Seller's Agent in 2021
Ed McAfee
Locus Real Estate Advisors Inc
(704) 795-8818
3 in this area
12 Total Sales
1219 Martin Luther King Ave Kannapolis, NC 28083
Estimated Value: $253,000 - $280,302
3
Beds
2
Baths
1,395
Sq Ft
$188/Sq Ft
Est. Value
Highlights
- Barn
- Wood Flooring
- Separate Outdoor Workshop
- Jackson Park Elementary School Rated 9+
- Walk-In Pantry
- Fireplace
About This Home
As of February 2021Newly remodeled home with new kitchen and bathrooms, newly refinished hardwood floors, new paint and new
appliances. HVAC unit was replaced in 2018. This property was in the rental market prior to the remodel
and brings $1,400/month in income. This can be a wonderful home or a rental income property for your clients. Lot
resurveyed from tax information and new construction built and completed on both sides of the property, check with listing agent for details.
Last Agent to Sell the Property
Locus Real Estate Advisors Inc License #260508 Listed on: 08/13/2020
Home Details
Home Type
- Single Family
Year Built
- Built in 1940
Lot Details
- 0.54
Home Design
- Vinyl Siding
Interior Spaces
- Fireplace
- Window Treatments
- Walk-In Pantry
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
Utilities
- High Speed Internet
- Cable TV Available
Additional Features
- Separate Outdoor Workshop
- Barn
Listing and Financial Details
- Assessor Parcel Number 5623-27-1167-0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 13, 2020
Closed on
Feb 25, 2021
Sold by
Rescarch City Llc
Bought by
Ashley Cathy I and Ashley Yusuf
Seller's Agent
Ed McAfee
Locus Real Estate Advisors Inc
Buyer's Agent
Elnathan Davis
NU World Realty Group
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,576
Avg. Annual Appreciation
10.46%
Original Mortgage
$183,700
Outstanding Balance
$164,674
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$97,902
Purchase Details
Closed on
Mar 30, 2006
Sold by
Kerr Alan V and Kerr Sheila
Bought by
Mcafee Edward and Mcafee Patra
Purchase Details
Closed on
Oct 26, 1999
Sold by
Griggs Hazel Foster
Bought by
Kerr Alan and Kerr Sheila
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,800
Interest Rate
7.81%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ashley Cathy I | $165,000 | None Available | |
| Mcafee Edward | $150,000 | None Available | |
| Kerr Alan | $66,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ashley Cathy I | $183,700 | |
| Previous Owner | Kerr Alan | $70,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/26/2021 02/26/21 | Sold | $165,000 | +3.2% | $118 / Sq Ft |
| 12/06/2020 12/06/20 | Pending | -- | -- | -- |
| 11/15/2020 11/15/20 | Price Changed | $159,900 | -5.9% | $115 / Sq Ft |
| 09/28/2020 09/28/20 | For Sale | $169,900 | 0.0% | $122 / Sq Ft |
| 09/04/2020 09/04/20 | Pending | -- | -- | -- |
| 08/13/2020 08/13/20 | For Sale | $169,900 | 0.0% | $122 / Sq Ft |
| 04/01/2020 04/01/20 | Rented | $1,375 | 0.0% | -- |
| 02/10/2020 02/10/20 | For Rent | $1,375 | -- | -- |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $3,057 | $269,180 | $50,000 | $219,180 |
| 2024 | $3,057 | $269,180 | $50,000 | $219,180 |
| 2023 | $2,211 | $161,410 | $26,000 | $135,410 |
| 2022 | $2,211 | $107,980 | $26,000 | $81,980 |
| 2021 | $1,479 | $107,980 | $26,000 | $81,980 |
| 2020 | -- | $120,980 | $39,000 | $81,980 |
Source: Public Records
Agents Affiliated with this Home
-
Ed McAfee
-
Elnathan Davis
E
Buyer's Agent in 2021
Elnathan Davis
NU World Realty Group
(704) 608-5994
1 in this area
21 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3651667
APN: 5623-27-1243-0000
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