NOT LISTED FOR SALE
4 Beds
4 Baths
2,048 Sq Ft
2019 Built

Sale Details

Date Sold: April 8, 2022

Last sale price $355,500 $174 Per Sq Ft

4 Days on Market

About This Home

As of April 2022

Great investment property located right near downtown Kannapolis.

Last Agent to Sell the Property

Jade Ross

Premier Real Estate Team Inc. License #313795 Listed on: 03/07/2022

Last Buyer's Agent

Rita Goforth

Keller Williams Ballantyne Area License #309837

Keller Williams Ballantyne Area
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2019

Home Design

  • Duplex
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,048 Sq Ft Home
  • Living Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • Driveway
  • 1 to 5 Parking Spaces

Utilities

  • Heat Pump System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 5614-11-5225-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 2019

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Year Built: 2019
  • Ratio Current Price By Acre: 1225862.07
  • Structure Type: Duplex
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fixture Exception Yn: 0
  • Room Other: Bathroom(s),Bedroom(s),Kitchen,Living Room
  • Appliances: Dishwasher, Electric Range, Microwave
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 2048
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Total Sq Ft: 1024
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Total Sq Ft: 1024

Exterior Features

  • New Construction: No
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway, Parking Space - 4+

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5614-11-5225-0000
  • Zoning Description: RV

Rental Info

  • Rent Includes: See Remarks
  • Tenant Pays: All Utilities
  • Pets Allowed: Conditional

Tax Info

  • RATIO List Price By Tax Amount: 1.97912

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2022
Closed on
Apr 8, 2022
Sold by
Summit Blue Llc
Bought by
Seller's Agent
Jade Ross
Premier Real Estate Team Inc.
Buyer's Agent
Rita Goforth
Keller Williams Ballantyne Area
List Price
$329,900
Sold Price
$355,500
Premium/Discount to List
$25,600
7.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,750
Outstanding Balance
$277,052
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2020
Sold by
Pp & I Llc
Bought by
Summitt Blue Llc

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
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
May 31, 2019
Sold by
James Robert Preddy Estates
Bought by
Love Jeremy Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2019
Sold by
Phillips Angela W and Phillips Herman Ray
Bought by
Pp & I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1983
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Kannapolis, NC

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$355,500 Statewide Title
Summitt Blue Llc -- None Available
Love Jeremy Andrew $140,000 None Available
Pp & I Llc $20,000 None Available
-- $7,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $301,750
Closed Jones Dustin $301,750
Previous Owner Summitt Blue Llc $150,000
Previous Owner Love Jeremy Andrew $112,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/08/2022 04/08/22 Sold $355,500 +7.8% $174 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $329,900 -- $161 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 -- $378,700 $72,000 $306,700
2025 $4,300 $378,700 $72,000 $306,700
2024 $4,300 $378,700 $72,000 $306,700
2023 $2,284 $166,690 $19,200 $147,490
2022 $2,284 $166,690 $19,200 $147,490
2021 $2,284 $166,690 $19,200 $147,490
2020 $1,706 $124,510 $19,200 $105,310
2019 $143 $10,450 $10,450 $0
2018 $141 $10,450 $10,450 $0
2017 $139 $10,450 $10,450 $0
2016 $139 $16,500 $16,500 $0
2015 $208 $16,500 $16,500 $0
2014 $208 $16,500 $16,500 $0
Source: Public Records

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Map

Source: Canopy MLS

MLS Number: 3820132

Canopy MLS
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