NOT LISTED FOR SALE

707 Margate Ave Kannapolis, NC 28081

Estimated Value: $124,000 - $562,000

3 Beds
2.5 Baths
1,230 Sq Ft
$274/Sq Ft Est. Value

Last Sold June 14, 2022

Last sale price $307,500 $250 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,775/month

40 Days on Market

Highlights

  • New Construction
  • Deck
  • Walk-In Closet
  • Open Floorplan
  • Wooded Lot
  • Breakfast Bar

About This Home

As of June 2022

$2,500 CLOSING ASSISTANCE WITH ACCEPTABLE OFFER!! *** This beautiful NEW BUILD features 3 BEDS 2 FULL BATHS & a HALF BATH, LVP flooring throughout and plush carpet in the bedrooms. Entertainment / Living Space on the main level and Bedrooms on the upper level. The kitchen features granite countertops, plenty of cabinet space, breakfast bar area, Stove, Refrigerator, Dishwasher & Overhead Microwave! Unwind after a long day on the side deck and enjoy the summer breeze. Just minutes from the ballpark, parks, bowling, shopping & restaurants! We have 3 Available! Come take a stroll through the neighborhood and lets call this property HOME!

Last Agent to Sell the Property

Sheila St Germain

EXP Realty LLC Ballantyne License #277315 Listed on: 05/05/2022

EXP Realty LLC Ballantyne

Co-Listed By

Michael St. Germain

EXP Realty LLC Ballantyne License #277314

Last Buyer's Agent

Phil Puma

Puma & Associates Realty, Inc. License #203114

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Cleared Lot
  • Wooded Lot
  • Zoning described as RV

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Crawl Space
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Additional Features

  • Deck
  • Heat Pump System

Community Details

  • Built by Edco Construction

Listing and Financial Details

  • Assessor Parcel Number 5613-26-2552-0000

Home Details

Home Type

Single Family

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2022
  • Ratio Current Price By Acre: 1336956.52
  • Restrictions: No Representation
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Breakfast Bar, Open Floorplan, Pantry, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 615
  • 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: 615
  • Porch: Deck
  • Appliances: Ceiling Fan(s), Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1230
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • New Construction: Yes
  • Construction Status: Complete
  • Tax Location: Kannapls/cab
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Lot Features: Cleared, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 5613-26-2552-0000
  • Lot Size: Irregular
  • Zoning Description: RV

Building Info

  • Builder Name: Edco Construction

Tax Info

  • RATIO List Price By Tax Amount: 3.12931

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Jun 9, 2022
Sold by
Roco Builders Llc
Bought by
Bsfr I Owner I Lp
Seller's Agent
Sheila St Germain
EXP Realty LLC Ballantyne
Buyer's Agent
Phil Puma
Puma & Associates Realty, Inc.
List Price
$320,000
Sold Price
$307,500
Premium/Discount to List
-$12,500
-3.91%
Current Estimated Value
$337,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,057
Avg. Annual Appreciation
2.65%

Purchase Details

Closed on
Jan 6, 2016
Sold by
Hart Kristine A
Bought by
Solitaire Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2016
Sold by
Moss Gary and Moss Anita A
Bought by
Hart Kristine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bsfr I Owner I Lp $307,500 Chicago Title
Solitaire Ventures Llc -- None Available
Hart Kristine A $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hart Kristine A $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2022 06/14/22 Sold $307,500 -3.1% $250 / Sq Ft
05/10/2022 05/10/22 Price Changed $317,500 -0.8% $258 / Sq Ft
05/05/2022 05/05/22 For Sale $320,000 -- $260 / 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 $114 $10,000 $10,000 $0
2024 $114 $10,000 $10,000 $0
2023 $55 $4,000 $4,000 $0
2022 $55 $4,000 $4,000 $0
2021 $55 $4,000 $4,000 $0
2020 $55 $4,000 $4,000 $0
2019 $38 $2,800 $2,800 $0
2018 $38 $2,800 $2,800 $0
2017 $37 $2,800 $2,800 $0
2016 $37 $3,000 $3,000 $0
2015 $38 $3,000 $3,000 $0
2014 $38 $3,000 $3,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3857322

Canopy MLS (Canopy Realtor® Association)

APN: 5613-26-2520-0000