NOT LISTED FOR SALE

2990 Lane St Unit 5,6 Kannapolis, NC 28083

Estimated Value: $268,000 - $321,000

3 Beds
1 Bath
1,484 Sq Ft
$199/Sq Ft Est. Value

Last Sold July 16, 2018

Last sale price $173,500 $117 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,704/month

4 Days on Market

Highlights

  • Ranch Style House
  • Shed
  • Concrete Flooring

About This Home

As of July 2018

Lovely full brick ranch home on over 1 acre of land. Beautiful country setting, but minutes from interstate shopping restaurants and more. Pride of ownership shows through-out this home. Nice size kitchen that is open to great room.Huge laundry room and kitchen pantry with plenty of storage. Large bedroom's with nice size closets. Huge basement with buck stove fireplace kitchen sink shower, and toilet. 2 car carport with 1/2 circle concrete paved driveway. 1 car garage that is wired, and separate storage shed. Endless opportunities, zoned commercial. Perfect for family starting business lots of room to build and expand. No HOA!!

Last Agent to Sell the Property

Tracy Rowland

Tracy Rowland Real Estate Inc. License #219230 Listed on: 06/04/2018

Last Buyer's Agent

Donnie Lassiter

The Home Team Realty Group INC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 1.09

Parking

  • 1

Home Design

  • Ranch Style House

Flooring

  • Concrete
  • Vinyl

Attic

  • Pull Down Stairs to Attic

Additional Features

  • 1 Full Bathroom
  • Shed
  • Well

Listing and Financial Details

  • Assessor Parcel Number 5633-89-2664-0000

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.96982
  • Ratio Close Price By Original Li: 0.96982
  • Ratio Current Price By Acre: 159174.31
  • Ratio Current Price By Sq Ft: 116.91
  • Year Built: 1961
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Ice Maker Connection, Wall Oven
  • Flooring: Carpet, Concrete, Vinyl
  • Interior Amenities: Attic Stairs Pulldown
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1484
  • Total Sq Ft: 1484
  • Sq Ft Unheated Basement: 1412
  • Sq Ft Unheated Main: 324
  • Sq Ft Unheated Total: 1736

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Carport - 2 Car, Detached Garage, Garage - 1 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Gas

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Size Area: 1.090
  • Parcel Number: 5633-89-2664-0000
  • Zoning Specification: NEC

Tax Info

  • Tax Value: 126830.00
  • Tax Location: Kannapls/cab

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2018
Closed on
Jul 16, 2018
Sold by
Cline Tony R
Bought by
Edwards Lawrence C and Edwards Myrtle L
Seller's Agent
Tracy Rowland
Tracy Rowland Real Estate Inc.
Buyer's Agent
Donnie Lassiter
The Home Team Realty Group INC
List Price
$178,900
Sold Price
$173,500
Premium/Discount to List
-$5,400
-3.02%
Total Days on Market
4
Current Estimated Value
$295,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,795
Avg. Annual Appreciation
8.04%
Original Mortgage
$113,500
Outstanding Balance
$42,604
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$252,691
Source: Public Records

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Range of Values:

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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
Edwards Lawrence C $173,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Lawrence C $113,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2018 07/16/18 Sold $173,500 -3.0% $117 / Sq Ft
06/08/2018 06/08/18 Pending -- -- --
06/04/2018 06/04/18 For Sale $178,900 -- $121 / 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
2024 $1,638 $242,250 $134,520 $107,730
2023 $1,576 $187,650 $110,070 $77,580
2022 $1,544 $187,650 $110,070 $77,580
2021 $1,544 $187,650 $110,070 $77,580
2020 $1,544 $187,650 $110,070 $77,580
2019 $1,400 $170,250 $110,070 $60,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3397147

Canopy MLS (Canopy Realtor® Association)

APN: 5633-89-2664-0000