NOT LISTED FOR SALE

507 Forest Ave Kannapolis, NC 28081

Estimated Value: $231,000 - $268,000

2 Beds
1 Bath
1,314 Sq Ft
$194/Sq Ft Est. Value

Sale Details

Date Sold: April 8, 2022

Last sale price $221,000 $168 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,571 / mo

12 Days on Market

Highlights

  • Above Ground Pool
  • Wood Flooring
  • Central Heating
  • Traditional Architecture
  • Laundry Room
  • Open Lot

About This Home

As of April 2022

Nice 2 bedroom 1 bath well maintained Mill home. Large Kitchen with lots of cabinets, updated bathroom, and walk-in closets. Large Deck and above-ground pool. This home is within walking distance to the Cannon Baller Stadium and Village Park. Location, Location, Location. Brand New HVAC! Roof (2020)

Last Agent to Sell the Property

Safiya Cherry

LPT Realty, LLC License #320025 Listed on: 02/25/2022

LPT Realty, LLC

Last Buyer's Agent

Tyler Smith

First Priority Realty Inc. License #309809

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • Open Lot
  • Cleared Lot
  • Zoning described as R4

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,314 Sq Ft Home
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer

Pool

  • Above Ground Pool

Schools

  • Woodrow Wilson Elementary School
  • Kannapolis Middle School
  • A.L. Brown High School

Utilities

  • Central Heating
  • Space Heater
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Kannapolis Subdivision

Listing and Financial Details

  • Assessor Parcel Number 148159

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

0.34 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1924
  • Ratio Current Price By Acre: 650000.00
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Carpet, Linoleum, Vinyl, Wood, See Remarks
  • Interior Amenities: Attic Stairs Pulldown
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1314
  • 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: Cable Prewire, Dryer, Electric Oven, Electric Range, Refrigerator, Other
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1314
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Above Ground Pool
  • New Construction: No
  • Roof: Fiberglass
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Carport - 2 Car

Utilities

  • Heating: Central, Space Heater, See Remarks
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

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

Lot Info

  • Lot Features: Cleared, Open Lot
  • Lot Size Units: Acres
  • Parcel Number: 148159
  • Zoning Description: R4

Tax Info

  • RATIO List Price By Tax Amount: 2.38262

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Woodrow Wilson
  • High School: A.L. Brown

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
Feb 25, 2022
Closed on
Apr 8, 2022
Sold by
Bought by
Seller's Agent
Safiya Cherry
LPT Realty, LLC
Buyer's Agent
Tyler Smith
First Priority Realty Inc.
List Price
$235,000
Sold Price
$221,000
Premium/Discount to List
-$14,000
-5.96%
Current Estimated Value
$255,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,569
Avg. Annual Appreciation
3.51%
Original Mortgage
$214,370
Outstanding Balance
$202,330
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$53,239

Purchase Details

Closed on
Aug 29, 1997
Bought by
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

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
$221,000 Samantha H Terres Pllc
$67,000 --
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 $214,370
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
04/08/2022 04/08/22 Sold $221,000 -6.0% $168 / Sq Ft
03/06/2022 03/06/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $235,000 +6.3% $179 / Sq Ft
03/01/2022 03/01/22 Off Market $221,000 -- --
02/25/2022 02/25/22 For Sale $235,000 0.0% $179 / Sq Ft
02/21/2022 02/21/22 For Sale $235,000 -- $179 / 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
2025 $2,324 $192,052 $31,350 $160,702
2024 $2,324 $192,052 $31,350 $160,702
2023 $2,324 $192,052 $31,350 $160,702
2022 $1,270 $98,631 $24,200 $74,431
2021 $1,270 $98,631 $24,200 $74,431
2020 $1,270 $98,631 $24,200 $74,431
2019 $1,270 $98,631 $24,200 $74,431
2018 $1,142 $89,718 $24,852 $64,866
2017 $1,142 $89,718 $24,852 $64,866
2016 $1,142 $89,718 $24,852 $64,866
2015 $1,160 $89,718 $24,852 $64,866
2014 $1,097 $87,742 $20,710 $67,032
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: 3831708

Canopy MLS

APN: 148-159

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