NOT LISTED FOR SALE

39.5 Acre Smith Rd Kannapolis, NC 28081

Estimated Value: $301,425

39.5 Acres
$7,631 Price per Acre
1,720,620 Sq Ft Lot

Last Sold July 23, 2019

Last sale price $376,500

Est. 20% decrease in value since last sale

Current estimated payment $1,915/month

269 Days on Market

About This Lot

As of July 2019

This home is located at 39.5 Acre Smith Rd, Kannapolis, NC 28081 since 14 August 2018 and is currently estimated at $301,425. 39.5 Acre Smith Rd is a home located in Rowan County with nearby schools including Millbridge Elementary School, Corriher Lipe Middle School, and South Rowan High School.

Last Agent to Sell the Property

Nick Marinelli

Mossy Oak Properties Land and Luxury License #233062 Listed on: 08/14/2018

Co-Listed By

Shelly Russ

Keller Williams South Park License #225791

Last Buyer's Agent

Kathy Byrnes

EXP Realty LLC Mooresville License #235705

EXP Realty LLC Mooresville

Property Details

Property Type

  • Land

Lot Details

  • Home fronts a stream
  • Wooded Lot

Listing and Financial Details

  • Assessor Parcel Number 243021

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Acreage
  • Ratio Close Price By List Price: 0.79430
  • Ratio Close Price By Original Li: 0.79430
  • Ratio Current Price By Acre: 9531.65
  • Restrictions: No Restrictions
  • Special Features: None

Exterior Features

  • Publically Maintained Road: Yes

Schools

  • Elementary School: Enochville
  • Middle School: Corriher-lipe
  • High School: South Rowan

Lot Info

  • Lot Features: Stream/Creek, Wooded
  • Lot Size Area: 39.500
  • Parcel Number: 243021
  • Zoning Specification: NEC
  • Can Be Subdivided: Yes

Tax Info

  • Tax Value: 341246.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2019
Sold by
Leazer Benny B and Leazer Jo Ann
Bought by
Walley Fred D and Walley Cindy H
Current Estimated Value
$301,425

Purchase Details

Closed on
Oct 7, 2019
Sold by
Burgess Barry George and Burgess Mary Elizabeth
Bought by
Burgess Mary Elizabeth and Burgess Barry George

Purchase Details

Listed on
Aug 14, 2018
Closed on
Jul 23, 2019
Sold by
Leazer Benny B and Leazer Jo Ann
Bought by
Burgess Barry George and Burgess Mary Elizabeth
Seller's Agent
Nick Marinelli
Mossy Oak Properties Land and Luxury
Buyer's Agent
Kathy Byrnes
EXP Realty LLC Mooresville
List Price
$474,000
Sold Price
$376,500
Premium/Discount to List
-$97,500
-20.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.48%
Original Mortgage
$282,375
Interest Rate
3.82%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 8, 2018
Sold by
Leazer Benny B and Leazer Jo Ann
Bought by
Leazer Benny B and Wise Jettie L
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
Walley Fred D $199,000 None Available
Burgess Mary Elizabeth -- None Available
Burgess Barry George $376,500 None Available
Leazer Benny B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burgess Barry George $282,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2019 07/23/19 Sold $376,500 -20.6% --
05/10/2019 05/10/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $474,000 +25.9% --
02/18/2019 02/18/19 Off Market $376,500 -- --
08/14/2018 08/14/18 For Sale $474,000 -- --
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 $4,018 $608,835 $60,520 $548,315
2024 $152 $23,020 $21,160 $1,860
2023 $152 $23,020 $21,160 $1,860
2022 $143 $19,330 $19,330 $0
2021 $143 $19,330 $19,330 $0
2020 $143 $19,330 $19,330 $0
2019 $1,163 $157,670 $157,670 $0
2018 $1,153 $341,246 $341,246 $0
2017 $1,153 $341,246 $341,246 $0
2016 $1,138 $341,246 $341,246 $0
2015 $1,156 $341,246 $341,246 $0
2014 -- $341,246 $341,246 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3418303

Canopy MLS (Canopy Realtor® Association)

APN: 243-021