NOT LISTED FOR SALE

Estimated Value: $334,000 - $355,813

3 Beds
2 Baths
1,358 Sq Ft
$297/mo HOA Fee

Last Sold March 25, 2020

Last sale price $246,000 $181 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,349/month

3 Days on Market

Highlights

  • Gated Community
  • Transitional Architecture
  • Community Pool
  • Myers Park High Rated A
  • Engineered Wood Flooring
  • Elevator

About This Home

As of March 2020

Easy living at the gated Preston Flats community! This 3 bedroom/2 bathroom condo is move-in ready. Brand new carpet in hallway and bedrooms and fresh paint throughout. Great open concept floorplan with spacious bedrooms and bathrooms. Balcony faces back of property overlooking wooded area and community pool. Fabulous location conveniently located near Park Road shopping center, LoSo, South End, Uptown! Gated community with pool. This unit comes with an assigned parking space and an additional guest pass is available.

Last Agent to Sell the Property

Brandon Lawn

Brandon Lawn Real Estate LLC License #311992 Listed on: 02/11/2020

Last Buyer's Agent

Judy Simmons

Daedalus Realty LLC License #141886

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2008

Lot Details

  • 4.82

HOA Fees

  • $297 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Slab Foundation

Kitchen

  • Breakfast Bar

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 171-034-52

Community Details

Overview

  • Cedar Management Association, Phone Number (877) 252-3327
  • Mid-Rise Condominium

Recreation

  • Dog Park

Additional Features

  • Elevator
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 2008

Lot Details

0

HOA Fees

$297 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Mid-Rise
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.98597
  • Ratio Close Price By Original Li: 0.98597
  • Ratio Current Price By Sq Ft: 181.15
  • Unit Floor Level: 3
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Entry Level: Main
  • Equipment: Disposal, Dishwasher, Electric Range, Microwave, Electric Oven
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: 877-252-3327
  • Interior Amenities: Breakfast Bar, Garden Tub, Pantry
  • Laundry Location: Closet, Kitchen
  • Room Count: 1
  • Sq Ft Additional: 68
  • Main Level Sq Ft: 1358
  • Total Sq Ft: 1358

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Parking: Assigned Parking Space - 1

Utilities

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

Condo/Co-op/Association

  • Community Features: Dog Park, Elevator, Gated Community, Outdoor Pool
  • Association Fee: 297.00
  • Association Fee Frequency: Monthly
  • Complex Name: Preston Flats
  • HOA Management Company: Cedar Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Pinewood Mecklenburg
  • Middle School: Sedgefield
  • High School: Myers Park

Lot Info

  • Parcel Number: 171-034-52
  • Zoning Specification: R17MF

Tax Info

  • Tax Value: 244800.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2020
Closed on
Mar 23, 2020
Sold by
Lucier Jeanette E
Bought by
Moss Taylor
Seller's Agent
Brandon Lawn
Brandon Lawn Real Estate LLC
Buyer's Agent
Judy Simmons
Daedalus Realty LLC
List Price
$249,500
Sold Price
$246,000
Premium/Discount to List
-$3,500
-1.4%
Current Estimated Value
$348,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,453
Avg. Annual Appreciation
6.56%
Original Mortgage
$238,620
Interest Rate
3.5%
Mortgage Type
New Conventional
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
Moss Taylor $246,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moss Taylor $243,750
Closed Moss Taylor $238,620
Previous Owner Lucier Michael F $156,434
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2020 03/25/20 Sold $246,000 -1.4% $181 / Sq Ft
02/14/2020 02/14/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $249,500 -- $184 / 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
2025 $2,340 $288,805 -- $288,805
2024 $2,340 $288,805 -- $288,805
2023 $2,258 $288,805 $0 $288,805
2022 $2,488 $244,800 $0 $244,800
2021 $2,477 $244,800 $0 $244,800
2020 $2,469 $244,800 $0 $244,800
2019 $2,454 $244,800 $0 $244,800
2018 $2,634 $195,200 $35,000 $160,200
2017 $2,590 $195,200 $35,000 $160,200
2016 $2,580 $195,200 $35,000 $160,200
2015 $2,569 $195,200 $35,000 $160,200
2014 $2,546 $195,200 $35,000 $160,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3589290

Canopy MLS (Canopy Realtor® Association)

APN: 171-034-52