NOT LISTED FOR SALE

4010 Mullis Rd Kannapolis, NC 28083

Estimated Value: $169,000 - $239,000

1 Bed
1 Bath
841 Sq Ft
$235/Sq Ft Est. Value

Last Sold August 21, 2019

Last sale price $45,000 $54 Per Sq Ft

Est. 338% increase in value since last sale

Current estimated payment $1,123/month

9 Days on Market

Highlights

  • 1 Acre Lot
  • Cottage
  • Laundry Room
  • No HOA
  • Covered Patio or Porch
  • Shed

About This Home

As of August 2019

This 1 bedroom, 1 bathroom home is listed under tax value! Located outside of city limits and settled on a 1 acre lot! Investor's opportunity with great potential. Home is sold "as is". Roof and Trane AC unit were replaced in 2010. 12x14 storage building included.

Last Agent to Sell the Property

Jessica White

Dover Realty and Associates, Inc Brokerage Email: jessicawhite.ncrealtor@gmail.com License #308436 Listed on: 07/30/2019

Last Buyer's Agent

Chrisann Fowler

Key Real Estate License #301222

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 1 Acre Lot
  • Fenced
  • Property is zoned RURAL AC, AO

Home Design

  • Cottage
  • Metal Roof

Interior Spaces

  • 841 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Oven
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Driveway
  • 2 Open Parking Spaces

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Royal Oaks Elementary School
  • Concord Middle School
  • Concord High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 56322764020000

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1920
  • Road Surface Type: Gravel
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 53.51
  • Attribution Contact: jessicawhite.ncrealtor@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 841
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Water Heater, Oven, Refrigerator
  • Above Grade Finished Sq Ft: 841
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 841

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Fencing: Fenced
  • Construction Type: Aluminum
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered

Garage/Parking

  • Main Level Garage YN: 0
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Parking Space(s)

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Utility Room, Main Level
  • Cooling: Heat Pump
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 56322764020000
  • Zoning: AO
  • Lot Size Acres: 1
  • Lot Size Sq Ft: 43560
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RURAL AC

MLS Schools

  • Elementary School: Royal Oaks
  • High School: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2019
Closed on
Aug 21, 2019
Sold by
Tucker Nicky
Bought by
Tomlin Allen
Seller's Agent
Jessica White
Dover Realty and Associates, Inc
Buyer's Agent
Chrisann Fowler
Key Real Estate
List Price
$59,900
Sold Price
$45,000
Premium/Discount to List
-$14,900
-24.87%
Current Estimated Value
$197,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,286
Avg. Annual Appreciation
26.97%

Purchase Details

Closed on
Apr 14, 2003
Sold by
Tucker Larry W and Tucker Loraine G
Bought by
Tucker Nicky W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,500
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2000
Sold by
Duty Claude L and Duty Mable R
Bought by
Duty Michael Wayne and Duty Wanda Moore

Purchase Details

Closed on
Dec 1, 1994
Bought by
Tucker Larry Wayne and Tucker Wf

Purchase Details

Closed on
Jul 1, 1987

Purchase Details

Closed on
Feb 1, 1985
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
Tomlin Allen $45,000 None Available
Tucker Nicky W $50,000 --
Duty Michael Wayne -- --
Tucker Larry Wayne $15,000 --
-- $14,000 --
-- $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tucker Nicky W $47,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2019 08/21/19 Sold $45,000 -24.9% $54 / Sq Ft
08/08/2019 08/08/19 Pending -- -- --
07/30/2019 07/30/19 For Sale $59,900 -- $71 / 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 -- $150,790 $47,880 $102,910
2024 $1,019 $150,790 $47,880 $102,910
2023 $659 $78,480 $30,240 $48,240
2022 $646 $78,480 $30,240 $48,240
2021 $646 $78,480 $30,240 $48,240
2020 $646 $78,480 $30,240 $48,240
2019 $546 $66,380 $27,720 $38,660
2018 $533 $66,380 $27,720 $38,660
2017 $519 $66,380 $27,720 $38,660
2016 -- $63,840 $27,720 $36,120
2015 $500 $63,840 $27,720 $36,120
2014 $500 $63,840 $27,720 $36,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3534642

Canopy MLS (Canopy Realtor® Association)

APN: 5632-27-6402-0000