NOT LISTED FOR SALE

503 Wright Ave Kannapolis, NC 28083

Estimated Value: $242,000 - $268,000

3 Beds
1 Bath
1,153 Sq Ft
$223/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $215,000 $186 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,583/month

3 Days on Market

Highlights

  • Gazebo
  • Vinyl Plank Flooring
  • Level Lot
  • Jackson Park Elementary School Rated 9+

About This Home

As of July 2021

Step back and enjoy the charm of this beautifully remodeled modern farm house inspired to absolute perfection! From a new roof, new hot water heater, all updated electrical and plumbing and a list goes on. Here are just a few of its wonderful features: newly remodeled kitchen, breakfast nook, coffee bar, cutting board counter tops, ceramic tile backsplash, deep stainless steel sink including a spacious island (great for entertaining). Up to date matching appliances and bright and freshly painted cabinetry. Beautiful remodeled bathroom with new ceramic tile, gorgeous vanity and decor with sliding barn door. New luxurious vinyl plank flooring and laminate throughout entire home. Beautiful long driveway leading to a detached single car garage/workshop with an inviting back yard oasis great for relaxation with surrounding privacy fence. A very attractive and well maintained front and backyard retreat which also includes a two person hot tub for total tranquility.

Last Agent to Sell the Property

Jessica Kachline

Realty ONE Group Select License #302694 Listed on: 06/30/2021

Realty ONE Group Select

Last Buyer's Agent

Paula Severt

Lantern Realty & Development, LLC License #256100

Lantern Realty & Development, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • Level Lot
  • Open Lot

Home Design

  • Vinyl Siding

Flooring

  • Linoleum
  • Vinyl Plank

Outdoor Features

  • Gazebo
  • Separate Outdoor Workshop

Additional Features

  • Oven
  • 1 Full Bathroom
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 5624-60-1192-0000

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.08040
  • Ratio Close Price By Original Li: 1.08040
  • Ratio Current Price By Acre: 716666.67
  • Ratio Current Price By Sq Ft: 186.47
  • Year Built: 1941
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Brick, Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: Electric Oven, Microwave, Oven
  • Flooring: Linoleum, Vinyl Plank
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1153
  • Total Sq Ft: 1153

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Gazebo, Workshop

Garage/Parking

  • Driveway: Asphalt
  • Parking: Detached Garage, Parking Space - 4+

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Features: Level, Open Lot
  • Lot Size Area: 0.300
  • Parcel Number: 5624-60-1192-0000
  • Zoning Specification: RM-2

Tax Info

  • Tax Value: 105840.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Jul 30, 2021
Sold by
Carpenter John M and Carpenter Tessie L
Bought by
Weese Doreen Louise
Seller's Agent
Jessica Kachline
Realty ONE Group Select
Buyer's Agent
Paula Severt
Lantern Realty & Development, LLC
List Price
$199,000
Sold Price
$215,000
Premium/Discount to List
$16,000
8.04%
Current Estimated Value
$257,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,107
Avg. Annual Appreciation
4.35%
Original Mortgage
$204,250
Outstanding Balance
$185,727
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$71,380

Purchase Details

Closed on
Jan 29, 2016
Sold by
Honeycutt Tony R and Honeycutt Brenda
Bought by
Carpenter John M and Carpenter Tessie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,424
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 15, 2010
Sold by
Honeycutt Mary Belle and Honeycutt Tony
Bought by
Honeycutt Mary Belle and Honeycutt Tony
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
Weese Doreen Louise $215,500 Integrity Title Services Llc
Carpenter John M $87,000 None Available
Honeycutt Mary Belle -- None Available
Honeycutt Mary Belle -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weese Doreen Louise $204,250
Previous Owner Carpenter John M $85,424
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $215,000 +8.0% $186 / Sq Ft
07/03/2021 07/03/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $199,000 -- $173 / 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 $2,635 $232,050 $44,000 $188,050
2024 $2,635 $232,050 $44,000 $188,050
2023 $1,821 $132,890 $26,000 $106,890
2022 $1,821 $105,840 $26,000 $79,840
2021 $1,450 $105,840 $26,000 $79,840
2020 $1,450 $105,840 $26,000 $79,840
2019 $1,066 $77,840 $16,500 $61,340
2018 $1,051 $77,840 $16,500 $61,340
2017 $1,035 $77,840 $16,500 $61,340
2016 $1,035 $78,510 $19,800 $58,710
2015 $495 $78,510 $19,800 $58,710
2014 $495 $78,510 $19,800 $58,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3756280

Canopy MLS (Canopy Realtor® Association)

APN: 5624-60-1192-0000