NOT LISTED FOR SALE

8315 Knapp Ct Locust, NC 28097

Estimated Value: $322,851 - $348,000

4 Beds
2.5 Baths
1,776 Sq Ft
$187/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $187,500 $106 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,022/month

96 Days on Market

Highlights

  • Engineered Wood Flooring
  • Attached Garage
  • Gas Log Fireplace
  • Community Pool
  • Storm Doors

About This Home

As of July 2018

First time buyer's got cold feet! Home has appraised and inspections are completed! Tastefully updated 4 bedroom home in Meadowcreek Village. Throughout the main living area and dining room you will find easy to care for engineered wood flooring and tile in the kitchen. The cozy living room has a stone fireplace with electric logs. The kitchen cabinets are a crisp, clean white and the appliances are all stainless steel. A large window in the kitchen overlooks the backyard that has a large stone patio, great for relaxing or entertaining. Upstairs you will find all 4 spacious bedrooms. The upstairs flooring is carpet with the exception of tile in the bathrooms. The 4th bedroom is currently used as a bonus/office. The lot backs up to a creek that is owned by the HOA. The current owners have their trampoline in this area. The HVAC system was upgraded to a dual zone system in 2016. This home qualifies for USDA financing which means a ZERO down payment!

Last Agent to Sell the Property

Deana Petty

Lantern Realty & Development, LLC License #263080 Listed on: 03/16/2018

Lantern Realty & Development, LLC

Last Buyer's Agent

Lanelle Carr

Premier South License #180387

Premier South

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 7,405

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Pull Down Stairs to Attic
  • Storm Doors

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Listing and Financial Details

  • Assessor Parcel Number 5576-26-3548-0000

Community Details

Overview

  • Cedar Management Association

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

HOA Fees

$31 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.98684
  • Ratio Close Price By Original Li: 0.93797
  • Ratio Current Price By Acre: 1102941.18
  • Ratio Current Price By Sq Ft: 105.57
  • Year Built: 2005
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1036
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: Storm Door(s), Storm Window(s)
  • Equipment: Ceiling Fan(s), Cable Prewire, Electric Dryer Hookup, Electric Range, Microwave, Electric Oven
  • Fireplace Description: Gas Logs, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • Interior Amenities: Attic Stairs Pulldown, Pantry
  • Laundry Location: Kitchen
  • Room Count: 2
  • Main Level Sq Ft: 740
  • Total Sq Ft: 1776
  • Sq Ft Unheated Main: 400
  • Sq Ft Unheated Total: 400

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Keypad Entry

Utilities

  • Heating: Central Air, Heat Pump - Heat, Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Sidewalk, Street Lights
  • Association Fee: 375.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Cedar Management
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: 60x115
  • Lot Features: Sloping
  • Parcel Number: 5576-26-3548-0000
  • Zoning Specification: RES

Tax Info

  • Tax Value: 130660.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2018
Closed on
Jul 6, 2018
Sold by
Mccarver Susanne and Mccarver James W
Bought by
Rushing Rachel Tomneka
Seller's Agent
Deana Petty
Lantern Realty & Development, LLC
Buyer's Agent
Lanelle Carr
Premier South
List Price
$190,000
Sold Price
$187,500
Premium/Discount to List
-$2,500
-1.32%
Current Estimated Value
$331,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,213
Avg. Annual Appreciation
7.96%
Original Mortgage
$189,393
Outstanding Balance
$164,137
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$167,576

Purchase Details

Closed on
Sep 3, 2008
Sold by
Hsbc Bank Usa Na
Bought by
Smith Susanne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,870
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2008
Sold by
Newell Karlette L and Newell Michael
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Dec 5, 2005
Sold by
Dan Moser Co Inc
Bought by
Newell Michael and Newell Karlette L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,082
Interest Rate
5.66%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Rushing Rachel Tomneka $187,500 None Available
Smith Susanne E $115,000 None Available
Hsbc Bank Usa Na $132,835 None Available
Newell Michael $150,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rushing Rachel Tomneka $189,393
Previous Owner Smith Susanne E $120,870
Previous Owner Newell Michael $30,082
Previous Owner Newell Michael $120,328
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2018 07/20/18 Sold $187,500 -1.3% $106 / Sq Ft
06/20/2018 06/20/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $190,000 0.0% $107 / Sq Ft
04/23/2018 04/23/18 Price Changed $190,000 -5.0% $107 / Sq Ft
04/22/2018 04/22/18 Pending -- -- --
03/16/2018 03/16/18 For Sale $199,900 -- $113 / 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 $3,038 $305,190 $66,000 $239,190
2024 $3,251 $305,190 $66,000 $239,190
2023 $2,448 $195,330 $40,500 $154,830
2022 $2,434 $194,140 $40,500 $153,640
2021 $2,434 $194,140 $40,500 $153,640
2020 $2,434 $194,140 $40,500 $153,640
2019 $1,706 $133,020 $16,000 $117,020
2018 $1,651 $130,660 $16,000 $114,660
2017 $1,625 $130,660 $16,000 $114,660
2016 $1,625 $128,680 $15,000 $113,680
2015 $1,602 $128,680 $15,000 $113,680
2014 $1,602 $128,680 $15,000 $113,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3369087

Canopy MLS (Canopy Realtor® Association)

APN: 5576-26-3548-0000