NOT LISTED FOR SALE

1528 Burning Lantern Ln Kannapolis, NC 28081

Estimated Value: $496,000 - $506,014

5 Beds
2.5 Baths
3,173 Sq Ft
$158/Sq Ft Est. Value

Last Sold April 15, 2020

Last sale price $315,000 $99 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,106/month

3 Days on Market

Highlights

  • A-Frame Home
  • Attic
  • Tennis Courts
  • Northwest Cabarrus High Rated A-
  • Community Pool
  • Fireplace

About This Home

As of April 2020

Beautiful brick front house in cul-de-sac in popular Lantern Green neighborhoods. Trane HVAC 6 years old. New vinyl in 2017; All brand new window in 2019; new gas logs fire place; new food disposal; new dishwasher. All hard surface floors (upstairs and downstairs) are installed in 2019. All fresh new paint. Brand new aluminium fence backyard and gutter guard. Installed 2 piece crown molding, chair rail, coffered ceiling in three bedrooms. Upgrade two Nest learning thermostat, faucets and lights.
Large bonus room(office) downstairs. Beautiful kitchen with huge modern island, granite counters. Wet bar and a work desk. Breakfast dining faces a huge bay window. Kitchen, breakfast, den & huge separate dining room together. Five large bedrooms upstairs. Oversize 2 car garage. Neighborhood pool, tennis courts, & walking area. Great family oriented neighborhood with lots of activities.

Last Agent to Sell the Property

Melinda Mao

Lantern Realty & Development, LLC License #312367 Listed on: 03/16/2020

Lantern Realty & Development, LLC

Last Buyer's Agent

Shauna Graves

Howard Hanna Allen Tate Center City License #248357

Howard Hanna Allen Tate Center City

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • 0.29

HOA Fees

  • $36 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • A-Frame Home
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Fireplace
  • Attic

Kitchen

  • Oven
  • Kitchen Island

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 561215962600000

Community Details

Overview

  • Lantern Green HOA, Phone Number (704) 490-0400

Recreation

  • Tennis Courts
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

0

HOA Fees

$36 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: A-Frame
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 1086206.90
  • Ratio Current Price By Sq Ft: 99.28
  • Year Built: 1994
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1675
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dishwasher, Electric Range, Exhaust Fan, Oven, Exhaust Hood, Washer, Electric Oven
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Fixture Exception Description: Wall paints and pictures are exception. Optional of microwave, TVs and refrigerator
  • Fixture Exception Yn: Yes
  • Flooring: Laminate Wood, Vinyl
  • H O A Management Phone: 7044900400
  • Interior Amenities: Attic Walk-in, Garden Tub, Kitchen Island, Pantry, Walk-In Closet(s), Wet Bar
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1498
  • Total Sq Ft: 3173
  • Sq Ft Unheated Main: 511
  • Sq Ft Unheated Total: 511

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

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

Utilities

  • Heating: Central Air, Gas Water Heater, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Tennis Court(s), Walking Trails
  • Association Fee: 435.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Lantern Green HOA
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Sloping
  • Parcel Number: 561215962600000
  • Plat Book Slide: 00025
  • Plat Reference Section Pages: 00081
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 262390.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2023
Sold by
Moore Danielle and Moore James R
Bought by
Moore Danielle
Current Estimated Value
$501,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,440
Outstanding Balance
$364,857
Interest Rate
7.18%
Mortgage Type
FHA
Estimated Equity
$136,897

Purchase Details

Listed on
Mar 16, 2020
Closed on
Apr 15, 2020
Sold by
Ma Yanwei and Ji Xinzi
Bought by
Moore Danielle and Moore James R
Seller's Agent
Melinda Mao
Lantern Realty & Development, LLC
Buyer's Agent
Shauna Graves
Howard Hanna Allen Tate Center City
List Price
$315,000
Sold Price
$315,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%
Original Mortgage
$309,294
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 5, 2018
Closed on
Jun 27, 2018
Sold by
Jenkins Michael and Jenkins Starla
Bought by
Ma Yanwei and Ji Xinzi
Seller's Agent
Scott Byrne
Byrne Properties, Inc.
Buyer's Agent
Gary Edwards
Keller Williams Select
List Price
$279,900
Sold Price
$260,000
Premium/Discount to List
-$19,900
-7.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%
Original Mortgage
$251,322
Interest Rate
4.6%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 30, 2014
Sold by
Adame Benjamin M and Ochoa Maria G
Bought by
Jenkins Michael and Jenkins Starla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2009
Sold by
Winstead Susan G
Bought by
Adame Benjamin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,850
Interest Rate
4.77%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 1, 1994
Bought by
Winstead David M and Wf Susan G
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
Moore Danielle -- None Listed On Document
Moore Danielle -- None Listed On Document
Moore Danielle $315,000 Attorneys Title
Ma Yanwei $260,000 None Available
Jenkins Michael $215,000 None Available
Adame Benjamin M $237,000 None Available
Winstead David M $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Danielle $374,440
Closed Moore Danielle $374,440
Previous Owner Moore Danielle $309,294
Previous Owner Ma Yanwei $251,322
Previous Owner Jenkins Michael $100,000
Previous Owner Adame Benjamin M $223,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2020 04/15/20 Sold $315,000 0.0% $99 / Sq Ft
03/19/2020 03/19/20 Pending -- -- --
03/16/2020 03/16/20 For Sale $315,000 +21.2% $99 / Sq Ft
06/29/2018 06/29/18 Sold $260,000 -1.8% $82 / Sq Ft View Prior Sale
06/03/2018 06/03/18 Pending -- -- --
06/03/2018 06/03/18 Price Changed $264,900 -1.9% $83 / Sq Ft
05/03/2018 05/03/18 Price Changed $269,900 -1.8% $85 / Sq Ft
04/23/2018 04/23/18 Price Changed $274,900 -1.8% $87 / Sq Ft
04/05/2018 04/05/18 For Sale $279,900 -- $88 / 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 $5,350 $471,170 $85,000 $386,170
2024 $5,350 $471,170 $85,000 $386,170
2023 $4,269 $311,620 $50,000 $261,620
2022 $4,171 $304,420 $50,000 $254,420
2021 $4,171 $304,420 $50,000 $254,420
2020 $3,595 $262,390 $50,000 $212,390
2019 $3,106 $226,710 $35,000 $191,710
2018 $3,061 $226,710 $35,000 $191,710
2017 $3,015 $226,710 $35,000 $191,710
2016 $3,015 $235,630 $40,000 $195,630
2015 $2,969 $235,630 $40,000 $195,630
2014 $2,969 $235,630 $40,000 $195,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3603265

Canopy MLS (Canopy Realtor® Association)

APN: 5612-15-9626-0000