NOT LISTED FOR SALE

2501 Florida Ave Kannapolis, NC 28083

Estimated Value: $256,487 - $265,000

3 Beds
2 Baths
1,542 Sq Ft
$169/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $240,000 $156 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,566/month

77 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Laundry Room
  • Wood Flooring
  • Rear Porch
  • Central Heating

About This Home

As of August 2022

What a deal! Come take a tour of this tidy home with a good flow, and a split floor plan. The original carport was converted to a bedroom by previous owners, but there is plenty of parking in the driveway. Wood floors are present in several rooms. Back yard has a nice chain link fence and 10'x30' deck off dining room. This home has good bones and some pretty cool features-such as a tankless water heater (pictured in media section!). Home is "as is" and new price reflects this. Set your appointment today as this one won't last long!

Last Agent to Sell the Property

Lisa Bowman

Emerald Pointe Realty License #226409 Listed on: 05/16/2022

Last Buyer's Agent

Andrew Shearer

Shearer Realty Inc. License #226863

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • Lot Dimensions are 97'x153'
  • Fenced
  • Corner Lot
  • Zoning described as RV

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,542 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Electric Range
  • Laundry Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • 1 to 5 Parking Spaces

Outdoor Features

  • Deck
  • Rear Porch

Utilities

  • Central Heating
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • Royal Oaks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5622-16-7682-0000

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0.35 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1968
  • Ratio Current Price By Acre: 705882.35
  • Road Surface Type: Gravel
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 155.64
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Vinyl, Wood
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1542
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Back,Deck
  • Appliances: Ceiling Fan(s), Electric Range, Natural Gas
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1542
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fence
  • New Construction: No
  • Construction Status: Complete
  • Tax Location: Kannapls/cab
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway, Parking Space - 4+

Utilities

  • Heating: Central, Heat Pump, Natural Gas
  • Sewer: Public Sewer
  • Water Heater: g-On-Demand Water Heater
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Units: Acres
  • Parcel Number: 5622-16-7682-0000
  • Lot Size: 97'x153'
  • Zoning Description: RV

Tax Info

  • RATIO List Price By Tax Amount: 1.87688

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
Aug 1, 2022
Sold by
James Ellison
Bought by
Emerson Patrick L and Emerson Barbara A
Seller's Agent
Lisa Bowman
Emerald Pointe Realty
Buyer's Agent
Andrew Shearer
Shearer Realty Inc.
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Current Estimated Value
$259,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,872
Avg. Annual Appreciation
2.22%
Original Mortgage
$216,000
Outstanding Balance
$206,942
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$52,930

Purchase Details

Closed on
Nov 20, 2007
Sold by
Stuart Deborah Evans and Evans William Donald
Bought by
Stuart Paul E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 1986
Bought by
Stuart Paul E and Stuart Deborah E

Purchase Details

Closed on
Jul 1, 1982
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Emerson Patrick L $240,000 Coley Law Firm Pllc
Stuart Paul E -- None Available
Stuart Paul E $46,000 --
-- $37,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emerson Patrick L $216,000
Previous Owner Stuart Paul E $82,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2022 08/01/22 Sold $240,000 -4.0% $156 / Sq Ft
06/24/2022 06/24/22 Price Changed $250,000 0.0% $162 / Sq Ft
06/24/2022 06/24/22 For Sale $250,000 -10.7% $162 / Sq Ft
06/06/2022 06/06/22 For Sale $279,900 +16.6% $182 / Sq Ft
06/02/2022 06/02/22 Off Market $240,000 -- --
06/02/2022 06/02/22 Price Changed $279,900 -6.7% $182 / Sq Ft
05/16/2022 05/16/22 For Sale $300,000 -- $195 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,570 $226,360 $47,000 $179,360
2024 $2,570 $226,360 $47,000 $179,360
2023 $1,794 $130,960 $28,000 $102,960
2022 $1,825 $133,200 $28,000 $105,200
2021 $1,825 $133,200 $28,000 $105,200
2020 $1,825 $133,200 $28,000 $105,200
2019 $1,353 $98,730 $20,000 $78,730
2018 $1,333 $98,730 $20,000 $78,730
2017 $1,313 $98,730 $20,000 $78,730
2016 $1,313 $89,870 $22,500 $67,370
2015 $1,132 $89,870 $22,500 $67,370
2014 $1,132 $89,870 $22,500 $67,370
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Lisa Bowman

    Emerald Pointe Realty

    (704) 202-9423

    1 in this area

    40 Total Sales

    Lisa Bowman
    Section Image

  • A

    Buyer's Agent in 2022

    Andrew Shearer

    Shearer Realty Inc.

    (704) 968-5788

    1 in this area

    54 Total Sales

    Andrew Shearer
    Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3861321

Canopy MLS (Canopy Realtor® Association)

APN: 5622-16-7682-0000

North Carolina Cabarrus County Kannapolis 28083

2501 Florida Ave, Kannapolis, NC

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS (Canopy Realtor® Association) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.