NOT LISTED FOR SALE

525 Florence Ave Kannapolis, NC 28083

Estimated Value: $188,000 - $216,324

2 Beds
1 Bath
896 Sq Ft
$222/Sq Ft Est. Value

Last Sold July 02, 2018

Last sale price $83,000 $93 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $1,216/month

1 Day on Market

Highlights

  • Corner Lot
  • Cottage
  • 1-Story Property
  • Jackson Park Elementary School Rated 9+
  • Separate Outdoor Workshop

About This Home

As of July 2018

Prefect home for the 1st time home buyer or investor. Large fenced in yard. Workshop with outside storage. Located on a corner lot. 2nd bedroom does not have a closet. New roof installed 2017. Minutes from I 85 and downtown Kannapolis.

Last Agent to Sell the Property

Michelle Steeley

Premier Real Estate Team Inc. License #297634 Listed on: 05/30/2018

Last Buyer's Agent

Paula Severt

Lantern Realty & Development, LLC License #256100

Lantern Realty & Development, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Crawl Space
  • Oven

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Listing and Financial Details

  • Assessor Parcel Number 5624-70-1847-0000

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.05063
  • Ratio Close Price By Original Li: 1.05063
  • Ratio Current Price By Acre: 276666.67
  • Ratio Current Price By Sq Ft: 92.63
  • Year Built: 1900
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Brick, Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Cable Prewire, Cooktop Electric, Dryer, Dishwasher, Electric Dryer Hookup, Electric Range, Exhaust Fan, Ice Maker Connection, Oven, Refrigerator, Electric Oven
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 896
  • Total Sq Ft: 896

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Parking: Detached Garage

Utilities

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

Lot Info

  • Lot Features: Corner Lot, Level
  • Parcel Number: 5624-70-1847-0000
  • Zoning Specification: RM-2

Tax Info

  • Tax Value: 54460.00
  • Tax Location: Kannapls/cab

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2018
Closed on
Jun 29, 2018
Sold by
Hull Tracy Lambert and Hull Dwayne M
Bought by
Sloop Tommy D and Sloop Priscilla
Seller's Agent
Michelle Steeley
Premier Real Estate Team Inc.
Buyer's Agent
Paula Severt
Lantern Realty & Development, LLC
List Price
$79,000
Sold Price
$83,000
Premium/Discount to List
$4,000
5.06%
Current Estimated Value
$198,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,831
Avg. Annual Appreciation
12.35%
Original Mortgage
$81,496
Outstanding Balance
$71,934
Interest Rate
5.37%
Mortgage Type
FHA
Estimated Equity
$126,897

Purchase Details

Closed on
Feb 25, 2014
Sold by
Osborne Larry David and Osborne Peggy Jean
Bought by
A Place 4 Us Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Sloop Tommy D $83,000 None Available
A Place 4 Us Llc $33,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sloop Tommy D $81,496
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2018 07/02/18 Sold $83,000 +5.1% $93 / Sq Ft
05/31/2018 05/31/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $79,000 -- $88 / 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 $2,086 $183,690 $44,000 $139,690
2024 $2,086 $183,690 $44,000 $139,690
2023 $1,378 $100,550 $26,000 $74,550
2022 $1,316 $96,040 $26,000 $70,040
2021 $1,316 $96,040 $26,000 $70,040
2020 $1,316 $96,040 $26,000 $70,040
2019 $794 $57,990 $16,500 $41,490
2018 $735 $54,460 $16,500 $37,960
2017 $724 $54,460 $16,500 $37,960
2016 $724 $74,430 $19,800 $54,630
2015 $938 $74,430 $19,800 $54,630
2014 $938 $74,430 $19,800 $54,630
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3397726

Canopy MLS (Canopy Realtor® Association)

APN: 5624-70-1847-0000