NOT LISTED FOR SALE

401 E 3rd St Kannapolis, NC 28083

Estimated Value: $274,009 - $307,000

3 Beds
2 Baths
1,703 Sq Ft
$172/Sq Ft Est. Value

Last Sold September 13, 2021

Last sale price $240,000 $141 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,762/month

12 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • 1-Story Property
  • Wood Flooring

About This Home

As of September 2021

Don't miss out on this desirable 3 bedroom 2 bath move in ready home conveniently located blocks from the downtown area of Kannapolis. Hardwood flooring through out with large rooms and plenty of space. Roof and HVAC recently replaced within the last year and a half. Also features new paint, stove, ceiling fans and updated lighting fixtures. Beautiful corner lot with outbuilding and back deck for entertaining.

Last Agent to Sell the Property

Josh Phillips

EXP Realty LLC License #289992 Listed on: 07/30/2021

EXP Realty LLC

Last Buyer's Agent

Jess Thomas

Keller Williams Ballantyne Area License #325242

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 10,019

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1-Story Property
  • Crawl Space
  • Oven

Flooring

  • Wood
  • Vinyl

Additional Features

  • Outbuilding
  • Corner Lot

Listing and Financial Details

  • Assessor Parcel Number 5614804854

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: Traditional
  • Ratio Close Price By List Price: 0.96000
  • Ratio Close Price By Original Li: 0.96000
  • Ratio Current Price By Acre: 1043478.26
  • Ratio Current Price By Sq Ft: 140.93
  • Year Built: 1930
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher, Exhaust Hood, Microwave, Oven, Refrigerator
  • Flooring: Vinyl, Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1703
  • Total Sq Ft: 1703

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Outbuilding

Garage/Parking

  • Driveway: Asphalt, Gravel
  • Parking: Driveway, 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: Kannapolis
  • High School: A.L. Brown

Lot Info

  • Lot Dimension: 73x140x71x141
  • Lot Features: Corner Lot
  • Lot Size Area: 0.230
  • Parcel Number: 5614804854
  • Zoning Specification: RV

Tax Info

  • Tax Value: 145370.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2024
Sold by
Vick Oliver and Vick Melita
Bought by
Vick Oliver T
Current Estimated Value
$292,502

Purchase Details

Listed on
Jul 30, 2021
Closed on
Sep 13, 2021
Sold by
Josue Michael A and Josue Brooke K
Bought by
Vick Oliver and Vick Mehita
Seller's Agent
Josh Phillips
EXP Realty LLC
Buyer's Agent
Jess Thomas
Keller Williams Ballantyne Area
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.92%
Original Mortgage
$242,000
Interest Rate
3.15%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 15, 2008
Sold by
Murph Jerry W and Murph Diane F
Bought by
Iosue Michael A and Iosue Brooke K

Purchase Details

Closed on
Jun 15, 2007
Sold by
Mayes Ellen H
Bought by
Murph Jerry W and Murph Diane F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,900
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2001
Sold by
Mayes James Lamont
Bought by
Mayes Ellen H

Purchase Details

Closed on
Jun 1, 1985
Bought by
Mayes James L and Mayes Ellen H
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Date Buyer Sale Price Title Company
Vick Oliver T -- None Listed On Document
Vick Oliver $240,000 Investors Title Insurance Co
Iosue Michael A $145,000 None Available
Murph Jerry W $57,000 None Available
Mayes Ellen H -- --
Mayes James L $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vick Oliver $242,000
Previous Owner Murph Jerry W $58,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2021 09/13/21 Sold $240,000 -4.0% $141 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $250,000 -- $147 / 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
2025 $2,732 $240,590 $44,000 $196,590
2024 $2,732 $240,590 $44,000 $196,590
2023 $1,992 $145,370 $32,000 $113,370
2022 $1,992 $145,370 $32,000 $113,370
2021 $1,992 $145,370 $32,000 $113,370
2020 $1,992 $145,370 $32,000 $113,370
2019 $1,563 $114,060 $17,000 $97,060
2018 $1,540 $114,060 $17,000 $97,060
2017 $1,517 $114,060 $17,000 $97,060
2016 $1,517 $116,330 $23,000 $93,330
2015 -- $116,330 $23,000 $93,330
2014 -- $116,330 $23,000 $93,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3767312

Canopy MLS (Canopy Realtor® Association)

APN: 5614-80-4854-0000