NOT LISTED FOR SALE

406 E 3rd St Kannapolis, NC 28083

Estimated Value: $208,216 - $245,000

2 Beds
1 Bath
1,248 Sq Ft
$177/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $103,000 $83 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,332/month

30 Days on Market

Highlights

  • Cottage
  • Tile Flooring
  • 1-Story Property

About This Home

As of May 2017

Mill home with ceramic tile in kitchen and bathroom. Walking distance to NCRC, pending development in Downtown Kannapolis. Located convenient to hwy 29 and hwy 3. Sit in backyard this fall and enjoy the Friday night lights of Wonder Football

Per owner Roof and HVAC are less then 5 years old

Last Agent to Sell the Property

Brandon Farabee

Tucker Real Estate Group Inc License #255979 Listed on: 03/08/2017

Last Buyer's Agent

Diane Honeycutt

Howard Hanna Allen Tate Concord License #161527

Howard Hanna Allen Tate Concord

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 8,712

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Crawl Space

Flooring

  • Carpet
  • Tile

Listing and Financial Details

  • Assessor Parcel Number 5614-80-5660-0000

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: 1.03103
  • Ratio Close Price By Original Li: 1.03103
  • Ratio Current Price By Acre: 515000.00
  • Ratio Current Price By Sq Ft: 82.53
  • Year Built: 1930
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Electric Range, Electric Oven
  • Flooring: Tile, Carpet
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1248
  • Total Sq Ft: 1248

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Earth

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: 70.94 x 106.20
  • Lot Size Area: 0.200
  • Parcel Number: 5614-80-5660-0000
  • Zoning Specification: RV

Tax Info

  • Tax Value: 70050.00
  • Tax Location: Kannapls/cab

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2017
Closed on
May 19, 2017
Sold by
Stofford Walter L and Stofford April
Bought by
Hall Delinda
Seller's Agent
Brandon Farabee
Tucker Real Estate Group Inc
Buyer's Agent
Diane Honeycutt
Howard Hanna Allen Tate Concord
List Price
$99,900
Sold Price
$103,000
Premium/Discount to List
$3,100
3.1%
Current Estimated Value
$220,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,554
Avg. Annual Appreciation
9.44%
Original Mortgage
$103,000
Outstanding Balance
$86,580
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$133,974

Purchase Details

Closed on
Oct 7, 2009
Sold by
Long Debra Dixon and Long Gary
Bought by
Stofford Walter L and Stofford April

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.1%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 1, 1985
Bought by
Dixon Debra
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
Hall Delinda $103,000 None Available
Stofford Walter L $65,000 None Available
Dixon Debra $17,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Delinda $103,000
Previous Owner Stofford Walter L $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2017 05/19/17 Sold $103,000 +3.1% $83 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
03/08/2017 03/08/17 For Sale $99,900 -- $80 / 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 $1,993 $175,530 $44,000 $131,530
2024 $1,993 $175,530 $44,000 $131,530
2023 $1,406 $102,620 $32,000 $70,620
2022 $1,406 $102,620 $32,000 $70,620
2021 $1,406 $102,620 $32,000 $70,620
2020 $1,406 $102,620 $32,000 $70,620
2019 $969 $70,720 $11,900 $58,820
2018 $955 $70,720 $11,900 $58,820
2017 $932 $70,050 $11,900 $58,150
2016 -- $77,850 $16,100 $61,750
2015 $981 $77,850 $16,100 $61,750
2014 $981 $77,850 $16,100 $61,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3258515

Canopy MLS (Canopy Realtor® Association)

APN: 5614-80-5660-0000