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Terra Vista Realty
405 W 9th Street
405 W 9th Street
$94,002 (our value guesstimate)
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Kannapolis, NC 28081 ▪  (MLS # 3802600)
Built: 1900
1 bed  ▪  1 full bath  ▪  540 Sq Ft
Sold for $85,000 on Jan 31, 2022
405 W 9th Street
$94,002 (our value guesstimate)
Kannapolis, NC 28081 ▪  (MLS # 3802600)
Built: 1900
1 bed  ▪  1 full bath  ▪  540 Sq Ft
Sold for $85,000 on Jan 31, 2022
SOLD JAN 31, 2022
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SOLD JAN 31, 2022
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SOLD JAN 31, 2022
1 of 14 
SOLD JAN 31, 2022
1 of 14 
SOLD JAN 31, 2022
1 of 14 
SOLD JAN 31, 2022
1 of 14 
SOLD JAN 31, 2022
1 of 14 
SOLD JAN 31, 2022
1 of 14 
SOLD JAN 31, 2022
1 of 14 
SOLD JAN 31, 2022
1 of 14 
SOLD JAN 31, 2022
1 of 14 
SOLD JAN 31, 2022
1 of 14 
SOLD JAN 31, 2022
1 of 14 
SOLD JAN 31, 2022
1 of 14 
 
$85,000  (sales price)
1 bed  ▪  1 full bath  ▪  540 Sq Ft
405 W 9th Street
Kannapolis, NC 28081 (MLS # 3802600)
.23 acres  ▪   Built: 1900
Kannapolis, NC / 28081

Our Value Guesstimate (from Computer Algorithm): $94,002

Our computer algorithm has estimated that this home would be likely to sell in a range between $79,902 and $108,102.
Sale Details
Sales Price: $85,000
Closed: Jan 31, 2022 (787 days ago)
List Price: $85,000
Sold for: 100% of list price
Cumulative Days on Market: 5
Price/Sq Ft: $157
Remarks - 405 W 9th Street
(from previous listing) Investors Dream! This property is located just minutes to the revitalized downtown Kannapolis area. The main house currently has 1 bedroom and 1 bath with a covered front porch and fenced backyard. It has consitent rental potential or great bones for a flip. There is also a singlewide mobile home on the same parcel that is currently tenant occupied with a long term tenant. Two income producing properties in a great location for the price of one!
General Info - MLS # 3802600
Parking: Driveway, Parking Space
Year Built: 1900
Listing Status: Sold
Property Type: Single Family Home
Location: Kannapolis / Rowan County
Lot Size: .23 acres
Area Schools
4/10
North Kannapolis Elementary School
Distance: 0.2 mi
2/10
Kannapolis Middle School
Distance: 3.0 mi
3/10
A L Brown High School
Distance: 0.9 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Listing History
01/31/2022: MLS Sold for $85,000 (Canopy MLS)
Cumulative Days on Market: 5
More details

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 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:

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.

54%
of Available Homes
Are Under Contract
54% of previously owned 28081-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28081 Area Metro Area
1-year - 2% + 3%
2-year - 2% + 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.

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.

26%
Of Recently Sold Homes
Over Asking Price

26% 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% + 3%
2-year - 2% + 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.

59%
of Available Homes
Are Under Contract

59% of previously owned 28081-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.



Our Value Guesstimate: $94,002

Our computer algorithm has estimated that this home would be likely to sell in a range between $79,902 and $108,102.


Sale Details
Sales Price: $85,000
Closed: Jan 31, 2022 (787 days ago)
List Price: $85,000
Sold for: 100% of list price
Cumulative Days on Market: 5
Price/Sq Ft: $157
Remarks
(from previous listing) Investors Dream! This property is located just minutes to the revitalized downtown Kannapolis area. The main house currently has 1 bedroom and 1 bath with a covered front porch and fenced backyard. It has consitent rental potential or great bones for a flip. There is also a singlewide mobile home on ...
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General Info - MLS 3802600
Parking: Driveway, Parking Space
Year Built: 1900
Listing Status: Sold
Property Type: Single Family Home
Location: Kannapolis / Rowan County
Lot Size: .23 acres

Listing History
01/31/2022: MLS Sold for $85,000 (Canopy MLS)
Cumulative Days on Market: 5
More details

Area Schools
4/10
North Kannapolis Elementary School
Distance: 0.2 mi
2/10
Kannapolis Middle School
Distance: 3.0 mi
3/10
A L Brown High School
Distance: 0.9 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.


  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


 



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.



CDS Data Share Based on information submitted to the MLS GRID as of 03/28/2024. 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.