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  • $315,000

    1117 Red St, Kannapolis, NC 28081

    3beds
    1,100sqft
    Single Family Residence
    Built in 1958
    1.47 Acres Lot
    $313,300 Zestimate®
    $286/sqft
    $1,517 Estimated rent

    Home value

    $313,300

    $295,000 - $335,000

    $1,517/mo

    Zestimate® history
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    What's special

    Beautifully renovated 3BR/1BA home situated on a rare 1.47-acre lot with city water and sewer in Kannapolis. The main dwelling offers approximately 1,100 sq ft of heated living space and features fresh interior paint, new flooring, updated plumbing fixtures, tile shower surround, serviced HVAC with central air, and brand-new appliances including refrigerator, dishwasher, and range. Home is built on a full basement foundation, providing excellent storage and additional flexibility. Buyers enjoy $10,000 back at the closing table with an acceptable offer!!! What truly sets this property apart is its versatility and future potential. In addition to the main residence, the property includes a separate small dwelling (approx. 650+ sq ft) with attached garage (approx. 600 sq ft). Featuring one bedroom, a kitchen, a bathroom with shower, and washer/dryer hookup, along with a large garage/workshop, all not included in heated living area. With some vision and the addition of a permanent HVAC system, the secondary dwelling could be well-suited for a mother-in-law suite, guest quarters, or income-producing opportunity. With nearly an acre and a half of land, this property offers exceptional flexibility for multi-use living or future expansion. Parking is plentiful and flexible, with options including the basement level, attached and detached garages, and multiple off-street spaces. The property also features a large shed and a small brick workshop, ideal for storage, hobbies, or creative workspace needs—adding even more functional value beyond the main home. The backyard is beautifully tree-lined and backed by wooded views, offering privacy, shade, and a peaceful outdoor setting rarely found with city utilities. Zoned R-8 and located in an established area, this property appeals to homeowners seeking space, privacy, and long-term value—while also offering a strong framework for creative or investment-minded possibilities. This is not just an investor property—the main home is move-in ready and charming, while the additional structures and acreage create opportunities rarely found with city utilities. Seller concessions available with acceptable offer.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Michael Marrero-Alfaro michaelmarrero@kw.com,

    Keller Williams Ballantyne Area

    Bought with:

    Ebony Scott

    ERA Live Moore

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4334035MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    Bedroom s
    • Level: Main
    Bedroom s
    • Level: Main
    Bathroom full
    • Level: Main
    Other
    • Level: 2nd Living Quarters
    Basement
    • Level: Basement
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Central, Oil
    Cooling
    • Central Air
    Appliances
    • Included: Convection Oven, Dishwasher, Electric Range, Exhaust Hood, Refrigerator
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Flooring: Carpet, Vinyl
    • Basement: Basement Garage Door,Storage Space
    Interior area
    • Total structure area: 1,100
    • Total interior livable area: 1,100 sqft
    • Finished area above ground: 1,100
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 5
    • Parking features: Basement, Driveway, Attached Garage, Detached Garage, Garage Shop
    • Attached garage spaces: 5
    • Has uncovered spaces: Yes
    • Details: Multiple parking options: A one-car garage is located in the basement at the rear of the main dwelling. A long asphalt/dirt driveway surrounds the property. The second dwelling includes a large attached garage that fits 4+ cars.
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Front Porch
    Lot
    • Size: 1.47 Acres
    • Features: Cul-De-Sac, Open Lot
    Details
    • Additional structures: Outbuilding, Shed(s), Other
    • Parcel number: 56131855660000
    • Zoning: R8
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick Full, Vinyl
    Condition
    • New construction: No
    • Year built: 1958

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City
    • Utilities for property: Electricity Connected

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
    Location
    • Region: Kannapolis
    • Subdivision: None

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
    • Road surface type: Asphalt, Concrete, Dirt, Gravel, Paved

    Price history

    DateEventPrice
    3/18/2026Sold$315,000$286/sqft
    Source: Canopy MLS as distributed by MLS GRID #4334035 Report a problem
    2/15/2026Pending sale$315,000$286/sqft
    Source: Canopy MLS as distributed by MLS GRID #4334035 Report a problem
    2/9/2026Listed for sale$315,000-8.7%$286/sqft
    Source: Canopy MLS as distributed by MLS GRID #4334035 Report a problem
    1/21/2026Listing removed$345,000$314/sqft
    Source: Canopy MLS as distributed by MLS GRID #4334035 Report a problem
    1/9/2026Listed for sale$345,000+72.5%$314/sqft
    Source: Canopy MLS as distributed by MLS GRID #4334035 Report a problem
    9/30/2025Sold$200,000+138.1%$182/sqft
    Source: Public Record Report a problem
    7/28/2004Sold$84,000-6.1%$76/sqft
    Source: Public Record Report a problem
    4/29/2004Sold$89,474-8.2%$81/sqft
    Source: Public Record Report a problem
    8/24/2001Sold$97,500$89/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,361 $207,900
    2024$2,361 +27.3%$207,900 +53.5%
    2023$1,855 $135,400
    2022$1,855 $135,400
    2021$1,855 +9.4%$135,400 +9.4%
    2019$1,695 +3%$123,730
    2018$1,646 $123,730
    2017$1,646 $123,730

    Find assessor info on the county website

    Neighborhood: 28081

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Fred Wilson
    • Middle: Kannapolis
    • High: A.L. Brown

    Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $313,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $313,300