NOT LISTED FOR SALE

803 Ruth Ave Kannapolis, NC 28083

Estimated Value: $192,045 - $242,000

2 Beds
1 Bath
1,108 Sq Ft
$191/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $140,000 $126 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,308/month

15 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Bungalow
  • Jackson Park Elementary School Rated 9+
  • Fireplace

About This Home

As of August 2021

This adorable home has a great yard and is close to everything Kannapolis has to offer! The roof was replaced in 2017 and the HVAC new in 2019. The windows have all been replaced as well. The home has large rooms and has an office too! All tile and hardwood floors. Pull down attic steps and also a cellar for storage. The detached garage has a workshop and electric, too. The home has been rented for many years so it could be moved right into, but it also has many possibilities to make it a showplace! It is being sold AS IS. Seller to do no repairs.

Last Agent to Sell the Property

Nancy McCauley

Realty ONE Group Select License #282492 Listed on: 07/03/2021

Realty ONE Group Select

Last Buyer's Agent

Matthew Crandall

Coldwell Banker Realty License #311890

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1938

Lot Details

  • 0.26

Parking

  • Gravel Driveway

Home Design

  • Bungalow

Interior Spaces

  • 1 Full Bathroom
  • Fireplace
  • Insulated Windows
  • Pull Down Stairs to Attic

Flooring

  • Wood
  • Tile

Additional Features

  • Outbuilding
  • Corner Lot
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 151379

Home Details

Home Type

Single Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Bungalow
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.93396
  • Ratio Close Price By Original Li: 0.93396
  • Ratio Current Price By Acre: 538461.54
  • Ratio Current Price By Sq Ft: 126.35
  • Year Built: 1938
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown
  • Laundry Location: Main, Kitchen
  • Room Count: 1
  • Main Level Sq Ft: 1108
  • Total Sq Ft: 1108

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Outbuilding

Garage/Parking

  • Driveway: Gravel
  • Parking: Detached Garage, Parking Space - 4+

Utilities

  • Heating: Central Air, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Jackson Park
  • Middle School: Kannapolis
  • High School: South Rowan

Lot Info

  • Lot Dimension: 74x151x73x152
  • Lot Features: Corner Lot, Paved Frontage
  • Lot Size Area: 0.260
  • Parcel Number: 151379
  • Zoning Specification: sfr

Tax Info

  • Tax Value: 76460.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2021
Closed on
Aug 19, 2021
Sold by
Lamb Craig and Lamb Casey
Bought by
Spence Sherri Lynn
Seller's Agent
Nancy McCauley
Realty ONE Group Select
Buyer's Agent
Matthew Crandall
Coldwell Banker Realty
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%
Current Estimated Value
$211,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,261
Avg. Annual Appreciation
11.61%
Original Mortgage
$112,000
Outstanding Balance
$103,152
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$110,061

Purchase Details

Closed on
Apr 21, 2005
Sold by
Brown Ethel S and Brown Donald Carlyle
Bought by
Lamb Craig Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,200
Interest Rate
5.79%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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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
Spence Sherri Lynn $140,000 None Available
Lamb Craig Stephen $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spence Sherri Lynn $112,000
Previous Owner Lamb Craig Stephen $50,400
Previous Owner Lamb Craig Stephen $58,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $140,000 -6.6% $126 / Sq Ft
07/18/2021 07/18/21 Pending -- -- --
07/03/2021 07/03/21 For Sale $149,900 -- $135 / 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
2024 $1,568 $129,568 $24,619 $104,949
2023 $1,568 $129,568 $24,619 $104,949
2022 $984 $76,460 $18,938 $57,522
2021 $984 $76,460 $18,938 $57,522
2020 $984 $76,460 $18,938 $57,522
2019 $984 $76,460 $18,938 $57,522
2018 $846 $66,443 $18,937 $47,506
2017 $846 $66,443 $18,937 $47,506
2016 $846 $66,443 $18,937 $47,506
2015 $859 $66,443 $18,937 $47,506
2014 $827 $66,161 $16,665 $49,496
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3754868

Canopy MLS (Canopy Realtor® Association)

APN: 151-379