NOT LISTED FOR SALE

2502 & 2504 Ridge Ave Unit 5 Kannapolis, NC 28083

4 Beds
4 Baths
2,001 Sq Ft
0.29 Acres

Last Sold December 28, 2018

Last sale price $212,500 $106 Per Sq Ft

11 Days on Market

Highlights

  • Fruit Trees
  • Storage Room
  • Level Lot
  • Lawn

About This Home

As of December 2018

Beautiful duplex's. Nestled away in Kannapolis. Great location, close to everything, 2 min from I 85 shopping restaurants, grocery stores, and more. Open floor plan. Freshly painted. Newer flooring throughout home. Duplex's are being SOLD together. Current rent $895 for one unit. This building is two units 2506 & 2508=$219,900 & 2502 & 2504 S Ridge $219,900=$439,800.Duplex next door is also 2 units. Perfect for investor who wants steady positive cash flow. Great income. All 4 units come with washer, dryer, refrigerators, stove and microwave. SOLD AS IS...

Last Agent to Sell the Property

Tracy Rowland

Tracy Rowland Real Estate Inc. License #219230 Listed on: 11/10/2018

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2004

Lot Details

  • Level Lot
  • Fruit Trees
  • Many Trees
  • Lawn

Home Design

  • Duplex
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Storage Room
  • Laminate Flooring

Listing and Financial Details

  • Tenant pays for all utilities, electric heat, garbage pick-up, interior common lights, water
  • Rent includes exterior maintenance
  • Assessor Parcel Number 5612-86-0492-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ratio Close Price By List Price: 0.96635
  • Ratio Close Price By Original Li: 0.96635
  • Ratio Current Price By Acre: 732758.62
  • Ratio Current Price By Sq Ft: 106.20
  • Year Built: 2004
  • Property Features: Attic Other, Cable Available, Dishwasher, Disposal, Porch/Patio, Range/Oven, Refrigerator
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Cable Prewire, Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Electric Oven
  • Flooring: Carpet, Laminate Wood
  • Laundry Location: Main
  • Sq Ft Additional: 200
  • Total Sq Ft: 2001

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance, Storage Unit

Garage/Parking

  • Driveway: Asphalt
  • 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 Features: Fruit Trees, Level, Trees
  • Lot Size Area: 0.290
  • Parcel Number: 5612-86-0492-0000
  • Plat Reference Section Pages: 1
  • Zoning Specification: RC

Rental Info

  • Rent Includes: Exterior Maintenance
  • Tenant Pays: All Utilities, Electric Heat, Garbage Pick-up, Interior Common Lights, Water

Tax Info

  • Tax Value: 141620.00
  • Tax Location: Kannapls/cab

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Range of Values:

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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $212,500 -3.4% $106 / Sq Ft
11/21/2018 11/21/18 Pending -- -- --
11/10/2018 11/10/18 For Sale $219,900 -- $110 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3451622

Canopy MLS (Canopy Realtor® Association)