NOT LISTED FOR SALE

1305 Bailey St Kannapolis, NC 28081

Estimated Value: $206,350 - $278,000

3 Beds
1 Bath
1,395 Sq Ft
$171/Sq Ft Est. Value

Last Sold September 20, 2016

Last sale price $53,000 $38 Per Sq Ft

Est. 349% increase in value since last sale

Current estimated payment $1,416/month

78 Days on Market

Highlights

  • 0.7 Acre Lot
  • Central Air
  • Storm Doors
  • Covered Patio or Porch
  • Floor Furnace
  • Asbestos

About This Home

As of September 2016

Home is priced for the do it Yourself Person. Nice location near Hwy 3., shopping, medical and restaurants. Large lot extends from Hwy. 3 to Bailey Street. Home needs some work to bring out the hidden quality. Check closets to see what the floors could look like if cleaned and finished. Master bedroom already has finished flooring. Lot extends thru trees to Hwy. 3 with parking in front of home on Bailey Street. Basement has concrete flooring with a garage door entrance at the end. This would make a great workshop.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 0.7 Acre Lot
  • Lot Dimensions are 125'x231 x85x115x20x149
  • Property fronts an interstate
  • Possible uses of the property include Residential

Home Design

  • Composition Roof
  • Asbestos

Interior Spaces

  • 1,395 Sq Ft Home
  • Basement
  • Exterior Basement Entry
  • Storm Doors
  • Range Hood

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Floor Furnace
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 3983

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0.7 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1953
  • Inclusions: Building
  • Restrictions: No Restrictions,Other - See Remarks
  • Road Frontage Type: Interstate
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Sq Ft Unheated Basement: 1395
  • Possible Use: Residential
  • Appliances: Exhaust Hood, Refrigerator
  • Has Basement: Exterior Entry
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Living Area: 1395

Exterior Features

  • Roof: Composition
  • Road Frontage: 125
  • Construction Type: Asbestos, Other - See Remarks
  • Patio And Porch Features: Covered, Front Porch, Rear Porch

Garage/Parking

  • Garage Yn: No

Utilities

  • Heating: Floor Furnace, Oil
  • Sewer: Public Sewer, Other - See Remarks
  • Cooling: Central Air
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Lake On Property
  • Lot Size Units: Acres
  • Parcel Number: 3983
  • Zoning: R
  • Lot Size Acres: 0.7
  • Lot Size: 125'X231 X85X115X20X149
  • Lot Size Sq Ft: 30492
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2016
Closed on
Sep 21, 2016
Sold by
Ernest Calvin Brock
Bought by
Glynn Brian
List Price
$62,900
Sold Price
$53,000
Premium/Discount to List
-$9,900
-15.74%
Current Estimated Value
$238,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,088
Avg. Annual Appreciation
17.13%
Original Mortgage
$42,000
Outstanding Balance
$33,623
Interest Rate
3.5%
Estimated Equity
$204,465
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

Date Buyer Sale Price Title Company
Glynn Brian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glynn Brian $42,000
Closed Glynn Brian --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2016 12/20/16 Off Market $53,000 -- --
09/20/2016 09/20/16 Sold $53,000 -15.7% $38 / Sq Ft
07/05/2016 07/05/16 Pending -- -- --
04/18/2016 04/18/16 For Sale $62,900 -- $45 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,136 $188,140 $40,000 $148,140
2024 $2,136 $188,140 $40,000 $148,140
2023 $1,402 $102,330 $16,000 $86,330
2022 $1,402 $102,330 $16,000 $86,330
2021 $1,402 $102,330 $16,000 $86,330
2020 $1,402 $102,330 $16,000 $86,330
2019 $1,168 $85,230 $11,200 $74,030
2018 $1,151 $85,230 $11,200 $74,030
2017 $1,134 $85,230 $11,200 $74,030
2016 $1,134 $82,040 $12,000 $70,040
2015 $1,034 $82,040 $12,000 $70,040
2014 $1,034 $82,040 $12,000 $70,040
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R58704

Canopy MLS (Canopy Realtor® Association)

APN: 5613-07-3983-0000

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