$120,000 - $251,000
RENTED APR 18, 2025

1603 Pennsylvania Ave Kannapolis, NC 28083

3 Beds
2 Baths
1,184 Sq Ft
$159 Price per Sq Ft

Last Sold June 22, 2021

Last sale price $85,000 $72 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,067/month

Highlights

  • Covered Patio or Porch
  • Bungalow
  • Central Air
  • Laundry Room
  • 1-Story Property

About This Home

As of April 2025

Welcome to an exceptional opportunity in the thriving city of Kannapolis! Ideally situated just minutes from downtown, this property offers unbeatable convenience with easy access to shopping, dining, and entertainment. It’s also just a short walk to the Kannapolis Ballpark, making it perfect for sports enthusiasts, and offers quick access to I-85, Concord Hospital, and other key medical facilities. The location, combined with its proximity to major amenities, makes it an ideal choice for anyone seeking a well-rounded, accessible lifestyle in a rapidly growing community. Don’t miss out on this fantastic opportunity—contact us today for more information or to schedule a tour!

Last Agent to Rent the Property

Kamal Dawra

K.M.D. Realty Inc. Brokerage Email: re@kmdrealty.com License #222585 Listed on: 11/11/2024

Last Renter's Agent

Kamal Dawra

K.M.D. Realty Inc. Brokerage Email: re@kmdrealty.com License #222585 Listed on: 11/11/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,402

Year Built

  • Built in 1935

Lot Details

  • 3,920

Home Design

  • Bungalow

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • On-Street Parking

Schools

  • Forest Park Elementary School
  • Northwest Cabarrus Middle School
  • A.L. Brown High School

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Covered Patio or Porch
  • Property is zoned C-2

Listing and Financial Details

  • Security Deposit $1,550
  • Property Available on 11/11/24
  • Tenant pays for all utilities
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 5623-00-8864-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,402

Year Built

Built in 1935

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities
  • Furnished: Unfurnished
  • Pets Allowed: Conditional
  • Smoking Allowed Yn: 0
  • Lease Term: 12 Months
  • Available Date: 2024-11-11
  • Security Deposit: 1550
  • Application Fee: 50

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1935
  • Road Surface Type: Dirt, Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: ResidentialLease
  • Property Sub Type Additional: Other
  • Geocode Confidence: High
  • Attribution Contact: re@kmdrealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Entry Level: 1
  • Fireplace: No
  • Interior Amenities: Attic Other
  • Sq Ft Unheated Total: 0
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bedroom Main: 3
  • Room Count: 7
  • Move In Fee: 0

Exterior Features

  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

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

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Northwest Cabarrus
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.09
  • Lot Size Units: Acres
  • Parcel Number: 5623-00-8864-0000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: C-2

MLS Schools

  • Elementary School: Forest Park
  • High School: A.L. Brown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2024
Sold by
San Lian and San Sarah
Bought by
Lian San and Lian Sarah San
Current Estimated Value
$174,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$149,151
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$39,372

Purchase Details

Listed on
May 14, 2021
Closed on
Jun 18, 2021
Sold by
Perez Walter and Perez Olga
Bought by
Investear Llc
Seller's Agent
Wojtek Lachowski
EXP Realty LLC
Buyer's Agent
Luke Vanore
United Investexusa 19 LLC
List Price
$115,000
Sold Price
$85,000
Premium/Discount to List
-$30,000
-26.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.10%

Purchase Details

Listed on
May 14, 2021
Closed on
Jun 15, 2021
Sold by
Investear Llc
Bought by
San Lian
Seller's Agent
Wojtek Lachowski
EXP Realty LLC
Buyer's Agent
Luke Vanore
United Investexusa 19 LLC
List Price
$115,000
Sold Price
$85,000
Premium/Discount to List
-$30,000
-26.09%

Purchase Details

Listed on
Aug 26, 2020
Closed on
Oct 9, 2020
Sold by
U S Bank Trust Na
Bought by
Perez Walter
Seller's Agent
Scott Hooks
Home Ventures Realty
Buyer's Agent
Rob Johnson
RE/MAX Results
List Price
$74,900
Sold Price
$65,000
Premium/Discount to List
-$9,900
-13.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.70%

Purchase Details

Closed on
Aug 5, 2020
Sold by
Watts Christopher R
Bought by
U S Bank Trust Na and Lsf11 Master Participation Trusts

Purchase Details

Closed on
Aug 28, 2007
Sold by
Jones Michael P
Bought by
Watts Christopher Randall and Watts Tenille Pethel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.63%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 18, 2007
Sold by
Jones Michael P
Bought by
Watts Christopher Randall and Watts Tenille Pethel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.63%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 26, 2000
Sold by
Norwest Bank Minnesota
Bought by
Ray Johnson Realty Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,432
Interest Rate
8.12%

Purchase Details

Closed on
Jan 4, 2000
Sold by
Bush L E
Bought by
Norwest Bank Minnesota
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lian San -- None Listed On Document
Investear Llc $85,000 None Available
San Lian $93,500 None Available
Perez Walter $65,000 None Available
U S Bank Trust Na $86,000 None Available
Watts Christopher Randall $30,450 None Available
Watts Christopher Randall $30,450 None Available
Ray Johnson Realty Inc $17,500 --
Norwest Bank Minnesota $34,369 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lian San $150,000
Previous Owner Watts Christopher R $80,000
Previous Owner Ray Johnson Realty Inc $39,432
Previous Owner Bush L E $29,734
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Rented $1,500 -3.2% --
12/09/2024 12/09/24 Price Changed $1,550 -6.1% $1 / Sq Ft
11/11/2024 11/11/24 For Rent $1,650 0.0% --
06/22/2021 06/22/21 Sold $85,000 -15.0% $79 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/19/2021 05/19/21 Price Changed $100,000 -13.0% $93 / Sq Ft
05/14/2021 05/14/21 For Sale $115,000 +76.9% $107 / Sq Ft
10/09/2020 10/09/20 Sold $65,000 -7.0% $61 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
09/15/2020 09/15/20 Price Changed $69,900 +1.3% $65 / Sq Ft
09/15/2020 09/15/20 Price Changed $69,000 -7.9% $64 / Sq Ft
08/26/2020 08/26/20 For Sale $74,900 -- $70 / 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 $1,402 $123,500 $28,200 $95,300
2023 $746 $54,460 $30,240 $24,220
2022 $746 $54,460 $30,240 $24,220
2021 $746 $54,460 $30,240 $24,220
2020 $746 $54,460 $30,240 $24,220
2019 $677 $49,440 $25,920 $23,520
2018 $667 $49,440 $25,920 $23,520
2017 $658 $49,440 $25,920 $23,520
2016 -- $43,960 $17,280 $26,680
2015 $554 $43,960 $17,280 $26,680
2014 $554 $43,960 $17,280 $26,680
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4194161

Canopy MLS (Canopy Realtor® Association)

APN: 5623-00-8864-0000