NOT LISTED FOR SALE

1212 Milton Ave Kannapolis, NC 28081

Estimated Value: $186,000 - $214,000

2 Beds
1 Bath
875 Sq Ft
$227/Sq Ft Est. Value

Last Sold May 10, 2018

Last sale price $50,000 $57 Per Sq Ft

Est. 298% increase in value since last sale

Current estimated payment $1,222/month

59 Days on Market

Highlights

  • Fireplace
  • Storm Doors
  • Level Lot
  • Shed

About This Home

As of May 2018

Investment Property to add to your portfolio! Convenient location, close to downtown and the NC Research Campus. Owner said to bring all offers!!

Last Agent to Sell the Property

Josh Phillips

EXP Realty LLC License #289992 Listed on: 01/26/2018

EXP Realty LLC

Last Buyer's Agent

Bernie Kaminsky

Golf Realty, Inc License #191844

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1934

Lot Details

  • 7,405

Parking

  • Gravel Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • Fireplace
  • Crawl Space
  • Storm Doors

Additional Features

  • Shed
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 5613-42-5655-0000

Home Details

Home Type

Single Family

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.83335
  • Ratio Close Price By Original Li: 0.71531
  • Ratio Current Price By Acre: 294117.65
  • Ratio Current Price By Sq Ft: 57.14
  • Year Built: 1934
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Doors and Windows: Storm Door(s)
  • Equipment: Ceiling Fan(s), Cable Prewire, Dishwasher, Electric Dryer Hookup, Electric Range, Microwave, Electric Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Interior Amenities: Pantry
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 875
  • Total Sq Ft: 875

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Dimension: 50x144x50x149
  • Lot Features: Level
  • Lot Size Area: 0.170
  • Parcel Number: 5613-42-5655-0000
  • Zoning Specification: RM-2

Tax Info

  • Tax Value: 59270.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2018
Closed on
May 10, 2018
Sold by
Sherrill William J and Sherrill Okeya Hollis
Bought by
Bukhari Sarfarz
Seller's Agent
Josh Phillips
EXP Realty LLC
Buyer's Agent
Bernie Kaminsky
Golf Realty, Inc
List Price
$69,900
Sold Price
$50,000
Premium/Discount to List
-$19,900
-28.47%
Current Estimated Value
$198,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,815
Avg. Annual Appreciation
19.38%
Original Mortgage
$37,500
Outstanding Balance
$23,668
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$158,528

Purchase Details

Closed on
Aug 6, 2014
Sold by
Suggs W George and Suggs Barbara L
Bought by
Sherrill William J

Purchase Details

Closed on
May 15, 2008
Sold by
Sherrill William J
Bought by
Suggs W George and Suggs Barbara L

Purchase Details

Closed on
May 13, 2003
Sold by
Kerley Danny and Kerley Georgann S
Bought by
Sherrill William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,047
Interest Rate
5.76%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 1, 1980
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
Bukhari Sarfarz $50,000 None Available
Sherrill William J -- None Available
Suggs W George -- None Available
Sherrill William J $52,500 --
-- $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bukhari Sarfarz $37,500
Previous Owner Sherrill William J $37,047
Previous Owner Sherrill Georgann Suggs $34,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2018 05/10/18 Sold $50,000 -28.5% $57 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
01/26/2018 01/26/18 For Sale $69,900 -- $80 / 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 $1,650 $145,340 $53,000 $92,340
2023 $787 $57,430 $32,000 $25,430
2022 $787 $57,430 $32,000 $25,430
2021 $787 $57,430 $32,000 $25,430
2020 $787 $57,430 $32,000 $25,430
2019 $812 $59,270 $15,200 $44,070
2018 $800 $59,270 $15,200 $44,070
2017 $788 $59,270 $15,200 $44,070
2016 $788 $61,470 $16,000 $45,470
2015 $775 $61,470 $16,000 $45,470
2014 $775 $61,470 $16,000 $45,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3354711

Canopy MLS (Canopy Realtor® Association)

APN: 5613-42-5655-0000