See Home Value
$90,036*
House - Off Market

702 Broad Street

Kannapolis, NC 28081
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1430 Sqft
$80,000 - $90,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Mar 19, 2021
$202,000
$203,100 by Credence Funding Corporation
Mortgage Due Feb 01, 2052
Sold Jul 01, 2020
$58,000
$150,000 by Iparfner Llc
Mortgage Due Jun 23, 2021

About This Property

**INVESTOR SPECIAL!** Priced well below tax value this 3/2 with basement is great for an investor looking to do a complete rehab. The home sits on a large lot and has potential! House was occupied by tenants but is now vacant. House will not be cleaned and no repairs will be made SOLD AS IS WHERE IS. The ceiling has fallen in many places and HVAC may need repairs or replaced. Basement door has been completely removed. MUST BE A CASH SALE! BRING ALL OFFERS!

The manager has listed the unit size as 1430 square feet.
Unit Size
1,430Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$56
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1930

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Mar 19, 2021 Sold to Loree A Littlefeather $202,000
Sold to Loree A Littlefeather
Jun 7, 2020 In contract -
In contract
May 29, 2020 Relisted $80,000
Relisted
May 19, 2020 In contract -
In contract
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1985
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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 Type: Unfinished basement
  • Basement Area: 540
  • Garage Type: Offsite
  • Garage Square Area: 504
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 12,110
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,010
  • Total Building Area: 1,430
  • Gross Building Area: 2,284
  • Building Area: 1,430
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,430
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PETREA HEIGHTS
  • Land Acres: 0.278
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 9A PLAT FOR 702 BROAD ST

Ownership

  • Current Owner : LITTLEFEATHER LOREE A
  • Previous Owner : RES NC RESTORATION LLC
  • Owner Before Previous Owner: COME BACK PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Kannapolis City Schools
  • School Tax School District: 04-ALLEN
  • Census Tract: 041002

Zoning

  • Zoning: RV

Geography

  • Account Number: 144919
  • District: 04
  • Parcel: 5613 37 6820
  • Lot: 9A
  • Municipality: KANNAPOLIS
  • Latitude: 35.4914
  • Longitude: -80.6341

    Address

  • Full Address: 702 Broad St
  • Address - House Number: 702
  • Address - Street Name: Broad
  • Address - Suffix Type: St
  • State: NC
  • City Name: Kannapolis
  • Carrier Code: C006
  • 4-Digit Zip Code: 4759
  • Zip Code: 28081

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,407
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: CI04

    Appraisal Valuation

  • Standard Deviation: 0.2769
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 60
  • Final Value: 268,920
  • High Value: 343,403
  • Low Value: 194,437

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $263,100
  • First Open Lien Mortgage Lender: CREDENCE FUNDING CORPORATION
  • First Open Lien Mortgage Recording Date: Jan 18, 2022
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $203,100
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052
  • Second Open Lien Mortgage Lender: FIFTH THIRD BANK NA
  • Second Open Lien Mortgage Recording Date: Nov 28, 2023
  • Second Open Lien Mortgage Loan Amount: $30,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Nov 25, 2053
  • Third Open Lien Mortgage Lender: FIFTH THIRD BANK NA
  • Third Open Lien Mortgage Recording Date: Nov 28, 2023
  • Third Open Lien Mortgage Loan Amount: $30,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional
  • Third Open Lien Mortgage Loan Due Date: Nov 25, 2053

    Market Valuation

  • Market Total Value: $175,690
  • Market Land Value: $72,000
  • Market Improvement Value: $103,690

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $175,690
  • Assessed Land Value: $72,000
  • Assessed Improvements Value: $103,690

    Sales

  • Current Sale Contract Date: Mar 04, 2021
  • Current Sale Recording Date: Mar 19, 2021
  • Current Sale Transaction ID: 11827415129
  • Current Sale Price: $202,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 01, 2020
  • Previous Sale Contract Date: Jun 30, 2020
  • Previous Sale Amount: $58,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Mar 19, 2021
  • First Mortgage Loan Amount: $202,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: IPARFNER LLC
  • Previous Mortgage Transaction Date: Jul 01, 2020
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Stand Alone Second
  • Previous Mortgage Loan Due Date: Jun 23, 2021



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Petrea Heights


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at

$1,595 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,260 ft²
Listing by Myles Gooch
Unit for rent at

$1,400 /mo

  • 2 Beds
  • 1 Bath
  • 1,025 ft²
Listing by Manager
Unit for rent at

$1,345 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,260 ft²
Listing by Manager


Frequently Asked Questions

When was property at 702 Broad Street built and last sold?
The property at 702 Broad Street was built in 1930 and last sold on Mar 4, 2021 for $202,000.
How much is this home worth?
The estimated value of the home located at 702 Broad Street is $90,698.
What are some comparable homes to 702 Broad Street?
There are currently no comparable homes to 702 Broad Street.

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