NOT LISTED FOR SALE

309 Locust St Kannapolis, NC 28081

Estimated Value: $199,000 - $242,000

2 Beds
1.5 Baths
1,122 Sq Ft
$200/Sq Ft Est. Value

Last Sold February 27, 2020

Last sale price $145,000 $129 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,362/month

5 Days on Market

Highlights

  • Open Floorplan
  • Walk-In Closet
  • 1-Story Property
  • Cottage
  • Tile Flooring
  • Fire Pit

About This Home

As of February 2020

Cute 2 bedroom 1 1/2 bath bungalow recently updated. Updated features include laminate floors, kitchen cabinets, stainless steel kitchen appliances, tiled master bath and walk in closet (2017). Plumbing, electric were updated and back deck was added (2017). Seller has added a fire pit and flag pole in the back yard.This one won't last long!

Last Agent to Sell the Property

Patrick Bannon

Excel Real Estate Group License #280183 Listed on: 01/14/2020

Last Buyer's Agent

April Bird

Lantern Realty & Development LLC License #301315

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • Level Lot
  • Open Lot

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Insulated Windows

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Fire Pit

Listing and Financial Details

  • Assessor Parcel Number 149025

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.03571
  • Ratio Close Price By Original Li: 1.03571
  • Ratio Current Price By Acre: 337209.30
  • Ratio Current Price By Sq Ft: 129.23
  • Year Built: 1928
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Outside Entrance
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Refrigerator, Security System, Electric Oven
  • Flooring: Laminate Wood, Tile
  • Interior Amenities: Basement Shop, Open Floorplan, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1122
  • Total Sq Ft: 1122
  • Sq Ft Unheated Basement: 586
  • Sq Ft Unheated Total: 586

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fire pit

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway, Parking Space - 2

Utilities

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

Lot Info

  • Lot Dimension: 60x301x44x177x52x151
  • Lot Features: Level, Open Lot
  • Parcel Number: 149025
  • Zoning Specification: RV

Tax Info

  • Tax Value: 106190.00
  • Tax Location: Kannapls/row

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2020
Closed on
Feb 26, 2020
Sold by
Hill Zachary David
Bought by
Sloop April
Seller's Agent
Patrick Bannon
Excel Real Estate Group
Buyer's Agent
April Bird
Lantern Realty & Development LLC
List Price
$140,000
Sold Price
$145,000
Premium/Discount to List
$5,000
3.57%
Current Estimated Value
$224,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,628
Avg. Annual Appreciation
7.73%
Original Mortgage
$137,750
Outstanding Balance
$122,228
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$102,400

Purchase Details

Listed on
May 2, 2017
Closed on
Jun 19, 2017
Sold by
Watson John E and Watson Kathy Jenee
Bought by
Hill Zachary David
Seller's Agent
Brianne Watson
Lantern Realty & Development, LLC
Buyer's Agent
Angela Craghead
Angela Craghead Realty Group LLC
List Price
$99,900
Sold Price
$105,000
Premium/Discount to List
$5,100
5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.75%
Original Mortgage
$3,055
Interest Rate
4.02%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 8, 2016
Sold by
Coone David W and Coone Donna
Bought by
Watson John E and Watson Kathy Jenee

Purchase Details

Closed on
Feb 18, 2016
Sold by
Cubit Randi Treat
Bought by
Coone David W

Purchase Details

Closed on
Mar 13, 2009
Sold by
Prince Danny Paul
Bought by
Prince Danny Paul
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
Sloop April $145,000 None Available
Hill Zachary David $105,000 Chicago Title
Watson John E $19,000 None Available
Coone David W $14,500 None Available
Prince Danny Paul $5,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sloop April $137,750
Previous Owner Hill Zachary David $3,055
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2020 02/27/20 Sold $145,000 +3.6% $129 / Sq Ft
01/19/2020 01/19/20 Pending -- -- --
01/14/2020 01/14/20 For Sale $140,000 +33.3% $125 / Sq Ft
06/19/2017 06/19/17 Sold $105,000 +5.1% $93 / Sq Ft View Prior Sale
05/04/2017 05/04/17 Pending -- -- --
05/02/2017 05/02/17 For Sale $99,900 -- $89 / 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 $2,246 $185,617 $26,155 $159,462
2024 $2,246 $185,617 $26,155 $159,462
2023 $2,246 $185,617 $26,155 $159,462
2022 $1,367 $106,190 $20,119 $86,071
2021 $1,367 $106,190 $20,119 $86,071
2020 $1,367 $106,190 $20,119 $86,071
2019 $1,367 $106,190 $20,119 $86,071
2018 $1,162 $91,300 $20,119 $71,181
2017 $777 $61,017 $20,119 $40,898
2016 $777 $61,017 $20,119 $40,898
2015 $789 $61,017 $20,119 $40,898
2014 $758 $60,639 $17,704 $42,935
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3582135

Canopy MLS (Canopy Realtor® Association)

APN: 149-025