NOT LISTED FOR SALE

203 N East Ave Kannapolis, NC 28083

Estimated Value: $249,126 - $264,000

2 Beds
1 Bath
1,254 Sq Ft
$207/Sq Ft Est. Value

Last Sold July 16, 2019

Last sale price $149,000 $119 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,614/month

About This Home

As of July 2019

Beautiful remodeled home blocks away from downtown Kannapolis. Home features refinished hardwood floors, new updated kitchen, new bathroom, new HVAC, and much more. Easy access to Lane St., HWY 29, Exit 63 I85.

Last Agent to Sell the Property

Jeremy ALDRIDGE

Lantern Realty & Development, LLC License #306776 Listed on: 06/05/2019

Lantern Realty & Development, LLC

Last Buyer's Agent

Lynnette Gearing

Lantern Realty & Development, LLC License #306394

Lantern Realty & Development, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 8,276

Home Design

  • Vinyl Siding

Parking

  • Gravel Driveway
  • Shared Driveway

Additional Features

  • 1 Full Bathroom
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 5614-70-6435-0000

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.95056
  • Ratio Close Price By Original Li: 0.95056
  • Ratio Current Price By Acre: 784210.53
  • Ratio Current Price By Sq Ft: 118.82
  • Year Built: 1930
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Dishwasher, Disposal, Microwave, Exhaust Hood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1254
  • Total Sq Ft: 1254

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel, Shared
  • Parking: Driveway, On-Street Parking

Utilities

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

Schools

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

Lot Info

  • Lot Size Area: 0.190
  • Parcel Number: 5614-70-6435-0000
  • Zoning Specification: RV

Tax Info

  • Tax Value: 68520.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2019
Closed on
Jul 15, 2019
Sold by
Out Of Ashos Properties Llc
Bought by
Compton Wendy
Seller's Agent
Jeremy ALDRIDGE
Lantern Realty & Development, LLC
Buyer's Agent
Lynnette Gearing
Lantern Realty & Development, LLC
List Price
$156,750
Sold Price
$149,000
Premium/Discount to List
-$7,750
-4.94%
Current Estimated Value
$259,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,782
Avg. Annual Appreciation
9.27%
Original Mortgage
$146,301
Outstanding Balance
$129,282
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$130,500

Purchase Details

Closed on
Feb 15, 2019
Sold by
Atlantic American Properties Inc
Bought by
Out Of Ashes Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,300
Interest Rate
4.4%
Mortgage Type
Purchase Money 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 Buyer Sale Price Title Company
Compton Wendy $149,000 Investors Title Insurance Co
Out Of Ashes Properties Llc $28,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Compton Wendy $146,301
Previous Owner Out Of Ashes Properties Llc $60,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2019 07/16/19 Sold $149,000 -4.9% $119 / Sq Ft
06/05/2019 06/05/19 Pending -- -- --
06/05/2019 06/05/19 For Sale $156,750 -- $125 / 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
2025 $2,893 $254,740 $44,000 $210,740
2024 $2,893 $254,740 $44,000 $210,740
2023 $1,976 $144,210 $32,000 $112,210
2022 $1,976 $144,210 $32,000 $112,210
2021 $1,976 $144,210 $32,000 $112,210
2020 $1,976 $144,210 $32,000 $112,210
2019 $939 $68,520 $15,300 $53,220
2018 $925 $68,520 $15,300 $53,220
2017 $911 $68,520 $15,300 $53,220
2016 $911 $70,570 $20,700 $49,870
2015 $889 $70,570 $20,700 $49,870
2014 $889 $70,570 $20,700 $49,870
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jeremy ALDRIDGE

    Lantern Realty & Development, LLC

    (704) 773-0722

    10 in this area

    46 Total Sales

    Jeremy ALDRIDGE
    Section Image
  • Lynnette Gearing

    Buyer's Agent in 2019

    Lynnette Gearing

    Lantern Realty & Development, LLC

    (704) 699-6902

    10 in this area

    89 Total Sales

    Lynnette Gearing
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3515870

Canopy MLS (Canopy Realtor® Association)

APN: 5614-70-6435-0000

North Carolina Cabarrus County Kannapolis 28083

203 N East Ave, Kannapolis, NC

This home is located at 203 N East Ave, Kannapolis, NC 28083 since 05 June 2019 and is currently estimated at $259,782, approximately $207 per square foot. This property was built in 1930. 203 N East Ave is a home located in Cabarrus County with nearby schools including North Kannapolis Elementary School, Kannapolis Middle, and A.L. Brown High School.

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