1003 Michigan St Kannapolis, NC 28083
2
Beds
2
Baths
1,126
Sq Ft
0.34
Acres
Highlights
- Solar Power System
- 2 Car Detached Garage
- Shed
- Covered patio or porch
- Laundry Room
- 1-Story Property
About This Home
As of January 2025INVESTORS WELCOME! NOW $219,900. HUGE PRICE REDUTION FOR QUICK SALE!!
This price-improved home in the Royal Oaks District is an excellent starter home or investment property. Featuring 2 bedrooms, 2 full bathrooms, and a 2-car metal garage with electricity, it’s perfect for car enthusiasts or a workshop. The large kitchen has ample cabinet space, great for meal prep, and the dining room is great for entertaining. A 3-year-old heat pump powered by natural gas provides efficient heating and cooling, while solar panels help reduce electricity costs. The home is connected to City of Kannapolis water and sewer services. Conveniently located near shopping, dining, and the Atrium Ballpark, this property offers both comfort and accessibility. The home is being sold as-is, presenting an excellent opportunity for buyers looking to add their own touches. Don’t miss out on this great deal!
Last Agent to Sell the Property
Lantern Realty & Development, LLC Brokerage Email: lynnettegearing.realtor@gmail.com License #306394 Listed on: 10/12/2024
Last Buyer's Agent
Non Member
Canopy Administration
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,263
Year Built
- Built in 1937
Lot Details
- Lot Dimensions are 75x197
- Property is zoned RV, R-8A
Parking
- 2 Car Detached Garage
- Driveway
Home Design
- Metal Roof
Interior Spaces
- 1,126 Sq Ft Home
- 1-Story Property
- Wired For Data
- Self Contained Fireplace Unit Or Insert
- Living Room with Fireplace
- Crawl Space
- Pull Down Stairs to Attic
- Laundry Room
Kitchen
- Electric Range
- Range Hood
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Eco-Friendly Details
- Solar Power System
Outdoor Features
- Covered patio or porch
- Shed
Schools
- Royal Oaks Elementary School
- Concord Middle School
- Concord High School
Utilities
- Heat Pump System
- Electric Water Heater
- Cable TV Available
Community Details
- Royal Oaks Subdivision
Listing and Financial Details
- Assessor Parcel Number 5622-17-7253-0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 12, 2024
Closed on
Jan 31, 2025
Sold by
Vogel Terry L and Vogel Myrna M
Bought by
Investment Partners Llc
Seller's Agent
Lynnette Gearing
Lantern Realty & Development, LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$219,900
Sold Price
$156,000
Premium/Discount to List
-$63,900
-29.06%
Views
79
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,881
Avg. Annual Appreciation
47.12%
Original Mortgage
$189,000
Interest Rate
6.91%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 1, 2019
Sold by
Simclair John Fredrick and Simclair Faith J
Bought by
Vogel Terry L and Vogel Myrna M
Purchase Details
Closed on
Aug 27, 2008
Sold by
Sinclair Pamela D and Barbee Pamela L
Bought by
Sinclair John Fredrick
Purchase Details
Closed on
Dec 29, 2000
Sold by
Cagle Donald R and Cagle Dianne H
Bought by
Barbee Pamela L and Sinclair John Fredrick
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,150
Interest Rate
7.72%
Similar Homes in Kannapolis, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $156,000 | None Listed On Document | |
| Warranty Deed | $156,000 | None Listed On Document | |
| Warranty Deed | $53,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $77,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $225,000 | New Conventional | |
| Closed | $189,000 | New Conventional | |
| Previous Owner | $102,769 | FHA | |
| Previous Owner | $47,700 | New Conventional | |
| Previous Owner | $22,000 | Credit Line Revolving | |
| Previous Owner | $74,000 | Unknown | |
| Previous Owner | $73,150 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2025 01/31/25 | Sold | $156,000 | -29.1% | $139 / Sq Ft |
| 12/26/2024 12/26/24 | For Sale | $219,900 | 0.0% | $195 / Sq Ft |
| 12/18/2024 12/18/24 | Pending | -- | -- | -- |
| 11/20/2024 11/20/24 | Price Changed | $219,900 | -8.0% | $195 / Sq Ft |
| 11/03/2024 11/03/24 | Price Changed | $239,000 | -4.0% | $212 / Sq Ft |
| 10/12/2024 10/12/24 | For Sale | $249,000 | -- | $221 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $2,263 | $199,300 | $47,000 | $152,300 |
| 2023 | $1,551 | $113,180 | $28,000 | $85,180 |
| 2022 | $1,551 | $113,180 | $28,000 | $85,180 |
| 2021 | $1,551 | $113,180 | $28,000 | $85,180 |
| 2020 | $1,551 | $113,180 | $28,000 | $85,180 |
| 2019 | $1,020 | $74,450 | $19,200 | $55,250 |
| 2018 | $1,005 | $74,450 | $19,200 | $55,250 |
| 2017 | $990 | $74,450 | $19,200 | $55,250 |
| 2016 | $990 | $81,050 | $21,600 | $59,450 |
| 2015 | $1,021 | $81,050 | $21,600 | $59,450 |
| 2014 | $1,021 | $81,050 | $21,600 | $59,450 |
Source: Public Records
Agents Affiliated with this Home
-
L
Seller's Agent in 2025
Lynnette Gearing
Lantern Realty & Development, LLC
-
N
Buyer's Agent in 2025
Non Member
NC_CanopyMLS
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4189186
APN: 5622-17-7253-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 1018 Michigan St
- 1010 Tennessee St
- 701 Dakota St
- 2101 Congress Ct
- 2124 Congress Ct
- 617 Peace Haven Rd
- 2218 Wednesbury Ct
- 2300 Wednesbury Ct
- 1200 Grace Ave
- 613 Breckenridge Rd Unit 3
- 1365 Eagle Claw Dr
- 1014 Skyway Dr
- 614 Breckenridge Rd Unit 17
- 1015 Rhode Island Ave
- 3095 Big Bend Dr
- 903 Rhode Island Ave
- 2485 Hedgecliff Rd
- 2465 Hedgecliff Rd
- 401 Dakota St
- 2455 Hedgecliff Rd