NOT LISTED FOR SALE

602 Pearl Ave Kannapolis, NC 28083

Estimated Value: $418,000 - $468,000

4 Beds
2 Baths
3,587 Sq Ft
$126/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $260,000 $72 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,774/month

19 Days on Market

Highlights

  • Wood Flooring
  • Front Green Space
  • Many Trees
  • Jackson Park Elementary School Rated 9+
  • Shed
  • Level Lot

About This Home

As of December 2019

Don’t miss this Four-Bedroom Beauty that is both Historical and Grand! At this price-point, why live in a cookie-cutter neighborhood with no character and minimal space when you can own this ONE-OF-A-KIND home on a sprawling lot in the heart of Kannapolis!?! This lovely home with mature trees is located within walking distance of the future minor league baseball stadium, shopping and dining in downtown Kannapolis, and the NC Research Campus. Recent updates to kitchen with brand new SS appliances and renovated full bathroom downstairs. The Cozy Family Room features a beautifully restored 300 year-old staircase, flooring, and custom walls. Full basement provides abundant room for storage and an informal gathering space around a large wood-burning fireplace. Two Spacious Master bedrooms upstairs! For the savvy buyer willing to improve the home, there is significant ROI potential here as well—fully renovated, this home has comps nearing $400K!! This home is MOVE-IN READY! A MUST SEE!!

Last Agent to Sell the Property

Brandon Berry

NorthGroup Real Estate LLC License #119083 Listed on: 10/31/2019

NorthGroup Real Estate LLC

Co-Listed By

Nicole Berry

NorthGroup Real Estate LLC License #300095

Last Buyer's Agent

Denise Moyer

Roost Real Estate License #282051

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • Front Green Space
  • Level Lot
  • Many Trees

Parking

  • Gravel Driveway

Interior Spaces

  • 2 Full Bathrooms
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Crawl Space

Flooring

  • Wood
  • Tile

Additional Features

  • Shed
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5624-11-8605-0000

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Ratio Close Price By List Price: 0.94580
  • Ratio Close Price By Original Li: 0.94580
  • Ratio Current Price By Acre: 590909.09
  • Ratio Current Price By Sq Ft: 72.48
  • Year Built: 1950
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Upper Level Sq Ft: 1651
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), CO Detector, Cooktop Electric, Dishwasher, Microwave, Refrigerator, Self Cleaning Oven
  • Fireplace Description: Den, FAMILYRM, Gas Logs, Rec Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-Ins, Cable Available
  • Laundry Location: Main
  • Room Count: 3
  • Main Level Sq Ft: 1936
  • Total Sq Ft: 3587
  • Sq Ft Unheated Basement: 1363
  • Sq Ft Unheated Total: 1363

Exterior Features

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

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

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

Condo/Co-op/Association

  • Community Features: Street Lights

Schools

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

Lot Info

  • Lot Features: Green Area, Level, Trees
  • Lot Size Area: 0.440
  • Parcel Number: 5624-11-8605-0000
  • Zoning Specification: RM-2

Tax Info

  • Tax Value: 178350.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2019
Closed on
Dec 20, 2019
Sold by
Schulz Darby S and Schulz David A
Bought by
Brown Staley and Brown Kaleigh
Seller's Agent
Brandon Berry
NorthGroup Real Estate LLC
Buyer's Agent
Denise Moyer
Roost Real Estate
List Price
$274,900
Sold Price
$260,000
Premium/Discount to List
-$14,900
-5.42%
Current Estimated Value
$451,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,131
Avg. Annual Appreciation
10.04%
Original Mortgage
$247,000
Outstanding Balance
$217,766
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$233,365

Purchase Details

Closed on
Sep 19, 2016
Sold by
Staggs Philip W
Bought by
Schulz Darby S

Purchase Details

Closed on
Apr 18, 2013
Sold by
Bank Of The Carolinas
Bought by
Staggs Phillip W and Schulz Darby S

Purchase Details

Closed on
Mar 5, 2012
Sold by
Goodson Lauren Kay
Bought by
Bank Of The Carolinas

Purchase Details

Closed on
Apr 29, 2004
Sold by
Miller Dale M and Miller Jane H
Bought by
Goodson Lauren Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.25%
Mortgage Type
Seller Take Back
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
Brown Staley $260,000 Carolina Title Venture Llc
Schulz Darby S -- None Available
Staggs Phillip W $115,000 None Available
Bank Of The Carolinas $155,600 None Available
Goodson Lauren Kay $177,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Staley $247,000
Previous Owner Goodson Lauren Kay $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2019 12/20/19 Sold $260,000 -5.4% $72 / Sq Ft
11/19/2019 11/19/19 Pending -- -- --
10/31/2019 10/31/19 For Sale $274,900 -- $77 / 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 $4,690 $413,070 $48,000 $365,070
2024 $4,690 $413,070 $48,000 $365,070
2023 $3,513 $256,450 $31,160 $225,290
2022 $3,513 $256,450 $31,160 $225,290
2021 $3,513 $256,450 $31,160 $225,290
2020 $3,513 $256,450 $31,160 $225,290
2019 $2,443 $178,350 $43,600 $134,750
2018 $2,408 $178,350 $43,600 $134,750
2017 $2,372 $178,350 $43,600 $134,750
2016 $2,372 $153,320 $30,000 $123,320
2015 $2,322 $153,320 $30,000 $123,320
2014 $2,322 $201,100 $42,000 $159,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3564754

Canopy MLS (Canopy Realtor® Association)

APN: 5624-11-8605-0000