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5840 Pittmon Ln #3, Kannapolis, NC, 28081

3beds
2baths
1,788sqft
$424,500
$237price/sqft
$2,781/moest. monthly cost
$111,240/yrincome needed

About This Home

You probably do not want this house. No giant yard to mow, no builder-grade finishes, no low ceilings. If that sounds like a problem, keep scrolling. Still here? Good. THE LOCATION: Downtown Kannapolis is not down the road, it is right there. The ballpark, the brewery, the Loop Greenway, the parks, all of it at your door. A brand-new dog park is going in next door. Best seat in the house. We apologize for the inconvenience. THE LIFESTYLE: HOA at $133/month covers lawn care and landscaping. Someone else mows. Someone else lays the pine needles. You just own the house. If you were looking forward to Saturday mornings in the heat with a weed eater, this is going to disappoint you. THE HOME: Open-concept main floor with tall ceilings, premium LVP, crown molding, quartz countertops, large island, subway tile backsplash, soft-close cabinetry, and stainless appliances. Primary suite on the main floor — walk-in closet, double vanity, marble-tile shower. Sorry about all the nice things. THE SECOND FLOOR: Two bedrooms, full bath, laundry, and a cozy loft nook at the top of the stairs. Nowhere near zero bonus space. We know that is not what you wanted. THE GARAGE: Over 1,000 sq ft of basement-level garage. 2-car + tandem parking potential + 2 driveway spaces off Pittmon Lane. Home gym, golf simulator, workshop.. all of it fits. Deeply inconvenient if you have no hobbies. THE DEAL: 0% down, 0 PMI, and $10,000 in forgivable credits through our preferred lender for qualified buyers. Seller adding $5,000 toward closing costs... or a golf cart, because apparently getting to the ballpark without a car payment was not already enough.

Getting Around

37
WalkingCar-Dependent
24
TransitMinimal Transit
31
BikeSomewhat Bikeable

Schools

3/10
Gw Carver ElementaryGrades K-50.8 mi
1/10
Kannapolis MiddleGrades 6-82.1 mi
2/10
A. L. Brown High SchoolGrades 9-120.8 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2024

Materials

  • Construction materials: Brick Partial,Hardboard Siding

Other

  • Builder model: The Meadow
  • Builder name: New Life Developers LLC

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Tankless Water Heater
  • Laundry features: In Hall,Inside,Upper Level

Basement

  • Has basement: Yes
  • Basement: Basement Garage Door,Exterior Entry,Full,Interior Entry,Partially Finished,Storage Space,Walk-Out Access

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Upper

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 1

Features

  • Kitchen Island,Open Floorplan,Storage,Walk-In Closet(s)
  • Flooring: Carpet,Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 1,788

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,788
  • Total interior livable area: 1,788 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Upper

Living Room

  • Level: Main

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 56134920740000
  • Zoning: CC-CZ
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Front Porch
  • Exterior features: Lawn Maintenance
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 0.05 Acres
  • Features: Steep Slope
  • Lot size dimensions: 30 x 63

Parking

  • Total spaces: 4
  • Parking features: Basement,Driveway,Attached Garage,Garage Door Opener,Garage Faces Rear,Parking Space(s)
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Ice Storm

FEMA Declared Disasters in Cabarrus County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,146$25,752
Home Insurance *$174$2,088
Property Taxes $261$3,132
Electricity $200$2,405
Total$2,781$33,372
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$95,348/yr
40% on housing$83,430/yr
45% on housing$74,160/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$237This listing

vs Other Active Listings

Avg $/sqft

ZIP 28081$144
Cabarrus County$176

vs Homes Sold Last Month

Median $/sqft

ZIP 28081$194
Cabarrus County$199

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-01Listed for sale$425,000

New Construction

AgentShelly Stein
BrokerageRedwood Realty Group LLC

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