NOT LISTED FOR SALE

505 Delco St Kannapolis, NC 28081

Estimated Value: $387,000 - $396,661

5 Beds
2 Baths
2,628 Sq Ft
$149/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $389,000 $148 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,545/month

83 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Laundry Room
  • Northwest Cabarrus High Rated A-
  • Wood Flooring
  • Attached Carport

About This Home

As of April 2024

Need lots of room? This home has it! 5 bedrooms---3 upstairs and 2 in finished basement. Enjoy the large versatile spaces downstairs. So many possibilities in the finished basement. If your heart desires a recreation, media, sewing/craft room, home office or a great man cave then this is the place for you. So many possibilities. Lots of recent upgrades consisting of new exterior vinyl siding in December 2023. New microwave, interior painting, bathroom barn door, blinds, ceiling fans, closet shelving, and new carpet in basement, all in 2023. New heat pump in 2022. The kitchen has nice modern cabinets with quartz countertops. Both bathrooms have been remodeled also. In the evenings enjoy the nice large deck out back or play outdoor activities in your large back yard. This home has a lot to offer. Come view today and make this house your home.

Last Agent to Sell the Property

Lori Smith

Mid Carolina Real Estate LLC Brokerage Email: lorismith0517@gmail.com License #243014 Listed on: 01/01/2024

Last Buyer's Agent

Musu Raynes

MNT Real Estate License #241152

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,932

Year Built

  • Built in 1960

Lot Details

  • Sloped Lot
  • Property is zoned RM-2

Parking

  • Attached Carport

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Stubbed For A Bathroom

Outdoor Features

  • Deck

Utilities

  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5613-41-3028-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,932

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1960
  • Restrictions: N/A
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 148.02
  • Geocode Confidence: High
  • Attribution Contact: lorismith0517@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1381
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 67
  • Sq Ft Unheated Total: 67
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 1381
  • Has Basement: Bath/Stubbed, Finished, Interior Entry, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1247
  • Living Area: 2628
  • Bedroom Main: 3
  • Room Count: 13
  • Bedroom Basement: 2

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Vinyl
  • Other Structures: None
  • Patio And Porch Features: Deck

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Attached Carport

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: In Basement
  • Cooling: Ceiling Fan(s), Heat Pump
  • Utilities: Cable Available, Electricity Connected
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Sloped
  • Lot Size Area: 0.36
  • Lot Size Units: Acres
  • Parcel Number: 5613-41-3028-0000
  • Horse Amenities: None
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RM-2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2024
Closed on
Apr 29, 2024
Sold by
Galloway Randy J and Givonna Wilson
Bought by
Wilson Givonna
Seller's Agent
Lori Smith
Mid Carolina Real Estate LLC
Buyer's Agent
Musu Raynes
MNT Real Estate
List Price
$404,900
Sold Price
$389,000
Premium/Discount to List
-$15,900
-3.93%
Views
1029
Current Estimated Value
$391,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,665
Avg. Annual Appreciation
0.56%
Original Mortgage
$350,100
Outstanding Balance
$346,767
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$45,058

Purchase Details

Listed on
Aug 3, 2020
Closed on
Sep 4, 2020
Sold by
Ridenhour Douglas M and Ridenhour Melissa G
Bought by
Galloway Randy J and Galloway Johna L
Seller's Agent
Tammy Burney
Falcon One Properties, LLC
Buyer's Agent
Lori Smith
Mid Carolina Real Estate LLC
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.15%

Purchase Details

Closed on
Mar 4, 2020
Sold by
Ridenhour Douglas M and Ridenhour Melissa G
Bought by
Ridenhour Douglas M and Ridenhour Melissa G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,040
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2016
Sold by
Ramsey Tyler R and Ramsey Jennifer
Bought by
Ridenhour Douglas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,327
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 15, 2007
Sold by
Williams Charles and Williams Summer
Bought by
Ramsey Tyler R and Ramsey Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2004
Sold by
American General Financial Services Inc
Bought by
Williams Charles and Williams Summer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,040
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2004
Sold by
Clearwater Kimberly and Clearwater Jeffery
Bought by
American General Financial Services Inc

Purchase Details

Closed on
Jul 24, 1998
Sold by
Russell G Gregory and Brown Sheila
Bought by
Clearwater Jeffrey and Clearwater Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
6.7%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Wilson Givonna $389,000 None Listed On Document
Galloway Randy J $240,000 None Available
Ridenhour Douglas M -- None Available
Ridenhour Douglas M $146,000 None Available
Ramsey Tyler R $148,500 None Available
Williams Charles $83,500 Chicago Title Insurance Comp
American General Financial Services Inc $118,264 --
Clearwater Jeffrey $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Givonna $350,100
Previous Owner Ridenhour Douglas M $145,040
Previous Owner Ridenhour Douglas M $135,327
Previous Owner Ramsey Tyler R $148,500
Previous Owner Williams Charles $79,040
Previous Owner Clearwater Jeffrey $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $389,000 -0.2% $148 / Sq Ft
03/21/2024 03/21/24 Price Changed $389,900 -2.5% $148 / Sq Ft
01/10/2024 01/10/24 Price Changed $399,900 -1.2% $152 / Sq Ft
01/01/2024 01/01/24 For Sale $404,900 +68.7% $154 / Sq Ft
09/04/2020 09/04/20 Sold $240,000 -4.0% $91 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $250,000 -- $95 / 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
2024 $4,932 $434,310 $69,600 $364,710
2023 $3,202 $236,960 $33,600 $203,360
2022 $3,202 $233,690 $33,600 $200,090
2021 $2,232 $233,690 $33,600 $200,090
2020 $2,232 $162,950 $33,600 $129,350
2019 $1,805 $131,750 $25,200 $106,550
2018 $1,779 $131,750 $25,200 $106,550
2017 $1,752 $131,750 $25,200 $106,550
2016 $1,752 $133,210 $27,600 $105,610
2015 $1,678 $133,210 $27,600 $105,610
2014 $1,678 $133,210 $27,600 $105,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4097070

Canopy MLS (Canopy Realtor® Association)

APN: 5613-41-3028-0000