NOT LISTED FOR SALE

1703 Lane St Kannapolis, NC 28083

Estimated Value: $236,000 - $260,311

2 Beds
1 Bath
1,310 Sq Ft
$191/Sq Ft Est. Value

Last Sold November 27, 2023

Last sale price $237,000 $181 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,571/month

17 Days on Market

Highlights

  • Wood Flooring
  • Detached Garage
  • Central Heating and Cooling System
  • Jackson Park Elementary School Rated 9+
  • Laundry Room

About This Home

As of November 2023

Welcome to this move-in-ready 2 bed, 1 bath home in thriving Kannapolis. Perfect starter home, investment property, or someone looking to downsize. This recently updated home boasts spacious bedrooms, new vinyl siding,and a large yard with a patio for entertaining. The upstairs bedroom could be divided into 2 rooms or add a new full bath to make it a private primary bedroom. With fresh paint throughout, the interior feels bright and welcoming, ready for you to infuse your personal touch and style. Other renovations include refinished hardwood floors, painted kitchen cabinets, and an upgraded full bath. One of the standout features of this property is its close proximity to vibrant downtown Kannapolis area. Enjoy the ease of strolling to trendy shops, delicious restaurants, and community events. Check out kannapolisnc.gov for downtown info. Easy access to I-85. This home is waiting for you!

Last Agent to Sell the Property

Lara Murphy

EXP Realty LLC Mooresville Brokerage Email: lara@murphyhomegroup.com License #241989 Listed on: 10/18/2023

EXP Realty LLC Mooresville

Last Buyer's Agent

Kay Dowd

Keller Williams South Park License #345451

Keller Williams South Park

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,102

Year Built

  • Built in 1948

Lot Details

  • 10,019

Parking

  • Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Wood Flooring
  • Crawl Space
  • Electric Oven
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Full Bathroom

Additional Features

  • Property is zoned OI
  • Central Heating and Cooling System

Community Details

  • Jackson Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5624-41-8667-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,102

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1948
  • Road Surface Type: Gravel
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 180.92
  • Geocode Confidence: High
  • Attribution Contact: lara@murphyhomegroup.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 913
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 397
  • Appliances: Electric Oven
  • Above Grade Finished Sq Ft: 1310
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1310
  • Bedroom Main: 1
  • Room Count: 4

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Garage

Utilities

  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Laundry Features: Inside, Main Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Area: 0.23
  • Lot Size Units: Acres
  • Parcel Number: 5624-41-8667-0000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: OI

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Nov 21, 2023
Sold by
Floyd Greene Family Limited Partnership
Bought by
Alvarez Zimri
Seller's Agent
Lara Murphy
EXP Realty LLC Mooresville
Buyer's Agent
Kay Dowd
Keller Williams South Park
List Price
$250,000
Sold Price
$237,000
Premium/Discount to List
-$13,000
-5.2%
Views
25
Current Estimated Value
$250,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,078
Avg. Annual Appreciation
2.91%
Original Mortgage
$204,975
Outstanding Balance
$201,447
Interest Rate
7.57%
Mortgage Type
FHA
Estimated Equity
$48,631

Purchase Details

Closed on
Sep 4, 2007
Sold by
Greene Floyd E
Bought by
Floyd Greene Family Lp Rlllp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,165
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2005
Sold by
Atwell Carolyn J
Bought by
Greene Floyd E

Purchase Details

Closed on
Jun 1, 1996
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
Alvarez Zimri $237,000 None Listed On Document
Alvarez Zimri $237,000 None Listed On Document
Floyd Greene Family Lp Rlllp -- None Available
Greene Floyd E -- --
-- $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Zimri $204,975
Closed Alvarez Zimri $204,975
Previous Owner Floyd Greene Family Lp Rlllp $42,165
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2023 11/27/23 Sold $237,000 -1.2% $181 / Sq Ft
11/02/2023 11/02/23 Price Changed $239,900 -4.0% $183 / Sq Ft
10/18/2023 10/18/23 For Sale $250,000 -- $191 / 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 $3,102 $273,170 $65,000 $208,170
2024 $2,677 $235,720 $65,000 $170,720
2023 $1,388 $101,320 $34,430 $66,890
2022 $1,388 $101,320 $34,430 $66,890
2021 $1,388 $101,320 $34,430 $66,890
2020 $1,388 $101,320 $34,430 $66,890
2019 $1,131 $82,530 $28,800 $53,730
2018 $1,114 $82,530 $28,800 $53,730
2017 $1,098 $82,530 $28,800 $53,730
2016 -- $81,950 $18,000 $63,950
2015 $1,033 $81,950 $18,000 $63,950
2014 $1,033 $81,950 $18,000 $63,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4078183

Canopy MLS (Canopy Realtor® Association)

APN: 5624-41-8667-0000