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2605 Pennsylvania Avenue

2605 Pennsylvania Avenue, Kannapolis, NC 28083
Property in Cabarrus
Sold Sep 02, 2021
$120,000
2605 Pennsylvania Avenue has been categorized by the local assessors in Kannapolis, NC as a residential type of property. The building on the property was first built in 1942 and is 82 years old. However, we must point out that the home was most recently renovated and altered in 1995. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2605 Pennsylvania Avenue has 970 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,500 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a offsite garage for those who require parking. The garage measured 280 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of asbestos shingle. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2605 Pennsylvania Avenue was last sold in Aug 31, 2021 for $120,000. According to our calculations, that's $123.71 per sqft. Current property owners are expected to pay $1,702 in taxes per year. The property on 2605 Pennsylvania Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $107,170. To break that down further, the land itself was valued at $28,000. While improvements to the property were assessed at a total of $79,170. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1995
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Exterior Walls Type: Asbestos shingle
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Vinyl
  • Basement Area: 0
  • Parking Type: Built-in
  • Garage Type: Offsite
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 970
  • Gross Building Area: 1,220
  • Building Area: 970
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 970
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROYAL OAKS
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2605 PENNSYLVANIA AVE

Ownership

  • Current Owner : JMS HOME BUYERS LLC
  • Previous Owner : BASHAM MARK
  • Previous Owner 2: BASHAM FRANKIE
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Cabarrus County Schools
  • School Tax School District: 04-ALLEN
  • Census Tract: 040703

Zoning

  • Zoning: RV

Geography

  • Account Number: 472500
  • District: 04
  • Parcel: 5622 15 5915
  • Municipality: KANNAPOLIS
  • Latitude: 35.4593
  • Longitude: -80.607

    Address

  • Full Address: 2605 Pennsylvania Ave
  • Address - House Number: 2605
  • Address - Street Name: Pennsylvania
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Kannapolis
  • Carrier Code: C019
  • 4-Digit Zip Code: 7224
  • Zip Code: 28083

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,702
  • Tax Rate Code Area: CI04

    Appraisal Valuation

  • Standard Deviation: 0.0893
  • Valuation Date: Oct 26, 2022
  • Confidence Score: 92
  • Final Value: 163,666
  • High Value: 178,291
  • Low Value: 149,042

    Market Valuation

  • Market Total Value: $107,170
  • Market Land Value: $28,000
  • Market Improvement Value: $79,170

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $107,170
  • Assessed Land Value: $28,000
  • Assessed Improvements Value: $79,170

    Sales

  • Current Sale Contract Date: Aug 31, 2021
  • Current Sale Recording Date: Sep 02, 2021
  • Current Sale Transaction ID: 11854640325
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ICONIC MELODY REVOCABLE TRUST
  • First Mortgage Transaction Date: Sep 02, 2021
  • First Mortgage Loan Amount: $115,000
  • First Mortgage Terms: 4
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Feb 28, 2022

About Kannapolis



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Frequently Asked Questions

What neighborhood is 2605 Pennsylvania Avenue located in?
The 2605 Pennsylvania Avenue is a located in the neighborhood of Cabarrus in Kannapolis, Kannapolis.
What is the average sales price for listings in 2605 Pennsylvania Avenue?
The average sales price for units in 2605 Pennsylvania Avenue is $0 currently.

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