NOT LISTED FOR SALE

0 Linda Ave Unit 3646131 Kannapolis, NC 28081

4.77 Acres
-- Price per Acre
207,781 Sq Ft Lot

Last Sold November 29, 2021

Last sale price $198,900

197 Days on Market

About This Lot

As of November 2021

Approx 4.77 Acres! Zoned Commercial! Endless possibilities! Priced way below tax value! Priced to sell! Flat, Level and wooded. Approx 600 ft of road frontage. Property sits beside Concrete Supply plant and located one street back from 4 lane Hwy 29( Cannon Blvd) Also one street from UPS and grocery shopping. Easy Access. Zoned C-2 per city planning dept, Great for Institutional, civic, educational, church, or medical. Retail, Wholesale etc. Would make a great hardware store or supply store etc. Kannapolis city & Rowan county taxes! just minutes to I85. Zoning can possibly be changed, buyer to verify with planning and zoning! **Adjacent land is also listed for sale, MLS #3695566 North Cannon Blvd, 4.97 acres. Sellers will entertain offers for both parcels, making appeox total of 9.74 acres available for purchase. Parcels would be ideal for commercial, retail or residential use.

Last Agent to Sell the Property

Karen Courtney

RE/MAX Leading Edge License #187699 Listed on: 08/03/2020

RE/MAX Leading Edge

Last Buyer's Agent

Venkat Suryadevara

Sona Realty LLC License #240558

Property Details

Property Type

  • Land

Lot Details

  • Level Lot
  • Wooded Lot
  • Many Trees

Home Design

  • Slab Foundation

Basement

  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 162137

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.66544
  • Ratio Close Price By Original Li: 0.66544
  • Ratio Current Price By Acre: 41698.11
  • Restrictions: Livestock Restriction, Manufactured Home Not Allowed
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Slab

Exterior Features

  • Construction Type: Site Built

Utilities

  • Sewer: City Sewer, Tap Fee Required
  • Water: City Water, Tap Fee Required

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified
  • Middle Or Junior School: Unspecified

Lot Info

  • Lot Features: Level, Trees, Wooded
  • Lot Size Area: 4.770
  • Parcel Number: 162137
  • Zoning Specification: C-2

Tax Info

  • Tax Value: 478101.00
  • Tax Location: Kannapls/row

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Nov 29, 2021
Sold by
Rose Hill Missionary Baptist Church
Bought by
Somo Investments Llc
Seller's Agent
Karen Courtney
RE/MAX Leading Edge
Buyer's Agent
Venkat Suryadevara
Sona Realty LLC
List Price
$298,900
Sold Price
$198,900
Premium/Discount to List
-$100,000
-33.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Outstanding Balance
$357,911
Interest Rate
3.1%

Purchase Details

Closed on
Oct 29, 2003
Sold by
Rea Construction Co
Bought by
Rea Contracting Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Somo Investments Llc $199,000 None Available
Rea Contracting Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Somo Investments Llc $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2021 11/29/21 Sold $198,900 -33.5% --
02/16/2021 02/16/21 Pending -- -- --
08/03/2020 08/03/20 For Sale $298,900 -- --
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,207 $430,291 $430,291 $0
2024 $5,207 $430,291 $430,291 $0
2023 $5,207 $430,291 $430,291 $0
2022 $5,540 $430,291 $430,291 $0
2021 $5,540 $430,291 $430,291 $0
2020 $6,156 $478,101 $478,101 $0
2019 $6,156 $478,101 $478,101 $0
2018 $3,713 $291,641 $291,641 $0
2017 $3,713 $291,641 $291,641 $0
2016 $3,713 $291,641 $291,641 $0
2015 $3,769 $291,641 $291,641 $0
2014 $3,365 $269,207 $269,207 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3646131

Canopy MLS (Canopy Realtor® Association)

APN: 162-137