Kannapolis · Kannapolis, NC
511 Murphy Street
Kannapolis, NC · 768 sqft
$250,000
- 2Beds
- 1Baths
- 768SqFt
- 1936Year
- 75 X 135Lot
- 38Days on market
About this home
Completely renovated 2 Bed/1 Bath home. This cozy cottage boasts new vinyl siding, new paint, new flooring, new double pane insulated windows, new light fixtures, new HVAC, new deck/railings on back porch. Roof is only 4 years old, and the electric Water Heater is only 2 years old. The mature trees in the front offer shade over the yard, and the backyard has two young peach trees that are already bearing fruit. There are two sheds in the back yard, one is a little worse for wear and the owner will offer to take it down if the buyer does not want it. Whether you're just starting out or in the process of downsizing, this is the perfect place for anyone needing a smaller home relatively close to downtown. Seller is offering $5,000 towards closing costs as buyer consideration for an acceptable offer.
Property details
- Beds
- 2
- Baths
- 1
- SqFt
- 768
- Lot
- 75 X 135
- Year built
- 1936
- Type
- Single Family
- Days on market
- 38
- Style
- Cottage
- Heating
- Central, Electric, Heat Pump
- Cooling
- Central Air
- Foundation
- Crawl Space
- Flooring
- Tile, Vinyl
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$1,839/ month
- Principal & interest
- $1,548
- Property tax (~1.05%)
- $218
- Homeowners insurance
- $72
- HOA dues
- —
Down payment
$12,500 down · $237,500 financed
Income to qualify (28% rule)
~$78,856 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.