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1502 Burning Lantern Ln

Kannapolis, NC 28081

4 bd 3 ba 2,458 sqft Built 1993 Lot 10,019 sqft single_family
Most recent sale
$415,000
Feb 28, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 12, 2023 Listing removed CanopyMLS
Feb 28, 2023 Sold $415,000 Public Record
Feb 7, 2023 Listing removed $424,000 CanopyMLS
Dec 5, 2022 Price changed $424,000 CanopyMLS
Nov 1, 2022 Price changed $430,000 CanopyMLS
Oct 13, 2022 Listed $440,000 CanopyMLS
Feb 9, 2021 Sold $282,000 CanopyMLS
Oct 6, 2016 Sold $220,000 Public Record
Mar 1, 1999 Sold $166,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $325,200 $85,000 $410,200 $4,657
2023 $182,030 $50,000 $232,030 $3,178
2022 $182,030 $50,000 $232,030 $3,178
2021 $178,810 $50,000 $228,810 $3,134
2020 $178,810 $50,000 $228,810 $3,134
2019 $154,070 $35,000 $189,070 $2,590
2018 $154,070 $35,000 $189,070 $2,552
2017 $154,070 $35,000 $189,070 $2,514
2016 $154,070 $35,000 $189,070 $2,514
2015 $160,420 $40,000 $200,420 $2,665
2014 $160,420 $40,000 $200,420 $2,605
2013 $159,370 $40,000 $199,370 $2,512
2012 $159,370 $40,000 $199,370 $2,512
2010 $170,500 $40,000 $210,500 $2,357
2009 $170,500 $40,000 $210,500 $2,357
2008 $170,500 $40,000 $210,500 $2,357
2007 $149,860 $30,000 $179,860 $2,027

Property facts

Year built
1993
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,458 sqft
Lot size
10,019 sqft
ZIP code
28081
City
Kannapolis
Street
Burning Lantern Ln
Coordinates
35.46066, -80.63979

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,318
Gross rental yield
9.59%
Implied cap rate
6.24%
Trend-extrapolated value

Frequently asked questions

When did 1502 Burning Lantern Ln last sell?
1502 Burning Lantern Ln most recently sold on Feb 28, 2023 for $415,000.
What is the current tax assessment for 1502 Burning Lantern Ln?
The most recent total assessment for 1502 Burning Lantern Ln (year 2025) is $410,200 with $4,657 in property tax.
How does 1502 Burning Lantern Ln's assessment compare to its last sale price?
The current assessment is 1.2% below the last sale price of $415,000.
When was 1502 Burning Lantern Ln built?
1502 Burning Lantern Ln was built in 1993.
How does 1502 Burning Lantern Ln compare to others on Burning Lantern Ln?
We track 5 other properties on Burning Lantern Ln. Browse the list under "Other properties on Burning Lantern Ln" to compare beds, baths, and sale history.
What are the property facts for 1502 Burning Lantern Ln?
1502 Burning Lantern Ln is a 4 bed, 3 bath, 2,458 sqft, 10,019 sqft lot single_family.
Is 1502 Burning Lantern Ln a flip candidate?
No — 1502 Burning Lantern Ln does not appear in our flips dataset.
Is 1502 Burning Lantern Ln a tax-appeal candidate?
No — 1502 Burning Lantern Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.9%
Implied 1-yr
+3.7%
2026 Q3
$299.4K
2026 Q4
$302.1K
ZIP 28081 — Median Price History + Forecast

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