NOT LISTED FOR SALE

516 Wright Ave Kannapolis, NC 28083

Estimated Value: $266,000 - $275,000

3 Beds
2 Baths
1,342 Sq Ft
$202/Sq Ft Est. Value

Last Sold September 20, 2018

Last sale price $149,000 $111 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,690/month

29 Days on Market

Highlights

  • Open Floorplan
  • Walk-In Closet
  • Tile Flooring
  • Jackson Park Elementary School Rated 9+
  • Shed

About This Home

As of September 2018

You Will Love This Home!! Totally Remodeled, Beautiful Spacious 3 Bedroom Home, Two Large Full Bathrooms Featuring Tiled Shower In Master, And Tiled Bath In Second Bathroom with Beautiful Vanities In Both. New Laminate floors throughout! Brand new HVAC just installed. All Electrical up to date throughout! Large Master Bed, With Double Walk In Closets! Brand New Remodeled Kitchen With Granite Counter Tops! Come Take A Look At This House! Closing Cost Could Be Available With Preferred Lender!

Last Agent to Sell the Property

Phil Tabakelis

Signified Properties LLC License #283206 Listed on: 07/20/2018

Signified Properties LLC

Last Buyer's Agent

Tina Anderson

EXP Realty LLC License #301197

EXP Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 0.25

Parking

  • Gravel Driveway

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Open Floorplan
  • Shed

Listing and Financial Details

  • Assessor Parcel Number 5624-60-5712-0000

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.88166
  • Ratio Current Price By Acre: 596000.00
  • Ratio Current Price By Sq Ft: 111.03
  • Year Built: 1941
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Brick
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Exhaust Hood
  • Flooring: Laminate Wood, Tile
  • Interior Amenities: Open Floorplan, Split BR Plan, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1342
  • Total Sq Ft: 1342

Exterior Features

  • Construction: Aluminum
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Gravel
  • Parking: Detached Garage, Driveway

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Jackson Park
  • Middle School: Kannapolis
  • High School: A.L. Brown

Lot Info

  • Lot Size Area: 0.250
  • Parcel Number: 5624-60-5712-0000
  • Zoning Specification: RM-2

Tax Info

  • Tax Value: 91380.00
  • Tax Location: Kannapls/cab

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2018
Closed on
Sep 20, 2018
Sold by
Tabakelis Philip
Bought by
Brown Michele
Seller's Agent
Phil Tabakelis
Signified Properties LLC
Buyer's Agent
Tina Anderson
EXP Realty LLC
List Price
$169,000
Sold Price
$149,000
Premium/Discount to List
-$20,000
-11.83%
Current Estimated Value
$270,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,960
Avg. Annual Appreciation
8.84%
Original Mortgage
$146,301
Outstanding Balance
$129,939
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$141,021

Purchase Details

Closed on
Nov 8, 2017
Sold by
Ogbahon Frank E and Ogbahon Patricia D
Bought by
Tabakelis Philip

Purchase Details

Closed on
Jan 16, 2004
Sold by
Perry Francena W
Bought by
Ogbahon Frank E and Ogbahon Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1997
Bought by
Perry Francena W

Purchase Details

Closed on
Aug 1, 1991

Purchase Details

Closed on
Oct 1, 1985
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
Brown Michele $149,000 None Available
Tabakelis Philip $58,000 None Available
Ogbahon Frank E $84,000 --
Perry Francena W $67,000 --
-- $57,000 --
-- $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Michele $146,301
Previous Owner Ogbahon Frank E $67,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2018 09/20/18 Sold $149,000 0.0% $111 / Sq Ft
08/19/2018 08/19/18 Pending -- -- --
08/15/2018 08/15/18 Price Changed $149,000 -3.8% $111 / Sq Ft
08/01/2018 08/01/18 Price Changed $154,900 -8.3% $115 / Sq Ft
07/20/2018 07/20/18 For Sale $169,000 -- $126 / 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 $2,979 $262,350 $44,000 $218,350
2024 $2,979 $262,350 $44,000 $218,350
2023 $2,043 $149,160 $26,000 $123,160
2022 $2,043 $149,160 $26,000 $123,160
2021 $2,043 $149,160 $26,000 $123,160
2020 $2,043 $149,160 $26,000 $123,160
2019 $1,644 $120,010 $15,000 $105,010
2018 $1,234 $91,380 $15,000 $76,380
2017 $1,215 $91,380 $15,000 $76,380
2016 $1,215 $91,240 $18,000 $73,240
2015 $1,150 $91,240 $18,000 $73,240
2014 $1,150 $91,240 $18,000 $73,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3415180

Canopy MLS (Canopy Realtor® Association)

APN: 5624-60-5712-0000