Listing office: Allen Tate Concord
$374,900 List price
5316 Teakwood Dr Kannapolis, NC 28083
3 beds
2 full, 1 partial
1,765 sqft
$212 / sqft
House
Property details
About 5316 Teakwood Dr
Step into this inviting tri-level home! The heart of the home features a bright open-concept dining and kitchen area, perfect for entertaining and everyday living. The lower level boasts a generously sized living room, complete with a cozy fireplace. A convenient half bath on this level adds to the home's functionality. Upstairs, you'll find three comfortable bedrooms and two full bathrooms! The two front bedrooms share a well-maintained deck providing a perfect spot to enjoy your morning coffee with a view of the front yard. Outside, enjoy a large, level yard - perfect for outdoor activities and gatherings. A spacious deck extends your living space, making it easy to host guest and relax in the fresh air. Plus, three storage buildings offer plenty of room for all your tools, toys, and hobbies. This tri-level home offers a unique layout and a wealth of features, making it a must-see! The Septic was updated in 2023. Partial Electrical update in 2023.
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric, Forced Air, Heat Pump
StatusActive
CoolingCeiling Fan(s), Central Air, Electric, Heat Pump
Size1,765 sqft
BasementYes
Year built1979
ParkingDriveway
MLS #4240983
FireplaceLiving Room
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Dishwasher, Oven, Refrigerator
- Basement: Yes
- Interior: Kitchen Island
- Fireplace: Living Room
- Total Bedroom Count: 3
- Parking: Driveway
- Heating: Central, Electric, Forced Air, Heat Pump
- Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump
- List Price: $374,900
- Price/SqFt: $212
- Annual Tax Amount: $2,338
- Tax Year: 2024
- Year Built: 1979
- Living Area: 1,765 SqFt
- MLS Number: 4240983
- Office Name: Lantern Realty & Development LLC
- Office Email: brentgambrell30@gmail.com
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 27, 2023 | Home Sold | $355,000 |
| Mar 25, 2022 | Home Sold | $351,000 |
| Dec 13, 2021 | Home Sold | $175,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $345,940 | $2,338 |
| 2023 | $203,000 | $1,389 |
| 2022 | $167,760 | $1,389 |
| 2021 | $167,760 | $1,389 |
| 2020 | $167,760 | $1,389 |
| 2019 | $121,660 | $983 |
| 2018 | $121,660 | $934 |
| 2017 | $121,660 | $934 |
History based on county public records data.
Nearby schools
8
Bostian Elementary School
Public District PK-5
2.4 mi
•4245 Old Beatty Ford Rd
8
Jackson Park Elementary School
Public District KG-5
4.2 mi
•1400 Jackson St
4
Forest Park Elementary School
Public District KG-5
4.3 mi
•1333 Forest Park Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $59,889. Typical income of Kannapolis, NC residents is between $35k-100k annually. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
33%
<35k
43%
35k-100k
20%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
29%
Single, No Kids
9%
Single, with Kids
39%
Married, No Kids
23%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
9%
12-17 yrs old
17%
18-34 yrs old
42%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
Hunting
Figure Skating
Pro Wrestling
Where do the neighbors shop?
Academy Sports & Outdoors
Wal-Mart
Dillards
Where do the neighbors go to eat?
Jimmy Johns
Hardee's
Cracker Barrel
What do the neighbors drive?
Chevrolet
Ram
Cadillac
What do the neighbors listen to?
New Country
Classic Country
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5316 Teakwood Dr
The listing price of 5316 Teakwood Dr property is $374,900.
The property 5316 Teakwood Dr is a house located in Kannapolis, North Carolina, 28083.
Active Listing: 5316 Teakwood Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5316 Teakwood Dr are: Bostian Elementary School (GreatSchools Rating 8/10), Jackson Park Elementary School (GreatSchools Rating 8/10), Forest Park Elementary School (GreatSchools Rating 4/10), Concord Lake Steam Academy (GreatSchools Rating 7/10), Concord Middle School (GreatSchools Rating 3/10), Mount Pleasant Middle School (GreatSchools Rating 4/10), Concord High School (GreatSchools Rating 4/10), A. L. Brown High School (GreatSchools Rating 2/10), Jesse Carson High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $2,338 (source: MLS/based on county public records data).
The last sale was on February 27, 2023 for $355,000 (source: MLS/tax record).
The property at 5316 Teakwood Dr has 3 bedrooms and 2 full and 1 half bathrooms.
The property 5316 Teakwood Dr is 1,765 SqFt (source: MLS/tax record).
The year of construction for 5316 Teakwood Dr is 1979.
This home is located at 5316 Teakwood Dr in Kannapolis, NC and zip code 28083. This 1,765 square foot home was built in 1979. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 2, 2025 and is currently priced at $374,900.
Over 12 listings were sold over their listed price in June 2025 in Kannapolis, NC. In the same period over 42 listings were sold below the listed price and 11 listings were sold for the listed price. In June 2025 in Kannapolis, NC there were 2.1% more homes for sale than in May. While the average time on the market in June 2025 was 62 days, the median list price was $307,035.
From Rocket Homes Real Estate and based on county public records data.