NOT LISTED FOR SALE

514 Laurel Crest Dr Kannapolis, NC 28081

Estimated Value: $647,851 - $690,000

3 Beds
3.5 Baths
3,316 Sq Ft
$202/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $650,000 $196 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,861/month

18 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Attached Garage
  • Attic Fan
  • Cul-De-Sac
  • Shed
  • Forced Air Heating and Cooling System

About This Home

As of August 2024

This beautiful 3-bedroom, 3.5-bathroom home sits on a generous 1.17-acre lot in a desirable neighborhood, perfectly situated on a peaceful cul-de-sac. The home exudes charm and warmth, starting with the inviting large front porch, perfect for enjoying your morning coffee or chatting with neighbors. Step inside to find a spacious, well-designed layout with the primary bedroom conveniently located on the main floor, offering ease and privacy. The family room features a cozy gas fireplace, creating a welcoming atmosphere for gatherings and relaxation. Offering additional flexible space on both floors that can be customized to suit your needs, whether you envision an office, craft room, playroom, or more—the possibilities are endless. Enjoy the outdoors from the comfort of the screened-in back porch, a perfect spot for unwinding while keeping bugs at bay. The open floor plan seamlessly connects the kitchen, dining, and living areas, making it ideal for entertaining and everyday living.

Last Agent to Sell the Property

Brenda Bradford

Lantern Realty & Development LLC Brokerage Email: brendabradford704@gmail.com License #298775 Listed on: 07/10/2024

Last Buyer's Agent

Deana Petty

Lantern Realty & Development, LLC License #263080

Lantern Realty & Development, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,501

Year Built

  • Built in 2008

Lot Details

  • Cul-De-Sac
  • Property is zoned RM1:MULT

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • 4 Open Parking Spaces

Home Design

  • Traditional Architecture
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • Crawl Space
  • Attic Fan

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • Yolanda Association
  • Laurel Crest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 244E017

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,501

Year Built

Built in 2008

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2008
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 196.02
  • Geocode Confidence: High
  • Attribution Contact: brendabradford704@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2159
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 306
  • Sq Ft Unheated Upper: 306
  • Sq Ft Upper: 1157
  • Appliances: Dishwasher, Exhaust Fan, Gas Cooktop, Microwave, Refrigerator, Wall Oven
  • Above Grade Finished Sq Ft: 3316
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Log
  • Living Area: 3316
  • Bedroom Main: 1
  • Room Count: 10

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Hardboard Siding
  • Other Structures: Shed(s)

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Forced Air, Natural Gas, Sealed Combustion Fireplace
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room
  • Cooling: Attic Fan, Central Air
  • Utilities: Gas
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Association Name: Yolanda
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 400.00

Schools

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

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Area: 1.17
  • Lot Size Units: Acres
  • Parcel Number: 244E017
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RM1:MULT

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Aug 30, 2024
Sold by
Russell Steven Douglas and Russell Tonia Flynt
Bought by
Nicodemus Todd David and Compton Nicodemus Amy
Seller's Agent
Brenda Bradford
Lantern Realty & Development LLC
Buyer's Agent
Deana Petty
Lantern Realty & Development, LLC
List Price
$699,999
Sold Price
$650,000
Premium/Discount to List
-$49,999
-7.14%
Views
26
Current Estimated Value
$668,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,963
Avg. Annual Appreciation
2.55%
Original Mortgage
$650,000
Outstanding Balance
$643,099
Interest Rate
6.77%
Mortgage Type
VA
Estimated Equity
$25,864

Purchase Details

Closed on
Jul 26, 2017
Sold by
Angelo Santomauro
Bought by
Russell Steven and Russell Tonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
3.96%

Purchase Details

Closed on
Dec 11, 2012
Sold by
Russell Horace D and Russell Patricia Ann
Bought by
East Texas National Bank and Fbo Steven Douglas Russell

Purchase Details

Closed on
Oct 8, 2007
Sold by
Russell Steven D and Russell Tonia F
Bought by
Russell Horace D and Russell Patricia Ann
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
Nicodemus Todd David $650,000 None Listed On Document
Russell Steven -- --
East Texas National Bank -- None Available
Russell Horace D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicodemus Todd David $650,000
Previous Owner Russell Steven $40,000
Previous Owner Russell Steven --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $650,000 -3.0% $196 / Sq Ft
07/24/2024 07/24/24 Price Changed $670,000 -4.3% $202 / Sq Ft
07/10/2024 07/10/24 For Sale $699,999 -- $211 / 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 $3,501 $530,453 $43,000 $487,453
2024 $3,501 $530,453 $43,000 $487,453
2023 $3,501 $530,453 $43,000 $487,453
2022 $2,812 $381,291 $39,000 $342,291
2021 $2,812 $381,291 $39,000 $342,291
2020 $2,812 $381,291 $39,000 $342,291
2019 $2,812 $381,291 $39,000 $342,291
2018 $2,518 $344,253 $39,000 $305,253
2017 $2,518 $344,253 $39,000 $305,253
2016 $2,484 $344,253 $39,000 $305,253
2015 $2,523 $344,253 $39,000 $305,253
2014 $2,455 $341,025 $39,000 $302,025
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4156382

Canopy MLS (Canopy Realtor® Association)

APN: 244-E017