NOT LISTED FOR SALE

318 Chestnut Ave Kannapolis, NC 28081

Estimated Value: $237,463 - $249,000

2 Beds
1 Bath
1,150 Sq Ft
$212/Sq Ft Est. Value

Sale Details

Date Sold: July 7, 2025

Last sale price $255,000 $222 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,528 / mo

5 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • 1-Story Property
  • Wood Flooring
  • Bungalow
  • Forced Air Heating and Cooling System

About This Home

As of July 2025

You 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

Brian Gilmore

G2 Real Estate Brokerage Email: brngilmore1@gmail.com License #246413 Listed on: 05/24/2025

Last Buyer's Agent

Bonnie Lovins

Redwood Realty Group LLC License #199818

Home Details

Home Type

  • Single Family

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

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1930
  • Second Living Quarters: None
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • Ratio CurrentPrice/TotalPropertyHLA: 221.74
  • Geocode Confidence: High
  • Attribution Contact: brngilmore1@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Vinyl, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1150
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Oven, Electric Water Heater, Refrigerator
  • Above Grade Finished Sq Ft: 1150
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1150
  • Bedroom Main: 2

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced
  • Waterfront Features: None
  • Construction Type: Vinyl, Wood
  • Patio And Porch Features: Covered, Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, On Street

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Utilities: Cable Available, Natural Gas
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Kannapolis
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5613 49 2948 0000
  • Plat Book Slide: 20/5
  • Additional Parcels: No
  • Zoning Specification: R8

MLS Schools

  • Elementary School: Fred Wilson
  • High School: A.L. Brown

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2025
Closed on
Jul 7, 2025
Sold by
Bought by
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
Current Estimated Value
$243,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,634
Avg. Annual Appreciation
-4.52%
Original Mortgage
$257,000
Interest Rate
0.0615%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 17, 2018
Closed on
Jan 31, 2019
Sold by
Bought by
Seller's Agent
Chad McDonald
MartinGroup Properties Inc
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
$8,000
Interest Rate
0.045%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 10, 2005
Sold by
Bought by

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
0.0584%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 30, 2002
Sold by
Bought by

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
0.055%

Purchase Details

Closed on
Nov 3, 2000
Sold by
Bought by

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
0.0758%

Purchase Details

Closed on
Sep 1, 1995
Bought by

Purchase Details

Closed on
Dec 1, 1992
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Trademark Title Llc
$110,000 None Available
$90,000 --
$81,000 --
-- --
$50,000 --
$26,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $257,000
Closed $8,000
Closed $106,700
Closed $68,500
Closed $72,000
Closed $72,000
Closed $80,900
Closed $77,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,565 $225,870 $46,000 $179,870
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

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Map

Source: Canopy MLS

MLS Number: 4260562

Canopy MLS

APN: 5613-49-2948-0000

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