NOT LISTED FOR SALE

118 Mary St Kannapolis, NC 28081

Estimated Value: $284,644 - $314,000

4 Beds
2 Baths
1,899 Sq Ft
$155/Sq Ft Est. Value

Last Sold July 09, 2020

Last sale price $189,000 $100 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,855/month

13 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Level Lot
  • Separate Outdoor Workshop
  • Bungalow

About This Home

As of July 2020

Have you been waiting on the prettiest bungalow in Kannapolis to come on the market? If so THIS IS IT! Gorgeous remodel was just completed on this 4 bedroom 2 bath home - prepare to WOWED when you walk into this 1900 s.f. beauty! Wood floors throughout, cozy living room with built-ins and a fireplace, nice sized dining room and a great kitchen with stainless steel appliances. Storage/garage/workshop in the back. Just minutes to the Research Campus, Village Park, Cannon Ballers Stadium, The Historic Gem Theatre, and all that Kannapolis has to offer. The convenient location is perfect for those commuting to Concord, Charlotte or Mooresville. Save thousands on your home loan with Keller Mortgage. Seller will pay towards closing costs with an acceptable offer.

Last Agent to Sell the Property

Sheila Sadighi

Keller Williams Premier License #169553 Listed on: 05/09/2020

Keller Williams Premier

Last Buyer's Agent

Doretha Hoke

Divine Homes & Investments License #39257

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 0.31

Home Design

  • Bungalow

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Wood Flooring
  • Crawl Space

Additional Features

  • Separate Outdoor Workshop
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 159081

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Bungalow
  • Ratio Close Price By List Price: 0.99526
  • Ratio Close Price By Original Li: 0.96923
  • Ratio Current Price By Acre: 609677.42
  • Ratio Current Price By Sq Ft: 99.53
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 504
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Refrigerator
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Wood
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1395
  • Total Sq Ft: 1899

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Workshop

Garage/Parking

  • Driveway: Earth
  • Parking: Detached Garage

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 Dimension: 76x180x75x180
  • Lot Features: Level
  • Lot Size Area: 0.310
  • Parcel Number: 159081
  • Zoning Specification: Res

Tax Info

  • Tax Value: 60480.00
  • Tax Location: Kannapls/row

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2020
Closed on
Jul 8, 2020
Sold by
Jlj Investment Enterprise Llc
Bought by
Ellison Demarcus A and Robinson Ellison Shalette
Seller's Agent
Sheila Sadighi
Keller Williams Premier
Buyer's Agent
Doretha Hoke
Divine Homes & Investments
List Price
$195,000
Sold Price
$189,000
Premium/Discount to List
-$6,000
-3.08%
Current Estimated Value
$294,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,161
Avg. Annual Appreciation
9.10%
Original Mortgage
$185,576
Outstanding Balance
$164,923
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$129,238

Purchase Details

Closed on
Nov 22, 2019
Sold by
Josey Larry Joe and Josey Barbara Phifer
Bought by
Jlj Investment Enterprise Inc

Purchase Details

Closed on
Jun 17, 2014
Sold by
Bullins Joann S
Bought by
Josey Larry Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000
Interest Rate
4.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 25, 2014
Sold by
Williams Cynthia B and Williams Stuart R
Bought by
Bullins Joann S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000
Interest Rate
4.36%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Ellison Demarcus A $189,000 None Available
Jlj Investment Enterprise Inc $31,000 None Available
Josey Larry Joe $16,000 None Available
Bullins Joann S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellison Demarcus A $185,576
Previous Owner Jlj Investment Enterprise Inc $47,000
Previous Owner Josey Larry Joe $8,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2020 07/09/20 Sold $189,000 -0.5% $100 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
05/21/2020 05/21/20 Price Changed $189,900 -2.6% $100 / Sq Ft
05/09/2020 05/09/20 For Sale $195,000 -- $103 / 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 $2,922 $241,478 $23,850 $217,628
2024 $2,922 $241,478 $23,850 $217,628
2023 $2,922 $241,478 $23,850 $217,628
2022 $779 $60,480 $19,875 $40,605
2021 $779 $60,480 $19,875 $40,605
2020 $779 $60,480 $19,875 $40,605
2019 $779 $60,480 $19,875 $40,605
2018 $748 $58,746 $19,875 $38,871
2017 $748 $58,746 $19,875 $38,871
2016 $748 $58,746 $19,875 $38,871
2015 $801 $58,746 $19,875 $38,871
2014 $767 $61,341 $18,285 $43,056
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3619593

Canopy MLS (Canopy Realtor® Association)

APN: 159-081