NOT LISTED FOR SALE

501 Kimball St Kannapolis, NC 28081

Estimated Value: $208,000 - $235,000

2 Beds
2 Baths
970 Sq Ft
$228/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $200,000 $206 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,399/month

27 Days on Market

About This Home

As of August 2022

Move-in ready, beautifully renovated, perfect starter home priced to sell fast! Spacious yard great for entertaining guests. Come and see it quick before it’s gone!

New water heater, new roof, updated appliances, new flooring throughout, fresh paint, added shower to make half bath a full bath, new faucets, den outback has new roof and new paint (water and electricity disconnected from previous owner), new cement driveway/walkway, new windows.

Last Agent to Sell the Property

Sterling Torres

Taylor Morrison of Carolinas Inc License #316573 Listed on: 06/06/2022

Last Buyer's Agent

Ivonne Erion

Lantern Realty & Development, LLC License #289340

Lantern Realty & Development, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,338

Year Built

  • Built in 1936

Lot Details

  • Level Lot

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 970 Sq Ft Home
  • Laminate Flooring
  • Crawl Space

Kitchen

  • Oven
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • North Kannapolis Elementary School
  • Kannapolis Middle School
  • A.L. Brown High School

Utilities

  • Central Heating
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 152092B

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,338

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1936
  • Ratio Current Price By Acre: 740740.74
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 206.19
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Laminate
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 456
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 970
  • 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: Microwave, Oven, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 970
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Tax Location: Kannapls/row
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Laundry Room
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.27
  • Lot Size Units: Acres
  • Parcel Number: 152092B
  • Zoning Description: SFR
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 2.40316

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: North Kannapolis
  • High School: A.L. Brown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2022
Closed on
Aug 31, 2022
Sold by
Ignacio Arevalo Jose and Ignacio Estela Norma
Bought by
Rojas Alejandro Vazquez and Mota-Gonzalez Alicia
Seller's Agent
Sterling Torres
Taylor Morrison of Carolinas Inc
Buyer's Agent
Ivonne Erion
Lantern Realty & Development, LLC
List Price
$209,000
Sold Price
$200,000
Premium/Discount to List
-$9,000
-4.31%
Views
10
Current Estimated Value
$221,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,104
Avg. Annual Appreciation
4.93%
Original Mortgage
$180,000
Outstanding Balance
$174,008
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$56,740

Purchase Details

Listed on
Jan 14, 2022
Closed on
Feb 22, 2022
Sold by
New Life Developers Llc
Bought by
Arevalo Melendez Jose and Nunez De Arevalo Norma Estela
Seller's Agent
Denea Allman
Chase Real Estate
Buyer's Agent
Australia Dunphy
Lantern Realty & Development, LLC
List Price
$119,900
Sold Price
$112,000
Premium/Discount to List
-$7,900
-6.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
204.97%

Purchase Details

Closed on
Dec 27, 1995
Bought by
Harrington Robert Louis
Source: Public Records

Range of Values:

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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
Rojas Alejandro Vazquez $200,000 None Listed On Document
Arevalo Melendez Jose $112,000 None Listed On Document
Harrington Robert Louis $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rojas Alejandro Vazquez $180,000
Previous Owner New Life Developers Llc $44,250
Previous Owner New Life Developers Llc $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $200,000 -4.3% $206 / Sq Ft
07/20/2022 07/20/22 For Sale $209,000 0.0% $215 / Sq Ft
07/03/2022 07/03/22 Pending -- -- --
06/20/2022 06/20/22 Price Changed $209,000 -4.6% $215 / Sq Ft
06/14/2022 06/14/22 Price Changed $219,000 -4.4% $226 / Sq Ft
06/06/2022 06/06/22 For Sale $229,000 +104.5% $236 / Sq Ft
02/22/2022 02/22/22 Sold $112,000 -6.6% $122 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $119,900 -- $131 / 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 $2,338 $193,237 $20,227 $173,010
2024 $2,338 $193,237 $20,227 $173,010
2023 $2,338 $193,237 $20,227 $173,010
2022 $1,120 $86,969 $16,856 $70,113
2021 $1,120 $86,969 $16,856 $70,113
2020 $1,120 $86,969 $16,856 $70,113
2019 $1,120 $86,969 $16,856 $70,113
2018 $903 $70,903 $16,856 $54,047
2017 $774 $60,770 $16,856 $43,914
2016 $774 $60,770 $16,856 $43,914
2015 $785 $60,770 $16,856 $43,914
2014 $787 $62,947 $16,856 $46,091
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3866652

Canopy MLS (Canopy Realtor® Association)

APN: 152-092B