NOT LISTED FOR SALE

2518 Old Plank Rd Kannapolis, NC 28083

Estimated Value: $373,000 - $499,000

5 Beds
2.5 Baths
2,268 Sq Ft
$197/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $437,300 $193 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,707/month

2 Days on Market

Highlights

  • Water Views
  • Patio
  • Tankless Water Heater
  • 2 Car Attached Garage
  • Laundry Room
  • Fire Pit

About This Home

As of August 2023

** We have received multiple offers and are calling for everyone's highest and best by 5:00 on Monday, 7/10 **

Waterfront home on a small cul-de-sac street! Watch the breathtaking sunsets over Lake Concord from your patio that is built to entertain!

Tons of upgrades throughout, including a fully renovated kitchen and primary bathroom, large pergola with TV cabinet, a 2 story great room, and more! The primary bedroom even has it's own, dedicated HVAC!

This kind of property doesn't come to market very often, so don't miss your chance to make it yours!

Last Agent to Sell the Property

Chad McDonald

Mosaic Properties, LLC License #286799 Listed on: 07/08/2023

Last Buyer's Agent

Robin Saine

Main Realty LLC License #288353

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,278

Year Built

  • Built in 2005

Lot Details

  • Back Yard Fenced
  • Property is zoned RV

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • Water Views
  • Crawl Space
  • Walk-In Attic

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Patio
  • Fire Pit

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • Cedar Management Association
  • Harbour Towne Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 5623-73-8704-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,278

Year Built

Built in 2005

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2005
  • Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 192.81
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Interior Amenities: Attic Walk In
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1258
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1010
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Tankless Water Heater
  • Above Grade Finished Sq Ft: 2268
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Fire Pit
  • Living Area: 2268
  • Bedroom Main: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard
  • View: Water
  • Water Body Name: Lake Concord
  • Exclusions: Closet Systems in Bedrooms, Curtains and Rods in Bedrooms and Sunroom/Dining Nook
  • Construction Type: Brick Partial, Vinyl
  • Patio And Porch Features: Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Utility Room, Main Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 90
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Cedar Management
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 90.00

Schools

  • Middle Or Junior School: Kannapolis
  • HOA Subject To: Required

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5623-73-8704-0000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RV

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2015
Sold by
Sultz Tom D and Sultz Carol A
Bought by
Tarbett Aaron Keith and Garcia Chantel Nicole
Current Estimated Value
$447,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,250
Outstanding Balance
$158,310
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$289,022

Purchase Details

Closed on
Oct 3, 2006
Sold by
Strickland Allen
Bought by
Sultz Tom D and Sultz Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2005
Sold by
Persis Nova Construction Inc
Bought by
Strickland Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,600
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 1, 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
$36,000
Interest Rate
5.74%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Tarbett Aaron Keith $220,000 None Available
Sultz Tom D $210,000 None Available
Strickland Allen $208,000 Multiple
Persis Nova Construction Inc $41,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tarbett Aaron Keith $204,250
Previous Owner Sultz Tom D $160,000
Previous Owner Strickland Allen $165,600
Previous Owner Persis Nova Construction Inc $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2023 08/28/23 Sold $437,300 +1.7% $193 / Sq Ft
07/08/2023 07/08/23 For Sale $430,000 -- $190 / 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
2025 $4,278 $429,510 $72,000 $357,510
2024 $4,278 $429,510 $72,000 $357,510
2023 $3,394 $278,220 $54,000 $224,220
2022 $3,329 $241,760 $54,000 $187,760
2021 $2,949 $241,760 $54,000 $187,760
2020 $2,949 $241,760 $54,000 $187,760
2019 $2,616 $214,460 $40,000 $174,460
2018 $2,574 $214,460 $40,000 $174,460
2017 $2,531 $214,460 $40,000 $174,460
2016 $1,501 $213,310 $50,000 $163,310
2015 $2,517 $213,310 $50,000 $163,310
2014 $2,517 $213,310 $50,000 $163,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4046252

Canopy MLS (Canopy Realtor® Association)

APN: 5623-73-8704-0000