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$400,000

Beds
3
Baths
1.5
sq ft
3,183

2517 Lane Street, Kannapolis, NC 28083

2517 Lane Street

Kannapolis, NC 28083

  • 1116 days on market
    • Price drop $19,000↓
This is a Beautiful Brick home. New $13,000 HVAC Rheem unit installed 3/29/2023 It is zoned residential but also has commercial uses available. This is a large home that sits on 2.6 acres. Have your own oasis close to Kannapolis . Within a minute to I85. Perfect location with land. This property is being used for residential use but is zoned OFC and Residential. OI Office institutional. Please call the city of Kannapolis Zoning to check your use. This is being sold for the commercial value and location of the land. Cross listed in Commercial MLS # 3801849

Details

Property type

Single Family Residence

Est. home value

$361,443

Lot size

2.6 acres

Price per sq ft

$126

Year built

1955

HOA

No

Price History

10/26/2024
CanopyMLS

CanopyMLS #3802251

Price change
$400,000
-4.53%
09/19/2024
CanopyMLS

CanopyMLS #3802251

Price change
$419,000
-1.41%
07/05/2024
CanopyMLS

CanopyMLS #3802251

Listed
$425,000

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bank Of America Na

Loan start date

June 2012

Original loan amount

$116,100

Est. remaining balance

$83,550

Interest rate

3.83%

Loan type

New Conventional, 30 year

Seller

Ronnie W Teague and Debra M Teague

Lender

Countrywide Bank Fsb

Loan start date

March 2008

Original loan amount

$118,500

Est. remaining balance

$77,161

Interest rate

5.67%

Loan type

Not Provided, 30 year

Seller

Ronnie W Teague and Debora M Teague

Lender

Wachovia Bank Na

Loan start date

July 2005

Original loan amount

$24,388

Est. remaining balance

$1,337

Interest rate

5.71%

Loan type

Not Provided, 20 year

Seller

Debra M Teague and Ronnie W Teague

Lender

Wachovia Bank Na

Loan start date

July 2003

Original loan amount

$31,500

Est. remaining balance

Not provided

Interest rate

4.25%

Loan type

Credit Line (Revolving), 40 year

Seller

Ronnie W Teague and Debra M Teague

Lender

Central Carolina Bank

Loan start date

September 2002

Original loan amount

$75,000

Est. remaining balance

$34,681

Interest rate

6.43%

Loan type

Not Provided, 30 year

Seller

Ronnie W Teague and Debra M Teague

Lender

First Union National Bank

Loan start date

April 1999

Original loan amount

$45,000

Est. remaining balance

Not provided

Interest rate

7.75%

Loan type

Credit Line (Revolving), 15 year

Seller

Ronnie W Teague and Debra M Teague

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/22/2024 at 6:35 PM

Listing updated: 10/26/2024 at 11:19 AM

Listed by: Donna Montgomery, Century 21 At The University Phone #: (704) 547-0210

MLS: CanopyMLS #3802251

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