tomo logo

$325,000

Beds
3
Baths
2.0
sq ft
1,304

1001 Lee Avenue, Kannapolis, NC 28081

1001 Lee Avenue

Kannapolis, NC 28081

  • <1 day on market
Charming three-bedroom two bath full brick bungalow located approximately 1.6 miles from the revitalized downtown of Kannapolis! Enjoy the many restaurants and shops that the downtown area has to offer as well as the renovated movie theater and minor league baseball stadium! Home has a cozy, covered front porch area for sitting back and enjoying the fresh air as well as taking in the tranquility after a long day! The back yard boasts privacy fencing as well as a storage building for tools and lawn equipment! Everything that this home offers in an established neighborhood with NO HOA!

Details

Property type

Single Family Residence

Est. home value

$280,056

Lot size

Unknown

Price per sq ft

$250

Year built

1941

Price History

04/04/2025
CanopyMLS

CanopyMLS #4238617

Listed
$325,000
+14.08%
03/05/2024
CanopyMLS

CanopyMLS #4098914

Removed
$284,900
01/21/2024
CanopyMLS

CanopyMLS #4098914

Listed
$284,900
-0.04%

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$50,961
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$248,039
Cash to seller
$50,961

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

American Security Mortgage Corp

Loan start date

March 2023

Original loan amount

$254,375

Est. remaining balance

$248,039

Interest rate

6.09%

Loan type

FHA, 30 year

Seller

Parker Baxley and Abigail Rose Dorton

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/05/2025 at 1:05 AM

Listing updated: 04/04/2025 at 4:55 PM

Listed by: Jimmy Stephens, Austin-Barnett Realty LLC Phone #: (803) 329-6100

MLS: CanopyMLS #4238617

CanopyMLS logo

Recently listed in Kannapolis