$225,000
SOLD JUL 10, 2025

905 Mount Olivet Rd Kannapolis, NC 28083

3 Beds
1 Bath
978 Sq Ft
0.26 Acres

Recently Sold

$230 Per Sq Ft

21 Days on Market

Highlights

  • Ranch Style House
  • Gazebo
  • Patio
  • Wood Flooring
  • 1 Car Attached Garage
  • Laundry Room

About This Home

As of July 2025

Great Opportunity for single family home w/ attached rental studio OR build your investment portfolio! Home is in a fantastic location just minutes from the local shops, restaurants and schools of Downtown Kannapolis plus quick access to I-85 for commutes into Charlotte. Inside you'll find hardwood floors throughout main living spaces. Bright living room leads to dining area which is attached to kitchen. 3 bedrooms and a full hall bath in the main living space perfect for a home office option or guest rooms! Attached studio space provides a great small suite or rental with an open combo living/bedroom area, full bath, and kitchenette space. Out back find a spacious patio and relaxing gazebo plus serene koi pond perfect for enjoying evening time outdoors.

Last Agent to Sell the Property

Thomas Elrod

Keller Williams Ballantyne Area Brokerage Email: listings@hprea.com License #268537 Listed on: 05/13/2025

Keller Williams Ballantyne Area

Co-Listed By

Alvaro Aguilar

Keller Williams Ballantyne Area Brokerage Email: listings@hprea.com License #134257

Last Buyer's Agent

RUBEN VILLEDA

RCL Real Estate Services Inc License #67120

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,169

Year Built

  • Built in 1950

Lot Details

  • Level Lot
  • Property is zoned RV

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • Insulated Windows
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Wood
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Gazebo
  • Shed

Schools

  • Royal Oaks Elementary School
  • Concord Middle School
  • Concord High School

Community Details

  • Royal Oaks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5622-14-7952-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,169

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1950
  • Second Living Quarters: Interior Connected,Room w/ Private Bath
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • Ratio CurrentPrice/TotalPropertyHLA: 230.06
  • Geocode Confidence: High
  • Attribution Contact: listings@hprea.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Linoleum, Vinyl, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 978
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 377
  • Sq Ft Unheated Total: 377
  • Sq Ft Upper: 0
  • Appliances: Electric Oven, Electric Range
  • Above Grade Finished Sq Ft: 978
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 978
  • Window Features: Insulated Window(s)
  • Bedroom Main: 3
  • Room Count: 8

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Vinyl
  • Other Structures: Gazebo, Shed(s)
  • Patio And Porch Features: Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 238
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Faces Front

Utilities

  • Heating: Other - See Remarks
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Other - See Remarks
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: Concord
  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.26
  • Lot Size Units: Acres
  • Parcel Number: 5622-14-7952-0000
  • Additional Parcels: No
  • Zoning Specification: RV

MLS Schools

  • Elementary School: Royal Oaks
  • High School: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2025
Closed on
Jul 9, 2025
Sold by
Fortunato Teofilo and Custodio Maira Ivelisse
Bought by
Buruca Jose Roberto
Seller's Agent
Thomas Elrod
Keller Williams Ballantyne Area
Buyer's Agent
RUBEN VILLEDA
RCL Real Estate Services Inc
List Price
$225,000
Sold Price
$225,000
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-74.69%
Original Mortgage
$180,000
Outstanding Balance
$180,000
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$30,063

Purchase Details

Closed on
Feb 24, 2025
Sold by
Fortunato Natanael and Fortunato Maribel
Bought by
Fortunato Teofilo

Purchase Details

Closed on
Apr 30, 2024
Sold by
Fortunato Teofilo
Bought by
Fortunato Teofilo and Fortunato Natanael

Purchase Details

Closed on
Mar 19, 2023
Sold by
Fondeur Fanny Eunice
Bought by
Fortunato Teofilo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.42%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 19, 2022
Sold by
Teofilo Fortunato
Bought by
Fondeur Fanny

Purchase Details

Closed on
Dec 6, 2021
Sold by
Baez Fortunato and Baez Maira
Bought by
Fortunato Teofilo

Purchase Details

Listed on
May 7, 2019
Closed on
Jun 4, 2019
Sold by
Yates Peggy Gardner
Bought by
Tcofilo Fortunato and Bacz Custodio Maira I
Seller's Agent
Gwen Chubirko
Genesis Realty Company
Buyer's Agent
Sharon Cox
SSC REALTY LLC
List Price
$99,900
Sold Price
$101,000
Premium/Discount to List
$1,100
1.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.64%
Original Mortgage
$97,970
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1990
Bought by
Yates Peggy Gardner

Purchase Details

Closed on
Aug 1, 1985
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $225,000 None Listed On Document
Warranty Deed $225,000 None Listed On Document
Special Warranty Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Special Warranty Deed -- --
Quit Claim Deed -- None Listed On Document
Special Warranty Deed -- Ham Edwin C
Warranty Deed $101,000 None Available
Warranty Deed $54,000 --
Warranty Deed $50,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $180,000 New Conventional
Closed $180,000 New Conventional
Previous Owner $10,000 Credit Line Revolving
Previous Owner $97,970 New Conventional
Previous Owner $84,000 New Conventional
Previous Owner $74,600 New Conventional
Previous Owner $20,399 Unknown
Previous Owner $50,000 New Conventional
Previous Owner $24,700 Fannie Mae Freddie Mac
Previous Owner $10,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Sold $225,000 0.0% $230 / Sq Ft
05/13/2025 05/13/25 For Sale $225,000 +122.8% $230 / Sq Ft
06/05/2019 06/05/19 Sold $101,000 +1.1% $115 / Sq Ft
05/14/2019 05/14/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $99,900 -- $114 / 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 $2,169 $191,040 $47,000 $144,040
2023 $1,491 $108,860 $28,000 $80,860
2022 $1,491 $108,860 $28,000 $80,860
2021 $1,491 $108,860 $28,000 $80,860
2020 $1,491 $108,860 $28,000 $80,860
2019 $1,120 $81,750 $16,000 $65,750
2018 $1,104 $81,750 $16,000 $65,750
2017 $1,087 $81,750 $16,000 $65,750
2016 $1,087 $90,780 $18,000 $72,780
2015 $1,105 $90,780 $18,000 $72,780
2014 $1,105 $90,780 $18,000 $72,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4245105

Canopy MLS (Canopy Realtor® Association)

APN: 5622-14-7952-0000