NOT LISTED FOR SALE

845 Lantern Way Kannapolis, NC 28081

Estimated Value: $390,257 - $417,000

4 Beds
3 Baths
1,956 Sq Ft
$205/Sq Ft Est. Value

Last Sold February 10, 2022

Last sale price $360,900 $185 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,507/month

3 Days on Market

About This Home

As of February 2022

Welcome Home to an incredible opportunity in Lantern Green! Rare find, 1956sqft home featuring 4 bedrooms and 2 bathrooms. Immaculately maintained and recently updated rooms. 2 Car attached garage and outdoor living space. Community Amenities include a community pool and tennis courts. Vietnam Veteran Park, Carolina Thread Hiking & biking Trail & Atrium Stadium & the much improved downtown Kannapolis are close by. 3 miles (6 minutes) to I85 and a short drive to Charlotte. Convenient to so many attractions and a great neighborhood. Don't miss out!

Last Agent to Sell the Property

Brock VanScoter

Team Thomas & Associates Realty Inc. License #296809 Listed on: 12/31/2021

Last Buyer's Agent

Scott Brewer

Bestway Realty License #156150

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,126

Year Built

  • 1997

Lot Details

  • 8,276

HOA Fees

  • $36 per month

Utilities

  • Natural Gas Water Heater

Community Details

  • Mandatory Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,126

Year Built

1997

Lot Details

0

HOA Fees

$36 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Directions: Turn off of Oakwood Avenue onto Lantern Way. Home on the right.
  • New Construction: No
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • Subdivision Name: Foxhunt
  • Ratio Current Price By Acre: 1804500.00
  • Restrictions: Architectural Review,Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Special Features: None
  • Year Built: 1997

Interior Features

  • Appliances: Ceiling Fan(s), Dishwasher, Electric Oven, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 841
  • 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: 1115

Exterior Features

  • Roof: Shingle
  • Foundation Details: Slab
  • Construction Type: Vinyl Siding
  • Waterfront Features: None
  • Tax Location: Kannapls/cab
  • Construction Type: Site Built

Garage/Parking

  • Parking Features: Garage - 2 Car
  • Main Level Garage YN: 1
  • Sq Ft Garage: 475

Utilities

  • Heating: Gas Hot Air Furnace, Heat Pump, Heat Pump
  • Laundry Features: Main Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Association Fee: 435
  • Association Fee Frequency: Annually
  • Association Name: MM Management of LKN
  • Phone: 7044300727
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Winecoff
  • High School: Northwest Cabarrus
  • Middle Or Junior School: Northwest Cabarrus
  • HOA Subject To: Required

Lot Info

  • Zoning Description: RM-2

Tax Info

  • RATIO List Price By Tax Amount: 1.64915

Multi Family

  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2021
Closed on
Feb 10, 2022
Sold by
Doyle Ian M and Doyle Sara M
Bought by
Howard Yvonne D
Seller's Agent
Brock VanScoter
Team Thomas & Associates Realty Inc.
Buyer's Agent
Scott Brewer
Bestway Realty
List Price
$349,950
Sold Price
$360,900
Premium/Discount to List
$10,950
3.13%
Current Estimated Value
$401,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,414
Avg. Annual Appreciation
2.93%
Original Mortgage
$324,810
Outstanding Balance
$301,647
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$99,667

Purchase Details

Closed on
Apr 19, 2017
Sold by
Doyle Joseph J and Doyle Aleyda M
Bought by
Doyle Ian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
4.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1997
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
Howard Yvonne D $361,000 Ferguson Hayes Hawkins & Demay
Doyle Ian $172,500 None Available
-- $141,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howard Yvonne D $324,810
Previous Owner Doyle Ian $172,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2022 02/10/22 Sold $360,900 +3.1% $185 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
12/31/2021 12/31/21 For Sale $349,950 -- $179 / 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 $4,126 $363,330 $85,000 $278,330
2024 $4,126 $363,330 $85,000 $278,330
2023 $2,944 $214,890 $48,000 $166,890
2022 $2,907 $212,200 $48,000 $164,200
2021 $2,907 $212,200 $48,000 $164,200
2020 $2,907 $212,200 $48,000 $164,200
2019 $2,240 $163,480 $31,000 $132,480
2018 $2,207 $163,480 $31,000 $132,480
2017 $2,174 $163,480 $31,000 $132,480
2016 $2,174 $152,710 $30,000 $122,710
2015 $1,924 $152,710 $30,000 $122,710
2014 $1,924 $152,710 $30,000 $122,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3816914

Canopy MLS (Canopy Realtor® Association)

APN: 5612-25-5842-0000