NOT LISTED FOR SALE

502 Wright Ave Unit 35-36 Kannapolis, NC 28083

Estimated Value: $330,000 - $354,000

0.3 Acre
$1,148,703 Price per Acre
13,068 Sq Ft Lot

Last Sold January 03, 2022

Last sale price $65,000

Est. 418% increase in value since last sale

Current estimated payment $2,155/month

1 Day on Market

Highlights

  • Wooded Lot
  • No HOA
  • Level Lot
  • Jackson Park Elementary School Rated 9+

About This Lot

As of January 2022

*MULTIPLE OFFERS RECEIVED!! CALLING FOR YOUR BEST OFFER BY 4PM SUNDAY, DECEMBER 5TH, 2021. Calling all new home builders! Great level lot for building a residence in the city of Kannapolis! City Water/Sewer access. Less than 5 minute drive to the newly renovated and flourishing shops and restaurants in Downtown Kannapolis and the Atrium Ballpark. Less than 5 minutes to I-85 via Lane Street, less than 2 minutes to Hwy 29. If you are looking to build in the city of Kannapolis, you need to check out this parcel!

Last Agent to Sell the Property

Lynnette Gearing

Lantern Realty & Development, LLC Brokerage Email: lynnettegearing.realtor@gmail.com License #306394 Listed on: 12/04/2021

Lantern Realty & Development, LLC

Last Buyer's Agent

Edward Steve Perri

Southern Homes of the Carolinas, Inc License #40968

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,748

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 75x174x82x26x158
  • Level Lot
  • Wooded Lot
  • Possible uses of the property include Residential
  • Property is zoned RM-2

Home Design

  • Slab Foundation

Basement

  • Crawl Space

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5624-60-4106-0000
  • Tax Block K

Property Details

Property Type

Land

Est. Annual Taxes

$3,748

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Attribution Contact: lynnettegearing.realtor@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Slab
  • Possible Use: Residential
  • Room Count: 0

Exterior Features

  • Road Frontage: 75
  • Waterfront Features: None
  • Other Structures: None

Utilities

  • Sewer: Public Sewer
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Association: No

Schools

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

Lot Info

  • Lot Features: Level, Wooded
  • Lot Size Area: 0.3
  • Lot Size Units: Acres
  • Parcel Number: 5624-60-4106-0000
  • Zoning: RM-2
  • Can Be Subdivided: 0
  • Cleared Acres: 0.20
  • Lot Size Acres: 0.3
  • Lot Size: 75x174x82x26x158
  • Lot Size Sq Ft: 13068
  • Wooded Area: 0.1
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RM-2

Green Features

  • Green Verification Count: 1

Tax Info

  • Tax Block: K

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2025
Sold by
Dalka Gail and Dalka Ronald
Bought by
Dalka Family Trust and Dalka
Current Estimated Value
$336,532

Purchase Details

Closed on
Sep 27, 2022
Sold by
Spotlight Homes Llc
Bought by
Dalka Gail and Dalka Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,851
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 4, 2021
Closed on
Jan 3, 2022
Sold by
Rary Willa Dean
Bought by
Spotlight Homes Llc
Seller's Agent
Lynnette Gearing
Lantern Realty & Development, LLC
Buyer's Agent
Edward Steve Perri
Southern Homes of the Carolinas, Inc
List Price
$50,000
Sold Price
$65,000
Premium/Discount to List
$15,000
30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.40%

Purchase Details

Closed on
May 3, 2007
Sold by
Crumbley Donald Larry and Crumbley Donna L
Bought by
Rary Willa Dean

Purchase Details

Closed on
Feb 8, 2005
Sold by
Crumbley Donald Larry and Crumbley Donna L
Bought by
Crumbley Donald Larry and Crumbley Donna L

Purchase Details

Closed on
Jul 3, 2002
Sold by
Ruth H L
Bought by
Crumbley Donald Larry
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
Dalka Family Trust -- None Listed On Document
Dalka Gail $325,000 --
Spotlight Homes Llc $65,000 None Available
Rary Willa Dean $19,000 None Available
Crumbley Donald Larry -- --
Crumbley Donald Larry $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dalka Gail $104,851
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2022 01/03/22 Sold $65,000 +30.0% --
12/05/2021 12/05/21 Pending -- -- --
12/04/2021 12/04/21 For Sale $50,000 -- --
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
2024 $3,748 $330,060 $44,000 $286,060
2023 $2,435 $177,750 $26,000 $151,750
2022 $356 $26,000 $26,000 $0
2021 $356 $26,000 $26,000 $0
2020 $356 $26,000 $26,000 $0
2019 $154 $11,250 $11,250 $0
2018 $152 $11,250 $11,250 $0
2017 $150 $11,250 $11,250 $0
2016 $150 $13,500 $13,500 $0
2015 -- $13,500 $13,500 $0
2014 -- $13,500 $13,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3810980

Canopy MLS (Canopy Realtor® Association)

APN: 5624-60-4106-0000