NOT LISTED FOR SALE

831 Richard Ave Unit 2 Kannapolis, NC 28081

Estimated Value: $196,000 - $226,368

2 Beds
2 Baths
864 Sq Ft
$246/Sq Ft Est. Value

Last Sold April 28, 2021

Last sale price $155,000 $179 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,319/month

3 Days on Market

Highlights

  • Wood Flooring
  • Separate Outdoor Workshop
  • Level Lot
  • Cottage
  • Many Trees

About This Home

As of April 2021

This lovely updated cottage is a must see! Every room has been renovated; Two bedrooms plus TWO FULL bathrooms; Extra nice finishes: tiled tub/shower surround; New solid oak hardwood floors in living room & both bedrooms; granite countertops, tiled back splash, custom cutting board, stainless steel appliances; washer/dryer remain; NEW HVAC; All new light fixtures, sinks, faucets, bathroom vanities, toilets, completely fenced, level, back yard; both storage shed & 12 x 20 workshop (the original garage) have electricity; Single car carport; Cozy tiled back patio; covered front porch ready for a swing! New plants include Nandina, Holly, daffodils, irises, pampas grass & monkey grass.Only a mile from renovated downtown Kannapolis with the Atrium Health Stadium home of the Kannapolis Cannon Ballers minor league baseball, Old Armour Brewery, restaurants, shops, NC Research Campus, parks, and walking trails.. You will not be disappointed. COME SEE for your self.

Last Agent to Sell the Property

Renee Scheidt

Bentley Realty License #243773 Listed on: 03/18/2021

Last Buyer's Agent

Wendy Choquette

Mattamy Carolina Corporation License #256008

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1936

Lot Details

  • Level Lot
  • Many Trees

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Insulated Windows
  • Crawl Space

Flooring

  • Wood
  • Tile
  • Vinyl

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5613-44-0458-0000

Home Details

Home Type

Single Family

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.91231
  • Ratio Close Price By Original Li: 0.89081
  • Ratio Current Price By Acre: 911764.71
  • Ratio Current Price By Sq Ft: 179.40
  • Year Built: 1936
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows
  • Equipment: Dishwasher, Dryer, Electric Dryer Hookup, Electric Range, Microwave, Network Ready, Self Cleaning Oven, Washer
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Attic Other, Built-Ins, Cable Available
  • Laundry Location: Main
  • Room Count: 1
  • Sq Ft Additional: 84
  • Main Level Sq Ft: 864
  • Total Sq Ft: 864

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Shed(s), Workshop

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 1 Car, Parking Space - 3

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Shady Brook
  • Middle School: Kannapolis
  • High School: A.L. Brown

Lot Info

  • Lot Dimension: 50 x 147.3
  • Lot Features: Level, Trees
  • Lot Size Area: 0.170
  • Parcel Number: 5613-44-0458-0000
  • Zoning Specification: RV

Tax Info

  • Tax Value: 86860.00
  • Tax Location: Kannapls/cab

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
Apr 27, 2021
Sold by
Scheidt Renee Coates
Bought by
Morgan Rebekah
Seller's Agent
Renee Scheidt
Bentley Realty
Buyer's Agent
Wendy Choquette
Mattamy Carolina Corporation
List Price
$169,899
Sold Price
$155,000
Premium/Discount to List
-$14,899
-8.77%
Total Days on Market
3
Current Estimated Value
$210,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,154
Avg. Annual Appreciation
5.89%
Original Mortgage
$143,000
Outstanding Balance
$122,281
Interest Rate
3%
Mortgage Type
Stand Alone Second
Estimated Equity
$75,956

Purchase Details

Closed on
May 31, 2007
Sold by
Stofford Walter L and Stofford April S
Bought by
Scheidt Renee Coates

Purchase Details

Closed on
Feb 14, 2007
Sold by
Hendrick Lonnie R and Hendrick Carol Kirk
Bought by
Stofford Walter L and Stofford April S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 1996
Bought by
Hendrick Lonnie Ray
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
Morgan Rebekah $155,000 None Available
Scheidt Renee Coates $70,000 None Available
Stofford Walter L $32,500 None Available
Hendrick Lonnie Ray $29,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Rebekah $143,000
Previous Owner Stofford Walter L $39,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2021 04/28/21 Sold $155,000 -8.8% $179 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $169,899 0.0% $197 / Sq Ft
03/16/2021 03/16/21 Price Changed $169,899 -- $197 / 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 $2,079 $183,110 $53,000 $130,110
2023 $1,190 $86,860 $33,000 $53,860
2022 $1,190 $86,860 $33,000 $53,860
2021 $1,190 $86,860 $33,000 $53,860
2020 $1,190 $86,860 $33,000 $53,860
2019 $826 $60,300 $15,200 $45,100
2018 $814 $60,300 $15,200 $45,100
2017 $802 $60,300 $15,200 $45,100
2016 $802 $63,730 $16,000 $47,730
2015 $803 $63,730 $16,000 $47,730
2014 $803 $63,730 $16,000 $47,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3711650

Canopy MLS (Canopy Realtor® Association)

APN: 5613-44-0458-0000