$156,000
SOLD JAN 31, 2025

1003 Michigan St Kannapolis, NC 28083

2 Beds
2 Baths
1,126 Sq Ft
0.34 Acres

Recently Sold

$139 Per Sq Ft

29% Below List Price

66 Days on Market

Highlights

  • Solar Power System
  • 2 Car Detached Garage
  • Shed
  • Covered patio or porch
  • Laundry Room
  • 1-Story Property

About This Home

As of January 2025

INVESTORS WELCOME! NOW $219,900. HUGE PRICE REDUTION FOR QUICK SALE!!
This price-improved home in the Royal Oaks District is an excellent starter home or investment property. Featuring 2 bedrooms, 2 full bathrooms, and a 2-car metal garage with electricity, it’s perfect for car enthusiasts or a workshop. The large kitchen has ample cabinet space, great for meal prep, and the dining room is great for entertaining. A 3-year-old heat pump powered by natural gas provides efficient heating and cooling, while solar panels help reduce electricity costs. The home is connected to City of Kannapolis water and sewer services. Conveniently located near shopping, dining, and the Atrium Ballpark, this property offers both comfort and accessibility. The home is being sold as-is, presenting an excellent opportunity for buyers looking to add their own touches. Don’t miss out on this great deal!

Last Agent to Sell the Property

Lynnette Gearing

Lantern Realty & Development, LLC Brokerage Email: lynnettegearing.realtor@gmail.com License #306394

Lantern Realty & Development, LLC

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,263

Year Built

  • Built in 1937

Lot Details

  • Lot Dimensions are 75x197
  • Property is zoned RV, R-8A

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Metal Roof

Interior Spaces

  • 1,126 Sq Ft Home
  • 1-Story Property
  • Wired For Data
  • Self Contained Fireplace Unit Or Insert
  • Living Room with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Electric Range
  • Range Hood

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Covered patio or porch
  • Shed

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Royal Oaks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5622-17-7253-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,263

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1937
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 138.54
  • Geocode Confidence: High
  • Attribution Contact: lynnettegearing.realtor@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Interior Amenities: Attic Stairs Pulldown
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1126
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Range, Electric Water Heater, Exhaust Hood, Refrigerator with Ice Maker, Washer/Dryer
  • Above Grade Finished Sq Ft: 1126
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Electric, Insert, Living Room
  • Living Area: 1126
  • Bedroom Main: 2
  • Room Count: 8
  • Sq Ft Other: 18

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Aluminum
  • Other Structures: Auto Shop, Shed(s)
  • Patio And Porch Features: Awning(s), Covered, Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 504
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Detached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Utility Room, Inside
  • Cooling: Heat Pump
  • Utilities: Cable Connected, Electricity Connected, Gas, Solar, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Area: 0.34
  • Lot Size Units: Acres
  • Parcel Number: 5622-17-7253-0000
  • Zoning: R-8A
  • Plat Book Slide: 00005/00052
  • Plat Reference Section Pages: 5/52
  • Lot Size: 75x197
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RV

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Royal Oaks
  • High School: Concord

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $156,000 -29.1% $139 / Sq Ft
12/26/2024 12/26/24 For Sale $219,900 0.0% $195 / Sq Ft
12/18/2024 12/18/24 Pending -- -- --
11/20/2024 11/20/24 Price Changed $219,900 -8.0% $195 / Sq Ft
11/03/2024 11/03/24 Price Changed $239,000 -4.0% $212 / Sq Ft
10/12/2024 10/12/24 For Sale $249,000 -- $221 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,263 $199,300 $47,000 $152,300
2023 $1,551 $113,180 $28,000 $85,180
2022 $1,551 $113,180 $28,000 $85,180
2021 $1,551 $113,180 $28,000 $85,180
2020 $1,551 $113,180 $28,000 $85,180
2019 $1,020 $74,450 $19,200 $55,250
2018 $1,005 $74,450 $19,200 $55,250
2017 $990 $74,450 $19,200 $55,250
2016 $990 $81,050 $21,600 $59,450
2015 $1,021 $81,050 $21,600 $59,450
2014 $1,021 $81,050 $21,600 $59,450
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $189,000 New Conventional
Closed $189,000 New Conventional
Previous Owner $102,769 FHA
Previous Owner $47,700 New Conventional
Previous Owner $22,000 Credit Line Revolving
Previous Owner $74,000 Unknown
Previous Owner $73,150 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $156,000 None Listed On Document
Warranty Deed $156,000 None Listed On Document
Warranty Deed $53,000 None Available
Warranty Deed -- None Available
Warranty Deed $77,000 --
Source: Public Records

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4189186

Canopy MLS (Canopy Realtor® Association)

APN: 5622-17-7253-0000