NOT LISTED FOR SALE

1001 Lee Ave Kannapolis, NC 28081

Estimated Value: $278,000 - $338,000

3 Beds
2 Baths
1,368 Sq Ft
$232/Sq Ft Est. Value

Last Sold March 20, 2023

Last sale price $285,000 $208 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,925/month

3 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Laundry Room
  • Four Sided Brick Exterior Elevation
  • Ceiling Fan

About This Home

As of March 2023

Location, location, location! Do you want to live in a fully renovated home with the benefit of living in an established neighborhood? This is the home for you! Just one mile from the revitalized Downtown Kannapolis happenings! This full brick bungalow style home has a charming front porch, fenced in backyard, and shed for keeping outdoor equipment covered. Professional measurements and photos to be uploaded soon. Showings will begin 2/4/23!

Last Agent to Sell the Property

Kelly Vanderburg

Thrive Realty Group LLC License #326116 Listed on: 02/08/2023

Last Buyer's Agent

Rebekah Taylor

Call It Closed International Inc License #329504

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 0.28 Acre Lot
  • Property is zoned R4

Parking

  • Driveway

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 56135434710000

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0.28 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1941
  • Road Surface Type: Gravel
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 208.33
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1368
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 50
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 50
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Oven, Electric Water Heater
  • Above Grade Finished Sq Ft: 1368
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1368
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 0
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Main Level
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 56135434710000
  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 12196
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R4

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Mar 20, 2023
Sold by
Furr Christopher Dale and Furr Amanda Hinson
Bought by
Baxley Parker and Dorton Abigail Rose
Seller's Agent
Kelly Vanderburg
Thrive Realty Group LLC
Buyer's Agent
Rebekah Taylor
Call It Closed International Inc
List Price
$285,000
Sold Price
$285,000
Views
31
Current Estimated Value
$316,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,946
Avg. Annual Appreciation
3.60%
Original Mortgage
$254,375
Outstanding Balance
$244,630
Interest Rate
5%
Mortgage Type
FHA
Estimated Equity
$72,316

Purchase Details

Listed on
Aug 31, 2022
Closed on
Sep 30, 2022
Sold by
Mcfaddin Daniel and Mcfaddin Madelyn
Bought by
Furr Chris Dale and Furr Amanda Hinson
Seller's Agent
Madison Robinson
Lantern Realty & Development, LLC
Buyer's Agent
Kelly Vanderburg
Thrive Realty Group LLC
List Price
$160,000
Sold Price
$160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
250.80%

Purchase Details

Closed on
Sep 25, 2018
Sold by
Purvis Eric L and Purvis Kristie K
Bought by
Mcfaddin Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,003
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 12, 2007
Sold by
Kiser Flay Steven and Kiser Rosemary Yates
Bought by
Purvis Eric L and Purvis Kristie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Baxley Parker $285,000 --
Furr Chris Dale $160,000 Investors Title
Mcfaddin Daniel $55,000 None Available
Purvis Eric L $73,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baxley Parker $254,375
Previous Owner Mcfaddin Daniel $54,003
Previous Owner Purvis Eric L $58,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2023 03/20/23 Sold $285,000 0.0% $208 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $285,000 +78.1% $208 / Sq Ft
10/03/2022 10/03/22 Sold $160,000 0.0% $123 / Sq Ft View Prior Sale
08/31/2022 08/31/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $160,000 -- $123 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $3,098 $272,840 $68,900 $203,940
2024 $3,098 $272,840 $68,900 $203,940
2023 $1,750 $127,750 $41,600 $86,150
2022 $1,585 $115,660 $41,600 $74,060
2021 $1,585 $115,660 $41,600 $74,060
2020 $1,585 $115,660 $41,600 $74,060
2019 $1,227 $89,570 $26,600 $62,970
2018 $1,209 $89,570 $26,600 $62,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3934756

Canopy MLS (Canopy Realtor® Association)

APN: 5613-54-3472-0000

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