NOT LISTED FOR SALE

Estimated Value: $318,000 - $328,616

2 Beds
2 Baths
1,153 Sq Ft
$252/mo HOA Fee

Last Sold October 30, 2023

Last sale price $330,000 $286 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,164/month

2 Days on Market

Highlights

  • Open Floorplan
  • Community Pool
  • Walk-In Closet
  • Myers Park High Rated A
  • Balcony
  • Laundry closet

About This Home

As of October 2023

Location, location, location! Just seconds from Park Road Shopping Center, the desirable community of Preston Flats has what you've been looking for. This top floor exterior facing unit has two bedrooms, two bathrooms and a split living concept. Spacious kitchen is complete with 42 inch cabinets, granite counters, stainless steel appliances and newer dishwasher and disposal. Airy living space extends to the private balcony. Primary bedroom features ensuite bathroom and oversized walk in closet. Guest bedroom maximizes storage with an upgraded closet system. In addition to the amenities, this is one of the only units with 2 ASSIGNED PARKING SPACES. Hvac was replaced in 2020.

Last Agent to Sell the Property

Jeremy Ordan

Howard Hanna Allen Tate Charlotte South Brokerage Email: jeremy.ordan@allentate.com License #280072 Listed on: 10/06/2023

Howard Hanna Allen Tate Charlotte South

Co-Listed By

Brittany Osborne

Howard Hanna Allen Tate Charlotte South Brokerage Email: jeremy.ordan@allentate.com License #287316

Last Buyer's Agent

Marie Demolein Rossetti

Keller Williams South Park License #348675

Keller Williams South Park

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2008

Lot Details

  • 4.82

HOA Fees

  • $252 Monthly HOA Fees

Parking

Home Design

  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,153 Sq Ft Home
  • 1-Story Property
  • Open Floorplan

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Electric Dryer Hookup

Outdoor Features

Schools

  • Pinewood Mecklenburg Elementary School
  • Alexander Graham Middle School
  • Myers Park High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 171-034-78

Community Details

Overview

  • Cedar Mgmt Association, Phone Number (704) 644-8808
  • Mid-Rise Condominium
  • Preston Flats Condos
  • Preston Flats Subdivision
  • Mandatory home owners association

Recreation

Amenities

  • Elevator

Property Details

Home Type

Condominium

Year Built

Built in 2008

Lot Details

0

HOA Fees

$252 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2008
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 286.21
  • Property Sub Type Additional: Mid-Rise
  • Geocode Confidence: High
  • Attribution Contact: jeremy.ordan@allentate.com
  • Special Features: None

Interior Features

  • Foundation Details: Other - See Remarks
  • Entry Level: 4
  • Fireplace: No
  • Interior Amenities: Cable Prewire, Elevator, Open Floorplan, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1153
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker
  • Above Grade Finished Sq Ft: 1153
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1153
  • Bedroom Main: 2
  • Room Count: 6

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Fiber Cement
  • Patio And Porch Features: Balcony

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Deck, Parking Garage, Parking Space(s)
  • Assigned Spaces: 2

Utilities

  • Heating: Electric, Forced Air
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Closet
  • Cooling: Central Air
  • Utilities: Electricity Connected
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Elevator, Gated, Outdoor Pool
  • Association Fee: 252.42
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Preston Flats
  • Senior Community: No
  • Association Name: Cedar Mgmt
  • Phone: 704-644-8808
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 3029.04

Schools

  • Middle Or Junior School: Alexander Graham
  • HOA Subject To: Required

Lot Info

  • Parcel Number: 171-034-78
  • Land Included Yn: 0
  • Lot Size: 0
  • Zoning Specification: R17MF

Rental Info

  • Pets Allowed: Yes

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2023
Closed on
Oct 30, 2023
Sold by
Vance Kathryn M
Bought by
Steven Dee Brown Separate Property Trust and Brown
Seller's Agent
Jeremy Ordan
Howard Hanna Allen Tate Charlotte South
Buyer's Agent
Marie Demolein Rossetti
Keller Williams South Park
List Price
$330,000
Sold Price
$330,000
Views
382
Current Estimated Value
$323,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,596
Avg. Annual Appreciation
-1.07%
Original Mortgage
$214,500
Outstanding Balance
$210,523
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$112,881

Purchase Details

Closed on
Mar 31, 2016
Sold by
Meritage Homes
Bought by
Vance Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
3.71%

Purchase Details

Closed on
Apr 28, 2010
Sold by
Gateway Homes Llc
Bought by
Collins Melissa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,124
Interest Rate
4.94%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Steven Dee Brown Separate Property Trust $330,000 Avista Title
Vance Kathryn -- --
Collins Melissa L $175,500 Meridian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steven Dee Brown Separate Property Trust $214,500
Previous Owner Vance Kathryn $156,000
Previous Owner Vance Kathryn --
Previous Owner Collins Melissa L $172,124
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2023 10/30/23 Sold $330,000 0.0% $286 / Sq Ft
10/06/2023 10/06/23 For Sale $330,000 -- $286 / 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 -- $289,747 -- $289,747
2024 -- $289,747 -- $289,747
2023 $2,264 $289,747 $0 $289,747
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: 4075395

Canopy MLS (Canopy Realtor® Association)

APN: 171-034-78