NOT LISTED FOR SALE

118 Crescent St Kannapolis, NC 28081

Estimated Value: $229,000 - $268,000

2 Beds
1 Bath
1,123 Sq Ft
$217/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $205,000 $183 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,582/month

Highlights

  • Fireplace
  • Laundry Room
  • Shed
  • Northwest Cabarrus High Rated A-
  • Bungalow
  • Ceiling Fan

About This Home

As of May 2022

Beautifully updated home in the growing Kannapolis area just minutes from downtown Kannapolis and research center . This is a great open floor plan with an entirely new kitchen that boasts loads of cabinet and granite counter space. Stainless steel whirlpool appliances include refrigerator, electric stove and oven, microwave and dishwasher. Seamless transitions from room to room allow the floor plan to feel even more open. Master Bedroom has plenty of floor space and a walk-in closet with closet organizers. Enjoy a great flat back yard perfect for entertaining, with plenty of space to start a seasonal garden or let the kids and pets run wild. Fire Place has a natural gas heater that conveys . City water , sewer and natural gas .Please use care when viewing "Root Cellar" under back porch.

Last Agent to Sell the Property

Bob Lhuillier

Keller Williams Unified License #296110 Listed on: 04/22/2022

Keller Williams Unified

Last Buyer's Agent

Valerie Belton

VRB Realty LLC License #256549

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,635

Year Built

  • Built in 1950

Lot Details

  • Zoning described as RM-2

Parking

  • Driveway

Home Design

  • Bungalow
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,123 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Vinyl Flooring
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed
  • Outbuilding

Utilities

  • Space Heater
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5612-78-0720-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,635

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1950
  • Ratio Current Price By Acre: 1366666.67
  • Restrictions: No Representation
  • Road Surface Type: Cobblestone
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Vinyl
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1123
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Second Living Quarters Hla: 0
  • Second Living Quarters Sq Ft: 0
  • Porch: Front
  • Appliances: Ceiling Fan(s), Electric Cooktop, Dishwasher, Electric Oven, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Other
  • Living Area: 1123
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Outbuilding(s), Shed(s)
  • New Construction: No
  • Roof: Composition
  • Tax Location: Kannapls/cab
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Driveway, Parking Space - 3

Utilities

  • Heating: Gas Hot Air Furnace, Space Heater, Heat Pump, Natural Gas
  • Sewer: Public Sewer
  • Water Heater: Natural Gas
  • Laundry Features: Main Level
  • Water Source: Public

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.15
  • Lot Size Units: Acres
  • Parcel Number: 5612-78-0720-0000
  • Zoning Description: RM-2

Tax Info

  • RATIO List Price By Tax Amount: 1.48194

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
May 16, 2022
Sold by
Lou Johnson Wanda
Bought by
Campbell Jahniece
Seller's Agent
Bob Lhuillier
Keller Williams Unified
Buyer's Agent
Valerie Belton
VRB Realty LLC
List Price
$190,000
Sold Price
$205,000
Premium/Discount to List
$15,000
7.89%
Total Days on Market
0
Current Estimated Value
$243,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,764
Avg. Annual Appreciation
3.65%

Purchase Details

Listed on
Oct 12, 2019
Closed on
Oct 31, 2019
Sold by
Sinno Marwan and Sinno Nesrin
Bought by
Johnson Wanda Lou and Setzer Alma H
Seller's Agent
Jeremiah Bridges
Better Homes and Gardens Real Estate Paracle
Buyer's Agent
Pamela Langford
Premier South
List Price
$138,000
Sold Price
$131,000
Premium/Discount to List
-$7,000
-5.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.36%
Original Mortgage
$127,070
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2019
Sold by
High Edge Investments Llc
Bought by
Sinno Marwan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,854
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 26, 2019
Sold by
Bowers Franklin Monroe
Bought by
High Edge Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,854
Interest Rate
4.3%
Mortgage Type
Commercial
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
Campbell Jahniece $205,000 Coley Law Firm Pllc
Johnson Wanda Lou $131,000 Master Title Agency
Sinno Marwan $79,000 None Available
High Edge Investments Llc $62,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Wanda Lou $127,070
Previous Owner High Edge Investments Llc $74,854
Previous Owner Bowers Sarah G $34,462
Previous Owner Bowers Sarah G $18,000
Previous Owner Bowers Sarah G $55,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2022 05/16/22 Sold $205,000 +7.9% $183 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $190,000 +45.0% $169 / Sq Ft
11/05/2019 11/05/19 Sold $131,000 -5.1% $114 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
10/12/2019 10/12/19 For Sale $138,000 -- $120 / 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 $2,635 $232,090 $58,000 $174,090
2023 $1,697 $123,890 $28,000 $95,890
2022 $1,756 $128,210 $28,000 $100,210
2021 $878 $128,210 $28,000 $100,210
2020 $1,756 $128,210 $28,000 $100,210
2019 $1,041 $76,010 $14,700 $61,310
2018 $1,026 $76,010 $14,700 $61,310
2017 $1,011 $76,010 $14,700 $61,310
2016 $1,011 $77,230 $16,100 $61,130
2015 $973 $77,230 $16,100 $61,130
2014 $973 $77,230 $16,100 $61,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3851744

Canopy MLS (Canopy Realtor® Association)

APN: 5612-78-0720-0000