$110,000
SOLD JAN 31, 2019

318 Chestnut Ave Kannapolis, NC 28081

2 Beds
1 Bath
1,150 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$96 Per Sq Ft

7% Below List Price

156 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Fireplace

About This Home

As of July 2025

Wonderfully maintained Mill house, located just a short walk from the soon-to-be revitalized downtown Kannapolis, where there will be shopping, restaurants, and the new Intimidators stadium! Brand new appliances and fresh paint compliment this lovely mill home that has a walk-in closet in the master bedroom!

This house is a pleasure to show and boasts original hardwoods, a rocking chair front porch, 10' ceilings, and a large fenced backyard!

Last Agent to Sell the Property

Chad McDonald

Mosaic Properties, LLC License #286799 Listed on: 07/17/2018

Last Buyer's Agent

Brian Gilmore

G2 Real Estate License #246413

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • Fireplace
  • Insulated Windows
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 5613-49-2948-0000

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.93220
  • Ratio Close Price By Original Li: 0.98214
  • Ratio Current Price By Acre: 550000.00
  • Ratio Current Price By Sq Ft: 95.65
  • Year Built: 1930
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Cooktop Electric, Electric Dryer Hookup
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Interior Amenities: Built-Ins
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1150
  • Total Sq Ft: 1150

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Gravel
  • Parking: Parking Space - 2

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Size Area: 0.200
  • Parcel Number: 5613-49-2948-0000
  • Zoning Specification: RV

Tax Info

  • Tax Value: 78430.00
  • Tax Location: Cabarrus

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
-22.95%
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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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
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 (Canopy Realtor® Association)

MLS Number: CAR3414418

Canopy MLS (Canopy Realtor® Association)

APN: 5613-49-2948-0000