NOT LISTED FOR SALE

640 Spencer Ln Unit 143 Kannapolis, NC 28081

Estimated Value: $351,793 - $392,000

3 Beds
2.5 Baths
2,069 Sq Ft
$180/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $235,000 $114 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,363/month

125 Days on Market

Highlights

  • New Construction
  • Attached Garage
  • Garden Bath
  • Open Floorplan
  • Walk-In Closet
  • Kitchen Island

About This Home

As of August 2020

NEW! 3BR/2.5BTH in Kannapolis! Great Features throughout! This NEW home features Large Great Room, formal Dining Area, and Flexible Bonus Room on Main Level! Second Floor Owner's Suite features dual sink vanity, garden tub, and large walk in closet! Great Location, Convenient to Kannapolis, 29 and 85!

Last Agent to Sell the Property

John Seabeck

True Homes LLC License #276700 Listed on: 02/13/2020

Last Buyer's Agent

Khaulia Hughes

Giving Tree Realty License #264052

Giving Tree Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,304

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 4,792

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
  • Garden Bath

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 154D012

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,304

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$35 per month

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.94188
  • Ratio Close Price By Original Li: 0.91262
  • Ratio Current Price By Acre: 2136363.64
  • Ratio Current Price By Sq Ft: 113.58
  • Year Built: 2020
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1128
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: CO Detector, Cable Prewire, Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Electric Oven
  • Flooring: Carpet, Vinyl
  • H O A Management Phone: 803-831-7023
  • Interior Amenities: Garden Tub, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Upper, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 941
  • Total Sq Ft: 2069

Exterior Features

  • Construction: Brick Partial, 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: 154D012
  • 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

Listed on
Feb 13, 2020
Closed on
Aug 7, 2020
Sold by
True Homes Llc
Bought by
Mott Kadeah Sierra and Wallace Alex Glenford
Seller's Agent
John Seabeck
True Homes LLC
Buyer's Agent
Khaulia Hughes
Giving Tree Realty
List Price
$257,500
Sold Price
$235,000
Premium/Discount to List
-$22,500
-8.74%
Current Estimated Value
$371,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,448
Avg. Annual Appreciation
9.22%
Original Mortgage
$230,743
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 19, 2019
Sold by
Dependable Development Inc
Bought by
True Homes Llc
Source: Public Records

Range of Values:

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Average Value
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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
Mott Kadeah Sierra $235,000 Independence Title Group Llc
True Homes Llc $148,000 Independence Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mott Kadeah Sierra $230,743
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $235,000 -5.8% $114 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
06/11/2020 06/11/20 Price Changed $249,500 -3.1% $121 / Sq Ft
03/30/2020 03/30/20 For Sale $257,500 0.0% $124 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $257,500 -- $124 / 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 $4,304 $355,669 $42,500 $313,169
2024 $4,304 $355,669 $42,500 $313,169
2023 $4,304 $355,669 $42,500 $313,169
2022 $2,350 $182,556 $34,000 $148,556
2021 $2,350 $182,556 $34,000 $148,556
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: CAR3589907

Canopy MLS (Canopy Realtor® Association)

APN: 154-D012