$104,000
SOLD APR 17, 2020

116 Crescent St Kannapolis, NC 28081

2 Beds
1 Bath
850 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$122 Per Sq Ft

74 Days on Market

Highlights

  • Ranch Style House
  • Northwest Cabarrus High Rated A-
  • Wood Flooring

About This Home

As of December 2023

Freshly renovated home off Main St. Kannapolis for the low 100's. Home has new flooring in the kitchen and bathroom and freshly refinished floors in 2 main rooms. New tile and tub in the bathroom and new carpet in one bedroom. This is a great starter house or home to downsize. Nice large lot with mature pecan tree in the backyard. New HVAC/ Furnace installed. Agent is a partial owner.

Last Agent to Sell the Property

Jeremiah Bridges

Better Homes and Gardens Real Estate Paracle License #258385 Listed on: 12/18/2019

Better Homes and Gardens Real Estate Paracle

Last Buyer's Agent

Cheryl Baxter

Lantern Realty & Development, LLC License #298432

Lantern Realty & Development, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Home Design

  • Ranch Style House

Flooring

  • Wood
  • Tile
  • Vinyl

Attic

  • Pull Down Stairs to Attic

Additional Features

  • Oven
  • 1 Full Bathroom

Listing and Financial Details

  • Assessor Parcel Number 5612-78-0714-0000

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.99712
  • Ratio Close Price By Original Li: 0.96296
  • Ratio Current Price By Acre: 693333.33
  • Ratio Current Price By Sq Ft: 122.35
  • Year Built: 1940
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Inside Entrance
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Electric Dryer Hookup, Oven, Exhaust Hood, Refrigerator
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Attic Stairs Pulldown
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 850
  • Total Sq Ft: 850

Exterior Features

  • Construction: Aluminum
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Carport - 1 Car, Driveway, Parking Space - 3

Utilities

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

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Size Area: 0.150
  • Parcel Number: 5612-78-0714-0000
  • Zoning Specification: RM-2

Tax Info

  • Tax Value: 57140.00
  • Tax Location: Cabarrus

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%
Views
189
Current Estimated Value
$168,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,020
Avg. Annual Appreciation
6.38%
Original Mortgage
$137,700
Outstanding Balance
$136,098
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$37,446

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 Type Sale Price Title Company
Warranty Deed $157,000 None Listed On Document
Warranty Deed $100,000 None Available
Warranty Deed $52,000 None Available
Warranty Deed $44,500 Attorneys Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $137,700 New Conventional
Previous Owner $45,000 Credit Line Revolving
Previous Owner $30,000 Credit Line Revolving
Previous Owner $100,000 New Conventional
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: CAR3575725

Canopy MLS (Canopy Realtor® Association)

APN: 5612-78-0714-0000