NOT LISTED FOR SALE

116 Hemlock Ave Kannapolis, NC 28081

Kannapolis Area

Estimated Value: $179,232

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

Sale Details

Date Sold: November 5, 2021

Last sale price $110,000 $122 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,173 / mo

10 Days on Market

Highlights

  • 1-Story Property
  • Level Lot
  • Carpet

About This Home

As of November 2021

PRIME LOCATION ! HOME IS LOCATED CLOSE TO DOWNTOWN KANNAPOLIS, ATRIUM HEALTH BALL PARK, RESTAURANTS ,CHURCHES,VERIOUS SHOPS, AND GEM THEATER. GREAT POTENTIAL WITH A LITTLE TLC IN THIS 2BED ROOM 1 BATH HOME. HANDYMAN ONE CAR GARAGE WITH SHOP IN BACK YARD ON LEVEL LOT WITH PLENTY OF ROOM FOR GRILLING AND PLAY. NICE COVERED FRONT PORCH AND NEW ROOF. HOME IS IN NEED OF REPAIRS AND SELLER IS SELLING AS IS NO REPAIRS WILL BE MADE AT THIS PRICE.

Last Agent to Sell the Property

Jimmy Carter

Lantern Realty & Development, LLC License #238763 Listed on: 10/01/2021

Lantern Realty & Development, LLC

Last Buyer's Agent

seema jay

RE/MAX Executive License #321775

RE/MAX Executive

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1916

Lot Details

  • Lot Dimensions are 50x147
  • Level Lot

Parking

  • 1

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Crawl Space

Flooring

  • Carpet
  • Linoleum

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 5614305994

Home Details

Home Type

Single Family

Year Built

Built in 1916

Lot Details

6,970 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.88000
  • Ratio Close Price By Original Li: 0.88000
  • Ratio Current Price By Acre: 687500.00
  • Ratio Current Price By Sq Ft: 121.68
  • Year Built: 1916
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s)
  • Flooring: Carpet, Linoleum
  • Laundry Location: Kitchen
  • Room Count: 1
  • Main Level Sq Ft: 904
  • Total Sq Ft: 904

Exterior Features

  • Construction: Aluminum
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Earth
  • Parking: Garage - 1 Car

Utilities

  • Heating: Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 50x147
  • Lot Features: Level
  • Parcel Number: 5614305994
  • Plat Reference Section Pages: 21
  • Zoning Specification: RV

Tax Info

  • Tax Value: 76840.00
  • Tax Location: Cabarrus

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

Closed on
Dec 27, 2022
Sold by
Gwinnett Holdings Llc
Bought by
Current Estimated Value
$179,232

Purchase Details

Listed on
Oct 1, 2021
Closed on
Nov 4, 2021
Sold by
Summers Sandra T
Bought by
Gwinnett Holdings Llc
Seller's Agent
Jimmy Carter
Lantern Realty & Development, LLC
Buyer's Agent
seema jay
RE/MAX Executive
List Price
$125,000
Sold Price
$110,000
Premium/Discount to List
-$15,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.52%
Original Mortgage
$99,000
Interest Rate
2.88%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 1996
Bought by
Summers Matthew E and Summers Wf
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Kannapolis, NC

  • Barbara Lomax Real Estate Agent - Wallace Realty

    Barbara Lomax

    Wallace Realty

    (980) 305-7150

    43 Total Sales

    1 in Kannapolis

    $236,500 Price

    Barbara Lomax
     Section Image
  • Lupita Adame Cisneros Real Estate Agent - EXP Realty LLC

    Lupita Adame Cisneros

    EXP Realty LLC

    (980) 553-7079

    97 Total Sales

    1 in Kannapolis

    $275,000 Price

    Lupita Adame Cisneros
     Section Image
  • John Robinson Real Estate Agent - MATHERS REALTY.COM

    John Robinson

    MATHERS REALTY.COM

    (980) 430-4233

    58 Total Sales

    2 in Kannapolis

    $205K - $320K Price Range

    John Robinson
     Section Image
  • Stephen Kue Real Estate Agent - Century 21 American Homes

    Stephen Kue

    Century 21 American Homes

    (828) 523-9046

    160 Total Sales

    1 in Kannapolis

    $289,000 Price

    Stephen Kue
     Section Image
  • Nicole McAlister Real Estate Agent - Keller Williams Ballantyne Area

    Nicole McAlister

    Keller Williams Ballantyne Area

    (980) 550-5120

    401 Total Sales

    7 in Kannapolis

    $200K - $380K Price Range

    Nicole McAlister
     Section Image
  • Wendell Rummage Real Estate Agent - Lantern Realty & Development, LLC

    Wendell Rummage

    Lantern Realty & Development, LLC

    (980) 268-2246

    105 Total Sales

    17 in Kannapolis

    $150K - $450K Price Range

    Wendell Rummage
     Section Image
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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
-- --
Gwinnett Holdings Llc $110,000 None Available
Summers Matthew E $45,000 --
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
Previous Owner $112,500
Previous Owner Gwinnett Holdings Llc $99,000
Previous Owner Summers Matthew Ellis $33,000
Previous Owner Summers Matthew E $40,000
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
11/05/2021 11/05/21 Sold $110,000 -12.0% $122 / Sq Ft
10/14/2021 10/14/21 For Sale $125,000 0.0% $138 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $125,000 -- $138 / 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 -- $170,510 $48,000 $122,510
2025 $1,936 $170,510 $48,000 $122,510
2024 $1,936 $170,510 $48,000 $122,510
2023 $1,123 $81,940 $12,800 $69,140
2022 $1,053 $76,840 $12,800 $64,040
2021 $1,053 $76,840 $12,800 $64,040
2020 $1,053 $76,840 $12,800 $64,040
2019 $824 $60,110 $7,130 $52,980
2018 $811 $60,110 $7,130 $52,980
2017 $799 $60,110 $7,130 $52,980
2016 -- $66,440 $11,250 $55,190
2015 $837 $66,440 $11,250 $55,190
2014 $837 $66,440 $11,250 $55,190
Source: Public Records

Agents Affiliated with this Home

  • Jimmy Carter Real Estate Agent - Lantern Realty & Development, LLC

    Seller's Agent in 2021

    Jimmy Carter

    Lantern Realty & Development, LLC

    (980) 621-6656

    30 Total Sales

    Jimmy Carter
    Section Image

  • SJ

    Buyer's Agent in 2021

    seema jay

    RE/MAX

    (678) 755-7454

    7 Total Sales

    seema jay
    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3778070

Canopy MLS

APN: 5614-30-5994-0000

North Carolina Cabarrus County Kannapolis 28081

116 Hemlock Ave, Kannapolis, NC

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.

Canopy MLS 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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