NOT LISTED FOR SALE

155 Franklin Ave Kannapolis, NC 28081

Estimated Value: $230,000 - $249,000

3 Beds
2 Baths
1,168 Sq Ft
$205/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $225,000 $193 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,471/month

32 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Walk-In Closet
  • Ranch Style House
  • Porch
  • Laundry Room

About This Home

As of August 2024

Welcome to this well maintained 3-bedroom, 2-bathroom ranch style home.

As you step inside, you'll be greeted by beautiful hardwood floors that boasts a comfortable living space. The home features a thoughtfully laid out floor plan that seamlessly connects the living room, dining area, and kitchen, creating an ideal space for entertaining guests.

The kitchen is a highlight of this home, offering ample cabinet storage and countertop space. The primary bedroom provides a peaceful retreat, complete with a beautifully upgraded en-suite bathroom. The two additional bedrooms are perfect for accommodating guests, setting up a home office, or creating a hobby space.

Outside, the property features a picturesque front porch, side deck for relaxing and storage shed.

Located near downtown Kannapolis, this home offers easy access to a variety of local amenities, dining, shopping, and entertainment options.

Last Agent to Sell the Property

Sharon Davis

COMPASS Brokerage Email: sharon.davis@compass.com License #293236 Listed on: 06/24/2024

COMPASS

Last Buyer's Agent

Nancy Braun

Showcase Realty LLC License #183393

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • Back Yard Fenced
  • Property is zoned R8

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,168 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • Westbrook Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5614-11-5654-0000

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1999
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 192.64
  • Geocode Confidence: High
  • Attribution Contact: sharon.davis@compass.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1168
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave
  • Above Grade Finished Sq Ft: 1168
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1168
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced
  • Construction Type: Vinyl
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Electric, Forced Air
  • Sewer: Septic Installed, Sewage Pump
  • Laundry Features: In Kitchen
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Utilities: Cable Available, Electricity Connected
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5614-11-5654-0000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R8

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2024
Closed on
Aug 13, 2024
Sold by
Nance Adam and Nance Jennifer C
Bought by
Rs Rental Iii-B Llc
Seller's Agent
Sharon Davis
COMPASS
Buyer's Agent
Nancy Braun
Showcase Realty LLC
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%
Views
44
Current Estimated Value
$239,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,207
Avg. Annual Appreciation
4.57%

Purchase Details

Closed on
Jul 12, 2015
Sold by
Seabolt Justin D and Seabolt Amanda C
Bought by
Nance Adam and Nance Jennifer C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 2, 2009
Sold by
Carolina Builders Of Cabarrus Inc
Bought by
Seabolt Justin D and Seabolt Amanda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,932
Interest Rate
5.19%
Mortgage Type
FHA

Purchase Details

Closed on
May 19, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Carolina Builders Of Cabarrus Inc

Purchase Details

Closed on
Aug 27, 2008
Sold by
Baldwin Charlie E and Citimortgage Inc
Bought by
Secretary Of Housing & Urban Development
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Rs Rental Iii-B Llc $225,000 Meridian Title
Nance Adam $100,000 None Available
Seabolt Justin D $86,500 None Available
Carolina Builders Of Cabarrus Inc -- None Available
Secretary Of Housing & Urban Development $94,386 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nance Adam $102,000
Previous Owner Seabolt Justin D $84,932
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2024 08/16/24 Sold $225,000 -6.3% $193 / Sq Ft
07/27/2024 07/27/24 Pending -- -- --
07/16/2024 07/16/24 Price Changed $240,000 -4.0% $205 / Sq Ft
06/24/2024 06/24/24 For Sale $250,000 -- $214 / 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 $2,599 $228,870 $48,000 $180,870
2024 $2,599 $228,870 $48,000 $180,870
2023 $1,577 $115,110 $12,800 $102,310
2022 $1,577 $115,110 $12,800 $102,310
2021 $1,577 $115,110 $12,800 $102,310
2020 $1,577 $115,110 $12,800 $102,310
2019 $1,304 $95,160 $7,130 $88,030
2018 $1,285 $95,160 $7,130 $88,030
2017 $1,266 $95,160 $7,130 $88,030
2016 $1,266 $88,620 $11,250 $77,370
2015 $1,117 $88,620 $11,250 $77,370
2014 $1,117 $88,620 $11,250 $77,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4152518

Canopy MLS (Canopy Realtor® Association)

APN: 5614-11-5654-0000