NOT LISTED FOR SALE

504 Terrace Dr Kannapolis, NC 28083

Estimated Value: $275,000 - $305,377

3 Beds
2 Baths
1,557 Sq Ft
$186/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $295,000 $189 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,771/month

90 Days on Market

Highlights

  • Deck
  • Cottage
  • Tile Flooring
  • Corner Lot
  • Porch
  • 1-Story Property

About This Home

As of August 2023

Best looking home on the block is REMODELED! All expectations are met with this charming home located in the heart of Kannapolis. NEW LVP FLOORS, GRANITE COUNTERTOPS, CUSTOM CABINETS, NEWLY PAINTED, NEW PLUMBING, HVAC 2019, NEW ELECTRIC PANEL BOX, water heater '11, ROOF LESS THAN 5 YRS.. "she shed" will go with sellers. Cosmetic updates and details are amazing. Pictures speak for themselves!!

Last Agent to Sell the Property

Rebecca Radhuber

Stephen Cooley Real Estate License #174699 Listed on: 03/20/2023

Last Buyer's Agent

Cheryl Siegfried

Redfin Corporation License #329494

Redfin Corporation

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • Back Yard Fenced
  • Corner Lot
  • Property is zoned RV

Home Design

  • Cottage
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,557 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Crawl Space
  • Electric Dryer Hookup

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors

Parking

  • Driveway
  • 3 Open Parking Spaces

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 5613-95-6466-0000

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1940
  • Road Surface Type: Concrete
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 189.47
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Vinyl
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1557
  • 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
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Self Cleaning Oven
  • Above Grade Finished Sq Ft: 1557
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Living Room, Other - See Remarks
  • Living Area: 1557
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced
  • Exclusions: She shed in driveway.
  • Construction Type: Brick Partial, Vinyl
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway, Parking Space(s)

Utilities

  • Heating: Heat Pump, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Units: Acres
  • Parcel Number: 5613-95-6466-0000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RV

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2023
Closed on
Aug 11, 2023
Sold by
Smith Milton E and Smith Cindy L
Bought by
Torres Francisco R and Torres Josefina I
Seller's Agent
Rebecca Radhuber
Stephen Cooley Real Estate
Buyer's Agent
Cheryl Siegfried
Redfin Corporation
List Price
$305,000
Sold Price
$295,000
Premium/Discount to List
-$10,000
-3.28%
Views
190
Current Estimated Value
$291,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,572
Avg. Annual Appreciation
-0.78%
Original Mortgage
$280,250
Outstanding Balance
$273,744
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$15,350
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Torres Francisco R $295,000 Tryon Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Francisco R $280,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2023 08/11/23 Sold $295,000 -1.3% $189 / Sq Ft
06/18/2023 06/18/23 Pending -- -- --
05/27/2023 05/27/23 Price Changed $299,000 -2.0% $192 / Sq Ft
03/20/2023 03/20/23 For Sale $305,000 -- $196 / 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 $3,254 $286,600 $45,000 $241,600
2024 $3,254 $286,600 $45,000 $241,600
2023 $2,428 $177,250 $34,000 $143,250
2022 $1,583 $115,560 $34,000 $81,560
2021 $1,583 $115,560 $34,000 $81,560
2020 $1,583 $115,560 $34,000 $81,560
2019 $974 $71,130 $9,000 $62,130
2018 $960 $71,130 $9,000 $62,130
2017 $946 $71,130 $9,000 $62,130
2016 $946 $80,580 $10,500 $70,080
2015 $1,015 $80,580 $10,500 $70,080
2014 $1,015 $80,580 $10,500 $70,080
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Radhuber

    Seller's Agent in 2023

    Rebecca Radhuber

    Stephen Cooley Real Estate

    (704) 499-9099

    4 in this area

    65 Total Sales

    Rebecca Radhuber
    Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4012477

Canopy MLS (Canopy Realtor® Association)

APN: 5613-95-6466-0000

North Carolina Cabarrus County Kannapolis 28083

504 Terrace Dr, Kannapolis, NC

Not Listed for Sale

Detached

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 (Canopy Realtor® Association) 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.