NOT LISTED FOR SALE

1104 N Ridge Ave Unit 1 Kannapolis, NC 28083

Estimated Value: $326,000

2 Beds
2 Baths
4,150 Sq Ft
$79/Sq Ft Est. Value

Last Sold October 20, 2020

Last sale price $220,000 $53 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,163/month

129 Days on Market

About This Home

As of October 2020

Duplex in great location in downtown Kannapolis. Less than 1 mile to Research Park. Being sold in conjunction with 3100 sq ft commercial building. See MLS#3599720.

Last Agent to Sell the Property

Michael Graham

Odell Realty, LLC License #303812 Listed on: 03/25/2020

Co-Listed By

Lloyd Odell

Odell Realty, LLC License #259101

Last Buyer's Agent

Ed McAfee

Locus Real Estate Advisors Inc License #260508

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 0.42

Home Design

  • Duplex
  • Vinyl Siding

Additional Features

  • Vinyl Flooring
  • 2 Full Bathrooms
  • Crawl Space
  • Corner Lot

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 150075

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.88035
  • Ratio Close Price By Original Li: 0.77193
  • Ratio Current Price By Acre: 517647.06
  • Ratio Current Price By Sq Ft: 53.01
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Vinyl
  • Laundry Location: Utility Room
  • Total Sq Ft: 4150

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Parking: Driveway

Utilities

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

Schools

  • Elementary School: Unspecified
  • Middle School: Kannapolis
  • High School: A.L. Brown

Lot Info

  • Lot Dimension: Per Survey
  • Lot Features: Corner Lot, Paved Frontage
  • Lot Size Area: 0.425
  • Parcel Number: 150075
  • Zoning Specification: GC

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 183074.00
  • Tax Location: Kannapls/row

Multi Family

  • Unit Count: 1
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2020
Closed on
Oct 20, 2020
Sold by
Holbrook Blaine D and Holbrook Joan Irvin
Bought by
Jddt Holdings Llc
Seller's Agent
Michael Graham
Odell Realty, LLC
Buyer's Agent
Ed McAfee
Locus Real Estate Advisors Inc
List Price
$285,000
Sold Price
$220,000
Premium/Discount to List
-$65,000
-22.81%
Current Estimated Value
$326,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,000
Original Mortgage
$395,980
Outstanding Balance
$356,362
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 17, 2020
Sold by
Holbrook S Radio And Television Svc Inc
Bought by
Holbrook Blame D and Holbrook Brian
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
Jddt Holdings Llc $220,000 None Available
Holbrook Blame D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jddt Holdings Llc $395,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2020 10/20/20 Sold $220,000 -12.0% $53 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
06/26/2020 06/26/20 Price Changed $249,900 -3.8% $60 / Sq Ft
05/20/2020 05/20/20 Price Changed $259,900 -8.8% $63 / Sq Ft
03/25/2020 03/25/20 For Sale $285,000 -- $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
2025 $5,218 $431,266 $57,600 $373,666
2024 $5,218 $431,266 $57,600 $373,666
2023 $5,218 $431,266 $57,600 $373,666
2022 $4,679 $363,435 $48,000 $315,435
2021 $2,357 $183,074 $48,000 $135,074
2020 $2,357 $183,074 $48,000 $135,074
2019 $2,357 $183,074 $48,000 $135,074
2018 $2,419 $190,006 $48,000 $142,006
2017 $2,419 $190,006 $48,000 $142,006
2016 $2,444 $190,006 $48,000 $142,006
2015 $2,456 $190,006 $48,000 $142,006
2014 $2,399 $191,910 $33,600 $158,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3604396

Canopy MLS (Canopy Realtor® Association)

APN: 150-075