NOT LISTED FOR SALE

1848 Duke Adam St Kannapolis, NC 28083

Estimated Value: $286,000 - $321,000

3 Beds
2 Baths
1,359 Sq Ft
$220/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $112,000 $82 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $1,912/month

58 Days on Market

Highlights

  • Great Room with Fireplace
  • Patio
  • Forced Air Heating System
  • Cathedral Ceiling
  • Home Security System
  • 1 Car Garage

About This Home

As of October 2015

RECENTLY REDECORATED!! MUST SEE TO APPRECIATE! Come see this 3 bedroom/2 bath in Mission Hills just waiting for you to call this home! Great room boasts tons of space, large enough for even an office area, includes fireplace with gas logs. Walk-thru kitchen with plenty of cabinet space; dining room with bay window gives extra natural light. All bedrooms have wonderful closet space along with stand alone shower and garden tub in master bathroom. Also has one car garage. Convenient location!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,360

Year Built

  • Built in 2005

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 45x118x45x117
  • Property fronts an interstate
  • Level Lot
  • Possible uses of the property include Gardening
  • Property is zoned R-V

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,359 Sq Ft Home
  • Cathedral Ceiling
  • Great Room with Fireplace
  • Home Security System

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

  • Forest Park Elementary School
  • Kannapolis Middle School
  • A.L. Brown High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Private Sewer

Community Details

  • Mission Hills HOA
  • Mission Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 53

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,360

Year Built

Built in 2005

Lot Details

0

HOA Fees

$6 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2005
  • Restrictions: Other - See Remarks
  • Road Frontage Type: Interstate 1 mile or Less, Interstate
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Interior Amenities: Cathedral Ceiling(s)
  • Sq Ft Unheated Basement: 0
  • Possible Use: Gardening
  • Appliances: Dishwasher, Exhaust Hood, Microwave, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Great Room
  • Living Area: 1359
  • Room Count: 6

Exterior Features

  • Roof: Composition
  • Construction Type: Concrete Block, Vinyl, Other - See Remarks
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Private Sewer, Other - See Remarks, None
  • Security: Security System
  • Cooling: Heat Pump
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 70
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Association Name: Mission Hills HOA
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Kannapolis

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.12
  • Lot Size Units: Acres
  • Parcel Number: 53
  • Zoning: R-V
  • Lot Size Acres: 0.12
  • Lot Size: 45x118x45x117
  • Lot Size Sq Ft: 5227
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Forest Park
  • High School: A.L. Brown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2018
Sold by
Steadfast Capital Management Llc
Bought by
Kandhari Arjun and Kotwal Sonika
Current Estimated Value
$296,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,500
Outstanding Balance
$96,463
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$199,325

Purchase Details

Listed on
Aug 7, 2015
Closed on
Oct 30, 2015
Sold by
Murphy Jeremy L and Murphy Elizabeth L
Bought by
Steadfast Capital Management Llc
List Price
$119,500
Sold Price
$112,000
Premium/Discount to List
-$7,500
-6.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.43%
Original Mortgage
$95,200
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 22, 2005
Sold by
Liberty Oak Inc
Bought by
Murphy Jeremy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,800
Interest Rate
6%
Mortgage Type
FHA
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
Kandhari Arjun $146,000 None Available
Steadfast Capital Management Llc $112,000 None Available
Murphy Jeremy L $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kandhari Arjun $109,500
Previous Owner Steadfast Capital Management Llc $282,200
Previous Owner Steadfast Capital Management Llc $95,200
Previous Owner Murphy Jeremy L $104,020
Previous Owner Murphy Jeremy L $121,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2016 02/18/16 Off Market $112,000 -- --
10/30/2015 10/30/15 Sold $112,000 -6.3% $82 / Sq Ft
10/04/2015 10/04/15 Pending -- -- --
08/07/2015 08/07/15 For Sale $119,500 -- $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
2024 $3,360 $295,940 $68,000 $227,940
2023 $2,301 $167,930 $34,000 $133,930
2022 $2,301 $167,930 $34,000 $133,930
2021 $2,301 $167,930 $34,000 $133,930
2020 $2,301 $167,930 $34,000 $133,930
2019 $1,520 $110,980 $17,000 $93,980
2018 $1,498 $110,980 $17,000 $93,980
2017 $1,476 $110,980 $17,000 $93,980
2016 $1,476 $118,820 $24,000 $94,820
2015 $1,497 $118,820 $24,000 $94,820
2014 $1,497 $118,820 $24,000 $94,820
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R58009

Canopy MLS (Canopy Realtor® Association)

APN: 5623-53-2564-0000