NOT LISTED FOR SALE

1010 Desoto Ave Kannapolis, NC 28083

Estimated Value: $207,000 - $229,000

2 Beds
1 Bath
1,117 Sq Ft
$195/Sq Ft Est. Value

Last Sold January 17, 2024

Last sale price $209,000 $187 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,365/month

28 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Bungalow
  • Corner Lot
  • 1 Car Detached Garage
  • 1-Story Property

About This Home

As of January 2024

Cute & classic bungalow is ideal for first-time home buyer or investor. Lovely, fenced front & back yard space is ready for your fall gatherings & spring garden. Front porch to enjoy summer evenings, large family room. Storage/flex room off of family room could be office space or a home for your treadmill. Generously sized dining room will allow for a large table - plenty of seating for your loved ones on those special occasions. New appliances in the kitchen, refrigerator conveys, lots of counter workspace & cabinets. Washer/dryer convey. Bedrooms are sizeable. Vintage hardwood flooring has been refinished & adds to the charm; other updates include new garage door, new front sidewalk, refreshed bathroom including new sink & fresh paint. All systems work well; one-year home warranty for added assurance for the buyer is being offered. Very close to charming downtown Kannapolis. Short drive or bike ride to shops, book store, historic theater, baseball, & restaurants. Welcome home!

Last Agent to Sell the Property

Renee Elkin

Southern Homes of the Carolinas, Inc Brokerage Email: renee@reneeelkin.com License #203759 Listed on: 11/15/2023

Last Buyer's Agent

Dave McCrostie

Coldwell Banker Realty License #188883

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,111

Year Built

  • Built in 1930

Lot Details

  • Back and Front Yard Fenced
  • Corner Lot
  • Level Lot
  • Property is zoned RV

Parking

  • 1 Car Detached Garage
  • Detached Carport Space
  • Driveway
  • On-Street Parking

Home Design

  • Bungalow

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Electric Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5613-74-6327-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,111

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1930
  • Road Surface Type: Dirt, Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 187.11
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: renee@reneeelkin.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Vinyl, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1117
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 32
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 32
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Range, Gas Water Heater, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1117
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1117
  • Bedroom Main: 2
  • Room Count: 7
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced, Front Yard
  • Construction Type: Aluminum
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Carport, Driveway, Detached Garage, On Street

Utilities

  • Heating: Natural Gas, Other - See Remarks
  • Sewer: Public Sewer
  • Laundry Features: Mud Room
  • Cooling: Central Air
  • Utilities: Cable Available, Gas
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Corner Lot, Level
  • Lot Size Area: 0.25
  • Lot Size Units: Acres
  • Parcel Number: 5613-74-6327-0000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RV

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Jan 8, 2024
Sold by
Lewis Jennifer L
Bought by
Pettus Samuel R
Seller's Agent
Renee Elkin
Southern Homes of the Carolinas, Inc
Buyer's Agent
Dave McCrostie
Coldwell Banker Realty
List Price
$215,000
Sold Price
$209,000
Premium/Discount to List
-$6,000
-2.79%
Views
336
Current Estimated Value
$218,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,346
Avg. Annual Appreciation
1.53%
Original Mortgage
$15,000
Outstanding Balance
$14,769
Interest Rate
7.03%
Estimated Equity
$199,370

Purchase Details

Listed on
Jul 1, 2022
Closed on
Sep 13, 2022
Sold by
Smith Rita B
Bought by
Lewis Jennifer L
Seller's Agent
Carol Ervin
Keller Williams Unlimited
Buyer's Agent
Renee Elkin
Southern Homes of the Carolinas, Inc
List Price
$185,000
Sold Price
$190,000
Premium/Discount to List
$5,000
2.7%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$161,500
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2022
Closed on
Sep 7, 2022
Sold by
Danny Beam
Bought by
Smith Rita
Seller's Agent
Carol Ervin
Keller Williams Unlimited
Buyer's Agent
Renee Elkin
Southern Homes of the Carolinas, Inc
List Price
$185,000
Sold Price
$190,000
Premium/Discount to List
$5,000
2.7%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1992
Bought by
Stiff Russell E and Wife Joan C
Source: Public Records

Range of Values:

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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
Pettus Samuel R $209,000 None Listed On Document
Lewis Jennifer L $190,000 --
Smith Rita -- --
Stiff Russell E $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pettus Samuel R $15,000
Open Pettus Samuel R $198,550
Previous Owner Lewis Jennifer L $161,500
Previous Owner Stiff Russell E $56,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2024 01/17/24 Sold $209,000 0.0% $187 / Sq Ft
12/05/2023 12/05/23 Price Changed $209,000 -2.8% $187 / Sq Ft
11/14/2023 11/14/23 For Sale $215,000 +13.2% $192 / Sq Ft
09/13/2022 09/13/22 Sold $190,000 +2.7% $172 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $185,000 -- $167 / 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
2024 $2,111 $185,920 $40,000 $145,920
2023 $1,376 $100,430 $22,000 $78,430
2022 $1,376 $100,430 $22,000 $78,430
2021 $1,376 $100,430 $22,000 $78,430
2020 $1,376 $100,430 $22,000 $78,430
2019 $938 $68,500 $14,000 $54,500
2018 $925 $68,500 $14,000 $54,500
2017 $911 $68,500 $14,000 $54,500
2016 $911 $69,890 $15,000 $54,890
2015 $881 $69,890 $15,000 $54,890
2014 $881 $69,890 $15,000 $54,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4086233

Canopy MLS (Canopy Realtor® Association)

APN: 5613-74-6327-0000