CABARRUS COUNTY, NC 4/4/2026 8:58:41 AM
KANNAPOLIS PROPERTIES LLC   Return/Appeal Notes:   Parcel: 5613 62 9004 0000
1403 S RIDGE AVE UNIT A KANNAPOLIS NC 28083 PLAT: 00000/00000
137495     ID NO: 04 061 0045.00 0000
COUNTY TAX (100), KANNAPOLIS CITY TAX (100)        CARD NO. 1 of 3  
Reval Year: 2024 Tax Year: 2025 EAST SIDE S RIDGE AVE 1.0000 LT   SRC= Estimated
Appraised by 24 on 01/05/2024 50003 NORTH 29A TW-04 CI-04 FR-00 EX- AT- LAST ACTION 20240123
CONSTRUCTION DETAIL MARKET VALUE   DEPRECIATION CORRELATION OF VALUE
Foundation - 3
Continuous Footing 4.00
Sub Floor System - 2
Slab on Grade-Residential/Commercial 5.00
Exterior Walls - 10
Aluminum/Vinyl Siding 24.00
Roofing Structure - 03
Gable 8.00
Roofing Cover - 03
Asphalt or Composition Shingle 2.00
Interior Wall Construction - 5
Drywall/Sheetrock 22.00
Interior Floor Cover - 09
Pine or Soft Woods 6.00
Interior Floor Cover - 14
Carpet 0.00
Heating Fuel - 04
Electric 1.00
Heating Type - 10
Heat Pump 4.00
Air Conditioning Type - 03
Central 5.00
Commercial Heat & Air - 3
Split Units 0.00
Structural Frame - 02
Wood Frame 3.00
Ceiling & Insulation - 07
Not Suspended - Ceiling and Wall Insulated 4.00
Average Rooms Per Floor - 3
Average Rooms Per Floor 0.00
Common Wall Percentage -  
Points -8.00
Unit Count - 2
Units 0.00
Condo Land Type - 11
Suburban - No View 0.00
Half-Bathrooms
BAS - 0 FUS - 0 LL - 0 _
Plumbing Fixtures
10.00 8.000
Office
BAS - 0 FUS - 0 LL - 0 0
TOTAL POINT VALUE 88.000
BUILDING ADJUSTMENTS
Quality 3 Average 1.0000
Shape/Design 4 MF4 1.0400
Size Size Size 1.1000
TOTAL ADJUSTMENT FACTOR 1.140
TOTAL QUALITY INDEX 100
USE MOD Eff. Area QUAL BASE RATE RCN EYB AYB
   Standard  0.01000
CREDENCE TO MARKET
62 05 1,895 100 151.00 286145 2023 2023 % GOOD 99.0
DEPR. BUILDING VALUE - CARD 283,280
TYPE: APARTMENT - DUPLEX/TRIPLEX APARTMENTS
STYLE: 3 - 2.0 Stories
 

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DEPR. OB/XF VALUE - CARD 135,850
MARKET LAND VALUE - CARD 94,130
TOTAL MARKET VALUE - CARD 513,260
TOTAL APPRAISED VALUE - CARD 513,260
TOTAL APPRAISED VALUE - PARCEL 1,079,820
TOTAL PRESENT USE VALUE - PARCEL 0
TOTAL VALUE DEFERRED - PARCEL 0
TOTAL TAXABLE VALUE - PARCEL $ 1,079,820
PRIOR
BUILDING VALUE 3,100
OBXF VALUE 270
LAND VALUE 64,600
PRESENT USE VALUE 0
DEFERRED VALUE 0
TOTAL VALUE 67,970
PERMIT
CODE DATE NOTE NUMBER AMOUNT
ROUT: WTRSHD:
SALES DATA
OFF. RECORD DATE DEED TYPE Q/U V/I INDICATE SALES PRICE
BOOK PAGE MO YR
1315 0260 9 1994 WD Q I 32000
15935 0207 3 2022 GW A I 182000
HEATED AREA 1,920
NOTES
 
SUBAREA
TYPE GS AREA % RPL CS
BAS 960 100 144960
FOP 32 040 1963
FUS 960 095 137712
PTO 192 005 1510
FIREPLACE 1 - None 0
SUBAREA TOTALS 2,144   286,145
CODE QUALITY DESCRIPTION COUNT LTH WTH UNITS UNIT PRICE ORIG % COND BLDG# SIZE FACT AYB EYB ANN DEP RATE OVR % COND OB/XF DEPR. VALUE
10 C PAVING CON   0 0 20,000 6.50 100 1 1.10 2023 2023 S5   95 135850
TOTAL OB/XF VALUE 135,850
BUILDING DIMENSIONS BAS=S30W20W12N30E32Area:960;FUS=W32S30E32N30Area:960;FOP=S4E8N4W8Area:32;PTO=N8W12S8E12Area:96;PTO=N8E12S8W12Area:96;Tot talArea:2144  
LAND INFORMATION
HIGHEST AND BEST USE USE CODE LOCAL ZONING FRON TAGE DEPTH DEPTH / SIZE LND MOD COND FACT OTHER ADJUSTMENTS AND NOTES
  RF   AC   LC  TO  OT 		ROAD
TYPE 		LAND UNIT PRICE TOTAL LAND UNITS UNT TYP TOTAL ADJST ADJUSTED UNIT PRICE LAND VALUE OVERRIDE VALUE LAND NOTES
COMMERCIAL 0700 GC 111 186 1.0600 2 1.0000
   		PS 800.00 111.000 FF 1.060 848.00 94128 0  
TOTAL MARKET LAND DATA     94,130  
TOTAL PRESENT USE DATA