NOT LISTED FOR SALE

509 W 7th St Kannapolis, NC 28081

Estimated Value: $183,000 - $194,687

2 Beds
1 Bath
904 Sq Ft
$207/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $79,000 $87 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $1,117/month

37 Days on Market

Highlights

  • Wood Flooring
  • Shed
  • Storm Doors
  • Walk-In Closet
  • 1-Story Property
  • Open Lot

About This Home

As of July 2017

Adorable two bedroom home just minutes from the Research Center. Great condition-move in ready. Awesome eat-in kitchen with big pantry, beautiful hardwood flooring, huge new deck, great back yard, one car carport, brand new HVAC, new roof to be installed by 7/1/17. Must see! S/F per tax record.

Last Agent to Sell the Property

Landa Rader

Diamond One Realty License #127339 Listed on: 05/21/2017

Last Buyer's Agent

Darien Swain

Modern Nest Realty LLC License #288887

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 8,276

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Insulated Windows
  • Crawl Space
  • Pull Down Stairs to Attic
  • Storm Doors

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 1 Full Bathroom

Additional Features

  • Shed
  • Open Lot
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 149228

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.98874
  • Ratio Close Price By Original Li: 0.98874
  • Ratio Current Price By Acre: 415789.47
  • Ratio Current Price By Sq Ft: 87.39
  • Year Built: 1925
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows, Storm Door(s)
  • Equipment: Ceiling Fan(s), Cable Prewire, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Exhaust Hood, Electric Oven
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Attic Stairs Pulldown, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Sq Ft Additional: 48
  • Main Level Sq Ft: 904
  • Total Sq Ft: 904

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Carport - 1 Car, Driveway

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Dimension: Per tax records
  • Lot Features: Open Lot, Paved Frontage, Sloping
  • Parcel Number: 149228
  • Plat Reference Section Pages: 94
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 66304.00
  • Tax Location: Kannapls/row

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2017
Closed on
Jul 27, 2017
Sold by
Morris John Richard and Morris Amanda Werme
Bought by
Roldan Miguel and Roldan Carmen
Seller's Agent
Landa Rader
Diamond One Realty
Buyer's Agent
Darien Swain
Modern Nest Realty LLC
List Price
$79,900
Sold Price
$79,000
Premium/Discount to List
-$900
-1.13%
Current Estimated Value
$187,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,172
Avg. Annual Appreciation
10.87%
Original Mortgage
$77,569
Outstanding Balance
$66,056
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$121,116

Purchase Details

Closed on
May 17, 2017
Sold by
Morris John R and Morris Amanda Werme
Bought by
Morris John Richard and Morris Amanda Werme

Purchase Details

Closed on
Apr 23, 2003
Bought by
Morris John R
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
Roldan Miguel $79,000 None Available
Morris John Richard -- None Available
Morris John R $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roldan Miguel $77,569
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2017 07/28/17 Sold $79,000 -1.1% $87 / Sq Ft
06/27/2017 06/27/17 Pending -- -- --
05/21/2017 05/21/17 For Sale $79,900 -- $88 / 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 $1,631 $134,803 $28,500 $106,303
2024 $1,631 $134,803 $28,500 $106,303
2023 $1,631 $134,803 $28,500 $106,303
2022 $1,002 $77,843 $22,000 $55,843
2021 $1,002 $77,843 $22,000 $55,843
2020 $1,002 $77,843 $22,000 $55,843
2019 $1,002 $77,843 $22,000 $55,843
2018 $844 $66,304 $19,800 $46,504
2017 $844 $66,304 $19,800 $46,504
2016 $844 $66,304 $19,800 $46,504
2015 $857 $66,304 $19,800 $46,504
2014 $813 $65,052 $16,500 $48,552
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3283151

Canopy MLS (Canopy Realtor® Association)

APN: 149-228