NOT LISTED FOR SALE

408 E 16th St Kannapolis, NC 28083

Estimated Value: $198,000 - $267,000

3 Beds
2 Baths
1,198 Sq Ft
$197/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $177,000 $148 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,466/month

3 Days on Market

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Level Lot

About This Home

As of June 2020

This adorable 1198sf home offers 3 bedrooms, 2 full baths, a beautifully updated kitchen with granite countertops, subway tiles and all new appliances, new flooring throughout, a spacious deck overlooking its fenced in backyard and a 2 car garage! It is conveniently located off Hwy 29 and close to all the new development in downtown Kannapolis!

Last Agent to Sell the Property

Sheena Sutton

Sutton Properties LLC License #220317 Listed on: 05/21/2020

Last Buyer's Agent

Britney Biles

Mark Spain Real Estate License #317018

Mark Spain Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 0.28

Home Design

  • Traditional Architecture
  • Vinyl Siding

Flooring

  • Laminate
  • Tile

Additional Features

  • 2 Full Bathrooms
  • Crawl Space
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 159244

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.95727
  • Ratio Close Price By Original Li: 0.95727
  • Ratio Current Price By Acre: 632142.86
  • Ratio Current Price By Sq Ft: 147.75
  • Year Built: 1945
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cooktop Electric, Microwave, Refrigerator
  • Flooring: Carpet, Laminate Wood, Tile
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1198
  • Total Sq Ft: 1198

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Detached Garage

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.280
  • Parcel Number: 159244
  • Zoning Specification: RV

Tax Info

  • Tax Value: 69183.00
  • Tax Location: Kannapls/row

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2020
Closed on
Jun 25, 2020
Sold by
Ritchie Jeffrey R and Ritchie Jennifer L
Bought by
Johnson Kevin and Williams Cori
Seller's Agent
Sheena Sutton
Sutton Properties LLC
Buyer's Agent
Britney Biles
Mark Spain Real Estate
List Price
$184,900
Sold Price
$177,000
Premium/Discount to List
-$7,900
-4.27%
Current Estimated Value
$236,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,595
Avg. Annual Appreciation
5.91%
Original Mortgage
$178,000
Outstanding Balance
$162,828
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$75,316

Purchase Details

Closed on
Feb 24, 2020
Sold by
Richard Mcguire Properties Llc
Bought by
Ritchie Jeffrey R and Ritchie Jennifer L

Purchase Details

Closed on
Feb 11, 2020
Sold by
Jones Sheila Finney James and Jones Danny Eugene
Bought by
Richard Mcguire Properties Llc

Purchase Details

Closed on
Jun 6, 1994
Bought by
James Sheila F
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
Johnson Kevin $177,000 None Available
Ritchie Jeffrey R $85,000 None Available
Richard Mcguire Properties Llc $78,000 None Available
James Sheila F $500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Kevin $178,000
Previous Owner James Sheila F $45,000
Previous Owner James Sheila F $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $177,000 -4.3% $148 / Sq Ft
05/24/2020 05/24/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $184,900 -- $154 / 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
2025 $2,125 $175,580 $22,361 $153,219
2024 $2,125 $175,580 $22,361 $153,219
2023 $2,125 $175,580 $22,361 $153,219
2022 $891 $69,183 $18,635 $50,548
2021 $891 $69,183 $18,635 $50,548
2020 $891 $69,183 $18,635 $50,548
2019 $891 $69,183 $18,635 $50,548
2018 $762 $59,888 $18,634 $41,254
2017 $762 $59,888 $18,634 $41,254
2016 $762 $59,888 $18,634 $41,254
2015 $774 $59,888 $18,634 $41,254
2014 $748 $59,815 $17,143 $42,672
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3623308

Canopy MLS (Canopy Realtor® Association)

APN: 159-244