NOT LISTED FOR SALE

525 Patterson Ave Kannapolis, NC 28083

Estimated Value: $171,000 - $190,000

2 Beds
1 Bath
800 Sq Ft
$229/Sq Ft Est. Value

Last Sold July 09, 2019

Last sale price $95,000 $119 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,126/month

About This Home

As of August 2021

Adorable 2 bedroom and 1 bath bungalow. Open floorplan, neutral paint colors, stainless steel appliances. Covered front porch, fenced yard and conveniently located. Back on market, previous tenant could not take possession.

Last Agent to Rent the Property

Brandy Sellers

Exit Realty Elite Properties License #227741 Listed on: 08/01/2021

Exit Realty Elite Properties

Co-Listed By

Suzi Wolford

Exit Realty Elite Properties License #138790

Last Renter's Agent

Brandy Sellers

Exit Realty Elite Properties License #227741 Listed on: 08/01/2021

Exit Realty Elite Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,783

Year Built

  • Built in 1935

Lot Details

  • 9,148

Interior Spaces

  • 1 Full Bathroom
  • Open Floorplan

Listing and Financial Details

  • Security Deposit $1,000
  • Tenant pays for all utilities
  • Available 8/1/21
  • Assessor Parcel Number 5624-70-5547-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,783

Year Built

Built in 1935

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: 1 Year
  • Available Date: 08/01/2021
  • Pet Deposit: 300
  • Deposit Security: 1000
  • Pets Allowed: Conditional

Listing Details

  • Property Type: Rentals
  • Property Sub Type: House
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 4761.90
  • Ratio Current Price By Sq Ft: 1.25
  • Unit Floor Level: 1
  • Year Built: 1935
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Refrigerator
  • Interior Amenities: Open Floorplan
  • Room Count: 1
  • Total Sq Ft: 800

Exterior Features

  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Gated
  • Parking: Driveway

Schools

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

Lot Info

  • Lot Size Area: 0.210
  • Parcel Number: 5624-70-5547-0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2019
Closed on
Jul 9, 2019
Sold by
Crowder Peas Llc
Bought by
Direnzi Victoria Lynn
Seller's Agent
Chris Puckett
Lantern Realty & Development, LLC
Buyer's Agent
Sherri Argabright
Lantern Realty & Development, LLC
List Price
$95,000
Sold Price
$95,000
Current Estimated Value
$183,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,458
Avg. Annual Appreciation
11.29%
Original Mortgage
$85,000
Outstanding Balance
$75,516
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$108,689

Purchase Details

Listed on
Aug 27, 2015
Closed on
Aug 12, 2015
Sold by
Isenhour David Eugene and Isenhour Kimberly A
Bought by
Crowder Peas Llc
Seller's Agent
Brad McDaniel
American Property Managers LLC
Buyer's Agent
Brad McDaniel
American Property Managers LLC
Sold Price
$650

Purchase Details

Closed on
Mar 21, 2011
Sold by
Isenhour Michael Lynn and Isenhour Tammy K
Bought by
Kerr Cathey I and Kerr Langdon C
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
Direnzi Victoria Lynn $95,000 None Available
Crowder Peas Llc $64,000 None Available
Kerr Cathey I -- None Available
Isenhour David Eugene -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Direnzi Victoria Lynn $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2021 08/09/21 Rented $1,000 0.0% --
08/01/2021 08/01/21 For Rent $1,000 0.0% --
07/09/2019 07/09/19 Sold $95,000 0.0% $119 / Sq Ft
05/22/2019 05/22/19 Pending -- -- --
05/21/2019 05/21/19 For Sale $95,000 0.0% $119 / Sq Ft
06/15/2017 06/15/17 Rented $695 0.0% --
06/15/2017 06/15/17 For Rent $695 +6.9% --
09/08/2015 09/08/15 Rented $650 0.0% --
09/03/2015 09/03/15 Under Contract -- -- --
08/27/2015 08/27/15 For Rent $650 -- --
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
2024 $1,783 $157,000 $44,000 $113,000
2023 $1,178 $86,000 $26,000 $60,000
2022 $1,178 $91,180 $26,000 $65,180
2021 $1,249 $91,180 $26,000 $65,180
2020 $1,249 $91,180 $26,000 $65,180
2019 $871 $63,570 $12,000 $51,570
2018 $858 $63,570 $12,000 $51,570
2017 $845 $63,570 $12,000 $51,570
2016 $845 $58,870 $14,400 $44,470
2015 $742 $58,870 $14,400 $44,470
2014 $742 $58,870 $14,400 $44,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3769088

Canopy MLS (Canopy Realtor® Association)

APN: 5624-70-5547-0000