NOT LISTED FOR SALE

1616 Concord Lake Rd Kannapolis, NC 28083

Estimated Value: $198,000 - $238,000

2 Beds
1 Bath
940 Sq Ft
$232/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $160,000 $170 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,400/month

17 Days on Market

About This Home

As of February 2021

COMPLETELY REMODELED IN 2020! This Charming 2 Bedroom Home is MOVE-IN READY! New Roof & Gutters / New Stainless Appliances / New Cali Bamboo Vinyl Flooring with 50 year manufacture warranty / Home is filled with Natural Light / New Spacious Bathroom / Large Kitchen with New Cabinets, Granite Countertops, Stainless Sink & plenty of space for a table / Spacious Bedrooms with Great Closet Space / New Carpet / All New LED Can Lighting / New Ceiling Fans / New Interior & Back Doors / Crown Modeling Throughout / New Concrete Patio / Ample Parking / All New Wiring / All New Plumbing - water all the way to the meter & new waste lines under home / New Insulation in Crawl Space / New Crawlspace Vapor Barrier

Last Agent to Sell the Property

Boston Reid

COMPASS License #265912 Listed on: 01/15/2021

COMPASS

Last Buyer's Agent

Chelsea Desourdy

Keller Williams Connected License #115875

Keller Williams Connected

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 7,841

Home Design

  • Vinyl Siding

Additional Features

  • 1 Full Bathroom
  • Crawl Space
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 5623-30-2354-0000

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.89385
  • Ratio Close Price By Original Li: 0.89385
  • Ratio Current Price By Acre: 851063.83
  • Ratio Current Price By Sq Ft: 170.21
  • Year Built: 1950
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Dishwasher, Electric Range, Microwave, Refrigerator
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 940
  • Total Sq Ft: 940

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Parking: Driveway

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.188
  • Parcel Number: 5623-30-2354-0000
  • Zoning Specification: O-I

Tax Info

  • Tax Value: 87820.00
  • Tax Location: Kannapls/cab

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Feb 25, 2021
Sold by
Wingerden Lindsey Wallace Van and Vanwingerden Thomas Van
Bought by
Irvin Eric Lee
Seller's Agent
Boston Reid
COMPASS
Buyer's Agent
Chelsea Desourdy
Keller Williams Connected
List Price
$179,000
Sold Price
$160,000
Premium/Discount to List
-$19,000
-10.61%
Current Estimated Value
$217,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,901
Avg. Annual Appreciation
6.50%
Original Mortgage
$155,200
Outstanding Balance
$140,697
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$72,006

Purchase Details

Closed on
May 20, 2020
Sold by
Smith Will R and Smith Kelissa
Bought by
Wallace Matthew Ryan and Wingerden Lindsey Wallace

Purchase Details

Closed on
Apr 3, 2013
Sold by
Lowery Charla D and Douglas Darrin D
Bought by
Smith Will R and Smith Melissa

Purchase Details

Closed on
Oct 31, 2008
Sold by
Douglas Willie Bois and Douglas Rhonda
Bought by
Lowery Charla Douglas and Douglas Darrin Dean
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
Irvin Eric Lee $160,000 Investors Title Ins Agcy
Wallace Matthew Ryan $70,000 None Available
Smith Will R $25,500 None Available
Lowery Charla Douglas -- None Available
Lowery Charla Douglas -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irvin Eric Lee $155,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold $160,000 -10.6% $170 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $179,000 -- $190 / 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
2024 $2,583 $227,440 $78,670 $148,770
2023 $1,827 $133,360 $59,000 $74,360
2022 $1,545 $87,820 $52,140 $35,680
2021 $1,203 $87,820 $52,140 $35,680
2020 $1,203 $87,820 $52,140 $35,680
2019 $803 $58,590 $38,100 $20,490
2018 $791 $58,590 $38,100 $20,490
2017 $779 $58,590 $38,100 $20,490
2016 $779 $62,980 $36,290 $26,690
2015 -- $62,980 $36,290 $26,690
2014 -- $65,030 $37,800 $27,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3698575

Canopy MLS (Canopy Realtor® Association)

APN: 5623-30-2354-0000