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511 East Ave

Kannapolis, NC 28083

2 bd 1 ba 1,050 sqft Built 1930 Lot 7,336 sqft single_family
Most recent sale
$157,000
Nov 19, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 10, 2024 Sold $210,000 Public Record
Apr 6, 2024 Price changed $214,900 CanopyMLS
Mar 7, 2024 Listed $224,900 CanopyMLS
Nov 19, 2021 Sold $157,000 CanopyMLS
Sep 21, 2021 Listed $165,000 CanopyMLS
Jun 23, 2021 Listing removed CanopyMLS
May 20, 2021 Listed $165,000 CanopyMLS
Sep 1, 1997 Sold $63,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $136,770 $44,000 $180,770 $2,052
2023 $69,840 $32,000 $101,840 $1,395
2022 $69,840 $32,000 $101,840 $1,395
2021 $69,840 $32,000 $101,840 $1,395
2020 $69,840 $32,000 $101,840 $1,395
2019 $58,020 $15,300 $73,320 $1,004
2018 $58,020 $15,300 $73,320 $989
2017 $58,020 $15,300 $73,320 $975
2016 $58,020 $15,300 $73,320 $975
2015 $56,270 $20,700 $76,970 $1,023
2014 $56,270 $20,700 $76,970 $1,000
2013 $56,270 $20,700 $76,970 $969
2012 $56,270 $20,700 $76,970 $969
2010 $64,550 $27,000 $91,550 $1,025
2009 $64,550 $27,000 $91,550 $1,025
2008 $64,550 $27,000 $91,550 $1,025
2007 $52,330 $24,600 $76,930 $867

Property facts

Year built
1930
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,050 sqft
Lot size
7,336 sqft
ZIP code
28083
City
Kannapolis
Street
East Ave
Coordinates
35.50391, -80.61753

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
$1,418
Gross rental yield
10.84%
Implied cap rate
7.04%
Trend-extrapolated value

Frequently asked questions

When did 511 East Ave last sell?
511 East Ave most recently sold on Nov 19, 2021 for $157,000.
What is the current tax assessment for 511 East Ave?
The most recent total assessment for 511 East Ave (year 2025) is $180,770 with $2,052 in property tax.
How does 511 East Ave's assessment compare to its last sale price?
The current assessment is 15.1% above the last sale price of $157,000.
When was 511 East Ave built?
511 East Ave was built in 1930.
How does 511 East Ave compare to others on East Ave?
We track 8 other properties on East Ave. Browse the list under "Other properties on East Ave" to compare beds, baths, and sale history.
What are the property facts for 511 East Ave?
511 East Ave is a 2 bed, 1 bath, 1,050 sqft, 7,336 sqft lot single_family.
Is 511 East Ave a flip candidate?
No — 511 East Ave does not appear in our flips dataset.
Is 511 East Ave a tax-appeal candidate?
No — 511 East Ave 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
+1.4%
Implied 1-yr
+5.5%
2026 Q3
$309.5K
2026 Q4
$313.4K
ZIP 28083 — Median Price History + Forecast

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