NOT LISTED FOR SALE

1004 Elm St Kannapolis, NC 28081

Estimated Value: $195,000 - $267,000

3 Beds
2 Baths
1,260 Sq Ft
$178/Sq Ft Est. Value

Last Sold December 16, 2020

Last sale price $110,000 $87 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,329/month

21 Days on Market

Highlights

  • Ranch Style House
  • Storage Room
  • Many Trees

About This Home

As of December 2020

Price reduced! 3 BEDROOM/2 BATH Fixer Upper on over 1/2 acre lot! Tenant occupied and tenants paying $650/month. No HOA restrictions. Great value, great property for an investor or your next dream home. Fence and brown shed do not convey. Appliances do not convey. Please be mindful of tenants. MOTIVATED SELLER! Please notify agent via text if offer is sent via email! Tenant occupied til 11/5/2020.

Last Agent to Sell the Property

Ann Sharma

Sterling Pointe Realty License #286875 Listed on: 09/24/2020

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1934

Lot Details

  • Many Trees

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Storage Room
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 148071

Home Details

Home Type

Single Family

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.88710
  • Ratio Close Price By Original Li: 0.86614
  • Ratio Current Price By Acre: 211538.46
  • Ratio Current Price By Sq Ft: 87.30
  • Year Built: 1934
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s)
  • Fixture Exception Description: FENCE DOES NOT CONVEY, BROWN SHED DOES NOT CONVEY, KITCHEN APPLIANCES DO NOT CONVEY
  • Fixture Exception Yn: Yes
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1260
  • Total Sq Ft: 1260

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Storage Unit

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Central Air, Electric Hot Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Trees
  • Lot Size Area: 0.520
  • Parcel Number: 148071
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 88010.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Dec 18, 2020
Sold by
Bumgarner Charles W and Nicholson Jodi
Bought by
Alvarez Javier Beltran
Seller's Agent
Ann Sharma
Sterling Pointe Realty
Buyer's Agent
Non Member
Canopy Administration
List Price
$127,000
Sold Price
$110,000
Premium/Discount to List
-$17,000
-13.39%
Current Estimated Value
$224,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,028
Avg. Annual Appreciation
15.67%
Original Mortgage
$99,000
Outstanding Balance
$86,588
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$134,357

Purchase Details

Closed on
Jul 10, 2017
Sold by
Bumgarner Shelby Jean and Bumgarner Charles W
Bought by
Bumgarner Shelby Jean and Bumgarner Charles W

Purchase Details

Closed on
Jul 1, 1998
Bought by
Bumgarner Margaret
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
Alvarez Javier Beltran $110,000 None Available
Bumgarner Shelby Jean -- None Available
Bumgarner Shelby Jean $1,000 None Available
Bumgarner Margaret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Javier Beltran $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2020 12/16/20 Sold $110,000 -11.3% $87 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
10/08/2020 10/08/20 Price Changed $124,000 -2.4% $98 / Sq Ft
09/24/2020 09/24/20 For Sale $127,000 -- $101 / Sq Ft
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 $1,703 $140,733 $49,238 $91,495
2024 $1,703 $140,733 $49,238 $91,495
2023 $1,703 $140,733 $49,238 $91,495
2022 $1,133 $88,010 $32,573 $55,437
2021 $1,133 $88,010 $32,573 $55,437
2020 $1,133 $88,010 $32,573 $55,437
2019 $1,133 $88,010 $32,573 $55,437
2018 $497 $78,114 $32,572 $45,542
2017 $497 $78,114 $32,572 $45,542
2016 $994 $78,114 $32,572 $45,542
2015 $505 $78,114 $32,572 $45,542
2014 $467 $74,741 $26,058 $48,683
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3664548

Canopy MLS (Canopy Realtor® Association)

APN: 148-071