NOT LISTED FOR SALE

2985 Keady Mill Loop Kannapolis, NC 28081

Estimated Value: $596,000 - $647,000

4 Beds
5 Baths
3,500 Sq Ft
$178/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $490,000 $140 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,954/month

4 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Wood Flooring
  • Charles E. Boger Elementary School Rated A-
  • Clubhouse
  • Mud Room

About This Home

As of August 2021

You will be impressed with this stately & impeccable home. One of the original custom builds in Kellswater. Gleaming hardwood floors welcome you from your rocking chair front porch. Attention to detail like: solid crown molding; decorative wainscoting; coffered ceiling in the living room with 9 canned lights; Plus abundant natural light. Home chefs will appreciate granite counters & walk in pantry, breakfast area & easy flow that works great for every day living & entertaining. Master on main has renovated bath with heated tile floor, jetted tub, walk in shower, granite counters & custom organizers in closet. 2nd floor has huge loft/living area - 1 guest suite with bath & 2 bedrooms that share a Jack and Jill bath. Finished 3rd story w/ half bath has many options. Private office, library, study, storage, etc. Huge composite deck overlooking large back yard and incredible neighborhood pool. Like having your own pool without the work! AND In ground irrigation runs off well in back yard.

Last Agent to Sell the Property

Jim Straatmann

Keller Williams Ballantyne Area License #292364 Listed on: 07/07/2021

Keller Williams Ballantyne Area

Co-Listed By

Charlynn Straatmann

Keller Williams Ballantyne Area License #284901

Last Buyer's Agent

Glen Tucker

RE/MAX Leading Edge License #220989

RE/MAX Leading Edge

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • Irrigation

HOA Fees

  • $154 Monthly HOA Fees

Parking

  • Attached Garage

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Fireplace
  • Mud Room
  • Crawl Space
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Listing and Financial Details

  • Assessor Parcel Number 5602-76-0847-0000

Community Details

Overview

  • Hawthorne Association, Phone Number (704) 377-0114

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$154 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2.5 Story
  • Ratio Close Price By List Price: 1.03158
  • Ratio Close Price By Original Li: 1.03158
  • Ratio Current Price By Acre: 960784.31
  • Ratio Current Price By Sq Ft: 140.00
  • Year Built: 2007
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1320
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), Convection Oven, Cooktop Electric, Dishwasher, Disposal, Electric Dryer Hookup, Ice Maker Connection, Security System, Wall Oven
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-377-0114
  • Interior Amenities: Attic Other, Drop Zone, Kitchen Island, Open Floorplan, Tray Ceiling, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Main, Laundry Room
  • Room Count: 3
  • Main Level Sq Ft: 1742
  • Third Level Sq Ft: 438
  • Total Sq Ft: 3500

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 3 Car, Side Load Garage

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: City Water, Well Installed
  • Water Heater: Gas, g-On-Demand Water Heater

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Outdoor Pool, Playground, Recreation Area, Sidewalk, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 154.00
  • Association Fee Frequency: Monthly
  • HOA Management Company: Hawthorne
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Charles E. Boger
  • Middle School: Northwest Cabarrus
  • High School: Northwest Cabarrus

Lot Info

  • Lot Size Area: 0.510
  • Parcel Number: 5602-76-0847-0000
  • Zoning Specification: TND

Tax Info

  • Tax Value: 367860.00
  • Tax Location: Kannapls/cab

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Aug 20, 2021
Sold by
Herbener James
Bought by
Billings Tyler Dean and Billings Jennifer Young
Seller's Agent
Jim Straatmann
Keller Williams Ballantyne Area
Buyer's Agent
Glen Tucker
RE/MAX Leading Edge
List Price
$475,000
Sold Price
$490,000
Premium/Discount to List
$15,000
3.16%
Current Estimated Value
$621,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,490
Avg. Annual Appreciation
5.81%
Original Mortgage
$465,500
Outstanding Balance
$428,725
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$189,058

Purchase Details

Closed on
Jan 27, 2020
Sold by
Hughes Ann Marie
Bought by
Herbener James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 7, 2017
Closed on
Sep 28, 2017
Sold by
Clayton Kenneth and Clayton Martha
Bought by
Herbener James and Hughes Anne Marie
Seller's Agent
Jim Straatmann
Keller Williams Ballantyne Area
Buyer's Agent
Jim Straatmann
Keller Williams Ballantyne Area
List Price
$400,000
Sold Price
$389,000
Premium/Discount to List
-$11,000
-2.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%
Original Mortgage
$269,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2007
Sold by
Richland Homes Of North Carolina Inc
Bought by
Clayton Kenneth and Clayton Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.3%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 28, 2006
Sold by
Kellswater Bridge Development Llc
Bought by
Finney Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.1%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Billings Tyler Dean $490,000 None Available
Herbener James $140,000 None Available
Herbener James $389,000 None Available
Clayton Kenneth $90,000 None Available
Richland Homes Of North Carolina Inc $69,000 None Available
Finney Builders Inc $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Billings Tyler Dean $465,500
Previous Owner Herbener James $380,500
Previous Owner Herbener James $269,000
Previous Owner Richland Homes Of North Carolina Inc $420,000
Previous Owner Finney Builders Inc $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $490,000 +3.2% $140 / Sq Ft
07/11/2021 07/11/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $475,000 +22.1% $136 / Sq Ft
09/28/2017 09/28/17 Sold $389,000 -2.8% $111 / Sq Ft
08/11/2017 08/11/17 Pending -- -- --
07/07/2017 07/07/17 For Sale $400,000 -- $114 / 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 $6,207 $546,600 $92,000 $454,600
2024 $6,207 $546,600 $92,000 $454,600
2023 $5,040 $367,860 $58,000 $309,860
2022 $5,040 $367,860 $58,000 $309,860
2021 $5,040 $367,860 $58,000 $309,860
2020 $5,040 $367,860 $58,000 $309,860
2019 $4,370 $318,970 $64,500 $254,470
2018 $4,306 $318,970 $64,500 $254,470
2017 $4,242 $318,970 $64,500 $254,470
2016 $4,242 $352,640 $60,000 $292,640
2015 $4,443 $352,640 $60,000 $292,640
2014 $4,443 $352,640 $60,000 $292,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3756900

Canopy MLS (Canopy Realtor® Association)

APN: 5602-76-0847-0000