NOT LISTED FOR SALE

5450 Cavin Ln Kannapolis, NC 28081

Estimated Value: $75,000 - $279,000

3 Beds
1 Bath
1,260 Sq Ft
$161/Sq Ft Est. Value

Last Sold November 15, 2018

Last sale price $44,000 $35 Per Sq Ft

Est. 362% increase in value since last sale

Current estimated payment $1,123/month

12 Days on Market

Highlights

  • Private Lot
  • Shed
  • Vinyl Flooring
  • Wooded Lot
  • Wood Burning Fireplace

About This Home

As of November 2018

**Verbal contract awaiting final signatures** There are no showings on this property until contract. Beautiful private lot! Home has evident structural issues and likely electrical issues. No inspections have been done. Priced to condition. Traditional brick ranch with wood burning fireplace w/ brick surround, wood mantle and warm paneled walls. Eat-in kitchen with laundry hook-ups. Three spacious bedrooms share a hall bath. See attachments for PAS requirements & offer submittal information in MLS document section. Owner occupant offers will be reviewed on day 8 of marketing. Investors welcome after 16 days on market. Outbuilding in back yard for additional storage.

Last Agent to Sell the Property

Leigh Brown

One Community Real Estate License #213785 Listed on: 10/17/2018

Last Buyer's Agent

Leigh Brown

One Community Real Estate License #213785 Listed on: 10/17/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • Private Lot
  • Corner Lot
  • Wooded Lot

Interior Spaces

  • 1 Full Bathroom
  • Wood Burning Fireplace
  • Vinyl Flooring
  • Crawl Space

Additional Features

  • Shed
  • Well

Listing and Financial Details

  • Assessor Parcel Number 246049H

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.26074
  • Ratio Close Price By Original Li: 1.26074
  • Ratio Current Price By Acre: 52380.95
  • Ratio Current Price By Sq Ft: 34.92
  • Year Built: 1963
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: Electric Dryer Hookup, Electric Range, Refrigerator, Electric Oven
  • Fireplace Description: Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Attic Other
  • Laundry Location: Main, Kitchen
  • Room Count: 1
  • Main Level Sq Ft: 1260
  • Total Sq Ft: 1260

Exterior Features

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

Garage/Parking

  • Driveway: Earth
  • Parking: Driveway, Parking Space - 2

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Enochville
  • Middle School: Corriher-lipe
  • High School: South Rowan

Lot Info

  • Lot Dimension: 208' x 165' x 187' x 147'
  • Lot Features: Corner Lot, Private, Wooded
  • Lot Size Area: 0.840
  • Parcel Number: 246049H
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 61218.00
  • Tax Location: Kannapls/row

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2018
Closed on
Nov 9, 2018
Sold by
Wells Fargo Bank N A
Bought by
Sharar Monty and Sharar Linda
Seller's Agent
Leigh Brown
One Community Real Estate
Buyer's Agent
Leigh Brown
One Community Real Estate
List Price
$34,900
Sold Price
$44,000
Premium/Discount to List
$9,100
26.07%
Total Days on Market
12
Current Estimated Value
$203,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,333
Avg. Annual Appreciation
25.45%

Purchase Details

Listed on
Oct 17, 2018
Closed on
Sep 20, 2018
Sold by
Milam Cecil D and Milam Letha M
Bought by
Wells Fargo Bank Na
Seller's Agent
Leigh Brown
One Community Real Estate
Buyer's Agent
Leigh Brown
One Community Real Estate
List Price
$34,900
Sold Price
$44,000
Premium/Discount to List
$9,100
26.07%
Source: Public Records

Range of Values:

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
Sharar Monty $44,000 None Available
Wells Fargo Bank Na $72,662 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Milam Cecil D $65,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2018 11/15/18 Sold $44,000 +26.1% $35 / Sq Ft
10/29/2018 10/29/18 Pending -- -- --
10/17/2018 10/17/18 For Sale $34,900 -- $28 / 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 $185 $28,000 $28,000 $0
2024 $185 $28,000 $28,000 $0
2023 $185 $28,000 $28,000 $0
2022 $140 $19,000 $19,000 $0
2021 $140 $19,000 $19,000 $0
2020 $140 $19,000 $19,000 $0
2019 $474 $64,245 $19,000 $45,245
2018 $448 $61,218 $19,000 $42,218
2017 $448 $61,218 $19,000 $42,218
2016 $442 $61,218 $19,000 $42,218
2015 $449 $61,218 $19,000 $42,218
2014 $530 $73,647 $19,000 $54,647
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3444594

Canopy MLS (Canopy Realtor® Association)

APN: 246-049H