NOT LISTED FOR SALE

198 Petes Pond Rd Kannapolis, NC 28081

Estimated Value: $302,000 - $414,000

3 Beds
2 Baths
1,904 Sq Ft
$199/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $230,000 $121 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,179/month

39 Days on Market

Highlights

  • Barn
  • Ranch Style House
  • Skylights
  • Open Floorplan
  • Cathedral Ceiling
  • Fireplace

About This Home

As of May 2018

Country living on 4.98 acres with a pond and barn! Property consists of two tracts each with separate parcel and deed numbers. Well maintained 3 BR, 2 Ba modular home on a private street. 20x30 barn features 1 stall, tack room and loft area. Lean to's on each side are 30 ft x 14 ft, for parking your tractor/equipment. 2 car carport and storage building. Per owner, pond was stocked with catfish, brim, bass, crappie and grass carp to keep it clean. Rowan Cty tax records show the home as a double wide. Owner has paperwork/plans when originally purchased stating it is a modular home. Interior walls are dry wall. This is suppose to be changed with the county. Contact agent for contact person to speak with at the county. Copy of survey and house plans in media. Back deck.

Last Agent to Sell the Property

Robbie Bentley

Bentley Realty License #114546 Listed on: 01/05/2018

Last Buyer's Agent

Robin Price

DM Properties & Associates License #262166

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 4.98

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Skylights
  • Fireplace
  • Crawl Space
  • Storm Doors
  • Kitchen Island

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Shed
  • Barn
  • Well

Listing and Financial Details

  • Assessor Parcel Number 249138 & 015

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: Modular Home
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.97872
  • Ratio Close Price By Original Li: 0.97872
  • Ratio Current Price By Acre: 46184.74
  • Ratio Current Price By Sq Ft: 120.80
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Storm Door(s)
  • Equipment: Ceiling Fan(s), Cable Prewire, Dishwasher, Electric Dryer Hookup, Electric Range, Refrigerator, Exhaust Hood, Security System, Electric Oven
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Built-Ins, Cathedral Ceiling(s), Kitchen Island, Open Floorplan, Skylight(s), Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1904
  • Total Sq Ft: 1904

Exterior Features

  • Construction: Vinyl
  • Construction Type: On Frame Modular
  • Exterior Features: Barn(s), Shed(s)

Garage/Parking

  • Driveway: Asphalt, Gravel
  • Parking: Carport - 2 Car, Parking Space - 4+

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimension: 4.98
  • Lot Features: Lake
  • Lot Size Area: 4.980
  • Parcel Number: 249138 & 015
  • Zoning Specification: RA

Tax Info

  • Tax Value: 161814.00
  • Tax Location: Kannapls/row

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2022
Sold by
Austin Smith Travis and Austin Reagan
Bought by
Wise Michael Edward and Wise Brittany Nicole
Current Estimated Value
$379,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Outstanding Balance
$216,144
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$163,186

Purchase Details

Closed on
Jan 20, 2021
Sold by
Smith Rebekah T
Bought by
Smith Travis Austin

Purchase Details

Listed on
Jan 5, 2018
Closed on
May 4, 2018
Sold by
Graham David Lee
Bought by
Smith Travis Austin and Smith Rebekah T
Seller's Agent
Robbie Bentley
Bentley Realty
Buyer's Agent
Robin Price
DM Properties & Associates
List Price
$235,000
Sold Price
$230,000
Premium/Discount to List
-$5,000
-2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Original Mortgage
$237,590
Interest Rate
4.45%
Mortgage Type
VA

Purchase Details

Closed on
Jul 23, 2010
Sold by
Ramseur Melvin L and Ramseur Rebecca H
Bought by
Graham David L

Purchase Details

Closed on
Mar 25, 2004
Sold by
Citifinancial Mortgage Co Inc
Bought by
Ramseur Melvin L and Ramseur Rebecca H

Purchase Details

Closed on
Feb 4, 2004
Sold by
Bullig Valentine and Bullig Christian Y
Bought by
Citifinancial Mortgage Co Inc
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
Wise Michael Edward $350,000 Link Kevin C
Smith Travis Austin -- Shepard Law Pllc
Smith Travis Austin $230,000 None Available
Graham David L $87,500 None Available
Ramseur Melvin L $60,000 --
Citifinancial Mortgage Co Inc $67,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wise Michael Edward $227,500
Previous Owner Smith Travis Austin $237,590
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2018 05/04/18 Sold $230,000 -2.1% $121 / Sq Ft
02/13/2018 02/13/18 Pending -- -- --
01/05/2018 01/05/18 For Sale $235,000 -- $123 / 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 $2,262 $333,916 $107,760 $226,156
2024 $2,262 $333,916 $107,760 $226,156
2023 $2,262 $333,916 $107,760 $226,156
2022 $1,594 $211,150 $120,874 $90,276
2021 $1,552 $211,150 $120,874 $90,276
2020 $1,552 $211,150 $120,874 $90,276
2019 $1,552 $211,150 $120,874 $90,276
2018 $678 $92,984 $28,500 $64,484
2017 $549 $75,315 $28,500 $46,815
2016 $549 $75,315 $28,500 $46,815
2015 $568 $76,815 $30,000 $46,815
2014 $579 $81,818 $30,000 $51,818
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3349185

Canopy MLS (Canopy Realtor® Association)

APN: 249-138