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505 Walter Street

505 Walter Street, Kannapolis, NC 28083
Sold Jun 24, 2019
$139,000
$135,581 by Nationstar Mortgage Llc
Mortgage Due May 01, 2051
Sold Feb 05, 2019
$60,500
$88,600 by Lendinghome Funding Corp
Mortgage
505 Walter Street 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 1928 and is 96 years old. However, we must point out that the home was most recently renovated and altered in 2000. The home has a total of 3 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, 505 Walter Street has 1,204 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 1,510 ft and across the front of the lot is 670 ft. The area measurement of the land has been determined as 10,117 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 324 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 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 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, 505 Walter Street was last sold in Jun 21, 2019 for $139,000. According to our calculations, that's $115.45 per sqft. Prior to that sales transaction, the property was sold for $60,500 in Feb 5, 2019. Current property owners are expected to pay $1,830 in taxes per year. The property on 505 Walter Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $133,580. To break that down further, the land itself was valued at $34,000. While improvements to the property were assessed at a total of $99,580. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Aluminum Siding
Block Exterior
Vinyl Siding
Wood Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 2000
  • 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: Offsite
  • Garage Square Area: 324
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,117
  • Lot Size Depth Feet: 1,510
  • Lot Size Frontage Feet: 670
  • Total Building Area: 1,204
  • Gross Building Area: 1,420
  • Building Area: 1,204
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,204
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CENTERVIEW SUBDIVISION
  • Land Acres: 0.232
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LTS 12-13 & P/O 11 CENTERVIEW BLK 4

Ownership

  • Current Owner : AYALA MADELEINE
  • Current Owner 2: RIVERA BYRON
  • Previous Owner : HUNTER & SON PROPERTIES LLC
  • Owner Before Previous Owner: JORDAN ROY L
  • Owner Before Previous Owner 2: JORDAN ODESSA F
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag Date: Sep 05, 2023

Neighborhood

  • School District Name: Kannapolis City Schools
  • School Tax School District: 04-ALLEN
  • Census Tract: 040800

Zoning

  • Zoning: RV

Geography

  • Account Number: 131126
  • District: 04
  • Parcel: 5613 87 2407
  • Block: 4
  • Lot: 12-13
  • Municipality: KANNAPOLIS
  • Latitude: 35.4908
  • Longitude: -80.6188

    Address

  • Full Address: 505 Walter St
  • Address - House Number: 505
  • Address - Street Name: Walter
  • Address - Suffix Type: St
  • State: NC
  • City Name: Kannapolis
  • Carrier Code: C008
  • 4-Digit Zip Code: 4561
  • Zip Code: 28083

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,830
  • Tax Rate Code Area: CI04

    Appraisal Valuation

  • Standard Deviation: 0.2264
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 68
  • Final Value: 250,828
  • High Value: 307,634
  • Low Value: 194,022

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $135,581
  • First Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 16, 2021
  • First Open Lien Mortgage Loan Amount: $135,581
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $133,580
  • Market Land Value: $34,000
  • Market Improvement Value: $99,580

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,580
  • Assessed Land Value: $34,000
  • Assessed Improvements Value: $99,580

    Sales

  • Current Sale Contract Date: Jun 21, 2019
  • Current Sale Recording Date: Jun 24, 2019
  • Current Sale Transaction ID: 11620760162
  • Current Sale Price: $139,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 05, 2019
  • Previous Sale Contract Date: Feb 05, 2019
  • Previous Sale Amount: $60,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Mortgage Transaction Date: Jun 24, 2019
  • First Mortgage Loan Amount: $136,482
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: LENDINGHOME FUNDING CORP
  • Previous Mortgage Transaction Date: Feb 05, 2019
  • Previous Mortgage Loan Amount: $88,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 505 Walter Street located in?
The 505 Walter Street is a house located in the neighborhood of Old Centergrove in Old Centergrove, Kannapolis.
What is the average sales price for listings in 505 Walter Street?
The average sales price for units in 505 Walter Street is $0 currently.

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