NOT LISTED FOR SALE

2407 S Ridge Ave Kannapolis, NC 28083

Estimated Value: $214,000 - $226,000

3 Beds
1 Bath
1,050 Sq Ft
$210/Sq Ft Est. Value

Last Sold November 02, 2021

Last sale price $179,900 $171 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,364/month

24 Days on Market

About This Home

As of November 2021

Great location on S. Ridge Ave in Kannapolis & sits rights across from a church. Border of Concord & Kannapolis. Be at the Carolina Mall in five minutes or downtown Kannapolis in five minutes. Five minutes to I-85, Highway 29 or Main Street. Home has been a rental but ready for a new owner. Brand new HVAC heat pump installed in Oct, 2020. Great outdoor living with rocking chair front porch and brick fire pit with seating area. Three Bedrooms with laminate floor. No carpet in home. Home sold as is.

Last Agent to Sell the Property

Scott Byrne

Byrne Properties, Inc. License #205461 Listed on: 09/12/2021

Last Buyer's Agent

Jessica Bruzdzinski

Coldwell Banker- CK Select License #316536

Coldwell Banker- CK Select

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • 0.27

Home Design

  • Ranch Style House
  • Vinyl Siding

Additional Features

  • Laminate Flooring
  • 1 Full Bathroom
  • Crawl Space
  • Shed

Listing and Financial Details

  • Assessor Parcel Number 56128626560000

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.89995
  • Ratio Current Price By Acre: 647122.30
  • Ratio Current Price By Sq Ft: 171.33
  • Year Built: 1935
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Electric Oven, Electric Dryer Hookup, Microwave, Refrigerator
  • Flooring: Laminate Wood
  • Laundry Location: Main
  • Room Count: 1
  • Sq Ft Additional: 240
  • Main Level Sq Ft: 1050
  • Total Sq Ft: 1050

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Earth
  • Parking: Parking Space - 4+

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimension: 105x114x105x117
  • Lot Size Area: 0.278
  • Parcel Number: 56128626560000
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 99097.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2021
Closed on
Nov 2, 2021
Sold by
Byrne Jodi K and Byrne Dann Charles
Bought by
Rothwell Steven
Seller's Agent
Scott Byrne
Byrne Properties, Inc.
Buyer's Agent
Jessica Bruzdzinski
Coldwell Banker- CK Select
List Price
$199,900
Sold Price
$179,900
Premium/Discount to List
-$20,000
-10.01%
Current Estimated Value
$220,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,729
Avg. Annual Appreciation
5.49%
Original Mortgage
$184,037
Outstanding Balance
$169,096
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$51,533

Purchase Details

Closed on
Jun 17, 2008
Sold by
Hsbc Mortgage Services Inc
Bought by
Byrne Jodi K

Purchase Details

Closed on
Apr 11, 2008
Sold by
Barbee Randy S and Nettleton Teresa
Bought by
Hsbc Mortgage Services Inc

Purchase Details

Closed on
Mar 24, 2008
Sold by
Shipp Aaron and Shipp Sophia
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Dec 1, 2005
Sold by
Neal Tim and Neal Lynn
Bought by
Barbee Randy S and Nettleton Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
9.16%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 28, 2004
Sold by
Arnette Roger Dale
Bought by
Neal Tim and Neal Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
5.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 1998
Sold by
Collins Marvin Lee
Bought by
Arnette Roger Dale and Arnette Patricia Neal
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
Rothwell Steven $180,000 Fidelity National Title
Byrne Jodi K $50,000 None Available
Hsbc Mortgage Services Inc $68,860 None Available
Deutsche Bank National Trust Co $64,134 None Available
Barbee Randy S $68,000 --
Neal Tim $56,000 Chicago Title Insurance Comp
Arnette Roger Dale $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rothwell Steven $184,037
Previous Owner Barbee Randy S $68,000
Previous Owner Neal Tim $50,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2021 11/02/21 Sold $179,900 0.0% $171 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
09/27/2021 09/27/21 Price Changed $179,900 -5.3% $171 / Sq Ft
09/16/2021 09/16/21 Price Changed $189,900 -5.0% $181 / Sq Ft
09/12/2021 09/12/21 For Sale $199,900 -- $190 / 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
2024 $2,046 $180,170 $51,000 $129,170
2023 $1,320 $96,340 $33,000 $63,340
2022 $1,320 $96,340 $33,000 $63,340
2021 $1,320 $96,340 $33,000 $63,340
2020 $1,320 $96,340 $33,000 $63,340
2019 $934 $68,140 $20,000 $48,140
2018 $920 $68,140 $20,000 $48,140
2017 $906 $68,140 $20,000 $48,140
2016 $906 $69,080 $20,000 $49,080
2015 $870 $69,080 $20,000 $49,080
2014 $870 $69,080 $20,000 $49,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3785025

Canopy MLS (Canopy Realtor® Association)

APN: 5612-86-2656-0000