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615 North Walnut Street

615 North Walnut Street, Kannapolis, NC 28081
Property in Rowan
Sold May 30, 2017
$77,000
$75,605 by Allen Tate Mortgage Partners L
Mortgage Due Jun 01, 2047
615 North Walnut Street in Kannapolis, NC was first built in 1917 and is 107 years old. Although, the building on the property was most recently renovated and altered in 2005. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 615 North Walnut Street has 1,336 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 730 ft and the linear feet between the front and back of the lot is 1,560. In total, the area measurement of the land is 11,388 square feet.

Learn more about the property and building on this page. 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. Walk into the home itself and you'll find that it is currently being cooled with a packaged air conditioning unit. As for heating, the home is utilizing a heating system. 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, 615 North Walnut Street sold most recently in May 30, 2017 for a total of $77,000. If you work out the math, that's approximately a cost of $57.63 per sqft. 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 $2,078 in taxes each year. 615 North Walnut Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $171,742. If we break it down further, the land itself was valued at $28,500. Improvements to the property, however, were assessed at a total of $143,242. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C+
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,388
  • Lot Size Depth Feet: 1,560
  • Lot Size Frontage Feet: 730
  • Total Building Area: 1,336
  • Building Area: 1,336
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,336
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAMMON HOLDING CORPORATION
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L26 BB

Ownership

  • Current Owner : SHANKS MARCUS J
  • Previous Owner : SHORE BRENDA G
  • Previous Owner 2: SECHLER LOIS G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Kannapolis City Schools
  • School Tax School District: CITY OF KANNAPO
  • Census Tract: 051501

Zoning

  • Zoning: R4:SINGLE

Geography

  • District: 13
  • Parcel: 149 195
  • Municipality: CITY OF KANNAPOLIS
  • Latitude: 35.5072
  • Longitude: -80.6209

    Address

  • Full Address: 615 N Walnut St
  • Address - House Number: 615
  • Street Direction: N
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: NC
  • City Name: Kannapolis
  • Carrier Code: C012
  • 4-Digit Zip Code: 2183
  • Zip Code: 28081

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,078
  • Tax Rate Code Area: 121:KANNAP

    Appraisal Valuation

  • Standard Deviation: 0.3541
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 29
  • Final Value: 98,238
  • High Value: 133,025
  • Low Value: 63,450

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $83,546
  • First Open Lien Mortgage Lender: ALLEN TATE MORTGAGE PARTNERS L
  • First Open Lien Mortgage Recording Date: May 30, 2017
  • First Open Lien Mortgage Loan Amount: $75,605
  • 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: Jun 01, 2047
  • Second Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • Second Open Lien Mortgage Recording Date: Jun 11, 2021
  • Second Open Lien Mortgage Loan Amount: $7,941
  • Second Open Lien Mortgage Term: 311
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2047

    Market Valuation

  • Market Total Value: $171,742
  • Market Land Value: $28,500
  • Market Improvement Value: $143,242

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $171,742
  • Assessed Land Value: $28,500
  • Assessed Improvements Value: $143,242

    Sales

  • Current Sale Contract Date: May 30, 2017
  • Current Sale Recording Date: May 30, 2017
  • Current Sale Transaction ID: 1588768757
  • Current Sale Price: $77,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALLEN TATE MORTGAGE PARTNERS L
  • First Mortgage Transaction Date: May 30, 2017
  • First Mortgage Loan Amount: $75,605
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2047

About Kannapolis



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207 Goldston Street, Kannapolis, NC, 28081 Listing by Kathryn Chavez

Frequently Asked Questions

What neighborhood is 615 North Walnut Street located in?
The 615 North Walnut Street is a located in the neighborhood of Rowan in Kannapolis, Kannapolis.
What is the average sales price for listings in 615 North Walnut Street?
The average sales price for units in 615 North Walnut Street is $0 currently.

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