NOT LISTED FOR SALE

2401 Forrestbrook Dr Kannapolis, NC 28083

Estimated Value: $459,000

6.17 Acres
$74,392 Price per Acre
268,765 Sq Ft Lot

Last Sold December 13, 2023

Last sale price $450,000 $291 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,628/month

2 Days on Market

About This Lot

As of December 2023

Unbelievable opportunity for 6+ acres of Waterfront Property on beautiful Lake Concord in sought-after Forrestbrook! Enjoy this peaceful plat of land with year-round water views! Conveniently located minutes to Shops & Dining as well as I-85. The home and all property is being sold/conveyed as-is. Property is on septic however per seller city water & sewer are available at the street - buyer & buyer's agent to verify with city/county. Perfect opportunity for buyer to have a dream home overlooking the lake! The seller has not occupied the property and therefore makes no representation as to the ability to subdivide. For more information on Lake Concord please see county websites. Million-dollar+ homes being built in community!

Last Agent to Sell the Property

Tommy Williams

The Agency - Charlotte Brokerage Email: topagenttommy@gmail.com License #192419 Listed on: 09/27/2023

The Agency - Charlotte

Last Buyer's Agent

Conard Haywood

Lantern Realty & Development, LLC License #319615

Lantern Realty & Development, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,638

Lot Details

  • Waterfront
  • Possible uses of the property include Residential, Other - See Remarks
  • Property is zoned RE

Schools

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

Additional Features

  • Water Views
  • Septic Tank

Community Details

  • Forrestbrook Subdivision

Listing and Financial Details

  • Assessor Parcel Number 56236245280000

Property Details

Property Type

Land

Est. Annual Taxes

$2,638

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: Yes
  • Restrictions: Other - See Remarks
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: topagenttommy@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Residential, Other - See Remarks

Exterior Features

  • View: Water, Year Round
  • Water Body Name: Lake Concord
  • Waterfront Features: None

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Septic Installed
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Kannapolis
  • HOA Subject To: None

Lot Info

  • Lot Features: Waterfront
  • Lot Size Units: Acres
  • Parcel Number: 56236245280000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RE

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2023
Closed on
Dec 12, 2023
Sold by
Aldridge Ashley Inman
Bought by
Conard Haywood and Conard Pamela Haywood
Seller's Agent
Tommy Williams
The Agency - Charlotte
Buyer's Agent
Conard Haywood
Lantern Realty & Development, LLC
List Price
$439,000
Sold Price
$450,000
Premium/Discount to List
$11,000
2.51%
Views
126
Current Estimated Value
$459,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,000
Original Mortgage
$292,500
Outstanding Balance
$289,470
Interest Rate
9.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2023
Sold by
Aldridge Ashley Inman
Bought by
Morgan Russell T and Morgan Jennifer M

Purchase Details

Closed on
Feb 18, 2020
Sold by
Inman Patricia A
Bought by
Aldridge Ashley Inman
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
Conard Haywood $450,000 Magnolia Title
Morgan Russell T $10,000 None Listed On Document
Aldridge Ashley Inman -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conard Haywood $292,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2023 12/13/23 Sold $450,000 +2.5% $291 / Sq Ft
09/27/2023 09/27/23 For Sale $439,000 -- $284 / 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
2023 $2,638 $192,560 $149,290 $43,270
2022 $2,638 $192,560 $149,290 $43,270
2021 $2,674 $192,560 $149,290 $43,270
2020 $2,674 $195,190 $151,920 $43,270
2019 $4,387 $320,200 $276,280 $43,920
2018 $4,323 $320,200 $276,280 $43,920
2017 $4,259 $320,200 $276,280 $43,920
2016 -- $249,670 $183,220 $66,450
2015 $3,146 $249,670 $183,220 $66,450
2014 $3,146 $249,670 $183,220 $66,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4072550

Canopy MLS (Canopy Realtor® Association)

APN: 5623-62-4426-0000