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515 Locust St

Kannapolis, NC 28081

2 bd 1 ba 839 sqft Built 1930 Lot 19,602 sqft single_family
Most recent sale
$145,500
Sep 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 2, 2022 Sold $145,500 MLS #3864049
Jul 22, 2022 Price changed $145,500 MLS #3864049
Jul 7, 2022 Price changed $155,500 MLS #3864049
Jul 1, 2022 Price changed $165,500 MLS #3864049
May 23, 2022 Listed $165,000 MLS #3864049
Feb 21, 2009 Listing removed $69,000 CanopyMLS
Feb 16, 2009 Relisted $69,000 MLS #822592
Feb 11, 2009 Listing removed $69,000 CanopyMLS
Dec 1, 2008 Listed $69,000 MLS #822592

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $127,795 $22,204 $149,999 $1,709
2023 $127,795 $22,204 $149,999 $1,814
2022 $36,745 $17,080 $53,825 $693
2020 $36,745 $17,080 $53,825 $693
2019 $36,745 $17,080 $53,825 $693
2018 $29,215 $17,080 $46,295 $589
2017 $29,215 $17,080 $46,295 $589
2016 $29,215 $17,080 $46,295 $589
2015 $29,215 $17,080 $46,295 $589
2014 $26,971 $15,030 $42,001 $517
2013 $26,971 $15,030 $42,001 $489
2012 $26,971 $15,030 $42,001 $489
2011 $26,971 $15,030 $42,001 $460
2010 $29,215 $15,030 $44,245 $473

Property facts

Year built
1930
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
839 sqft
Lot size
19,602 sqft
ZIP code
28081
City
Kannapolis
Street
Locust St
Coordinates
35.51080, -80.62424

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
$1,133
Gross rental yield
9.34%
Implied cap rate
6.07%
Trend-extrapolated value

Frequently asked questions

When did 515 Locust St last sell?
515 Locust St most recently sold on Sep 2, 2022 for $145,500.
What is the current tax assessment for 515 Locust St?
The most recent total assessment for 515 Locust St (year 2025) is $149,999 with $1,709 in property tax.
How does 515 Locust St's assessment compare to its last sale price?
The current assessment is 3.1% above the last sale price of $145,500.
When was 515 Locust St built?
515 Locust St was built in 1930.
How does 515 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 515 Locust St?
515 Locust St is a 2 bed, 1 bath, 839 sqft, 19,602 sqft lot single_family.
Is 515 Locust St a flip candidate?
No — 515 Locust St does not appear in our flips dataset.
Is 515 Locust St a tax-appeal candidate?
No — 515 Locust 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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