NOT LISTED FOR SALE

525 Laurel Crest Dr Kannapolis, NC 28081

Estimated Value: $602,000 - $733,000

1.48 Acres
$448,208 Price per Acre
64,469 Sq Ft Lot

Last Sold June 03, 2022

Last sale price $59,000

Est. 1,024% increase in value since last sale

Current estimated payment $3,843/month

100 Days on Market

About This Lot

As of June 2022

Looking for that lot to build your dream house on. This is it!! Located in the beautiful secluded neighborhood of Laurel Crest. This neighborhood is located in the highly sought after city of Kannapolis. Less than 10 minutes from the new revitalized downtown Kannapolis area with new shops, restaurants and the Atrium ballpark. Convenient to the NC Research Campus and I-85. Please refer to the Declaration of Protective Covenants, Section 4. Guidelines for specifics on minimum sq ft to build.
Instructions: Showing Service

Last Agent to Sell the Property

Janis Tucker

Tucker Real Estate Group Inc License #198841 Listed on: 02/23/2022

Co-Listed By

Brandon Farabee

Tucker Real Estate Group Inc License #255979

Last Buyer's Agent

Maggie Laskowski

Keller Williams Lake Norman License #302553

Keller Williams Lake Norman

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,743

Lot Details

  • Possible uses of the property include Residential
  • Zoning described as RM-1

HOA Fees

  • $25 Monthly HOA Fees

Utilities

  • Well Required
  • Septic Needed

Community Details

  • Laurel Cress HOA Inc Association, Phone Number (704) 608-4225
  • Laurel Crest Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 244E015 & 244E016

Property Details

Property Type

Land

Est. Annual Taxes

$3,743

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 39864.86
  • Restrictions: Other - See Media/Remarks
  • Road Frontage Type: Paved Road
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Residential

Exterior Features

  • Tax Location: No City Taxes Paid

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Laurel Cress HOA Inc
  • Phone: (704)608-4225
  • ResoAssociationFeeFrequency: Annually

Schools

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

Lot Info

  • Lot Size Area: 1.48
  • Lot Size Units: Acres
  • Parcel Number: 244E015 & 244E016
  • Out Buildings Yn: 0
  • Can Be Subdivided: 0
  • Zoning Description: RM-1

Tax Info

  • RATIO List Price By Tax Amount: 1.96078

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2022
Closed on
Jun 3, 2022
Sold by
Finger Sr Jun R and Finger Jon K
Bought by
Wright Paul and Wright Patricia
Seller's Agent
Janis Tucker
Tucker Real Estate Group Inc
Buyer's Agent
Maggie Laskowski
Keller Williams Lake Norman
List Price
$65,000
Sold Price
$59,000
Premium/Discount to List
-$6,000
-9.23%
Current Estimated Value
$663,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$604,348
Avg. Annual Appreciation
104.17%

Purchase Details

Closed on
Jun 30, 2021
Sold by
Wright and Patricia
Bought by
Wright Paul and Wright Patricia

Purchase Details

Closed on
Aug 30, 2006
Sold by
Johnston Victor A and Johnston Helen
Bought by
Finger David A and Finger Maxine B
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
Wright Paul $59,000 Shepard Law Pllc
Wright Paul -- Shepard Law Pllc
Finger David A -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2022 06/03/22 Sold $59,000 -9.2% --
02/23/2022 02/23/22 For Sale $65,000 -- --
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 $3,743 $567,072 $64,500 $502,572
2024 $3,743 $567,072 $64,500 $502,572
2023 $362 $54,825 $54,825 $0
2022 $244 $33,150 $33,150 $0
2021 $244 $33,150 $33,150 $0
2020 $244 $33,150 $33,150 $0
2019 $244 $33,150 $33,150 $0
2018 $242 $33,150 $33,150 $0
2017 $242 $33,150 $33,150 $0
2016 $239 $33,150 $33,150 $0
2015 $243 $33,150 $33,150 $0
2014 $239 $33,150 $33,150 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3832776

Canopy MLS (Canopy Realtor® Association)

APN: 244-E015