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Terra Vista Realty
176 Franklin Avenue
176 Franklin Avenue
$231,628 (our value guesstimate)
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Kannapolis, NC 28081 ▪  (MLS # 3623439)
Built: 1940  ▪   Basement Primary
2 bed  ▪  2 full bath  ▪  1,060 Sq Ft
Sold for $159,000 on Nov 13, 2020
176 Franklin Avenue
$231,628 (our value guesstimate)
Kannapolis, NC 28081 ▪  (MLS # 3623439)
Built: 1940  ▪   Basement Primary
2 bed  ▪  2 full bath  ▪  1,060 Sq Ft
Sold for $159,000 on Nov 13, 2020
SOLD NOV 13, 2020
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$159,000  (sales price)
2 bed  ▪  2 full bath  ▪  1,060 Sq Ft
176 Franklin Avenue
Kannapolis, NC 28081 (MLS # 3623439)
.5 acres  ▪   Built: 1940  ▪   Basement Primary Bedroom
Kannapolis, NC / 28081

Our Value Guesstimate (from Computer Algorithm): $231,628

Our computer algorithm has estimated that this home would be likely to sell in a range between $196,884 and $266,372.
Sale Details
Sales Price: $159,000
Closed: Nov 13, 2020 (1,232 days ago)
List Price: $159,000
Sold for: 100% of list price
Cumulative Days on Market: 8
Price/Sq Ft: $150
Remarks - 176 Franklin Avenue
(from previous listing) Located just minutes from downtown Kannapolis this charming home sits on a large corner lot with endless living options! Completely updated over the past couple years this 2 bedroom, 2 bathroom home is incredibly unique. The upper level features 1 bedroom, 1 bathroom, full size kitchen, living area, and direct access to a large back deck. The master bedroom is downstairs which you can enter from inside or outside of the home. The master bedroom includes a custom tile bathroom, mini kitchen, laun ...
Continue reading

General Info - MLS # 3623439
Parking: Driveway, Parking Space - 3
Year Built: 1940
Master / Primary Bedroom: Basement floor
Listing Status: Sold
Property Type: Single Family Home
Location: Kannapolis / Cabarrus County
Lot Size: .5 acres
Listing History
11/13/2020: MLS Sold for $159,000 (Canopy MLS)
Cumulative Days on Market: 8
More details

1% List Fee for Sellers

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

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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: $231,628

Our computer algorithm has estimated that this home would be likely to sell in a range between $196,884 and $266,372.


Sale Details
Sales Price: $159,000
Closed: Nov 13, 2020 (1,232 days ago)
List Price: $159,000
Sold for: 100% of list price
Cumulative Days on Market: 8
Price/Sq Ft: $150
Remarks
(from previous listing) Located just minutes from downtown Kannapolis this charming home sits on a large corner lot with endless living options! Completely updated over the past couple years this 2 bedroom, 2 bathroom home is incredibly unique. The upper level features 1 bedroom, 1 bathroom, full size kitchen, living area, ...
Continue reading

General Info - MLS 3623439
Parking: Driveway, Parking Space - 3
Year Built: 1940
Master / Primary Bedroom: Basement floor
Listing Status: Sold
Property Type: Single Family Home
Location: Kannapolis / Cabarrus County
Lot Size: .5 acres

Listing History
11/13/2020: MLS Sold for $159,000 (Canopy MLS)
Cumulative Days on Market: 8
More details



  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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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.