NOT LISTED FOR SALE

2522 Old Plank Rd Kannapolis, NC 28083

Estimated Value: $404,000 - $518,000

4 Beds
2.5 Baths
2,401 Sq Ft
$192/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $465,000 $194 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,761/month

27 Days on Market

Highlights

  • Waterfront
  • Porch
  • Laundry Room
  • Balcony
  • 2 Car Attached Garage
  • French Doors

About This Home

As of July 2024

Incredible home overlooking Lake Concord! Enjoy the sunsets over the lake from your private balcony. This home has an extremely well thought out plan, with TONS of storage. The large, walk-out basement is already framed for an additional bedroom, fireplace, bathroom, and kitchen! This space would make an awesome second living area, in-law suite, or recreation room! Seller is offering a $10k credit as a decorating allowance, should the buyer want to update paint, flooring, etc!

Houses around this lake do NOT come around often, so don't miss your opportunity. Schedule your showing TODAY!

Last Agent to Sell the Property

Chad McDonald

Mosaic Properties, LLC Brokerage Email: chad@mosaicpropertiesnc.com License #286799 Listed on: 06/07/2024

Last Buyer's Agent

Ashley Bachman

EXP Realty LLC License #351067

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,117

Year Built

  • Built in 2005

Lot Details

  • Waterfront
  • Property is zoned RV

HOA Fees

  • $7 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Vinyl Siding
  • Stone Veneer

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • French Doors
  • Living Room with Fireplace
  • Water Views
  • Walk-Out Basement
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

Outdoor Features

  • Balcony
  • Porch

Utilities

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

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 5623-73-8647-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,117

Year Built

Built in 2005

Lot Details

0

HOA Fees

$7 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2005
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 193.67
  • Geocode Confidence: High
  • Attribution Contact: chad@mosaicpropertiesnc.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1263
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1377
  • Sq Ft Unheated Main: 370
  • Sq Ft Unheated Total: 1747
  • Sq Ft Upper: 1138
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Gas Water Heater, Microwave
  • Above Grade Finished Sq Ft: 2401
  • Has Basement: Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 2401
  • Bedroom Main: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Water
  • Water Body Name: Lake Concord
  • Waterfront Features: None
  • Construction Type: Stone Veneer, Vinyl
  • Patio And Porch Features: Balcony, Porch

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: Main Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 85
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Cedar Management
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 85.00

Schools

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

Lot Info

  • Lot Features: Waterfront
  • Lot Size Units: Acres
  • Parcel Number: 5623-73-8647-0000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RV

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Jul 26, 2024
Sold by
Trull Joseph and Trull Andrea
Bought by
Ippoliti Ippoliti Wayne Wayne
Seller's Agent
Chad McDonald
Mosaic Properties, LLC
Buyer's Agent
Ashley Bachman
EXP Realty LLC
List Price
$485,000
Sold Price
$465,000
Premium/Discount to List
-$20,000
-4.12%
Views
175
Current Estimated Value
$460,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,267
Avg. Annual Appreciation
-0.73%

Purchase Details

Closed on
Oct 31, 2005
Sold by
Persis Nova Construction Inc
Bought by
Trull Joseph and Trull Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,383
Interest Rate
5.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 9, 2005
Sold by
Lake Concord Associates Llc
Bought by
Persis Nova Construction Inc
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
Ippoliti Ippoliti Wayne Wayne $465,000 None Listed On Document
Trull Joseph $247,000 Multiple
Persis Nova Construction Inc $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trull Joseph $49,383
Previous Owner Trull Joseph $197,533
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2024 07/26/24 Sold $465,000 -4.1% $194 / Sq Ft
06/08/2024 06/08/24 For Sale $485,000 -- $202 / 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 $4,117 $413,400 $72,000 $341,400
2024 -- $413,400 $72,000 $341,400
2023 $3,329 $272,840 $54,000 $218,840
2022 $3,329 $272,840 $54,000 $218,840
2021 $3,329 $272,840 $54,000 $218,840
2020 $3,329 $272,840 $54,000 $218,840
2019 $2,930 $240,180 $40,000 $200,180
2018 $2,882 $240,180 $40,000 $200,180
2017 $2,834 $240,180 $40,000 $200,180
2016 $1,681 $241,520 $50,000 $191,520
2015 $2,850 $241,520 $50,000 $191,520
2014 $2,850 $241,520 $50,000 $191,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4148998

Canopy MLS (Canopy Realtor® Association)

APN: 5623-73-8647-0000