NOT LISTED FOR SALE

504 Forest Ave Kannapolis, NC 28081

Estimated Value: $204,000 - $320,000

2 Beds
1 Bath
1,199 Sq Ft
$206/Sq Ft Est. Value

Last Sold October 24, 2023

Last sale price $223,000 $186 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,501/month

54 Days on Market

Highlights

  • Wood Flooring
  • Enclosed Glass Porch
  • More Than Two Accessible Exits
  • Cottage
  • Laundry Room
  • 1-Story Property

About This Home

As of October 2023

At no fault of the seller this quaint cottage is back on the market! Watch the fireworks from your own porch! This 2 bedroom 1 bath home has many updates which include new windows, new washer/dryer, new HVAC, new water heater. This home boasts charming hardwood floors that are in excellent shape. Located just off Loop Rd in Kannapolis and very close to recently revitalized Kannapolis and the new Baseball Stadium. Water, sewer and trash service are provided by the City of Kannapolis. There is off-street parking in a shared driveway with the house to the right.

Last Agent to Sell the Property

Beth Steedley

Century 21 Towne and Country License #329654 Listed on: 07/31/2023

Century 21 Towne and Country

Last Buyer's Agent

Naomi Hofert

Howard Hanna Allen Tate Lake Norman License #289430

Howard Hanna Allen Tate Lake Norman

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • Level Lot
  • Property is zoned Single F, R-4

Home Design

  • Cottage
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,199 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Crawl Space
  • Electric Oven

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Shared Driveway
  • 2 Open Parking Spaces

Utilities

  • Heat Pump System
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Enclosed Glass Porch

Community Details

  • Trails

Listing and Financial Details

  • Assessor Parcel Number 149 263
  • Tax Block C

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1925
  • Restrictions: N/A
  • Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 185.99
  • Property Sub Type Additional: None
  • Geocode Confidence: Medium
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Tile, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1199
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dryer, Electric Oven, Oven, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1199
  • Accessibility Features: Two or More Access Exits
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1199
  • Window Features: Insulated Window(s)
  • Bedroom Main: 2

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Vinyl
  • Patio And Porch Features: Covered, Enclosed, Front Porch, Glass Enclosed

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Shared Driveway

Utilities

  • Heating: Electric
  • Sewer: Public Sewer
  • Laundry Features: Utility Room, Inside
  • Security: Smoke Detector(s)
  • Cooling: Heat Pump
  • Utilities: Cable Available, Electricity Connected
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Walking Trails
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 149 263
  • Zoning: R-4
  • Plat Book Slide: 9995
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Single F

Tax Info

  • Tax Block: C

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2023
Closed on
Oct 18, 2023
Sold by
Vassallo Christopher
Bought by
Webster Evan and Detmer Halley Elaine
Seller's Agent
Beth Steedley
Century 21 Towne and Country
Buyer's Agent
Naomi Hofert
Howard Hanna Allen Tate Lake Norman
List Price
$235,000
Sold Price
$223,000
Premium/Discount to List
-$12,000
-5.11%
Views
87
Current Estimated Value
$247,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,310
Avg. Annual Appreciation
4.68%
Original Mortgage
$215,557
Outstanding Balance
$210,397
Interest Rate
6.99%
Mortgage Type
FHA
Estimated Equity
$36,913

Purchase Details

Listed on
Jul 1, 2021
Closed on
Sep 23, 2021
Sold by
Coyle Charlotte Tilton
Bought by
Vassallo Christopher
Seller's Agent
Alan Overcash
Overcash Real Estate LLC
Buyer's Agent
Beth Steedley
Century 21 Towne and Country
List Price
$165,000
Sold Price
$162,000
Premium/Discount to List
-$3,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.52%
Original Mortgage
$159,065
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 2021
Sold by
Tilton George and Tilton Nancy Theresa
Bought by
Coyle Charlotte Tilton

Purchase Details

Closed on
Dec 21, 2020
Sold by
Tilton George and Tilton Nancy Theresa
Bought by
Tilton George A and Tilton Nancy Theresa

Purchase Details

Closed on
Oct 4, 2013
Sold by
Coyle Charlotte
Bought by
Tilton George

Purchase Details

Closed on
Nov 15, 2011
Sold by
Smith Reginald K and Smith Judy B
Bought by
Coyle Charlotte T

Purchase Details

Closed on
May 21, 2007
Sold by
Powell Kenneth Wayne and Powell Carlotta M
Bought by
Smith Reginald K and Smith Judy B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Webster Evan $223,000 None Listed On Document
Vassallo Christopher $162,000 Investors Title Insurance Co
Coyle Charlotte Tilton -- None Available
Tilton George A -- None Available
Tilton George -- None Available
Coyle Charlotte T $85,000 None Available
Smith Reginald K $64,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Webster Evan $215,557
Previous Owner Vassallo Christopher $159,065
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2023 10/24/23 Sold $223,000 -3.9% $186 / Sq Ft
09/13/2023 09/13/23 Price Changed $232,000 -2.1% $193 / Sq Ft
08/11/2023 08/11/23 Price Changed $237,000 -4.0% $198 / Sq Ft
07/31/2023 07/31/23 Price Changed $247,000 +5.1% $206 / Sq Ft
07/31/2023 07/31/23 For Sale $235,000 +45.1% $196 / Sq Ft
09/20/2021 09/20/21 Sold $162,000 -1.8% $135 / Sq Ft View Prior Sale
08/23/2021 08/23/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $165,000 0.0% $138 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $165,000 0.0% $138 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $165,000 -- $138 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,261 $186,900 $28,500 $158,400
2024 $2,261 $186,900 $28,500 $158,400
2023 $1,766 $145,937 $28,500 $117,437
2022 $1,122 $87,125 $22,000 $65,125
2021 $1,122 $87,125 $22,000 $65,125
2020 $1,122 $87,125 $22,000 $65,125
2019 $1,122 $87,125 $22,000 $65,125
2018 $913 $71,692 $17,424 $54,268
2017 $913 $71,692 $17,424 $54,268
2016 $913 $71,692 $17,424 $54,268
2015 $927 $71,692 $17,424 $54,268
2014 $893 $71,436 $14,520 $56,916
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4055283

Canopy MLS (Canopy Realtor® Association)

APN: 149-263