NOT LISTED FOR SALE

Estimated Value: $305,000 - $337,000

2 Beds
2 Baths
1,185 Sq Ft
$252/mo HOA Fee

Last Sold May 25, 2021

Last sale price $246,000 $208 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,225/month

3 Days on Market

Highlights

  • Gated Community
  • Hilly Lot
  • Elevator
  • Myers Park High Rated A
  • Community Pool
  • Tile Flooring

About This Home

As of May 2021

PRIME LOCATION! Beautiful 2 bed 2 bath condo in the highly desirable Preston Flats. Minutes from shopping (park road shopping center), entertainment (bars, restaurants, bowling alley, karaoke, movie theatre just minutes away on Montford and surrounding area), close access to 77 and MYERS PARK SCHOOL DISTRICT!!! Floor-plan is great for entertaining and the balcony over looks the pool. HVAC is 2018 and the home is MOVE IN READY! One covered space conveys with the property and there is ample parking in the community lot. In this market, nothing lasts long, and this beauty will be no exception.

Last Agent to Sell the Property

Matt Norman

Yancey Realty, LLC License #294248 Listed on: 04/12/2021

Last Buyer's Agent

Brian Bodmer

Keller Williams South Park License #277925

Keller Williams South Park

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2008

HOA Fees

  • $252 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Siding

Flooring

  • Tile
  • Vinyl Plank

Additional Features

  • 2 Full Bathrooms
  • Hilly Lot

Listing and Financial Details

  • Assessor Parcel Number 171-034-27

Community Details

Overview

  • Cedar Management Group Association, Phone Number (704) 644-8808

Recreation

Additional Features

  • Elevator
  • 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: 1 Story
  • Construction Status: Complete
  • Proposed Special Assessment Desc: 1,000 Special Assessment or Permanent 15% Increase to HOA dues
  • Proposed Special Assessment Yn: Yes
  • Ratio Close Price By List Price: 1.00408
  • Ratio Close Price By Original Li: 1.00408
  • Ratio Current Price By Sq Ft: 207.59
  • Unit Floor Level: 2
  • Year Built: 2008
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Concrete, Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
  • Flooring: Tile, Vinyl Plank
  • H O A Management Phone: 704-644-8808
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1185
  • Total Sq Ft: 1185

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Assigned Parking Space - 1, Lot

Utilities

  • Heating: Central Air, Electric Hot Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Elevator, Gated Community, Outdoor Pool
  • 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: Unspecified

Lot Info

  • Lot Features: Hilly
  • Parcel Number: 171-034-27
  • Zoning Specification: R17MF

Tax Info

  • Tax Value: 217800.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2021
Closed on
May 19, 2021
Sold by
Dotson Denis C
Bought by
Mott Elkins Stephanie Nicole
Seller's Agent
Matt Norman
Yancey Realty, LLC
Buyer's Agent
Brian Bodmer
Keller Williams South Park
List Price
$245,000
Sold Price
$246,000
Premium/Discount to List
$1,000
0.41%
Current Estimated Value
$324,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,770
Avg. Annual Appreciation
6.91%
Original Mortgage
$233,700
Outstanding Balance
$214,471
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$110,299

Purchase Details

Listed on
Jan 10, 2019
Closed on
Mar 1, 2019
Sold by
Sanders William and Sanders Kerry
Bought by
Dotson Denis C
Seller's Agent
Rob Whyte
Century 21 At The University
Buyer's Agent
Matt Norman
Yancey Realty, LLC
List Price
$223,900
Sold Price
$220,000
Premium/Discount to List
-$3,900
-1.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%
Original Mortgage
$160,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2008
Sold by
Gateway Homes Llc
Bought by
Sanders William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,168
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mott Elkins Stephanie Nicole $246,000 None Available
Dotson Denis C $220,000 Master Title Agency Llc
Sanders William $151,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mott Elkins Stephanie Nicole $233,700
Previous Owner Dotson Denis C $162,800
Previous Owner Dotson Denis C $160,000
Previous Owner Sanders William $108,750
Previous Owner Sanders William $121,168
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2021 05/25/21 Sold $246,000 +0.4% $208 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $245,000 +11.4% $207 / Sq Ft
03/01/2019 03/01/19 Sold $220,000 -1.7% $186 / Sq Ft
01/14/2019 01/14/19 Pending -- -- --
01/10/2019 01/10/19 For Sale $223,900 0.0% $189 / Sq Ft
07/22/2014 07/22/14 Rented $1,200 0.0% --
07/16/2014 07/16/14 Under Contract -- -- --
07/03/2014 07/03/14 For Rent $1,200 +9.1% --
06/23/2013 06/23/13 Rented $1,100 -8.3% --
05/24/2013 05/24/13 Under Contract -- -- --
05/06/2013 05/06/13 For Rent $1,200 -- --
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 $2,084 $265,165 $0 $265,165
2022 $2,227 $217,800 $0 $217,800
2021 $2,216 $217,800 $0 $217,800
2020 $2,209 $217,800 $0 $217,800
2019 $2,193 $217,800 $0 $217,800
2018 $2,194 $161,600 $35,000 $126,600
2017 $2,155 $161,600 $35,000 $126,600
2016 $2,145 $161,600 $35,000 $126,600
2015 $2,134 $161,600 $35,000 $126,600
2014 $2,115 $161,600 $35,000 $126,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3728265

Canopy MLS (Canopy Realtor® Association)

APN: 171-034-27