NOT LISTED FOR SALE

709 Spencer Ln Kannapolis, NC 28081

Estimated Value: $324,458 - $351,000

3 Beds
2.5 Baths
1,555 Sq Ft
$218/Sq Ft Est. Value

Last Sold October 21, 2020

Last sale price $230,000 $148 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,075/month

2 Days on Market

Highlights

  • Open Floorplan
  • Covered Patio or Porch
  • Walk-In Closet
  • Transitional Architecture
  • 2 Car Attached Garage
  • Community Playground

About This Home

As of October 2020

Great home in the Falls. Master Bedroom downstairs w on suite bathroom featuring double sinks and a walk in shower. Huge walk in closet. Maple cabinets in the kitchen. Premium vinyl flooring in living areas. Loft space on second floor would make a nice office niche or play area. Fenced in backyard big enough to enjoy and small enough not to take alot of maintenance. Community playground equipment. Great location.

Last Agent to Sell the Property

Staci Maher

DM Properties & Associates Brokerage Email: staci@dmaherproperties.com License #223913 Listed on: 09/10/2020

Last Buyer's Agent

Jefferson Davis

ERA Live Moore License #258319

ERA Live Moore

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • 4,791 Sq Ft Lot
  • Fenced

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Insulated Windows
  • Insulated Doors
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet

Schools

  • Woodrow Wilson Elementary School
  • Kannapolis Middle School
  • A.L. Brown High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Entry Slope Less Than 1 Foot
  • Covered Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number 154B018

Community Details

Overview

  • Association Management Solutions Association, Phone Number (803) 831-7023
  • The Falls Subdivision
  • Mandatory home owners association

Recreation

  • Community Playground

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Year Built

Built in 2017

Lot Details

4,791 Sq Ft Lot

HOA Fees

$35 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2017
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 147.91
  • Attribution Contact: staci@dmaherproperties.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Open Floorplan, Pantry, Split Bedroom, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1001
  • 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: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 554
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven
  • Above Grade Finished Sq Ft: 1555
  • Accessibility Features: Entry Slope less than 1 foot
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Insulated Door(s)
  • Living Area: 1555
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1

Exterior Features

  • New Construction: No
  • Roof: Composition, Wood
  • Construction Type: Site Built
  • Fencing: Fenced
  • Waterfront Features: None
  • Construction Type: Vinyl
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Attached Garage, Garage Door Opener, Keypad Entry

Utilities

  • Heating: ENERGY STAR Qualified Equipment, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Playground
  • Association Fee: 425
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Association Management Solutions
  • Phone: 803-831-7023
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Kannapolis
  • HOA Subject To: Required

Lot Info

  • Lot Features: Other - See Remarks
  • Lot Size Units: Acres
  • Parcel Number: 154B018
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES

MLS Schools

  • Elementary School: Woodrow Wilson
  • High School: A.L. Brown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Oct 14, 2020
Sold by
Thompson John Charles and Thompson Carolyn B
Bought by
Cartagena Ricardo
Seller's Agent
Staci Maher
DM Properties & Associates
Buyer's Agent
Jefferson Davis
ERA Live Moore
List Price
$229,900
Sold Price
$230,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$335,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,055
Avg. Annual Appreciation
7.47%
Original Mortgage
$180,000
Outstanding Balance
$159,809
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$179,306

Purchase Details

Listed on
Jul 10, 2019
Closed on
Aug 9, 2019
Sold by
Young Dennis R and Young Juanita E
Bought by
Thompson John Charles and Thompson Carolyn B
Seller's Agent
Greg Martin
MartinGroup Properties Inc
Buyer's Agent
Pam Murray
Brookside Exclusive Properties
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.35%
Original Mortgage
$140,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2017
Sold by
True Homes Llc
Bought by
Young Dennis R and Young Juanita E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,276
Interest Rate
3.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 2017
Sold by
Dependable Development Inc
Bought by
True Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000,000
Interest Rate
4.05%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Cartagena Ricardo $230,000 None Available
Thompson John Charles $200,000 None Available
Young Dennis R $169,500 Independence Title Group Llc
True Homes Llc $29,000 Independence Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cartagena Ricardo $180,000
Previous Owner Thompson John Charles $140,000
Previous Owner Young Dennis R $166,276
Previous Owner True Homes Llc $25,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2020 10/21/20 Sold $230,000 0.0% $148 / Sq Ft
09/13/2020 09/13/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $229,900 +15.0% $148 / Sq Ft
08/09/2019 08/09/19 Sold $200,000 0.0% $122 / Sq Ft View Prior Sale
07/12/2019 07/12/19 Pending -- -- --
07/10/2019 07/10/19 For Sale $200,000 -- $122 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $3,793 $313,490 $42,500 $270,990
2024 $3,793 $313,490 $42,500 $270,990
2023 $3,793 $313,490 $42,500 $270,990
2022 $2,090 $162,314 $34,000 $128,314
2021 $2,090 $162,314 $34,000 $128,314
2020 $2,090 $162,314 $34,000 $128,314
2019 $2,090 $162,314 $34,000 $128,314
2018 $1,888 $148,282 $34,000 $114,282
2017 $368 $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: 3660907

Canopy MLS (Canopy Realtor® Association)

APN: 154-B018

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