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501 Pearl Avenue

501 Pearl Avenue, Kannapolis, NC 28083
Property in Saint Joseph
Sold Jun 02, 2021
$110,000
$112,000 by State Employees Cu
Mortgage Due Jul 01, 2051
Sold Jan 31, 2020
$114,000
$110,580 by Wells Fargo Bank Na
Mortgage Due Feb 01, 2050
Local assessors in Kannapolis, NC have categorized 501 Pearl Avenue as a residential type of property. The home was built in 1900 and is 124 years old. It was most recently renovated and altered in 1980. The property's lot size has been calculated to be 9,450 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 630 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 501 Pearl Avenue has a total of 1,296 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 448 sqft. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with oil. 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, 501 Pearl Avenue was last sold in Jun 2, 2021 for $110,000. According to our calculations, that's $84.88 per sqft. Prior to that sales transaction, the property was sold for $114,000 in Jan 31, 2020. Current property owners are expected to pay $1,435 in taxes per year. The property on 501 Pearl Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $104,720. To break that down further, the land itself was valued at $28,000. While improvements to the property were assessed at a total of $76,720. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1900
  • Effective Year Built: 1980
  • Bedroom Count: 3
  • 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
  • Garage Type: Carport
  • Garage Square Area: 448
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,450
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 630
  • Total Building Area: 1,296
  • Gross Building Area: 1,392
  • Building Area: 1,296
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,296
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HILL CREST
  • Land Acres: 0.216
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LTS 31-32 & P/O 33 HILL CREST

Ownership

  • Current Owner : WAGNER ALLEN M
  • Current Owner 2: WAGNER BLAIR A
  • Previous Owner : ANDERSON DANIEL GLEN
  • Previous Owner 2: ANDERSON DONNA S
  • Owner Before Previous Owner: MCCOMBS JAMES D
  • Owner Before Previous Owner 2: MCCOMBS JAN S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Kannapolis City Schools
  • School Tax School District: 04-ALLEN
  • Census Tract: 040705

Zoning

  • Zoning: RM-2

Geography

  • Account Number: 136039
  • District: 04
  • Parcel: 5624 10 5861
  • Lot: 31-32
  • Municipality: KANNAPOLIS
  • Latitude: 35.5001
  • Longitude: -80.6075

    Address

  • Full Address: 501 Pearl Ave
  • Address - House Number: 501
  • Address - Street Name: Pearl
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Kannapolis
  • Carrier Code: C011
  • 4-Digit Zip Code: 3854
  • Zip Code: 28083

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,435
  • Tax Rate Code Area: CI04

    Appraisal Valuation

  • Standard Deviation: 0.216
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 70
  • Final Value: 210,641
  • High Value: 256,143
  • Low Value: 165,139

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $112,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: Jun 02, 2021
  • First Open Lien Mortgage Loan Amount: $112,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $104,720
  • Market Land Value: $28,000
  • Market Improvement Value: $76,720

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $104,720
  • Assessed Land Value: $28,000
  • Assessed Improvements Value: $76,720

    Sales

  • Current Sale Contract Date: Jun 02, 2021
  • Current Sale Recording Date: Jun 02, 2021
  • Current Sale Transaction ID: 11838033699
  • Current Sale Price: $110,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 31, 2020
  • Previous Sale Contract Date: Jan 31, 2020
  • Previous Sale Amount: $114,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CU
  • First Mortgage Transaction Date: Jun 02, 2021
  • First Mortgage Loan Amount: $112,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jan 31, 2020
  • Previous Mortgage Loan Amount: $110,580
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2050

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Frequently Asked Questions

What neighborhood is 501 Pearl Avenue located in?
The 501 Pearl Avenue is a located in the neighborhood of Saint Joseph in Saint Joseph, Kannapolis.
What is the average sales price for listings in 501 Pearl Avenue?
The average sales price for units in 501 Pearl Avenue is $0 currently.

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