NOT LISTED FOR SALE

308 Spring Garden Ave Kannapolis, NC 28081

Estimated Value: $204,000 - $239,000

2 Beds
1 Bath
976 Sq Ft
$229/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $143,000 $147 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,231/month

23 Days on Market

About This Home

As of March 2020

Elegantly renovated 2 bedroom/1 bathroom home in desirable Kannapolis! The farmhouse inspired design is gorgeous inside and out. Features include: stunning vaulted ceilings with custom built beams in the main living area, open concept design, all new cabinetry and granite counter tops in the kitchen, and an expansive .5 acre lot perfect for family, pets, and friends! This beautiful home will not be on the market long, so make sure to schedule your showing today!

Last Agent to Sell the Property

Hosanna Hill

Lantern Realty & Development, LLC License #315320 Listed on: 01/23/2020

Lantern Realty & Development, LLC

Co-Listed By

Jeremy ALDRIDGE

Lantern Realty & Development, LLC License #306776

Last Buyer's Agent

Nicolle Mulvey

Carolinas Key Realty LLC License #295626

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • 0.52

Parking

  • Gravel Driveway

Home Design

  • Vinyl Siding

Interior Spaces

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

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 245A191

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.02143
  • Ratio Close Price By Original Li: 1.02143
  • Ratio Current Price By Acre: 275000.00
  • Ratio Current Price By Sq Ft: 146.52
  • Year Built: 1939
  • 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), Dishwasher, Microwave, Exhaust Hood
  • Laundry Location: Main
  • Room Count: 1
  • Sq Ft Additional: 100
  • Main Level Sq Ft: 976
  • Total Sq Ft: 976

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

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

Utilities

  • Heating: Heat Pump - AC
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Lot Info

  • Parcel Number: 245A191
  • Zoning Specification: RA

Tax Info

  • Tax Value: 58852.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2020
Closed on
Mar 31, 2020
Sold by
Kada Endeavor Enterprises Llc
Bought by
Pennington David L
Seller's Agent
Hosanna Hill
Lantern Realty & Development, LLC
Buyer's Agent
Nicolle Mulvey
Carolinas Key Realty LLC
List Price
$140,000
Sold Price
$143,000
Premium/Discount to List
$3,000
2.14%
Current Estimated Value
$223,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,136
Avg. Annual Appreciation
7.97%
Original Mortgage
$144,444
Outstanding Balance
$127,960
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$95,176

Purchase Details

Listed on
Sep 23, 2019
Closed on
Oct 18, 2019
Sold by
Allman Maner Frances and Maner Fran A
Bought by
Kada Endeavor Enterprises Llc
Seller's Agent
Tim Jung
Call It Closed International Inc
Buyer's Agent
Jeremy ALDRIDGE
Lantern Realty & Development, LLC
List Price
$77,000
Sold Price
$65,000
Premium/Discount to List
-$12,000
-15.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
476.69%
Original Mortgage
$64,300
Interest Rate
3.4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 3, 2001
Sold by
Allman Clessie Ramey
Bought by
Maner Fran A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pennington David L $143,000 None Available
Kada Endeavor Enterprises Llc $65,000 None Available
Maner Fran A $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pennington David L $144,444
Previous Owner Kada Endeavor Enterprises Llc $64,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2020 03/31/20 Sold $143,000 +2.1% $147 / Sq Ft
02/16/2020 02/16/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $140,000 +115.4% $143 / Sq Ft
10/18/2019 10/18/19 Sold $65,000 -15.6% $66 / Sq Ft View Prior Sale
09/23/2019 09/23/19 Pending -- -- --
09/23/2019 09/23/19 For Sale $77,000 -- $79 / 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 $909 $137,765 $28,000 $109,765
2024 $909 $137,765 $28,000 $109,765
2023 $909 $137,765 $28,000 $109,765
2022 $442 $59,916 $18,000 $41,916
2021 $442 $59,916 $18,000 $41,916
2020 $434 $58,852 $18,000 $40,852
2019 $434 $58,852 $18,000 $40,852
2018 $381 $52,034 $18,000 $34,034
2017 $381 $52,034 $18,000 $34,034
2016 $375 $52,034 $18,000 $34,034
2015 $381 $52,034 $18,000 $34,034
2014 $385 $53,490 $18,000 $35,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3580753

Canopy MLS (Canopy Realtor® Association)

APN: 245-A191