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116 Hemlock Avenue

116 Hemlock Avenue, Kannapolis, NC 28081
Property in Cabarrus
Sold Nov 05, 2021
$110,000
Sold May 17, 1996
$45,000
116 Hemlock Avenue in Kannapolis, NC was first built in 1916 and is 108 years old. Although, the building on the property was most recently renovated and altered in 1985. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 116 Hemlock Avenue has 895 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,470. In total, the area measurement of the land is 7,350 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of composition shingle. For those who need parking, there is a offsite garage. The garage is 360 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 116 Hemlock Avenue sold most recently in Nov 4, 2021 for a total of $110,000. If you work out the math, that's approximately a cost of $122.91 per sqft. Before that, the property was also sold for $45,000 in May 1, 1996. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,053 in taxes each year. 116 Hemlock Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $76,840. If we break it down further, the land itself was valued at $12,800. Improvements to the property, however, were assessed at a total of $64,040. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Aluminum Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1916
  • Effective Year Built: 1985
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Type: Built-in
  • Garage Type: Offsite
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,350
  • Lot Size Depth Feet: 1,470
  • Lot Size Frontage Feet: 500
  • Total Building Area: 895
  • Gross Building Area: 1,019
  • Building Area: 895
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 895
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.168
  • Standard Land Use Code: Single family residential
  • Legal Description 1: W/S HEMLOCK AVE LOT 3

Ownership

  • Current Owner : GWINNETT HOLDINGS LLC
  • Previous Owner : SUMMERS SANDRA T
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Kannapolis City Schools
  • School Tax School District: 04-ALLEN
  • Census Tract: 041000

Zoning

  • Zoning: RV

Geography

  • Account Number: 6791250
  • District: 04
  • Parcel: 5614 30 5994
  • Lot: 3
  • Municipality: KANNAPOLIS
  • Latitude: 35.5001
  • Longitude: -80.6342

    Address

  • Full Address: 116 Hemlock Ave
  • Address - House Number: 116
  • Address - Street Name: Hemlock
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Kannapolis
  • Carrier Code: C007
  • 4-Digit Zip Code: 4238
  • Zip Code: 28081

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,053
  • Tax Rate Code Area: CI04

    Appraisal Valuation

  • Standard Deviation: 0.1891
  • Valuation Date: Dec 28, 2022
  • Confidence Score: 75
  • Final Value: 176,707
  • High Value: 210,130
  • Low Value: 143,284

    Market Valuation

  • Market Total Value: $76,840
  • Market Land Value: $12,800
  • Market Improvement Value: $64,040

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $76,840
  • Assessed Land Value: $12,800
  • Assessed Improvements Value: $64,040

    Sales

  • Current Sale Contract Date: Nov 04, 2021
  • Current Sale Recording Date: Nov 05, 2021
  • Current Sale Transaction ID: 11864498741
  • Current Sale Price: $110,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 17, 1996
  • Previous Sale Contract Date: May 01, 1996
  • Previous Sale Amount: $45,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BELL ROCK INCOME FUND I LLC
  • First Mortgage Transaction Date: Nov 05, 2021
  • First Mortgage Loan Amount: $99,000
  • First Mortgage Terms: 5
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: May 05, 2022

About Kannapolis



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Frequently Asked Questions

What neighborhood is 116 Hemlock Avenue located in?
The 116 Hemlock Avenue is a located in the neighborhood of Cabarrus in Kannapolis, Kannapolis.
What is the average sales price for listings in 116 Hemlock Avenue?
The average sales price for units in 116 Hemlock Avenue is $0 currently.

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