NOT LISTED FOR SALE

516 Annex Ave Kannapolis, NC 28083

Kannapolis Area

Estimated Value: $270,000 - $371,000

4 Beds
3 Baths
2,422 Sq Ft
$140/Sq Ft Est. Value

Sale Details

Date Sold: October 30, 2024

Last sale price $255,000 $105 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,213 / mo

24 Days on Market

Highlights

  • Cul-De-Sac
  • 2 Car Attached Garage
  • Tile Flooring
  • Jackson Park Elementary School Rated 9+
  • Laundry Room
  • 1-Story Property

About This Home

As of October 2024

WEAR MASK WHEN SHOWING HOME or Show at own RISK! Price to reflect selling As-Is. Beautiful ranch home with a walk out basement in a cul-da-sac. This remolded home offers an open floor plan for entertaining, large room sizes and a fully finished basement. (Pictures reflected prior to the Mold and water intrusion).Quote for repair work that was provided to the seller for the demo and the drain system / wall liner repair to be provided upon request.

Last Agent to Sell the Property

Jessica Estes

Ideal Realty inc Brokerage Email: jessicaestesrealtor@gmail.com License #302893 Listed on: 09/01/2024

Co-Listed By

Thu Vo

Southern Homes of the Carolinas, Inc Brokerage Email: jessicaestesrealtor@gmail.com License #248723

Last Buyer's Agent

Rebecca Crippen

Coldwell Banker Realty License #295648

Coldwell Banker Realty

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • Cul-De-Sac
  • Property is zoned RM-2

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Utilities

  • Central Heating and Cooling System

Community Details

  • Jackson Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5624-80-5122-0000

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

0.46 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1969
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 105.28
  • Geocode Confidence: High
  • Attribution Contact: jessicaestesrealtor@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Flooring: Tile, Vinyl
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1211
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Exhaust Hood, Refrigerator
  • Above Grade Finished Sq Ft: 1211
  • Has Basement: Finished, Sump Pump, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1211
  • Living Area: 2422
  • Bedroom Main: 3
  • Bedroom Basement: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached Garage

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: In Basement
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Units: Acres
  • Parcel Number: 5624-80-5122-0000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RM-2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2024
Closed on
Oct 30, 2024
Sold by
Bought by
Seller's Agent
Jessica Estes
Ideal Realty inc
Buyer's Agent
Rebecca Crippen
Coldwell Banker Realty
List Price
$260,000
Sold Price
$255,000
Premium/Discount to List
-$5,000
-1.92%
Views
186
Current Estimated Value
$339,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,089
Avg. Annual Appreciation
16.85%
Original Mortgage
$247,350
Outstanding Balance
$242,269
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$96,820

Purchase Details

Closed on
Nov 30, 2020
Sold by
Bought by

Purchase Details

Closed on
Nov 13, 2020
Sold by
Bought by

Purchase Details

Closed on
Sep 26, 2002
Sold by
Bought by

Purchase Details

Closed on
Sep 19, 2002
Sold by
Bought by

Purchase Details

Closed on
Sep 1, 1969
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Kannapolis, NC

  • TJ Allen Real Estate Agent - Coldwell Banker Realty

    TJ Allen

    Coldwell Banker Realty

    (980) 890-5098

    82 Total Sales

    2 in Kannapolis

    $305K - $341K Price Range

    TJ Allen
     Section Image

  • OL

    Olga Leggett

    K2 Real Estate Group

    (980) 890-9882

    51 Total Sales

    2 in Kannapolis

    $350K - $380K Price Range

    Olga Leggett
     Section Image
  • Noah Goldberg Real Estate Agent - COMPASS

    Noah Goldberg

    Responds Quickly

    COMPASS

    (551) 302-3508

    135 Total Sales

    1 in Kannapolis

    $526,000 Price

    Noah Goldberg
     Section Image
  • William Orozco Real Estate Agent - New View Realty Group

    William Orozco

    New View Realty Group

    (980) 217-8799

    47 Total Sales

    1 in Kannapolis

    $199,000 Price

    William Orozco
     Section Image
  • Mike Hege Real Estate Agent - COMPASS

    Mike Hege

    COMPASS

    (704) 741-5676

    235 Total Sales

    4 in Kannapolis

    $298K - $700K Price Range

    Mike Hege
     Section Image
  • Tim Kiene Real Estate Agent - The Agency - Charlotte

    Tim Kiene

    The Agency - Charlotte

    (860) 905-0219

    40 Total Sales

    1 in Kannapolis

    $315,000 Price

    Tim Kiene
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$255,000 None Listed On Document
$131,000 Newell Michael G
$110,000 Tiago National Title Llc
$75,000 None Available
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $247,350
Closed $15,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/30/2024 10/30/24 Sold $255,000 -1.9% $105 / Sq Ft
09/01/2024 09/01/24 For Sale $260,000 0.0% $107 / Sq Ft
03/02/2023 03/02/23 Rented $2,300 0.0% --
02/09/2023 02/09/23 Price Changed $2,300 -1.9% $1 / Sq Ft
12/13/2022 12/13/22 Price Changed $2,345 -2.3% $1 / Sq Ft
11/25/2022 11/25/22 For Rent $2,400 -- --
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,240 $373,380 $44,000 $329,380
2024 $4,240 $373,380 $44,000 $329,380
2023 $1,915 $225,870 $26,000 $199,870
2022 $1,915 $139,790 $26,000 $113,790
2021 $1,915 $139,790 $26,000 $113,790
2020 $1,915 $139,790 $26,000 $113,790
2019 $1,550 $113,170 $22,500 $90,670
2018 $1,528 $113,170 $22,500 $90,670
2017 $1,505 $113,170 $22,500 $90,670
2016 $1,505 $111,970 $27,000 $84,970
2015 $1,411 $111,970 $27,000 $84,970
2014 $1,411 $111,970 $27,000 $84,970
Source: Public Records

Agents Affiliated with this Home

  • Jessica Estes Real Estate Agent - Ideal Realty inc

    Seller's Agent in 2024

    Jessica Estes

    Ideal Realty inc

    (704) 450-3029

    22 Total Sales

    Jessica Estes
    Section Image
  • Thu Vo Real Estate Agent - Southern Homes of the Carolinas, Inc

    Seller Co-Listing Agent in 2024

    Thu Vo

    Southern Homes of the Carolinas, Inc

    (704) 900-4555

    51 Total Sales

    Thu Vo
    Section Image

  • RC

    Buyer's Agent in 2024

    Rebecca Crippen

    Coldwell Banker Realty

    (716) 515-8172

    21 Total Sales

    Rebecca Crippen
    Section Image

  • CN

    Seller's Agent in 2023

    Christopher Newbern

    1 Source Property Management

    (803) 250-1062

    3 Total Sales

    Christopher Newbern
    Section Image
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Map

Source: Canopy MLS

MLS Number: 4174473

Canopy MLS

APN: 5624-80-5122-0000

North Carolina Cabarrus County Kannapolis 28083

516 Annex Ave, Kannapolis, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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