NOT LISTED FOR SALE

5220 Brailey Cir Kannapolis, NC 28081

Estimated Value: $295,000 - $322,000

3 Beds
2.5 Baths
1,400 Sq Ft
$218/Sq Ft Est. Value

Last Sold June 26, 2024

Last sale price $304,550 $218 Per Sq Ft

Current estimated payment $1,893/month

Highlights

  • Open Floorplan
  • Traditional Architecture
  • 1 Car Detached Garage
  • Charles E. Boger Elementary School Rated A-
  • Finished Attic
  • Walk-In Closet

About This Home

As of September 2024

Brand new energy-efficient townhome with 3 bedrooms, 2.5 baths, living and dining area, kitchen has island, quartz countertops, EVP flooring on main level, laundry closet upstairs with washer/dryer, split bedroom plan, one car garage, very easy access to I85, restaurants and shopping, walk to the Cabarrus County Schools, $75 application fee per adult, $40.95 Resident Benefit Package,$125 admin fee, Pets are conditional with non-refundable pet fee, $20 per month pet fee, Ready for immediate occupancy!

Last Agent to Rent the Property

Debbie Porth

Carolinas Signature Property Management LLC Brokerage Email: debbie@carolinassignature.com License #232049 Listed on: 07/31/2024

Last Renter's Agent

Debbie Porth

Carolinas Signature Property Management LLC Brokerage Email: debbie@carolinassignature.com License #232049 Listed on: 07/31/2024

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2023

Lot Details

  • 2,178

Parking

  • 1 Car Detached Garage
  • Front Facing Garage

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Storage
  • Carpet

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Washer and Dryer

Attic

  • Pull Down Stairs to Attic
  • Finished Attic

Schools

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

Additional Features

  • Patio
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Security Deposit $1,895
  • Property Available on 7/31/24
  • Tenant pays for all utilities

Community Details

Overview

  • Georgetown Crossing Subdivision

Pet Policy

  • Pet Deposit $300

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
  • Smoking Allowed Yn: 0
  • Lease Term: Multi-Year
  • Available Date: 2024-07-31
  • Pet Deposit: 300
  • Security Deposit: 1895
  • Application Fee: 75

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Townhouse
  • Architectural Style: Traditional
  • Year Built: 2023
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: ResidentialLease
  • Ratio CurrentPrice/TotalPropertyHLA: 1.35
  • Geocode Confidence: High
  • Attribution Contact: debbie@carolinassignature.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Entry Level: 2
  • Fireplace: No
  • Flooring: Carpet, Other - See Remarks
  • Interior Amenities: Attic Finished, Attic Stairs Pulldown, Kitchen Island, Open Floorplan, Split Bedroom, Storage, Walk-In Closet(s)
  • Main Level Sq Ft: 571
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 829
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer/Dryer
  • Above Grade Finished Sq Ft: 1400
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1400
  • Bedroom Main: 0

Exterior Features

  • Roof: Shingle
  • Patio And Porch Features: Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Garage, Garage Faces Front

Utilities

  • Heating: Zoned
  • Sewer: Public Sewer
  • Laundry Features: Laundry Closet, Upper Level
  • Cooling: Central Air, Zoned
  • Water Source: City

Condo/Co-op/Association

  • 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
Feb 15, 2024
Closed on
Jun 24, 2024
Sold by
Meritage Hm/The Carolinas Inc
Bought by
Radhakrishnan Karthikeyan
Seller's Agent
Jimmy McClurg
Meritage Homes of the Carolinas
Buyer's Agent
Vijay Vulli
Noble, LLC
List Price
$324,060
Sold Price
$304,550
Premium/Discount to List
-$19,510
-6.02%
Views
27
Current Estimated Value
$305,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$682
Avg. Annual Appreciation
0.15%
Original Mortgage
$228,412
Outstanding Balance
$225,497
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$79,735
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Radhakrishnan Karthikeyan $305,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Radhakrishnan Karthikeyan $228,412
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2024 09/23/24 Rented $1,895 0.0% --
09/10/2024 09/10/24 Price Changed $1,895 -5.0% $1 / Sq Ft
08/22/2024 08/22/24 Price Changed $1,995 -5.0% $1 / Sq Ft
07/31/2024 07/31/24 For Rent $2,100 0.0% --
06/26/2024 06/26/24 Sold $304,550 0.0% $218 / Sq Ft View Prior Sale
05/20/2024 05/20/24 Pending -- -- --
04/26/2024 04/26/24 Price Changed $304,550 -4.1% $218 / Sq Ft
04/25/2024 04/25/24 Price Changed $317,550 +1.1% $227 / Sq Ft
04/19/2024 04/19/24 Price Changed $314,060 -0.3% $224 / Sq Ft
04/13/2024 04/13/24 Price Changed $315,060 -1.6% $225 / Sq Ft
03/21/2024 03/21/24 Price Changed $320,060 +0.6% $229 / Sq Ft
03/07/2024 03/07/24 Price Changed $318,060 +0.6% $227 / Sq Ft
02/26/2024 02/26/24 Price Changed $316,060 -3.1% $226 / Sq Ft
02/22/2024 02/22/24 Price Changed $326,060 +0.6% $233 / Sq Ft
02/15/2024 02/15/24 For Sale $324,060 -- $231 / 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 $3,530 $310,840 $63,000 $247,840
2024 $3,530 $310,840 $63,000 $247,840
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: 4166847

Canopy MLS (Canopy Realtor® Association)

APN: 5602-38-9728-0000