NOT LISTED FOR SALE

418 E 23rd St Kannapolis, NC 28083

Estimated Value: $180,000 - $196,000

2 Beds
1 Bath
964 Sq Ft
$194/Sq Ft Est. Value

Last Sold October 29, 2020

Last sale price $116,000 $120 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,083/month

21 Days on Market

Highlights

  • Bungalow
  • Shed
  • 1-Story Property

About This Home

As of October 2020

Cozy bungalow with deck off side for relaxing! Perfect for first time buyers or rental investment. This home has 2 large bedrooms and 1 bath, NEW ROOF, just minutes from downtown Kannapolis. Spacious kitchen with appliances and breakfast area. NEW STOVE and MICROWAVE have been ordered. Rocking chair front porch. Storage building in backyard. So much potential in this one!

Last Agent to Sell the Property

Lisa Carlton

Carolina Homes Realty License #203498 Listed on: 08/23/2020

Co-Listed By

DeAnne Haney

RE/MAX Leading Edge License #190289

Last Buyer's Agent

Annabelle Cammarata

Coldwell Banker Realty License #311035

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 9,583

Parking

  • Gravel Driveway

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

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

Outdoor Features

  • Shed

Listing and Financial Details

  • Assessor Parcel Number 161054

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Bungalow
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.97479
  • Ratio Close Price By Original Li: 0.92800
  • Ratio Current Price By Acre: 527272.73
  • Ratio Current Price By Sq Ft: 120.33
  • Year Built: 1940
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Electric Range, Microwave, Refrigerator
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 964
  • Total Sq Ft: 964

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Gravel
  • Parking: Parking Space - 3

Utilities

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

Lot Info

  • Parcel Number: 161054
  • Zoning Specification: R

Tax Info

  • Tax Value: 62359.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2020
Closed on
Oct 28, 2020
Sold by
Baig Nadeem A and Sarwar Fouzia
Bought by
Bodine Ashlyn M
Seller's Agent
Lisa Carlton
Carolina Homes Realty
Buyer's Agent
Annabelle Cammarata
Coldwell Banker Realty
List Price
$125,000
Sold Price
$116,000
Premium/Discount to List
-$9,000
-7.2%
Current Estimated Value
$187,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,392
Avg. Annual Appreciation
9.68%
Original Mortgage
$112,520
Outstanding Balance
$100,127
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$87,265

Purchase Details

Closed on
May 11, 2004
Sold by
Hud
Bought by
Baig Nadeem A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,100
Interest Rate
5.89%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 25, 2003
Sold by
Shands Martin A and Shands Marcia J
Bought by
Hud
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bodine Ashlyn M $116,000 None Available
Baig Nadeem A -- --
Hud $69,462 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bodine Ashlyn M $112,520
Previous Owner Baig Nadeem A $43,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2020 10/29/20 Sold $116,000 -2.5% $120 / Sq Ft
09/13/2020 09/13/20 Pending -- -- --
09/05/2020 09/05/20 Price Changed $119,000 -4.8% $123 / Sq Ft
08/23/2020 08/23/20 For Sale $125,000 -- $130 / 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 $1,251 $103,391 $19,695 $83,696
2024 $1,251 $103,391 $19,695 $83,696
2023 $1,251 $103,391 $19,695 $83,696
2022 $803 $62,359 $16,413 $45,946
2021 $803 $62,359 $16,413 $45,946
2020 $803 $62,359 $16,413 $45,946
2019 $803 $62,359 $16,413 $45,946
2018 $714 $56,116 $16,412 $39,704
2017 $714 $56,116 $16,412 $39,704
2016 $714 $56,116 $16,412 $39,704
2015 $725 $56,116 $16,412 $39,704
2014 $699 $55,956 $15,099 $40,857
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3654730

Canopy MLS (Canopy Realtor® Association)

APN: 161-054