NOT LISTED FOR SALE
12 Beds
6 Baths
5,052 Sq Ft
0.5 Acre Lot

Sale Details

Date Sold: March 31, 2025

Last sale price $783,000 $155 Per Sq Ft

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
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1995

Lot Details

  • 0.5

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

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
Feb 7, 2025
Closed on
Mar 20, 2025
Sold by
Solomon Family Living Trust and Solomon John T
Bought by
Seller's Agent
Boston Reid
COMPASS
Buyer's Agent
Boston Reid
COMPASS
List Price
$825,000
Sold Price
$783,000
Premium/Discount to List
-$42,000
-5.09%
Views
49

Purchase Details

Listed on
Jun 6, 2018
Closed on
Jun 27, 2018
Sold by
Woodland Richard J
Bought by
Solomon John T and Solomon Heanine L
Seller's Agent
Suzanne Helms
NorthGroup Real Estate LLC
Buyer's Agent
Suzanne Helms
NorthGroup Real Estate LLC
List Price
$369,900
Sold Price
$369,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.73%

Purchase Details

Closed on
Dec 14, 2006
Sold by
Carr Cleave K and Carr Sharon W
Bought by
Woodland Richard J and Trust A Of The Richard J Woodland & Patr

Purchase Details

Closed on
Jun 29, 1998
Sold by
Russell Russell Richard Wayne Richard Wayne and Russell Richard
Bought by
Carr Cleave K and Carr Sharon W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
7.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 1995
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$783,000 None Listed On Document
Solomon John T $370,000 None Available
Woodland Richard J $330,000 None Available
Carr Cleave K $250,000 --
-- $11,000 --
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
Previous Owner $187,500
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
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

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
2026 -- $699,780 $72,000 $627,780
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

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Map

Source: Canopy MLS

MLS Number: 4218355

Canopy MLS

APN: 5613 19 7932

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