NOT LISTED FOR SALE

503 W 7th St Kannapolis, NC 28081

Estimated Value: $225,000 - $256,000

3 Beds
2 Baths
1,300 Sq Ft
$190/Sq Ft Est. Value

About This Home

This home is located at 503 W 7th St, Kannapolis, NC 28081 and is currently estimated at $246,976, approximately $189 per square foot. 503 W 7th St is a home located in Rowan County with nearby schools including North Kannapolis Elementary School, Kannapolis Middle, and A.L. Brown High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2023
Sold by
Brown Timothy Joseph and Brown Alice Leedy
Bought by
Brown Mitchell Timothy
Current Estimated Value
$246,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Outstanding Balance
$207,285
Interest Rate
6.33%
Mortgage Type
VA
Estimated Equity
$39,691

Purchase Details

Closed on
Feb 5, 2013
Sold by
Rabon Properties Llc
Bought by
Brown Mitchell Timothy and Brown Timothy Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,733
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 13, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Rabon Properties Llc

Purchase Details

Closed on
Nov 10, 2011
Sold by
Mcgrady Tracey D
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 24, 2006
Sold by
Zaremski Ginger and Zaremski Matthew
Bought by
Mcgrady Tracey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
6.44%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 26, 2004
Sold by
Sexton Ginger M and Sexton James A
Bought by
Sexton Ginger M
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Brown Mitchell Timothy -- --
Brown Mitchell Timothy $97,500 None Available
Rabon Properties Llc -- None Available
Federal Home Loan Mortgage Corporation $70,200 None Available
Mcgrady Tracey $115,000 Southern States Title Servic
Sexton Ginger M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Mitchell Timothy $214,000
Previous Owner Brown Mitchell Timothy $95,733
Previous Owner Mcgrady Tracey $103,500
Source: Public Records

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 $2,350 $194,177 $28,500 $165,677
2024 $2,350 $194,177 $28,500 $165,677
2023 $2,350 $194,177 $28,500 $165,677
2022 $1,569 $121,865 $22,000 $99,865
2021 $1,569 $121,865 $22,000 $99,865
2020 $1,569 $121,865 $22,000 $99,865
2019 $1,569 $121,865 $22,000 $99,865
2018 $1,301 $102,177 $23,868 $78,309
2017 $1,301 $102,177 $23,868 $78,309
2016 $1,301 $102,177 $23,868 $78,309
2015 $1,321 $102,177 $23,868 $78,309
2014 $1,254 $100,333 $19,890 $80,443
Source: Public Records

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