Seller's Agent in 2024
Alex Salazar
SA Carolinas Realty Inc
(704) 907-7189
6 in this area
197 Total Sales
1305 Martin Luther King Junior Ave Kannapolis, NC 28083
Estimated Value: $227,000 - $258,734
3
Beds
2
Baths
1,426
Sq Ft
$168/Sq Ft
Est. Value
Highlights
- Corner Lot
- 1-Story Property
- Detached Carport Space
- Jackson Park Elementary School Rated 9+
About This Home
As of June 2024Discover the perfect blend of comfort and convenience in this pristine single-story residence nestled in the heart of downtown Kannapolis. This charming home features three cozy bedrooms, two full modern bathrooms, and an inviting open-plan living space that seamlessly connects to a well-appointed kitchen. This home boasts ample natural light, creating a warm and welcoming atmosphere. The property's thoughtful layout optimizes space and provides the perfect setting for both relaxation and entertaining. Enjoy the ease of downtown living with close proximity to local shops, dining, and entertainment options, all while savoring the peace of a tight-knit community. This house is not just a dwelling but a place to create lasting memories. Step into a residence where convenience meets tranquility!"
Last Agent to Sell the Property
SA Carolinas Realty Inc Brokerage Email: Alex@SACarolinas.com License #291742 Listed on: 03/01/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,832
Year Built
- Built in 1946
Lot Details
- Corner Lot
- Property is zoned RV, R-V
Parking
- Detached Carport Space
Interior Spaces
- 1,426 Sq Ft Home
- 1-Story Property
- Crawl Space
Kitchen
- Electric Oven
- Electric Cooktop
- Dishwasher
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Schools
- Jackson Park Elementary School
- Kannapolis Middle School
- A.L. Brown High School
Utilities
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 5623 26 3916
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 1, 2024
Closed on
Jun 25, 2024
Sold by
Rodriguez Carlos Ricardo Sosa and Reyes Carmen Espinosa
Bought by
Fanous Madgy Rezk and Fanous Rene Said
Seller's Agent
Alex Salazar
SA Carolinas Realty Inc
Buyer's Agent
Elia Faheem
NorthGroup Real Estate LLC
List Price
$245,000
Sold Price
$220,000
Premium/Discount to List
-$25,000
-10.2%
Views
121
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
$19,684
Avg. Annual Appreciation
5.19%
Original Mortgage
$15,000
Outstanding Balance
$14,887
Interest Rate
7.02%
Estimated Equity
$218,299
Purchase Details
Closed on
May 23, 2017
Sold by
Selinger Nancy
Bought by
Rodriguez Carlos R Sosa and Reyes Carmen Fspinosa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
4.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 16, 2014
Sold by
Best Capital Llc
Bought by
Selinger Nancy
Purchase Details
Closed on
Apr 5, 2012
Sold by
Rorie Diana B and Rorie Roy Mack
Bought by
Sterling National Bank
Purchase Details
Closed on
Sep 29, 2000
Sold by
Mack Rorie Roy
Bought by
Rorie Roy Mack and Rorie Diana B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
11.19%
Purchase Details
Closed on
Oct 1, 1993
Bought by
Rorie Roy Mack
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 |
|---|---|---|---|
| Fanous Madgy Rezk | $220,000 | None Listed On Document | |
| Rodriguez Carlos R Sosa | $98,500 | None Available | |
| Selinger Nancy | $66,000 | None Available | |
| Sterling National Bank | $44,000 | None Available | |
| Rorie Roy Mack | -- | -- | |
| Rorie Roy Mack | $39,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fanous Madgy Rezk | $15,000 | |
| Open | Fanous Madgy Rezk | $209,000 | |
| Previous Owner | Rodriguez Carlos R Sosa | $15,000 | |
| Previous Owner | Rorie Roy Mack | $72,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2024 06/28/24 | Sold | $220,000 | -4.3% | $154 / Sq Ft |
| 04/21/2024 04/21/24 | Price Changed | $230,000 | -6.1% | $161 / Sq Ft |
| 03/08/2024 03/08/24 | For Sale | $245,000 | -- | $172 / Sq Ft |
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 |
|---|---|---|---|---|
| 2024 | $1,832 | $161,370 | $50,000 | $111,370 |
| 2023 | $1,270 | $93,980 | $26,000 | $67,980 |
| 2022 | $1,270 | $92,710 | $26,000 | $66,710 |
| 2021 | $1,270 | $92,710 | $26,000 | $66,710 |
| 2020 | $1,270 | $92,710 | $26,000 | $66,710 |
| 2019 | $864 | $63,100 | $9,000 | $54,100 |
| 2018 | $852 | $63,100 | $9,000 | $54,100 |
| 2017 | $839 | $63,100 | $9,000 | $54,100 |
| 2016 | $839 | $76,080 | $15,000 | $61,080 |
| 2015 | -- | $76,080 | $15,000 | $61,080 |
| 2014 | -- | $76,080 | $15,000 | $61,080 |
Source: Public Records
Agents Affiliated with this Home
-
Alex Salazar
-
Elia Faheem
E
Buyer's Agent in 2024
Elia Faheem
NorthGroup Real Estate LLC
(704) 942-4267
1 in this area
35 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4114464
APN: 5623-26-3916-0000
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