NOT LISTED FOR SALE

500 S Main St Kannapolis, NC 28081

Estimated Value: $304,000 - $358,677

3 Beds
2 Baths
2,030 Sq Ft
$164/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $250,000 $123 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,982/month

171 Days on Market

Highlights

  • Vaulted Ceiling
  • Corner Lot
  • 1-Story Property
  • Wood Flooring
  • Kitchen Island

About This Home

As of December 2020

Don't miss out on this beautiful home boasting southern charm. This home is located on Main st. a few of blocks from downtown. This home is zoned for commercial or residential use! Come enjoy this showcase home and its rocking chair front porch, large rooms, vaulted ceilings, original hardwood floors & wonderful front yard.

Last Agent to Sell the Property

Josh Phillips

EXP Realty LLC License #289992 Listed on: 05/22/2020

EXP Realty LLC

Last Buyer's Agent

Vanessa Miles

Howard Hanna Allen Tate Concord License #298718

Howard Hanna Allen Tate Concord

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • Corner Lot

Parking

  • Gravel Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1-Story Property
  • Vaulted Ceiling
  • Kitchen Island

Flooring

  • Wood
  • Linoleum

Listing and Financial Details

  • Assessor Parcel Number 5613-57-3480-0000

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.94340
  • Ratio Close Price By Original Li: 0.84746
  • Ratio Current Price By Acre: 625000.00
  • Ratio Current Price By Sq Ft: 123.15
  • Year Built: 1930
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Brick
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher, Dryer, Electric Oven, Ice Maker Connection, Refrigerator, Washer
  • Flooring: Linoleum, Wood
  • Interior Amenities: Kitchen Island, Vaulted Ceiling
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 2030
  • Total Sq Ft: 2030

Exterior Features

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

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Schools

  • Elementary School: Fred Wilson
  • Middle School: Kannapolis
  • High School: A.L. Brown

Lot Info

  • Lot Dimension: 92x186x109x165
  • Lot Features: Corner Lot
  • Lot Size Area: 0.400
  • Parcel Number: 5613-57-3480-0000
  • Zoning Specification: CC

Tax Info

  • Tax Value: 153690.00
  • Tax Location: Kannapls/cab

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Dec 1, 2020
Sold by
Atlantic American Properties Inc
Bought by
Evans Rachel Elizazbeth
Seller's Agent
Josh Phillips
EXP Realty LLC
Buyer's Agent
Vanessa Miles
Howard Hanna Allen Tate Concord
List Price
$295,000
Sold Price
$250,000
Premium/Discount to List
-$45,000
-15.25%
Current Estimated Value
$333,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,669
Avg. Annual Appreciation
6.13%
Original Mortgage
$250,000
Outstanding Balance
$222,971
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$110,698
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
Evans Rachel Elizazbeth $250,000 None Available
Evans Rachel Elizabeth $250,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans Rachel Elizabeth $250,000
Closed Evans Rachel Elizazbeth $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2020 12/21/20 Sold $250,000 -5.7% $123 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
09/29/2020 09/29/20 Price Changed $265,000 -3.6% $131 / Sq Ft
07/08/2020 07/08/20 Price Changed $275,000 -6.8% $135 / Sq Ft
05/22/2020 05/22/20 For Sale $295,000 -- $145 / 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 $2,784 $245,180 $85,000 $160,180
2024 $2,784 $245,180 $85,000 $160,180
2023 $3,200 $233,560 $174,240 $59,320
2022 $3,078 $224,700 $174,240 $50,460
2021 $3,078 $224,700 $174,240 $50,460
2020 $3,078 $224,700 $174,240 $50,460
2019 $2,106 $153,690 $104,410 $49,280
2018 $2,075 $153,690 $104,410 $49,280
2017 $2,044 $153,690 $104,410 $49,280
2016 -- $261,190 $210,560 $50,630
2015 $3,291 $261,190 $210,560 $50,630
2014 $3,291 $261,190 $210,560 $50,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3623546

Canopy MLS (Canopy Realtor® Association)

APN: 5613-57-3480-0000