NOT LISTED FOR SALE

5938 Princeton Ave Kannapolis, NC 28081

Estimated Value: $245,000 - $317,000

3 Beds
1.5 Baths
1,324 Sq Ft
$214/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $234,500 $177 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,636/month

10 Days on Market

Highlights

  • Ranch Style House
  • Attached Garage
  • Vinyl Plank Flooring
  • Corner Lot

About This Home

As of June 2021

Completely renovated 3 bedroom/1.5 Bath ranch home within walking distance of the NC Research Campus. This adorable home has been lovingly updated with today's finest finishes and is move-in ready complete with a refrigerator and new washer/dryer. It would be the perfect home to add to an investor's rental portfolio completely turn-key and ready to rent. One car garage with garage door opener. Huge fenced yard for tons of privacy. Close to I-85, Kannapolis, and Concord.

Last Agent to Sell the Property

Susan Dolan

Ivester Jackson Christie's License #268094 Listed on: 04/30/2021

Last Buyer's Agent

Jacquelyne Hicks

EXP Realty LLC License #301561

EXP Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Attached Garage

Home Design

  • Ranch Style House

Additional Features

  • Vinyl Plank Flooring
  • Crawl Space
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5603-49-5970-0000

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.98117
  • Ratio Close Price By Original Li: 0.88491
  • Ratio Current Price By Acre: 817073.17
  • Ratio Current Price By Sq Ft: 177.11
  • Year Built: 1960
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Dryer, Ice Maker Connection, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Carpet, Vinyl Plank
  • Interior Amenities: Attic Other, Cable Available
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1324
  • Total Sq Ft: 1324

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 1 Car, Garage Door Opener

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimension: 122X107X126X104
  • Lot Features: Corner Lot, Level
  • Lot Size Area: 0.287
  • Parcel Number: 5603-49-5970-0000
  • Zoning Specification: LDR

Tax Info

  • Tax Value: 90270.00
  • Tax Location: Kannapls/cab

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
Jun 15, 2021
Sold by
Brooks Matthew and Brooks Shalyn
Bought by
Jimenez Torres Miguel Angel and Torres Faleg Dominguez
Seller's Agent
Susan Dolan
Ivester Jackson Christie's
Buyer's Agent
Jacquelyne Hicks
EXP Realty LLC
List Price
$249,000
Sold Price
$234,500
Premium/Discount to List
-$14,500
-5.82%
Current Estimated Value
$283,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,747
Avg. Annual Appreciation
4.46%
Original Mortgage
$230,252
Outstanding Balance
$208,464
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$74,783

Purchase Details

Closed on
Aug 31, 2010
Sold by
Appling Kenneth C and Appling Candise
Bought by
Brooks Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
4.61%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 12, 2009
Sold by
Hsbc Bank Usa National Association
Bought by
Appling Kenneth Carlton

Purchase Details

Closed on
Oct 24, 2008
Sold by
Danner Omar
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Feb 10, 2006
Sold by
Phillip H Starnes Family Trust and Smith Bereniece M
Bought by
Danner Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,800
Interest Rate
5.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 2, 2003
Sold by
Starnes Phillip Heath and Starnes Sherrie A
Bought by
Smith Bereneice M

Purchase Details

Closed on
Apr 4, 2003
Sold by
Moore J D and Moore Lillie Mae
Bought by
Starnes Phillip H and Starnes Sherrie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.82%
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
Jimenez Torres Miguel Angel $237,000 None Available
Brooks Matthew $130,000 None Available
Appling Kenneth Carlton $32,000 None Available
Hsbc Bank Usa National Association $82,702 None Available
Danner Omar $94,000 None Available
Smith Bereneice M -- --
Starnes Phillip H $42,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jimenez Torres Miguel Angel $230,252
Previous Owner Brooks Matthew $128,000
Previous Owner Danner Omar $18,800
Previous Owner Danner Omar $75,200
Previous Owner Starnes Phillip H $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2021 06/15/21 Sold $234,500 -1.9% $177 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
05/07/2021 05/07/21 Price Changed $239,000 -4.0% $181 / Sq Ft
05/06/2021 05/06/21 For Sale $249,000 0.0% $188 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
04/30/2021 04/30/21 Price Changed $249,000 -6.0% $188 / Sq Ft
04/30/2021 04/30/21 For Sale $265,000 -- $200 / 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 $1,610 $238,170 $40,000 $198,170
2024 $1,610 $238,170 $40,000 $198,170
2023 $1,129 $134,400 $18,000 $116,400
2022 $1,129 $90,270 $18,000 $72,270
2021 $758 $90,270 $18,000 $72,270
2020 $758 $90,270 $18,000 $72,270
2019 $612 $72,910 $7,500 $65,410
2018 $598 $72,910 $7,500 $65,410
2017 $569 $72,910 $7,500 $65,410
2016 $536 $71,940 $10,000 $61,940
2015 -- $71,940 $10,000 $61,940
2014 -- $71,940 $10,000 $61,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3734065

Canopy MLS (Canopy Realtor® Association)

APN: 5603-49-5970-0000