NOT LISTED FOR SALE

5123 Brailey Cir Kannapolis, NC 28081

Estimated Value: $325,843

3 Beds
2.5 Baths
1,601 Sq Ft
$204/Sq Ft Est. Value

Last Sold January 24, 2024

Last sale price $321,000 $200 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,004/month

Highlights

  • Walk-In Closet
  • Charles E. Boger Elementary School Rated A-
  • 1 Car Garage

About This Home

As of May 2024

One year old new property. Energy efficient home you will get a rebate with the duke on your monthly energy bill. Easy access to 485 and close proximity to all major restaurants. All appliances are included. This property is equipped with smart devices. Small pets are welcome. Hardwood flooring down stairs, carpet in all bedrooms.

Last Agent to Rent the Property

Raghu Kukunoor

Red Bricks Realty LLC Brokerage Email: Raghu.Kukunoor@gmail.com License #332614 Listed on: 03/28/2024

Last Renter's Agent

Samantha Ortiz

Keller Williams Unified License #312184

Keller Williams Unified

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2023

Lot Details

  • 2,178

Parking

  • 1 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Schools

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

Community Details

  • Georgetown Crossing Condos
  • Georgetown Crossing Subdivision

Listing and Financial Details

  • Security Deposit $1,995
  • Property Available on 3/28/24
  • Tenant pays for all utilities
  • 12-Month Minimum Lease Term

Townhouse Details

Home Type

Townhome

Year Built

Built in 2023

Lot Details

0

Parking

1

Rental Info

  • Tenant Pays: All Utilities
  • Furnished: Unfurnished
  • Pets Allowed: Conditional
  • Lease Term: 12 Months
  • Available Date: 2024-03-28
  • Security Deposit: 1995
  • Application Fee: 50

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Townhouse
  • Year Built: 2023
  • Road Surface Type: Paved
  • Unit Levels: Two
  • ResoPropertyType: ResidentialLease
  • Ratio CurrentPrice/TotalPropertyHLA: 1.18
  • Geocode Confidence: High
  • Attribution Contact: Raghu.Kukunoor@gmail.com
  • Special Features: NewHome

Interior Features

  • Entry Level: 1
  • Interior Amenities: Walk-In Closet(s)
  • Main Level Sq Ft: 650
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 951
  • Above Grade Finished Sq Ft: 1601
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1601
  • Bedroom Main: 0

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No

Condo/Co-op/Association

  • Complex Name: Georgetown Crossing
  • Senior Community: No

Schools

  • Middle Or Junior School: Northwest Cabarrus
  • HOA Subject To: Required

Lot Info

  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2023
Closed on
Jan 24, 2024
Sold by
Meritage Hm/The Carolinas Inc
Bought by
Vattam Ramola and Voora Suresh
Seller's Agent
Jimmy McClurg
Meritage Homes of the Carolinas
Buyer's Agent
SRIKANT BODHA
Red Bricks Realty LLC
List Price
$334,780
Sold Price
$321,000
Premium/Discount to List
-$13,780
-4.12%
Views
16
Current Estimated Value
$325,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,843
Avg. Annual Appreciation
0.77%
Original Mortgage
$240,750
Outstanding Balance
$236,537
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$89,306
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vattam Ramola $321,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vattam Ramola $240,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2025 04/24/25 Off Market $2,050 -- --
03/30/2025 03/30/25 For Rent $2,050 +8.2% --
05/12/2024 05/12/24 Rented $1,895 +2.7% --
04/01/2024 04/01/24 Price Changed $1,845 -7.5% $1 / Sq Ft
03/28/2024 03/28/24 For Rent $1,995 -7.2% --
03/27/2024 03/27/24 Rented $2,150 0.0% --
03/27/2024 03/27/24 Off Market $2,150 -- --
01/31/2024 01/31/24 For Rent $2,150 0.0% --
01/24/2024 01/24/24 Sold $321,000 -5.5% $200 / Sq Ft View Prior Sale
12/01/2023 12/01/23 Pending -- -- --
11/09/2023 11/09/23 Price Changed $339,780 +1.5% $212 / Sq Ft
10/31/2023 10/31/23 For Sale $334,780 -- $209 / 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 $3,625 $319,250 $63,000 $256,250
2024 $3,625 $319,250 $63,000 $256,250
2023 -- $58,000 $58,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4123371

Canopy MLS (Canopy Realtor® Association)

APN: 5602-48-2834-0000