518 Spring St is a 1,087 square foot condo with 2 bedrooms and 1 bathroom. Based on Redfin's Kannapolis data, we estimate the home's value is $137,535.
CondoProperty Type
1940Year Built
$127Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$137,535
$34K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 32.8% lower than the average sale price ($205K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$1,411
$27,310 + $96,930
$124,240
2024
$1,411 (+32.4%)
$27,310 + $96,930
$124,240
2023
$1,066
$22,560 + $55,230
$77,790
2022
$1,066
$22,560 + $55,230
$77,790
2021
$1,066
$22,560 + $55,230
$77,790
2020
$1,066 (+15.0%)
$22,560 + $55,230
$77,790
2019
$927 (+1.5%)
$22,560 + $55,230
$77,790
2018
$913 (+1.5%)
$17,810 + $49,850
$67,660
2017
$900
$17,810 + $49,850
$67,660
2016
$899 (+1.5%)
$17,810 + $49,850
$67,660
2015
$886 (+2.3%)
$17,810 + $49,850
$67,660
2014
$866 (+3.1%)
$19,000 + $47,640
$66,640
2013
$840
$19,000 + $47,640
$66,640
2012
$840 (−31.8%)
$19,000 + $47,640
$66,640
2011
$1,231
$19,000 + $47,640
$66,640
Tax history for 518 Spring St
Year
Property tax
Land + Additions
Assessment*
2025
$1,411
$27,310 + $96,930
$124,240
2024
$1,411 (+32.4%)
$27,310 + $96,930
$124,240
2023
$1,066
$22,560 + $55,230
$77,790
2022
$1,066
$22,560 + $55,230
$77,790
2021
$1,066
$22,560 + $55,230
$77,790
2020
$1,066 (+15.0%)
$22,560 + $55,230
$77,790
2019
$927 (+1.5%)
$22,560 + $55,230
$77,790
2018
$913 (+1.5%)
$17,810 + $49,850
$67,660
2017
$900
$17,810 + $49,850
$67,660
2016
$899 (+1.5%)
$17,810 + $49,850
$67,660
2015
$886 (+2.3%)
$17,810 + $49,850
$67,660
2014
$866 (+3.1%)
$19,000 + $47,640
$66,640
2013
$840
$19,000 + $47,640
$66,640
2012
$840 (−31.8%)
$19,000 + $47,640
$66,640
2011
$1,231
$19,000 + $47,640
$66,640
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
O-I
Office and Institutional District
1. The Office and Institutional District is established to provide for agencies and offices rendering specialized services and traditional institutional functions (both public and private) including, but not limited to, governmental facilities, cultural and recreational facilities, educational facilities and charitable institutions. To protect the low intensity character of this district, retail and wholesale trade are prohibited as permitted principal uses.
Property details
Interior
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Heating Type: Forced Air Not Ducted
Exterior
Exterior Information
Foundation Type: Continuous Footing
Building Construction Quality: Average
Exterior Wall: Brick Veneer
Roof Shape Type: Gable
Building Type: Residential
Property Information
Living Sq. Ft: 1,087
Ground Floor Sq. Ft: 1,087
Building Sq. Ft: 1,087
# of Stories: 1
Stories Type: 1
Legal Description: 518 SPRING ST 2.00LT
Lot Information
# of Buildings: 1
Land Sq. Ft: 7,500
Municipality Name: KANNAPOLIS
Acres: 0.1722
Depth Footage: 150
Front Footage: 50
Zoning Code: O-I
County Use Description: OFFICE
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 1,087
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1940
Year Renovated: 1975
County: Cabarrus County
APN: 56136666960000
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
GW Carver Elementary
Public K-5 • Assigned • 0.5mi
4/10
Kannapolis Middle
Public 7-8 • Assigned • 1.8mi
2/10
A. L. Brown High School
Public 9-12 • Assigned • 0.6mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 105° expected this year, 17 days in 30 years
4/10 Wind Factor
15% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Kannapolis, NC • 28083
Average low and high temperatures (°F)
48
28
56
35
70
45
77
53
78
58
88
67
92
72
82
66
81
62
73
50
65
43
53
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.3 hours in
June and 5.3 hours in December, which is comparable to the
U.S. average for solar exposure.
9.3 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$131,000 – $159,000
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