NOT LISTED FOR SALE

Estimated Value: $320,274 - $331,000

2 Beds
2 Baths
1,140 Sq Ft
$252/mo HOA Fee

Last Sold May 10, 2021

Last sale price $250,000 $219 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,229/month

2 Days on Market

Highlights

  • Gated Community
  • Wood Flooring
  • Dog Park
  • Myers Park High Rated A

About This Home

As of May 2021

Welcome to your new home in Madison Park, located just minutes from Park Road Shopping Center and easy access to all South end and South Park have to offer. This second story condo has a private balcony, hardwood floors in main living area, 42" cherry kitchen cabinets, stainless steel appliances, tiled bathrooms and walk-in closet in both bedrooms, plus ample storage throughout the unit. Refrigerator, washer and dryer convey.

Last Agent to Sell the Property

Catherine Tharp

Dickens Mitchener & Associates Inc License #295266 Listed on: 04/07/2021

Dickens Mitchener & Associates Inc

Last Buyer's Agent

Bob Rapp

NorthGroup Real Estate LLC License #226518

NorthGroup Real Estate LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2008

Lot Details

  • 4

HOA Fees

  • $252 Monthly HOA Fees

Home Design

  • Vinyl Siding

Additional Features

  • Wood Flooring
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 171-034-46

Community Details

Overview

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

Recreation

  • Dog Park

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
  • Construction Status: Complete
  • Proposed Special Assessment Desc: 15% increase per month
  • Proposed Special Assessment Yn: Yes
  • Ratio Close Price By List Price: 1.03306
  • Ratio Close Price By Original Li: 1.03306
  • Ratio Current Price By Sq Ft: 219.30
  • Unit Floor Level: 2
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Foundation Details: Concrete
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Convection Oven, Cooktop Electric, Dishwasher, Disposal, Dryer, Washer
  • Flooring: Carpet, Wood
  • H O A Management Phone: 7046448808
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1140
  • Total Sq Ft: 1140

Exterior Features

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

Garage/Parking

  • Parking: Assigned Parking Space - 1, Lot

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Dog Park, Gated Community
  • Association Fee: 252.21
  • Association Fee Frequency: Monthly
  • Complex Name: Preston Flats
  • HOA Management Company: Cedar Management Group
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Parcel Number: 171-034-46
  • Zoning Specification: R17MF

Tax Info

  • Tax Value: 223000.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
May 10, 2021
Sold by
Tsangaris Paul
Bought by
Addison John C
Seller's Agent
Catherine Tharp
Dickens Mitchener & Associates Inc
Buyer's Agent
Bob Rapp
NorthGroup Real Estate LLC
List Price
$242,000
Sold Price
$250,000
Premium/Discount to List
$8,000
3.31%
Current Estimated Value
$326,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,069
Avg. Annual Appreciation
6.71%
Original Mortgage
$200,000
Outstanding Balance
$183,164
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$145,175

Purchase Details

Listed on
Mar 29, 2018
Closed on
May 9, 2018
Sold by
Fu Meimei
Bought by
Tsangaris Paul
Seller's Agent
Casey Sherman
Yancey Realty, LLC
Buyer's Agent
Michael S Wong
Fathom Realty NC LLC
List Price
$235,000
Sold Price
$234,000
Premium/Discount to List
-$1,000
-0.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.22%
Original Mortgage
$217,550
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2008
Sold by
Gateway Homes Llc
Bought by
Fu Meimei and Meimei Fu Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Addison John C $250,000 Master Title Agency
Tsangaris Paul $234,000 Austin Title Lcl
Fu Meimei $198,000 Meridian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Addison John C $200,000
Previous Owner Tsangaris Paul $219,000
Previous Owner Tsangaris Paul $217,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2021 05/10/21 Sold $250,000 +3.3% $219 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $242,000 +3.4% $212 / Sq Ft
05/09/2018 05/09/18 Sold $234,000 -0.4% $203 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
03/29/2018 03/29/18 For Sale $235,000 -- $204 / 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 $260,653 $0 $260,653
2022 $2,278 $223,000 $0 $223,000
2021 $2,266 $223,000 $0 $223,000
2020 $2,259 $223,000 $0 $223,000
2019 $2,244 $223,000 $0 $223,000
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: CAR3726836

Canopy MLS (Canopy Realtor® Association)

APN: 171-034-46