NOT LISTED FOR SALE

408 Coach St Kannapolis, NC 28083

Estimated Value: $232,000 - $274,000

3 Beds
2 Baths
1,135 Sq Ft
$228/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $236,000 $208 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,571/month

25 Days on Market

Highlights

  • Ranch Style House
  • Laundry closet
  • Level Lot
  • Front Porch
  • Central Air
  • Carpet

About This Home

As of August 2024

Back on the market due to no fault of the seller. Excellent investment opportunity! There is not anything like this on the market to compare for 2008 build at this sqft! JLF Property Management had these properties under management for many years and they have all been excellent performing assets. House was recently vacated and is in move-in ready condition, only needing minor updates and is reflected in the greatly reduced price. Owner is selling As is with no known issues, buyer to confirm all information. Minutes from downtown Kannapolis, tons of potential here!

Last Agent to Sell the Property

Natalie Cowles

Redwood Realty Group LLC Brokerage Email: nataliecowles@gmail.com License #280823 Listed on: 06/30/2024

Co-Listed By

Sam Cowles

JLF Management Group LLC Brokerage Email: nataliecowles@gmail.com License #260483

Last Buyer's Agent

Luis Mejia

New Beginnings Real Estate Group, LLC License #297165

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • Level Lot
  • Property is zoned RV

Home Design

  • 1,135 Sq Ft Home
  • Ranch Style House
  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Electric Dryer Hookup

Parking

  • Driveway
  • 3 Open Parking Spaces

Additional Features

  • Front Porch
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 5613-82-6198-0000

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, Traditional
  • Year Built: 2008
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 207.93
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: nataliecowles@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1135
  • 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: Dishwasher, Electric Oven, Microwave
  • Above Grade Finished Sq Ft: 1135
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1135
  • Bedroom Main: 3
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Vinyl
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Electric
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Closet
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 5613-82-6198-0000
  • Zoning: R
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RV

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2024
Closed on
Jul 31, 2024
Sold by
Porter Properties Nc Llc
Bought by
Blanco Reyes Reina Ester
Seller's Agent
Natalie Cowles
Redwood Realty Group LLC
Buyer's Agent
Luis Mejia
New Beginnings Real Estate Group, LLC
List Price
$239,000
Sold Price
$236,000
Premium/Discount to List
-$3,000
-1.26%
Views
50
Current Estimated Value
$259,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,081
Avg. Annual Appreciation
6.76%
Original Mortgage
$177,000
Outstanding Balance
$174,328
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$84,473

Purchase Details

Closed on
Jan 19, 2023
Sold by
Eagle Asset Company Llc
Bought by
Porter Properties Nc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,750
Interest Rate
6.15%

Purchase Details

Closed on
Apr 5, 2013
Sold by
Jdl Homes Inc
Bought by
Benham Properties Llc

Purchase Details

Closed on
May 7, 2008
Sold by
Parham Terry F and Parham Jane C
Bought by
Jdl Homes 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
Blanco Reyes Reina Ester $236,000 None Listed On Document
Porter Properties Nc Llc $222,500 --
Benham Properties Llc $165,000 None Available
Jdl Homes Inc $17,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blanco Reyes Reina Ester $177,000
Previous Owner Porter Properties Nc Llc $218,750
Previous Owner Porter Properties Nc Llc $660,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $236,000 0.0% $208 / Sq Ft
07/11/2024 07/11/24 Price Changed $236,000 -1.3% $208 / Sq Ft
06/30/2024 06/30/24 For Sale $239,000 0.0% $211 / Sq Ft
04/28/2022 04/28/22 Rented $1,350 0.0% --
04/27/2022 04/27/22 Off Market $1,350 -- --
04/26/2022 04/26/22 For Rent $1,350 +13.0% --
02/11/2020 02/11/20 Rented $1,195 0.0% --
01/31/2020 01/31/20 For Rent $1,195 -- --
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 $2,684 $236,410 $51,000 $185,410
2024 $2,684 $236,410 $51,000 $185,410
2023 $1,853 $135,260 $33,000 $102,260
2022 $1,853 $135,260 $33,000 $102,260
2021 $1,853 $135,260 $33,000 $102,260
2020 $1,853 $135,260 $33,000 $102,260
2019 $1,412 $103,050 $20,000 $83,050
2018 $1,391 $103,050 $20,000 $83,050
2017 $1,371 $103,050 $20,000 $83,050
2016 $1,371 $97,020 $15,000 $82,020
2015 $1,222 $97,020 $15,000 $82,020
2014 $1,222 $97,020 $15,000 $82,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4155669

Canopy MLS (Canopy Realtor® Association)

APN: 5613-82-6198-0000