NOT LISTED FOR SALE

208 Lowe Ave Kannapolis, NC 28083

Estimated Value: $83,000 - $212,000

1 Bed
1 Bath
648 Sq Ft
$223/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $27,000 $42 Per Sq Ft

Est. 435% increase in value since last sale

Current estimated payment $844/month

136 Days on Market

About This Home

As of August 2018

Improved Price! Great Investment Opportunity. 1BR/1Bath with established rental income history. Sold AS IS!

Last Agent to Sell the Property

Justin Boston

Horizon Realty Carolinas License #287963 Listed on: 04/06/2018

Last Buyer's Agent

Tina Anderson

EXP Realty LLC License #301197

EXP Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 4,792

Interior Spaces

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

Listing and Financial Details

  • Assessor Parcel Number 5613-97-0748-0000

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: 0.77143
  • Ratio Close Price By Original Li: 0.60000
  • Ratio Current Price By Acre: 245454.55
  • Ratio Current Price By Sq Ft: 41.67
  • Year Built: 1930
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 648
  • Total Sq Ft: 648

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Earth
  • Parking: Parking Space - 2

Utilities

  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Size Area: 0.110
  • Parcel Number: 5613-97-0748-0000
  • Zoning Specification: RV

Tax Info

  • Tax Value: 31170.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2020
Sold by
Olivares Jime and Alvarez Yolanda Medina
Bought by
Olivares Jaime
Current Estimated Value
$144,474

Purchase Details

Listed on
Apr 6, 2018
Closed on
Aug 24, 2018
Sold by
Tortorice Dominick and Tortorice Christi A
Bought by
Olivares Jaime and Medina Yolanda
Seller's Agent
Justin Boston
Horizon Realty Carolinas
Buyer's Agent
Tina Anderson
EXP Realty LLC
List Price
$45,000
Sold Price
$27,000
Premium/Discount to List
-$18,000
-40%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.40%

Purchase Details

Closed on
Sep 21, 2007
Sold by
Hanson Michael Kirk and Hanson Cynthia
Bought by
Tortorice Dominick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2001
Sold by
Forbis Clinton S and Forbis Lavada P
Bought by
Hanson Michael Kirk and Hanson Cynthia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.59%
Mortgage Type
Seller Take Back
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
Olivares Jaime -- None Available
Olivares Jaime $27,000 None Available
Tortorice Dominick $41,000 None Available
Hanson Michael Kirk $117,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tortorice Dominick $32,000
Previous Owner Hanson Michael Kirk $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $27,000 -22.9% $42 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
07/27/2018 07/27/18 Price Changed $35,000 -22.2% $54 / Sq Ft
04/06/2018 04/06/18 For Sale $45,000 -- $69 / 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 $1,028 $90,540 $40,000 $50,540
2024 $1,028 $90,540 $40,000 $50,540
2023 $709 $51,750 $26,000 $25,750
2022 $701 $51,190 $26,000 $25,190
2021 $701 $51,190 $26,000 $25,190
2020 $701 $51,190 $26,000 $25,190
2019 $427 $31,170 $7,000 $24,170
2018 $421 $31,170 $7,000 $24,170
2017 $415 $31,170 $7,000 $24,170
2016 $415 $32,120 $9,000 $23,120
2015 $405 $32,120 $9,000 $23,120
2014 $405 $32,120 $9,000 $23,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3376368

Canopy MLS (Canopy Realtor® Association)

APN: 5613-97-0748-0000