Welcome to this beautifully remodeled 3-bedroom, 2-bathroom home offering 1524 square feet of comfortable living space. This stunning property is only 1.2 miles from the ballpark and all that downtown Kannapolis has to offer and features a new roof, siding, paint, windows, carpeted bedrooms and luxurious LVP flooring in the living areas. The primary bedroom boasts a spacious ensuite bathroom, complete with double vanity, tiled shower and a walk-in closet for added convenience. Both secondary bedrooms are oversized with plenty of closet space. The well-appointed kitchen includes an island with seating, large walk-in pantry, granite counters and stainless appliances for all your culinary needs. Enjoy the outdoors from the small covered front porch or entertain guests on the back deck which features permanent seating for relaxation and social gatherings. $5,500 lender credit from Knorr Group of Alcova Mortgage when using them for financing.
Single-familyProperty Type
1930Year Built
8,712 sq ftLot Size
$189Est. Price/Sq.Ft.
Listed by Steve Nation• Wallace Realty
Listed by Tina Kirby• Wallace Realty
Contact: steve.wallacerealty@gmail.com
Bought with Greg Martin• MartinGroup Properties Inc
Perfect investor opportunity! This home was a single family home, converted to a duplex, and now back as a single family home. Best use would be a duplex. Already has two driveways. A fireplace is on each side and have been sealed off. Conditions unknown. Home has two water heaters. One is newer than the other. Per seller, original wood oak floors are under the floor coverings. Back yard is partially fenced in. The potential is limitless!
Public Records
Feb 1, 1979
Sold
$18,000
$12/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,399
$45,000 + $78,190
$123,190
2024
$1,399 (+85.7%)
$45,000 + $78,190
$123,190
2023
$753
$34,000 + $20,980
$54,980
2022
$753
$34,000 + $20,980
$54,980
2021
$753
$34,000 + $20,980
$54,980
2020
$753 (+145.8%)
$34,000 + $20,980
$54,980
2019
$306 (+1.5%)
$34,000 + $20,980
$54,980
2018
$302 (+1.5%)
$9,000 + $13,370
$22,370
2017
$298 (+0.2%)
$9,000 + $13,370
$22,370
2016
$297 (−52.3%)
$9,000 + $13,370
$22,370
2015
$623 (+2.3%)
$9,000 + $13,370
$22,370
2014
$609 (+3.1%)
$13,500 + $33,380
$46,880
2013
$591
$13,500 + $33,380
$46,880
2012
$591 (+3.9%)
$13,500 + $33,380
$46,880
2011
$568
$13,500 + $33,380
$46,880
Tax history for 518 Old Centergrove Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,399
$45,000 + $78,190
$123,190
2024
$1,399 (+85.7%)
$45,000 + $78,190
$123,190
2023
$753
$34,000 + $20,980
$54,980
2022
$753
$34,000 + $20,980
$54,980
2021
$753
$34,000 + $20,980
$54,980
2020
$753 (+145.8%)
$34,000 + $20,980
$54,980
2019
$306 (+1.5%)
$34,000 + $20,980
$54,980
2018
$302 (+1.5%)
$9,000 + $13,370
$22,370
2017
$298 (+0.2%)
$9,000 + $13,370
$22,370
2016
$297 (−52.3%)
$9,000 + $13,370
$22,370
2015
$623 (+2.3%)
$9,000 + $13,370
$22,370
2014
$609 (+3.1%)
$13,500 + $33,380
$46,880
2013
$591
$13,500 + $33,380
$46,880
2012
$591 (+3.9%)
$13,500 + $33,380
$46,880
2011
$568
$13,500 + $33,380
$46,880
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
1
Lot width
60 ft.
Lot depth
150 ft.
Lot size
9,000 Sq. Ft.
Year renovated
1975
Sq. Ft.
1,441
Year built
1930
Style
Multi-Family (2-4 Unit)
County
Cabarrus County
APN
56137731990000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
R8
Residential 8 District
The purpose of the Residential 8 (R8) District is to provide lands for neighborhoods that accommodate a mix of single family detached, duplex, and triplex dwellings; townhouses; and small-scale multifamily developments at a maximum density of eight units per acre. The district is intended to support a medium-density residential environment and
incorporate some context-sensitive neighborhood-oriented commercial, office, live-work, employment, community,
and educational development.
Permitted uses
Include but are not limited to:
Assembly / meeting place
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Other
Infrastructure-Other
Mixed use
Golf related
Park & open space
Property details
Parking
Parking Information
Main Level Garage Y/N: 0
Parking Features: Driveway
Interior
Bedroom Information
# of Bedrooms: Main: 3
# of Bedrooms: 3
Bathroom Information
# of Full Baths: Main: 2
# of Full Baths (Total): 2
Laundry Room Information
Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup