NOT LISTED FOR SALE

407 Chrysler St Kannapolis, NC 28083

Estimated Value: $222,000 - $238,988

2 Beds
1 Bath
1,126 Sq Ft
$203/Sq Ft Est. Value

Last Sold April 10, 2023

Last sale price $202,000 $179 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,445/month

6 Days on Market

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • Attached Carport

About This Home

As of April 2023

Great home for the first time buyer or the savvy investor.
This 2BR, 1BA home, while a bit dated, is move in ready.
Small storage building and a 900 sq foot 2 car garage out back.

Last Agent to Sell the Property

Mike Upright

Kannapolis Real Estate Advisors License #144208 Listed on: 03/07/2023

Last Buyer's Agent

Maria Lopez

Coldwell Banker- CK Select License #336555

Coldwell Banker- CK Select

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,320

Year Built

  • Built in 1938

Lot Details

  • Lot Dimensions are 75 x 150
  • Property is zoned RV

Parking

  • 2 Car Detached Garage
  • Attached Carport
  • Driveway
  • Open Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,126 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Electric Range
  • Electric Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Forest Park Elementary School
  • Kannapolis Middle School
  • A.L. Brown High School

Additional Features

  • Outbuilding
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 5613-74-6175-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,320

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1938
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 179.40
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1126
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Range
  • Above Grade Finished Sq Ft: 1126
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1126
  • Bedroom Main: 2
  • Room Count: 7

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Vinyl
  • Other Structures: Outbuilding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 900
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached Carport, Driveway, Detached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Mud Room
  • Cooling: Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Area: 0.26
  • Lot Size Units: Acres
  • Parcel Number: 5613-74-6175-0000
  • Lot Size: 75 x 150
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RV

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Forest Park
  • High School: A.L. Brown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
Apr 10, 2023
Sold by
Power Tony Lee and Power Angie P
Bought by
Toscano Miguel Garcia and Chavez Bernal Virginia
Seller's Agent
Mike Upright
Kannapolis Real Estate Advisors
Buyer's Agent
Maria Lopez
Coldwell Banker- CK Select
List Price
$225,000
Sold Price
$202,000
Premium/Discount to List
-$23,000
-10.22%
Views
45
Current Estimated Value
$228,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,747
Avg. Annual Appreciation
4.05%
Original Mortgage
$161,600
Outstanding Balance
$157,123
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$64,469

Purchase Details

Closed on
May 4, 2005
Sold by
Power Linda P and Power Tony Lee
Bought by
Power Tony L and Power Angie P

Purchase Details

Closed on
Jul 14, 1998
Sold by
Overcash Sylvia J
Bought by
Power Linda P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.04%
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 Buyer Sale Price Title Company
Toscano Miguel Garcia $202,000 --
Power Tony L -- --
Power Linda P $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toscano Miguel Garcia $161,600
Previous Owner Power Tony L $25,000
Previous Owner Power Linda P $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2023 04/10/23 Sold $202,000 -10.2% $179 / Sq Ft
03/07/2023 03/07/23 For Sale $225,000 -- $200 / 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 $2,320 $204,320 $40,000 $164,320
2023 $1,676 $122,370 $22,000 $100,370
2022 $1,676 $122,370 $22,000 $100,370
2021 $1,676 $122,370 $22,000 $100,370
2020 $1,676 $122,370 $22,000 $100,370
2019 $1,226 $89,460 $14,000 $75,460
2018 $1,208 $89,460 $14,000 $75,460
2017 $1,190 $89,460 $14,000 $75,460
2016 $1,190 $92,830 $15,000 $77,830
2015 $1,170 $92,830 $15,000 $77,830
2014 $1,170 $92,830 $15,000 $77,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4008305

Canopy MLS (Canopy Realtor® Association)

APN: 5613-74-6175-0000