K
Seller's Agent in 2020
Kenneth Yates
Leisurely Real Estate
(980) 521-1559
1 in this area
32 Total Sales
703 Ruth Ave Kannapolis, NC 28083
Estimated Value: $147,000 - $202,000
2
Beds
1
Bath
803
Sq Ft
$219/Sq Ft
Est. Value
Highlights
- No HOA
- Cottage
- Built-In Features
- Jackson Park Elementary School Rated 9+
- Front Porch
- Community Playground
About This Home
As of February 2020Great opportunity for the first time home buyer or investor! Neat 2BR 1BA in an ideal popular neighborhood directly adjacent to elementary school. Home was completely updated in 2019 which includes a new roof, new ductwork, fresh paint, new flooring, new carpet, kitchen cabinets, and backsplash!! Just minutes from the soon to be re-vitalized Downtown Kannapolis! The backyard was also just cleared out to add new gravel to the driveway! Large storage shed to convey. Complete HVAC replaced in 2015 and all Stainless Steel Appliances are included. This house is move-in ready for it's new owner! Don't miss out.
Last Agent to Sell the Property
Leisurely Real Estate Brokerage Email: yatesestatesnc@gmail.com License #263929 Listed on: 12/04/2019
Co-Listed By
Leisurely Real Estate Brokerage Email: yatesestatesnc@gmail.com License #274657
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,078
Year Built
- Built in 1935
Lot Details
- 7,405 Sq Ft Lot
- Level Lot
- Property is zoned RM-2
Home Design
- Cottage
- Composition Roof
- Vinyl Siding
Interior Spaces
- 803 Sq Ft Home
- 1-Story Property
- Wired For Data
- Built-In Features
- Ceiling Fan
- Window Treatments
- Storage
- Laundry in Utility Room
- Crawl Space
Kitchen
- Electric Oven
- Electric Cooktop
- Microwave
- Freezer
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Parking
- Driveway
- On-Street Parking
Outdoor Features
- Shed
- Front Porch
Schools
- Jackson Park Elementary School
- Kannapolis Middle School
- A.L. Brown High School
Utilities
- Central Heating
- Heat Pump System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 5624-22-6267-0000
Community Details
Overview
- No Home Owners Association
Recreation
- Community Playground
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 4, 2019
Closed on
Feb 3, 2020
Sold by
Yates Keri Gail
Bought by
Johnson Randy C
Seller's Agent
Kenneth Yates
Leisurely Real Estate
Buyer's Agent
Diane Honeycutt
Howard Hanna Allen Tate Concord
List Price
$109,900
Sold Price
$102,400
Premium/Discount to List
-$7,500
-6.82%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,567
Avg. Annual Appreciation
9.91%
Original Mortgage
$104,400
Outstanding Balance
$93,741
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$82,226
Purchase Details
Closed on
Jun 1, 2015
Sold by
Simpson Robert J and Simpson Stephanie A
Bought by
Us Bank Na
Purchase Details
Closed on
Jan 26, 1998
Sold by
Hudson John F and Engstrom Terry E
Bought by
Simpson Robert J and Simpson Stephanie G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,600
Interest Rate
7.07%
Purchase Details
Closed on
Jun 1, 1989
Purchase Details
Closed on
May 1, 1989
Purchase Details
Closed on
Apr 1, 1989
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Johnson Randy C | $102,500 | None Available | |
| Us Bank Na | $45,000 | None Available | |
| Simpson Robert J | $40,000 | -- | |
| -- | $14,500 | -- | |
| -- | $13,500 | -- | |
| -- | $12,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Johnson Randy C | $104,400 | |
| Previous Owner | Simpson Robert J | $38,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/03/2020 02/03/20 | Sold | $102,400 | -6.8% | $128 / Sq Ft | |
| 12/06/2019 12/06/19 | Pending | -- | -- | -- | |
| 12/04/2019 12/04/19 | For Sale | $109,900 | +337.8% | $137 / Sq Ft | |
| 01/17/2016 01/17/16 | Off Market | $25,100 | -- | -- | |
| 10/15/2015 10/15/15 | Sold | $25,100 | +26.1% | $32 / Sq Ft | View Prior Sale |
| 09/12/2015 09/12/15 | Pending | -- | -- | -- | |
| 08/18/2015 08/18/15 | For Sale | $19,900 | -- | $25 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $2,078 | $183,030 | $52,000 | $131,030 |
| 2024 | $2,078 | $183,030 | $52,000 | $131,030 |
| 2023 | $1,392 | $101,620 | $32,000 | $69,620 |
| 2022 | $1,392 | $101,620 | $32,000 | $69,620 |
| 2021 | $1,392 | $101,620 | $32,000 | $69,620 |
| 2020 | $1,106 | $80,710 | $32,000 | $48,710 |
| 2019 | $659 | $48,110 | $9,800 | $38,310 |
| 2018 | $649 | $48,110 | $9,800 | $38,310 |
| 2017 | $640 | $48,110 | $9,800 | $38,310 |
| 2016 | $640 | $55,830 | $12,600 | $43,230 |
| 2015 | $703 | $55,830 | $12,600 | $43,230 |
| 2014 | $703 | $55,830 | $12,600 | $43,230 |
Source: Public Records
Agents Affiliated with this Home
-
Kenneth Yates
-
Cristina Grossu
Seller Co-Listing Agent in 2020
Cristina Grossu
Leisurely Real Estate
(808) 341-4995
2 in this area
166 Total Sales
-
Diane Honeycutt
Buyer's Agent in 2020
Diane Honeycutt
Allen Tate Realtors
(704) 791-2807
15 in this area
177 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3572899
APN: 5624-22-6267-0000
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