NOT LISTED FOR SALE

406 Ross Ave Kannapolis, NC 28083

Estimated Value: $224,000 - $250,000

2 Beds
1 Bath
1,040 Sq Ft
$227/Sq Ft Est. Value

Last Sold July 13, 2020

Last sale price $142,000 $137 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,485/month

29 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 1-Story Property

About This Home

As of July 2020

Beautiful newly remodeled historic mill home in the heart of downtown Kannapolis. Bathroom reconfigured with new cabinet, counter top and flooring to include double bowl sinks. Original hardwood floors re-sanded and finished throughout home. New paint. New Heating/cooling. New Smooth top range. Foundation repairs made and parged to give a like new decorative look. New concrete sidewalk from road to front porch and up dated land scraping. The home boasts a location just minutes from all the new redevelopment taking place in downtown Kannapolis. Downtown Kannapolis has lots to offer with a new West Ave street scape, a new brewery, the new Sports and Entertainment complex and more. The community also Village Park, a green way, and the Kannapolis . It's time to call 405 Ross Avenue and Kannapolis home.

Last Agent to Sell the Property

Justin Kies

Lantern Realty & Development, LLC License #308327 Listed on: 05/15/2020

Lantern Realty & Development, LLC

Last Buyer's Agent

Shane Sapp-Moore

EXP Realty LLC Ballantyne License #310367

EXP Realty LLC Ballantyne

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 50'x143'

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

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

Flooring

  • Wood
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 5614-81-6463-0000

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: Traditional
  • Ratio Close Price By List Price: 0.95302
  • Ratio Close Price By Original Li: 0.91672
  • Ratio Current Price By Acre: 887500.00
  • Ratio Current Price By Sq Ft: 136.54
  • Year Built: 1930
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Brick, Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Electric Range
  • Flooring: Vinyl, Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1040
  • Total Sq Ft: 1040

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 50'x143'
  • Lot Features: Sloping
  • Parcel Number: 5614-81-6463-0000
  • Zoning Specification: RV

Tax Info

  • Tax Value: 62350.00
  • Tax Location: Kannapls/cab

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2025
Sold by
William and William Diane Merrick
Bought by
Merrick Mason William
Current Estimated Value
$240,739

Purchase Details

Closed on
Oct 28, 2021
Sold by
Merrick William J and Merrick Diane Louise
Bought by
William And Diane Merrick Joint Revocable Tru

Purchase Details

Listed on
May 15, 2020
Closed on
Jul 13, 2020
Sold by
Patterson Properties Of Nc Inc
Bought by
Merrick William J and Merrick Diane Louise
Seller's Agent
Justin Kies
Lantern Realty & Development, LLC
Buyer's Agent
Shane Sapp-Moore
EXP Realty LLC Ballantyne
List Price
$154,900
Sold Price
$142,000
Premium/Discount to List
-$12,900
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.50%

Purchase Details

Closed on
Nov 19, 2019
Sold by
Atlantic Amecixcan Properties Inc
Bought by
Patterson Properties Of Nc Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Merrick Mason William -- None Listed On Document
Merrick Mason William -- None Listed On Document
William And Diane Merrick Joint Revocable Tru -- --
Merrick William J $142,000 Investors Title Insurance Co
Patterson Properties Of Nc Inc $68,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2020 07/13/20 Sold $142,000 -4.7% $137 / Sq Ft
06/13/2020 06/13/20 Pending -- -- --
05/29/2020 05/29/20 Price Changed $149,000 -3.8% $143 / Sq Ft
05/15/2020 05/15/20 For Sale $154,900 -- $149 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,820 $248,360 $44,000 $204,360
2024 $2,820 $248,360 $44,000 $204,360
2023 $1,696 $123,820 $32,000 $91,820
2022 $0 $123,820 $32,000 $91,820
2021 $1,167 $123,820 $32,000 $91,820
2020 $1,167 $85,160 $32,000 $53,160
2019 $854 $62,350 $13,600 $48,750
2018 $842 $62,350 $13,600 $48,750
2017 $829 $62,350 $13,600 $48,750
2016 $829 $65,680 $18,400 $47,280
2015 $828 $65,680 $18,400 $47,280
2014 $828 $65,680 $18,400 $47,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3621757

Canopy MLS (Canopy Realtor® Association)

APN: 5614-81-6463-0000

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