NOT LISTED FOR SALE

5309 Power Line St Kannapolis, NC 28081

Estimated Value: $149,000 - $223,000

1 Bed
1 Bath
788 Sq Ft
$231/Sq Ft Est. Value

Last Sold December 14, 2016

Last sale price $26,000 $33 Per Sq Ft

Est. 599% increase in value since last sale

Current estimated payment $1,034/month

5 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Forced Air Heating System
  • Ranch Style House
  • Front Porch
  • Vinyl Flooring

About This Home

As of December 2016

Nice location for investment or first time buyer . Priced well below tax value . Seller will not make any repairs .

Last Agent to Sell the Property

Jimmy Carter

Kannapolis Real Estate Advisors Brokerage Email: JPCarter@ctc.net License #238763 Listed on: 11/18/2016

Last Buyer's Agent

Kaci Crider

TMR Realty, Inc. License #289754

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $977

Year Built

  • Built in 1930

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 151x100
  • Wooded Lot

Parking

  • 2 Open Parking Spaces

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 788 Sq Ft Home
  • Crawl Space

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Front Porch

Schools

  • Fred Wilson Elementary School
  • Kannapolis Middle School
  • A.L. Brown High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5604316923

Home Details

Home Type

Single Family

Est. Annual Taxes

$977

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1930
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Dirt, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 32.99
  • Attribution Contact: JPCarter@ctc.net
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Laminate, Vinyl
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 788
  • 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
  • Appliances: Electric Water Heater
  • Above Grade Finished Sq Ft: 788
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 788
  • Bedroom Main: 1
  • Room Count: 4
  • Sq Ft Other: 0

Exterior Features

  • New Construction: No
  • Roof: Fiberglass
  • Construction Type: Site Built
  • Construction Type: Vinyl
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Forced Air, Oil
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Features: Wooded
  • Lot Size Area: 0.35
  • Lot Size Units: Acres
  • Parcel Number: 5604316923
  • Plat Reference Section Pages: 0051
  • Development Status: Completed
  • Lot Size Acres: 0.35
  • Lot Size: 151X100
  • Lot Size Sq Ft: 15246
  • Zoning Description: SFR
  • ResoLotSizeUnits: Acres
  • Zoning Specification: SFR

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Fred Wilson
  • High School: A.L. Brown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2016
Closed on
Dec 14, 2016
Sold by
Wolfe Margie
Bought by
Rivera Serrano Adrian David and Rivera Dominquez Lizzette
Seller's Agent
Jimmy Carter
Kannapolis Real Estate Advisors
Buyer's Agent
Kaci Crider
TMR Realty, Inc.
List Price
$30,000
Sold Price
$26,000
Premium/Discount to List
-$4,000
-13.33%
Current Estimated Value
$181,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,657
Avg. Annual Appreciation
24.57%

Purchase Details

Closed on
Dec 16, 2013
Sold by
Wolfe Christopher
Bought by
Wolfe Margie

Purchase Details

Closed on
Mar 29, 2012
Sold by
Wolfe Margie
Bought by
Wolfe Christopher
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
Rivera Serrano Adrian David $26,000 None Available
Wolfe Margie -- None Available
Wolfe Christopher -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2016 12/14/16 Sold $26,000 -13.3% $33 / Sq Ft
11/23/2016 11/23/16 Pending -- -- --
11/18/2016 11/18/16 For Sale $30,000 -- $38 / 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 $977 $144,590 $44,000 $100,590
2024 $836 $144,590 $44,000 $100,590
2023 $714 $85,050 $28,600 $56,450
2022 $714 $85,050 $28,600 $56,450
2021 $714 $85,050 $28,600 $56,450
2020 $714 $85,050 $28,600 $56,450
2019 $549 $65,400 $16,250 $49,150
2018 $536 $65,400 $16,250 $49,150
2017 $510 $65,400 $16,250 $49,150
2016 $481 $66,150 $18,750 $47,400
2015 -- $66,150 $18,750 $47,400
2014 -- $66,150 $18,750 $47,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3232244

Canopy MLS (Canopy Realtor® Association)

APN: 5604-31-6923-0000