NOT LISTED FOR SALE

1502 Central Dr Kannapolis, NC 28083

Estimated Value: $380,050 - $438,000

5 Beds
3 Baths
2,909 Sq Ft
$139/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $225,000 $77 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,448/month

31 Days on Market

Highlights

  • Wood Flooring
  • Jackson Park Elementary School Rated 9+
  • Wood Burning Fireplace

About This Home

As of July 2018

Rare opportunity to own a completely renovated full brick 1.5 story home with a basement. Located near the new upcoming downtown Kannapolis and the Intimidators ball park and the infamous Lee's Sandwich shop. This home has refinished hardwoods, tile, stainless steel appliances, granite counter tops in kitchen and baths, freshly painted throughout, fenced backyard, recessed lighting, new windows, built in shelving upstairs, custom made mantle in living room. Updated electrical and plumbing. The unfinished basement is great for a workshop or extra storage. Fully updated but still has some of the original characteristics and charm from the 50's.

Last Agent to Sell the Property

Drew Maher

DM Properties & Associates License #278456 Listed on: 06/08/2018

Co-Listed By

Robin Price

DM Properties & Associates License #262166

Last Buyer's Agent

Edwin Wilson

5 Points Realty License #250791

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 9,583

Parking

  • Gravel Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3 Full Bathrooms
  • Wood Burning Fireplace
  • Insulated Windows

Flooring

  • Wood
  • Tile

Listing and Financial Details

  • Assessor Parcel Number 5624-31-6589-0000

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98253
  • Ratio Close Price By Original Li: 0.94142
  • Ratio Current Price By Acre: 1022727.27
  • Ratio Current Price By Sq Ft: 77.35
  • Year Built: 1954
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 828
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Doors and Windows: Insulated Windows
  • Equipment: Cooktop Electric, Dishwasher, Microwave, Self Cleaning Oven
  • Fireplace Description: FAMILYRM, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Basement Shop
  • Laundry Location: Main, Laundry Room
  • Room Count: 3
  • Main Level Sq Ft: 2081
  • Total Sq Ft: 2909
  • Sq Ft Unheated Basement: 1433
  • Sq Ft Unheated Total: 1433

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard
  • 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 Size Area: 0.220
  • Parcel Number: 5624-31-6589-0000
  • Zoning Specification: RM-2

Tax Info

  • Tax Value: 144960.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2018
Closed on
Jul 30, 2018
Sold by
Julian Investments Llc
Bought by
Vangundy Amy Lynn
Seller's Agent
Drew Maher
DM Properties & Associates
Buyer's Agent
Edwin Wilson
5 Points Realty
List Price
$239,000
Sold Price
$225,000
Premium/Discount to List
-$14,000
-5.86%
Current Estimated Value
$404,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,763
Avg. Annual Appreciation
8.44%
Original Mortgage
$213,750
Outstanding Balance
$186,038
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$218,725

Purchase Details

Closed on
Mar 30, 2018
Sold by
Julian James Craig and Julian Lynn Marie
Bought by
Julian Investments Llc

Purchase Details

Listed on
Sep 27, 2017
Closed on
Nov 3, 2017
Sold by
Campbell Debbie A
Bought by
Julian James Craig
Seller's Agent
Gwen Chubirko
Genesis Realty Company
Buyer's Agent
Gwen Chubirko
Genesis Realty Company
List Price
$113,900
Sold Price
$75,000
Premium/Discount to List
-$38,900
-34.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.56%
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
Vangundy Amy Lynn $225,000 None Available
Julian Investments Llc -- None Available
Julian James Craig $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vangundy Amy Lynn $213,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2018 07/27/18 Sold $225,000 -1.7% $77 / Sq Ft
07/10/2018 07/10/18 Pending -- -- --
07/06/2018 07/06/18 Price Changed $229,000 -4.2% $79 / Sq Ft
06/08/2018 06/08/18 For Sale $239,000 +218.7% $82 / Sq Ft
11/06/2017 11/06/17 Sold $75,000 -34.2% $38 / Sq Ft View Prior Sale
10/24/2017 10/24/17 Pending -- -- --
09/27/2017 09/27/17 For Sale $113,900 -- $57 / 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 $3,902 $343,680 $52,000 $291,680
2024 $3,902 $343,680 $52,000 $291,680
2023 $3,152 $230,070 $32,000 $198,070
2022 $3,042 $222,060 $32,000 $190,060
2021 $3,042 $222,060 $32,000 $190,060
2020 $3,042 $222,060 $32,000 $190,060
2019 $2,625 $191,570 $12,600 $178,970
2018 $1,957 $144,960 $12,600 $132,360
2017 $964 $144,960 $12,600 $132,360
2016 $964 $140,840 $16,200 $124,640
2015 $887 $140,840 $16,200 $124,640
2014 $887 $140,840 $16,200 $124,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3395264

Canopy MLS (Canopy Realtor® Association)

APN: 5624-31-6589-0000