NOT LISTED FOR SALE

718 Margate Ave Kannapolis, NC 28081

Estimated Value: $326,000 - $356,000

4 Beds
3 Baths
1,591 Sq Ft
$216/Sq Ft Est. Value

Sale Details

Date Sold: November 12, 2021

Last sale price $275,000 $173 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,187 / mo

6 Days on Market

Highlights

  • Ranch Style House
  • Walk-In Closet
  • Storm Doors
  • Attached Garage
  • Tile Flooring

About This Home

As of November 2021

Did you say one level? Well this well maintained 4 bedroom home comes with all of the bells and whistles installed just 2 years ago! Don't miss out on this home that is laid out just right for roommates and/or for first time home buyers and/or that family just looking for 2 mastered bedrooms with just the right amount of space! No need to share all of the bathrooms because this home comes with 3 full bathrooms updated just over 2 years ago. Need backyard space? This home won't disappoint. Stop here today and make this a short day!

Last Agent to Sell the Property

Stacey Scott

Dalton Wade, Inc. License #313116 Listed on: 09/30/2021

Dalton Wade, Inc.

Last Buyer's Agent

Angie Miller

Genesis Realty Company License #269703

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • 0.34

Parking

  • Attached Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Insulated Windows
  • Crawl Space
  • Pull Down Stairs to Attic
  • Storm Doors
  • Oven

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Additional Features

  • Lot Dimensions are 100x150
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5613-16-8168-0000

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

0.34 Acres

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.03774
  • Ratio Close Price By Original Li: 1.03774
  • Ratio Current Price By Acre: 808823.53
  • Ratio Current Price By Sq Ft: 172.85
  • Year Built: 1984
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Brick, Concrete, Crawl Space
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows, Storm Door(s)
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Cooktop Electric, Dishwasher, Electric Dryer Hookup, Exhaust Fan, Network Ready, Oven, Self Cleaning Oven
  • Fixture Exception Description: washer/dryer, refrigerator
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Laminate Wood, Tile
  • Interior Amenities: Attic Stairs Pulldown, Cable Available, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1591
  • Total Sq Ft: 1591
  • Sq Ft Unheated Main: 472
  • Sq Ft Unheated Total: 472

Exterior Features

  • Construction: Brick Full, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Satellite Internet Available

Garage/Parking

  • Driveway: Gravel
  • Parking: Attached Garage, Garage - 1 Car, On-Street Parking

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water, Filtration System, Water Softener System
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 100x150
  • Parcel Number: 5613-16-8168-0000
  • Zoning Specification: RV

Tax Info

  • Tax Value: 194680.00
  • Tax Location: Cabarrus

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Nov 5, 2021
Sold by
Bought by
Seller's Agent
Stacey Scott
Dalton Wade, Inc.
Buyer's Agent
Angie Miller
Genesis Realty Company
List Price
$265,000
Sold Price
$275,000
Premium/Discount to List
$10,000
3.77%
Current Estimated Value
$344,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,282
Avg. Annual Appreciation
5.06%
Original Mortgage
$275,000
Outstanding Balance
$252,060
Interest Rate
3.01%
Mortgage Type
VA
Estimated Equity
$92,222

Purchase Details

Listed on
Feb 22, 2018
Closed on
Apr 12, 2018
Sold by
Bought by
Seller's Agent
Miriam Vanderlaan
Carolina Homes Realty
Buyer's Agent
Margo Autry
Keller Williams Ballantyne Area
List Price
$179,900
Sold Price
$180,000
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.53%
Original Mortgage
$162,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2008
Sold by
Bought by

Purchase Details

Closed on
Nov 25, 2007
Sold by
Bought by

Purchase Details

Closed on
Jun 1, 1984
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$275,000 None Available
$180,000 None Available
$57,000 None Available
$93,783 None Available
$4,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $275,000
Previous Owner $162,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2021 11/12/21 Sold $275,000 +3.8% $173 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $265,000 +47.2% $167 / Sq Ft
04/12/2018 04/12/18 Sold $180,000 +0.1% $114 / Sq Ft View Prior Sale
03/21/2018 03/21/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $179,900 -- $114 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,857 $339,640 $60,000 $279,640
2024 $3,857 $339,640 $60,000 $279,640
2023 $2,667 $194,680 $24,000 $170,680
2022 $2,667 $194,680 $24,000 $170,680
2021 $2,667 $194,680 $24,000 $170,680
2020 $2,667 $194,680 $24,000 $170,680
2019 $1,758 $128,300 $17,500 $110,800
2018 $1,732 $128,300 $17,500 $110,800
2017 $1,615 $121,420 $17,500 $103,920
2016 $1,615 $116,120 $18,750 $97,370
2015 $1,463 $116,120 $18,750 $97,370
2014 $1,463 $116,120 $18,750 $97,370
Source: Public Records

Agents Affiliated with this Home

  • Stacey Scott

    Seller's Agent in 2021

    Stacey Scott

    Dalton Wade, Inc.

    (704) 774-3303

    1 in this area

    25 Total Sales

    Stacey Scott
    Section Image
  • Angie Miller

    Buyer's Agent in 2021

    Angie Miller

    Genesis Realty Company

    (704) 491-1727

    14 in this area

    157 Total Sales

    Angie Miller
    Section Image
  • Miriam Vanderlaan

    Seller's Agent in 2018

    Miriam Vanderlaan

    Carolina Homes Realty

    (704) 699-9505

    6 in this area

    28 Total Sales

    Miriam Vanderlaan
    Section Image
  • Margo Autry

    Buyer's Agent in 2018

    Margo Autry

    Keller Williams Ballantyne Area

    (704) 502-6867

    1 in this area

    18 Total Sales

    Margo Autry
    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3791352

Canopy MLS

APN: 5613-16-8168-0000

North Carolina Cabarrus County Kannapolis 28081

718 Margate Ave, Kannapolis, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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