NOT LISTED FOR SALE

721 Broad St Kannapolis, NC 28081

Estimated Value: $228,000 - $256,000

3 Beds
1 Bath
1,213 Sq Ft
$200/Sq Ft Est. Value

Last Sold August 14, 2023

Last sale price $153,000 $126 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,479/month

37 Days on Market

Highlights

  • Cooling Available
  • Laundry Room
  • 1-Story Property

About This Home

As of August 2023

*Price adjustment* Multiple offers - please bring highest and best by Monday 24th 8pm This home has tons of potential. Seller would prefer to close on August 10th if possible. Investors don’t let this one slip away - lots of room on this lot so, use your imagination- with this Corner lot, approx 1/2 mile to Kannapolis Cannonballers and beautiful downtown Kannapolis. New Vinyl flooring in kitchen and dinning room. 3 bedrooms with 1 bath with large open great room currently half of the room being used for a business. Tons of potential whether you are looking for a rental property, VRBO, or wanting to make this house a home. Get your showing booked and come see this great location.

Last Agent to Sell the Property

Pamela Langford

Premier South License #298158 Listed on: 06/16/2023

Premier South

Last Buyer's Agent

Hayley Lewin

EXP Realty LLC License #335878

EXP Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 9,583

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,213 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Electric Oven
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Fred Wilson Elementary School
  • Kannapolis Middle School
  • A.L. Brown High School

Additional Features

  • Property is zoned R8
  • Cooling Available

Community Details

  • Petrea Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5613381224

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1925
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Dirt
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 126.13
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1213
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Oven
  • Above Grade Finished Sq Ft: 1213
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1213
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Exclusions: Refrigerator and washer & dryer
  • Construction Type: Brick Partial, Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Electric
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Electric
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5613381224
  • Zoning: R8
  • Plat Book Slide: 2/35
  • Plat Reference Section Pages: 2/35
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R8

MLS Schools

  • Elementary School: Fred Wilson
  • High School: A.L. Brown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Aug 10, 2023
Sold by
Adkins Omega and Adkins Donta
Bought by
Davidson Alex and Davidson Wendy
Seller's Agent
Pamela Langford
Premier South
Buyer's Agent
Hayley Lewin
EXP Realty LLC
List Price
$192,500
Sold Price
$153,000
Premium/Discount to List
-$39,500
-20.52%
Views
357
Current Estimated Value
$242,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,437
Avg. Annual Appreciation
20.86%
Original Mortgage
$178,400
Outstanding Balance
$174,259
Interest Rate
6.71%
Mortgage Type
Construction
Estimated Equity
$68,178

Purchase Details

Closed on
Jul 14, 2011
Sold by
Furr Theresa Newton and Fields Theresa
Bought by
Hyman Thurman L and Hyman Jeanette C

Purchase Details

Closed on
Sep 14, 2007
Sold by
Griggs Farrar O and Griggs Cynthia S
Bought by
Fields Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 1998
Sold by
Deaton David G
Bought by
Yates Rickey E and Yates Anne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.88%
Mortgage Type
Seller Take Back
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
Davidson Alex $153,000 None Listed On Document
Hyman Thurman L $61,000 None Available
Fields Theresa $65,000 None Available
Yates Rickey E $34,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davidson Alex $178,400
Previous Owner Fields Theresa $65,000
Previous Owner Yates Rickey E $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2023 08/14/23 Sold $153,000 -17.3% $126 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
07/19/2023 07/19/23 Price Changed $185,000 +19.4% $153 / Sq Ft
07/14/2023 07/14/23 Price Changed $155,000 -19.5% $128 / Sq Ft
07/06/2023 07/06/23 For Sale $192,500 +25.8% $159 / Sq Ft
07/03/2023 07/03/23 Off Market $153,000 -- --
06/22/2023 06/22/23 Price Changed $192,500 -3.8% $159 / Sq Ft
06/16/2023 06/16/23 For Sale $200,000 -- $165 / 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 $2,689 $236,770 $46,000 $190,770
2024 $2,689 $236,770 $46,000 $190,770
2023 $1,182 $86,300 $20,000 $66,300
2022 $1,182 $80,280 $20,000 $60,280
2021 $1,100 $80,280 $20,000 $60,280
2020 $1,100 $80,280 $20,000 $60,280
2019 $832 $60,760 $9,900 $50,860
2018 $820 $60,760 $9,900 $50,860
2017 $808 $60,760 $9,900 $50,860
2016 $808 $64,870 $13,500 $51,370
2015 -- $64,870 $13,500 $51,370
2014 -- $64,870 $13,500 $51,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4039186

Canopy MLS (Canopy Realtor® Association)

APN: 5613-38-1224-0000