NOT LISTED FOR SALE
14 Beds
8 Baths
1,888 Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: July 23, 2024

Last sale price $700,000 $371 Per Sq Ft

50 Days on Market

About This Home

As of July 2024

Calling All Investors!!! INSTANT income-producing properties close to the revitalized uptown Kannapolis area. It consists of one apartment building (12 Jordan Ln) with three units. One unit has two bedrooms and one bath and the other two are one bedroom and one bath. There are three single-family homes (513 Broad St, 515 Broad St, and 4 Jordan Ln) each having 2 bedrooms and one bath. There are two trailers (2 Jordan Ln and 6 Jordan Ln) each having two bedrooms and one bath. There are a total of eight rental units currently being rented. The seller would prefer selling all the properties together but will consider selling 515 Broad St, 513 Broad St, and the trailer behind it in one transaction and then 4 Jordan Ln, 12 Jordan Ln, and the trailer behind it in another transaction. Trailers are considered personal property.

Last Agent to Sell the Property

Melissa Hilton

Real Broker, LLC Brokerage Email: ncrealtormelissahilton@gmail.com License #339137 Listed on: 04/16/2024

Real Broker, LLC

Last Buyer's Agent

Susanna Hollingsworth

Keller Williams Premier License #298288

Keller Williams Premier

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 6,970

Interior Spaces

  • Living Room
  • Crawl Space
  • Electric Dryer Hookup

Kitchen

  • Gas Oven
  • Gas Cooktop

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 8 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Petrea Heights Subdivision

Listing and Financial Details

  • The owner pays for - see remarks
  • Assessor Parcel Number 5613-37-6187-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Portfolio
  • Year Built: 1930
  • Road Surface Type: Gravel, Concrete
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: ncrealtormelissahilton@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Room Other: Primary Bedroom,Bedroom(s),Bathroom(s),Kitchen,Living Room
  • Appliances: Gas Cooktop, Gas Oven
  • Owner Pays: Other - See Remarks
  • Basement YN: No
  • Full Bathrooms: 8
  • Total Bedrooms: 14

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Aluminum

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup
  • 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 Units: Acres
  • Parcel Number: 5613-37-6187-0000
  • Zoning: R8
  • Additional Parcels Description: 5613-37-6017-0000,5613-37-7018-0000,5613-37-7102-0000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RV

Rental Info

  • Tenant Pays: Other
  • Pets Allowed: No

Multi Family

  • Number Of Units Total: 8

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

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

Listed on
Apr 16, 2024
Closed on
Jul 23, 2024
Sold by
Bought by
Seller's Agent
Melissa Hilton
Real Broker, LLC
Buyer's Agent
Susanna Hollingsworth
Keller Williams Premier
List Price
$810,000
Sold Price
$700,000
Premium/Discount to List
-$110,000
-13.58%
Views
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
0.0699%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Apr 16, 2024
Closed on
Jul 8, 2024
Sold by
Bought by
Seller's Agent
Melissa Hilton
Real Broker, LLC
Buyer's Agent
Susanna Hollingsworth
Keller Williams Premier
List Price
$810,000
Sold Price
$700,000
Premium/Discount to List
-$110,000
-13.58%
Views
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
0.0699%
Mortgage Type
Seller Take Back
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$400,000 Fidelity National Title
-- None Listed On Document
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
Open $400,000
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
07/23/2024 07/23/24 Sold $700,000 -11.4% $371 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
05/09/2024 05/09/24 Price Changed $790,000 -2.5% $418 / Sq Ft
04/16/2024 04/16/24 For Sale $810,000 -- $429 / 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
2025 $1,663 $146,480 $46,000 $100,480
2024 -- $146,480 $46,000 $100,480
2023 $846 $61,740 $20,000 $41,740
2022 $846 $61,740 $20,000 $41,740
2021 $846 $61,740 $20,000 $41,740
2020 $846 $61,740 $20,000 $41,740
2019 $707 $51,580 $8,250 $43,330
2018 $696 $51,580 $8,250 $43,330
2017 $686 $51,580 $8,250 $43,330
2016 $686 $83,640 $11,250 $72,390
2015 $1,054 $83,640 $11,250 $72,390
2014 $1,054 $83,640 $11,250 $72,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: 4129577

Canopy MLS
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