501 Commonwealth Dr Kannapolis, NC 28083
Estimated Value: $303,000 - $331,000
3
Beds
2
Baths
1,499
Sq Ft
$211/Sq Ft
Est. Value
About This Home
This home is located at 501 Commonwealth Dr, Kannapolis, NC 28083 and is currently estimated at $316,407, approximately $211 per square foot. 501 Commonwealth Dr is a home located in Cabarrus County with nearby schools including Jackson Park Elementary School, Kannapolis Middle, and A.L. Brown High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 22, 2003
Sold by
Bullard Timothy I and Bullard Paulette L
Bought by
Abernethy Laurie E and Daniels Robert S
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Outstanding Balance
$50,489
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$265,918
Purchase Details
Closed on
Nov 1, 1994
Bought by
Bullard Timothy I and Bullard Paulette L
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Abernethy Laurie E | $145,000 | -- | |
| Bullard Timothy I | $118,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Abernethy Laurie E | $116,000 | |
| Closed | Abernethy Laurie E | $21,750 |
Source: Public Records
Tax History Compared to Growth
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 | $3,264 | $287,490 | $44,000 | $243,490 |
| 2024 | $3,264 | $287,490 | $44,000 | $243,490 |
| 2023 | $2,384 | $173,990 | $26,000 | $147,990 |
| 2022 | $2,298 | $167,720 | $26,000 | $141,720 |
| 2021 | $2,298 | $167,720 | $26,000 | $141,720 |
| 2020 | $2,298 | $167,720 | $26,000 | $141,720 |
| 2019 | $1,946 | $142,040 | $24,000 | $118,040 |
| 2018 | $1,918 | $142,040 | $24,000 | $118,040 |
| 2017 | $1,889 | $142,040 | $24,000 | $118,040 |
| 2016 | $1,889 | $146,870 | $35,000 | $111,870 |
| 2015 | $1,851 | $146,870 | $35,000 | $111,870 |
| 2014 | $1,851 | $146,870 | $35,000 | $111,870 |
Source: Public Records
Map
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