NOT LISTED FOR SALE

1024 Kentucky St Unit 1 Kannapolis, NC 28083

Estimated Value: $270,000 - $292,000

0.41 Acre
$684,300 Price per Acre
17,860 Sq Ft Lot

Last Sold March 14, 2018

Last sale price $5,000

Est. 5,511% increase in value since last sale

Current estimated payment $1,727/month

245 Days on Market

About This Lot

As of March 2018

INVESTORS SPECIAL! BRING YOUR BUILDERS OR BUILD SOME INVESTMENT PROPERTIES. EXCEPTIONAL LOCATION IN GROWING CABARRUS COUNTY. NEW PRICE REFLECTS TO BE SOLD AS A PORTFOLIO AND WILL NOT SELL AT THIS PRICE SEPARATELY. PLEASE SEE MLS 3299885,3299975,
3299882,3299876

Last Agent to Sell the Property

Erika Mendoza

Coldwell Banker Realty License #257389 Listed on: 07/10/2017

Coldwell Banker Realty

Last Buyer's Agent

Erika Mendoza

Coldwell Banker Realty License #257389 Listed on: 07/10/2017

Coldwell Banker Realty

Property Details

Property Type

  • Land

Lot Details

Listing and Financial Details

  • Assessor Parcel Number 56222686030000

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: 0.33333
  • Ratio Close Price By Original Li: 0.25000
  • Ratio Current Price By Acre: 12195.12
  • Restrictions: Manufactured Home Not Allowed
  • Special Features: None

Exterior Features

  • Publically Maintained Road: Yes

Utilities

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

Schools

  • Elementary School: Royal Oaks
  • Middle School: Concord
  • High School: Concord

Lot Info

  • Lot Size Area: 0.410
  • Parcel Number: 56222686030000
  • Zoning Specification: RV
  • Plat Reference Section Pages: 169

Tax Info

  • Tax Value: 20000.00
  • Tax Location: Kannapls/cab

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2022
Sold by
Sturgis James A and Sturgis Sarah M
Bought by
Sfr Acquisitions 3 Llc
Current Estimated Value
$280,563

Purchase Details

Closed on
Jul 29, 2020
Sold by
Gary W Layton Llc
Bought by
Stugis James A and Stugis Sarah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 10, 2017
Closed on
Mar 14, 2018
Sold by
Pzocik Victor Pablo and Pzocik Ruth
Bought by
Alcantar Martin V
Seller's Agent
Erika Mendoza
Coldwell Banker Realty
Buyer's Agent
Erika Mendoza
Coldwell Banker Realty
List Price
$20,000
Sold Price
$5,000
Premium/Discount to List
-$15,000
-75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.64%

Purchase Details

Closed on
Jul 17, 2002
Sold by
Parham Terry F and Parham Jane C
Bought by
Minor Gregory H and Minor Cathy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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ICE

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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
Sfr Acquisitions 3 Llc $259,500 Old Republic Title
Stugis James A $180,000 None Available
Alcantar Martin V $5,000 None Available
Minor Gregory H $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stugis James A $800,000
Previous Owner Stugis James A $176,519
Previous Owner Minor Gregory H $22,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2018 03/14/18 Sold $5,000 -75.0% --
03/12/2018 03/12/18 Pending -- -- --
07/10/2017 07/10/17 For Sale $20,000 -- --
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 $3,076 $270,910 $47,000 $223,910
2024 $3,076 $270,910 $47,000 $223,910
2023 $2,126 $155,190 $28,000 $127,190
2022 $0 $155,190 $28,000 $127,190
2021 $2,126 $155,190 $28,000 $127,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3299876

Canopy MLS (Canopy Realtor® Association)

APN: 5622-26-8603-0000