$247,500
SOLD AUG 14, 2020

635 Spencer Ln Unit 102 Kannapolis, NC 28081

3 Beds
2.5 Baths
2,309 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$107 Per Sq Ft

6% Below List Price

94 Days on Market

Highlights

  • Under Construction
  • Attached Garage
  • Kitchen Island
  • Open Floorplan
  • Walk-In Closet
  • Vinyl Flooring

About This Home

As of September 2022

NEW! 3BR/2.5BTH in Kannapolis! 5 Minutes from the newly renovated Downtown Kannapolis, convenient to 29, 85, and 485, and 1 mile away from Bakers Creek Park. This home sits in our Falls community which includes a large community garden, neighborhood playground and walking trails throughout. This home features a spacious Great Room, formal Dining Area, and Flexible Bonus Room on Main Level for extra entertaining or playing space! Second Floor Master Suite features a dual sink vanity and large walk in closet!

Last Agent to Sell the Property

John Seabeck

True Homes LLC License #276700 Listed on: 04/17/2020

Last Buyer's Agent

Cindy Ryan

Howard Hanna Allen Tate Concord License #268320

Howard Hanna Allen Tate Concord

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,421

Year Built

  • Built in 2020 | Under Construction

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Insulated Windows
  • Vinyl Flooring
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet

Community Details

  • Association Management Solutions, Inc Association, Phone Number (803) 831-7023
  • Built by True Homes

Listing and Financial Details

  • Assessor Parcel Number 154D007

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,421

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$35 per month

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 0.97173
  • Ratio Close Price By Original Li: 0.93502
  • Ratio Current Price By Acre: 2250000.00
  • Ratio Current Price By Sq Ft: 107.19
  • Year Built: 2020
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1254
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, CO Detector, Dishwasher, Disposal, Electric Dryer Hookup, Electric Oven, Electric Range, Exhaust Hood, Ice Maker Connection
  • Flooring: Carpet, Vinyl
  • H O A Management Phone: 803-831-7023
  • Interior Amenities: Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Upper, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1055
  • Total Sq Ft: 2309

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 1 Car

Utilities

  • Heating: Central Air, Electric Hot Air, Heat Pump - Heat
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 425.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Association Management Solutions, inc
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Size Area: 0.110
  • Parcel Number: 154D007
  • Zoning Specification: RC-CZ

Building Info

  • Builder Name: True Homes

Tax Info

  • Tax Location: Kannapls/row

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:

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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 Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Warranty Deed $357,000 Chicago Title
Interfamily Deed Transfer -- None Available
Warranty Deed $247,500 Independence Title Group Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $236,500 New Conventional
Previous Owner $235,125 New Conventional
Closed $0 Purchase Money Mortgage
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

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3611178

Canopy MLS (Canopy Realtor® Association)

APN: 154-D007