NOT LISTED FOR SALE

2411 Summit Ave Kannapolis, NC 28081

Estimated Value: $171,745 - $224,000

2 Beds
1 Bath
897 Sq Ft
$221/Sq Ft Est. Value

Last Sold June 02, 2017

Last sale price $77,000 $86 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $1,170/month

150 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Shed
  • Wood Flooring

About This Home

As of June 2017

Awesome Opportunity!!!! DONT MISS your chance to own 2 homes for the price of 1! Remodeled in 2004. Main house (897 sg ft) has 2 BR/1 BA,hardwoods. Separate guest home (573 SF) has 1BR/1BA. Spacious lot with storage unit.
Second home has its on address 2406 Brookview

Both homes getting pressure washed on Friday. Don't miss this great opportunity!!

Last Agent to Sell the Property

Jolet Thomas

Team Thomas & Associates Realty Inc. License #256675 Listed on: 11/21/2016

Co-Listed By

Leslie Harrison

Team Thomas & Associates Realty Inc. License #218724

Last Buyer's Agent

Jolet Thomas

Team Thomas & Associates Realty Inc. License #256675 Listed on: 11/21/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 7,405

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • Insulated Windows
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Additional Features

  • Shed
  • Corner Lot

Listing and Financial Details

  • Assessor Parcel Number 160064

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.87500
  • Ratio Close Price By Original Li: 0.86517
  • Ratio Current Price By Acre: 452941.18
  • Ratio Current Price By Sq Ft: 85.84
  • Year Built: 1940
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Electric Range, Refrigerator, Electric Oven
  • Flooring: Vinyl, Carpet, Wood
  • Laundry Location: Main
  • Room Count: 2
  • Second Living Quarters: Guest House
  • Second Living Quarters Hla: 573
  • Main Level Sq Ft: 897
  • Total Sq Ft: 897

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Window Unit
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.170
  • Parcel Number: 160064
  • Zoning: Residential
  • Zoning Specification: Resident

Tax Info

  • Tax Value: 68741.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2016
Closed on
May 22, 2017
Sold by
11 Asset Development Llc
Bought by
Weiss Anthony Cullen
Seller's Agent
Jolet Thomas
Team Thomas & Associates Realty Inc.
Buyer's Agent
Jolet Thomas
Team Thomas & Associates Realty Inc.
List Price
$89,000
Sold Price
$77,000
Premium/Discount to List
-$12,000
-13.48%
Current Estimated Value
$197,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,936
Avg. Annual Appreciation
12.00%
Original Mortgage
$57,750
Outstanding Balance
$47,854
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$150,082

Purchase Details

Closed on
Nov 29, 2005
Sold by
Novak Stephen and Novak Taisa E
Bought by
11 Asset Development Llc

Purchase Details

Closed on
Mar 22, 2005
Sold by
Harrington Charles W and Harrington Gail B
Bought by
Novak Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,200
Interest Rate
5.54%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 27, 2004
Sold by
Citifinancial Mortgage Co Inc
Bought by
Harrington Charles W and Harrington Gail B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.01%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 27, 2004
Sold by
Massey Mattie Sue Strickland
Bought by
Citifinancial Mortgage Co Inc and Associates Home Equity Services Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Weiss Anthony Cullen $77,000 None Available
11 Asset Development Llc -- None Available
Novak Stephen $78,000 --
Harrington Charles W $21,500 --
Citifinancial Mortgage Co Inc $22,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weiss Anthony Cullen $57,750
Previous Owner Novak Stephen $62,200
Previous Owner Harrington Charles W $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2017 06/02/17 Sold $77,000 -13.5% $86 / Sq Ft
04/20/2017 04/20/17 Pending -- -- --
11/21/2016 11/21/16 For Sale $89,000 -- $99 / 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 $1,449 $119,753 $22,725 $97,028
2024 $1,449 $119,753 $22,725 $97,028
2023 $1,449 $119,753 $22,725 $97,028
2022 $1,084 $84,218 $17,675 $66,543
2021 $1,084 $84,218 $17,675 $66,543
2020 $1,084 $84,218 $17,675 $66,543
2019 $1,084 $84,218 $17,675 $66,543
2018 $875 $68,741 $17,675 $51,066
2017 $875 $68,741 $17,675 $51,066
2016 $875 $68,741 $17,675 $51,066
2015 $888 $68,741 $17,675 $51,066
2014 $845 $67,567 $13,130 $54,437
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3232767

Canopy MLS (Canopy Realtor® Association)

APN: 160-064