1510 Lane Street

1510 Lane Street

$120,000 (sales price - Dec, 2024)

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Kannapolis, NC 28083 ▪ (MLS # 4180134)

Primary on Main ▪ $119/Sq Ft

2 bed ▪ 1 full bath ▪ 1,010 Sq Ft

Built: 1950

1510 Lane Street

$120,000 (sales price - Dec, 2024)

Kannapolis, NC 28083 ▪ (MLS # 4180134)

Primary on Main

2 bed ▪ 1 full bath ▪ 1,010 Sq Ft

Built: 1950

SOLD DEC 19, 2024

See all 21 photos

$120,000

(sales price)

2 bed ▪ 1 full bath ▪ 1,010 Sq Ft

1510 Lane Street

Kannapolis, NC 28083 (MLS # 4180134)

.22 acres ▪ Built: 1950 ▪ Primary Bedroom on Main

Subdivision: Jackson Park

Kannapolis, NC / 28083

Sale Details

Sales Price: $120,000
Closed: Dec 19, 2024 (32 days ago)
List Price: $142,000

Sold for: 85% of list price
Cumulative Days on Market: 20
Price/Sq Ft: $119

Remarks - 1510 Lane Street

(from previous listing) Welcome to this inviting ranch-style home on Lane Street, a prime opportunity for both residential and commercial use. This property is dually zoned as RES/O-I, providing excellent flexibility for a variety of uses. Featuring a shared driveway and conveniently located, this vacant home is ready for its new owner. The adjacent property is also available for sale, and the owners are open to selling both homes as a package deal, making this an exceptional investment opportunity. Don't miss your ...
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General Info - MLS # 4180134

Master / Primary Bedroom: Main floor
Parking: Driveway, Shared Driveway
Year Built: 1950
Property Type: Single Family Home
Listing Status: Sold
Location: Kannapolis / Cabarrus County
Lot Size: .22 acres

Neighborhood Info

Subdivision: Jackson Park

Listing History

12/19/2024: MLS Sold for $120,000 (Canopy MLS)
Cumulative Days on Market: 20
More details

County Tax Data

2022 County Tax Assessment: $78,850
Next Cabarrus County Tax Assessment: 2024
2022 Property Taxes: $1,080

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28083 ZIP Code Trends

OUR RATING: VERY COMPETITIVE

#30

most competitive out of 65 ZIP Codes

In our ZIP Code Analysis (updated daily), we found that 28083 is the 30th most competitive area for buyers out of 65 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:

30
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 30 cumulative days on market in the 28083 area. Compare this with the Charlotte metro area median of 26 days on market.

16%
Of Recently Sold Homes
Over Asking Price

16% of previously owned 28083-area homes sold over the asking price (versus 17% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28083.

30%
of Available Homes
Are Under Contract

30% of previously owned 28083-area homes are under contract – compared with 31% of all homes in the Charlotte metro area.

28083 Median Home Prices

$254k

Median Single Family Price*

*Based on the last previous 90 days of home sales in the Canopy MLS. Previously owned homes only.

Price Per Square Foot Change
Period	28083 Area	Metro Area

1-year	Steady	+<1%
3-year	+10%	+ 10%
5-year	+71%	+62%
7-year	+124%	+84%

The price per square foot of 28083-area re-sale homes has increased by approximately 71% over the past 5 years (versus a 62% increase for the entire Charlotte metro area). Homes have been selling at a median of $202 per square foot in 28083 over the past 90 days - as compared to $214 for the entire metro area. The numbers cited are based on the price per heated square foot for single family, townhomes, and condos combined.

32
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 32 cumulative days on market in the 28083 area. Compare this with the Charlotte metro area median of 26 days on market.

15%
Of Recently Sold Homes
Over Asking Price

15% of previously owned 28083-area homes sold over the asking price (versus 17% 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	Steady	+<1%
3-year	+10%	+ 10%
5-year	+71%	+62%
7-year	+124%	+84%

30%
of Available Homes
Are Under Contract

30% of previously owned 28083-area homes are under contract – compared with 31% of all homes in the Charlotte metro area.

Sale Details

Sales Price: $120,000
Closed: Dec 19, 2024 (32 days ago)
List Price: $142,000
Sold for: 85% of list price
Cumulative Days on Market: 20
Price/Sq Ft: $119

Remarks

General Info - MLS 4180134