NOT LISTED FOR SALE

702 Eddleman Rd Kannapolis, NC 28083

Estimated Value: $309,000 - $321,000

4 Beds
2 Baths
1,847 Sq Ft
$170/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $275,000 $149 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,940/month

6 Days on Market

Highlights

  • Detached Garage
  • Laundry Room
  • Ceiling Fan

About This Home

As of August 2022

**Great investment opportunity!** This home features a beautiful back yard patio, two-car detached
garage, and a separate shed to use as a workshop or storage. This property is close to a few shops and
attractions, and minutes from downtown annapolis with convenient access to Highway 85. Don't miss
out! Showings are available starting Friday, May 27th!

Last Agent to Sell the Property

Sandy Atilano Valtierra

Costello Real Estate and Investments LLC License #329919 Listed on: 05/27/2022

Costello Real Estate and Investments LLC

Last Buyer's Agent

Noelle Donovan Baranuk

Allen Tate Concord License #256952

Allen Tate Concord

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,929

Year Built

  • Built in 1955

Lot Details

  • Zoning described as RM-2

Parking

  • Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,847 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Forest Park Elementary School
  • Kannapolis Middle School
  • A.L. Brown High School

Utilities

  • Heat Pump System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 56230025190000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,929

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1955
  • Ratio Current Price By Acre: 723684.21
  • Road Surface Type: Concrete
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 148.89
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1847
  • 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: Ceiling Fan(s), Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1847
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • New Construction: No
  • Tax Location: Kannapls/cab
  • Construction Type: Site Built
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Detached

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level, Other
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Area: 0.38
  • Lot Size Units: Acres
  • Parcel Number: 56230025190000
  • Zoning Description: RM-2

Tax Info

  • RATIO List Price By Tax Amount: 2.12388

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Forest Park
  • High School: A.L. Brown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Aug 5, 2022
Sold by
Galusha Scott R and Galusha Kristy M
Bought by
Mcconville Stephanie and Stuart Sharon K
Seller's Agent
Sandy Atilano Valtierra
Costello Real Estate and Investments LLC
Buyer's Agent
Noelle Donovan Baranuk
Allen Tate Concord
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$313,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,676
Avg. Annual Appreciation
4.01%
Original Mortgage
$261,250
Outstanding Balance
$251,070
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$59,467

Purchase Details

Closed on
May 22, 2006
Sold by
Morgan Jerry D and Morgan Shirley Furr
Bought by
Galusha Scott R and Galusha Kristy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.41%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 1, 1984
Bought by
Morgan Jerry D
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
Mcconville Stephanie $275,000 Cooper Legal Firm Pc
Galusha Scott R $100,000 None Available
Morgan Jerry D $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcconville Stephanie $261,250
Previous Owner Galusha Scott R $134,200
Previous Owner Galusha Scott R $132,000
Previous Owner Galusha Scott R $108,724
Previous Owner Galusha Kristy M $104,090
Previous Owner Galusha Scott R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $275,000 0.0% $149 / Sq Ft
06/02/2022 06/02/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $275,000 -- $149 / 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
2024 $2,929 $257,960 $51,000 $206,960
2023 $1,774 $162,090 $33,000 $129,090
2022 $1,774 $129,480 $33,000 $96,480
2021 $1,774 $129,480 $33,000 $96,480
2020 $1,774 $129,480 $33,000 $96,480
2019 $1,261 $92,080 $20,000 $72,080
2018 $1,243 $92,080 $20,000 $72,080
2017 $1,225 $92,080 $20,000 $72,080
2016 $1,225 $96,230 $25,000 $71,230
2015 $1,213 $96,230 $25,000 $71,230
2014 $1,213 $96,230 $25,000 $71,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3864424

Canopy MLS (Canopy Realtor® Association)

APN: 5623-00-2519-0000