Tracy Honeycutt
Responds Quickly
Costello Real Estate and Investments LLC
(252) 254-3666
68 Total Sales
1 in Kannapolis
$357,000 Price
1106 Mount Olivet Rd Kannapolis, NC 28083
Kannapolis Area
6
Beds
4
Baths
2,169
Sq Ft
0.51
Acre Lot
Highlights
- Laundry Room
- Central Air
- Level Lot
- Tile Flooring
About This Home
As of March 2024Investment Opportunity in a GREAT Location!! This duplex is ready for its next investor. Convenient access to Concord, Kannapolis, shops, restaurants, medical facilities & Hwy I-85. Each unit has 3 bedrooms, 2 full baths, laundry rooms & is over 1000 sq ft per side with individual concrete driveways per side. Heat pumps-approx 3yrs old, roof approx.7 yrs old, all electric (no gas), ceramic tile floors & windows have been replaced. Currently, both units are tenant-occupied, ensuring immediate rental income & Tenant pays all utilities. Whether you're looking for steady rental income or a place to eventually call home while leveraging the potential of the other unit, this duplex is a great choice. Home to be sold “As Is”. Seller to make no repairs-there are a few broken floor tiles & kitchen cab's are older. Stoves & refrigerators are tenant owned & do not convey.. Seller will NOT consider seller financing.
Last Agent to Sell the Property
Howard Hanna Allen Tate Concord Brokerage Email: christine.stewart@allentate.com License #189875 Listed on: 12/06/2023
Last Buyer's Agent
Matthew Novak
NorthGroup Real Estate LLC License #256091
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1994
Lot Details
- Level Lot
Home Design
- Duplex
- Slab Foundation
- Composition Roof
- Vinyl Siding
Interior Spaces
- 2,169 Sq Ft Home
- Property has 1 Level
- Tile Flooring
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Parking
- Driveway
- 4 Open Parking Spaces
- Assigned Parking
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Community Details
- Carolina Air Park Subdivision
Listing and Financial Details
- Tenant pays for all utilities
- Assessor Parcel Number 5622-24-5943-0000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 6, 2023
Closed on
Mar 27, 2024
Sold by
A & N Investment Properties Llc
Bought by
Seller's Agent
Christine Stewart
Howard Hanna Allen Tate Concord
Buyer's Agent
Matthew Novak
NorthGroup Real Estate LLC
List Price
$375,900
Sold Price
$350,000
Premium/Discount to List
-$25,900
-6.89%
Views
195
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,660
Outstanding Balance
$339,578
Interest Rate
6.75%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 12, 2006
Sold by
L & A Of Cabarrus Llc
Bought by
Webb Arthur O and Webb Carolyn F
Purchase Details
Closed on
Jan 2, 2001
Sold by
Culp Richard W and Culp Priscilla H
Bought by
L & A Of Cabarrus Llc
Purchase Details
Closed on
Nov 1, 1993
Bought by
Culp Richard W and Culp Priscilla H
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Kannapolis, NC
-
Tracy Honeycutt
-
Noah Morris
Noah Morris
Responds QuicklyCOMPASS
(561) 609-0728
59 Total Sales
2 in Kannapolis
$115K - $243K Price Range
-
Anthony Swain
Anthony Swain
COMPASS
(570) 667-6898
53 Total Sales
4 in Kannapolis
$258K - $410K Price Range
-
Crystal Gomez
Crystal Gomez
Lantern Realty & Development, LLC
(980) 252-8506
19 Total Sales
3 in Kannapolis
$209K - $425K Price Range
-
Trudy Nance
Trudy Nance
Century 21 Towne & Country
(980) 447-6935
68 Total Sales
1 in Kannapolis
$370,000 Price
-
Ana Acela Perez
Ana Acela Perez
COMPASS
(980) 281-9437
12 Total Sales
1 in Kannapolis
$273,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $350,000 | None Listed On Document | ||
| Webb Arthur O | -- | None Available | |
| L & A Of Cabarrus Llc | $125,000 | -- | |
| Culp Richard W | $12,500 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $343,660 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/27/2024 03/27/24 | Sold | $350,000 | 0.0% | $161 / Sq Ft |
| 02/21/2024 02/21/24 | Pending | -- | -- | -- |
| 02/09/2024 02/09/24 | Price Changed | $350,000 | -6.9% | $161 / Sq Ft |
| 12/06/2023 12/06/23 | For Sale | $375,900 | -- | $173 / Sq Ft |
Source: Canopy MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | -- | $289,470 | $47,000 | $242,470 |
| 2025 | $3,287 | $289,470 | $47,000 | $242,470 |
| 2024 | $3,287 | $289,470 | $47,000 | $242,470 |
| 2023 | $2,072 | $151,240 | $28,000 | $123,240 |
| 2022 | $2,072 | $151,240 | $28,000 | $123,240 |
| 2021 | $2,072 | $151,240 | $28,000 | $123,240 |
| 2020 | $2,072 | $151,240 | $28,000 | $123,240 |
| 2019 | $1,868 | $136,340 | $20,000 | $116,340 |
| 2018 | $1,841 | $136,340 | $20,000 | $116,340 |
| 2017 | $1,813 | $136,340 | $20,000 | $116,340 |
| 2016 | $1,813 | $139,180 | $25,000 | $114,180 |
| 2015 | $1,754 | $139,180 | $25,000 | $114,180 |
| 2014 | $1,754 | $139,180 | $25,000 | $114,180 |
Source: Public Records
Agents Affiliated with this Home
-
Christine Stewart
Seller's Agent in 2024
Christine Stewart
Allen Tate Realtors
(980) 521-4353
35 Total Sales
-
Matthew Novak
MN
Buyer's Agent in 2024
Matthew Novak
NorthGroup Real Estate LLC
Map
Source: Canopy MLS
MLS Number: 4092395
APN: 5622 24 5943
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID
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