NOT LISTED FOR SALE

516 Annex Ave Kannapolis, NC 28083

Estimated Value: $254,000 - $349,678

4 Beds
3 Baths
2,422 Sq Ft
$122/Sq Ft Est. Value

Last Sold October 30, 2024

Last sale price $255,000 $105 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,998/month

24 Days on Market

Highlights

  • Cul-De-Sac
  • 2 Car Attached Garage
  • Tile Flooring
  • Jackson Park Elementary School Rated 9+
  • Laundry Room
  • 1-Story Property

About This Home

As of October 2024

WEAR MASK WHEN SHOWING HOME or Show at own RISK! Price to reflect selling As-Is. Beautiful ranch home with a walk out basement in a cul-da-sac. This remolded home offers an open floor plan for entertaining, large room sizes and a fully finished basement. (Pictures reflected prior to the Mold and water intrusion).Quote for repair work that was provided to the seller for the demo and the drain system / wall liner repair to be provided upon request.

Last Listed By

Jessica Estes

Southern Homes of the Carolinas, Inc Brokerage Email: jessicaestesrealtor@gmail.com License #302893 Listed on: 09/01/2024

Southern Homes of the Carolinas, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,240

Year Built

  • Built in 1969

Lot Details

  • Cul-De-Sac
  • Property is zoned RM-2

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Utilities

  • Central Heating and Cooling System

Community Details

  • Jackson Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5624-80-5122-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,240

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1969
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 105.28
  • Geocode Confidence: High
  • Attribution Contact: jessicaestesrealtor@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Flooring: Tile, Vinyl
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1211
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Exhaust Hood, Refrigerator
  • Above Grade Finished Sq Ft: 1211
  • Has Basement: Finished, Sump Pump, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1211
  • Living Area: 2422
  • Bedroom Main: 3
  • Room Count: 12
  • Bedroom Basement: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached Garage

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: In Basement
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Area: 0.46
  • Lot Size Units: Acres
  • Parcel Number: 5624-80-5122-0000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RM-2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2024
Closed on
Oct 30, 2024
Sold by
Nguyen Toan
Bought by
Rodriguez Alex Yunior
Seller's Agent
Jessica Estes
Southern Homes of the Carolinas, Inc
Buyer's Agent
Rebecca Crippen
Coldwell Banker Realty
List Price
$260,000
Sold Price
$255,000
Premium/Discount to List
-$5,000
-1.92%
Total Days on Market
24
Views
186
Current Estimated Value
$294,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,670
Avg. Annual Appreciation
18.58%
Original Mortgage
$247,350
Outstanding Balance
$246,620
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$30,588

Purchase Details

Closed on
Nov 30, 2020
Sold by
Investors Llc
Bought by
Nguyen Toan

Purchase Details

Closed on
Nov 13, 2020
Sold by
Petrea Cynthia F and Kerr Pamela F
Bought by
Aj & W Homes

Purchase Details

Closed on
Sep 26, 2002
Sold by
Fletcher Beulah R
Bought by
Fletcher Gregory B and Kerr Pamela F

Purchase Details

Closed on
Sep 19, 2002
Sold by
Fletcher Beulah R
Bought by
Fletcher Gregory B and Kerr Pamela F

Purchase Details

Closed on
Sep 1, 1969
Bought by
Fletcher Beulah R

Range of Values:

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Average Value
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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
Rodriguez Alex Yunior $255,000 None Listed On Document
Nguyen Toan $131,000 Tiago National Title Llc
Investcar Llc $110,000 Tiago National Title Llc
Aj & W Homes $75,000 None Available
Fletcher Gregory B -- --
Fletcher Gregory B -- --
Fletcher Beulah R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Alex Yunior $247,350
Closed Rodriguez Alex Yunior $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2024 10/30/24 Sold $255,000 -1.9% $105 / Sq Ft
09/01/2024 09/01/24 For Sale $260,000 0.0% $107 / Sq Ft
03/02/2023 03/02/23 Rented $2,300 0.0% --
02/09/2023 02/09/23 Price Changed $2,300 -1.9% $1 / Sq Ft
12/13/2022 12/13/22 Price Changed $2,345 -2.3% $1 / Sq Ft
11/25/2022 11/25/22 For Rent $2,400 -- --
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 $4,240 $373,380 $44,000 $329,380
2023 $1,915 $225,870 $26,000 $199,870
2022 $1,915 $139,790 $26,000 $113,790
2021 $1,915 $139,790 $26,000 $113,790
2020 $1,915 $139,790 $26,000 $113,790
2019 $1,550 $113,170 $22,500 $90,670
2018 $1,528 $113,170 $22,500 $90,670
2017 $1,505 $113,170 $22,500 $90,670
2016 $1,505 $111,970 $27,000 $84,970
2015 $1,411 $111,970 $27,000 $84,970
2014 $1,411 $111,970 $27,000 $84,970
Source: Public Records

Agents Affiliated with this Home

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4174473

Canopy MLS (Canopy Realtor® Association)

APN: 5624-80-5122-0000