NOT LISTED FOR SALE

841 Lantern Way Kannapolis, NC 28081

Estimated Value: $403,349 - $447,000

4 Beds
2.5 Baths
2,259 Sq Ft
$190/Sq Ft Est. Value

Last Sold May 28, 2019

Last sale price $245,000 $108 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,687/month

1 Day on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Community Pool
  • Northwest Cabarrus High Rated A-
  • Wood Flooring
  • Tennis Courts

About This Home

As of May 2019

This attractive, immaculately kept home is rich with desirable upgrades and features. Located in verdant Lantern Green, the neighborhood offers a pool, and tennis courts. The home is tastefully decorated with wood floors throughout the main level, granite counters and fully equipped stainless kitchen, breakfast bar, two story foyer, fireplace with gas logs in the open great room, and a huge 12' x 23'8" deck, overlooking the private backyard. 4 bedrooms and 2 1/2 baths, allow lots of room for a growing family! Convenient, desirable location.

Last Agent to Sell the Property

Elizabeth Bean

Bean Realty Group LLC License #194744 Listed on: 04/10/2019

Co-Listed By

Rob Bean

Bean Realty Group LLC License #271367

Last Buyer's Agent

Joseph Hartsell

Keller Williams South Park License #278282

Keller Williams South Park

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 9,148

HOA Fees

  • $36 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Insulated Windows
  • Storm Doors
  • Breakfast Bar

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5612-25-5897-0000

Community Details

Overview

  • Focus Management Association, Phone Number (704) 494-0400
  • Built by Centex

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

HOA Fees

$36 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.98000
  • Ratio Close Price By Original Li: 0.98000
  • Ratio Current Price By Acre: 1166666.67
  • Ratio Current Price By Sq Ft: 108.46
  • Year Built: 1997
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1242
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows, Storm Door(s)
  • Equipment: Ceiling Fan(s), CO Detector, Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Network Ready, Refrigerator, Self Cleaning Oven, Security System, Electric Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • H O A Management Phone: 704-494-0400
  • Interior Amenities: Breakfast Bar, Cable Available, Garden Tub, Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1017
  • Total Sq Ft: 2259

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Tennis Court(s)
  • Association Fee: 435.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Focus Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Winecoff
  • Middle School: Northwest Cabarrus
  • High School: Northwest Cabarrus

Lot Info

  • Lot Dimension: 64 x 127
  • Lot Features: Sloping
  • Lot Size Area: 0.210
  • Parcel Number: 5612-25-5897-0000
  • Zoning Specification: RM-2

Building Info

  • Builder Name: Centex

Tax Info

  • Tax Value: 184630.00
  • Tax Location: Kannapls/cab

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2019
Closed on
May 28, 2019
Sold by
Lipsey Jack H and Lipsey Lindsey S
Bought by
Morgan Nathan
Seller's Agent
Elizabeth Bean
Bean Realty Group LLC
Buyer's Agent
Joseph Hartsell
Keller Williams South Park
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Current Estimated Value
$428,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,837
Avg. Annual Appreciation
9.17%
Original Mortgage
$250,267
Outstanding Balance
$220,046
Interest Rate
4.1%
Mortgage Type
VA
Estimated Equity
$208,791

Purchase Details

Closed on
Aug 8, 2013
Sold by
Tapp James Manroe and Tapp Melissa
Bought by
Lipsey Jack H and Lipsey Lindsey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,459
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 2007
Sold by
Colton Lisa Jean
Bought by
Tapp Ii James Monroe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,985
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 1998
Sold by
Centex International Inc
Bought by
Colton Lisa Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,745
Interest Rate
7.14%
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
Morgan Nathan $245,000 Executive Title Llc
Lipsey Jack H $190,000 None Available
Tapp Ii James Monroe $200,000 None Available
Colton Lisa Jean $157,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Nathan $250,267
Previous Owner Lipsey Jack H $186,459
Previous Owner Tapp Ii James Monroe $29,985
Previous Owner Tapp Ii James Monroe $159,920
Previous Owner Colton Lisa Jean $133,745
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2019 05/28/19 Sold $245,000 -2.0% $108 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $250,000 -- $111 / 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 $4,523 $398,340 $85,000 $313,340
2024 $4,523 $398,340 $85,000 $313,340
2023 $3,399 $248,130 $48,000 $200,130
2022 $3,399 $248,130 $48,000 $200,130
2021 $3,399 $248,130 $48,000 $200,130
2020 $3,399 $248,130 $48,000 $200,130
2019 $2,529 $184,630 $31,000 $153,630
2018 $2,493 $184,630 $31,000 $153,630
2017 $2,456 $184,630 $31,000 $153,630
2016 $2,456 $169,630 $30,000 $139,630
2015 $2,085 $169,630 $30,000 $139,630
2014 $2,085 $169,630 $30,000 $139,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3495040

Canopy MLS (Canopy Realtor® Association)

APN: 5612-25-5897-0000