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$350,000

Beds
5
Baths
3.0
sq ft
1,541

1004 Desoto Avenue, Kannapolis, NC 28083

1004 Desoto Avenue

Kannapolis, NC 28083

  • 16 days on market
The opportunity you have been looking for! Perfect for multi-generational living or an investor. Enjoy this cute cottage, convenient to Downtown Kannapolis, with a detached Garage Apartment. Open concept with a modern farmhouse-style kitchen. Unique granite + handcrafted concrete countertop on the island. Huge master suite upstairs with oversized barn door and ensuite bathroom. Fenced in back yard with brick patio. Full-height basement/crawl space for additional storage. Detached Garage Apartment has a stunning open-concept kitchen with quartz countertops and a granite sink. Lots of storage in the downstairs room adjoining the garage. Laundry is on first floor. The two units have different addresses, separate Duke Energy Accounts, and water is tied to one account with the city. Property is close to the Revitalized Downtown Kannapolis, NC Research Campus, Village Park, and minutes from I-85. SOLD AS-IS.

Details

Property type

Single Family Residence

Est. home value

$249,455

Lot size

Unknown

Price per sq ft

$228

Year built

1935

Price History

11/06/2024
CanopyMLS

CanopyMLS #4197998

Listed
$350,000
+164.15%
03/15/2019
CanopyMLS

CanopyMLS #3471958

Sold
$132,500

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Seller’s Loan History

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

Lender

Peoples Bank

Loan start date

March 2021

Original loan amount

$72,000

Est. remaining balance

Not provided

Interest rate

2.79%

Loan type

Credit Line (Revolving)

Seller

Trevor Layne Rudisill and Kathryn Louise Rudisill

Lender

United Wholesale Mortgage

Loan start date

March 2019

Original loan amount

$124,450

Est. remaining balance

$111,686

Interest rate

4.45%

Loan type

New Conventional, 30 year

Seller

Trevor Layne Rudisill and Kathryn Rudisill

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?

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Status: Active

Tomo last checked: 11/22/2024 at 1:45 PM

Listing updated: 11/07/2024 at 5:05 AM

Listed by: Kathryn Rudisill, NorthGroup Real Estate LLC Phone #: (704) 412-2804

MLS: CanopyMLS #4197998

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