0 Cannon Farm Rd, China Grove, NC, 28023

$3,637,800

Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #4054810
StatusAccepting Backup Offers
(Active Under Contract)

About 0 Cannon Farm Rd

Take a look at this beautiful approx 84.6 acres. located only 10 minutes the new Revitalized town of Kannapolis. No city taxes! This property is Phase II & Phase III of Laurel Crest Dev. Phase I has been developed and this property is entered through the current Laurel Crest entrance, The entrance is on Enotchville Rd, Kannapolis but acreage does have some frontage on Cannon Farm Rd. Tax records show Cannon Farm Rd, China Grove. The acreage for sale includes the following. Phase II (244 046) which equals 41 lots ($60,000 per lot) already pinned (total 45.34 acres). The roads are in plus electrical, cable & gas per seller. Roads may need updating. Phase II has not by approved by city. Phase III (244 047 and part of 244 012) which equals open 39.26 acres ($30,000 per acre). 9 acres of 244 012 is not included in acreage for sale. https://www.kannapolis.gov/revitalization on the New Downtown Kannapolis. Conv to I85, Irish Creek Golf Club. and Atrium.

Property Details

Property Features

Listing Office:

  • Office Name: Tucker Real Estate Group Inc

School Info

Assigned Schools Information:

  • South Rowan High School, Public District Grades 9-12
  • Rowan County Early College, Public District Grades 9-12
  • Corriher Lipe Middle School, Public District Grades 6-8
  • Enochville Elementary School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,637,800
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Housing Market Comparison

See how this home compares to others in China Grove, NC.

Med. Sold Price

$290K

Med. Price/SqFt

$202

Avg. Days On Market

71

# of Sold Homes

16

0 Cannon Farm Rd vs China Grove

278 DAYS ON ROCKET

+207 Days

$3,637,800

+$3.3M More

KEY TAKEAWAY

This property is $3.3M more than the Median Sold Price in China Grove, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4054810

Listing Office:

  • Office Name: Tucker Real Estate Group Inc

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Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$18.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.9K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4403410
5
/10
  • Enochville Elementary School

  • 925 N Enochville Ave

  • 1.19 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4403411
2
/10
  • Corriher Lipe Middle School

  • 214 W Rice St

  • 1.91 miles

  • Public District Grades 6-8

High School

school-card-donut-4403412
3
/10
  • South Rowan High School

  • 1655 Patterson St

  • 3.35 miles

  • Public District Grades 9-12

school-card-donut-4403413
6
/10
  • Rowan County Early College

  • 1333 Jake Alexander Blvd S

  • 11.80 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,942. Most China Grove, NC residents have annual incomes between $35k-100k. Most families are married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 0 Cannon Farm Rd

What is the listing price of this property?

The listing price of 0 Cannon Farm Rd property is $3,637,800.

What type of property is this?

The property 0 Cannon Farm Rd is land located in China Grove, North Carolina, 28023.

Is this property for sale now?

Accepting Backup Offers: 0 Cannon Farm Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 0 Cannon Farm Rd are:
Enochville Elementary School: GreatSchools Rating 5/10
Corriher Lipe Middle School: GreatSchools Rating 2/10
South Rowan High School: GreatSchools Rating 3/10
Rowan County Early College: GreatSchools Rating 6/10
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Rocket HomesNorth CarolinaCabarrus CountyChina Grove280230 Cannon Farm Rd

This home is located at 0 Cannon Farm Rd in China Grove, NC and zip code 28023. It has been listed on Rocket Homes since July 28, 2023 and is currently priced at $3,637,800.

In April 2024, from all listings sold in China Grove, NC there were more than 3 sold above asking price, over 10 sold below and more than 3 were sold right at the asked price. The number of homes for sale in China Grove, NC increased by 3.1% between March 2024 and April 2024. Listings spent 71 days on the market in April 2024, and had a median list price of $290,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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