NOT LISTED FOR SALE

159 Franklin Ave Kannapolis, NC 28081

Estimated Value: $56,000 - $309,000

0.5 Acre
$404,000 Price per Acre
21,780 Sq Ft Lot

Last Sold October 25, 2018

Last sale price $6,000

Est. 3,267% increase in value since last sale

Current estimated payment $1,132/month

2 Days on Market

About This Lot

As of October 2018

Nice parcel of land in growing area of Kannapolis. Close to research campus, Village Park, great opportunity for investment and future appreciation.

Last Agent to Sell the Property

Nathalie Fabbricatore

Fathom Realty NC LLC License #275832 Listed on: 10/07/2018

Fathom Realty NC LLC

Last Buyer's Agent

Marcela Sierra

Celia Estrada, REALTORS License #297609

Property Details

Property Type

  • Land

Lot Details

Listing and Financial Details

  • Assessor Parcel Number 5614-12-4070-0000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 12000.00
  • Restrictions: No Representation
  • Special Features: None

Utilities

  • Sewer: Septic Tank
  • Water: City Water

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Size Area: 0.500
  • Parcel Number: 5614-12-4070-0000
  • Zoning Specification: RV
  • Plat Reference Section Pages: 308

Tax Info

  • Tax Value: 11400.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2018
Closed on
Oct 25, 2018
Sold by
Leap Property Group Llc
Bought by
Ugarte Vences Veronica
Seller's Agent
Nathalie Fabbricatore
Fathom Realty NC LLC
Buyer's Agent
Marcela Sierra
Celia Estrada, REALTORS
List Price
$6,000
Sold Price
$6,000
Current Estimated Value
$202,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,000
Avg. Annual Appreciation
60.39%

Purchase Details

Closed on
Jul 6, 2018
Sold by
Linn Bobbye S
Bought by
Leap Property Group Llc

Purchase Details

Closed on
Feb 18, 1998
Sold by
Linn Bobbye Steele and Linn Robert A
Bought by
Mullis Sammy R and Mullis Brenda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
6.95%
Mortgage Type
Construction
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
Ugarte Vences Veronica $6,000 None Available
Leap Property Group Llc $2,500 None Available
Mullis Sammy R $7,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mullis Sammy R $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2018 10/25/18 Sold $6,000 0.0% --
10/09/2018 10/09/18 Pending -- -- --
10/07/2018 10/07/18 For Sale $6,000 -- --
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
2024 $654 $57,600 $57,600 $0
2023 $210 $15,360 $15,360 $0
2022 $210 $15,360 $15,360 $0
2021 $210 $15,360 $15,360 $0
2020 $210 $15,360 $15,360 $0
2019 $156 $11,400 $11,400 $0
2018 $154 $11,400 $11,400 $0
2017 $152 $11,400 $11,400 $0
2016 $152 $18,000 $18,000 $0
2015 $227 $18,000 $18,000 $0
2014 $227 $18,000 $18,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3441557

Canopy MLS (Canopy Realtor® Association)

APN: 5614-12-4070-0000