NOT LISTED FOR SALE

401 S Ridge Ave Kannapolis, NC 28083

Estimated Value: $292,000 - $320,000

3 Beds
2 Baths
1,730 Sq Ft
$177/Sq Ft Est. Value

Last Sold November 01, 2019

Last sale price $180,400 $104 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,846/month

43 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Cottage

About This Home

As of November 2019

This sweet home has so much to offer! From the prime location in the heart of Kannapolis close to the NC Research Campus to the amazing finishes and updates like the roof and HVAC, this home does not disappoint. The gleaming hardwoods through out, the high ceilings, the gorgeous crown molding and the huge front porch are just some of things worth falling in love with. All the rooms are spacious and this home lives large and is waiting for its new owners. All of this and priced under $200k.

Last Agent to Sell the Property

Christy Bradshaw

Call It Closed International Inc License #255850 Listed on: 09/01/2019

Co-Listed By

Ashley Ferlauto

Lantern Realty & Development, LLC License #291080

Last Buyer's Agent

Aaron Davis

COMPASS License #226006

COMPASS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Vinyl Siding

Additional Features

  • Wood Flooring
  • 2 Full Bathrooms
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 5613-57-9780-0000

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: 0.92513
  • Ratio Close Price By Original Li: 0.90245
  • Ratio Current Price By Acre: 751666.67
  • Ratio Current Price By Sq Ft: 104.28
  • 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: Refrigerator
  • Fixture Exception Description: TV brackets only remain, mirror in living room does not stay
  • Fixture Exception Yn: Yes
  • Flooring: Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1730
  • Total Sq Ft: 1730

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Parking Space - 4+

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 Features: Corner Lot, Level
  • Lot Size Area: 0.240
  • Parcel Number: 5613-57-9780-0000
  • Zoning Specification: RV

Tax Info

  • Tax Value: 110550.00
  • Tax Location: Kannapls/cab

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2022
Sold by
Lucy Jeffrey M and Lucy Roxanne
Bought by
Fenway Properties Llc
Current Estimated Value
$305,529

Purchase Details

Listed on
Sep 1, 2019
Closed on
Nov 1, 2019
Sold by
Dorsett Martin James and Dorsett Jessica N
Bought by
Lucy Jeffrey M
Seller's Agent
Christy Bradshaw
Call It Closed International Inc
Buyer's Agent
Aaron Davis
COMPASS
List Price
$195,000
Sold Price
$180,400
Premium/Discount to List
-$14,600
-7.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.26%

Purchase Details

Closed on
Dec 22, 2014
Sold by
Vanbloem Skip J and Whitmire Stefanie L
Bought by
Dorsett Martin James and Dorsett Jessica N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,664
Interest Rate
4.09%
Mortgage Type
VA

Purchase Details

Closed on
Jul 22, 2008
Sold by
Felts Deric Shane and Felts Lorna D
Bought by
Vanbloem Skip J and Whitmire Stefanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 1998
Sold by
Felts Deric Shane and Doyle Lorna J
Bought by
Felts Deric Shane and Felts Lorna D

Purchase Details

Closed on
Jan 1, 1994
Bought by
Felts Deric Shane

Purchase Details

Closed on
Feb 1, 1989
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
Fenway Properties Llc -- Ckezepis Law Pllc
Lucy Jeffrey M $180,500 Investors Title Insurance Co
Dorsett Martin James $111,000 None Available
Vanbloem Skip J $125,000 None Available
Felts Deric Shane -- --
Felts Deric Shane $63,000 --
-- $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dorsett Martin James $113,664
Previous Owner Vanbloem Skip J $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2019 11/01/19 Sold $180,400 -7.5% $104 / Sq Ft
10/14/2019 10/14/19 Pending -- -- --
10/12/2019 10/12/19 Price Changed $195,000 0.0% $113 / Sq Ft
10/12/2019 10/12/19 For Sale $195,000 -2.5% $113 / Sq Ft
09/07/2019 09/07/19 Pending -- -- --
09/01/2019 09/01/19 For Sale $199,900 -- $116 / 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 $2,715 $239,070 $48,000 $191,070
2024 $2,715 $239,070 $48,000 $191,070
2023 $2,036 $148,610 $30,000 $118,610
2022 $2,036 $145,350 $30,000 $115,350
2021 $1,991 $145,350 $30,000 $115,350
2020 $1,991 $145,350 $30,000 $115,350
2019 $1,515 $110,550 $14,450 $96,100
2018 $1,492 $110,550 $14,450 $96,100
2017 $1,470 $110,550 $14,450 $96,100
2016 $1,470 $110,900 $22,400 $88,500
2015 $1,410 $110,900 $22,400 $88,500
2014 $1,410 $110,900 $22,400 $88,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3546066

Canopy MLS (Canopy Realtor® Association)

APN: 5613-57-9780-0000