NOT LISTED FOR SALE

Estimated Value: $339,000 - $382,000

3 Beds
2 Baths
1,486 Sq Ft
$310/mo HOA Fee

Last Sold June 28, 2021

Last sale price $269,500 $181 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,493/month

1 Day on Market

Highlights

  • Gated Community
  • Engineered Wood Flooring
  • Elevator
  • Myers Park High Rated A
  • Community Pool
  • Storage Room

About This Home

As of June 2021

This 3 bedroom, 2 bathroom unit in Preston Flats is an absolute MUST SEE! One of the largest floor plans in this complex and only 4 units of its kind, it boasts over 1400 sqft, a large wrap around balcony, stainless steel appliances, updated paint, and separate storage unit! This gated community is conveniently located near Park Road Shopping Center, South Park Mall, and the light rail!

Last Agent to Sell the Property

Jenn Davis

Real Broker, LLC License #299578 Listed on: 06/11/2021

Real Broker, LLC

Last Buyer's Agent

Chelsea Ernst

Charlotte Living Realty License #321145

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2008

Lot Details

  • 4.83

HOA Fees

  • $310 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Storage Room

Flooring

  • Engineered Wood
  • Tile

Listing and Financial Details

  • Assessor Parcel Number 171-034-60

Community Details

Overview

  • Cedar Management Association
  • Mid-Rise Condominium

Recreation

Additional Features

  • Elevator
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 2008

Lot Details

0

HOA Fees

$310 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Mid-Rise
  • Ratio Close Price By List Price: 0.98000
  • Ratio Close Price By Original Li: 0.98000
  • Ratio Current Price By Sq Ft: 181.36
  • Special Assessment Description: $1000 paid by seller
  • Special Assessment Yn: Yes
  • Unit Floor Level: 3
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Foundation Details: Concrete
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Entry Level: Main
  • Equipment: Dishwasher, Disposal, Electric Dryer Hookup, Electric Range, Exhaust Fan, Microwave
  • Flooring: Carpet, Prefinished Wood, Tile
  • Laundry Location: Laundry Room
  • Room Count: 1
  • Sq Ft Additional: 17
  • Main Level Sq Ft: 1486
  • Total Sq Ft: 1486

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Storage Unit

Garage/Parking

  • Parking: Parking Garage, Parking Space - 2

Utilities

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

Condo/Co-op/Association

  • Community Features: Elevator, Gated Community, Outdoor Pool, Security
  • Association Fee: 310.43
  • Association Fee Frequency: Monthly
  • Complex Name: Preston Flats
  • HOA Management Company: Cedar Management
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Parcel Number: 171-034-60
  • Zoning Specification: R17MF

Tax Info

  • Tax Value: 244700.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Jun 28, 2021
Sold by
Martin Jessica G and Martin Mathew R
Bought by
Nature Preservation Trust
Seller's Agent
Jenn Davis
Real Broker, LLC
Buyer's Agent
Chelsea Ernst
Charlotte Living Realty
List Price
$275,000
Sold Price
$269,500
Premium/Discount to List
-$5,500
-2%
Current Estimated Value
$360,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,711
Avg. Annual Appreciation
7.41%

Purchase Details

Closed on
Oct 17, 2008
Sold by
Gateway Homes Llc
Bought by
Greene Jessica L and Martin Mathew R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,300
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage
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
Nature Preservation Trust $269,500 None Available
Greene Jessica L $214,000 Meridian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Betty Sue $300,000
Previous Owner Martin Jessica Greene $195,000
Previous Owner Greene Jessica L $203,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $269,500 -2.0% $181 / Sq Ft
06/13/2021 06/13/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $275,000 -- $185 / 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 $2,257 $288,673 $0 $288,673
2022 $2,487 $244,700 $0 $244,700
2021 $2,476 $244,700 $0 $244,700
2020 $2,469 $244,700 $0 $244,700
2019 $2,453 $244,700 $0 $244,700
2018 $2,633 $195,100 $35,000 $160,100
2017 $2,588 $195,100 $35,000 $160,100
2016 $2,579 $195,100 $35,000 $160,100
2015 $2,567 $195,100 $35,000 $160,100
2014 $2,545 $195,100 $35,000 $160,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3747237

Canopy MLS (Canopy Realtor® Association)

APN: 171-034-60