NOT LISTED FOR SALE

703 West Ave Kannapolis, NC 28081

Estimated Value: $236,000 - $336,835

6 Beds
1 Bath
2,753 Sq Ft
$104/Sq Ft Est. Value

Last Sold November 06, 2017

Last sale price $88,000 $32 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $1,787/month

84 Days on Market

About This Home

As of November 2017

6 bedroom, 1 bath home located on .42 acres in city limits.

Last Agent to Sell the Property

Gwen Chubirko

Genesis Realty Company License #85449 Listed on: 06/21/2017

Last Buyer's Agent

Susan Combs

RE/MAX Leading Edge License #239709

RE/MAX Leading Edge

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1916

Lot Details

  • 0.42

Parking

  • Gravel Driveway

Additional Features

  • 1 Full Bathroom
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 5613-45-7862-0000

Home Details

Home Type

Single Family

Year Built

Built in 1916

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.80073
  • Ratio Close Price By Original Li: 0.73394
  • Ratio Current Price By Acre: 209523.81
  • Ratio Current Price By Sq Ft: 31.97
  • Year Built: 1916
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 757
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 6
  • Equipment: Ceiling Fan(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1996
  • Total Sq Ft: 2753

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Gravel
  • Parking: Detached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Dimension: 102'x183'x100'x183'
  • Lot Size Area: 0.420
  • Parcel Number: 5613-45-7862-0000
  • Zoning Specification: RV

Tax Info

  • Tax Value: 83500.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2017
Closed on
Nov 6, 2017
Sold by
Shore Ronald D and Shore Penelope M
Bought by
Parks Daniel Joseph Tyler and Parks Melony Rose
Seller's Agent
Gwen Chubirko
Genesis Realty Company
Buyer's Agent
Susan Combs
RE/MAX Leading Edge
List Price
$119,900
Sold Price
$88,000
Premium/Discount to List
-$31,900
-26.61%
Total Days on Market
84
Current Estimated Value
$284,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,723
Avg. Annual Appreciation
15.47%
Original Mortgage
$50,000
Outstanding Balance
$28,834
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$239,416

Purchase Details

Closed on
Apr 21, 2011
Sold by
Fox Matthew B and Fox Amanda Gale
Bought by
Shore Ronald D and Shore Penelope M

Purchase Details

Closed on
Jun 1, 2007
Sold by
Fox Michael J
Bought by
Fox Matthew Bryan and Fox Robert Zachery
Source: Public Records

Range of Values:

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Average Value
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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
Parks Daniel Joseph Tyler $88,000 None Available
Shore Ronald D $37,000 None Available
Fox Matthew Bryan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parks Daniel Joseph Tyler $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2017 11/06/17 Sold $88,000 -26.6% $32 / Sq Ft
09/13/2017 09/13/17 Pending -- -- --
06/21/2017 06/21/17 For Sale $119,900 -- $44 / 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 $2,568 $226,130 $46,000 $180,130
2023 $1,298 $94,740 $20,000 $74,740
2022 $1,298 $94,740 $20,000 $74,740
2021 $1,298 $94,740 $20,000 $74,740
2020 $1,298 $94,740 $20,000 $74,740
2019 $1,144 $83,500 $15,400 $68,100
2018 $1,127 $83,500 $15,400 $68,100
2017 $1,111 $83,500 $15,400 $68,100
2016 $1,111 $89,910 $21,000 $68,910
2015 -- $89,910 $21,000 $68,910
2014 -- $89,910 $21,000 $68,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3293868

Canopy MLS (Canopy Realtor® Association)

APN: 5613-45-7862-0000