NOT LISTED FOR SALE

2501 Old Plank Rd Kannapolis, NC 28083

Estimated Value: $443,793 - $551,000

5 Beds
3 Baths
2,813 Sq Ft
$173/Sq Ft Est. Value

About This Home

This home is located at 2501 Old Plank Rd, Kannapolis, NC 28083 and is currently estimated at $487,948, approximately $173 per square foot. 2501 Old Plank Rd 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
Aug 27, 2019
Sold by
Herlem Lanita
Bought by
Hernandez Antonio Valencia and Hernandez Salene Alexander
Current Estimated Value
$487,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,200
Outstanding Balance
$190,639
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$297,309

Purchase Details

Closed on
Feb 20, 2009
Sold by
Bank Of America National Association
Bought by
Herlem Lanita

Purchase Details

Closed on
Dec 2, 2008
Sold by
Leonard James C and Leonard Angela R
Bought by
Lasalle Bank Na

Purchase Details

Closed on
Jul 15, 2005
Sold by
Persis Nova Construction Inc
Bought by
Leonard James and Leonard Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,335
Interest Rate
8.35%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 14, 2004
Sold by
Lake Concord Associates Llc
Bought by
Persis Nova Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.73%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Hernandez Antonio Valencia $271,500 South City Title Company
Herlem Lanita $188,000 None Available
Lasalle Bank Na $148,213 None Available
Leonard James $208,500 Multiple
Persis Nova Construction Inc $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Antonio Valencia $217,200
Previous Owner Leonard James $187,335
Previous Owner Persis Nova Construction Inc $30,000
Closed Leonard James $20,800
Source: Public Records

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 $4,112 $412,850 $72,000 $340,850
2024 $4,112 $412,850 $72,000 $340,850
2023 $3,302 $270,670 $54,000 $216,670
2022 $3,302 $270,670 $54,000 $216,670
2021 $3,302 $270,670 $54,000 $216,670
2020 $3,302 $270,670 $54,000 $216,670
2019 $2,374 $239,560 $40,000 $199,560
2018 $2,335 $239,560 $40,000 $199,560
2017 $2,296 $239,560 $40,000 $199,560
2016 $1,362 $240,360 $50,000 $190,360
2015 $2,305 $240,360 $50,000 $190,360
2014 $2,305 $240,360 $50,000 $190,360
Source: Public Records

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