2505 Old Plank Rd Kannapolis, NC 28083
Estimated Value: $381,000 - $482,000
4
Beds
3
Baths
2,438
Sq Ft
$177/Sq Ft
Est. Value
About This Home
This home is located at 2505 Old Plank Rd, Kannapolis, NC 28083 and is currently estimated at $431,230, approximately $176 per square foot. 2505 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
Feb 28, 2006
Sold by
Persis Nova Construction Inc
Bought by
Trautman Peter
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
$92,200
Outstanding Balance
$51,180
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$380,050
Purchase Details
Closed on
Dec 19, 2005
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
$25,000
Interest Rate
6.28%
Mortgage Type
Construction
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Trautman Peter | $212,500 | First American Title Ins Co | |
| Persis Nova Construction Inc | $42,500 | Multiple |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Trautman Peter | $92,200 | |
| Previous Owner | Persis Nova Construction Inc | $25,000 |
Source: Public Records
Tax History Compared to Growth
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 | $3,668 | $368,270 | $72,000 | $296,270 |
| 2024 | $3,668 | $368,270 | $72,000 | $296,270 |
| 2023 | $2,976 | $243,950 | $54,000 | $189,950 |
| 2022 | $2,966 | $243,110 | $54,000 | $189,110 |
| 2021 | $2,966 | $243,110 | $54,000 | $189,110 |
| 2020 | $2,966 | $243,110 | $54,000 | $189,110 |
| 2019 | $2,593 | $212,560 | $40,000 | $172,560 |
| 2018 | $2,551 | $212,560 | $40,000 | $172,560 |
| 2017 | $2,508 | $212,560 | $40,000 | $172,560 |
| 2016 | $1,488 | $214,510 | $50,000 | $164,510 |
| 2015 | $2,531 | $214,510 | $50,000 | $164,510 |
| 2014 | $2,531 | $214,510 | $50,000 | $164,510 |
Source: Public Records
Map
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