702 Margate Ave
Kannapolis, NC 28081
3 bd 3 ba 1,442 sqft Built 2018 Lot 11,326 sqft single_family
Most recent sale
$305,000
Nov 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 2, 2022 | Sold | $305,000 | MLS #3887400 |
| Sep 15, 2022 | Price changed | $319,000 | MLS #3887400 |
| Sep 1, 2022 | Price changed | $325,000 | MLS #3887400 |
| Aug 4, 2022 | Price changed | $330,000 | MLS #3887400 |
| Jul 24, 2022 | Listed | $343,000 | MLS #3887400 |
| Jul 6, 2022 | Sold | $313,500 | Public Record |
| Mar 4, 2019 | Sold | $179,900 | MLS #3462956 |
| Jan 7, 2019 | Listed | $179,900 | MLS #3462956 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $250,340 | $50,000 | $300,340 | $3,410 |
| 2023 | $148,650 | $20,000 | $168,650 | $2,310 |
| 2022 | $148,650 | $20,000 | $168,650 | $2,310 |
| 2021 | $148,650 | $20,000 | $168,650 | $2,311 |
| 2020 | $148,650 | $20,000 | $168,650 | $2,311 |
| 2019 | $118,080 | $12,600 | $130,680 | $1,790 |
Property facts
Year built
2018
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,442 sqft
Lot size
11,326 sqft
ZIP code
28081
City
Kannapolis
Street
Margate Ave
Coordinates
35.48853, -80.63916
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
$1,947
Gross rental yield
7.66%
Implied cap rate
4.98%
Trend-extrapolated value
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Frequently asked questions
When did 702 Margate Ave last sell?
702 Margate Ave most recently sold on Nov 2, 2022 for $305,000.
What is the current tax assessment for 702 Margate Ave?
The most recent total assessment for 702 Margate Ave (year 2025) is $300,340 with $3,410 in property tax.
How does 702 Margate Ave's assessment compare to its last sale price?
The current assessment is 1.5% below the last sale price of $305,000.
When was 702 Margate Ave built?
702 Margate Ave was built in 2018.
How does 702 Margate Ave compare to others on Margate Ave?
We track 8 other properties on Margate Ave. Browse the list under "Other properties on Margate Ave" to compare beds, baths, and sale history.
What are the property facts for 702 Margate Ave?
702 Margate Ave is a 3 bed, 3 bath, 1,442 sqft, 11,326 sqft lot single_family.
Is 702 Margate Ave a flip candidate?
No — 702 Margate Ave does not appear in our flips dataset.
Is 702 Margate Ave a tax-appeal candidate?
No — 702 Margate Ave is not currently flagged as a tax-appeal candidate.
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 Margate Ave