NOT LISTED FOR SALE

720 Fraternity Row Unit 87 Kannapolis, NC 28081

Estimated Value: $298,000 - $351,000

3 Beds
2.5 Baths
1,591 Sq Ft
$201/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $326,000 $205 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,962/month

9 Days on Market

Highlights

  • Under Construction
  • Attached Garage
  • Carpet
  • Open Floorplan
  • Walk-In Closet

About This Home

As of September 2021

NEW 3BR/2.5BTH in Kannapolis! Convenient to local outdoor activities and Concord! Open concept main floor with nicely appointed kitchen, eat in nook, and great room! Second floor owner's retreat features spacious walk in and en suite!

Last Agent to Sell the Property

Adam Martin

TLS Realty LLC License #244120 Listed on: 08/11/2021

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 6,098

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Insulated Windows

Flooring

  • Carpet
  • Vinyl

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 154F012

Home Details

Home Type

Single Family

Year Built

Built in 2021 | Under Construction

Lot Details

6,098 Sq Ft Lot

HOA Fees

$35 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 2328571.43
  • Ratio Current Price By Sq Ft: 204.90
  • Year Built: 2021
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 967
  • 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 Range, Ice Maker Connection, Microwave
  • Flooring: Carpet, Vinyl
  • H O A Management Phone: 803-831-7023
  • Interior Amenities: Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Upper, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 624
  • Total Sq Ft: 1591

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 2 Car
  • Sq Ft Garage: 375

Utilities

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

  • Middle Or Junior School: Unspecified

Lot Info

  • Lot Features: Cul-de-sac Lot
  • Parcel Number: 154F012
  • Zoning Specification: RC

Building Info

  • Builder Name: True Homes

Tax Info

  • Tax Value: 28900.00
  • Tax Location: Kannapls/row

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
$319,560

Purchase Details

Listed on
Aug 11, 2021
Closed on
Sep 30, 2021
Sold by
True Homes Llc
Bought by
Sfr Jv Hd Property Llc
Seller's Agent
Adam Martin
TLS Realty LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$326,000
Sold Price
$326,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.45%

Purchase Details

Closed on
Feb 3, 2021
Sold by
Dependable Development Inc
Bought by
True Homes Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sfr Jv-Hd 2024-1 Borrower Llc -- None Listed On Document
Sfr Jv Hd Property Llc $326,000 Independence Title Company
True Homes Llc $103,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sfr Jv-Hd 2024-1 Borrower Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $326,000 0.0% $205 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $326,000 -- $205 / 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 $3,163 $261,417 $42,500 $218,917
2024 $3,163 $261,417 $42,500 $218,917
2023 $3,163 $261,417 $42,500 $218,917
2022 $1,745 $135,561 $34,000 $101,561
2021 $372 $28,900 $28,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Adam Martin

    Seller's Agent in 2021

    Adam Martin

    TLS Realty LLC

    (704) 312-8669

    35 in this area

    1,658 Total Sales

    Adam Martin
    Section Image

  • N

    Buyer's Agent in 2021

    Non Member

    NC_CanopyMLS

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3770883

Canopy MLS (Canopy Realtor® Association)

APN: 154-F012

North Carolina Rowan County Kannapolis 28081

720 Fraternity Row Unit 87, Kannapolis, NC

Not Listed for Sale

Detached

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Canopy MLS (Canopy Realtor® Association) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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