NOT LISTED FOR SALE

406 Lowrance Ave Kannapolis, NC 28081

Estimated Value: $289,000 - $295,945

2 Beds
1 Bath
1,447 Sq Ft
$202/Sq Ft Est. Value

Last Sold October 05, 2018

Last sale price $160,000 $111 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,849/month

16 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Storm Doors
  • Wood Flooring

About This Home

As of October 2018

Charming period craftsman brick home on .38 acre corner lot. Newly refinished maple and oak hardwood floors. Significant updates include new roof, all new windows, lighting, plumbing, fixtures and paint throughout. Two spacious bedrooms with cedar closets, light filled living room and big eat-in kitchen. Large wired basement area perfect for a workshop. Large porches front and back with screening in rear. Circular drive, 1 car detached garage and ample parking. Landscaped grounds include mature pecan trees with area for garden. Conveniently located to I-85 and downtown Kannapolis Village Park, Research Campus, new to be built baseball stadium and shopping.

Last Agent to Sell the Property

Robbie Bentley

Bentley Realty License #114546 Listed on: 08/22/2018

Last Buyer's Agent

Mena Effat

United Real Estate-Queen City License #296712

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • Corner Lot

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1 Full Bathroom
  • Insulated Windows
  • Crawl Space
  • Storm Doors

Flooring

  • Wood
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 5613-42-7167-0000

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.94173
  • Ratio Close Price By Original Li: 0.94173
  • Ratio Current Price By Acre: 421052.63
  • Ratio Current Price By Sq Ft: 110.57
  • Year Built: 1920
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Outside Entrance, Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows, Storm Door(s)
  • Equipment: Electric Dryer Hookup, Electric Range, Electric Oven
  • Flooring: Vinyl, Wood
  • Interior Amenities: Pantry
  • Laundry Location: Kitchen
  • Room Count: 2
  • Main Level Sq Ft: 1447
  • Total Sq Ft: 1447
  • Sq Ft Unheated Basement: 670
  • Sq Ft Unheated Total: 670

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Detached Garage, Garage - 1 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 116x159x83x178
  • Lot Features: Corner Lot
  • Lot Size Area: 0.380
  • Parcel Number: 5613-42-7167-0000
  • Zoning Specification: RM-2

Tax Info

  • Tax Value: 102320.00
  • Tax Location: Kannapls/cab

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2018
Closed on
Oct 2, 2018
Sold by
Gfs Properties Llc
Bought by
Hadley James Francis
Seller's Agent
Robbie Bentley
Bentley Realty
Buyer's Agent
Mena Effat
United Real Estate-Queen City
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%
Current Estimated Value
$291,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,986
Avg. Annual Appreciation
8.94%
Original Mortgage
$136,000
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Hadley James Francis $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hadley James Francis $125,906
Closed Hadley James Francis $136,000
Closed Hadley James Francis $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $160,000 -5.8% $111 / Sq Ft
09/07/2018 09/07/18 Pending -- -- --
08/22/2018 08/22/18 For Sale $169,900 -- $117 / 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 $3,250 $286,190 $63,600 $222,590
2023 $2,377 $173,470 $38,400 $135,070
2022 $2,377 $173,470 $38,400 $135,070
2021 $2,377 $173,470 $38,400 $135,070
2020 $2,377 $173,470 $38,400 $135,070
2019 $1,402 $102,320 $26,600 $75,720
2018 $1,381 $102,320 $26,600 $75,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3426815

Canopy MLS (Canopy Realtor® Association)

APN: 5613-42-7167-0000