508 Locust St
Kannapolis, NC 28081
3 bd 1 ba 1,154 sqft Built 1928 Lot 20,473 sqft single_family
Most recent sale
$150,000
Mar 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 7, 2024 | Listing removed | $1,575 | CanopyMLS |
| Jan 3, 2024 | Listed for rent | $1,500 | AppfolioUnits |
| Feb 27, 2023 | Price changed for rent | $1,575 | AppfolioUnits |
| Feb 15, 2023 | Listed for rent | $1,700 | AppfolioUnits |
| Dec 29, 2022 | Sold | $152,000 | CanopyMLS |
| Oct 24, 2022 | Price changed | $184,999 | MLS #3884438 |
| Sep 22, 2022 | Price changed | $189,000 | MLS #3884438 |
| Sep 1, 2022 | Price changed | $194,999 | MLS #3884438 |
| Aug 5, 2022 | Listed | $199,999 | MLS #3884438 |
| Mar 8, 2022 | Sold | $150,000 | Public Record |
| Oct 30, 2019 | Sold | $98,000 | MLS #3554042 |
| Sep 26, 2019 | Listed | $92,000 | MLS #3554042 |
| Mar 31, 2017 | Sold | $60,000 | Public Record |
| May 23, 2015 | Sold | $54,000 | MLS #3066991 |
| May 7, 2015 | Listing removed | $59,900 | Salisbury |
| Apr 2, 2015 | Price changed | $59,900 | MLS #57374 |
| Mar 2, 2015 | Listed | $64,900 | MLS #3066991 |
| Aug 19, 2008 | Sold | $26,900 | MLS #785428 |
| Jun 25, 2008 | Listed | $29,000 | MLS #785428 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $160,702 | $28,519 | $189,221 | $2,156 |
| 2023 | $160,702 | $28,519 | $189,221 | $2,289 |
| 2022 | $42,823 | $21,938 | $64,761 | $833 |
| 2020 | $42,823 | $21,938 | $64,761 | $834 |
| 2019 | $42,823 | $21,938 | $64,761 | $834 |
| 2018 | $40,172 | $21,937 | $62,109 | $791 |
| 2017 | $32,191 | $21,937 | $54,128 | $689 |
| 2016 | $32,191 | $21,937 | $54,128 | $689 |
| 2015 | $32,191 | $21,937 | $54,128 | $689 |
| 2014 | $33,621 | $17,550 | $51,171 | $630 |
| 2013 | $33,621 | $17,550 | $51,171 | $596 |
| 2012 | $33,621 | $17,550 | $51,171 | $596 |
| 2011 | $33,621 | $17,550 | $51,171 | $561 |
| 2010 | $36,769 | $17,550 | $54,319 | $581 |
Property facts
Year built
1928
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,154 sqft
Lot size
20,473 sqft
ZIP code
28081
City
Kannapolis
Street
Locust St
Coordinates
35.51162, -80.62357
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,558
Gross rental yield
12.46%
Implied cap rate
8.10%
Trend-extrapolated value
—
Frequently asked questions
When did 508 Locust St last sell?
508 Locust St most recently sold on Mar 8, 2022 for $150,000.
What is the current tax assessment for 508 Locust St?
The most recent total assessment for 508 Locust St (year 2025) is $189,221 with $2,156 in property tax.
How does 508 Locust St's assessment compare to its last sale price?
The current assessment is 26.1% above the last sale price of $150,000.
When was 508 Locust St built?
508 Locust St was built in 1928.
How does 508 Locust St compare to others on Locust St?
We track 8 other properties on Locust St. Browse the list under "Other properties on Locust St" to compare beds, baths, and sale history.
What are the property facts for 508 Locust St?
508 Locust St is a 3 bed, 1 bath, 1,154 sqft, 20,473 sqft lot single_family.
Is 508 Locust St a flip candidate?
No — 508 Locust St does not appear in our flips dataset.
Is 508 Locust St a tax-appeal candidate?
Yes — 508 Locust St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.9%
Implied 1-yr
+3.7%
2026 Q3
$299.4K
2026 Q4
$302.1K
ZIP 28081 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Locust St