318 Chestnut Ave Kannapolis, NC 28081
2
Beds
1
Bath
1,150
Sq Ft
8,712
Sq Ft Lot
Highlights
- Deck
- Covered Patio or Porch
- 1-Story Property
- Wood Flooring
- Bungalow
- Forced Air Heating and Cooling System
About This Home
As of July 2025You don’t want to miss this well-maintained 2-bedroom, 1-bath bungalow just minutes from Village Park, downtown Kannapolis, and Atrium Health Ballpark. This home blends original character with thoughtful updates, offering a truly inviting place to call home. The living room welcomes you with original hardwood floors and soaring 10-foot ceilings, creating a spacious and cozy feel. Over the past six years, the home has seen numerous updates including a new HVAC system, gutters, large back deck, front porch, attic insulation, and updated flooring in both the bathroom and laundry area. Both bedrooms are generously sized, with the primary bedroom featuring a walk-in closet. The home also includes a rocking chair front porch and a private, fenced backyard—perfect for relaxing or entertaining. Move-in ready and full of charm, this home is ideal for first-time buyers, downsizers, or anyone looking for a great home in a convenient location. Schedule your showing today!
Last Agent to Sell the Property
G2 Real Estate Brokerage Email: brngilmore1@gmail.com License #246413 Listed on: 05/24/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,565
Year Built
- Built in 1930
Lot Details
- Back Yard Fenced
- Property is zoned R8
Home Design
- Bungalow
- Wood Siding
- Vinyl Siding
Interior Spaces
- 1,150 Sq Ft Home
- 1-Story Property
- Crawl Space
- Washer and Electric Dryer Hookup
Kitchen
- Electric Oven
- Dishwasher
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Parking
- Driveway
- On-Street Parking
- 2 Open Parking Spaces
Outdoor Features
- Deck
- Covered Patio or Porch
Schools
- Fred Wilson Elementary School
- Kannapolis Middle School
- A.L. Brown High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 5613 49 2948 0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 24, 2025
Closed on
Jul 7, 2025
Sold by
Robinson Leah Jordan
Bought by
Farmer Thomas J and Isenhour Katlyn D
Seller's Agent
Brian Gilmore
G2 Real Estate
Buyer's Agent
Bonnie Lovins
Redwood Realty Group LLC
List Price
$254,900
Sold Price
$255,000
Premium/Discount to List
$100
0.04%
Views
15
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.22%
Original Mortgage
$257,000
Outstanding Balance
$257,000
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
-$6,612
Purchase Details
Listed on
Jul 17, 2018
Closed on
Jan 31, 2019
Sold by
Goins Ernest R and Goins Renee G
Bought by
Robinson Leah Jordan
Seller's Agent
Chad McDonald
Mosaic Properties, LLC
Buyer's Agent
Brian Gilmore
G2 Real Estate
List Price
$118,000
Sold Price
$110,000
Premium/Discount to List
-$8,000
-6.78%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.95%
Original Mortgage
$106,700
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 10, 2005
Sold by
Brotherton Ryan H and Brotherton Carrie B
Bought by
Goins Ernest R and Goins Renee G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.84%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Aug 30, 2002
Sold by
Coone Ronald Lee and Queen Jill
Bought by
Brotherton Ryan H and Belk Carrie L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,900
Interest Rate
5.5%
Purchase Details
Closed on
Nov 3, 2000
Sold by
Lee Coone Ronald
Bought by
Coone Ronald Lee and Queen Jill
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
7.58%
Purchase Details
Closed on
Sep 1, 1995
Bought by
Coone Ronald Lee
Purchase Details
Closed on
Dec 1, 1992
Similar Homes in Kannapolis, NC
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Trademark Title Llc | |
| Warranty Deed | -- | Trademark Title Llc | |
| Warranty Deed | $110,000 | None Available | |
| Warranty Deed | $90,000 | -- | |
| Warranty Deed | $81,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $50,000 | -- | |
| Warranty Deed | $26,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $257,000 | New Conventional | |
| Closed | $257,000 | New Conventional | |
| Previous Owner | $106,700 | New Conventional | |
| Previous Owner | $8,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $68,500 | New Conventional | |
| Previous Owner | $72,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $72,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $80,900 | No Value Available | |
| Previous Owner | $77,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | Sold | $255,000 | 0.0% | $222 / Sq Ft |
| 05/24/2025 05/24/25 | For Sale | $254,900 | +131.7% | $222 / Sq Ft |
| 01/31/2019 01/31/19 | Sold | $110,000 | -6.8% | $96 / Sq Ft |
| 12/20/2018 12/20/18 | Pending | -- | -- | -- |
| 12/07/2018 12/07/18 | For Sale | $118,000 | 0.0% | $103 / Sq Ft |
| 11/13/2018 11/13/18 | Pending | -- | -- | -- |
| 11/06/2018 11/06/18 | Price Changed | $118,000 | 0.0% | $103 / Sq Ft |
| 11/06/2018 11/06/18 | For Sale | $118,000 | +7.3% | $103 / Sq Ft |
| 08/05/2018 08/05/18 | Off Market | $110,000 | -- | -- |
| 07/17/2018 07/17/18 | For Sale | $112,000 | -- | $97 / 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 |
|---|---|---|---|---|
| 2024 | $2,565 | $225,870 | $46,000 | $179,870 |
| 2023 | $1,617 | $118,000 | $20,000 | $98,000 |
| 2022 | $1,548 | $112,990 | $20,000 | $92,990 |
| 2021 | $1,548 | $112,990 | $20,000 | $92,990 |
| 2020 | $1,548 | $112,990 | $20,000 | $92,990 |
| 2019 | $1,074 | $78,430 | $9,900 | $68,530 |
| 2018 | $1,059 | $78,430 | $9,900 | $68,530 |
| 2017 | $1,043 | $78,430 | $9,900 | $68,530 |
| 2016 | $1,043 | $81,710 | $13,500 | $68,210 |
| 2015 | $1,030 | $81,710 | $13,500 | $68,210 |
| 2014 | $1,030 | $81,710 | $13,500 | $68,210 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Gilmore
Seller's Agent in 2025
Brian Gilmore
G2 Real Estate
(980) 521-3013
2 in this area
101 Total Sales
-
Bonnie Lovins
Buyer's Agent in 2025
Bonnie Lovins
Redwood Realty Group LLC
(704) 614-0033
2 in this area
32 Total Sales
-
Chad McDonald
Seller's Agent in 2019
Chad McDonald
Mosaic Properties, LLC
(850) 294-4151
6 in this area
36 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4260562
APN: 5613-49-2948-0000
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