NOT LISTED FOR SALE

513 Spring St Kannapolis, NC 28083

Estimated Value: $199,000 - $237,000

2 Beds
1 Bath
1,472 Sq Ft
$151/Sq Ft Est. Value

Last Sold March 14, 2019

Last sale price $76,000 $52 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $1,341/month

66 Days on Market

About This Home

As of March 2019

Calling all investors, First time homeowners, and flippers. This is a large 2 bedroom/ 1 bathroom home has a garage and partially fenced in yard. Lovely front porch area and home has tons of potential, but need some work. Home sits on a Large lot (Includes two parcels totaling about .27 acres) Home is being Sold "As Is, Where Is". All offers are subject to court approval and confirmation. (10 day upset bid period required on this property which is currently in pre foreclosure), all offers require proof of funds. Buyers agent to verify all information. More photos will be added soon. The home was inspected and it was determined the home has ACTIVE termites and high moisture levels in the crawlspace. Also, it has been determined there is some wood rotted in crawlspace. Currently an offer has been submitted and we are in the 10 day upset bid period. CASH OFFERS ONLY!

Last Agent to Sell the Property

Philip Logarides

Carolinas Key Realty LLC License #282723 Listed on: 12/21/2018

Last Buyer's Agent

Janis Tucker

Tucker Real Estate Group Inc License #198841

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 0.26

Parking

  • 1

Home Design

  • Vinyl Siding

Additional Features

  • Vinyl Flooring
  • 1 Full Bathroom
  • Crawl Space
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 5613-66-9509-0000

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.97436
  • Ratio Close Price By Original Li: 0.78431
  • Ratio Current Price By Acre: 292307.69
  • Ratio Current Price By Sq Ft: 51.63
  • Year Built: 1930
  • Special Features: 20
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Cable Prewire, Dishwasher, Gas Range, Gas Oven
  • Flooring: Carpet, Vinyl
  • Laundry Location: Main
  • Room Count: 1
  • Sq Ft Additional: 196
  • Main Level Sq Ft: 1472
  • Total Sq Ft: 1472

Exterior Features

  • Construction: Aluminum, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 1 Car

Utilities

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

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: .26
  • Lot Features: Level
  • Lot Size Area: 0.260
  • Parcel Number: 5613-66-9509-0000
  • Plat Reference Section Pages: 51
  • Zoning Specification: RV

Tax Info

  • Tax Value: 69610.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2018
Closed on
Mar 12, 2019
Sold by
Dean David E
Bought by
Bonkidis Pete Andrew and Boulkidis Georgette Pappas
Seller's Agent
Philip Logarides
Carolinas Key Realty LLC
Buyer's Agent
Janis Tucker
Tucker Real Estate Group Inc
List Price
$78,000
Sold Price
$76,000
Premium/Discount to List
-$2,000
-2.56%
Current Estimated Value
$222,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,462
Avg. Annual Appreciation
17.64%
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
Bonkidis Pete Andrew $76,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2019 03/14/19 Sold $76,000 -2.6% $52 / Sq Ft
02/25/2019 02/25/19 Pending -- -- --
02/20/2019 02/20/19 Price Changed $78,000 0.0% $53 / Sq Ft
02/20/2019 02/20/19 For Sale $78,000 -9.3% $53 / Sq Ft
02/08/2019 02/08/19 Pending -- -- --
01/23/2019 01/23/19 Price Changed $86,000 -3.4% $58 / Sq Ft
01/04/2019 01/04/19 Price Changed $89,000 -8.2% $60 / Sq Ft
12/21/2018 12/21/18 For Sale $96,900 -- $66 / 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 $2,082 $183,390 $45,000 $138,390
2024 $2,082 $183,390 $45,000 $138,390
2023 $1,659 $121,060 $39,020 $82,040
2022 $1,659 $121,060 $39,020 $82,040
2020 $1,659 $121,060 $39,020 $82,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3460255

Canopy MLS (Canopy Realtor® Association)

APN: 5613-66-9509-0000