NOT LISTED FOR SALE

116 Crescent St Kannapolis, NC 28081

Estimated Value: $164,000 - $182,044

1 Bed
1 Bath
781 Sq Ft
$221/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $157,000 $201 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,112/month

49 Days on Market

Highlights

  • Wood Flooring
  • Covered patio or porch
  • Laundry Room
  • Northwest Cabarrus High Rated A-
  • Fireplace
  • 1-Story Property

About This Home

As of December 2023

New ceiling in the living room, den and kitchen. Explore this charming 1-bed, 1-bath home with a spacious den, ideal for an office or extra sleeping space includes a closet! Featuring hardwood floors, a well-appointed kitchen, and a 2020 HVAC upgrade. Conveniently located just minutes from the North Carolina Research Campus and the vibrant downtown Kannapolis, offering dining and entertainment options. This property combines comfort and convenience in a coveted location. Don't miss this opportunity!

Last Agent to Sell the Property

Britney Biles

Mark Spain Real Estate Brokerage Email: britneythomas@markspain.com License #317018 Listed on: 09/25/2023

Mark Spain Real Estate

Last Buyer's Agent

Randy Thompson

NorthGroup Real Estate LLC License #242233

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,796

Year Built

  • Built in 1940

Lot Details

  • 6,098

Home Design

  • Permanent Foundation
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Electric Oven
  • Laundry Room

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Interior Basement Entry
  • Basement Storage

Parking

  • Attached Carport
  • Driveway

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Covered patio or porch
  • Property is zoned RM-2

Listing and Financial Details

  • Assessor Parcel Number 5612-78-0714-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,796

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1940
  • Road Surface Type: Asphalt, Gravel
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 201.02
  • Geocode Confidence: High
  • Attribution Contact: britneythomas@markspain.com
  • Special Features: None

Interior Features

  • Foundation Details: Permanent
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 781
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 159
  • Sq Ft Unheated Total: 159
  • Sq Ft Upper: 0
  • Appliances: Electric Oven, Oven
  • Above Grade Finished Sq Ft: 781
  • Has Basement: Interior Entry, Partial, Storage Space
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Other - See Remarks
  • Living Area: 781
  • Bedroom Main: 1
  • Room Count: 5
  • Sq Ft Other: 164

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Vinyl
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Attached Carport, Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Utility Room, Main Level
  • 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 Area: 0.144
  • Lot Size Units: Acres
  • Parcel Number: 5612-78-0714-0000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RM-2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2023
Closed on
Dec 20, 2023
Sold by
Feathers Taylor
Bought by
Beatty Cathy
Seller's Agent
Britney Biles
Mark Spain Real Estate
Buyer's Agent
Randy Thompson
NorthGroup Real Estate LLC
List Price
$225,000
Sold Price
$157,000
Premium/Discount to List
-$68,000
-30.22%
Total Days on Market
49
Views
189
Current Estimated Value
$172,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,261
Avg. Annual Appreciation
6.47%
Original Mortgage
$137,700
Outstanding Balance
$136,098
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$36,163

Purchase Details

Listed on
Dec 18, 2019
Closed on
Apr 17, 2020
Sold by
Jbl Estates Llc
Bought by
Feathers Taylor
Seller's Agent
Jeremiah Bridges
Better Homes and Gardens Real Estate Paracle
Buyer's Agent
Cheryl Baxter
Lantern Realty & Development, LLC
List Price
$104,300
Sold Price
$104,000
Premium/Discount to List
-$300
-0.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.84%
Original Mortgage
$100,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2019
Sold by
High Edge Investments Llc
Bought by
Jbl Estates Llc

Purchase Details

Closed on
Jan 3, 2019
Sold by
Bowers Franklin M and Hughes Joan Griffin
Bought by
High Edge Investments Llc
Source: Public Records

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Range of Values:

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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
Beatty Cathy $157,000 None Listed On Document
Feathers Taylor $100,000 None Available
Jbl Estates Llc $52,000 None Available
High Edge Investments Llc $44,500 Attorneys Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beatty Cathy $137,700
Previous Owner Feathers Taylor $45,000
Previous Owner Feathers Taylor M $30,000
Previous Owner Feathers Taylor $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2023 12/20/23 Sold $157,000 -1.9% $201 / Sq Ft
11/08/2023 11/08/23 Price Changed $160,000 -20.0% $205 / Sq Ft
11/03/2023 11/03/23 Price Changed $200,000 -11.1% $256 / Sq Ft
09/25/2023 09/25/23 For Sale $225,000 +116.3% $288 / Sq Ft
04/17/2020 04/17/20 Sold $104,000 -0.3% $122 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
03/01/2020 03/01/20 For Sale $104,300 0.0% $123 / Sq Ft
01/15/2020 01/15/20 Pending -- -- --
12/29/2019 12/29/19 Price Changed $104,300 -3.4% $123 / Sq Ft
12/18/2019 12/18/19 For Sale $108,000 -- $127 / 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 $1,796 $158,130 $58,000 $100,130
2023 $1,360 $99,280 $28,000 $71,280
2022 $1,360 $99,280 $28,000 $71,280
2021 $1,360 $99,280 $28,000 $71,280
2020 $1,061 $77,470 $28,000 $49,470
2019 $783 $57,140 $14,700 $42,440
2018 $386 $57,140 $14,700 $42,440
2017 $380 $57,140 $14,700 $42,440
2016 $380 $61,430 $16,100 $45,330
2015 $387 $61,430 $16,100 $45,330
2014 $387 $61,430 $16,100 $45,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4071469

Canopy MLS (Canopy Realtor® Association)

APN: 5612-78-0714-0000