$45,000
SOLD FEB 6, 2018

1601 N Main St Kannapolis, NC 28081

3 Beds
2 Baths
1,500 Sq Ft
0.29 Acres

Recently Sold

$30 Per Sq Ft

31% Below List Price

71 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Corner Lot

About This Home

As of July 2018

This is not a foreclosure. It is a fixer upper. Owner is selling as is no repairs will be made. Cash only

Last Agent to Sell the Property

Donna Keziah

Carolina Piedmont Properties License #187723 Listed on: 11/03/2017

Last Buyer's Agent

Glenn Schubert

L&E Properties License #290115

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923

Home Design

  • Traditional Architecture
  • Vinyl Siding

Flooring

  • Wood
  • Vinyl

Additional Features

  • 2 Full Bathrooms
  • Crawl Space
  • Corner Lot

Listing and Financial Details

  • Assessor Parcel Number 159065

Home Details

Home Type

Single Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.91837
  • Ratio Close Price By Original Li: 0.69231
  • Ratio Current Price By Acre: 155172.41
  • Ratio Current Price By Sq Ft: 30.00
  • Year Built: 1923
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Storm Window(s)
  • Flooring: Vinyl, Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1500
  • Total Sq Ft: 1500

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Earth
  • Parking: Driveway

Utilities

  • Heating: Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Kannapolis
  • High School: A.L. Brown

Lot Info

  • Lot Dimension: 72x197x68x179
  • Lot Features: Corner Lot
  • Lot Size Area: 0.290
  • Parcel Number: 159065
  • Plat Reference Section Pages: 205
  • Zoning: SFR
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 84696.00
  • Tax Location: Kannapls/row

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2018
Closed on
Jul 16, 2018
Sold by
Revere Property Investments Llc
Bought by
Aldrich Sharon and Aldrich Anthony
Seller's Agent
Glenn Schubert
L&E Properties
Buyer's Agent
Ricky Emert
NorthGroup Real Estate LLC
List Price
$144,900
Sold Price
$140,000
Premium/Discount to List
-$4,900
-3.38%
Current Estimated Value
$245,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,418
Avg. Annual Appreciation
7.95%
Original Mortgage
$140,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 3, 2017
Closed on
Feb 6, 2018
Sold by
Hoell William J and Hoell Cynthia B
Bought by
Revere Property Investments Llc
Seller's Agent
Donna Keziah
Carolina Piedmont Properties
Buyer's Agent
Glenn Schubert
L&E Properties
List Price
$65,000
Sold Price
$45,000
Premium/Discount to List
-$20,000
-30.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1219.05%
Original Mortgage
$72,400
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Type Sale Price Title Company
Warranty Deed $140,000 None Available
Warranty Deed $45,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $47,700 Credit Line Revolving
Open $165,000 New Conventional
Closed $140,000 Adjustable Rate Mortgage/ARM
Previous Owner $72,400 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2018 07/16/18 Sold $140,000 -3.4% $91 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $144,900 +222.0% $94 / Sq Ft
02/06/2018 02/06/18 Sold $45,000 -30.8% $30 / Sq Ft
01/13/2018 01/13/18 Pending -- -- --
11/03/2017 11/03/17 For Sale $65,000 -- $43 / 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
2024 $1,867 $154,289 $52,582 $101,707
2023 $1,867 $154,289 $52,582 $101,707
2022 $1,306 $101,430 $43,818 $57,612
2021 $1,306 $101,430 $43,818 $57,612
2020 $1,306 $101,430 $43,818 $57,612
2019 $1,306 $101,430 $43,818 $57,612
2018 $1,078 $84,696 $43,818 $40,878
2017 $1,078 $84,696 $43,818 $40,878
2016 $1,078 $84,696 $43,818 $40,878
2015 $1,095 $84,696 $43,818 $40,878
2014 $657 $52,562 $38,340 $14,222
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3335488

Canopy MLS (Canopy Realtor® Association)

APN: 159-065