NOT LISTED FOR SALE

527 Collins St Kannapolis, NC 28083

Estimated Value: $325,000 - $375,336

4 Beds
3 Baths
2,336 Sq Ft
$149/Sq Ft Est. Value

Sale Details

Date Sold: November 24, 2020

Last sale price $249,000 $107 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,207 / mo

29 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Bungalow
  • Jackson Park Elementary School Rated 9+
  • Walk-In Closet
  • Shed

About This Home

As of November 2020

This home is a great renovation with a new basement; with two bedrooms, a full bath, laundry and great room. The home has about 70% new windows, all new electric wiring, plumbing, HVAC, all new kitchen with granite counter tops, all new baths, updated open floor plan with hard wood flooring on the main level. New floors in basement and paint throughout. This home provides a ton of space a fenced in back yard and so much more! Enjoy your outdoor space from your back deck overlooking the back yard. The basement also has a French drain system with sub-pump installed with a transferable life time warranty. This is a MUS SEE!

Last Agent to Sell the Property

George Fountas

The NC Pinnacle Real Estate Group License #276599 Listed on: 09/19/2020

Last Buyer's Agent

Curtis Gravitt

Covenant Realty License #289674

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 0.33

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • Open Floorplan
  • Wood Burning Fireplace
  • Kitchen Island

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Shed

Listing and Financial Details

  • Assessor Parcel Number 5624-80-0853-0000

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0.33 Acres

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Bungalow
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.92565
  • Ratio Current Price By Acre: 754545.45
  • Ratio Current Price By Sq Ft: 106.59
  • Year Built: 1959
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), CO Detector, Disposal, Electric Dryer Hookup, Exhaust Fan
  • Fireplace Description: Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate Wood, Tile, Wood
  • Interior Amenities: Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Basement
  • Room Count: 2
  • Sq Ft Basement: 1168
  • Main Level Sq Ft: 1168
  • Total Sq Ft: 2336
  • Sq Ft Unheated Basement: 128
  • Sq Ft Unheated Main: 128
  • Sq Ft Unheated Total: 256

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Shed(s)

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway, Parking Space - 4+

Utilities

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

Lot Info

  • Parcel Number: 5624-80-0853-0000
  • Zoning Specification: RM-2

Tax Info

  • Tax Value: 98240.00
  • Tax Location: Kannapls/cab

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2020
Closed on
Nov 18, 2020
Sold by
Res Nc Restoration Llc
Bought by
Prewitt Michael Leou
Seller's Agent
George Fountas
The NC Pinnacle Real Estate Group
Buyer's Agent
Curtis Gravitt
Covenant Realty
List Price
$269,000
Sold Price
$249,000
Premium/Discount to List
-$20,000
-7.43%
Current Estimated Value
$347,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,084
Avg. Annual Appreciation
6.30%
Original Mortgage
$249,000
Outstanding Balance
$221,575
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$125,509

Purchase Details

Closed on
Feb 29, 2020
Sold by
Bluto Nicholas W and Bluto Pamela
Bought by
Res Nc Restoration Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 1, 1983
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Prewitt Michael Leou $249,000 None Available
Res Nc Restoration Llc $75,000 None Available
-- $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prewitt Michael Leou $249,000
Previous Owner Res Nc Restoration Llc $131,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2020 11/24/20 Sold $249,000 0.0% $107 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
10/12/2020 10/12/20 Price Changed $249,000 -3.9% $107 / Sq Ft
09/29/2020 09/29/20 Price Changed $259,000 -3.7% $111 / Sq Ft
09/20/2020 09/20/20 For Sale $269,000 +8.0% $115 / Sq Ft
09/19/2020 09/19/20 Off Market $249,000 -- --
09/19/2020 09/19/20 For Sale $269,000 -- $115 / 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 $4,402 $387,710 $44,000 $343,710
2024 $4,402 $387,710 $44,000 $343,710
2023 $2,981 $217,590 $26,000 $191,590
2022 $2,981 $217,590 $26,000 $191,590
2021 $2,981 $217,590 $26,000 $191,590
2020 $1,807 $131,920 $26,000 $105,920
2019 $1,346 $98,240 $18,750 $79,490
2018 $1,326 $98,240 $18,750 $79,490
2017 $1,307 $98,240 $18,750 $79,490
2016 $1,307 $98,120 $22,500 $75,620
2015 $1,236 $98,120 $22,500 $75,620
2014 $1,236 $98,120 $22,500 $75,620
Source: Public Records

Agents Affiliated with this Home

  • George Fountas

    Seller's Agent in 2020

    George Fountas

    The NC Pinnacle Real Estate Group

    (704) 530-8867

    29 in this area

    48 Total Sales

    George Fountas
    Section Image

  • C

    Buyer's Agent in 2020

    Curtis Gravitt

    Covenant Realty

    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3661612

Canopy MLS

APN: 5624-80-0853-0000

North Carolina Cabarrus County Kannapolis 28083

527 Collins St, Kannapolis, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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