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311 Locust Street
311 Locust Street
$276,964 (our value guesstimate)
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Kannapolis, NC 28081 ▪  (MLS # 3672666)
Built: 1939
3 bed  ▪  1 full & 1 half bath  ▪  1,550 Sq Ft
Sold for $165,500 on Dec 03, 2020
311 Locust Street
$276,964 (our value guesstimate)
Kannapolis, NC 28081 ▪  (MLS # 3672666)
Built: 1939
3 bed  ▪  1 full & 1 half bath  ▪  1,550 Sq Ft
Sold for $165,500 on Dec 03, 2020
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$165,500  (sales price)
3 bed  ▪  1 full & 1 half bath  ▪  1,550 Sq Ft
311 Locust Street
Kannapolis, NC 28081 (MLS # 3672666)
.28 acres  ▪   Built: 1939
Kannapolis, NC / 28081

Our Value Guesstimate (from Computer Algorithm): $276,964

Our computer algorithm has estimated that this home would be likely to sell in a range between $235,419 and $318,509.
Sale Details
Sales Price: $165,500
Closed: Dec 3, 2020 (1,212 days ago)
List Price: $169,500
Sold for: 98% of list price
Cumulative Days on Market: 12
Price/Sq Ft: $107
Remarks - 311 Locust Street
(from previous listing) Charming cottage home located just minutes away from downtown Kannapolis, NC Research campus and the new Kannapolis Cannon Ballers baseball stadium. Renovated and expanded in 1978, this home features two sizable bedrooms with spacious closets. A third room can serve as a bedroom or office space. Original hardwood floors are throughout the house. Exterior features a covered front rocking chair porch, a side deck for the grill with steps leading to the driveway area, and a storage shed in the b ...
Continue reading

General Info - MLS # 3672666
Parking: Driveway
Year Built: 1939
Listing Status: Sold
Property Type: Single Family Home
Location: Kannapolis / Cabarrus County
Lot Size: .28 acres
Listing History
12/03/2020: MLS Sold for $165,500 (Canopy MLS)
Cumulative Days on Market: 12
More details

02/23/2018: MLS # 3348603 sold for $114,900 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 6

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

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  More Home Details
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28081 ZIP Code Trends
28081 ZIP Code Trends

OUR RATING: MODERATELY COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28081 is the 42nd most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28081 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

24
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 24 cumulative days on market in the 28081 area. Compare this with the Charlotte metro area median of 17 days on market.

24%
Of Recently Sold Homes
Over Asking Price
24% of previously owned 28081-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28081.

54%
of Available Homes
Are Under Contract
54% of previously owned 28081-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28081 Area Metro Area
1-year - 2% + 2%
2-year - 1% + 2%
5-year +80% +66%
The price per square foot of 28081-area re-sale homes has increased by approximately 80% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $184 per square foot in 28081 over the past 90 days - as compared to $212 for the entire metro area.

25
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 25 cumulative days on market in the 28081 area. Compare this with the Charlotte metro area median of 17 days on market.

25%
Of Recently Sold Homes
Over Asking Price

25% of previously owned 28081-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28081.

Price Per Square Foot Change
Period 28081
Area
Metro
Area
1-year - 2% + 2%
2-year - 1% + 2%
5-year +80% +66%

The price per square foot of 28081-area re-sale homes has increased by approximately 80% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $184 per square foot in 28081 over the past 90 days - as compared to $212 for the entire metro area.

58%
of Available Homes
Are Under Contract

58% of previously owned 28081-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.



Our Value Guesstimate: $276,964

Our computer algorithm has estimated that this home would be likely to sell in a range between $235,419 and $318,509.


Sale Details
Sales Price: $165,500
Closed: Dec 3, 2020 (1,212 days ago)
List Price: $169,500
Sold for: 98% of list price
Cumulative Days on Market: 12
Price/Sq Ft: $107
Remarks
(from previous listing) Charming cottage home located just minutes away from downtown Kannapolis, NC Research campus and the new Kannapolis Cannon Ballers baseball stadium. Renovated and expanded in 1978, this home features two sizable bedrooms with spacious closets. A third room can serve as a bedroom or office space. ...
Continue reading

General Info - MLS 3672666
Parking: Driveway
Year Built: 1939
Listing Status: Sold
Property Type: Single Family Home
Location: Kannapolis / Cabarrus County
Lot Size: .28 acres

Listing History
12/03/2020: MLS Sold for $165,500 (Canopy MLS)
Cumulative Days on Market: 12
More details


02/23/2018: MLS # 3348603 sold for $114,900 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 6


  More Home Details
  Map / Satellite View

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


 

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 Neighborhood & School Information:
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 You Might Also Like:
28081 homes for sale

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents




1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.



CDS Data Share Based on information submitted to the MLS GRID as of 03/29/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2024 Canopy Multiple Listing Services, Inc. All rights reserved.