NOT LISTED FOR SALE

518 W 9th St Kannapolis, NC 28081

Estimated Value: $198,000 - $248,203

2 Beds
1 Bath
1,031 Sq Ft
$217/Sq Ft Est. Value

Last Sold March 30, 2024

Last sale price $242,500 $235 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,370/month

1 Day on Market

Highlights

  • Open Floorplan
  • Porch
  • Laundry closet
  • Deck
  • 1 Car Attached Garage
  • 1-Story Property

About This Home

As of March 2024

Welcome home! Sitting on a large corner lot, this beautifully renovated mill home is a short walking distance to growing Downtown Kannapolis. Kick off your shoes, and unwind on your picture-perfect front porch. Upon entrance, you’re warmly greeted w/ an open floor plan leading into a spacious kitchen, and large living room perfect for hosting friends and family. There are two ample size bedrooms, a stunning full bathroom w/ plenty of extra storage. This home features new white kitchen cabinets, quartz countertops, stainless steel appliances, new fixtures, LVP flooring, freshly painted, and newly built back deck. The basement is a blank canvas; w/ over 1000 sq. ft. of garage, workshop, or ready to be finished and turned into additional living space. The West Ave District features restaurants, shops, the historic Gem Theater, the NC Music Hall of Fame, the NC Research Campus, public library, & the Atrium Healthcare Ballpark. No HOA's! Book your showing today!

Last Agent to Sell the Property

Lauren Nwanonyiri

My Townhome LLC Brokerage Email: lnwanonyiri@myhomenorthcarolina.com License #132309 Listed on: 02/23/2024

Last Buyer's Agent

Beth Pihl

Southern Homes of the Carolinas, Inc License #169546

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,200

Year Built

  • Built in 1935

Lot Details

  • Property is zoned R8

Parking

  • 1 Car Attached Garage
  • Basement Garage
  • Driveway
  • 1 Open Parking Space

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Vinyl Flooring
  • Unfinished Basement
  • Basement Storage
  • Laundry closet

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Porch

Schools

  • North Kannapolis Elementary School
  • Kannapolis Middle School
  • A.L. Brown High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 14904701

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,200

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1935
  • Road Surface Type: Dirt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 235.21
  • Geocode Confidence: High
  • Attribution Contact: lnwanonyiri@myhomenorthcarolina.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: Open Floorplan, Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1031
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1031
  • Sq Ft Unheated Main: 156
  • Sq Ft Unheated Total: 1187
  • Sq Ft Upper: 0
  • Appliances: Electric Range, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 1031
  • Has Basement: Basement Garage Door, Storage Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1031
  • Bedroom Main: 2
  • Room Count: 6

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Vinyl
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Basement, Driveway, Attached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Laundry Closet
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Area: 0.21
  • Lot Size Units: Acres
  • Parcel Number: 14904701
  • Plat Reference Section Pages: 1428 / 912
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R8

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: North Kannapolis
  • High School: A.L. Brown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Mar 28, 2024
Sold by
Direct Property Solutions Llc
Bought by
Florent Michael
Seller's Agent
Lauren Nwanonyiri
My Townhome LLC
Buyer's Agent
Beth Pihl
Southern Homes of the Carolinas, Inc
List Price
$227,500
Sold Price
$242,500
Premium/Discount to List
$15,000
6.59%
Views
53
Current Estimated Value
$224,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,449
Avg. Annual Appreciation
-5.11%
Original Mortgage
$235,225
Outstanding Balance
$231,636
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
-$7,585
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Florent Michael $242,500 Southern Homes Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Florent Michael $235,225
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2024 03/30/24 Sold $242,500 +6.6% $235 / Sq Ft
02/23/2024 02/23/24 For Sale $227,500 -- $221 / 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 $2,200 $181,810 $19,175 $162,635
2024 $1,580 $130,545 $19,175 $111,370
2023 $1,580 $130,545 $19,175 $111,370
2022 $899 $69,791 $14,750 $55,041
2021 $899 $69,791 $14,750 $55,041
2020 $899 $69,791 $14,750 $55,041
2019 $899 $69,791 $14,750 $55,041
2018 $753 $59,165 $14,750 $44,415
2017 $753 $59,165 $14,750 $44,415
2016 $753 $59,165 $14,750 $44,415
2015 $765 $59,165 $14,750 $44,415
2014 $743 $59,425 $12,980 $46,445
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4111755

Canopy MLS (Canopy Realtor® Association)

APN: 149-04701