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1904 Summit Ridge Lane

1904 Summit Ridge Lane, Kannapolis, NC 28083
Sold Oct 31, 2016
$155,000
$152,192 by Fairway Independent Mortgage C
Mortgage Due Nov 01, 2046
Sold Dec 31, 2002
$159,000
$152,856 by Ryland Mtg Co
Mortgage Due Jan 01, 2033
1904 Summit Ridge Lane has been categorized by the local assessors in Kannapolis, NC as a residential type of property. The building on the property was first built in 2002 and is 22 years old. However, we must point out that the home was most recently renovated and altered in 2014. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1904 Summit Ridge Lane has 2,145 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,090 ft and across the front of the lot is 640 ft. The area measurement of the land has been determined as 11,326 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a mixed used garage for those who require parking. The garage measured 448 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1904 Summit Ridge Lane was last sold in Oct 28, 2016 for $155,000. According to our calculations, that's $72.26 per sqft. Prior to that sales transaction, the property was sold for $159,000 in Dec 30, 2002. Current property owners are expected to pay $2,841 in taxes per year. The property on 1904 Summit Ridge Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $207,400. To break that down further, the land itself was valued at $40,000. While improvements to the property were assessed at a total of $167,400. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2014
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Mixed use
  • Garage Square Area: 448
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 2,090
  • Lot Size Frontage Feet: 640
  • Total Building Area: 2,145
  • Gross Building Area: 2,819
  • Building Area: 2,145
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,145
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WATERSIDE LNDG
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 185 WATERSIDE LANDING

Ownership

  • Current Owner : GORE MARSHALL LEE
  • Current Owner 2: GORE CATHYE W
  • Previous Owner : PARKER CURTIS
  • Previous Owner 2: PARKER SUSIE RUBY
  • Owner Before Previous Owner: THE RYLAND GROUP INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Kannapolis City Schools
  • School Tax School District: 04-ALLEN
  • Census Tract: 040702

Zoning

  • Zoning: RV

Geography

  • Account Number: 111748
  • District: 04
  • Parcel: 5623 64 0225
  • Lot: 185
  • Municipality: KANNAPOLIS
  • Latitude: 35.4824
  • Longitude: -80.5922

    Address

  • Full Address: 1904 Summit Ridge Ln
  • Address - House Number: 1904
  • Address - Street Name: Summit Ridge
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Kannapolis
  • Carrier Code: R014
  • 4-Digit Zip Code: 6283
  • Zip Code: 28083

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,841
  • Tax Rate Code Area: CI04

    Appraisal Valuation

  • Standard Deviation: 0.2114
  • Valuation Date: Oct 26, 2022
  • Confidence Score: 71
  • Final Value: 378,981
  • High Value: 459,106
  • Low Value: 298,857

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $152,192
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Oct 31, 2016
  • First Open Lien Mortgage Loan Amount: $152,192
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2046

    Market Valuation

  • Market Total Value: $207,400
  • Market Land Value: $40,000
  • Market Improvement Value: $167,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $207,400
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $167,400

    Sales

  • Current Sale Contract Date: Oct 28, 2016
  • Current Sale Recording Date: Oct 31, 2016
  • Current Sale Transaction ID: 1858959552
  • Current Sale Price: $155,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 12204-0181
  • Previous Sale Recording Date: Dec 31, 2002
  • Previous Sale Contract Date: Dec 30, 2002
  • Previous Sale Amount: $159,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Oct 31, 2016
  • First Mortgage Loan Amount: $152,192
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: RYLAND MTG CO
  • Previous Mortgage Transaction Date: Dec 31, 2002
  • Previous Mortgage Loan Amount: $152,856
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2033

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Frequently Asked Questions

What neighborhood is 1904 Summit Ridge Lane located in?
The 1904 Summit Ridge Lane is a located in the neighborhood of Waterside Landing in Waterside Landing, Kannapolis.
What is the average sales price for listings in 1904 Summit Ridge Lane?
The average sales price for units in 1904 Summit Ridge Lane is $0 currently.

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