$263,000
SOLD APR 3, 2025

405 Old Centergrove Rd Kannapolis, NC 28083

2 Beds
2 Baths
1,024 Sq Ft
0.39 Acres

Recently Sold

$257 Per Sq Ft

2% Below List Price

22 Days on Market

Highlights

  • Corner Lot
  • Electric Gate
  • 1-Story Property
  • Cottage
  • Shed
  • Four Sided Brick Exterior Elevation

About This Home

As of April 2025

Charming and beautifully updated home near downtown Kannapolis! This inviting 2-bedroom, 2-bath residence boasts an open-concept design, perfect for effortless living and entertaining. The stylish kitchen features an induction range, sleek finishes, and ample storage. A classic white picket fence enhances the curb appeal, while an electric gate allows secure parking inside the fenced yard. The private backyard has a sunny deck, complete with a tool shed for extra storage, and the landscaping is stunning in the spring and summer. Enjoy the covered rocking chair front porch and the convenience of being just minutes from shopping, dining, and local attractions.

Last Agent to Sell the Property

Karen Minter

Costello Real Estate and Investments LLC Brokerage Email: karenm@costellorei.com License #285150 Listed on: 02/05/2025

Costello Real Estate and Investments LLC

Last Buyer's Agent

Angie Miller

Genesis Realty Company License #269703

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,646

Year Built

  • Built in 1930

Lot Details

  • Back Yard Fenced
  • Corner Lot
  • Property is zoned B-1

Home Design

  • Cottage
  • Vinyl Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,024 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Convection Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Electric Gate

Outdoor Features

  • Shed

Schools

  • G.W. Carver Elementary School
  • Kannapolis Middle School
  • A.L. Brown High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5613-77-1573-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,646

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1930
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 256.84
  • Geocode Confidence: High
  • Attribution Contact: karenm@costellorei.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1024
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Convection Oven, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 1024
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1024
  • Bedroom Main: 2
  • Room Count: 6

Exterior Features

  • Exterior Features: Storage
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard
  • Exclusions: wood shelf above sofa
  • Construction Type: Brick Full, Vinyl
  • Other Structures: Shed(s)

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway, Electric Gate

Utilities

  • Heating: Forced Air
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.39
  • Lot Size Units: Acres
  • Parcel Number: 5613-77-1573-0000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: B-1

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: G.W. Carver
  • High School: A.L. Brown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2025
Closed on
Apr 3, 2025
Sold by
Murchison Scott D and Murchison April
Bought by
Carpenter Alicia Marie-Lynn and Mager Jamie Lynn
Seller's Agent
Karen Minter
Costello Real Estate and Investments LLC
Buyer's Agent
Angie Miller
Genesis Realty Company
List Price
$269,000
Sold Price
$263,000
Premium/Discount to List
-$6,000
-2.23%
Views
37
Current Estimated Value
$256,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,270
Avg. Annual Appreciation
-3.64%
Original Mortgage
$263,000
Outstanding Balance
$263,000
Interest Rate
6.85%
Mortgage Type
VA
Estimated Equity
-$4,347

Purchase Details

Listed on
Dec 11, 2018
Closed on
Jan 8, 2019
Sold by
Erich Matthew C
Bought by
Murchison Scott D and Murchison April
Seller's Agent
Steve Toop
United Brokers Ltd
Buyer's Agent
Karen Minter
Costello Real Estate and Investments LLC
List Price
$127,900
Sold Price
$127,000
Premium/Discount to List
-$900
-0.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.37%
Original Mortgage
$101,600
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 10, 2018
Closed on
Aug 30, 2018
Sold by
Suntrust Bank
Bought by
Erich Matthew
Seller's Agent
Leigh Brown
One Community Real Estate
Buyer's Agent
Natalie Hjerth
ERA Live Moore
List Price
$68,900
Sold Price
$50,000
Premium/Discount to List
-$18,900
-27.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1232.10%

Purchase Details

Closed on
Nov 13, 2017
Sold by
Mclendon Alisa D
Bought by
Suntrust Bank

Purchase Details

Closed on
Oct 22, 1998
Sold by
Nave Robert Lewis
Bought by
Mclendon Alisa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,500
Interest Rate
6.76%

Purchase Details

Closed on
May 5, 1998
Sold by
Nave Donna Marie S
Bought by
Nave Robert Lewis

Purchase Details

Closed on
Mar 1, 1995

Purchase Details

Closed on
Oct 1, 1985
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $263,000 None Listed On Document
Warranty Deed $263,000 None Listed On Document
Warranty Deed $127,000 None Available
Special Warranty Deed $50,000 None Available
Trustee Deed $50,000 None Available
Warranty Deed $48,000 --
Interfamily Deed Transfer -- --
Warranty Deed $34,500 --
Deed $16,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $263,000 VA
Closed $263,000 VA
Previous Owner $97,000 New Conventional
Previous Owner $101,600 New Conventional
Previous Owner $45,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 Sold $263,000 -2.2% $257 / Sq Ft
02/05/2025 02/05/25 For Sale $269,000 +111.8% $263 / Sq Ft
01/08/2019 01/08/19 Sold $127,000 -0.7% $129 / Sq Ft
12/12/2018 12/12/18 Pending -- -- --
12/11/2018 12/11/18 For Sale $127,900 +155.8% $129 / Sq Ft
08/31/2018 08/31/18 Sold $50,000 -16.5% $53 / Sq Ft
07/31/2018 07/31/18 Pending -- -- --
07/06/2018 07/06/18 Price Changed $59,900 -13.1% $63 / Sq Ft
05/10/2018 05/10/18 For Sale $68,900 -- $73 / 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
2024 $2,646 $233,060 $39,800 $193,260
2023 $1,594 $116,370 $31,420 $84,950
2022 $1,568 $66,950 $29,570 $37,380
2021 $917 $66,950 $29,570 $37,380
2020 $1,568 $114,470 $31,420 $83,050
2019 $885 $64,620 $23,660 $40,960
2018 $872 $64,620 $23,660 $40,960
2017 $859 $64,620 $23,660 $40,960
2016 -- $65,010 $23,660 $41,350
2015 $819 $65,010 $23,660 $41,350
2014 $819 $65,010 $23,660 $41,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4219925

Canopy MLS (Canopy Realtor® Association)

APN: 5613-77-1573-0000