707 Margate Ave
Kannapolis, NC 28081
3 bd 3 ba 1,230 sqft Built 2022 Lot 10,019 sqft single_family
Most recent sale
$307,500
Jun 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 19, 2022 | Price changed for rent | $1,495 | Rently |
| Jun 29, 2022 | Listed for rent | $1,790 | Rently |
| Jun 14, 2022 | Sold | $307,500 | MLS #3857322 |
| May 10, 2022 | Price changed | $317,500 | MLS #3857322 |
| May 5, 2022 | Listed | $320,000 | MLS #3857322 |
| Jan 6, 2016 | Sold | $80,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | $10,000 | $10,000 | $113 |
| 2023 | — | $4,000 | $4,000 | $54 |
| 2022 | — | $4,000 | $4,000 | $54 |
| 2021 | — | $4,000 | $4,000 | $55 |
| 2020 | — | $4,000 | $4,000 | $55 |
| 2019 | — | $2,800 | $2,800 | $38 |
| 2018 | — | $2,800 | $2,800 | $38 |
| 2017 | — | $2,800 | $2,800 | $37 |
| 2016 | — | $2,800 | $2,800 | $37 |
| 2015 | — | $3,000 | $3,000 | $40 |
| 2014 | — | $3,000 | $3,000 | $39 |
| 2013 | — | $3,000 | $3,000 | $38 |
| 2012 | — | $3,000 | $3,000 | $38 |
| 2010 | — | $2,200 | $2,200 | $25 |
| 2009 | — | $2,200 | $2,200 | $25 |
| 2008 | — | $2,200 | $2,200 | $25 |
| 2007 | — | $1,500 | $1,500 | $16 |
Property facts
Year built
2022
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,230 sqft
Lot size
10,019 sqft
ZIP code
28081
City
Kannapolis
Street
Margate Ave
Coordinates
35.48782, -80.63867
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
$1,661
Gross rental yield
6.48%
Implied cap rate
4.21%
Trend-extrapolated value
—
Frequently asked questions
When did 707 Margate Ave last sell?
707 Margate Ave most recently sold on Jun 14, 2022 for $307,500.
What is the current tax assessment for 707 Margate Ave?
The most recent total assessment for 707 Margate Ave (year 2025) is $10,000 with $113 in property tax.
How does 707 Margate Ave's assessment compare to its last sale price?
The current assessment is 96.7% below the last sale price of $307,500.
When was 707 Margate Ave built?
707 Margate Ave was built in 2022.
How does 707 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 707 Margate Ave?
707 Margate Ave is a 3 bed, 3 bath, 1,230 sqft, 10,019 sqft lot single_family.
Is 707 Margate Ave a flip candidate?
No — 707 Margate Ave does not appear in our flips dataset.
Is 707 Margate Ave a tax-appeal candidate?
No — 707 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