$70,000
SOLD AUG 6, 2018

110 Wayne Ave Kannapolis, NC 28081

2 Beds
1 Bath
1,084 Sq Ft
0.37 Acres

Recently Sold

$65 Per Sq Ft

7% Below List Price

1 Day on Market

About This Home

As of November 2018

Great opportunity, home could easily be converted to a 3 bedroom home

Last Agent to Sell the Property

Brandon Farabee

Tucker Real Estate Group Inc License #255979 Listed on: 06/28/2018

Last Buyer's Agent

David Miller

4 Site Real Estate LLC License #244139

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Home Design

  • Asbestos Siding

Bedrooms and Bathrooms

  • 1 Full Bathroom

Listing and Financial Details

  • Assessor Parcel Number 5614-12-1706-0000

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.93458
  • Ratio Close Price By Original Li: 0.93458
  • Ratio Current Price By Acre: 189189.19
  • Ratio Current Price By Sq Ft: 64.58
  • Year Built: 1956
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Garage Door
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Room Count: 1
  • Main Level Sq Ft: 1084
  • Total Sq Ft: 1084

Exterior Features

  • Construction: Asbestos
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Earth
  • Parking: Basement

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Size Area: 0.370
  • Parcel Number: 5614-12-1706-0000
  • Zoning Specification: RV

Tax Info

  • Tax Value: 57490.00
  • Tax Location: Kannapls/cab

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2018
Closed on
Nov 9, 2018
Sold by
David Miller Realty & Investments Inc
Bought by
Rusmisel Ellis Dwayne
Seller's Agent
David Miller
4 Site Real Estate LLC
Buyer's Agent
Alicia Hammel
Lantern Realty & Development, LLC
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%
Current Estimated Value
$249,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,807
Avg. Annual Appreciation
10.20%
Original Mortgage
$125,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 28, 2018
Closed on
Jun 22, 2018
Sold by
Hough Wilson R and Hough Kay F
Bought by
Stofford Joel
Seller's Agent
Brandon Farabee
Tucker Real Estate Group Inc
Buyer's Agent
David Miller
4 Site Real Estate LLC
List Price
$74,900
Sold Price
$70,000
Premium/Discount to List
-$4,900
-6.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
830.05%
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 Type Sale Price Title Company
Warranty Deed $125,000 None Available
Warranty Deed $60,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $154,000 New Conventional
Closed $125,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2018 11/09/18 Sold $125,000 -3.8% $116 / Sq Ft
10/04/2018 10/04/18 Pending -- -- --
10/03/2018 10/03/18 For Sale $129,900 +85.6% $120 / Sq Ft
08/06/2018 08/06/18 Sold $70,000 -6.5% $65 / Sq Ft
06/29/2018 06/29/18 Pending -- -- --
06/28/2018 06/28/18 For Sale $74,900 -- $69 / 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 $2,909 $256,200 $57,600 $198,600
2023 $1,723 $125,780 $15,360 $110,420
2022 $1,723 $125,780 $15,360 $110,420
2021 $1,723 $125,780 $15,360 $110,420
2020 $1,723 $125,780 $15,360 $110,420
2019 $907 $66,200 $10,450 $55,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3408295

Canopy MLS (Canopy Realtor® Association)

APN: 5614-12-1706-0000