NOT LISTED FOR SALE

1114 Thomas Ave Kannapolis, NC 28081

Estimated Value: $192,000 - $238,000

2 Beds
1 Bath
1,051 Sq Ft
$198/Sq Ft Est. Value

Last Sold May 30, 2017

Last sale price $114,400 $109 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,254/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Shed
  • Many Trees
  • Wood Flooring

About This Home

As of May 2017

Welcome Home! This cute and cozy home is perfect for the first- time home buyer, investor, or someone looking to downsize. Home was remodeled in 2015. This open floor plan boasts beautiful wood floors, a stunning kitchen complete with stainless appliances and large bedrooms. The walk-out unfinished basement has lots of potential. The rocking chair front porch is the perfect spot to relax in the evenings or enjoy your morning cup of coffee. Convenient location, close to interstate and shopping.

Last Agent to Sell the Property

Stacie Platt

Howard Hanna Allen Tate Lake Norman License #269096 Listed on: 04/09/2017

Howard Hanna Allen Tate Lake Norman

Co-Listed By

David Hoffman

David Hoffman Realty License #61641

Last Buyer's Agent

Rodney Bailey

Tanglewood Realty & Rentals License #195645

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 0.42

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • 1 Full Bathroom

Additional Features

  • Crawl Space
  • Shed
  • Many Trees
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5613327954000

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.04095
  • Ratio Close Price By Original Li: 1.04095
  • Ratio Current Price By Acre: 272380.95
  • Ratio Current Price By Sq Ft: 108.85
  • Year Built: 1954
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Outside Entrance, Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Cable Prewire, Electric Range, Microwave, Security System, Electric Oven
  • Flooring: Vinyl, Wood
  • Interior Amenities: Cable Available, Pantry, Split BR Plan
  • Laundry Location: Basement
  • Room Count: 2
  • Main Level Sq Ft: 1051
  • Total Sq Ft: 1051
  • Sq Ft Unheated Basement: 504
  • Sq Ft Unheated Total: 504

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

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

Lot Info

  • Lot Features: Trees
  • Parcel Number: 5613327954000
  • Plat Reference Section Pages: 0013
  • Zoning Specification: RM-2

Tax Info

  • Tax Value: 80870.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2017
Closed on
May 24, 2017
Sold by
Wyrick Robert
Bought by
Wilbur Kenneth G
Seller's Agent
Stacie Platt
Howard Hanna Allen Tate Lake Norman
Buyer's Agent
Rodney Bailey
Tanglewood Realty & Rentals
List Price
$109,900
Sold Price
$114,400
Premium/Discount to List
$4,500
4.09%
Current Estimated Value
$208,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,089
Avg. Annual Appreciation
7.22%
Original Mortgage
$112,327
Outstanding Balance
$92,818
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$115,671

Purchase Details

Closed on
Jul 28, 2015
Sold by
Byrne Properties Inc
Bought by
Wyrick Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,500
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Wilbur Kenneth G $114,500 None Available
Wyrick Robert $96,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilbur Kenneth G $112,327
Previous Owner Wyrick Robert $96,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2017 05/30/17 Sold $114,400 +4.1% $109 / Sq Ft
04/13/2017 04/13/17 Pending -- -- --
04/09/2017 04/09/17 For Sale $109,900 -- $105 / 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 $1,976 $173,980 $63,600 $110,380
2024 $1,976 $173,980 $63,600 $110,380
2023 $1,408 $102,790 $38,400 $64,390
2022 $1,408 $102,790 $38,400 $64,390
2021 $1,408 $102,790 $38,400 $64,390
2020 $1,408 $102,790 $38,400 $64,390
2019 $1,108 $80,870 $26,600 $54,270
2018 $1,092 $80,870 $26,600 $54,270
2017 $1,076 $80,870 $26,600 $54,270
2016 $1,076 $82,360 $28,000 $54,360
2015 -- $82,360 $28,000 $54,360
2014 -- $82,360 $28,000 $54,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3269916

Canopy MLS (Canopy Realtor® Association)

APN: 5613-32-7954-0000