NOT LISTED FOR SALE

501 S Little Texas Rd Kannapolis, NC 28083

Estimated Value: $209,000 - $218,000

3 Beds
1 Bath
1,062 Sq Ft
$202/Sq Ft Est. Value

Last Sold June 24, 2020

Last sale price $129,000 $121 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,308/month

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Laundry Room
  • Corner Lot
  • Breakfast Bar
  • Shed

About This Home

As of August 2022

Recently remodeled with laminate wood floors, subway tiles, granite countertops, stainless steel fridge, new outdoor 10 x 12 shed. Check out our virtual tour: https://my.matterport.com/show/?m=6tq4aCnMa4r&mls=1

Last Agent to Rent the Property

Rachel Fortune

Charity Realty License #215318 Listed on: 07/13/2022

Last Renter's Agent

Rachel Fortune

Charity Realty License #215318 Listed on: 07/13/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,222

Year Built

  • Built in 1968

Lot Details

  • Corner Lot
  • Zoning described as RM-2

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Ranch Style House
  • Entry on the 1st floor

Interior Spaces

  • 1,062 Sq Ft Home
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Forest Park Elementary School
  • Kannapolis Middle School
  • A.L. Brown High School

Utilities

  • Central Heating
  • Heat Pump System

Listing and Financial Details

  • Security Deposit $1,500
  • Property Available on 6/20/20
  • Tenant pays for all utilities
  • Assessor Parcel Number 5623-32-0752-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,222

Year Built

Built in 1968

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities
  • Furnished: Unfurnished
  • Pets Allowed: Conditional
  • Pet Deposit: 300
  • Deposit Security: 1500
  • Smoking Allowed Yn: 0
  • Available Date: 2020-06-20

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Rental
  • Architectural Style: Ranch
  • Year Built: 1968
  • Ratio Current Price By Acre: 4545.45
  • Unit Floor Level: 1
  • Property Sub Type Secondary: 1 Story
  • Road Surface Type: Gravel
  • Structure Type: House
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Carpet, Tile, Laminate
  • Interior Amenities: Breakfast Bar, Pantry
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1062
  • 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
  • Porch: Back,Covered
  • Appliances: Ceiling Fan(s), Disposal, Electric Oven, Electric Dryer Hookup, Refrigerator
  • Above Grade Finished Sq Ft: 1062
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1062
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Shed(s)
  • Roof: Shingle

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Parking Space - 4+

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, Utility Room
  • Water Source: Public

Schools

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

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.33
  • Lot Size Units: Acres
  • Parcel Number: 5623-32-0752-0000
  • Zoning Description: RM-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Forest Park
  • High School: A.L. Brown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2020
Closed on
Jun 19, 2020
Sold by
Chavis Shannon Rene and Chavis Brandon Kyle
Bought by
Mack Tina and Mack Brian James
Seller's Agent
Rachel Fortune
Charity Realty
Buyer's Agent
Rachel Fortune
Charity Realty
Sold Price
$1,200
Current Estimated Value
$214,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,814
Avg. Annual Appreciation
10.00%
Original Mortgage
$103,200
Outstanding Balance
$91,479
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$122,535

Purchase Details

Listed on
Aug 7, 2018
Closed on
Sep 21, 2018
Sold by
Watts Christopher R and Watts Tenille P
Bought by
Chavis Shannon Rene and Chavis Brandon Kyle
Seller's Agent
Grant Stevens
Stevens & Co
Buyer's Agent
Mallory Caudle
Carolina Homes Realty
List Price
$125,000
Sold Price
$124,000
Premium/Discount to List
-$1,000
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.27%
Original Mortgage
$121,754
Interest Rate
5.62%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 2008
Sold by
The Orion Group Inc
Bought by
Watts Christopher R and Watts Tenille P

Purchase Details

Closed on
Mar 11, 2008
Sold by
Smith Colene and Smith Andrew
Bought by
The Orion Group Inc

Purchase Details

Closed on
Nov 9, 2007
Sold by
Smith Perry and Smith Andrew
Bought by
Smith Colene

Purchase Details

Closed on
Dec 1, 1994
Bought by
Smith Perry

Purchase Details

Closed on
Sep 1, 1985
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
Mack Tina $129,000 None Available
Chavis Shannon Rene $124,000 None Available
Watts Christopher R $48,000 None Available
The Orion Group Inc $35,000 None Available
Smith Colene -- None Available
Smith Perry $25,500 --
-- $25,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mack Tina $103,200
Previous Owner Chavis Shannon Rene $121,754
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2022 08/21/22 Rented $1,500 0.0% --
08/04/2022 08/04/22 Price Changed $1,500 -6.3% $1 / Sq Ft
07/13/2022 07/13/22 For Rent $1,600 +33.3% --
07/01/2020 07/01/20 Rented $1,200 0.0% --
06/24/2020 06/24/20 Sold $129,000 0.0% $121 / Sq Ft View Prior Sale
06/13/2020 06/13/20 For Rent $1,200 0.0% --
05/09/2020 05/09/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $139,900 +12.8% $132 / Sq Ft
09/21/2018 09/21/18 Sold $124,000 +3.3% $118 / Sq Ft View Prior Sale
08/21/2018 08/21/18 Pending -- -- --
08/20/2018 08/20/18 Price Changed $119,999 -4.0% $114 / Sq Ft
08/07/2018 08/07/18 For Sale $125,000 -- $119 / 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 $2,222 $195,640 $40,000 $155,640
2024 $2,222 $195,640 $40,000 $155,640
2023 $1,738 $126,850 $26,000 $100,850
2022 $1,738 $126,850 $26,000 $100,850
2021 $1,738 $126,850 $26,000 $100,850
2020 $1,684 $122,890 $26,000 $96,890
2019 $1,255 $91,640 $12,000 $79,640
2018 $826 $61,180 $12,000 $49,180
2017 $814 $61,180 $12,000 $49,180
2016 $814 $72,750 $20,000 $52,750
2015 $917 $72,750 $20,000 $52,750
2014 $917 $72,750 $20,000 $52,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3877803

Canopy MLS (Canopy Realtor® Association)

APN: 5623-32-0752-0000