RENTED NOV 25, 2025

507 Spring St Kannapolis, NC 28083

Estimated Value: $191,000 - $249,000

3 Beds
1 Bath
1,372 Sq Ft
$166/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $72,000 $52 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $1,330/month

Highlights

  • Open Floorplan
  • Laundry Room
  • 1-Story Property
  • No HOA
  • Kitchen Island
  • Central Heating and Cooling System

About This Home

As of November 2025

MOVE IN SPECIAL! Enjoy the first 30 days at no charge for qualified applicants with move in date by 12/1/2025 and 12+ month lease. No HOA and no restrictions—plus a massive parking area for work trucks, boats, Rv's and more! This beautifully remodeled home is tucked just off the main thoroughfare in Kannapolis, offering both privacy and convenience. Enjoy quick access to I-85, local restaurants, shopping, and more. Inside, you’ll find an updated kitchen and bathroom, a large laundry room, and three generously sized bedrooms. Situated on a quiet side street, this home offers flexibility, comfort, and charm. The home is approximately 1,200 sq/ft. This property is only being advertised by the listing agent, agent does not manage the property. Qualifications are 590+ credit score, 2.5x income, no lates in 12 months and no evictions.

Last Agent to Rent the Property

Brad Warren

EXP Realty LLC Mooresville Brokerage Email: your.warren.team@gmail.com License #312823 Listed on: 07/15/2025

EXP Realty LLC Mooresville

Last Renter's Agent

Margaret Tew

EXP Realty LLC Mooresville License #350084

EXP Realty LLC Mooresville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • Back Yard Fenced
  • Level Lot
  • Property is zoned R8

Home Design

  • Architectural Shingle Roof

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Crawl Space
  • Kitchen Island
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 5 Open Parking Spaces
  • Parking Lot

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $1,800
  • Property Available on 7/15/25
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 5613-76-0741-0000

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Rental Info

  • Pets Allowed: Conditional
  • Lease Term: 12 Months
  • Available Date: 2025-07-15
  • Security Deposit: 1800
  • Application Fee: 49

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Year Built: 1930
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • Geocode Confidence: High
  • Attribution Contact: your.warren.team@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Interior Amenities: Kitchen Island, Open Floorplan
  • Sq Ft Unheated Total: 0
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Bedroom Main: 3

Exterior Features

  • Roof: Architectural Shingle
  • Fencing: Back Yard

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Parking Features: Parking Lot

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 5613-76-0741-0000
  • Additional Parcels: No
  • Zoning Specification: R8

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2022
Sold by
Arthur Deangelis Scott
Bought by
Deangelis Investments Llc
Current Estimated Value
$227,430

Purchase Details

Closed on
May 9, 2022
Sold by
Venture Investment & Holdings Llc
Bought by
Deangelis Scott Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,950
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 12, 2019
Closed on
Aug 20, 2019
Sold by
R & M Allen Properties Llc
Bought by
Venture Investment & Holdings Llc
Seller's Agent
Tonya Krimminger
TK Properties
Buyer's Agent
Christopher Daviau
Highland Realty Group Inc
List Price
$72,000
Sold Price
$72,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.55%

Purchase Details

Closed on
May 27, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
R & M Allen Properties Llc

Purchase Details

Closed on
Feb 17, 2010
Sold by
Davis John W and Taylor Tracie
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jan 1, 2004
Sold by
Davis John W and Taylor Tracie
Bought by
507 Spring Street Land Trust

Purchase Details

Closed on
Feb 12, 2002
Sold by
Moss Lillie and Harris Richard
Bought by
Davis John W and Taylor Tracie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,914
Interest Rate
7.02%
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
Deangelis Investments Llc -- Knipp Law Office Pllc
Deangelis Scott Arthur $224,000 Knipp Law Office Pllc
Venture Investment & Holdings Llc $72,000 None Available
R & M Allen Properties Llc -- None Available
Federal Home Loan Mortgage Corp $75,709 None Available
507 Spring Street Land Trust -- --
Davis John W $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deangelis Scott Arthur $177,950
Previous Owner Davis John W $35,914
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/25/2025 11/25/25 Rented $1,725 0.0% --
09/23/2025 09/23/25 Price Changed $1,725 -1.4% $1 / Sq Ft
08/18/2025 08/18/25 Price Changed $1,750 -2.8% $1 / Sq Ft
07/15/2025 07/15/25 For Rent $1,800 0.0% --
08/23/2019 08/23/19 Sold $72,000 0.0% $60 / Sq Ft View Prior Sale
08/12/2019 08/12/19 Pending -- -- --
08/12/2019 08/12/19 For Sale $72,000 -- $60 / 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
2025 $1,789 $157,510 $45,000 $112,510
2024 $1,789 $157,510 $45,000 $112,510
2023 $1,325 $96,730 $34,000 $62,730
2022 $1,325 $96,730 $34,000 $62,730
2021 $1,325 $96,730 $34,000 $62,730
2020 $1,325 $96,730 $34,000 $62,730
2019 $772 $56,360 $9,000 $47,360
2018 $761 $56,360 $9,000 $47,360
2017 $750 $56,360 $9,000 $47,360
2016 $750 $66,850 $14,250 $52,600
2015 -- $66,850 $14,250 $52,600
2014 -- $66,850 $14,250 $52,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4281735

Canopy MLS (Canopy Realtor® Association)

APN: 5613-76-0741-0000