NOT LISTED FOR SALE

521 W 8th St Kannapolis, NC 28081

Estimated Value: $190,000 - $216,000

2 Beds
1 Bath
976 Sq Ft
$209/Sq Ft Est. Value

Last Sold December 04, 2019

Last sale price $141,000 $144 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,237/month

1 Day on Market

About This Home

As of December 2019

Charming and beautifully remodeled minutes from downtown Kannapolis! This quaint 2 bedroom 1 bath home features original hardwood floors, high ceilings and a southern style rocking chair front porch. New paint throughout, new flooring in kitchen and bathroom. Brand new roof and newer HVAC. Large open kitchen with plenty of cabinets (soft close). Nice rear deck and backyard area. Updated lighting and fixtures. Lower Rowan county taxes and no HOA.

Last Agent to Sell the Property

Drew Maher

DM Properties & Associates License #278456 Listed on: 10/11/2019

Co-Listed By

Robin Price

DM Properties & Associates License #262166

Last Buyer's Agent

Lindsay Smith

Keller Williams South Park License #304934

Keller Williams South Park

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 7,405

Home Design

  • Cottage
  • Vinyl Siding

Flooring

  • Wood
  • Tile

Parking

  • Gravel Driveway
  • Shared Driveway

Additional Features

  • 1 Full Bathroom
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 149279

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 1.00714
  • Ratio Close Price By Original Li: 1.00714
  • Ratio Current Price By Acre: 829411.76
  • Ratio Current Price By Sq Ft: 144.47
  • Year Built: 1925
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher, Microwave, Self Cleaning Oven
  • Flooring: Tile, Wood
  • Laundry Location: Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 976
  • Total Sq Ft: 976

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel, Shared
  • Parking: Driveway, Parking Space - 4+

Utilities

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

Schools

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

Lot Info

  • Lot Dimension: 65 x 114
  • Lot Size Area: 0.170
  • Parcel Number: 149279
  • Zoning Specification: Res

Tax Info

  • Tax Value: 58216.00
  • Tax Location: Kannapls/row

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Dec 4, 2019
Sold by
Drew Waher Inc
Bought by
Keihani Karen M
Seller's Agent
Drew Maher
DM Properties & Associates
Buyer's Agent
Lindsay Smith
Keller Williams South Park
List Price
$140,000
Sold Price
$141,000
Premium/Discount to List
$1,000
0.71%
Current Estimated Value
$204,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,451
Avg. Annual Appreciation
6.57%
Original Mortgage
$138,446
Outstanding Balance
$125,687
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$78,764

Purchase Details

Listed on
Feb 22, 2019
Closed on
Aug 12, 2019
Sold by
Most Investments Llc
Bought by
Drew Maher Inc
Seller's Agent
Kathryn Cook-Crespo
Nestlewood Realty, LLC
Buyer's Agent
Drew Maher
DM Properties & Associates
List Price
$89,900
Sold Price
$75,000
Premium/Discount to List
-$14,900
-16.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
720.09%
Original Mortgage
$82,500
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 15, 2017
Sold by
Roser Michael
Bought by
Most Investment Llc

Purchase Details

Closed on
Apr 12, 2007
Sold by
Nationstar Mortgage Llc
Bought by
Roser Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,600
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2007
Sold by
Davis Annette R and Davis Samuel L
Bought by
Nationstar Mortgage Llc
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
Keihani Karen M $141,000 None Available
Drew Maher Inc $75,000 None Available
Most Investment Llc $42,000 None Available
Roser Michael $57,000 None Available
Nationstar Mortgage Llc $76,672 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keihani Karen M $138,446
Previous Owner Drew Maher Inc $82,500
Previous Owner Roser Michael $45,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2019 12/04/19 Sold $141,000 +0.7% $144 / Sq Ft
10/12/2019 10/12/19 Pending -- -- --
10/11/2019 10/11/19 For Sale $140,000 +86.7% $143 / Sq Ft
08/15/2019 08/15/19 Sold $75,000 -6.1% $78 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
06/20/2019 06/20/19 Price Changed $79,900 -3.6% $83 / Sq Ft
06/17/2019 06/17/19 Price Changed $82,900 -2.5% $86 / Sq Ft
04/17/2019 04/17/19 Price Changed $85,000 -5.5% $88 / Sq Ft
03/24/2019 03/24/19 For Sale $89,900 0.0% $93 / Sq Ft
03/15/2019 03/15/19 Pending -- -- --
02/22/2019 02/22/19 For Sale $89,900 -- $93 / 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 $1,833 $151,505 $26,000 $125,505
2024 $1,833 $151,505 $26,000 $125,505
2023 $1,833 $151,505 $26,000 $125,505
2022 $1,234 $95,814 $20,000 $75,814
2021 $1,234 $95,814 $20,000 $75,814
2020 $1,234 $95,814 $20,000 $75,814
2019 $899 $69,839 $20,000 $49,839
2018 $741 $58,216 $17,160 $41,056
2017 $741 $58,216 $17,160 $41,056
2016 $741 $58,216 $17,160 $41,056
2015 $752 $58,216 $17,160 $41,056
2014 $719 $57,480 $14,300 $43,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3557503

Canopy MLS (Canopy Realtor® Association)

APN: 149-279