NOT LISTED FOR SALE

Estimated Value: $304,000 - $341,000

2 Beds
2 Baths
1,200 Sq Ft
$252/mo HOA Fee

Last Sold September 02, 2020

Last sale price $225,000 $188 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,215/month

6 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Wood Flooring
  • Myers Park High Rated A
  • Open Floorplan
  • Lawn

About This Home

As of September 2020

Location, Location, Location! 2 Bedroom, 2 Bathroom Condo in Preston Flats. Close to Park Road Shopping Center, South Park, and Southend. Open, split-bedroom floorplan. Laundry is located off the entryway. Kitchen features white cabinets with tons of storage, tile floor, breakfast bar, pantry, and views into the living area. Spacious living area with tons of natural light and access to your own private back patio has gate that gives entry to green space. The master bedroom has an en-suite bathroom with a walk-in closet. Second bedroom with an en-suite bathroom. Bathroom has additional access from the entryway that is perfect for guests. HVAC unit was replaced in 2018 and carpet in both bedrooms was replaced in 2017. Don't miss your opportunity to live in this popular area!

Last Agent to Sell the Property

Misty Hurd

EXP Realty LLC Ballantyne License #284453 Listed on: 07/24/2020

EXP Realty LLC Ballantyne

Last Buyer's Agent

Lizz Baxter

COMPASS License #295167

COMPASS

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2008

Lot Details

  • 4.83

HOA Fees

  • $252 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Window Treatments
  • <<OvenToken>>

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath

Additional Features

  • In Ground Pool
  • Lawn
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 171-034-11

Community Details

Overview

  • Cedar Management Group Association
  • Mid-Rise Condominium

Recreation

  • Recreation Facilities

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 2008

Lot Details

0

HOA Fees

$252 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Mid-Rise
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 187.50
  • Unit Floor Level: 4
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Disposal, Dryer, Electric Dryer Hookup, Electric Oven, Electric Range, Exhaust Fan, Oven, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Cable Available, Garden Tub, Open Floorplan, Pantry, Split BR Plan, Walk-In Closet(s), Window Treatments
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1200
  • Total Sq Ft: 1200

Exterior Features

  • Construction: Brick Full, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Elevator, Lawn Maintenance, Pool-In-Ground

Garage/Parking

  • Parking: Lot, Parking Space - 1

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Gated Community, Recreation Area
  • Association Fee: 252.42
  • Association Fee Frequency: Monthly
  • Complex Name: Preston Flats
  • HOA Management Company: Cedar Management Group
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Pinewood Mecklenburg
  • Middle School: Alexander Graham
  • High School: Myers Park

Lot Info

  • Parcel Number: 171-034-11
  • Zoning Specification: R17MF

Tax Info

  • Tax Value: 217300.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Sep 2, 2020
Sold by
Hardwick Adrienne C and Cheeseman Tadd
Bought by
Kellen Elizabeth Hope
Seller's Agent
Misty Hurd
EXP Realty LLC Ballantyne
Buyer's Agent
Lizz Baxter
COMPASS
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$323,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,565
Avg. Annual Appreciation
7.76%
Original Mortgage
$218,250
Outstanding Balance
$196,197
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$127,368

Purchase Details

Closed on
Apr 19, 2013
Sold by
Peake Knox
Bought by
Hardwick Adrienne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2009
Sold by
Gateway Homes Llc
Bought by
Peake Knox
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kellen Elizabeth Hope $225,000 Cardinal Title Center
Hardwick Adrienne C $145,000 None Available
Peake Knox $163,000 Meridian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kellen Elizabeth Hope $218,250
Previous Owner Hardwick Adrienne C $130,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2020 09/02/20 Sold $225,000 0.0% $188 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $225,000 -- $188 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $2,051 $260,586 $0 $260,586
2022 $2,223 $217,300 $0 $217,300
2021 $2,211 $217,300 $0 $217,300
2020 $2,204 $217,300 $0 $217,300
2019 $2,189 $217,300 $0 $217,300
2018 $2,191 $161,400 $35,000 $126,400
2017 $2,152 $161,400 $35,000 $126,400
2016 $2,143 $161,400 $35,000 $126,400
2015 $2,131 $161,400 $35,000 $126,400
2014 $2,112 $161,400 $35,000 $126,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3644284

Canopy MLS (Canopy Realtor® Association)

APN: 171-034-11