NOT LISTED FOR SALE

202 E 5th St Kannapolis, NC 28083

Estimated Value: $253,641 - $274,000

3 Beds
1 Bath
1,401 Sq Ft
$187/Sq Ft Est. Value

Last Sold October 11, 2018

Last sale price $150,000 $107 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,590/month

55 Days on Market

Highlights

  • Wood Flooring
  • Breakfast Bar
  • Kitchen Island
  • Fireplace
  • Shed
  • 1-Story Property

About This Home

As of October 2018

Brand new HVAC, warm gas heat, new granite kitchen counters, new wall oven, new gas cooktop in island, new kitchen floor tile, new carrera marble vanity top and tile backsplash in bathroom, HUGE deck with new decking, new ceiling fans in bedrooms, new wood floor in front room and rest of floors refinished, vinyl windows, fresh paint in all rooms including ceilings. fireplace has not been inspected therefore will assume non functional as a wood burning fireplace. large hall closet is a great space to add 1/2 bath. tax records state 3 bedroom but front 2 rooms do not have closets. closets were not built at the time of construction in this house. all original moldings throughout. storage building in back to remain.

Last Agent to Sell the Property

Laurie Boatright

Venture Realty, LLC License #279998 Listed on: 05/24/2018

Last Buyer's Agent

Katherine Childers

NorthGroup Real Estate LLC License #193154

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • Level Lot
  • Open Lot

Parking

  • Gravel Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Fireplace
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Oven
  • Kitchen Island

Flooring

  • Wood
  • Tile
  • Vinyl

Additional Features

  • Shed
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 5614-81-3839-0000

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.01010
  • Ratio Close Price By Original Li: 0.96837
  • Ratio Current Price By Acre: 681818.18
  • Ratio Current Price By Sq Ft: 107.07
  • Year Built: 1920
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Brick, Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), CO Detector, Cooktop Gas, Dishwasher, Electric Dryer Hookup, Electric Range, Gas Range, Ice Maker Connection, Oven, Refrigerator, Self Cleaning Oven, Wall Oven, Freezer, Electric Oven, Gas Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Breakfast Bar, Kitchen Island
  • Laundry Location: Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1401
  • Total Sq Ft: 1401

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Gravel
  • Parking: Detached Garage, Garage - 1 Car, Parking Space - 2

Utilities

  • Heating: Central Air, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Features: Level, Open Lot
  • Lot Size Area: 0.220
  • Parcel Number: 5614-81-3839-0000
  • Zoning Specification: RV

Tax Info

  • Tax Value: 91230.00
  • Tax Location: Kannapls/cab

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2018
Closed on
Oct 11, 2018
Sold by
A U & Me Properties Llc
Bought by
Jackson Robbie
Seller's Agent
Laurie Boatright
Venture Realty, LLC
Buyer's Agent
Katherine Childers
NorthGroup Real Estate LLC
List Price
$154,900
Sold Price
$150,000
Premium/Discount to List
-$4,900
-3.16%
Current Estimated Value
$261,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,660
Avg. Annual Appreciation
8.22%
Original Mortgage
$120,000
Outstanding Balance
$103,191
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$158,469

Purchase Details

Closed on
Aug 3, 2017
Sold by
Compton Homer David and Compton Kerry Mccorkle
Bought by
4 U & Me Properties Llc

Purchase Details

Closed on
Mar 10, 2014
Sold by
Compton Kerry Mccorkle and Compton Kerry M
Bought by
Compton Homer David

Purchase Details

Closed on
Feb 12, 2009
Sold by
Compton Homer D and Compton Kerry V
Bought by
Compton Homer David and Compton Kerry Mccorkle

Purchase Details

Closed on
Mar 30, 1999
Sold by
Nathan Melvin and Nathan Frances L
Bought by
Compton Homer D and Mccorkle Kerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,178
Interest Rate
6.82%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 1989
Source: Public Records

Range of Values:

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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
Jackson Robbie $150,000 None Available
4 U & Me Properties Llc $58,000 None Available
Compton Homer David -- None Available
Compton Homer David -- None Available
Compton Homer D $68,000 --
-- $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Robbie $120,000
Previous Owner Compton Homer D $67,178
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2018 10/11/18 Sold $150,000 +1.0% $107 / Sq Ft
08/28/2018 08/28/18 Pending -- -- --
08/20/2018 08/20/18 Price Changed $148,500 -2.2% $106 / Sq Ft
08/02/2018 08/02/18 Price Changed $151,900 -1.9% $108 / Sq Ft
07/03/2018 07/03/18 For Sale $154,900 -- $111 / Sq Ft
05/28/2018 05/28/18 Pending -- -- --
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
2025 $2,475 $218,000 $44,000 $174,000
2024 $2,475 $218,000 $44,000 $174,000
2023 $1,740 $127,040 $32,000 $95,040
2022 $1,740 $127,040 $32,000 $95,040
2021 $1,740 $127,040 $32,000 $95,040
2020 $1,740 $127,040 $32,000 $95,040
2019 $1,653 $120,690 $17,000 $103,690
2018 $1,232 $91,230 $17,000 $74,230
2017 $1,213 $91,230 $17,000 $74,230
2016 $1,213 $94,200 $23,000 $71,200
2015 $1,187 $94,200 $23,000 $71,200
2014 $1,187 $94,200 $23,000 $71,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3395514

Canopy MLS (Canopy Realtor® Association)

APN: 5614-81-3839-0000