Seller's Agent in 2020
Debbie Monroe
Lake Norman Realty, Inc.
(704) 533-0444
2 in this area
178 Total Sales
313 N East Ave Kannapolis, NC 28083
Estimated Value: $225,000 - $241,537
2
Beds
1
Bath
1,162
Sq Ft
$203/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- 1-Story Property
- Fire Pit
- Kitchen Island
About This Home
As of October 2020Cute and Cozy RANCH home in Downtown Kannapolis near Rowan-Cabarrus Community College, the NC Cannon Ballers Stadium, GEM Theater, Research Campus, and Armor Brewery! Updates include a newly painted interior, new floor in Laundry closet, new outdoor water spigots, new water lines from house to inside the home 2019 with multiple shut-off valves and an added Kitchen island and restaurant booths that are negotiable. The floor plan has Great Room, Bar area and an open Kitchen with gas cooktop, double ovens and tons of cabinet storage. Two good size Bedrooms share a Full Bathroom with newer vanity. Enjoy a Front Covered Porch, Rear Deck, Fenced Yard with firepit and 1-Car Garage that could be used for storage or parking. This one won't last long!
Last Agent to Sell the Property
Lake Norman Realty, Inc. License #106258 Listed on: 09/28/2020
Home Details
Home Type
- Single Family
Year Built
- Built in 1930
Lot Details
- 6,970
Parking
- Gravel Driveway
Home Design
- Traditional Architecture
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 1 Full Bathroom
- 1-Story Property
- Kitchen Island
Outdoor Features
- Fire Pit
Listing and Financial Details
- Assessor Parcel Number 5614-81-0241-0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 28, 2020
Closed on
Oct 1, 2020
Sold by
Spradley Michael W
Bought by
Kennard Paul M and Kennard Catherine R
Seller's Agent
Debbie Monroe
Lake Norman Realty, Inc.
Buyer's Agent
Randy Cernohorsky
The McDevitt Agency
List Price
$160,000
Sold Price
$162,500
Premium/Discount to List
$2,500
1.56%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,384
Avg. Annual Appreciation
7.77%
Original Mortgage
$130,000
Outstanding Balance
$115,417
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$120,467
Purchase Details
Closed on
May 15, 2015
Sold by
Warren Benjamin I and Warren Kelley T
Bought by
Spradley Michael W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Interest Rate
3.62%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 29, 2007
Sold by
Puckett Heather C and Puckett Christopher M
Bought by
Warren Benjamin I and Warren Kelley T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 1, 1996
Bought by
Roach James N
Purchase Details
Closed on
Nov 1, 1989
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kennard Paul M | $162,500 | None Available | |
| Spradley Michael W | $77,000 | None Available | |
| Warren Benjamin I | $110,000 | None Available | |
| Roach James N | $56,000 | -- | |
| -- | $35,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kennard Paul M | $130,000 | |
| Previous Owner | Spradley Michael W | $75,600 | |
| Previous Owner | Warren Benjamin I | $110,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/30/2020 10/30/20 | Sold | $162,500 | +1.6% | $140 / Sq Ft |
| 10/01/2020 10/01/20 | Pending | -- | -- | -- |
| 09/28/2020 09/28/20 | For Sale | $160,000 | -- | $138 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $2,193 | $193,150 | $44,000 | $149,150 |
| 2024 | $2,193 | $193,150 | $44,000 | $149,150 |
| 2023 | $1,546 | $112,830 | $32,000 | $80,830 |
| 2022 | $1,546 | $112,830 | $32,000 | $80,830 |
| 2021 | $1,460 | $112,830 | $32,000 | $80,830 |
| 2020 | $1,460 | $106,600 | $32,000 | $74,600 |
| 2019 | $1,034 | $75,500 | $12,750 | $62,750 |
| 2018 | $1,019 | $75,500 | $12,750 | $62,750 |
| 2017 | $1,004 | $75,500 | $12,750 | $62,750 |
| 2016 | $1,004 | $83,910 | $20,700 | $63,210 |
| 2015 | $1,057 | $83,910 | $20,700 | $63,210 |
| 2014 | $1,057 | $83,910 | $20,700 | $63,210 |
Source: Public Records
Agents Affiliated with this Home
-
Debbie Monroe
-
Randy Cernohorsky
Buyer's Agent in 2020
Randy Cernohorsky
The McDevitt Agency
(704) 905-5569
2 in this area
39 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3667387
APN: 5614-81-0241-0000
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