$783,000
SOLD MAR 31, 2025

400 Needle Ct Kannapolis, NC 28081

12 Beds
6 Baths
5,052 Sq Ft
21,780 Sq Ft Lot

Recently Sold

$155 Per Sq Ft

5% Below List Price

22 Days on Market

About This Home

As of March 2025

INVESTMENT OPPORTUNITY! 2 Triplex (6 units total) buildings located less than 1 mile from thriving downtown Kannapolis, which includes the David H. Murdock Research Institute, Atrium Health Ballpark, City Hall and many shopping and dining options. ALL 6 UNITS are currently rented. Each unit has 2 BR, 1 full BA, and in-unit laundry. All units are duplicate layouts with slight dimension differences. All Units include refrigerator, range, dishwasher.

Last Agent to Sell the Property

Boston Reid

COMPASS Brokerage Email: bostonreid@me.com License #265912 Listed on: 02/07/2025

COMPASS

Last Buyer's Agent

Boston Reid

COMPASS Brokerage Email: bostonreid@me.com License #265912 Listed on: 02/07/2025

COMPASS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1995

Parking

  • Parking Lot

Home Design

  • Triplex
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 5,052 Sq Ft Home
  • Property has 1 Level
  • Laundry closet

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, internet
  • The owner pays for exterior maintenance, management, sewer, water, - see remarks
  • Assessor Parcel Number 5613-19-7932-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1995

Lot Details

0.5 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Year Built: 1995
  • Road Surface Type: Asphalt, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: bostonreid@me.com
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Appliances: Dishwasher, Electric Range, Refrigerator, Other
  • Owner Pays: Exterior Maintenance, Management, Sewer, Water, Other - See Remarks
  • Above Grade Finished Sq Ft: 5052
  • Basement YN: No
  • Full Bathrooms: 6
  • Total Bedrooms: 12
  • Living Area: 5052
  • Building Stories: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Exclusions: Any tenant owned fixtures
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Lot

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Laundry Closet
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5613-19-7932-0000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RV

Rental Info

  • Tenant Pays: Cable TV, Electricity, Internet, Other
  • Pets Allowed: Conditional

Multi Family

  • Number Of Units Total: 6

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2025 03/31/25 Sold $783,000 -5.1% $155 / Sq Ft
02/07/2025 02/07/25 For Sale $825,000 +123.0% $163 / Sq Ft
06/29/2018 06/29/18 Sold $369,900 0.0% $73 / Sq Ft View Prior Sale
06/08/2018 06/08/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $369,900 -- $73 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $7,946 $699,780 $72,000 $627,780
2024 $7,946 $699,780 $72,000 $627,780
2023 $4,952 $361,480 $48,000 $313,480
2022 $4,952 $361,480 $48,000 $313,480
2021 $4,952 $361,480 $48,000 $313,480
2020 $4,952 $361,480 $48,000 $313,480
2019 $3,942 $287,740 $28,000 $259,740
2018 $3,884 $287,740 $28,000 $259,740
2017 $3,827 $287,740 $28,000 $259,740
2016 $3,827 $285,020 $30,000 $255,020
2015 $3,591 $285,020 $30,000 $255,020
2014 $3,591 $285,020 $30,000 $255,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4218355

Canopy MLS (Canopy Realtor® Association)

APN: 5613 19 7932

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