NOT LISTED FOR SALE

1987 Stratton Ct Kannapolis, NC 28081

Estimated Value: $389,848 - $395,000

4 Beds
2.5 Baths
2,169 Sq Ft
$181/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $367,500 $169 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,402/month

95 Days on Market

Highlights

  • Open Floorplan
  • Transitional Architecture
  • Front Porch
  • Northwest Cabarrus High Rated A-
  • Cul-De-Sac
  • 2 Car Attached Garage

About This Home

As of March 2023

This lovely home is located on a cul-de-sac in a convenient area, close to I-85, restaurants, medical, shopping, parks and more. The subdivision is "nestled away" with mature trees and feels peaceful.
This home offers beautiful updates in large kitchen, with island, lots of windows and open to the breakfast area and large great room. Also on the main level you have a formal dining room and living room or office.
Upper level offers large master with huge closet and beautifully updated master bath. Three other bedrooms, nice size or two bedrooms and a huge bonus. Lots of closets, two car garage and large backyard. Make an appointment,
it's a musty see!

Last Agent to Sell the Property

Brenda Cline

RE/MAX Executive License #192081 Listed on: 11/03/2022

RE/MAX Executive

Last Buyer's Agent

Michelle Steeley

Premier Real Estate Team Inc. License #297634

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • 10,018 Sq Ft Lot
  • Cul-De-Sac
  • Property is zoned RM-2

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • Ceiling Fan
  • Great Room with Fireplace
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Patio
  • Front Porch

Utilities

  • Zoned Heating and Cooling
  • Vented Exhaust Fan
  • Heat Pump System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Stonewyck HOA
  • Stonewyck Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 5612-03-2778-0000

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

10,018 Sq Ft Lot

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 1993
  • Restrictions: Subdivision
  • Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 169.43
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Attic Other, Cable Prewire, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 951
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1218
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Exhaust Fan, Gas Water Heater, Microwave, Plumbed For Ice Maker
  • Other Equipment: Network Ready
  • Above Grade Finished Sq Ft: 2169
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Great Room
  • Living Area: 2169
  • Bedroom Main: 0

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Vinyl
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Heat Pump, Zoned
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Ceiling Fan(s), Heat Pump, Zoned
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 155
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Stonewyck HOA
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 155.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Units: Acres
  • Parcel Number: 5612-03-2778-0000
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10018
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RM-2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2022
Closed on
Mar 2, 2023
Sold by
Ademe John O
Bought by
Duong Tommy
Seller's Agent
Brenda Cline
RE/MAX Executive
Buyer's Agent
Michelle Steeley
Premier Real Estate Team Inc.
List Price
$399,900
Sold Price
$367,500
Premium/Discount to List
-$32,400
-8.1%
Views
126
Current Estimated Value
$391,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,462
Avg. Annual Appreciation
2.15%
Original Mortgage
$360,843
Outstanding Balance
$349,515
Interest Rate
6.13%
Mortgage Type
FHA
Estimated Equity
$42,447

Purchase Details

Closed on
Feb 1, 1994
Bought by
Adeyeye John O and Wf Olasumbo M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Duong Tommy $367,500 --
Duong Tommy $367,500 None Listed On Document
Adeyeye John O $115,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duong Tommy $360,843
Closed Duong Tommy $360,843
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2023 03/10/23 Sold $367,500 -2.0% $169 / Sq Ft
12/16/2022 12/16/22 Price Changed $375,000 -6.2% $173 / Sq Ft
11/03/2022 11/03/22 For Sale $399,900 -- $184 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $4,195 $369,400 $70,000 $299,400
2024 $4,195 $369,400 $70,000 $299,400
2023 $2,719 $198,490 $40,000 $158,490
2022 $2,719 $198,490 $40,000 $158,490
2021 $2,719 $198,490 $40,000 $158,490
2020 $2,719 $198,490 $40,000 $158,490
2019 $2,174 $158,650 $27,000 $131,650
2018 $2,142 $158,650 $27,000 $131,650
2017 $2,110 $158,650 $27,000 $131,650
2016 $2,110 $144,380 $24,000 $120,380
2015 $1,819 $144,380 $24,000 $120,380
2014 $1,819 $144,380 $24,000 $120,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3919850

Canopy MLS (Canopy Realtor® Association)

APN: 5612-03-2778-0000

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