NOT LISTED FOR SALE

524 Park St Kannapolis, NC 28083

Estimated Value: $174,000 - $203,000

2 Beds
1 Bath
955 Sq Ft
$196/Sq Ft Est. Value

Last Sold March 16, 2022

Last sale price $162,000 $170 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,175/month

11 Days on Market

Highlights

  • Wooded Lot
  • Laundry Room
  • Forced Air Heating System
  • Covered Patio or Porch
  • Bungalow
  • Level Lot

About This Home

As of March 2022

Come see this charming, well maintained home centrally located near all that Kannapolis has to offer. Whether you are looking for your first home, looking to downsize, or for a turn key investment, this home is sure to please. With just under 1000 sqft of living area and recent updates (within 3 years), this home offers larger bedrooms and plenty of living space to live, play, and rest in comfort. There is an eat-in kitchen, dining room, living room, indoor laundry area, and a back door leading to a private backyard. Reasonably priced, great square footage, and move-in ready, this is not one you want to sit on.

Last Agent to Sell the Property

Jose Sanchez

Keller Williams Premier License #282609 Listed on: 02/04/2022

Keller Williams Premier

Last Buyer's Agent

Durga Khatri

United Real Estate-Queen City License #292012

United Real Estate-Queen City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,288

Year Built

  • Built in 1935

Lot Details

  • Lot Dimensions are 62.5' x 154' x 60' x 154'
  • Level Lot
  • Wooded Lot
  • Zoning described as RV

Parking

  • Driveway

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 955 Sq Ft Home
  • Window Treatments
  • Crawl Space
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

  • Forest Park Elementary School
  • Kannapolis Middle School
  • A.L. Brown High School

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5613-76-8894-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,288

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1935
  • Ratio Current Price By Acre: 736363.64
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Dirt
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Attic Other, Cable Available, Window Treatments
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 955
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Covered,Front
  • Appliances: Cable Prewire, Electric Dryer Hookup, Electric Range
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 955
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Kannapls/cab
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Driveway, Parking Space - 2

Utilities

  • Heating: Central, Forced Air
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, In Kitchen
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

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

Lot Info

  • Lot Features: Level, Wooded
  • Lot Size Area: 0.22
  • Lot Size Units: Acres
  • Parcel Number: 5613-76-8894-0000
  • Plat Book Slide: 1-64
  • Plat Reference Section Pages: 1-64
  • Lot Size: 62.5' x 154' x 60' x 154'
  • Zoning Description: RV

Tax Info

  • RATIO List Price By Tax Amount: 1.35639

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Forest Park
  • High School: A.L. Brown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Oct 15, 2020
Sold by
Cmd Of The Carolinas Llc
Bought by
Alexander Nathaniel Phillip
Seller's Agent
Teresa Ross
Premier Real Estate Team Inc.
Buyer's Agent
Jose Sanchez
Keller Williams Premier
List Price
$114,900
Sold Price
$114,900
Current Estimated Value
$187,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,686
Avg. Annual Appreciation
10.24%
Original Mortgage
$112,818
Outstanding Balance
$100,346
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$87,240

Purchase Details

Closed on
Dec 27, 2017
Sold by
Newton Donald L and Newton Donald L
Bought by
Ross Farm And Timbers Llc

Purchase Details

Closed on
Jun 27, 2012
Sold by
Newton Donald L and Newton Donald L
Bought by
Suburban Investments Of The Carolinas Ll

Purchase Details

Closed on
Jun 30, 2000
Sold by
The Gilliam Family Ltd Partnership
Bought by
Newton Donald L and Newton Donald L

Purchase Details

Closed on
Aug 14, 1998
Sold by
Gilliam Everette L and Gilliam Judy Y
Bought by
Gilliam Family Ltd Partnership

Purchase Details

Closed on
Aug 1, 1990

Purchase Details

Closed on
Aug 1, 1980
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
Alexander Nathaniel Phillip $115,000 None Available
Ross Farm And Timbers Llc -- None Available
Cmd Of The Carolinas Llc -- None Available
Suburban Investments Of The Carolinas Ll -- None Available
Newton Donald L $1,131,000 --
Gilliam Family Ltd Partnership -- --
-- $14,000 --
-- $19,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander Nathaniel Phillip $112,818
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2022 03/16/22 Sold $162,000 +4.6% $170 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $154,900 +34.8% $162 / Sq Ft
10/16/2020 10/16/20 Sold $114,900 0.0% $124 / Sq Ft View Prior Sale
09/20/2020 09/20/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $114,900 -- $124 / 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 $2,288 $201,510 $45,000 $156,510
2024 $2,288 $201,510 $45,000 $156,510
2023 $1,565 $114,200 $34,000 $80,200
2022 $1,565 $114,200 $34,000 $80,200
2021 $1,565 $114,200 $34,000 $80,200
2020 $763 $55,710 $34,000 $21,710
2019 $364 $26,540 $9,000 $17,540
2018 $358 $26,540 $9,000 $17,540
2017 $353 $26,540 $9,000 $17,540
2016 $353 $23,780 $13,500 $10,280
2015 -- $23,780 $13,500 $10,280
2014 -- $23,780 $13,500 $10,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3826040

Canopy MLS (Canopy Realtor® Association)

APN: 5613-76-8894-0000