NOT LISTED FOR SALE
2 Beds
2 Baths
1,204 Sq Ft
0.26 Acre Lot

Sale Details

Date Sold: April 8, 2022

Last sale price $183,000 $152 Per Sq Ft

36 Days on Market

Highlights

  • Traditional Architecture
  • Covered Patio or Porch
  • Central Heating
  • Wood Flooring
  • Laundry Room
  • Ceiling Fan

About This Home

As of April 2022

Attention Investors: Available duplex in desirable location in Kannapolis, not too very far from the recently revitalized downtown (Unit addresses are 407 & 409). Updates include new heat pumps, refinished wood floors, paint, vinyl plank flooring in kitchen and bathroom, lighting fixtures, solid surface countertops and new front and rear exterior doors. Or, buy it and live in one side and rent the other! Don't think this one will last long!

Last Agent to Sell the Property

Sherri Argabright

Lantern Realty & Development, LLC License #220340 Listed on: 03/03/2022

Lantern Realty & Development, LLC

Last Buyer's Agent

Jordan Caldwell

Costello Real Estate and Investments LLC License #331191

Costello Real Estate and Investments LLC
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 75x151
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,204 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Electric Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer Hookup

Parking

  • 8 Parking Spaces
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating
  • Heat Pump System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 159 217

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0.26 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Architectural Style: Traditional
  • Year Built: 1950
  • Ratio Current Price By Acre: 703846.15
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • Structure Type: Duplex
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Vinyl, Wood
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Sq Ft Unheated Basement: 0
  • Porch: Covered,Front
  • Room Other: Laundry
  • Appliances: Ceiling Fan(s), Electric Dryer Hookup, Electric Range
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1204
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 1
  • Total Sq Ft: 602
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 1
  • Total Sq Ft: 602

Exterior Features

  • Exterior Features: Storage
  • New Construction: No
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Property Features: Range/Oven,W/D Connection
  • Construction Type: Vinyl Siding

Garage/Parking

  • Total Parking Spaces: 8
  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Central, Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 159 217
  • Lot Size: 75x151
  • Zoning Description: RV

Rental Info

  • Rent Includes: None
  • Tenant Pays: All Utilities
  • Pets Allowed: Conditional

Tax Info

  • RATIO List Price By Tax Amount: 2.55878

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 2

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
Apr 7, 2022
Sold by
Lumsden-Winecoff Nichole L and Lumsden-Winecoff Tracy L
Bought by
Seller's Agent
Sherri Argabright
Lantern Realty & Development, LLC
Buyer's Agent
Jordan Caldwell
Costello Real Estate and Investments LLC
List Price
$175,000
Sold Price
$183,000
Premium/Discount to List
$8,000
4.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,775
Outstanding Balance
$160,559
Interest Rate
3.89%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 19, 2006
Sold by
Pierce Thomas J and Pierce Pauline
Bought by
Lumsden Winecoff Nichole and Winecoff Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Interest Rate
10.45%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$183,000 New Title Company Name
Lumsden Winecoff Nichole $76,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $174,775
Previous Owner Lumsden Winecoff Nichole $75,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/08/2022 04/08/22 Sold $183,000 +4.6% $152 / Sq Ft
03/03/2022 03/03/22 For Sale $175,000 -- $145 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,576 $130,244 $22,725 $107,519
2025 $1,576 $130,244 $22,725 $107,519
2024 $1,576 $130,244 $22,725 $107,519
2023 $1,576 $130,244 $22,725 $107,519
2022 $881 $68,392 $18,938 $49,454
2021 $881 $68,392 $18,938 $49,454
2020 $881 $68,392 $18,938 $49,454
2019 $881 $68,392 $18,938 $49,454
2018 $842 $66,174 $18,937 $47,237
2017 $842 $66,174 $18,937 $47,237
2016 $842 $66,174 $18,937 $47,237
2015 $855 $66,174 $18,937 $47,237
2014 $906 $72,502 $17,422 $55,080
Source: Public Records

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Map

Source: Canopy MLS

MLS Number: 3834884

Canopy MLS

APN: 159 217

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