Preston Flats 1000 E Woodlawn Rd Unit 123 Charlotte, NC 28209
Madison Park NeighborhoodEstimated Value: $310,000 - $361,000
2
Beds
2
Baths
1,142
Sq Ft
$306/mo
HOA Fee
Highlights
- In Ground Pool
- Open Floorplan
- Covered patio or porch
- Myers Park High Rated A
- Traditional Architecture
- Balcony
About This Home
As of January 2024GREAT INVESTMENT OPPORTUNITY! Location, location location in popular Madison Park close to Park Road Shopping Center, Montford, SouthEnd, South Park and the light rail! Located in Preston Flats - a gated community offering covered parking, in-ground pool and dog park - this premium condo offers one of the largest balconies in the area facing the quiet back side of complex overlooking the pool. Inside features an open concept, split level floor plan with high ceilings, custom plantation shutters, granite countertops, all stainless appliancees, newer LVP flooring, 42-inch cabinets, and spacious bedrooms each with en-suite bathrooms. Washer/Dryer and Refrigerator to convey. Great opportunity to live in one of South CLT’s most popular areas at an affordable price!
Last Agent to Sell the Property
Allen Tate Lake Norman Brokerage Email: Ashley.Richardson@AllenTate.com License #268562 Listed on: 10/19/2023
Last Buyer's Agent
Keegan Orr
EXP Realty LLC Ballantyne License #327298
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,051
Year Built
- Built in 2008
Lot Details
- 4
HOA Fees
- $306 Monthly HOA Fees
Parking
- 2 Parking Garage Spaces
- 1 Open Parking Space
- Parking Lot
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 1,142 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Laundry Room
Kitchen
- Oven
- Electric Cooktop
- Range Hood
- Dishwasher
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
Outdoor Features
- In Ground Pool
- Covered patio or porch
Schools
- Pinewood Mecklenburg Elementary School
- Alexander Graham Middle School
- Myers Park High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 171-034-23
Community Details
Overview
- Cedar Management Association, Phone Number (704) 644-8808
- Preston Flats Condos
- Preston Flats Subdivision
- Mandatory home owners association
Recreation
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 19, 2023
Closed on
Jan 2, 2024
Sold by
Purnshotham Samatha K and Purnshotham Abhijith K
Bought by
Holder Stacey Ann
Seller's Agent
Ashley Richardson
Allen Tate Lake Norman
Buyer's Agent
Keegan Orr
EXP Realty LLC Ballantyne
List Price
$345,000
Sold Price
$337,000
Premium/Discount to List
-$8,000
-2.32%
Total Days on Market
30
Views
174
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,230
Avg. Annual Appreciation
-0.26%
Original Mortgage
$326,890
Outstanding Balance
$323,043
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$12,727
Purchase Details
Listed on
Jul 9, 2021
Closed on
Jun 30, 2021
Sold by
Lizarazd Angeica and Salcedo Alejandro Ruiz
Bought by
Purushotham Samatha K and Purushotham Srinivas Abhijith
Seller's Agent
Ashley Richardson
Allen Tate Lake Norman
Buyer's Agent
Erika Pitman
Keller Williams South Park
Sold Price
$1,695
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.85%
Original Mortgage
$188,437
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 26, 2008
Sold by
Gateway Homes Llc
Bought by
Lizarazo Angelica
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,949
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Charlotte, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Holder Stacey Ann | $337,000 | Tryon Title | |
| Purushotham Samatha K | $255,000 | None Available | |
| Lizarazo Angelica | $210,500 | Meridian Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Holder Stacey Ann | $326,890 | |
| Previous Owner | Purushotham Samatha K | $188,437 | |
| Previous Owner | Lizarazo Angelica | $199,950 | |
| Previous Owner | Lizarazo Angelica | $203,949 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/02/2024 01/02/24 | Sold | $337,000 | -0.6% | $295 / Sq Ft |
| 10/31/2023 10/31/23 | Price Changed | $339,000 | -1.7% | $297 / Sq Ft |
| 10/19/2023 10/19/23 | For Sale | $345,000 | 0.0% | $302 / Sq Ft |
| 08/25/2021 08/25/21 | Rented | $1,695 | 0.0% | -- |
| 08/18/2021 08/18/21 | Price Changed | $1,695 | -5.6% | $1 / Sq Ft |
| 07/16/2021 07/16/21 | Price Changed | $1,795 | -5.3% | $2 / Sq Ft |
| 07/09/2021 07/09/21 | For Rent | $1,895 | 0.0% | -- |
| 07/07/2021 07/07/21 | Sold | $255,000 | +4.1% | $223 / Sq Ft |
| 05/20/2021 05/20/21 | Pending | -- | -- | -- |
| 05/19/2021 05/19/21 | For Sale | $245,000 | -- | $215 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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
-
Ashley Richardson
Seller's Agent in 2024
Ashley Richardson
Allen Tate Realtors
(704) 819-1027
2 in this area
71 Total Sales
-
K
Buyer's Agent in 2024
Keegan Orr
EXP Realty LLC Ballantyne
(704) 281-2002
-
McSwain Bell
Seller's Agent in 2021
McSwain Bell
Cottingham Chalk
(704) 651-8669
5 in this area
114 Total Sales
-
Anne Bell
Seller Co-Listing Agent in 2021
Anne Bell
Cottingham Chalk
(704) 654-0979
6 in this area
163 Total Sales
-
Erika Pitman
Buyer's Agent in 2021
Erika Pitman
Keller Williams South Park
(704) 576-1671
2 in this area
82 Total Sales
About Preston Flats
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4078147
APN: 171-034-23
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