NOT LISTED FOR SALE

504 Ford St Kannapolis, NC 28083

Estimated Value: $241,000 - $266,393

3 Beds
2 Baths
1,336 Sq Ft
$190/Sq Ft Est. Value

Last Sold June 23, 2022

Last sale price $245,000 $183 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,582/month

4 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Central Heating

About This Home

As of June 2022

This adorable bungalow with a front porch was previously renovated and featured on HGTV in 2014, and now it could be yours! This home has the modern conveniences with all of the charm expected in a Kannapolis bungalow. The primary bedroom has a lovely mantle and private bathroom. The additional bedrooms are larger than expected for a bungalow. The kitchen features on trend light gray cabinetry, stainless steel appliances, granite counters and an island with butcher block countertop. Enjoy your morning coffee here, or on the adorable front porch swing. The private fenced backyard with deck is perfect for year round entertaining. A true gem that is convenient to UNC Research Campus, downtown revitalization, shopping, restaurants and easy access to I85, and more! Roof, HVAC and Water Heater are approximately 8 years old.

**We have received multiple offers at this time and request all offers by Saturday 5/14 at 5:00 PM.

Last Agent to Sell the Property

Becky McCully

Real Broker, LLC License #315053 Listed on: 05/12/2022

Real Broker, LLC

Last Buyer's Agent

Hannah Morris

Howard Hanna Allen Tate Concord License #274486

Howard Hanna Allen Tate Concord

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 7,536

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,336 Sq Ft Home
  • Wood Flooring
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • On-Street Parking

Additional Features

  • Zoning described as RV
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 5613-75-4364-0000

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1930
  • Ratio Current Price By Acre: 1441176.47
  • Road Surface Type: Gravel
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Wood
  • Fixture Exception Yn: 1
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1336
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Fixture Exception Description: LR Ceiling Light, TV in primary bedroom, Kitchen Shelves
  • Appliances: Dishwasher, Electric Range, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1336
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Tax Location: Kannapls/cab
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway, On Street

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5613-75-4364-0000
  • Zoning Description: RV

Tax Info

  • RATIO List Price By Tax Amount: 1.86573

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 22, 2022
Sold by
Braun John F and Braun Dina L
Bought by
Ferraresi Zachery William and Kline Gabrielle
Seller's Agent
Becky McCully
Real Broker, LLC
Buyer's Agent
Hannah Morris
Howard Hanna Allen Tate Concord
List Price
$229,000
Sold Price
$245,000
Premium/Discount to List
$16,000
6.99%
Current Estimated Value
$258,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,945
Avg. Annual Appreciation
1.03%
Original Mortgage
$240,652
Outstanding Balance
$229,041
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$25,057

Purchase Details

Listed on
Jul 20, 2017
Closed on
Oct 6, 2017
Sold by
Ashton Cameron J and Ashton Victoria B
Bought by
Braun John F and Braun Dina L
Seller's Agent
Amanda Clark
Savvy + Co Real Estate
Buyer's Agent
Dina Braun
Fathom Realty NC LLC
List Price
$129,900
Sold Price
$130,200
Premium/Discount to List
$300
0.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.33%
Original Mortgage
$90,200
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2015
Sold by
Evans Duane N and Evans Shannon R
Bought by
Ashton Cameron J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,620
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 9, 2014
Sold by
Journey Investment Group Llc
Bought by
Evans Duane N and Evans Shannon R

Purchase Details

Closed on
Jul 30, 2013
Sold by
Sweatt Gary M
Bought by
Farmers & Merchants Bank and F&M Bank

Purchase Details

Closed on
Oct 1, 1992
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ferraresi Zachery William $245,000 None Listed On Document
Braun John F $130,500 None Available
Ashton Cameron J $87,500 None Available
Evans Duane N $37,000 None Available
Farmers & Merchants Bank $49,500 None Available
-- $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferraresi Zachery William $240,652
Previous Owner Braun John F $90,200
Previous Owner Ashton Cameron J $85,620
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2022 06/23/22 Sold $245,000 +7.0% $183 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $229,000 +75.9% $171 / Sq Ft
10/06/2017 10/06/17 Sold $130,200 +0.2% $97 / Sq Ft View Prior Sale
09/04/2017 09/04/17 Pending -- -- --
07/20/2017 07/20/17 For Sale $129,900 -- $97 / 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 $2,740 $241,300 $40,000 $201,300
2024 $2,740 $241,300 $40,000 $201,300
2023 $1,682 $122,740 $22,000 $100,740
2022 $1,682 $122,740 $22,000 $100,740
2021 $1,682 $122,740 $22,000 $100,740
2020 $1,682 $122,740 $22,000 $100,740
2019 $1,247 $91,030 $10,500 $80,530
2018 $1,229 $91,030 $10,500 $80,530
2017 $1,154 $86,770 $10,500 $76,270
2016 $1,154 $86,240 $11,250 $74,990
2015 $876 $74,490 $11,250 $63,240
2014 $876 $74,490 $11,250 $63,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3857129

Canopy MLS (Canopy Realtor® Association)

APN: 5613-75-4364-0000