NOT LISTED FOR SALE

1518 Cooper Ave Kannapolis, NC 28081

Estimated Value: $183,000 - $210,910

2 Beds
1.5 Baths
1,146 Sq Ft
1,742 Sq Ft Lot

Last Sold July 23, 2021

Last sale price $154,900 $135 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,266/month

2 Days on Market

Highlights

  • Picnic Area
  • Level Lot
  • Carpet
  • Northwest Cabarrus High Rated A-

About This Home

As of July 2021

IMMACULATE ( MOVE IN READY) TOWNHOME LOCATED JUST MINUTES FROM DOWNTOWN KANNAPOLIS, ATRIUM HEALTH CARE STADIUM, PARKS, SHOPPING, RESTAURANTS, BREWERY, AND ALL THE AMETIES PROVIDED BY RENOVATED DOWNTOWN. THIS HOME FEATURES FIRST LEVEL PERGO LAMINATE FLOORING, GRANITE COUNTER TOPS, TILE FLOORING AND SHOWER IN MASTER BATH,TWO FULL SIZE CLOSETS IN MASTER BEDROOM, AND PLANTATION SHUTTERS . BACKYARD PATIO AND PLENTY OF ROOM FOR GRILLING AND ENTERTAINING YOUR FAMILY OR GUEST. COMMON AREA HAS GAZEBO AND COVERED SHELTER FOR USE BY OWNERS. THIS HOME IS A MUST SEE FOR YOUR CLIENTS.

Last Agent to Sell the Property

Jimmy Carter

Lantern Realty & Development, LLC License #238763 Listed on: 06/08/2021

Lantern Realty & Development, LLC

Last Buyer's Agent

Tasha Rawls

RAWLS License #318667

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1981

Lot Details

  • 1,742

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Listing and Financial Details

  • Assessor Parcel Number 5612399836

Community Details

Overview

  • Meadowbrook Towenhomes Assoc. Inc. Association

Amenities

  • Picnic Area

Property Details

Home Type

Condominium

Year Built

Built in 1981

Lot Details

1,742 Sq Ft Lot

HOA Fees

$75 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.96873
  • Ratio Close Price By Original Li: 0.96873
  • Ratio Current Price By Acre: 3688095.24
  • Ratio Current Price By Sq Ft: 135.17
  • Unit Floor Level: 1
  • Year Built: 1981
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 580
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator
  • Flooring: Carpet, Laminate Wood
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 566
  • Total Sq Ft: 1146

Exterior Features

  • Construction: Aluminum, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Parking: Assigned Parking Space - 2

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat, Multizone A/C
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Picnic Area, Sidewalk
  • Association Fee: 75.00
  • Association Fee Frequency: Monthly
  • HOA Management Company: MEADOWBROOK TOWENHOMES ASSOC. INC.
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Land Included Yn: Yes
  • Lot Dimension: 19X98
  • Lot Features: Level
  • Parcel Number: 5612399836
  • Plat Reference Section Pages: 40
  • Zoning Specification: RM-2

Tax Info

  • Tax Value: 91560.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2021
Closed on
Jul 23, 2021
Sold by
Buchanan Evie Elizabeth
Bought by
Knox Cathleen
Seller's Agent
Jimmy Carter
Lantern Realty & Development, LLC
Buyer's Agent
Tasha Rawls
RAWLS
List Price
$159,900
Sold Price
$154,900
Premium/Discount to List
-$5,000
-3.13%
Current Estimated Value
$194,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,828
Avg. Annual Appreciation
5.03%
Original Mortgage
$150,253
Outstanding Balance
$136,162
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$58,566

Purchase Details

Closed on
Aug 1, 1993
Bought by
Buchanan Evie Elizabeth

Purchase Details

Closed on
Sep 1, 1983
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Knox Cathleen $155,000 Investors Title Insurance Co
Buchanan Evie Elizabeth $52,000 --
-- $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knox Cathleen $150,253
Closed Knox Cathleen $8,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2021 07/23/21 Sold $154,900 -3.1% $135 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $159,900 -- $140 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,130 $187,620 $58,000 $129,620
2024 $2,130 $187,620 $58,000 $129,620
2023 $1,254 $91,560 $28,000 $63,560
2022 $1,254 $91,560 $28,000 $63,560
2021 $1,254 $91,560 $28,000 $63,560
2020 $1,254 $91,560 $28,000 $63,560
2019 $1,078 $78,720 $21,000 $57,720
2018 $1,063 $78,720 $21,000 $57,720
2017 $1,047 $78,720 $21,000 $57,720
2016 $1,047 $79,960 $23,000 $56,960
2015 $1,008 $79,960 $23,000 $56,960
2014 $1,008 $79,960 $23,000 $56,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3741055

Canopy MLS (Canopy Realtor® Association)

APN: 5612-39-9836-0000

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