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512 Florence Ave, Kannapolis, NC, 28083

2beds
1baths
958sqft
$250,000
$261price/sqft
$1,812/moest. monthly cost
$72,480/yrincome needed

About This Home

Don't miss this beautifully updated Kannapolis gem! Tucked away on a quiet peaceful street, this home offers the perfect mix of modern upgrades and classic "Carolina" charm. From the moment you pull up, the rocking chair front porch invites you to slow down, relax and enjoy a glass of sweet tea. Step inside to a bright cozy layout with recent updates including low maintenance LVP flooring, fresh neutral paint, and newer windows. The spacious eat in kitchen is a true highlight with soft close cabinets and drawers and modern finishes. The floorplan includes two comfortably sized bedrooms, and a well appointed full bathroom. Out back you will find a generous yard on a large lot with plenty of room to play or entertain along with a two car detached garage. Location is everything and here you are just minutes away from local schools, grocery shopping and the downtown Kannapolis. Catching a game at Atrium Health Ballpark to watch the Cannon Ballers play is a breeze making your weekend effortless and fun!

Getting Around

16
WalkingCar-Dependent
20
TransitMinimal Transit
25
BikeSomewhat Bikeable

Schools

9/10
Jackson Park ElementaryGrades K-50.8 mi
2/10
Kannapolis MiddleGrades 7-83.6 mi
2/10
A. L. Brown High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Crawl Space
  • Construction materials: Vinyl

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Electric Water Heater,Microwave,Refrigerator
  • Laundry features: Utility Room

Bathroom Full

  • Level: Main

Bedroom S

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Features

  • Finished area below ground: 0
  • Finished area above ground: 958

Heating & Cooling

  • Heating features: Central,Heat Pump
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 958
  • Total interior livable area: 958 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 56247023370000
  • Zoning: RM-2
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 0.40 Acres

Parking

  • Total spaces: 4
  • Parking features: Detached Carport,Driveway,Detached Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 4
  • Has uncovered spaces: Yes
  • Carport: Yes
  • Carport spaces: 2

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

  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Ice Storm

FEMA Declared Disasters in Cabarrus 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 $1,264$15,168
Home Insurance *$114$1,368
Property Taxes $234$2,808
Electricity $200$2,405
Total$1,812$21,744
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$62,125/yr
40% on housing$54,360/yr
45% on housing$48,320/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: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$261This listing

vs Other Active Listings

Avg $/sqft

ZIP 28083$130
Cabarrus County$177

vs Homes Sold Last Month

Median $/sqft

ZIP 28083$199
Cabarrus County$199

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
2026-07-02Listed for sale$250,000
2024-05-03Sold$225,000
2024-03-01Listed for sale$225,000
2023-04-13Sold$126,000

For Sale by Agent

AgentMichelle Selvey
BrokerageNextHome Olive Branch Real Estate

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