NOT LISTED FOR SALE

5542 Randolph Rd Kannapolis, NC 28081

Estimated Value: $383,000 - $415,000

4 Beds
2 Baths
2,172 Sq Ft
$185/Sq Ft Est. Value

Last Sold March 24, 2017

Last sale price $192,500 $89 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,286/month

33 Days on Market

Highlights

  • Den with Fireplace
  • Ranch Style House
  • Level Lot
  • Charles E. Boger Elementary School Rated A-
  • Attached Garage

About This Home

As of March 2017

Great location on this 1 story Vinyl Exterior home. Home has been rehabbed with New Carpet, Vinyl Flooring Interior Paint, Kitchen Cabinets, Counter Tops and Appliances. Home has a nice fenced in rear yard and 2 car garage. The interior of the home has 4bedrooms and 2 full bathrooms. The 4th bedroom can be used as bonus room or bedroom. Bedrooms 2 & 3 do not have a egress windows, but Bedroom 2 has an exterior wall for a window. Home is located close to Mooresville Hwy and I-85 for easy commute.

Last Agent to Sell the Property

Andrew Ferraro

Tucker Real Estate Group Inc License #168332 Listed on: 01/08/2017

Last Buyer's Agent

Kelly Clark

The Clark Group Real Estate Services LLC License #162429

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • Level Lot

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Wood Burning Fireplace
  • Den with Fireplace
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 5603-18-8981-0000

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.97964
  • Ratio Close Price By Original Li: 0.97964
  • Ratio Current Price By Acre: 534722.22
  • Ratio Current Price By Sq Ft: 88.63
  • Year Built: 1992
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Electric Dryer Hookup
  • Fireplace Description: Den, Wood Burning
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 2172
  • Total Sq Ft: 2172

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 100x155
  • Lot Features: Level
  • Parcel Number: 5603-18-8981-0000
  • Zoning: Residential
  • Zoning Specification: LDR

Tax Info

  • Tax Value: 175370.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2017
Closed on
Mar 10, 2017
Sold by
Fannie Mae
Bought by
Schoolaman Joseph Carroll
Seller's Agent
Andrew Ferraro
Tucker Real Estate Group Inc
Buyer's Agent
Kelly Clark
The Clark Group Real Estate Services LLC
List Price
$196,500
Sold Price
$192,500
Premium/Discount to List
-$4,000
-2.04%
Current Estimated Value
$400,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,250
Avg. Annual Appreciation
8.89%
Original Mortgage
$177,500
Outstanding Balance
$147,193
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$253,557

Purchase Details

Closed on
Aug 30, 2016
Sold by
Substitute Trustee Services Inc
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Apr 22, 2002
Sold by
Bank Of New York
Bought by
Demarcus Lon Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.89%

Purchase Details

Closed on
Jan 29, 2002
Sold by
Ennis Robert Wayne and Berryman Maylene S
Bought by
Bank Of New York

Purchase Details

Closed on
Mar 1, 1994
Bought by
Ennis Robert Wayne
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
Schoolaman Joseph Carroll -- None Available
Federal National Mortgage Association -- None Available
Demarcus Lon Mark $113,500 --
Bank Of New York $132,880 --
Ennis Robert Wayne $97,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schoolaman Joseph Carroll $177,500
Previous Owner Demarcus Lon Mark $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2017 03/24/17 Sold $192,500 -2.0% $89 / Sq Ft
02/10/2017 02/10/17 Pending -- -- --
01/08/2017 01/08/17 For Sale $196,500 -- $90 / 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 $2,214 $327,510 $75,000 $252,510
2024 $2,214 $327,510 $75,000 $252,510
2023 $1,641 $195,320 $35,000 $160,320
2022 $1,641 $195,320 $35,000 $160,320
2021 $1,641 $195,320 $35,000 $160,320
2020 $1,641 $195,320 $35,000 $160,320
2019 $1,485 $176,790 $27,000 $149,790
2018 $1,450 $176,790 $27,000 $149,790
2017 $1,379 $176,790 $27,000 $149,790
2016 -- $171,050 $30,000 $141,050
2015 $1,253 $171,050 $30,000 $141,050
2014 $1,253 $171,050 $30,000 $141,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3241110

Canopy MLS (Canopy Realtor® Association)

APN: 5603-18-8981-0000