NOT LISTED FOR SALE

1519 Burning Lantern Ln Kannapolis, NC 28081

Estimated Value: $448,000 - $478,000

5 Beds
3 Baths
2,641 Sq Ft
$176/Sq Ft Est. Value

Last Sold February 09, 2022

Last sale price $412,000 $156 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,871/month

56 Days on Market

About This Home

As of February 2022

This Kannapolis two-story home offers a two-car garage.

Last Agent to Sell the Property

Verria Hairston

Opendoor Brokerage LLC License #309654 Listed on: 11/09/2021

Last Buyer's Agent

Gene Howard

Gene Howard Homes LLC License #281600

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,521

Year Built

  • 1994

Lot Details

  • 8,712

HOA Fees

  • $36 per month

Community Details

Overview

  • Mandatory Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,521

Year Built

1994

Lot Details

0

HOA Fees

$36 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Directions: Head south on S Cannon Blvd toward Vermont St Continue on Mt Olivet Rd. Take S Ridge Ave to Winecoff School Rd in Concord Take Oakwood Ave to Lantern Way in Kannapolis Follow Lantern Way and Lamplighter Dr to Burning Lantern Ln
  • New Construction: No
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • Subdivision Name: Brentwood
  • Ratio Current Price By Acre: 2060000.00
  • Special Features: None
  • Year Built: 1994

Interior Features

  • Appliances: Ceiling Fan(s), Electric Range, Microwave
  • Fireplace Features: Gas
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 1
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1310
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1331
  • Half Bathrooms: 0
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation Details: Slab
  • Construction Type: Brick Partial, Other
  • Construction Status: Complete
  • Tax Location: Kannapls/cab
  • Construction Type: Site Built

Garage/Parking

  • Parking Features: Attached Garage, Garage - 2 Car
  • Main Level Garage YN: 1
  • Sq Ft Garage: 536

Utilities

  • Heating: Gas Hot Air Furnace
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Other

Condo/Co-op/Association

  • Association Fee: 109
  • Association Fee Frequency: Quarterly
  • Association Name: MM Management Services of LKN
  • Phone: 7044300729
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Winecoff
  • High School: Northwest Cabarrus
  • Middle Or Junior School: Northwest Cabarrus
  • HOA Subject To: Required

Lot Info

  • Zoning Description: RM-2

Tax Info

  • RATIO List Price By Tax Amount: 1.62192

Multi Family

  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2021
Closed on
Feb 4, 2022
Sold by
Opendoor Property Trust I
Bought by
Baxter-Mims Sharonda L and Mims Demetrius
Seller's Agent
Verria Hairston
Opendoor Brokerage LLC
Buyer's Agent
Gene Howard
Gene Howard Homes LLC
List Price
$392,000
Sold Price
$412,000
Premium/Discount to List
$20,000
5.1%
Current Estimated Value
$463,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,571
Avg. Annual Appreciation
3.27%
Original Mortgage
$356,328
Outstanding Balance
$330,918
Interest Rate
3.56%
Mortgage Type
FHA
Estimated Equity
$132,653

Purchase Details

Closed on
Aug 30, 2021
Sold by
Aldridge Jennifer and Aldridge Richard Scott
Bought by
Opendoor Property Trust I

Purchase Details

Closed on
Jul 22, 2005
Sold by
Byrne Dann C and Byrne Jodi K
Bought by
Norris Jennifer F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.46%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 9, 2001
Sold by
Payne Barry and Payne Nancy
Bought by
Byrne Dann C and Byrne Jodi K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
7.08%

Purchase Details

Closed on
Jun 1, 1994
Bought by
Payne Barry and Wf Nancy
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Baxter-Mims Sharonda L $412,000 Chicago Title
Opendoor Property Trust I $367,000 Chicago Title Insurance Co
Opendoor Property Trust $367,000 Chicago Title
Norris Jennifer F $195,000 --
Byrne Dann C $172,500 --
Payne Barry $164,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baxter-Mims Sharonda L $356,328
Previous Owner Norris Jennifer F $125,000
Previous Owner Byrne Dann C $99,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2022 02/09/22 Sold $412,000 +6.7% $156 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
12/16/2021 12/16/21 Price Changed $386,000 -1.5% $146 / Sq Ft
12/09/2021 12/09/21 For Sale $392,000 -4.9% $148 / Sq Ft
12/07/2021 12/07/21 Off Market $412,000 -- --
11/19/2021 11/19/21 Pending -- -- --
11/09/2021 11/09/21 For Sale $392,000 -- $148 / Sq Ft
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 $4,521 $398,170 $85,000 $313,170
2024 $4,521 $398,170 $85,000 $313,170
2023 $3,284 $239,680 $50,000 $189,680
2022 $3,260 $237,990 $50,000 $187,990
2021 $3,260 $237,990 $50,000 $187,990
2020 $3,260 $237,990 $50,000 $187,990
2019 $2,699 $197,040 $35,000 $162,040
2018 $2,660 $197,040 $35,000 $162,040
2017 $2,621 $197,040 $35,000 $162,040
2016 $2,621 $206,800 $40,000 $166,800
2015 $2,606 $206,800 $40,000 $166,800
2014 $2,606 $206,800 $40,000 $166,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3804744

Canopy MLS (Canopy Realtor® Association)

APN: 5612-16-9010-0000