NOT LISTED FOR SALE

8173 Smith Rd Kannapolis, NC 28081

Estimated Value: $346,000 - $485,000

3 Beds
1 Bath
2,933 Sq Ft
$150/Sq Ft Est. Value

Last Sold October 03, 2018

Last sale price $249,000 $85 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,411/month

27 Days on Market

Highlights

  • Wooded Lot
  • Ranch Style House
  • Wood Flooring

About This Home

As of October 2018

Great place to call home or so many possibilities for an investor to flip. This is a unique property. House needs some TLC but with a little work could be very nice in a secluded wooded setting overlooking a pond. The property also includes 702 ft road frontage on the side of property on Howard Ave which would be beautiful wooded building lots. Purchase this property and have a perfect house to flip and also have some land on Howard Ave that could be built on or sold as building lots. So many possibilities! Land has not been perked. There is a driveway from Smith Rd which can be used to view property but it does not convey with property. You would have to have a driveway from Howard Ave. Check with Rowan county for any restrictions. Per the heirs, a heat pump was recently installed upstairs. There is also baseboard heat. An oil stove heats the basement. Sold as is. Conv to the Kannapolis Parkway, NC Research Campus, Atrium Medical Center, and I-85.

Last Agent to Sell the Property

Janis Tucker

Tucker Real Estate Group Inc License #198841 Listed on: 07/19/2018

Co-Listed By

Brandon Farabee

Tucker Real Estate Group Inc License #255979

Last Buyer's Agent

Kaila Lindsey

EXP Realty LLC Ballantyne License #285764

EXP Realty LLC Ballantyne

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 8.35

Home Design

  • Ranch Style House

Flooring

  • Wood
  • Tile

Additional Features

  • 1 Full Bathroom
  • Wooded Lot
  • Well

Listing and Financial Details

  • Assessor Parcel Number 246A121

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.99640
  • Ratio Close Price By Original Li: 0.99640
  • Ratio Current Price By Acre: 29820.36
  • Ratio Current Price By Sq Ft: 84.90
  • Year Built: 1962
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: Cooktop Electric
  • Flooring: Carpet, Tile, Wood
  • Laundry Location: Basement
  • Room Count: 2
  • Sq Ft Basement: 1399
  • Main Level Sq Ft: 1534
  • Total Sq Ft: 2933
  • Sq Ft Unheated Main: 336
  • Sq Ft Unheated Total: 336

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Earth
  • Parking: Carport - 1 Car, Parking Space - 4+

Utilities

  • Heating: Central Air, Electric Baseboard Heat
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimension: 702x464x301x399x401x827
  • Lot Features: Lake, Wooded
  • Lot Size Area: 8.350
  • Parcel Number: 246A121
  • Zoning Specification: sfr

Tax Info

  • Tax Value: 206152.00
  • Tax Location: Salisbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2018
Closed on
Sep 25, 2018
Sold by
Brown Evelyn Ailman and Brown James S
Bought by
Braman Michael Anthony Joseph
Seller's Agent
Janis Tucker
Tucker Real Estate Group Inc
Buyer's Agent
Kaila Lindsey
EXP Realty LLC Ballantyne
List Price
$249,900
Sold Price
$249,000
Premium/Discount to List
-$900
-0.36%
Current Estimated Value
$441,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,133
Avg. Annual Appreciation
8.45%
Original Mortgage
$236,550
Outstanding Balance
$206,286
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$234,847
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
Braman Michael Anthony Joseph $249,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Braman Michael Anthony Joseph $236,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2018 10/03/18 Sold $249,000 -0.4% $85 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
07/19/2018 07/19/18 For Sale $249,900 -- $85 / 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 $956 $144,910 $133,020 $11,890
2024 $2,436 $369,119 $133,020 $236,099
2023 $2,436 $369,119 $133,020 $236,099
2022 $1,680 $227,780 $117,052 $110,728
2021 $1,680 $227,780 $117,052 $110,728
2020 $1,680 $227,780 $117,052 $110,728
2019 $1,680 $227,780 $117,052 $110,728
2018 $1,508 $206,152 $117,052 $89,100
2017 $1,108 $206,152 $117,052 $89,100
2016 $1,093 $206,152 $117,052 $89,100
2015 $1,111 $206,152 $117,052 $89,100
2014 $1,105 $210,201 $117,052 $93,149
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3415497

Canopy MLS (Canopy Realtor® Association)

APN: 246-A121