NOT LISTED FOR SALE

501 Martin Cir Unit A/B Kannapolis, NC 28081

4 Beds
4 Baths
1,856 Sq Ft
5,227 Sq Ft Lot

Last Sold February 02, 2017

Last sale price $142,500 $77 Per Sq Ft

598 Days on Market

About This Home

As of February 2017

GREAT INVESTMENT OPPORTUNITY!! Less than 1 mile from the Research Campus, downtown Kannapolis and close to I-85. 2 separate parcels (see PIN-5613-47-7464- Units C/D). All 4 units currently rented- 2 w/ long term tenants. Monthly income with all 4 units approx.$2685.00. TOTAL PACKAGE OF 4 UNITS OFFERED FOR $325,000.00. Each unit has an attached garage. Builder was originally going to build another 3/2 duplex next to units C/D- room on this parcel-buyer verify h20/sewer/power availability.

Last Agent to Sell the Property

Dawn Julian

Southern Homes of the Carolinas, Inc License #277882 Listed on: 05/10/2015

Last Buyer's Agent

Brad McDaniel

American Property Managers LLC License #271755

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2001

Lot Details

  • 5,227

Parking

  • Attached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Vinyl Siding

Bedrooms and Bathrooms

Listing and Financial Details

  • Tenant pays for all utilities, water
  • Rent includes exterior maintenance
  • Assessor Parcel Number 5613-47-7385-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 2001

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ratio Close Price By List Price: 0.95000
  • Ratio Close Price By Original Li: 0.86364
  • Ratio Current Price By Acre: 1187500.00
  • Ratio Current Price By Sq Ft: 76.78
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Equipment: Electric Range, Electric Oven
  • Laundry Location: Main, Closet
  • Total Sq Ft: 1856

Exterior Features

  • Construction: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 1 Car

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimension: 82x82x58x84
  • Lot Size Area: 0.120
  • Parcel Number: 5613-47-7385-0000
  • Zoning Specification: CC

Rental Info

  • Rent Includes: Exterior Maintenance
  • Tenant Pays: All Utilities, Water

Tax Info

  • Tax Value: 150660.00
  • Tax Location: Cabarrus

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2017 02/02/17 Sold $142,500 -13.6% $77 / Sq Ft
12/28/2016 12/28/16 Pending -- -- --
05/10/2015 05/10/15 For Sale $165,000 -- $89 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3084999

Canopy MLS (Canopy Realtor® Association)