NOT LISTED FOR SALE

306 Loop Rd N Kannapolis, NC 28081

Estimated Value: $206,000 - $255,000

2 Beds
1 Bath
1,301 Sq Ft
$176/Sq Ft Est. Value

Last Sold June 12, 2019

Last sale price $120,000 $92 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,382/month

8 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • 1-Story Property
  • Corner Lot

About This Home

As of June 2019

Newly renovated corner lot property with a beautiful view of the Kannapolis Research Center. Renovations include new paint and trim installed throughout the home including cabinets, doors, walls and ceilings. The home has also had a new ceiling fan installed and new vanity light and mirror fixtures in the bathroom. The property has new carpet flooring in the bedrooms and new vinyl flooring in the kitchen and original hardwood in the living room. Also the kitchen has a Island Table. Lastly a completely new front deck. This property has NO HOA.

Under Contract- Show. Bring Back Up Offers.

Last Agent to Sell the Property

Edouard Alvarez

Edouard Alvarez License #308446 Listed on: 05/04/2019

Last Buyer's Agent

Jennifer Jewell

Giving Tree Realty License #289883

Giving Tree Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1914

Lot Details

  • Corner Lot

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

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

Flooring

  • Wood
  • Carpet
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 149324

Home Details

Home Type

Single Family

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.85714
  • Ratio Close Price By Original Li: 0.85714
  • Ratio Current Price By Acre: 480000.00
  • Ratio Current Price By Sq Ft: 92.24
  • Year Built: 1914
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Electric Dryer Hookup, Electric Range, Refrigerator, Freezer, Electric Oven
  • Flooring: Carpet, Vinyl, Wood
  • Laundry Location: Main
  • Room Count: 1
  • Sq Ft Additional: 152
  • Main Level Sq Ft: 1301
  • Total Sq Ft: 1301

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway, On-Street Parking

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalk

Schools

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

Lot Info

  • Lot Dimension: Per Survey
  • Lot Features: Corner Lot
  • Lot Size Area: 0.250
  • Parcel Number: 149324
  • Zoning Specification: RA

Tax Info

  • Tax Value: 114665.00
  • Tax Location: Kannapls/row

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2019
Closed on
Jun 12, 2019
Sold by
Martingale Holdings Iv Llc
Bought by
Mason Sharon S and Coffey Michael Wayne
Seller's Agent
Edouard Alvarez
Edouard Alvarez
Buyer's Agent
Jennifer Jewell
Giving Tree Realty
List Price
$140,000
Sold Price
$120,000
Premium/Discount to List
-$20,000
-14.29%
Current Estimated Value
$228,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,879
Avg. Annual Appreciation
10.65%
Original Mortgage
$97,680
Outstanding Balance
$85,885
Interest Rate
4.1%
Mortgage Type
FHA
Estimated Equity
$142,994

Purchase Details

Closed on
Sep 14, 2005
Sold by
Lofty Bruce E and Lofty Hammond R
Bought by
Martingale Holdings Iv Llc

Purchase Details

Closed on
Jan 25, 2005
Sold by
Seeker John Alton and Seeker Donna Ruth
Bought by
Lofty B and Lofty Hammond R
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
Mason Sharon S $120,000 None Available
Martingale Holdings Iv Llc $92,000 --
Lofty B $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mason Sharon S $97,680
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2019 06/12/19 Sold $120,000 -14.3% $92 / Sq Ft
05/12/2019 05/12/19 Pending -- -- --
05/04/2019 05/04/19 For Sale $140,000 0.0% $108 / Sq Ft
12/16/2013 12/16/13 Rented $625 0.0% --
12/16/2013 12/16/13 For Rent $625 -- --
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 $2,183 $180,433 $59,195 $121,238
2024 $2,183 $180,433 $59,195 $121,238
2023 $1,092 $180,433 $59,195 $121,238
2022 $738 $114,665 $49,329 $65,336
2021 $1,476 $114,665 $49,329 $65,336
2020 $738 $114,665 $49,329 $65,336
2019 $1,476 $114,665 $49,329 $65,336
2018 $1,281 $100,630 $49,329 $51,301
2017 $1,281 $100,630 $49,329 $51,301
2016 $1,281 $100,630 $49,329 $51,301
2015 $1,301 $100,630 $49,329 $51,301
2014 $1,183 $94,649 $40,824 $53,825
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3503634

Canopy MLS (Canopy Realtor® Association)

APN: 149-324