M
Landlord's Agent in 2025
Mike Maniace
Carolina Residential Group LLC
(704) 659-5286
516 W 7th St Kannapolis, NC 28081
Estimated Value: $192,000 - $291,000
2
Beds
2
Baths
1,392
Sq Ft
$173/Sq Ft
Est. Value
Highlights
- No HOA
- Laundry Room
- 1-Story Property
- Front Porch
About This Home
As of November 2025Welcome home to this beautifully updated 2-bedroom, 2-bath gem in the heart of Kannapolis! Step inside to find gorgeous hardwood floors flowing throughout the living room and bedrooms, creating a warm and inviting atmosphere. The large open kitchen is perfect for cooking and entertaining, featuring stainless steel appliances, modern finishes, and plenty of counter space. Relax and unwind on the charming front porch, or enjoy outdoor living in the large fenced-in backyard, complete with a storage building. Thoughtful updated fixtures throughout the home add a touch of contemporary style to its classic charm. Conveniently located near downtown Kannapolis, shopping, and dining, this home offers the perfect blend of comfort, character, and convenience. Don’t miss your chance to make this beautiful property yours! When applying to our properties, tenant agrees to accept the property in presented conditions as-is. If not viewed prior to accepting tenancy, tenant agrees to accept the conditions as-is.
Last Agent to Rent the Property
Carolina Residential Group LLC Brokerage Email: support@carolinaresidentialgroup.com License #259918 Listed on: 10/27/2025
Last Renter's Agent
Carolina Residential Group LLC Brokerage Email: support@carolinaresidentialgroup.com License #259918 Listed on: 10/27/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1925
Lot Details
- 10,019
Interior Spaces
- 1,392 Sq Ft Home
- 1-Story Property
Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Utilities
- Cooling System Powered By Gas
- Heating System Uses Natural Gas
Additional Features
- Front Porch
- Back Yard Fenced
Community Details
- No Home Owners Association
Listing and Financial Details
- Security Deposit $1,750
- Property Available on 10/27/25
- Tenant pays for all utilities
- Assessor Parcel Number 149218
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 20, 2020
Closed on
Aug 28, 2020
Sold by
Lanning Matthew Jacob and Lanning Kenya
Bought by
Duarte Nelson
Seller's Agent
Rachel Alles
Mark Spain Real Estate
Buyer's Agent
Kevin Senter
Senter & Company LLC
List Price
$150,000
Sold Price
$135,000
Premium/Discount to List
-$15,000
-10%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,442
Avg. Annual Appreciation
11.48%
Original Mortgage
$108,000
Outstanding Balance
$95,625
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$145,817
Purchase Details
Closed on
Feb 9, 2001
Bought by
Lanning Matthew J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Duarte Nelson | $135,000 | Morehead Title Company | |
| Lanning Matthew J | $81,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Duarte Nelson | $108,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/07/2025 11/07/25 | Rented | $1,750 | 0.0% | -- | |
| 10/27/2025 10/27/25 | For Rent | $1,750 | 0.0% | -- | |
| 08/31/2020 08/31/20 | Sold | $135,000 | -10.0% | $97 / Sq Ft | View Prior Sale |
| 07/04/2020 07/04/20 | Pending | -- | -- | -- | |
| 03/20/2020 03/20/20 | For Sale | $150,000 | -- | $108 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $2,110 | $174,342 | $28,500 | $145,842 |
| 2024 | $2,110 | $174,342 | $28,500 | $145,842 |
| 2023 | $2,110 | $174,342 | $28,500 | $145,842 |
| 2022 | $1,254 | $97,385 | $22,000 | $75,385 |
| 2021 | $1,254 | $97,385 | $22,000 | $75,385 |
| 2020 | $1,254 | $97,385 | $22,000 | $75,385 |
| 2019 | $1,254 | $97,385 | $22,000 | $75,385 |
| 2018 | $1,049 | $82,432 | $21,888 | $60,544 |
| 2017 | $1,049 | $82,432 | $21,888 | $60,544 |
| 2016 | $1,049 | $82,432 | $21,888 | $60,544 |
| 2015 | $1,065 | $82,432 | $21,888 | $60,544 |
| 2014 | $1,021 | $81,687 | $18,240 | $63,447 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Maniace
-
Rachel Alles
R
Seller's Agent in 2020
Rachel Alles
Mark Spain
(704) 252-0597
1 in this area
177 Total Sales
-
Ivory Joyner
I
Seller Co-Listing Agent in 2020
Ivory Joyner
Coldwell Banker Realty
(704) 277-7965
33 Total Sales
-
Kevin Senter
Buyer's Agent in 2020
Kevin Senter
Senter & Company LLC
(704) 451-2919
3 in this area
125 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4316518
APN: 149-218
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