NOT LISTED FOR SALE

507 Mccombs Ave Kannapolis, NC 28083

Estimated Value: $272,000 - $317,000

3 Beds
2 Baths
2,240 Sq Ft
$131/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $200,000 $89 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,782/month

24 Days on Market

Highlights

  • Ranch Style House
  • Attached Garage
  • Concrete Flooring
  • Corner Lot

About This Home

As of October 2021

This home is located at 507 Mccombs Ave, Kannapolis, NC 28083 since 02 August 2021 and is currently estimated at $292,708, approximately $130 per square foot. This property was built in 1959. 507 Mccombs Ave is a home located in Cabarrus County with nearby schools including North Kannapolis Elementary School, Kannapolis Middle, and A.L. Brown High School.

Last Agent to Sell the Property

seema jay

Carolina Living Associates LLC License #321775 Listed on: 08/02/2021

Carolina Living Associates LLC

Last Buyer's Agent

seema jay

Carolina Living Associates LLC License #321775 Listed on: 08/02/2021

Carolina Living Associates LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • Lot Dimensions are 91x155x88x160
  • Corner Lot
  • Cleared Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Flooring

  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Gravel Driveway

Utilities

  • Ductless Heating Or Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 5624-015245000

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0.3 Acres

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.80000
  • Ratio Close Price By Original Li: 0.80000
  • Ratio Current Price By Acre: 666666.67
  • Ratio Current Price By Sq Ft: 89.29
  • Year Built: 1959
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s)
  • Fireplace Description: FAMILYRM
  • Flooring: Concrete, Laminate Wood
  • Laundry Location: Basement
  • Room Count: 2
  • Sq Ft Basement: 1120
  • Main Level Sq Ft: 1120
  • Total Sq Ft: 2240

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Attached Garage

Utilities

  • Heating: Central Air, Ductless/Mini-Split System
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 91x155x88x160
  • Lot Features: Cleared, Corner Lot
  • Parcel Number: 5624-015245000
  • Plat Reference Section Pages: 310
  • Zoning Specification: sfr

Tax Info

  • Tax Value: 79990.00
  • Tax Location: Kannapls/cab

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Sep 30, 2021
Sold by
Gwinnett Holdings Llc
Bought by
Rodriguez Jose Wilmer Granados
Seller's Agent
seema jay
Carolina Living Associates LLC
Buyer's Agent
seema jay
Carolina Living Associates LLC
List Price
$250,000
Sold Price
$200,000
Premium/Discount to List
-$50,000
-20%
Current Estimated Value
$292,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,708
Avg. Annual Appreciation
9.15%
Original Mortgage
$19,391
Outstanding Balance
$17,529
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$275,179

Purchase Details

Listed on
Jul 9, 2020
Closed on
Feb 17, 2021
Sold by
Smith Gary Steven and Smith Crystal
Bought by
Gwinnett Holdings Llc
Seller's Agent
Mark Ramsey
Keller Williams Unlimited
Buyer's Agent
Non Member
Canopy Administration
List Price
$125,000
Sold Price
$110,000
Premium/Discount to List
-$15,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
134.91%
Original Mortgage
$105,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 13, 2002
Sold by
Victoria Smith Ltd Partnership
Bought by
Smith Victoria L
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
Rodriguez Jose Wilmer Granados $200,000 Chicago Title
Gwinnett Holdings Llc $110,000 Chicago Title
Smith Victoria L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Jose Wilmer Granados $19,391
Previous Owner Gwinnett Holdings Llc $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2021 10/29/21 Sold $200,000 -20.0% $89 / Sq Ft
08/26/2021 08/26/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $250,000 +127.3% $112 / Sq Ft
02/17/2021 02/17/21 Sold $110,000 -12.0% $113 / Sq Ft View Prior Sale
01/27/2021 01/27/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $125,000 0.0% $129 / Sq Ft
01/20/2021 01/20/21 Price Changed $125,000 -16.7% $129 / Sq Ft
01/07/2021 01/07/21 Pending -- -- --
12/02/2020 12/02/20 For Sale $150,000 0.0% $154 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
09/29/2020 09/29/20 Price Changed $150,000 -16.2% $154 / Sq Ft
08/12/2020 08/12/20 Price Changed $179,000 -10.1% $184 / Sq Ft
07/09/2020 07/09/20 For Sale $199,000 -- $205 / 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 $3,347 $294,780 $44,000 $250,780
2024 $2,445 $215,360 $44,000 $171,360
2023 $1,715 $125,170 $79,450 $45,720
2022 $1,715 $125,170 $79,450 $45,720
2021 $1,715 $125,170 $79,450 $45,720
2020 $1,715 $125,170 $79,450 $45,720
2019 $1,173 $85,650 $46,980 $38,670
2018 $1,156 $85,650 $46,980 $38,670
2017 $1,139 $85,650 $46,980 $38,670
2016 -- $84,910 $25,290 $59,620
2015 $1,070 $84,910 $25,290 $59,620
2014 $1,070 $84,910 $25,290 $59,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3770731

Canopy MLS (Canopy Realtor® Association)

APN: 5624-01-5245-0000

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