$299,000 - $349,000
RENTED OCT 8, 2024

5513 Worrell Way Kannapolis, NC 28081

3 Beds
3 Baths
1,400 Sq Ft
$225 Price per Sq Ft

Last Sold July 24, 2024

Last sale price $309,950 $221 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,671/month

About This Home

As of July 2024

This brand new, 2 story home features 3 bedrooms, 2.5 bathrooms and over 1400 square feet of living space. It has an open concept living/dining and kitchen area with quartz counters and stainless appliances and half bath on the main level. Primary bedroom upstairs has a walk in closet and private full bath with dual vanity and large shower. 2 secondary bedrooms, full bath and laundry room also upstairs. All appliances are included! Patio at back with storage closet, 1 car garage and long driveway. This home is located in the Georgetown Crossing community off of Kannapolis Pkwy and Hwy 3. Convenient to Kannapolis and minutes to Concord Mills or downtown Concord. Short drive to Charlotte. Rent this home with $1800 deposit and first months rent.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Jul 15, 2024
Sold by
Meritage Homes Of The Carolinas Inc
Bought by
Varadarajan Rishikeshvakula and Sridharan Sandhya
Seller's Agent
Jimmy McClurg
Meritage Homes of the Carolinas
Buyer's Agent
Sridhar Janakiraman
SJ Iyer Realty Inc.
List Price
$309,950
Sold Price
$309,950
Views
13
Current Estimated Value
$314,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,892
Avg. Annual Appreciation
1.82%
Original Mortgage
$247,960
Outstanding Balance
$246,069
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$68,773
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Varadarajan Rishikeshvakula $310,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varadarajan Rishikeshvakula $247,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Rented $1,800 0.0% --
09/12/2024 09/12/24 For Rent $1,800 0.0% --
07/24/2024 07/24/24 Sold $309,950 0.0% $221 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
05/24/2024 05/24/24 For Sale $309,950 -- $221 / Sq Ft

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
2024 $0 $314,420 $63,000 $251,420
2023 -- $58,000 $58,000 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jimmy McClurg

    Meritage Homes of the Carolinas

    (704) 969-0153

    422 in this area

    3,223 Total Sales

    Jimmy McClurg
    Section Image

  • A

    Seller's Agent in 2024

    Andrew Shearer

    Shearer Realty Inc.

    (704) 968-5788

    1 in this area

    62 Total Sales

    Andrew Shearer
    Section Image

  • J

    Seller Co-Listing Agent in 2024

    Jebbie Zulka

    Meritage Homes of the Carolinas

    (704) 302-4446

    196 in this area

    1,098 Total Sales

    Jebbie Zulka
    Section Image
  • Sridhar Janakiraman

    Buyer's Agent in 2024

    Sridhar Janakiraman

    SJ Iyer Realty Inc.

    (704) 839-1265

    6 in this area

    59 Total Sales

    Sridhar Janakiraman
    Section Image
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Map

North Carolina Cabarrus County Kannapolis 28081

5513 Worrell Way, Kannapolis, NC

This home is located at 5513 Worrell Way, Kannapolis, NC 28081 and is currently estimated at $314,842, approximately $224 per square foot. 5513 Worrell Way is a home located in Cabarrus County with nearby schools including Charles E. Boger Elementary School, Northwest Cabarrus Middle School, and Northwest Cabarrus High.

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.

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