NOT LISTED FOR SALE

635 Spencer Ln Unit 102 Kannapolis, NC 28081

Estimated Value: $360,524 - $403,000

3 Beds
2.5 Baths
2,369 Sq Ft
$161/Sq Ft Est. Value

Last Sold September 06, 2022

Last sale price $357,000 $151 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,423/month

46 Days on Market

Highlights

  • Open Floorplan
  • Patio
  • Kitchen Island
  • Attached Garage
  • Community Playground
  • Central Heating

About This Home

As of September 2022

Want to be close to downtown Kannapolis? In a home that is 2 years old? Then this is the one you've been waiting for! Built in 2020 by True Homes, this Jasper floorplan offers tons of useable spaceand is a blank canvas for you to make your own! Come in through the front door and you'll notice the open floorplan with great sightlines. The living room is airy and the dining area flows right into the upgraded kitchen with lots of space at the island bar! You don't have to worry about buying a new fridge because this 2 year old Whirlpool conveys! To the right of the kitchen is a large flex space, currently being used as an office but would make a great den or game room. The back door leads out to fenced yard.
The upper floor has 3 bedrooms along with 2 full baths, a loft area and a good size laundry room (washer and dryer stay!). The primary bedroom features an ensuite bath with dual vanities and a large shower, no tub, and a very spacious closet with plenty of space for all your clothes.

Last Agent to Sell the Property

Jim Ryan

Ryan and Ryan Real Estate License #172703 Listed on: 07/22/2022

Last Buyer's Agent

Alison Alston

EXP Realty LLC Ballantyne License #294466

EXP Realty LLC Ballantyne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,421

Year Built

  • Built in 2020

Lot Details

  • Lot Dimensions are 40x117x40x117
  • Fenced

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Window Treatments
  • Vinyl Flooring

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Heating
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 154D007

Community Details

Overview

  • Ams Association
  • The Falls Subdivision
  • Mandatory home owners association

Recreation

  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,421

Year Built

Built in 2020

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2020
  • Ratio Current Price By Acre: 3245454.55
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 150.70
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Kitchen Island, Open Floorplan, Window Treatments
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1084
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 44
  • Sq Ft Unheated Upper: 44
  • Sq Ft Upper: 1285
  • Second Living Quarters Hla: 0
  • Second Living Quarters Sq Ft: 0
  • Porch: Patio
  • Appliances: Cable Prewire, CO Detector, Dishwasher, Disposal, Dryer, Electric Oven, Electric Dryer Hookup, Electric Range, Plumbed For Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 2369
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fence
  • New Construction: No
  • Roof: Shingle
  • Tax Location: Kannapls/row
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 245
  • Parking Features: Attached Garage, Garage - 1 Car

Utilities

  • Heating: Central, Heat Pump
  • Sewer: County Sewer
  • Water Heater: Electric
  • Laundry Features: Upper Level, Laundry Room
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Playground, Walking Trails
  • Association Fee: 425
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: AMS
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 425.00

Lot Info

  • Lot Size Area: 0.11
  • Lot Size Units: Acres
  • Parcel Number: 154D007
  • Lot Size: 40x117x40x117
  • Zoning Description: SFR
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 2.00526

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2024
Sold by
Sfr Jv-Hd Property Llc
Bought by
Sfr Jv-Hd 2024-1 Borrower Llc
Current Estimated Value
$381,131

Purchase Details

Listed on
Jul 22, 2022
Closed on
Sep 6, 2022
Sold by
William Ervine Robert and Scott Kyle
Bought by
Sfr Jv-Hd Property Llc
Seller's Agent
Jim Ryan
Ryan and Ryan Real Estate
Buyer's Agent
Alison Alston
EXP Realty LLC Ballantyne
List Price
$384,900
Sold Price
$357,000
Premium/Discount to List
-$27,900
-7.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.16%

Purchase Details

Closed on
Aug 9, 2021
Sold by
Ervine Robert William and Poole Kyle Scott
Bought by
Ervine Robert William and Poole Kyle Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 17, 2020
Closed on
Aug 14, 2020
Sold by
True Homes Llc
Bought by
Ervine Robert William and Poole Kyle Scott
Seller's Agent
John Seabeck
True Homes LLC
Buyer's Agent
Cindy Ryan
Howard Hanna Allen Tate Concord
List Price
$264,700
Sold Price
$247,500
Premium/Discount to List
-$17,200
-6.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.78%
Original Mortgage
$235,125
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sfr Jv-Hd 2024-1 Borrower Llc -- None Listed On Document
Sfr Jv-Hd Property Llc $357,000 Chicago Title
Ervine Robert William -- None Available
Ervine Robert William $247,500 Independence Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ervine Robert William $236,500
Previous Owner Ervine Robert William $235,125
Closed Sfr Jv-Hd 2024-1 Borrower Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2022 09/06/22 Sold $357,000 -4.8% $151 / Sq Ft
07/31/2022 07/31/22 Price Changed $374,900 -2.6% $158 / Sq Ft
07/22/2022 07/22/22 For Sale $384,900 +55.5% $162 / Sq Ft
08/14/2020 08/14/20 Sold $247,500 -2.8% $107 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
07/13/2020 07/13/20 Price Changed $254,700 -3.8% $110 / Sq Ft
04/17/2020 04/17/20 For Sale $264,700 -- $115 / 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 $4,421 $365,392 $42,500 $322,892
2024 $4,421 $365,392 $42,500 $322,892
2023 $4,421 $365,392 $42,500 $322,892
2022 $2,407 $186,958 $34,000 $152,958
2021 $2,407 $186,958 $34,000 $152,958
2020 $372 $28,900 $28,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3886285

Canopy MLS (Canopy Realtor® Association)

APN: 154-D007