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2877 Vale Ave, Kannapolis, NC, 28081

3beds
3baths
1,324sqft
$255,000
$193price/sqft
$1,832/moest. monthly cost
$73,280/yrincome needed

About This Home

Left side of a nearly new duplex (built in 2023) with no HOA, situated on almost a quarter-acre lot with the best owner-neighbors you could ask for! This light-filled home features an open floor plan with LVP flooring throughout the main level, a spacious living area, and a modern kitchen with stainless steel appliances and granite countertops. Upstairs, the primary suite offers generous space, accompanied by two additional bedrooms and a full bath. Enjoy a grassy backyard with wooded acreage behind, providing privacy and a peaceful setting with birds and occasional deer. Located just 8 minutes from Downtown Kannapolis, you’ll have easy access to the Cannon Ballers stadium, West Avenue Social District, and Village Park. The West Avenue Social District features water elements, a putting green, open gathering spaces, restaurants, Old Armor Beer Company, Tipsy Hare Cidery, a speakeasy, arcade, boutique shopping, Chophouse 101, and Towel City Tavern. The stadium is a local favorite with a smokehouse, playground, splash pad, and year-round family fun. Village Park offers a summer concert series, double-decker carousel, and train rides. Kannapolis continues to grow with exciting new development including a Fairfield Inn, Harris Teeter, and indoor mini golf, along with year-round events, farmers markets, and craft shows. This is a rare opportunity to own a newer home with space, privacy, and unbeatable access to everything Kannapolis has to offer.

Getting Around

7
WalkingCar-Dependent
20
TransitMinimal Transit
21
BikeSomewhat Bikeable

Schools

4/10
Landis Elementary SchoolGrades K-51.7 mi
2/10
3/10
South Rowan High SchoolGrades 9-123.0 mi

Construction

Condition

  • Year built: 2023

Materials

  • Foundation: Crawl Space
  • Construction materials: Vinyl

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Electric Oven,Electric Range,Microwave,Refrigerator with Ice Maker
  • Laundry features: In Hall,Laundry Closet

Bathroom Full

  • Level: Upper

Bathroom Half

  • Level: Main

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Area

  • Level: Main

Features

  • Kitchen Island,Open Floorplan,Pantry
  • Window features: Insulated Windows,Window Treatments
  • Flooring: Carpet,Vinyl
  • Attic: Pull Down Stairs
  • Finished area below ground: 0
  • Finished area above ground: 1,324

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 1,324
  • Total interior livable area: 1,324 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Primary Bedroom

  • Level: Upper

Property

Details

  • Parcel number: 156012
  • Zoning: RV-
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Main

Lot

  • Lot size: 0.22 Acres
  • Features: Level

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm
Inland Flooding
Lightning
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters in Rowan County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,289$15,468
Home Insurance *$104$1,248
Property Taxes $239$2,868
Electricity $200$2,405
Total$1,832$21,984
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$62,811/yr
40% on housing$54,960/yr
45% on housing$48,853/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.7%
13.7%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 6.8%
6.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$193This listing

vs Other Active Listings

Avg $/sqft

ZIP 28081$146
Rowan County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 28081$194
Rowan County$178

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-28Price change$277,500
2026-04-09Listed for sale$285,000
2023-06-08Sold$258,500
2023-03-23Listing removed--
2023-03-15Listed for rent$1,800
2023-02-23Listed for sale$255,900
2023-02-16Listing removed--
2023-01-27Listed for sale$269,995
2021-06-04Sold$19,500

For Sale by Agent

AgentJenny DeHart
BrokerageLake Norman Realty, Inc.

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