Seller's Agent in 2023
Ivonne Erion
Lantern Realty & Development, LLC
(704) 796-3530
8 in this area
78 Total Sales
534 Falls Ln Kannapolis, NC 28081
Estimated Value: $355,000 - $427,000
3
Beds
2.5
Baths
2,300
Sq Ft
$169/Sq Ft
Est. Value
Highlights
- Open Floorplan
- 1 Car Attached Garage
- Community Playground
- Covered Patio or Porch
- Walk-In Closet
- Laundry Room
About This Home
As of June 2023Like new! Beautiful 3BD/2.5 BTH. In the kitchen you'll find stainless steel appliances, backsplash and granite countertops. Backyard has an extended concrete area and pergola. Just a few minutes from bustling downtown Kannapolis, and convenient to 29, 85 and 485 Highways. This house sits in 'The Falls' Community.
Features an open concept for entertaining family and friends. Large room, dining area, bonus room in main level. The upper floor has 3 bedrooms along with 2 full bathrooms, a loft area and a good-sized laundry room. The master bathroom features double sink vanities, tub and huge walk-in closet. Recently painted in 2022.
The curtains rods, tv mounting brackets and security cameras do not convey.
Last Agent to Sell the Property
Lantern Realty & Development, LLC License #289340 Listed on: 02/21/2023
Home Details
Home Type
- Single Family
Year Built
- Built in 2020
Lot Details
- 4,792
HOA Fees
- $35 Monthly HOA Fees
Parking
- 1 Car Attached Garage
Home Design
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Open Floorplan
Kitchen
- Microwave
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Laundry on upper level
Utilities
- Central Air
- Heat Pump System
Additional Features
- Covered Patio or Porch
- Property is zoned RV, R-V
Listing and Financial Details
- Assessor Parcel Number 154D031
Community Details
Overview
- Association Management Solution Association
- The Falls Subdivision
- Mandatory home owners association
Recreation
- Community Playground
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 21, 2023
Closed on
Jun 15, 2023
Sold by
Malagon Daniel Arteaga and Malagon Liset Reyes
Bought by
Young Stephen Alexander and Young Genevieve
Seller's Agent
Ivonne Erion
Lantern Realty & Development, LLC
Buyer's Agent
Steven Mosher
RE/MAX Executive
List Price
$380,000
Sold Price
$370,000
Premium/Discount to List
-$10,000
-2.63%
Views
47
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,886
Avg. Annual Appreciation
1.86%
Original Mortgage
$363,298
Outstanding Balance
$353,196
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$35,500
Purchase Details
Closed on
May 5, 2020
Sold by
True Homes Llc
Bought by
Malagon Daniel Arteaga and Sanchez Liset Reyes
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,930
Interest Rate
3.6%
Mortgage Type
FHA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Young Stephen Alexander | $370,000 | None Listed On Document | |
| Malagon Daniel Arteaga | $220,000 | Independence Title Group Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Young Stephen Alexander | $363,298 | |
| Previous Owner | Malagon Daniel Arteaga | $215,930 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/15/2023 06/15/23 | Sold | $370,000 | 0.0% | $161 / Sq Ft |
| 04/04/2023 04/04/23 | Price Changed | $370,000 | -2.6% | $161 / Sq Ft |
| 02/21/2023 02/21/23 | For Sale | $380,000 | -- | $165 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
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 | $4,424 | $365,607 | $42,500 | $323,107 |
| 2024 | $4,424 | $365,607 | $42,500 | $323,107 |
| 2023 | $4,424 | $365,607 | $42,500 | $323,107 |
| 2022 | $2,411 | $187,278 | $34,000 | $153,278 |
| 2021 | $2,411 | $187,278 | $34,000 | $153,278 |
| 2020 | $372 | $28,900 | $28,900 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ivonne Erion
-
Mariana Erion
Seller Co-Listing Agent in 2023
Mariana Erion
Lantern Realty & Development, LLC
(704) 796-8426
2 in this area
5 Total Sales
-
Steven Mosher
Buyer's Agent in 2023
Steven Mosher
RE/MAX Executives Charlotte, NC
(704) 737-7221
1 in this area
58 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4003108
APN: 154-D031
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Based on information submitted to the MLS GRID
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