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2703 Pennsylvania Avenue

2703 Pennsylvania Avenue, Kannapolis, NC 28083
House in Cabarrus
Sold Jan 22, 2020
$190,000
$183,658 by Fairway Independent Mortgage C
Mortgage Due Feb 01, 2050
Sold Aug 26, 2019
$80,000
$95,000 by Mcu Financial Center Cu
Mortgage Due Feb 26, 2020
2703 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 1950 and is 74 years old. However, we must point out that the home was most recently renovated and altered in 2010. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2703 Pennsylvania Avenue has 1,532 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 1,530 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 12,240 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 288 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 alum/vinyl siding. While the interior walls have been made of decorative/custom materials. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 2703 Pennsylvania Avenue sold most recently in Jan 21, 2020 for a total of $190,000. If you work out the math, that's approximately a cost of $124.02 per sqft. Before that, the property was also sold for $80,000 in Aug 26, 2019. 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 $2,483 in taxes each year. 2703 Pennsylvania Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $181,250. If we break it down further, the land itself was valued at $28,000. Improvements to the property, however, were assessed at a total of $153,250. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

Vinyl Siding

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2010
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Decorative/custom materials
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Offsite
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 12,240
  • Lot Size Depth Feet: 1,530
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,532
  • Gross Building Area: 1,861
  • Building Area: 1,532
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,532
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROYAL OAKS
  • Land Acres: 0.281
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LTS 4-6 & P/O LT 3 ROYAL OAKS BLK 2

Ownership

  • Current Owner : SANTOS DELANO XAVIER
  • Current Owner 2: SANTOS CHRISTINA MICHELLE
  • Previous Owner : KADA ENDEAVOR ENTERPRISES LLC
  • Owner Before Previous Owner: HOLLIS LEGGETT BETTY G
  • Owner Before Previous Owner 2: LEGGETT TIMOTHY TODD
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

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

Zoning

  • Zoning: RV

Geography

  • Account Number: 135832
  • District: 04
  • Parcel: 5622 15 5630
  • Block: 2
  • Lot: 3-6
  • Municipality: KANNAPOLIS
  • Latitude: 35.4583
  • Longitude: -80.6068

    Address

  • Full Address: 2703 Pennsylvania Ave
  • Address - House Number: 2703
  • Address - Street Name: Pennsylvania
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Kannapolis
  • Carrier Code: C019
  • 4-Digit Zip Code: 7226
  • Zip Code: 28083

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,483
  • Tax Rate Code Area: CI04

    Appraisal Valuation

  • Standard Deviation: 0.2189
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 69
  • Final Value: 312,959
  • High Value: 381,469
  • Low Value: 244,449

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $235,982
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jan 22, 2020
  • First Open Lien Mortgage Loan Amount: $183,658
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2050
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Oct 17, 2023
  • Second Open Lien Mortgage Loan Amount: $52,324
  • Second Open Lien Mortgage Term: 477
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2063

    Market Valuation

  • Market Total Value: $181,250
  • Market Land Value: $28,000
  • Market Improvement Value: $153,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $181,250
  • Assessed Land Value: $28,000
  • Assessed Improvements Value: $153,250

    Sales

  • Current Sale Contract Date: Jan 21, 2020
  • Current Sale Recording Date: Jan 22, 2020
  • Current Sale Transaction ID: 11719932046
  • Current Sale Price: $190,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 26, 2019
  • Previous Sale Contract Date: Aug 26, 2019
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jan 22, 2020
  • First Mortgage Loan Amount: $183,658
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MCU FINANCIAL CENTER CU
  • Previous Mortgage Transaction Date: Aug 26, 2019
  • Previous Mortgage Loan Amount: $95,000
  • Previous Mortgage Term: 5
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Feb 26, 2020

About Kannapolis



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Frequently Asked Questions

What neighborhood is 2703 Pennsylvania Avenue located in?
The 2703 Pennsylvania Avenue is a house located in the neighborhood of Cabarrus in Kannapolis, Kannapolis.
What is the average sales price for listings in 2703 Pennsylvania Avenue?
The average sales price for units in 2703 Pennsylvania Avenue is $190,000 , or $123/sqft. currently.

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