NOT LISTED FOR SALE

404 Locust St Kannapolis, NC 28081

Estimated Value: $287,000 - $332,000

4 Beds
2 Baths
1,560 Sq Ft
$198/Sq Ft Est. Value

Last Sold September 13, 2021

Last sale price $276,000 $177 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,865/month

1 Day on Market

Highlights

  • New Construction
  • Walk-In Closet
  • 1-Story Property
  • Open Floorplan
  • Kitchen Island
  • Vinyl Plank Flooring

About This Home

As of September 2021

New Construction minutes from revitalized downtown Kannapolis! 4 bedroom 2 bath open floorplan with spacious kitchen and great room. Kitchen has granite countertops, white cabinets and stainless appliances. Luxury Vinyl Plank throughout and upgraded carpet in home. Large master bedroom and bath. Oversized driveway, 2-10 Builder Warranty to be conveyed at closing.

Last Agent to Sell the Property

Alex Hayes

EXP Realty LLC Mooresville License #303988 Listed on: 08/13/2021

EXP Realty LLC Mooresville

Last Buyer's Agent

Mimi Habeeba Shorter

Opendoor Brokerage LLC License #233472

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021 | New Construction

Lot Details

  • Cleared Lot

Parking

  • 4

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Kitchen Island

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Community Details

  • Built by Victory Builders

Listing and Financial Details

  • Assessor Parcel Number 152144

Home Details

Home Type

Single Family

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

4

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.10400
  • Ratio Close Price By Original Li: 1.10400
  • Ratio Current Price By Acre: 1061538.46
  • Ratio Current Price By Sq Ft: 176.92
  • Year Built: 2021
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Equipment: CO Detector
  • Flooring: Carpet, Vinyl Plank
  • Interior Amenities: Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1560
  • Total Sq Ft: 1560

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 4+ Car

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Features: Cleared
  • Parcel Number: 152144
  • Zoning Specification: RV

Building Info

  • Builder Name: Victory Builders

Tax Info

  • Tax Value: 47487.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Sep 4, 2021
Sold by
Kaya Properties Llc
Bought by
Progress Charlotte Llc
Seller's Agent
Alex Hayes
EXP Realty LLC Mooresville
Buyer's Agent
Mimi Habeeba Shorter
Opendoor Brokerage LLC
List Price
$250,000
Sold Price
$276,000
Premium/Discount to List
$26,000
10.4%
Current Estimated Value
$308,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,129
Avg. Annual Appreciation
2.58%

Purchase Details

Listed on
Jul 28, 2017
Closed on
Oct 5, 2017
Sold by
Alezander Ii Charles D
Bought by
Hayes Alezander R
Seller's Agent
Jimmy Carter
Lantern Realty & Development, LLC
Buyer's Agent
Alan Overcash
Overcash Real Estate LLC
List Price
$47,000
Sold Price
$40,000
Premium/Discount to List
-$7,000
-14.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.27%
Original Mortgage
$30,000
Interest Rate
3.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 2015
Bought by
Alexander Charles David
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Progress Charlotte Llc $281,000 Chicago Title Insurance Co
Hayes Alezander R $40,000 None Available
Alexander Charles David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hayes Alezander R $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2021 09/13/21 Sold $276,000 +10.4% $177 / Sq Ft
08/14/2021 08/14/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $250,000 +525.0% $160 / Sq Ft
10/05/2017 10/05/17 Sold $40,000 -14.9% $52 / Sq Ft View Prior Sale
08/12/2017 08/12/17 Pending -- -- --
07/28/2017 07/28/17 For Sale $47,000 -- $62 / 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 $3,061 $252,953 $24,619 $228,334
2024 $3,061 $252,953 $24,619 $228,334
2023 $3,061 $252,953 $24,619 $228,334
2022 $1,790 $139,018 $18,938 $120,080
2021 $244 $18,938 $18,938 $0
2020 $611 $47,487 $18,938 $28,549
2019 $611 $47,487 $18,938 $28,549
2018 $539 $42,345 $18,937 $23,408
2017 $539 $42,345 $18,937 $23,408
2016 $539 $42,345 $18,937 $23,408
2015 $547 $42,345 $18,937 $23,408
2014 $495 $39,633 $15,150 $24,483
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3769993

Canopy MLS (Canopy Realtor® Association)

APN: 152-144