NOT LISTED FOR SALE

508 S Main St Kannapolis, NC 28081

Estimated Value: $329,000 - $469,951

5 Beds
3.5 Baths
3,502 Sq Ft
$120/Sq Ft Est. Value

Last Sold May 19, 2022

Last sale price $399,000 $114 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,577/month

119 Days on Market

Highlights

  • Living Room with Fireplace
  • Laundry Room
  • Ceiling Fan
  • Wood Flooring
  • Forced Air Heating System

About This Home

As of May 2022

One of a kind in Downtown Kannapolis. 5 Bedrooms 3 full baths and powder room and primary suite on the main floor. Completely renovated with all new wiring and plumbing throughout the house with permits! New HVAC (permitted), roof and siding. Semi wrap around porch is all new as well. Conveniently located to the new revitalized Downtown Kannapolis, restaurants, shops and Atrium Ballpark.

Home warranty available with acceptable offer.

Last Agent to Sell the Property

Chris Puckett

Lantern Realty & Development, LLC License #279213 Listed on: 01/20/2022

Last Buyer's Agent

Leanna Fairman

Redwood Realty Group LLC License #303021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,459

Year Built

  • Built in 1930

Lot Details

  • Zoning described as CC

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Living Room with Fireplace
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 5613-57-3047-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,459

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1930
  • Ratio Current Price By Acre: 1330000.00
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Laminate, Wood
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1942
  • 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: 1560
  • Appliances: Ceiling Fan(s), Dishwasher, Electric Range, Exhaust Fan, Microwave
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Living Area: 3502
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Tax Location: Kannapls/cab
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Central, Forced Air
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Area: 0.3
  • Lot Size Units: Acres
  • Parcel Number: 5613-57-3047-0000
  • Zoning Description: CC

Tax Info

  • RATIO List Price By Tax Amount: 2.03105

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
May 16, 2022
Sold by
K Town Homes Llc
Bought by
Mata Jose
Seller's Agent
Chris Puckett
Lantern Realty & Development, LLC
Buyer's Agent
Leanna Fairman
Redwood Realty Group LLC
List Price
$399,000
Sold Price
$399,000
Current Estimated Value
$420,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,488
Avg. Annual Appreciation
1.54%
Original Mortgage
$379,050
Outstanding Balance
$358,322
Interest Rate
4.72%
Mortgage Type
Balloon
Estimated Equity
$62,166

Purchase Details

Closed on
Feb 25, 2021
Sold by
Investcar Llc
Bought by
K Town Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2021
Sold by
R E Intel Inc
Bought by
Investcar Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
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
Mata Jose -- Costner Law Office Pllc
K Town Homes Llc $178,000 None Available
Investcar Llc $162,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mata Jose $379,050
Previous Owner K Town Homes Llc $235,000
Previous Owner Investcar Llc $23,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2022 05/19/22 Sold $399,000 0.0% $114 / Sq Ft
04/07/2022 04/07/22 Price Changed $399,000 0.0% $114 / Sq Ft
04/07/2022 04/07/22 For Sale $399,000 0.0% $114 / Sq Ft
04/05/2022 04/05/22 Off Market $399,000 -- --
03/28/2022 03/28/22 Price Changed $425,000 -2.3% $121 / Sq Ft
03/11/2022 03/11/22 Price Changed $435,000 -3.3% $124 / Sq Ft
02/15/2022 02/15/22 Price Changed $450,000 -10.0% $128 / Sq Ft
01/31/2022 01/31/22 Price Changed $499,900 -5.7% $143 / Sq Ft
01/20/2022 01/20/22 For Sale $529,900 -- $151 / 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 $4,459 $392,730 $85,000 $307,730
2024 $4,459 $392,730 $85,000 $307,730
2023 $3,928 $286,710 $114,350 $172,360
2022 $3,393 $196,450 $114,350 $82,100
2021 $2,691 $196,450 $114,350 $82,100
2020 $2,691 $196,450 $114,350 $82,100
2019 $2,387 $174,240 $92,930 $81,310
2018 $2,352 $174,240 $92,930 $81,310
2017 $2,317 $174,240 $92,930 $81,310
2016 -- $238,380 $152,660 $85,720
2015 $3,004 $238,380 $152,660 $85,720
2014 $3,004 $238,380 $152,660 $85,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3819562

Canopy MLS (Canopy Realtor® Association)

APN: 5613-57-3047-0000