charlotte
(980) 938-9636
3 in this area
7 Total Sales
-
Kelly Shampine
K
Buyer's Agent in 2024
Kelly Shampine
Lake Norman Realty, Inc.
(704) 219-8395
2 in this area
9 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4180136
APN: 5624-41-1215-0000
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