NOT LISTED FOR SALE

507 Spring Garden Ave Kannapolis, NC 28081

Estimated Value: $229,979 - $278,000

3 Beds
1 Bath
1,196 Sq Ft
$214/Sq Ft Est. Value

Sale Details

Date Sold: October 21, 2021

Last sale price $157,500 $132 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,446 / mo

6 Days on Market

About This Home

As of October 2021

Centrally Located - 3 Bedroom Brick home close to major conveniences with low county taxes. Per Seller, Roof and HVAC approximately 7 years old; Vinyl Replacement windows almost throughout, Two large Sheds, fenced yard; Seller has completed updating to most light fixtures, plumbing, kitchen sink/faucet, refrigerator, attic insulation, painting, gutters and carport. One level with easy access and wide hallway. With a little more TLC, you can add your touch to make a great starter or forever home. Per seller possible UST filled in by previous seller, no septic permit found on file per Rowan County, hardwood floor visible in one bedroom closet. **Seller requesting "Highest & Best" offers by Saturday, 8/28/2021 at 3 p.m. Please submit POF or loan approval letter***

Last Agent to Sell the Property

Bette Dixon

Red Door Realty & Associates License #212028 Listed on: 08/23/2021

Last Buyer's Agent

Melissa Mendez Neira

Premier Sotheby's International Realty License #130508

Premier Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 0.36

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Flooring

  • Carpet
  • Linoleum

Additional Features

  • 1 Full Bathroom
  • Crawl Space
  • Outbuilding
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 245C027

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0.36 Acres

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.05070
  • Ratio Close Price By Original Li: 1.05070
  • Ratio Current Price By Acre: 437500.00
  • Ratio Current Price By Sq Ft: 131.69
  • Year Built: 1956
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Refrigerator
  • Flooring: Carpet, Linoleum
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1196
  • Total Sq Ft: 1196

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Outbuilding

Garage/Parking

  • Driveway: Earth
  • Parking: Carport - 1 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Lot Info

  • Parcel Number: 245C027
  • Zoning Specification: RA-3

Tax Info

  • Tax Value: 85018.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2021
Closed on
Oct 8, 2021
Sold by
Furr Katerenia P and Furr Katerina P
Bought by
Lopez Odilon Olivera and Lopez Blanca Estela
Seller's Agent
Bette Dixon
Red Door Realty & Associates
Buyer's Agent
Melissa Mendez Neira
Premier Sotheby's International Realty
List Price
$149,900
Sold Price
$157,500
Premium/Discount to List
$7,600
5.07%
Current Estimated Value
$253,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,940
Avg. Annual Appreciation
11.42%
Original Mortgage
$152,775
Outstanding Balance
$139,317
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$116,678

Purchase Details

Closed on
Oct 14, 2016
Sold by
Furr Billy Ray and Furr Katerina P
Bought by
Furr Katerina P

Purchase Details

Closed on
Dec 7, 1994
Bought by
Furr Billy R and Furr Wf
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
Lopez Odilon Olivera $157,500 None Available
Furr Katerina P -- None Available
Furr Billy R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Odilon Olivera $152,775
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2021 10/21/21 Sold $157,500 +5.1% $132 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $149,900 -- $125 / Sq Ft
Source: Canopy MLS

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 $1,221 $185,057 $28,000 $157,057
2024 $1,221 $185,057 $28,000 $157,057
2023 $1,221 $185,057 $28,000 $157,057
2022 $627 $85,018 $20,000 $65,018
2021 $627 $85,018 $20,000 $65,018
2020 $627 $85,018 $20,000 $65,018
2019 $627 $85,018 $20,000 $65,018
2018 $513 $70,088 $20,000 $50,088
2017 $513 $70,088 $20,000 $50,088
2016 $506 $70,088 $20,000 $50,088
2015 $514 $70,088 $20,000 $50,088
2014 $521 $72,290 $20,000 $52,290
Source: Public Records

Agents Affiliated with this Home

  • Bette Dixon

    Seller's Agent in 2021

    Bette Dixon

    Red Door Realty & Associates

    (704) 202-1002

    1 in this area

    32 Total Sales

    Bette Dixon
    Section Image

  • M

    Buyer's Agent in 2021

    Melissa Mendez Neira

    Premier Sotheby's International Realty

    (704) 312-0255

    1 in this area

    3 Total Sales

    Melissa Mendez Neira
    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3774240

Canopy MLS

APN: 245-C027

North Carolina Rowan County Kannapolis 28081

507 Spring Garden Ave, Kannapolis, NC

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 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
Listings courtesy of Canopy MLS as distributed by MLS GRID

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