NOT LISTED FOR SALE

1703 Independence Square Kannapolis, NC 28081

Estimated Value: $305,000 - $319,563

3 Beds
1.5 Baths
1,700 Sq Ft
$183/Sq Ft Est. Value

Last Sold August 11, 2022

Last sale price $275,000 $162 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,893/month

3 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Wood Flooring
  • Wood Burning Stove
  • Ranch Style House
  • Corner Lot

About This Home

As of August 2022

Come view this adorable 3 bedroom, 1.5 bath ranch home with a basement, that is on a large corner lot and located in the established Village Greene neighborhood. Cozy up by the wood burning fireplace in the colder months or grill on the back deck during warmer days. The nice big back yard is a perfect place for entertaining. The wired, detached garage/workshop is located at the end of the driveway leaving plenty of room for parking. Updates include a new HVAC, a two year old water heater, newer hardwood floors, windows and vinyl siding. This home is in a fantastic location only minutes from downtown Kannapolis, where you can enjoy the new revitalization. Also, there are lots of shopping centers nearby, including a Sam's Club, Walmart, Lowe's, and Academy Sports, with tons of dining options to feed the entire family. Schedule your showing today!

Last Agent to Sell the Property

Nicole Redmond

NorthGroup Real Estate LLC Brokerage Email: nickyredmond2@gmail.com License #302407 Listed on: 06/28/2022

NorthGroup Real Estate LLC

Last Buyer's Agent

Carol Grochmal

Keller Williams Unlimited License #81464

Keller Williams Unlimited

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 100x185
  • Corner Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned RM-1, RM1

Parking

  • 1 Car Detached Garage
  • Basement Garage
  • Garage Door Opener
  • Driveway
  • 4 Open Parking Spaces

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Insulated Windows
  • Insulated Doors
  • Living Room with Fireplace
  • Recreation Room with Fireplace

Kitchen

  • Breakfast Bar
  • Electric Range
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Crawl Space

Home Security

  • Home Security System
  • Storm Doors

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Shady Brook Elementary School
  • Kannapolis Middle School
  • A.L. Brown High School

Utilities

  • Central Heating
  • Heat Pump System
  • Community Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Village Green Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5602-98-4937-0000

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0.42 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1978
  • Restrictions: Other - See Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 161.76
  • Attribution Contact: nickyredmond2@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Linoleum, Wood
  • Interior Amenities: Breakfast Bar, Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1305
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 56
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 56
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Exhaust Hood
  • Above Grade Finished Sq Ft: 1305
  • Has Basement: Basement, Exterior Entry, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 395
  • Door Features: Insulated Door(s), Storm Door(s)
  • Fireplace Features: Insert, Living Room, Recreation Room, Wood Burning, Wood Burning Stove, Other - See Remarks
  • Living Area: 1700
  • Window Features: Insulated Window(s)
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Vinyl
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway, Detached Garage, Garage Door Opener, Parking Space(s)

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Laundry Closet, Main Level
  • Security: Security System
  • Cooling: Ceiling Fan(s), Heat Pump
  • Water Source: Community Well

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Association: No

Schools

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

Lot Info

  • Lot Features: Corner Lot, Level, Sloped, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 5602-98-4937-0000
  • Zoning: RM1
  • Plat Reference Section Pages: 17/70
  • Lot Size Acres: 0.42
  • Lot Size: 100x185
  • Lot Size Sq Ft: 18295
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RM-1

MLS Schools

  • Elementary School: Shady Brook
  • High School: A.L. Brown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2022
Closed on
Aug 11, 2022
Sold by
Suter Michael T
Bought by
Bowers Matthew J and Minchin Katarina E
Seller's Agent
Nicole Redmond
NorthGroup Real Estate LLC
Buyer's Agent
Carol Grochmal
Keller Williams Unlimited
List Price
$259,900
Sold Price
$275,000
Premium/Discount to List
$15,100
5.81%
Current Estimated Value
$311,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,391
Avg. Annual Appreciation
3.50%
Original Mortgage
$266,750
Outstanding Balance
$255,406
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$55,985

Purchase Details

Closed on
Feb 11, 2000
Sold by
Sullivan Johnnie F and Sullivan Marsha H
Bought by
Suter Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,705
Interest Rate
8.11%
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
Bowers Matthew J $275,000 Candice L Shepard Shepard Law
Suter Michael T $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowers Matthew J $266,750
Previous Owner Suter Michael T $98,705
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2022 08/11/22 Sold $275,000 +5.8% $162 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $259,900 -- $153 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $3,279 $288,780 $75,000 $213,780
2024 $3,279 $288,780 $75,000 $213,780
2023 $2,137 $156,000 $31,250 $124,750
2022 $2,037 $148,660 $31,250 $117,410
2021 $2,037 $148,660 $31,250 $117,410
2020 $2,037 $148,660 $31,250 $117,410
2019 $1,666 $121,610 $21,850 $99,760
2018 $1,642 $121,610 $21,850 $99,760
2017 $1,617 $121,610 $21,850 $99,760
2016 $1,617 $119,180 $23,000 $96,180
2015 $1,502 $119,180 $23,000 $96,180
2014 $1,502 $119,180 $23,000 $96,180
Source: Public Records

Agents Affiliated with this Home

  • Nicole Redmond

    Seller's Agent in 2022

    Nicole Redmond

    NorthGroup Real Estate LLC

    (704) 791-3374

    9 in this area

    116 Total Sales

    Nicole Redmond
    Section Image
  • Carol Grochmal

    Buyer's Agent in 2022

    Carol Grochmal

    Keller Williams Unlimited

    (704) 281-6839

    2 in this area

    86 Total Sales

    Carol Grochmal
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3877320

Canopy MLS (Canopy Realtor® Association)

APN: 5602-98-4937-0000

North Carolina Cabarrus County Kannapolis 28081

1703 Independence Square, Kannapolis, NC

Not Listed for Sale

Detached

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Canopy MLS (Canopy Realtor® Association) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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