NOT LISTED FOR SALE

1102 Desoto Ave Kannapolis, NC 28083

Estimated Value: $182,000 - $206,000

2 Beds
1 Bath
944 Sq Ft
$205/Sq Ft Est. Value

Last Sold November 01, 2024

Last sale price $196,600 $208 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,157/month

25 Days on Market

Highlights

  • Detached Garage
  • Laundry Room
  • Central Air
  • Fireplace
  • 1-Story Property
  • Asbestos

About This Home

As of November 2024

Welcome home! Just minutes from Downtown Kannapolis, this at home feel cottage offers 2 spacious bed rooms , 1 updated bath. Smart floor plan with great use of space. Easy access all on one level, beautiful back yard, well situated and fenced with so many possibilities! Large outbuilding with tons of room for a workshop, storage, or all of the above! This home has character for days! Entire exterior and interior freshly painted. New windows just installed with the exception of den windows. Two driveways. Fresh paint on exterior and interior! Updated bathroom, beautiful hardwood floors. A survey has not been completed by seller. Make this your home while you can!

Last Agent to Sell the Property

Justin Porter

Call It Closed International Inc Brokerage Email: realtorjfp@gmail.com License #324983 Listed on: 09/06/2024

Co-Listed By

Jayne Helms

RE/MAX Leading Edge Brokerage Email: realtorjfp@gmail.com License #217044

Last Buyer's Agent

Shelley Karpeles

Keller Williams South Park License #350730

Keller Williams South Park

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • Property is zoned RV, TR-4

Home Design

  • Asbestos

Interior Spaces

  • 944 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Detached Garage
  • Driveway

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 5613-74-9070-0000

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1955
  • Road Surface Type: Gravel, Concrete
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 208.26
  • Geocode Confidence: High
  • Attribution Contact: realtorjfp@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 944
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Cooktop, Electric Oven, Refrigerator
  • Above Grade Finished Sq Ft: 944
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 944
  • Bedroom Main: 2

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Asbestos

Garage/Parking

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

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: In Kitchen
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5613-74-9070-0000
  • Zoning: TR-4
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RV

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Oct 31, 2024
Sold by
Pleasant Valley Rentals Llc
Bought by
Mcgill Spencer
Seller's Agent
Justin Porter
Call It Closed International Inc
Buyer's Agent
Shelley Karpeles
Keller Williams South Park
List Price
$225,000
Sold Price
$196,600
Premium/Discount to List
-$28,400
-12.62%
Views
42
Current Estimated Value
$193,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,681
Avg. Annual Appreciation
-1.10%
Original Mortgage
$190,702
Outstanding Balance
$188,793
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$5,126

Purchase Details

Closed on
Oct 15, 2020
Sold by
Scm Capital Llc
Bought by
Pleasant Valley Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Dec 16, 2014
Closed on
Apr 16, 2015
Sold by
Simmons William Stewart and Simmons Kathy M
Bought by
Steadfast Capital Management Llc and Simmons Osborne Clara Mae
List Price
$52,000
Sold Price
$30,000
Premium/Discount to List
-$22,000
-42.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.88%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcgill Spencer $197,000 None Listed On Document
Mcgill Spencer $197,000 None Listed On Document
Pleasant Valley Rentals Llc $175,000 None Available
Steadfast Capital Management Llc $30,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgill Spencer $190,702
Closed Mcgill Spencer $190,702
Previous Owner Pleasant Valley Rentals Llc $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2024 11/01/24 Sold $196,600 -1.2% $208 / Sq Ft
09/26/2024 09/26/24 Price Changed $199,000 -5.2% $211 / Sq Ft
09/17/2024 09/17/24 Price Changed $210,000 -6.7% $222 / Sq Ft
09/06/2024 09/06/24 For Sale $225,000 +650.0% $238 / Sq Ft
07/15/2015 07/15/15 Off Market $30,000 -- --
04/16/2015 04/16/15 Sold $30,000 -42.3% $32 / Sq Ft View Prior Sale
03/18/2015 03/18/15 Pending -- -- --
12/16/2014 12/16/14 For Sale $52,000 -- $55 / 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 $1,801 $158,600 $40,000 $118,600
2024 $1,801 $158,600 $40,000 $118,600
2023 $1,235 $90,120 $22,000 $68,120
2022 $1,235 $90,120 $22,000 $68,120
2021 $1,235 $90,120 $22,000 $68,120
2020 $1,235 $90,120 $22,000 $68,120
2019 $886 $64,670 $17,500 $47,170
2018 $873 $64,670 $17,500 $47,170
2017 $860 $64,670 $17,500 $47,170
2016 $860 $65,900 $18,750 $47,150
2015 $415 $65,900 $18,750 $47,150
2014 $415 $65,900 $18,750 $47,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4180126

Canopy MLS (Canopy Realtor® Association)

APN: 5613-74-9070-0000