NOT LISTED FOR SALE

501 Spring St Kannapolis, NC 28083

Estimated Value: $262,409 - $300,000

3 Beds
2 Baths
1,176 Sq Ft
$238/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $153,000 $130 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,701/month

54 Days on Market

Highlights

  • Under Construction
  • Ranch Style House
  • Carpet

About This Home

As of November 2018

New construction home located in a convenient Cabarrus county location. Great for a starter home or investment. Granite counter tops, Open floor plan, with a covered-front porch. Close to amenities such as shops, restaurants, and convenient to I-85. Elevation C.

Last Agent to Sell the Property

Jeff Royal

CEDAR REALTY LLC License #247232 Listed on: 09/05/2018

Co-Listed By

John Sears

CEDAR REALTY LLC License #228692

Last Buyer's Agent

Jim Newgent

Southcrest Realty License #275659

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • 6,970

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Insulated Windows

Flooring

  • Carpet
  • Vinyl

Community Details

  • Built by PresPro

Listing and Financial Details

  • Assessor Parcel Number 5613-76-1891

Home Details

Home Type

Single Family

Year Built

Built in 2018 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 0.98965
  • Ratio Close Price By Original Li: 0.98965
  • Ratio Current Price By Acre: 956250.00
  • Ratio Current Price By Sq Ft: 130.10
  • Year Built: 2018
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Dishwasher, Electric Dryer Hookup, Ice Maker Connection, Exhaust Hood
  • Flooring: Carpet, Vinyl
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1176
  • Total Sq Ft: 1176

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway, Parking Space - 2

Utilities

  • Heating: Central Air, Heat Pump - AC, 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: 134 x 75
  • Lot Size Area: 0.160
  • Parcel Number: 5613-76-1891
  • Plat Book Slide: 3966
  • Zoning Specification: SFR

Building Info

  • Builder Name: PresPro

Tax Info

  • Tax Value: 9000.00
  • Tax Location: Kannapls/cab

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2021
Sold by
Fkh Sfr Cl Lp
Bought by
Fkh Sfr Ci Lp
Current Estimated Value
$279,352

Purchase Details

Listed on
Sep 5, 2018
Closed on
Nov 15, 2018
Sold by
Journey Capital Llc
Bought by
Cereberus Sfr Holdings Ii L P
Seller's Agent
Jeff Royal
CEDAR REALTY LLC
Buyer's Agent
Jim Newgent
Southcrest Realty
List Price
$154,600
Sold Price
$153,000
Premium/Discount to List
-$1,600
-1.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.10%

Purchase Details

Listed on
May 16, 2018
Closed on
Jun 1, 2018
Sold by
Dinkins Billy Gene and Dinkins Roberta
Bought by
Journey Capital Llc
Seller's Agent
Andre Allen
The Virtual Realty Group
Buyer's Agent
John Sears
CEDAR REALTY LLC
List Price
$18,900
Sold Price
$17,900
Premium/Discount to List
-$1,000
-5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7874.64%
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
Fkh Sfr Ci Lp -- Os National Llc
Cereberus Sfr Holdings Ii L P $153,000 None Available
Journey Capital Llc $18,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2018 11/30/18 Sold $153,000 -1.0% $130 / Sq Ft
10/29/2018 10/29/18 Pending -- -- --
09/05/2018 09/05/18 For Sale $154,600 +763.7% $131 / Sq Ft
06/04/2018 06/04/18 Sold $17,900 -5.3% -- View Prior Sale
05/17/2018 05/17/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $18,900 -- --
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 $2,829 $249,170 $45,000 $204,170
2024 $2,829 $249,170 $45,000 $204,170
2023 $2,150 $156,950 $34,000 $122,950
2022 $2,150 $156,950 $34,000 $122,950
2021 $2,150 $156,950 $34,000 $122,950
2020 $2,150 $156,950 $34,000 $122,950
2019 $1,376 $100,440 $9,000 $91,440
2018 $122 $9,000 $9,000 $0
2017 $120 $9,000 $9,000 $0
2016 $120 $11,250 $11,250 $0
2015 -- $11,250 $11,250 $0
2014 -- $11,250 $11,250 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3431445

Canopy MLS (Canopy Realtor® Association)

APN: 5613-76-1891-0000