2003 Summit Ridge Ln Kannapolis, NC 28083
Estimated Value: $333,000 - $365,000
3
Beds
3
Baths
1,886
Sq Ft
$183/Sq Ft
Est. Value
About This Home
This home is located at 2003 Summit Ridge Ln, Kannapolis, NC 28083 and is currently estimated at $345,730, approximately $183 per square foot. 2003 Summit Ridge Ln is a home located in Cabarrus County with nearby schools including Forest Park Elementary School, Kannapolis Middle, and A.L. Brown High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 23, 2023
Sold by
P5 2021-2 Borrower Llc
Bought by
Progress Residential Borrower 24 Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,950,000
Outstanding Balance
$179,272,106
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
-$178,926,376
Purchase Details
Closed on
Nov 5, 2021
Sold by
Threatt Lakevia and Threatt Lakevia Trynae
Bought by
Zillow Homes Property Trust
Purchase Details
Closed on
Dec 10, 2015
Sold by
Lade Janie and Braswell John
Bought by
Threatt Lakevia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,576
Interest Rate
3.83%
Mortgage Type
VA
Purchase Details
Closed on
Mar 31, 2008
Sold by
Baijal Anish and Baijal Alka
Bought by
Lade Janie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 1, 2000
Sold by
The Ryland Group Inc
Bought by
Baijal Anish and Baijal Alka
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,600
Interest Rate
7.81%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Progress Residential Borrower 24 Llc | -- | Selene Title | |
| Zillow Homes Property Trust | $313,000 | Investors Title Insurance Co | |
| Threatt Lakevia | $149,000 | Avista Title | |
| Lade Janie | $161,000 | None Available | |
| Baijal Anish | $154,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Progress Residential Borrower 24 Llc | $342,950,000 | |
| Previous Owner | Threatt Lakevia | $152,576 | |
| Previous Owner | Lade Janie | $128,000 | |
| Previous Owner | Baijal Anish | $138,600 |
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 | $3,824 | $336,760 | $70,000 | $266,760 |
| 2024 | $3,824 | $336,760 | $70,000 | $266,760 |
| 2023 | $2,701 | $197,170 | $40,000 | $157,170 |
| 2022 | $2,701 | $197,170 | $40,000 | $157,170 |
| 2021 | $2,701 | $197,170 | $40,000 | $157,170 |
| 2020 | $2,701 | $197,170 | $40,000 | $157,170 |
| 2019 | $1,998 | $145,810 | $17,000 | $128,810 |
| 2018 | $1,968 | $145,810 | $17,000 | $128,810 |
| 2017 | $1,939 | $145,810 | $17,000 | $128,810 |
| 2016 | $1,939 | $144,450 | $22,000 | $122,450 |
| 2015 | $1,820 | $144,450 | $22,000 | $122,450 |
| 2014 | $1,820 | $144,450 | $22,000 | $122,450 |
Source: Public Records
Map
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