NOT LISTED FOR SALE

5243 Brailey Cir Kannapolis, NC 28081

Estimated Value: $286,000 - $327,000

3 Beds
2.5 Baths
1,400 Sq Ft
$217/Sq Ft Est. Value

Sale Details

Date Sold: June 27, 2024

Last sale price $306,000 $219 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,601 / mo

Highlights

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

About This Home

As of August 2024

A brand new, energy-efficient 2-story townhome is now available in Georgetown Crossing! The first floor includes a 1-car front-load garage, backyard, kitchen, living room, and half bath. Upstairs, you’ll find the master bedroom, two additional bedrooms, a full bathroom, and laundry facilities. The kitchen features white cabinets, quartz countertops, stainless steel appliances, and a tile backsplash. Conveniently located off Kannapolis Parkway near Hwy 73 and I-85, as well as Rowan-Cabarrus Community College and Afton Ridge for shopping and dining.

Water and electricity are the tenant's responsibility. HOA fees will be covered by the owner. The rent includes a washer, dryer, and refrigerator. Every tenant over 18 years old will require a credit/background check, proof of funds, and an application fee.

Last Agent to Rent the Property

Raghu Kukunoor

Red Bricks Realty LLC Brokerage Email: Raghu.Kukunoor@gmail.com License #332614 Listed on: 07/04/2024

Last Renter's Agent

Non Member

Canopy Administration

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2024

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 $1,945
  • Property Available on 7/4/24
  • Tenant pays for all utilities
  • 12-Month Minimum Lease Term

Townhouse Details

Home Type

Townhome

Year Built

Built in 2024

Lot Details

2,178 Sq Ft Lot

Parking

1

Rental Info

  • Tenant Pays: All Utilities
  • Furnished: Unfurnished
  • Pets Allowed: Conditional
  • Smoking Allowed Yn: 0
  • Lease Term: 12 Months
  • Available Date: 2024-07-04
  • Security Deposit: 1945
  • Application Fee: 50

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Townhouse
  • Year Built: 2024
  • Road Surface Type: Paved
  • Unit Levels: Two
  • ResoPropertyType: ResidentialLease
  • Ratio CurrentPrice/TotalPropertyHLA: 1.39
  • Geocode Confidence: High
  • Attribution Contact: Raghu.Kukunoor@gmail.com
  • Special Features: NewHome

Interior Features

  • Entry Level: 1
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s)
  • Main Level Sq Ft: 571
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 829
  • Above Grade Finished Sq Ft: 1400
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1400
  • 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
Apr 2, 2024
Closed on
Jun 27, 2024
Sold by
Meritage Hm/The Carolinas Inc
Bought by
Mohanraj Sriram and Rengarajan Ramya
Seller's Agent
Jimmy McClurg
Meritage Homes of the Carolinas
Buyer's Agent
Sudhakar Meenige
Sudhakar Homes
List Price
$332,460
Sold Price
$306,000
Premium/Discount to List
-$26,460
-7.96%
Views
26
Current Estimated Value
$303,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,601
Avg. Annual Appreciation
-0.47%
Original Mortgage
$229,500
Outstanding Balance
$226,775
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$76,624
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
Mohanraj Sriram $306,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohanraj Sriram $229,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2024 08/27/24 Rented $1,945 0.0% --
07/04/2024 07/04/24 For Rent $1,945 0.0% --
06/27/2024 06/27/24 Sold $306,000 0.0% $219 / Sq Ft View Prior Sale
05/17/2024 05/17/24 Pending -- -- --
05/07/2024 05/07/24 Off Market $306,000 -- --
04/02/2024 04/02/24 For Sale $332,460 -- $237 / Sq Ft
Source: Canopy MLS

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 -- $312,010 $63,000 $249,010
2024 $51 $312,010 $63,000 $249,010
2023 -- $58,000 $58,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Raghu Kukunoor

    Landlord's Agent in 2024

    Raghu Kukunoor

    Red Bricks Realty LLC

    (980) 300-1514

    4 in this area

    182 Total Sales

    Raghu Kukunoor
    Section Image

  • J

    Seller's Agent in 2024

    Jimmy McClurg

    Meritage Homes of the Carolinas

    (704) 969-0153

    384 in this area

    3,310 Total Sales

    Jimmy McClurg
    Section Image

  • J

    Seller Co-Listing Agent in 2024

    Jebbie Zulka

    Meritage Homes of the Carolinas

    (704) 302-4446

    205 in this area

    1,688 Total Sales

    Jebbie Zulka
    Section Image

  • N

    Tenant's Agent in 2024

    Non Member

    NC_CanopyMLS

  • S

    Buyer's Agent in 2024

    Sudhakar Meenige

    Sudhakar Homes

    (704) 706-5174

    9 in this area

    220 Total Sales

    Sudhakar Meenige
    Section Image
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Map

Source: Canopy MLS

MLS Number: 4157980

Canopy MLS

APN: 5602-48-0604-0000

North Carolina Cabarrus County Kannapolis 28081

5243 Brailey Cir, Kannapolis, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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