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1318 Washington Lane

1318 Washington Lane, Kannapolis, NC 28083
Property in Washington Lane
Sold Sep 27, 2022
$215,000
$208,550 by Fairway Independent Mortgage C
Mortgage Due Oct 01, 2052
Sold Jul 30, 2020
$80,000
$83,000 by First Horizon Bank
Mortgage Due Aug 01, 2050
Local assessors in Kannapolis, NC have categorized 1318 Washington Lane as a residential type of property. The home was built in 1952 and is 72 years old. It was most recently renovated and altered in 2013. The property's lot size has been calculated to be 11,250 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 750 ft. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1318 Washington Lane has a total of 1,539 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 360 sqft. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heat pump is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1318 Washington Lane sold most recently in Sep 27, 2022 for a total of $215,000. If you work out the math, that's approximately a cost of $139.70 per sqft. Before that, the property was also sold for $80,000 in Jul 30, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,521 in taxes each year. 1318 Washington Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $208,312. If we break it down further, the land itself was valued at $30,000. Improvements to the property, however, were assessed at a total of $178,312. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 2013
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C+
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 828
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,250
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,539
  • Building Area: 1,539
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,539
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WASHINGTON LANE
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L22

Ownership

  • Current Owner : CHRISTY JOHN MICHAEL
  • Previous Owner : MICHAEL PATRICK DEVIN
  • Previous Owner 2: BLEVINS ASHLEY
  • Owner Before Previous Owner: LIVING LARGE MINISTRIES
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Kannapolis City Schools
  • School Tax School District: CITY OF KANNAPO
  • Census Tract: 051400

Zoning

  • Zoning: RM2:MULTI

Geography

  • District: 13
  • Parcel: 158 048
  • Municipality: CITY OF KANNAPOLIS
  • Latitude: 35.5102
  • Longitude: -80.5934

    Address

  • Full Address: 1318 Washington Ln
  • Address - House Number: 1318
  • Address - Street Name: Washington
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Kannapolis
  • Carrier Code: C002
  • 4-Digit Zip Code: 3056
  • Zip Code: 28083

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,521
  • Tax Rate Code Area: 121:KANNAP

    Appraisal Valuation

  • Standard Deviation: 0.3541
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 29
  • Final Value: 348,637
  • High Value: 472,093
  • Low Value: 225,180

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $208,550
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Sep 27, 2022
  • First Open Lien Mortgage Loan Amount: $208,550
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2052

    Market Valuation

  • Market Total Value: $208,312
  • Market Land Value: $30,000
  • Market Improvement Value: $178,312

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $208,312
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $178,312

    Sales

  • Current Sale Contract Date: Sep 27, 2022
  • Current Sale Recording Date: Sep 27, 2022
  • Current Sale Transaction ID: 11896389624
  • Current Sale Price: $215,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 30, 2020
  • Previous Sale Contract Date: Jul 30, 2020
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Sep 27, 2022
  • First Mortgage Loan Amount: $208,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FIRST HORIZON BANK
  • Previous Mortgage Transaction Date: Jul 30, 2020
  • Previous Mortgage Loan Amount: $83,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2050

About Washington Lane



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Frequently Asked Questions

What neighborhood is 1318 Washington Lane located in?
The 1318 Washington Lane is a located in the neighborhood of Washington Lane in Washington Lane, Kannapolis.
What is the average sales price for listings in 1318 Washington Lane?
The average sales price for units in 1318 Washington Lane is $0 currently.

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