NOT LISTED FOR SALE

724 Broad St Kannapolis, NC 28081

Estimated Value: $144,000 - $200,000

2 Beds
1 Bath
745 Sq Ft
$236/Sq Ft Est. Value

Last Sold March 24, 2017

Last sale price $61,000 $82 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $1,070/month

8 Days on Market

Highlights

  • Open Floorplan
  • Breakfast Bar
  • Vinyl Flooring
  • Cottage
  • Level Lot

About This Home

As of March 2017

Big things are on the horizon in Downtown Kannapolis and this charming bungalow is in close proximity. The vaulted ceiling and open floor plan only add to the spacious feel of this home. Move in by Spring to enjoy all this house has to offer or this could make a great investment property.

Last Agent to Sell the Property

Diane Honeycutt

Howard Hanna Allen Tate Concord License #161527 Listed on: 02/14/2017

Howard Hanna Allen Tate Concord

Last Buyer's Agent

Susan Graham

1 Percent Lists Advantage License #209297

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • Level Lot

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • Open Floorplan
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Oven

Flooring

  • Laminate
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 5613 38 2396

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.93846
  • Ratio Close Price By Original Li: 0.93846
  • Ratio Current Price By Acre: 317708.33
  • Ratio Current Price By Sq Ft: 81.88
  • Year Built: 1930
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Disposal, Electric Dryer Hookup, Exhaust Fan, Microwave, Oven, Refrigerator
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Laminate Wood, Vinyl
  • Interior Amenities: Breakfast Bar, Open Floorplan, Pantry, Vaulted Ceiling
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 745
  • Total Sq Ft: 745

Exterior Features

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

Utilities

  • Heating: Central Air, Electric Hot Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimension: irregular
  • Lot Features: Level
  • Lot Size Area: 0.192
  • Parcel Number: 5613 38 2396
  • Zoning Specification: RV

Tax Info

  • Tax Value: 53510.00
  • Tax Location: Kannapls/cab

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2017
Closed on
Mar 23, 2017
Sold by
Burgess Jonathan B and Wagoner Rachel Louise
Bought by
Kent Steven Michael and Galloway Jennifer
Seller's Agent
Diane Honeycutt
Howard Hanna Allen Tate Concord
Buyer's Agent
Susan Graham
1 Percent Lists Advantage
List Price
$65,000
Sold Price
$61,000
Premium/Discount to List
-$4,000
-6.15%
Current Estimated Value
$175,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,473
Avg. Annual Appreciation
13.15%
Original Mortgage
$54,900
Outstanding Balance
$9,760
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$165,713

Purchase Details

Closed on
Mar 20, 2007
Sold by
Nicholson Johnny Edward and Nicholson Donna B
Bought by
Burgess Jonathan B and Burgess Bradford L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,299
Interest Rate
6.22%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Kent Steven Michael $61,000 None Available
Burgess Jonathan B $41,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kent Steven Michael $54,900
Previous Owner Burgess Jonathan B $63,299
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2017 03/24/17 Sold $61,000 -6.2% $82 / Sq Ft
02/22/2017 02/22/17 Pending -- -- --
02/14/2017 02/14/17 For Sale $65,000 -- $87 / 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 $1,629 $143,440 $46,000 $97,440
2024 $1,629 $143,440 $46,000 $97,440
2023 $991 $72,300 $20,000 $52,300
2022 $991 $72,300 $20,000 $52,300
2021 $991 $72,300 $20,000 $52,300
2020 $991 $72,300 $20,000 $52,300
2019 $733 $53,510 $9,900 $43,610
2018 $722 $53,510 $9,900 $43,610
2017 $712 $53,510 $9,900 $43,610
2016 $712 $59,210 $13,500 $45,710
2015 $746 $59,210 $13,500 $45,710
2014 $746 $59,210 $13,500 $45,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3251436

Canopy MLS (Canopy Realtor® Association)

APN: 5613-38-2396-0000