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1506 Lane Street
1506 Lane Street
$260,471 (our value guesstimate)
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Kannapolis, NC 28083 ▪  (MLS # 3799487)
Built: 1940
3 bed  ▪  1 full bath  ▪  1,512 Sq Ft
Sold for $227,850 on Jan 06, 2022
1506 Lane Street
$260,471 (our value guesstimate)
Kannapolis, NC 28083 ▪  (MLS # 3799487)
Built: 1940
3 bed  ▪  1 full bath  ▪  1,512 Sq Ft
Sold for $227,850 on Jan 06, 2022
SOLD JAN 6, 2022
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SOLD JAN 6, 2022
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SOLD JAN 6, 2022
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SOLD JAN 6, 2022
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$227,850  (sales price)
3 bed  ▪  1 full bath  ▪  1,512 Sq Ft
1506 Lane Street
Kannapolis, NC 28083 (MLS # 3799487)
.17 acres  ▪   Built: 1940
Subdivision: Jackson Park
Kannapolis, NC / 28083

Our Value Guesstimate (from Computer Algorithm): $260,471

Our computer algorithm has estimated that this home would be likely to sell in a range between $221,400 and $299,542.
Sale Details
Sales Price: $227,850
Closed: Jan 6, 2022 (812 days ago)
List Price: $227,850
Sold for: 100% of list price
Cumulative Days on Market: 18
Price/Sq Ft: $151
Remarks - 1506 Lane Street
(from previous listing) Get in on one of the HOTTEST areas in Cabarrus County. Just minutes to downtown Kannapolis, I85 and HWY 29. New LVT flooring, paint, fixtures, trim work and finishing touches throughout this 3 bedroom, 1 bath home. Updated kitchen with new cabinetry and butcher block counter tops. Fully remodeled bath, and a front porch to enjoy the evenings on. Seller is motivated!
General Info - MLS # 3799487
Parking: Driveway
Year Built: 1940
Listing Status: Sold
Property Type: Single Family Home
Location: Kannapolis / Cabarrus County
Lot Size: .17 acres
Neighborhood Info
Subdivision: Jackson Park
Listing History
01/06/2022: MLS Sold for $227,850 (Canopy MLS)
Cumulative Days on Market: 18
More details

County Tax Data
2022 County Tax Assessment: $92,760
Next Cabarrus County Tax Assessment: 2024
2022 Property Taxes: $2,005

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


  More Home Details
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28083 ZIP Code Trends
28083 ZIP Code Trends

OUR RATING: LESS COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28083 is the 53rd most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28083 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

24
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 24 cumulative days on market in the 28083 area. Compare this with the Charlotte metro area median of 17 days on market.

16%
Of Recently Sold Homes
Over Asking Price
16% of previously owned 28083-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28083.

46%
of Available Homes
Are Under Contract
46% of previously owned 28083-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28083 Area Metro Area
1-year -<1% + 3%
2-year + 4% + 2%
5-year +88% +66%
The price per square foot of 28083-area re-sale homes has increased by approximately 88% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $197 per square foot in 28083 over the past 90 days - as compared to $212 for the entire metro area.

24
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 24 cumulative days on market in the 28083 area. Compare this with the Charlotte metro area median of 17 days on market.

15%
Of Recently Sold Homes
Over Asking Price

15% of previously owned 28083-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28083.

Price Per Square Foot Change
Period 28083
Area
Metro
Area
1-year -<1% + 3%
2-year + 4% + 2%
5-year +88% +66%

The price per square foot of 28083-area re-sale homes has increased by approximately 88% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $197 per square foot in 28083 over the past 90 days - as compared to $212 for the entire metro area.

47%
of Available Homes
Are Under Contract

47% of previously owned 28083-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.



Our Value Guesstimate: $260,471

Our computer algorithm has estimated that this home would be likely to sell in a range between $221,400 and $299,542.


Sale Details
Sales Price: $227,850
Closed: Jan 6, 2022 (812 days ago)
List Price: $227,850
Sold for: 100% of list price
Cumulative Days on Market: 18
Price/Sq Ft: $151
Remarks
(from previous listing) Get in on one of the HOTTEST areas in Cabarrus County. Just minutes to downtown Kannapolis, I85 and HWY 29. New LVT flooring, paint, fixtures, trim work and finishing touches throughout this 3 bedroom, 1 bath home. Updated kitchen with new cabinetry and butcher block counter tops. Fully remodeled ...
Continue reading

General Info - MLS 3799487
Parking: Driveway
Year Built: 1940
Listing Status: Sold
Property Type: Single Family Home
Location: Kannapolis / Cabarrus County
Lot Size: .17 acres

Neighborhood Info
Subdivision: Jackson Park
Listing History
01/06/2022: MLS Sold for $227,850 (Canopy MLS)
Cumulative Days on Market: 18
More details



  More Home Details
  Map / Satellite View

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


 



1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents




1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.



CDS Data Share Based on information submitted to the MLS GRID as of 03/28/2024. 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. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2024 Canopy Multiple Listing Services, Inc. All rights reserved.