NOT LISTED FOR SALE

7986 Georgia Ave Kannapolis, NC 28081

Estimated Value: $151,000 - $270,000

3 Beds
1 Bath
1,097 Sq Ft
$206/Sq Ft Est. Value

Sale Details

Date Sold: November 6, 2019

Last sale price $85,000 $77 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $1,287 / mo

2 Days on Market

About This Home

As of November 2019

This home was moved from mill village to current location many years ago.Beautiful wood floors.Located close to Down town,schools,churches,parks,and shopping.Huge fenced back yard with plenty of room for recreation and relaxing. Home is being sold as is.

Last Agent to Sell the Property

Jimmy Carter

Lantern Realty & Development, LLC License #238763 Listed on: 10/05/2019

Lantern Realty & Development, LLC

Last Buyer's Agent

Brandon King

Call It Closed International Inc License #271867

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 0.5

Home Design

  • Ranch Style House
  • Vinyl Siding

Flooring

  • Wood
  • Vinyl

Additional Features

  • 1 Full Bathroom
  • Crawl Space
  • Lot Dimensions are 125x175
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 246A366

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0.5 Acres

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.05590
  • Ratio Close Price By Original Li: 1.05590
  • Ratio Current Price By Acre: 170000.00
  • Ratio Current Price By Sq Ft: 77.48
  • Year Built: 1930
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: Cooktop Electric, Dishwasher, Dryer, Refrigerator, Washer
  • Flooring: Vinyl, Wood
  • Laundry Location: Kitchen
  • Room Count: 1
  • Main Level Sq Ft: 1097
  • Total Sq Ft: 1097

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Earth
  • Parking: Parking Space - 4+

Utilities

  • Heating: Central Air, Heat Pump - AC
  • Sewer: Septic Installed
  • Water: Shared Well
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 125X175
  • Parcel Number: 246A366
  • Plat Reference Section Pages: 0923
  • Zoning Specification: RA

Tax Info

  • Tax Value: 67843.00
  • Tax Location: Kannapls/row

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2023
Sold by
Badramraju Santosh and Whitney Lane
Bought by
Sb & Co Properties Llc
Current Estimated Value
$226,227

Purchase Details

Listed on
Oct 5, 2019
Closed on
Nov 6, 2019
Sold by
Taylor Karen M Owle and Taylor Mathew K
Bought by
Badramraju Santosh
Seller's Agent
Jimmy Carter
Lantern Realty & Development, LLC
Buyer's Agent
Brandon King
Call It Closed International Inc
List Price
$80,500
Sold Price
$85,000
Premium/Discount to List
$4,500
5.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.36%
Original Mortgage
$68,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 1999
Bought by
Owle Karen B
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
Sb & Co Properties Llc -- None Listed On Document
Badramraju Santosh $85,000 None Available
Owle Karen B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Badramraju Santosh $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2019 11/06/19 Sold $85,000 +5.6% $77 / Sq Ft
10/07/2019 10/07/19 Pending -- -- --
10/05/2019 10/05/19 For Sale $80,500 -- $73 / Sq Ft
Source: Canopy MLS

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 $1,054 $159,652 $28,000 $131,652
2024 $1,054 $159,652 $28,000 $131,652
2023 $1,054 $159,652 $28,000 $131,652
2022 $500 $67,843 $20,000 $47,843
2021 $500 $67,843 $20,000 $47,843
2020 $500 $67,843 $20,000 $47,843
2019 $500 $67,843 $20,000 $47,843
2018 $221 $60,503 $20,000 $40,503
2017 $442 $60,503 $20,000 $40,503
2016 $437 $60,503 $20,000 $40,503
2015 $443 $60,503 $20,000 $40,503
2014 $448 $62,236 $20,000 $42,236
Source: Public Records

Agents Affiliated with this Home

  • Jimmy Carter

    Seller's Agent in 2019

    Jimmy Carter

    Lantern Realty & Development, LLC

    (980) 621-6656

    31 Total Sales

    Jimmy Carter
    Section Image
  • Brandon King

    Buyer's Agent in 2019

    Brandon King

    Call It Closed International Inc

    (704) 787-1667

    56 Total Sales

    Brandon King
    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3556837

Canopy MLS

APN: 246-A366

North Carolina Rowan County Kannapolis 28081

7986 Georgia 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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