NOT LISTED FOR SALE

523 Locust St Kannapolis, NC 28081

Estimated Value: $270,000 - $318,000

0.23 Acre
$1,330,864 Price per Acre
9,932 Sq Ft Lot

Sale Details

Date Sold: July 11, 2022

Last sale price $65,000 $38 Per Sq Ft

Est. 367% increase in value since last sale

Current estimated payment $1,897 / mo

66 Days on Market

About This Lot

As of July 2022

Build your Triplex, Duplex or Single Family Residence on this very buildable, cleared, LOT with a nice flat building spot. There are several newer homes across the street & adjacent left neighbor has very nice home & well manicured lawn. This lot is very close to downtown Kannapolis, only .5 mile to loop Rd. & 5 min drive to Atrium Health Ball Park home of Kannapolis Cannon Ballers, Village Park, & GEM Theater. Lot is approved for water & sewer taps & are located directly in front of the lot. Sits nicely above the road making it easier to grade and control water. Kannapolis is new Charlotte with another $40 million project announced only 1 mile away from this home. Don't let your clients miss out on this one, they can buy build & own while new Kannapolis is still in the beginning. * Don't Miss Out * Kannapolis is Exploding * Live freely & with no HOA rules & no neighborhood covenants/restrictions.

Last Agent to Sell the Property

Keith Knight

Wallace Realty License #200248 Listed on: 05/06/2022

Last Buyer's Agent

Keith Knight

Wallace Realty License #200248 Listed on: 05/06/2022

Property Details

Property Type

  • Land

Lot Details

  • Lot Dimensions are 63x170
  • Possible uses of the property include Multi-Family, Residential
  • Zoning described as RV

Utilities

  • Water Tap or Transfer Fee

Listing and Financial Details

  • Assessor Parcel Number 1490398

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 296803.65
  • Restrictions: No Restrictions
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Multi-Family, Residential

Exterior Features

  • Tax Location: Kannapls/row

Utilities

  • Sewer: Public Sewer, Tap Fee Required
  • Water Source: Public, Tap Fee Required

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 1490398
  • Out Buildings Yn: 0
  • Lot Size: 63x170
  • Zoning Description: RV

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2023
Sold by
Helmsman Homes Llc
Bought by
Bratcher Jay and Bratcher Sae-Tiew Jtramon
Current Estimated Value
$303,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,100
Outstanding Balance
$263,323
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$40,114

Purchase Details

Closed on
May 9, 2023
Sold by
Feezor Debra M
Bought by
Feezor Debra M and Feezor Hunter Cole

Purchase Details

Listed on
May 6, 2022
Closed on
Jun 7, 2022
Sold by
Hinckley Gauvain Llc
Bought by
Helmsman Homes Llc
Seller's Agent
Keith Knight
Wallace Realty
Buyer's Agent
Keith Knight
Wallace Realty
List Price
$45,000
Sold Price
$65,000
Premium/Discount to List
$20,000
44.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.81%
Original Mortgage
$770,000
Interest Rate
4.32%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 18, 2021
Sold by
Jackson Whitney Williams
Bought by
Innovation In Vestment Group Llc

Purchase Details

Closed on
Jun 22, 2009
Sold by
Grossman Steven A and Grossman Annette M
Bought by
Jackson Whitney Williams

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,700
Interest Rate
4.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 16, 2009
Sold by
Grossman Steven A and Grossman Annette M
Bought by
Jackson Whitney Williams

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,700
Interest Rate
4.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 30, 2005
Sold by
Marks Dennis Allen and Marks Jenna M
Bought by
Grossman Annette Marks

Purchase Details

Closed on
Apr 16, 2004
Sold by
Laws Annette Marks and Marks Jessie William
Bought by
Grossman Steven A and Grossman Annette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
8.25%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bratcher Jay $299,000 None Listed On Document
Bratcher Jay $299,000 None Listed On Document
Feezor Debra M -- None Listed On Document
Feezor Debra M -- None Listed On Document
Helmsman Homes Llc $190,000 Farlow Todd J
Innovation In Vestment Group Llc $15,000 None Available
Jackson Whitney Williams -- None Available
Jackson Whitney Williams -- None Available
Grossman Annette Marks -- --
Grossman Steven A -- Atlas Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bratcher Jay $269,100
Closed Bratcher Jay $269,100
Previous Owner Helmsman Homes Llc $770,000
Previous Owner Jackson Whitney Williams $80,700
Previous Owner Grossman Steven A $78,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2022 07/11/22 Sold $65,000 +18.7% $38 / Sq Ft
05/06/2022 05/06/22 Price Changed $54,777 -0.4% $32 / Sq Ft
05/06/2022 05/06/22 Price Changed $55,000 +22.2% $32 / Sq Ft
05/06/2022 05/06/22 For Sale $45,000 -- $26 / Sq Ft
Source: Canopy MLS

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 $3,153 $260,545 $19,292 $241,253
2024 $3,153 $260,545 $19,292 $241,253
2023 $233 $19,292 $19,292 $0
2022 $295 $22,898 $22,898 $0
2021 $1,555 $120,769 $22,898 $97,871
2020 $1,555 $120,769 $22,898 $97,871
2019 $1,555 $120,769 $22,898 $97,871
2018 $1,347 $105,811 $22,898 $82,913
2017 $1,347 $105,811 $22,898 $82,913
2016 $1,347 $105,811 $22,898 $82,913
2015 $1,368 $105,811 $22,898 $82,913
2014 $1,350 $108,018 $20,150 $87,868
Source: Public Records

Agents Affiliated with this Home

  • Keith Knight

    Seller's Agent in 2022

    Keith Knight

    Wallace Realty

    (704) 363-0096

    10 in this area

    207 Total Sales

    Keith Knight
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Map

Source: Canopy MLS

MLS Number: 3857418

Canopy MLS

APN: 149-00109

North Carolina Rowan County Kannapolis 28081

523 Locust St, Kannapolis, NC

Not Listed for Sale

Lots

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Based on information submitted to the MLS GRID

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