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509 8th St

Kannapolis, NC 28081

2 bd 1 ba 1,210 sqft Built 1921 Lot 6,970 sqft single_family
Most recent sale
$289,000
Jun 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 7, 2022 Sold $289,000 MLS #3840123
May 13, 2022 Listed $285,000 MLS #3840123
Feb 25, 2022 Sold $160,000 Public Record
Dec 11, 2020 Listed for rent $995 CanopyMLS
Sep 16, 2019 Sold $107,500 MLS #3538594
Aug 3, 2016 Listing removed $625 Rently
Jul 30, 2016 Listed for rent $625 Rently
May 20, 2016 Listing removed $55,900 CanopyMLS
Mar 11, 2016 Relisted $55,900 MLS #3149080
Mar 9, 2016 Listing removed $55,900 CanopyMLS
Feb 19, 2016 Listed $55,900 MLS #3149080
Jan 16, 2016 Listing removed $59,900 CanopyMLS
Nov 11, 2015 Price changed $59,900 MLS #3122935
Oct 16, 2015 Listed $72,900 MLS #3122935
Feb 21, 2006 Sold $63,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $142,348 $26,000 $168,348 $1,918
2023 $142,348 $26,000 $168,348 $2,037
2022 $46,361 $20,000 $66,361 $854
2020 $46,361 $20,000 $66,361 $854
2019 $46,361 $20,000 $66,361 $854
2018 $37,476 $17,028 $54,504 $693
2017 $37,476 $17,028 $54,504 $693
2016 $37,476 $17,028 $54,504 $693
2015 $37,476 $17,028 $54,504 $693
2014 $39,457 $14,190 $53,647 $660
2013 $39,457 $14,190 $53,647 $624
2012 $39,457 $14,190 $53,647 $624
2011 $39,457 $14,190 $53,647 $587
2010 $56,942 $14,190 $71,132 $760

Property facts

Year built
1921
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,210 sqft
Lot size
6,970 sqft
ZIP code
28081
City
Kannapolis
Street
8th St
Coordinates
35.50819, -80.62353

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,634
Gross rental yield
6.78%
Implied cap rate
4.41%
Trend-extrapolated value

Frequently asked questions

When did 509 8th St last sell?
509 8th St most recently sold on Jun 7, 2022 for $289,000.
What is the current tax assessment for 509 8th St?
The most recent total assessment for 509 8th St (year 2025) is $168,348 with $1,918 in property tax.
How does 509 8th St's assessment compare to its last sale price?
The current assessment is 41.7% below the last sale price of $289,000.
When was 509 8th St built?
509 8th St was built in 1921.
How does 509 8th St compare to others on 8th St?
We track 8 other properties on 8th St. Browse the list under "Other properties on 8th St" to compare beds, baths, and sale history.
What are the property facts for 509 8th St?
509 8th St is a 2 bed, 1 bath, 1,210 sqft, 6,970 sqft lot single_family.
Is 509 8th St a flip candidate?
Yes — 509 8th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 509 8th St a tax-appeal candidate?
No — 509 8th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.9%
Implied 1-yr
+3.7%
2026 Q3
$299.4K
2026 Q4
$302.1K
ZIP 28081 — Median Price History + Forecast

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