NOT LISTED FOR SALE

509 Murphy St Kannapolis, NC 28081

Estimated Value: $151,000 - $252,000

2 Beds
1 Bath
1,156 Sq Ft
$192/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $100,000 $87 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $1,342/month

21 Days on Market

About This Home

As of April 2022

***Calling all investors and Fixer Uppers*** Property being sold as is. Located in Kannapolis just minutes from downtown. Home needs a lot of work but ready for a new owner to make it loveable again!

Last Agent to Sell the Property

Chris Wagner

Wagner Real Estate License #229888 Listed on: 03/11/2022

Last Buyer's Agent

Jimmy Holly

Coldwell Banker Realty License #305520

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,619

Year Built

  • Built in 1936

Lot Details

  • 7,579

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Laundry Room
  • Crawl Space
  • Zoning described as RV

Listing and Financial Details

  • Assessor Parcel Number 5613-34-5575-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,619

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1936
  • Ratio Current Price By Acre: 588235.29
  • 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
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 0
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 916
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 916
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • 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
  • Sq Ft Garage: 0
  • Parking Features: Driveway

Utilities

  • Heating: Window Unit(s)
  • 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: 0.17
  • Lot Size Units: Acres
  • Parcel Number: 5613-34-5575-0000
  • Plat Reference Section Pages: 35
  • Zoning Description: RV

Tax Info

  • RATIO List Price By Tax Amount: 1.25032

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2024
Sold by
Drake Real Estate Management Llc
Bought by
Sullivan Alan and Sullivan Lisa
Current Estimated Value
$221,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,575
Outstanding Balance
$6,421
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$215,029

Purchase Details

Listed on
Mar 11, 2022
Closed on
Mar 29, 2022
Sold by
Juhaish and Jessica
Bought by
Drake Real Estate Management Llc
Seller's Agent
Chris Wagner
Wagner Real Estate
Buyer's Agent
Jimmy Holly
Coldwell Banker Realty
List Price
$99,000
Sold Price
$100,000
Premium/Discount to List
$1,000
1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.09%

Purchase Details

Listed on
Mar 11, 2022
Closed on
Mar 25, 2022
Sold by
Nadene Jenkins Mona
Bought by
Juhaish Brandon
Seller's Agent
Chris Wagner
Wagner Real Estate
Buyer's Agent
Jimmy Holly
Coldwell Banker Realty
List Price
$99,000
Sold Price
$100,000
Premium/Discount to List
$1,000
1.01%

Purchase Details

Closed on
Feb 8, 2017
Sold by
Hannah Jeffery Lee and Hannah Mary C
Bought by
Juhaish Brandon

Purchase Details

Closed on
Dec 19, 2008
Sold by
Jenkins Henry Everett and Jenkins Mona Nadene
Bought by
Hannah Jeffery Lee
Source: Public Records

Range of Values:

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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
Sullivan Alan $245,000 Tryon Title
Sullivan Alan $245,000 Tryon Title
Drake Real Estate Management Llc $100,000 Tryon Title
Juhaish Brandon -- Knipp Law Office Pllc
Juhaish Brandon -- None Available
Hannah Jeffery Lee -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Alan $8,575
Closed Sullivan Alan $8,575
Open Sullivan Alan $240,562
Closed Sullivan Alan $240,562
Previous Owner Drake Real Estate Management L $144,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold $100,000 +1.0% $87 / Sq Ft
03/11/2022 03/11/22 For Sale $99,000 -- $86 / 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
2024 $1,619 $142,620 $53,000 $89,620
2023 $1,085 $79,180 $33,000 $46,180
2022 $1,085 $79,180 $33,000 $46,180
2021 $1,085 $79,180 $33,000 $46,180
2020 $1,085 $79,180 $33,000 $46,180
2019 $749 $54,700 $15,200 $39,500
2018 $738 $54,700 $15,200 $39,500
2017 $728 $54,700 $15,200 $39,500
2016 $728 $57,450 $16,000 $41,450
2015 $724 $57,450 $16,000 $41,450
2014 $724 $57,450 $16,000 $41,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3837487

Canopy MLS (Canopy Realtor® Association)

APN: 5613-34-5575-0000