NOT LISTED FOR SALE

1271 Madison Ave Kannapolis, NC 28081

Estimated Value: $296,000 - $317,619

3 Beds
1.5 Baths
1,505 Sq Ft
$204/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $180,000 $120 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,895/month

25 Days on Market

About This Home

As of November 2019

REDUCED!! Great buy!! Looking for peace and quiet but convenient to everything? This is it! Tucked away on dead end street with lots of space. Move-in Ready! NO HOA! All appliances stay. Great room opens into the spacious kitchen with lots of cabinets and breakfast room/den complete with fireplace. Hall and bedrooms have original wood floors. Spacious bathroom with new tilework in shower. Full basement with fireplace makes a great play area for kids and you have plenty of storage space! Large fenced in back yard. Roof is almost new. Located near downtown Kannapolis which is being totally revitalized and the new downtown ballpark which will open next year.. Lots of new shops coming and beautiful new areas for everyone to enjoy. Appliances are sold as is. Also located near Atrium Health Care and a short drive to Concord Mills and Charlotte Motor Speedway. Buyer's agent to verify schools.

Last Agent to Sell the Property

Janis Tucker

Tucker Real Estate Group Inc License #198841 Listed on: 10/11/2019

Co-Listed By

Brandon Farabee

Tucker Real Estate Group Inc License #255979

Last Buyer's Agent

Kim Long

Century 21 Murphy & Rudolph License #171138

Century 21 Murphy & Rudolph

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 0.43

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

Utilities

  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 5613-02-5847-0000

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.97350
  • Ratio Close Price By Original Li: 0.94787
  • Ratio Current Price By Acre: 418604.65
  • Ratio Current Price By Sq Ft: 119.60
  • Year Built: 1965
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cable Prewire, Dryer, Electric Range, Microwave, Electric Oven
  • Fireplace Description: Great Room
  • Flooring: Tile, Wood
  • Laundry Location: Utility Room
  • Room Count: 1
  • Main Level Sq Ft: 1505
  • Total Sq Ft: 1505
  • Sq Ft Unheated Basement: 1505
  • Sq Ft Unheated Total: 1505

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Carport - 1 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Propane
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Gas

Lot Info

  • Lot Dimension: 100 x 188
  • Parcel Number: 5613-02-5847-0000
  • Zoning Specification: RM-2

Tax Info

  • Tax Value: 133320.00
  • Tax Location: Kannapls/cab

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Nov 27, 2019
Sold by
Sides William L and Sides Ashlynn M
Bought by
Barrera Mark
Seller's Agent
Janis Tucker
Tucker Real Estate Group Inc
Buyer's Agent
Kim Long
Century 21 Murphy & Rudolph
List Price
$189,900
Sold Price
$180,000
Premium/Discount to List
-$9,900
-5.21%
Current Estimated Value
$307,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,155
Avg. Annual Appreciation
9.45%
Original Mortgage
$171,000
Outstanding Balance
$150,761
Interest Rate
3.6%
Estimated Equity
$156,394

Purchase Details

Listed on
Apr 5, 2019
Closed on
Jun 10, 2019
Sold by
Rodriguez Nancy Reyes and Fuentes Jorge Perez
Bought by
Sides William L and Sides Ashlynn M
Seller's Agent
Priscilla Batista
Carolina Realty Advisors
Buyer's Agent
Janis Tucker
Tucker Real Estate Group Inc
List Price
$185,000
Sold Price
$185,250
Premium/Discount to List
$250
0.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.93%
Original Mortgage
$185,250
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 11, 2016
Sold by
Greene Ii Gerald G
Bought by
Rodriguez Nancy Reyes and Fuents Jorge Perez

Purchase Details

Closed on
Apr 6, 2001
Sold by
Deyo Craig Steven
Bought by
Greene Ii Gerald G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,100
Interest Rate
7.11%

Purchase Details

Closed on
Aug 1, 1992
Bought by
Deyo Delores B

Purchase Details

Closed on
Nov 1, 1989
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
Barrera Mark $180,000 None Available
Sides William L $185,500 None Available
Rodriguez Nancy Reyes $135,000 None Available
Greene Ii Gerald G $119,000 --
Deyo Delores B $79,000 --
-- $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrera Mark $171,000
Previous Owner Sides William L $185,250
Previous Owner Greene Ii Gerald G $107,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/27/2019 11/27/19 Sold $180,000 -2.7% $120 / Sq Ft
11/05/2019 11/05/19 Pending -- -- --
10/30/2019 10/30/19 Price Changed $184,900 -2.6% $123 / Sq Ft
10/11/2019 10/11/19 For Sale $189,900 +2.5% $126 / Sq Ft
06/10/2019 06/10/19 Sold $185,250 +0.1% $123 / Sq Ft View Prior Sale
04/13/2019 04/13/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $185,000 -- $123 / 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 $3,440 $302,980 $60,000 $242,980
2024 $3,440 $302,980 $60,000 $242,980
2023 $2,426 $177,080 $24,000 $153,080
2022 $2,426 $177,080 $24,000 $153,080
2021 $2,426 $177,080 $24,000 $153,080
2020 $2,426 $177,080 $24,000 $153,080
2019 $1,826 $133,320 $26,600 $106,720
2018 $1,800 $133,320 $26,600 $106,720
2017 $1,773 $133,320 $26,600 $106,720
2016 $1,773 $129,000 $28,000 $101,000
2015 $1,625 $129,000 $28,000 $101,000
2014 $1,625 $129,000 $28,000 $101,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3559222

Canopy MLS (Canopy Realtor® Association)

APN: 5613-02-5847-0000