NOT LISTED FOR SALE

2516 Lane St Kannapolis, NC 28083

Estimated Value: $161,000 - $204,000

2 Beds
1 Bath
962 Sq Ft
$198/Sq Ft Est. Value

Last Sold October 06, 2022

Last sale price $165,000 $172 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,156/month

120 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Detached Garage
  • Jackson Park Elementary School Rated 9+
  • Cottage
  • Front Porch

About This Home

As of October 2022

Cozy 2 bed/1 bath home conveniently located minutes from downtown Kannapolis and I-85. Large workshop in back and rocking chair front porch complete this home. Home has had some upgrades. Brand new water heater. Fridge and stove will not stay. Judicial sale with 10 day upset bid period. Being sold as is, where is - seller to not make repairs. ***Currently under upset bid period. Period will end 8/5. Upset bid has to be 5% higher than current bid and a 5% deposit with clerk of court. Contact agent for additional information.***

Last Agent to Sell the Property

Michelle Steeley

Premier Real Estate Team Inc. License #297634 Listed on: 06/08/2022

Last Buyer's Agent

Travis Rabon

Premier Real Estate Team Inc. License #319643

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 120x142x117x142
  • Sloped Lot
  • Property is zoned C-1, C-1

Home Design

  • Cottage
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 962 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Crawl Space
  • Pull Down Stairs to Attic
  • Dishwasher

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • Detached Garage
  • Workshop in Garage

Outdoor Features

  • Deck
  • Front Porch

Schools

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

Utilities

  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5634-01-6043-0000

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0.39 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1900
  • Ratio Current Price By Acre: 423076.92
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Road Surface Type: Dirt
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 171.52
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Linoleum, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Garage Shop, Open Floorplan
  • Fixture Exception Yn: 1
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 962
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Deck,Front
  • Fixture Exception Description: stove and refrigerator
  • Appliances: Cable Prewire, Ceiling Fan(s), Dishwasher, Electric Dryer Hookup
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 962
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Status: Complete
  • Tax Location: Kannapls/cab
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Detached, Garage - 1 Car

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

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

Lot Info

  • Lot Features: Sloped
  • Lot Size Units: Acres
  • Parcel Number: 5634-01-6043-0000
  • Lot Size: 120x142x117x142
  • Zoning Description: C-1
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.56249

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Oct 6, 2022
Sold by
Hayes Brian P
Bought by
Barrier Steve and Barrier Tammy
Seller's Agent
Michelle Steeley
Premier Real Estate Team Inc.
Buyer's Agent
Travis Rabon
Premier Real Estate Team Inc.
List Price
$199,900
Sold Price
$165,000
Premium/Discount to List
-$34,900
-17.46%
Views
8
Current Estimated Value
$190,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,806
Avg. Annual Appreciation
4.30%
Original Mortgage
$132,000
Outstanding Balance
$126,576
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$64,230

Purchase Details

Closed on
Nov 6, 2012
Sold by
Deaton Garry W and Deaton June
Bought by
Deaton Garry W and Deaton June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.2%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jul 24, 2000
Sold by
Farmer Johnsie D and Farmer Dewey Lee
Bought by
Long Debra D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Barrier Steve $165,000 --
Barrier Steve $165,000 None Listed On Document
Deaton Garry W $27,000 None Available
Long Debra D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrier Steve $132,000
Closed Barrier Steve $132,000
Previous Owner Deaton Garry W $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2022 10/06/22 Sold $165,000 -5.7% $172 / Sq Ft
06/29/2022 06/29/22 Price Changed $174,999 -12.5% $182 / Sq Ft
06/08/2022 06/08/22 For Sale $199,900 -- $208 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,959 $172,540 $65,000 $107,540
2024 $1,959 $172,540 $65,000 $107,540
2023 $1,546 $112,880 $53,460 $59,420
2022 $779 $112,000 $53,460 $58,540
2021 $779 $112,000 $53,460 $58,540
2020 $779 $112,000 $53,460 $58,540
2019 $614 $89,700 $42,770 $46,930
2018 $605 $89,700 $42,770 $46,930
2017 $597 $89,700 $42,770 $46,930
2016 -- $80,470 $29,900 $50,570
2015 $1,014 $80,470 $29,900 $50,570
2014 $1,014 $80,470 $29,900 $50,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3870093

Canopy MLS (Canopy Realtor® Association)

APN: 5634-01-6043-0000

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