NOT LISTED FOR SALE

705 Washington Ln Kannapolis, NC 28083

Estimated Value: $268,000 - $292,000

2 Beds
2 Baths
1,343 Sq Ft
$212/Sq Ft Est. Value

Last Sold December 16, 2021

Last sale price $237,500 $177 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,785/month

26 Days on Market

Highlights

  • Ranch Style House
  • Fireplace
  • Level Lot
  • Jackson Park Elementary School Rated 9+
  • Tile Flooring

About This Home

As of December 2021

Lovely home with vinyl siding located on 3 lots totaling .61 acres with a detached garage. This home has been well maintained and offers plenty of room to relax and rock on the front porch or entertain on the large back deck. Large back yard great for pets or gardening…just use your imagination. This home is wonderful just the way it is, but also has so much potential to make it your own. Sitting/office area could be enclosed to create a small 3rd bedroom and the kitchen is perfect for a beautiful island. Minutes to downtown Kannapolis and restaurants, West Ave Streetscape, brewery, boutiques, the Atrium Health Ballpark and more. Don’t miss this opportunity to make this adorable home yours!

Last Agent to Sell the Property

Lisa McMillion

NorthGroup Real Estate LLC License #87919 Listed on: 10/22/2021

NorthGroup Real Estate LLC

Last Buyer's Agent

Michael Diniz

EXP Realty LLC Mooresville License #111722

EXP Realty LLC Mooresville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • Level Lot

Parking

  • 1

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Crawl Space

Flooring

  • Laminate
  • Tile

Listing and Financial Details

  • Assessor Parcel Number 158 093

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.96939
  • Ratio Close Price By Original Li: 0.83333
  • Ratio Current Price By Acre: 389344.26
  • Ratio Current Price By Sq Ft: 176.84
  • Year Built: 1994
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Disposal, Electric Dryer Hookup, Exhaust Fan, Ice Maker Connection, Microwave
  • Fireplace Description: Den
  • Fireplace: Yes
  • Flooring: Laminate Wood, Tile
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1343
  • Total Sq Ft: 1343

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 1 Car, Parking Space - 3

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified
  • Middle Or Junior School: Unspecified

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.610
  • Parcel Number: 158 093
  • Zoning Specification: RM-2

Tax Info

  • Tax Value: 130827.00
  • Tax Location: Kannapls/row

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Dec 14, 2021
Sold by
Chapman Kay Michael
Bought by
Palmer Marcus L and Palmer Alisa
Seller's Agent
Lisa McMillion
NorthGroup Real Estate LLC
Buyer's Agent
Michael Diniz
EXP Realty LLC Mooresville
List Price
$285,000
Sold Price
$237,500
Premium/Discount to List
-$47,500
-16.67%
Current Estimated Value
$284,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,860
Avg. Annual Appreciation
5.06%
Original Mortgage
$237,500
Outstanding Balance
$220,615
Interest Rate
3.09%
Mortgage Type
VA
Estimated Equity
$63,646

Purchase Details

Closed on
Aug 1, 2006
Sold by
Farmer Aaron B
Bought by
Farmer Crystal B
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
Palmer Marcus L $237,500 None Available
Farmer Crystal B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Marcus L $237,500
Previous Owner Chapman Kay Michael $98,137
Previous Owner Chapman Kay Michael $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2021 12/16/21 Sold $237,500 -3.1% $177 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/12/2021 11/12/21 Price Changed $245,000 -10.9% $182 / Sq Ft
10/26/2021 10/26/21 Price Changed $275,000 -3.5% $205 / Sq Ft
10/22/2021 10/22/21 For Sale $285,000 -- $212 / 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
2024 $2,572 $212,548 $60,000 $152,548
2023 $2,572 $212,548 $60,000 $152,548
2022 $1,684 $130,827 $50,000 $80,827
2021 $1,684 $130,827 $50,000 $80,827
2020 $1,684 $130,827 $50,000 $80,827
2019 $1,684 $130,827 $50,000 $80,827
2018 $1,374 $107,925 $39,329 $68,596
2017 $1,374 $107,925 $39,329 $68,596
2016 $1,374 $107,925 $39,329 $68,596
2015 $1,395 $107,925 $39,329 $68,596
2014 $1,344 $107,497 $34,323 $73,174
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3798659

Canopy MLS (Canopy Realtor® Association)

APN: 158-093