NOT LISTED FOR SALE

503 Wright Ave Kannapolis, NC 28083

Kannapolis Area

Estimated Value: $254,104

3 Beds
1 Bath
1,153 Sq Ft
$220/Sq Ft Est. Value

Sale Details

Date Sold: July 30, 2021

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

Est. 18% increase in value since last sale

Current estimated payment $1,655 / mo

3 Days on Market

Highlights

  • Gazebo
  • 1-Story Property
  • Level Lot
  • Jackson Park Elementary School Rated 9+
  • Vinyl Plank Flooring

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

Dazcon Properties License #302694 Listed on: 06/30/2021

Last Buyer's Agent

Paula Severt

Lantern Realty & Development, LLC License #256100

Lantern Realty & Development, LLC

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • Level Lot
  • Open Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Crawl Space
  • Oven

Flooring

  • Linoleum
  • Vinyl Plank

Outdoor Features

  • Gazebo
  • Separate Outdoor Workshop

Listing and Financial Details

  • Assessor Parcel Number 5624-60-1192-0000

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0.3 Acres

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

Lot Info

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

Tax Info

  • Tax Value: 105840.00
  • Tax Location: Cabarrus

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Seller's Agent
Jessica Kachline
Dazcon Properties
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
$254,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,104
Avg. Annual Appreciation
3.30%
Original Mortgage
$204,250
Outstanding Balance
$181,258
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$72,846

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
Bought by
Honeycutt Mary Belle and Honeycutt Tony
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Kannapolis, NC

  • Barbara Lomax Real Estate Agent - Wallace Realty

    Barbara Lomax

    Wallace Realty

    (980) 305-7150

    43 Total Sales

    1 in Kannapolis

    $236,500 Price

    Barbara Lomax
     Section Image
  • Lupita Adame Cisneros Real Estate Agent - EXP Realty LLC

    Lupita Adame Cisneros

    EXP Realty LLC

    (980) 553-7079

    97 Total Sales

    1 in Kannapolis

    $275,000 Price

    Lupita Adame Cisneros
     Section Image
  • John Robinson Real Estate Agent - MATHERS REALTY.COM

    John Robinson

    MATHERS REALTY.COM

    (980) 430-4233

    58 Total Sales

    2 in Kannapolis

    $205K - $320K Price Range

    John Robinson
     Section Image
  • Stephen Kue Real Estate Agent - Century 21 American Homes

    Stephen Kue

    Century 21 American Homes

    (828) 523-9046

    160 Total Sales

    1 in Kannapolis

    $289,000 Price

    Stephen Kue
     Section Image
  • Nicole McAlister Real Estate Agent - Keller Williams Ballantyne Area

    Nicole McAlister

    Keller Williams Ballantyne Area

    (980) 550-5120

    401 Total Sales

    7 in Kannapolis

    $200K - $380K Price Range

    Nicole McAlister
     Section Image
  • Wendell Rummage Real Estate Agent - Lantern Realty & Development, LLC

    Wendell Rummage

    Lantern Realty & Development, LLC

    (980) 268-2246

    105 Total Sales

    17 in Kannapolis

    $150K - $450K Price Range

    Wendell Rummage
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $204,250
Previous Owner Carpenter John M $18,530
Previous Owner Carpenter John M $85,424
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 -- $232,050 $44,000 $188,050
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

  • JK

    Seller's Agent in 2021

    Jessica Kachline

    Dazcon Properties

    (704) 438-4062

    62 Total Sales

    Jessica Kachline
    Section Image
  • Paula Severt Real Estate Agent - Lantern Realty & Development, LLC

    Buyer's Agent in 2021

    Paula Severt

    Lantern Realty & Development, LLC

    (704) 232-3433

    100 Total Sales

    Paula Severt
    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3756280

Canopy MLS

APN: 5624-60-1192-0000

North Carolina Cabarrus County Kannapolis 28083

503 Wright Ave, Kannapolis, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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