NOT LISTED FOR SALE

1615 Independence Square Kannapolis, NC 28081

Estimated Value: $326,000 - $463,040

2.19 Acres
$182,311 Price per Acre
95,396 Sq Ft Lot

Last Sold November 03, 2022

Last sale price $325,000

Est. 23% increase in value since last sale

Current estimated payment $2,111/month

187 Days on Market

About This Lot

As of November 2022

Back on the Market! This Lot offers over 2 Acres of Flat Land! No HOA. This is a Great Opportunity for Developer or Builder to Built New Homes.

Currently has Sovereign Grace Assembly Church on 2.19 acres! BUILDING SOLD AS IS!
SELLER WILL MAKE NO REPAIRS. BUYER TO VERIFY ZONING REGULATIONS AND RESTRICTIONS WITH APPROPRIATE AUTHORITIES.

Last Agent to Sell the Property

Yelena Agent9107StarHill

HomeSmart Expert Realty License #297884 Listed on: 04/30/2022

HomeSmart Expert Realty

Last Buyer's Agent

Natalie Forbes

Call It Closed International Inc License #301656

Property Details

Property Type

  • Land

Lot Details

  • Possible uses of the property include Commercial, Residential
  • Zoning described as RM-1

Listing and Financial Details

  • Assessor Parcel Number 5602-99-5245-0000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: Yes
  • Ratio Current Price By Acre: 148401.83
  • Restrictions: No Representation
  • Restrictions Description: None
  • Structure Type: Acreage
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Foundation Details: Block
  • Fixture Exception Yn: 0
  • Possible Use: Commercial, Residential

Exterior Features

  • Tax Location: Kannapls/cab
  • Construction Type: Site Built

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 2.19
  • Lot Size Units: Acres
  • Parcel Number: 5602-99-5245-0000
  • Out Buildings Yn: 0
  • Lot Size: 95,484
  • Zoning Description: RM-1
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.79980

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2022
Closed on
Oct 26, 2022
Sold by
Sovereigi Grace Assembly
Bought by
South Atlantic Conference Association Of Seve
Seller's Agent
Yelena Agent9107StarHill
HomeSmart Expert Realty
Buyer's Agent
Natalie Forbes
Call It Closed International Inc
List Price
$379,000
Sold Price
$325,000
Premium/Discount to List
-$54,000
-14.25%
Views
1
Current Estimated Value
$399,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,260
Avg. Annual Appreciation
7.22%
Original Mortgage
$175,000
Outstanding Balance
$169,321
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$229,939
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
South Atlantic Conference Association Of Seve $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open South Atlantic Conference Association Of Seve $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2022 11/03/22 Sold $325,000 -7.1% --
06/13/2022 06/13/22 Price Changed $349,900 -7.7% --
04/30/2022 04/30/22 For Sale $379,000 -- --
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 -- $257,130 $104,370 $152,760
2024 -- $354,210 $104,370 $249,840
2023 $0 $219,440 $68,500 $150,940
2022 $0 $194,410 $68,500 $125,910
2021 $0 $194,410 $68,500 $125,910
2020 $2,883 $194,410 $68,500 $125,910
2019 $2,883 $168,320 $48,930 $119,390
2018 $2,883 $216,760 $48,930 $167,830
2017 $2,883 $216,740 $48,910 $167,830
2016 -- $268,220 $65,220 $203,000
2015 -- $268,220 $65,220 $203,000
2014 -- $268,220 $65,220 $203,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3855507

Canopy MLS (Canopy Realtor® Association)

APN: 5602-99-5245-0000