David Proicou
My Townhome
(980) 321-0976
51 Total Sales
1 in Kannapolis
$299,000 Price
2016 Concord Lake Rd Kannapolis, NC 28083
Kannapolis Area
3
Beds
3
Baths
2,687
Sq Ft
0.39
Acre Lot
About This Home
As of February 2020Investment property with instant cash flow. This triplex as many opportunities now and for the future. This property is located on a main road, with growth in area would be a great investment by itself. This triplex has a great rental history. As of right now all units are currently under lease contract. Two of the tenants have been residents long term. Please do not disturb tenants, showings granted with accepted offer. Rental income is $1950 a month, with a Gross Cap Rate of 12.6%.
Last Agent to Sell the Property
Michael Murphy
United Real Estate-Queen City License #296718 Listed on: 11/12/2019
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1955
Lot Details
- 0.39
Parking
- Gravel Driveway
Home Design
- Triplex
- Ranch Style House
- Vinyl Siding
Additional Features
- Cork Flooring
- 3 Full Bathrooms
- Crawl Space
Listing and Financial Details
- Assessor Parcel Number 5622-25-9337-0000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 30, 2025
Sold by
Lincoln Justin and Lincoln Jessica
Bought by
Purchase Details
Listed on
Nov 12, 2019
Closed on
Feb 21, 2020
Sold by
Cantor Stuart L and Cantor Frida D
Bought by
Lincoln Justin and Lincoln Jessica
Seller's Agent
Michael Murphy
United Real Estate-Queen City
Buyer's Agent
Geena Fie
Geena Fie
List Price
$185,000
Sold Price
$170,000
Premium/Discount to List
-$15,000
-8.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 24, 2017
Closed on
Dec 11, 2017
Sold by
Hollywell Llc
Bought by
Cantor Stuart L and Cantor Frida D
Seller's Agent
Kirk Hanson
Coldwell Banker- CK Select
Buyer's Agent
Michael Murphy
United Real Estate-Queen City
List Price
$199,900
Sold Price
$160,000
Premium/Discount to List
-$39,900
-19.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.85%
Original Mortgage
$120,000
Interest Rate
3.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 28, 2016
Sold by
Marlin Dave Bost
Bought by
Hollywell Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 5, 2012
Sold by
Marlin Dave Bost
Bought by
Obryan David
Purchase Details
Closed on
Nov 3, 2004
Sold by
Marlin Dave Bost and Marlin Rebecca Mesimer
Bought by
Marlin Dave Bost
Purchase Details
Closed on
Oct 17, 2003
Sold by
Marlin Rebecca Mesemer
Bought by
Marlin Dave Bost
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Kannapolis, NC
-
David Proicou
-
Michael Stokes
Michael Stokes
Coldwell Banker Realty
(980) 446-3049
49 Total Sales
2 in Kannapolis
$315K - $429K Price Range
-
Christina Rainford
Christina Rainford
Coldwell Banker Realty
(866) 615-6402
55 Total Sales
3 in Kannapolis
$129K - $229K Price Range
-
Mirta Arroyo
Mirta Arroyo
NorthGroup Real Estate LLC
(980) 635-2699
75 Total Sales
3 in Kannapolis
$150K - $263K Price Range
-
Jasmine Swaggard
Jasmine Swaggard
Costello Real Estate and Investments LLC
(513) 440-3451
57 Total Sales
4 in Kannapolis
$225K - $390K Price Range
-
Connie Ward
Connie Ward
Responds QuicklyinCREDIBLE Realty Group
(844) 699-1608
41 Total Sales
2 in Kannapolis
$280K - $322K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| Lincoln Justin | $170,000 | None Available | |
| Cantor Stuart L | $160,000 | None Available | |
| Hollywell Llc | $129,000 | None Available | |
| Obryan David | -- | None Available | |
| Marlin Dave Bost | -- | -- | |
| Marlin Dave Bost | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $127,500 | ||
| Previous Owner | Cantor Stuart L | $120,000 | |
| Previous Owner | Hollywell Llc | $2,500 | |
| Previous Owner | Marlin Dave Bost | $119,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/24/2020 02/24/20 | Sold | $170,000 | -8.1% | $63 / Sq Ft | |
| 01/23/2020 01/23/20 | Pending | -- | -- | -- | |
| 01/21/2020 01/21/20 | For Sale | $185,000 | 0.0% | $69 / Sq Ft | |
| 01/08/2020 01/08/20 | Pending | -- | -- | -- | |
| 01/03/2020 01/03/20 | For Sale | $185,000 | 0.0% | $69 / Sq Ft | |
| 11/14/2019 11/14/19 | Pending | -- | -- | -- | |
| 11/12/2019 11/12/19 | For Sale | $185,000 | +15.6% | $69 / Sq Ft | |
| 12/28/2017 12/28/17 | Sold | $160,000 | -20.0% | $60 / Sq Ft | View Prior Sale |
| 11/16/2017 11/16/17 | Pending | -- | -- | -- | |
| 01/24/2017 01/24/17 | For Sale | $199,900 | -- | $75 / Sq Ft |
Source: Canopy MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | -- | $260,630 | $132,420 | $128,210 |
| 2025 | $2,959 | $260,630 | $132,420 | $128,210 |
| 2024 | $2,959 | $260,630 | $132,420 | $128,210 |
| 2023 | $2,431 | $177,430 | $99,320 | $78,110 |
| 2022 | $2,431 | $177,430 | $99,320 | $78,110 |
| 2021 | $2,431 | $177,430 | $99,320 | $78,110 |
| 2020 | $2,707 | $197,580 | $99,320 | $98,260 |
| 2019 | $2,064 | $150,620 | $80,390 | $70,230 |
| 2018 | $2,033 | $150,620 | $80,390 | $70,230 |
| 2017 | $2,003 | $150,620 | $80,390 | $70,230 |
| 2016 | -- | $139,600 | $76,560 | $63,040 |
| 2015 | $1,759 | $139,600 | $76,560 | $63,040 |
| 2014 | $1,759 | $139,600 | $76,560 | $63,040 |
Source: Public Records
Agents Affiliated with this Home
-
MM
Seller's Agent in 2020
Michael Murphy
United Real Estate-Queen City
-
Geena Fie
Buyer's Agent in 2020
Geena Fie
Geena Fie
(704) 807-2355
29 Total Sales
-
Kirk Hanson
Seller's Agent in 2017
Kirk Hanson
Coldwell Banker- CK Select
(704) 791-9469
293 Total Sales
-
Jenna Cook
Seller Co-Listing Agent in 2017
Jenna Cook
Lantern Realty & Development, LLC
(704) 960-5591
146 Total Sales
Map
Source: Canopy MLS
MLS Number: CAR3568515
APN: 5622 25 9337
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID
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