NOT LISTED FOR SALE

1603 Lane St Kannapolis, NC 28083

Estimated Value: $139,000 - $254,606

2 Beds
1 Bath
1,050 Sq Ft
$193/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $66,000 $63 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $1,298/month

48 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 1-Story Property
  • Jackson Park Elementary School Rated 9+
  • Fireplace
  • Storm Doors

About This Home

As of October 2017

Beautiful mill home 1 mile from downtown Kannapolis and NC Research campus. Original hardwoods throughout living area and bedrooms. New hot water heater as of 2016. Home in well established neighborhood. Great large level back yard for entertaining. Plenty of storage! Attics in house and in detached garage.

Last Agent to Sell the Property

Chris Puckett

Lantern Realty & Development, LLC License #279213 Listed on: 07/29/2017

Co-Listed By

Lisa Crowder

DM Properties & Associates License #279316

Last Buyer's Agent

Chris Puckett

Lantern Realty & Development, LLC License #279213 Listed on: 07/29/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • Level Lot
  • Property is zoned Office & Residential

Parking

  • 1

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Fireplace
  • Crawl Space
  • Storm Doors

Flooring

  • Wood
  • Laminate
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 5624-41-5567-0000

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.95791
  • Ratio Close Price By Original Li: 0.94286
  • Ratio Current Price By Acre: 183333.33
  • Ratio Current Price By Sq Ft: 62.86
  • Year Built: 1940
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Doors and Windows: Storm Door(s), Storm Window(s)
  • Equipment: Cable Prewire, Ceiling Fan(s)
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Laminate Wood, Vinyl, Wood
  • Laundry Location: Main, Kitchen
  • Room Count: 1
  • Main Level Sq Ft: 1050
  • Total Sq Ft: 1050

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Earth
  • Parking: Driveway, Garage - 1 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Jackson Park
  • Middle School: Kannapolis
  • High School: A.L. Brown

Lot Info

  • Lot Dimension: 90*175
  • Lot Features: Level
  • Lot Size Area: 0.360
  • Parcel Number: 5624-41-5567-0000
  • Zoning: Office & Residential
  • Zoning Specification: OI

Tax Info

  • Tax Value: 67850.00
  • Tax Location: Kannapls/cab

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2017
Closed on
Oct 31, 2017
Sold by
Hill James D and Hill Connie Y
Bought by
Eat 24 Propeies Llc
Seller's Agent
Chris Puckett
Lantern Realty & Development, LLC
Buyer's Agent
Chris Puckett
Lantern Realty & Development, LLC
List Price
$70,000
Sold Price
$66,000
Premium/Discount to List
-$4,000
-5.71%
Current Estimated Value
$202,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,652
Avg. Annual Appreciation
15.07%

Purchase Details

Closed on
Apr 28, 2000
Sold by
Paul Cline Roger and Paul Mary H
Bought by
Hill James D and Hill Connie Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,300
Interest Rate
8.24%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 1989
Bought by
Cline Roger Paul and Wife Mary H
Source: Public Records

Range of Values:

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Average Value
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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
Eat 24 Propeies Llc $66,000 None Available
Hill James D $69,000 --
Cline Roger Paul $46,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hill James D $68,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2017 10/31/17 Sold $66,000 -5.7% $63 / Sq Ft
09/15/2017 09/15/17 Pending -- -- --
07/29/2017 07/29/17 For Sale $70,000 -- $67 / 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 $2,819 $248,270 $65,000 $183,270
2024 $2,819 $248,270 $65,000 $183,270
2023 $743 $54,260 $4,210 $50,050
2022 $739 $53,910 $4,210 $49,700
2021 $739 $53,910 $4,210 $49,700
2020 $739 $53,910 $4,210 $49,700
2019 $930 $67,850 $32,080 $35,770
2018 $916 $67,850 $32,080 $35,770
2017 $902 $67,850 $32,080 $35,770
2016 -- $68,580 $19,800 $48,780
2015 $864 $68,580 $19,800 $48,780
2014 $864 $68,580 $19,800 $48,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3306018

Canopy MLS (Canopy Realtor® Association)

APN: 5624-41-5567-0000