$355,000
SOLD MAY 22, 2025
4 Beds
4 Baths
1,286 Sq Ft
$265/mo HOA Fee

Recently Sold

$276 Per Sq Ft

1% Below List Price

30 Days on Market

About This Home

As of May 2025

This 2nd floor condominium, boasting 4 bedrooms and 4 bathrooms, located within walking distance of UNC Charlotte offers a fantastic opportunity for investors. Each spacious bedroom features a private bathroom, walk-in closet, and individual locking door. The shared living space includes a spacious common area, kitchen, a dedicated laundry room with a full-size washer and dryer, and balcony. Separate leases for each room provide flexibility and consistent rental income potential. Four parking permits are included for use in the community lot. New HVAC installed on 12/31/21. New kitchen countertops in 2024, and fresh wall paint this month. Conveniently situated near I-485, I-85 and the light rail, for ease of travel, and is also within walking distance or a short bike ride to UNCC campus, shopping, dining, and entertainment.Please do not disturb tenants. Property is being sold As-Is.

Last Agent to Sell the Property

Erica Phillips

Propeos Real Estate LLC Brokerage Email: erica@propeosrealestate.com License #269886 Listed on: 04/13/2025

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,716

Year Built

  • Built in 1997

HOA Fees

  • $265 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,286 Sq Ft Home
  • 3-Story Property
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Open Parking Spaces
  • Parking Lot

Schools

  • University Meadows Elementary School
  • James Martin Middle School
  • Julius L. Chambers High School

Utilities

  • Electric Water Heater

Community Details

  • William Douglas Association, Phone Number (704) 347-8900
  • University Terrace North Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 051-335-45

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,716

Year Built

Built in 1997

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1997
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Three
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 276.05
  • Geocode Confidence: High
  • Attribution Contact: erica@propeosrealestate.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 2
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1286
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1286
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Living Area: 1286
  • Bedroom Main: 4
  • Room Count: 7

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Parking Lot

Utilities

  • Heating: Electric
  • Sewer: Public Sewer
  • Laundry Features: In Unit
  • Cooling: Electric
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 265
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: William Douglas
  • Phone: 704-347-8900
  • ResoAssociationFeeFrequency: Monthly
  • Association Email: info@wmdouglas.com

Association/Amenities

  • Association Annual Expense: 3180.00

Schools

  • Middle Or Junior School: James Martin
  • HOA Subject To: Required

Lot Info

  • Parcel Number: 051-335-45
  • Zoning: R12MFCD
  • Land Included Yn: 0
  • Development Status: Completed
  • Additional Parcels: No
  • Zoning Specification: R-12MF

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: University Meadows
  • High School: Julius L. Chambers

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2025
Closed on
May 20, 2025
Sold by
Phillips Rebecca and Heuman Philip
Bought by
Exclusive Property Investments Llc
Seller's Agent
Erica Phillips
Propeos Real Estate LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$359,000
Sold Price
$355,000
Premium/Discount to List
-$4,000
-1.11%
Views
12
Current Estimated Value
$353,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,991
Avg. Annual Appreciation
-1.86%
Original Mortgage
$320,000
Outstanding Balance
$241,970
Interest Rate
6.62%
Mortgage Type
Construction
Estimated Equity
$111,039

Purchase Details

Closed on
Jan 6, 2003
Sold by
Harrelson Robert E and Harrelson Wanda C
Bought by
Phillips Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,740
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $355,000 None Listed On Document
Warranty Deed $355,000 None Listed On Document
Condominium Deed $89,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $320,000 Construction
Closed $320,000 Construction
Previous Owner $79,740 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 Sold $355,000 -1.1% $276 / Sq Ft
04/13/2025 04/13/25 For Sale $359,000 -- $279 / 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 $1,716 $206,397 -- $206,397
2024 $1,716 $206,397 -- $206,397
2023 $1,716 $206,397 $0 $206,397
2022 $1,176 $108,900 $0 $108,900
2021 $1,165 $108,900 $0 $108,900
2020 $1,051 $108,900 $0 $108,900
2019 $1,142 $108,900 $0 $108,900
2018 $1,187 $84,900 $11,300 $73,600
2017 $1,162 $84,900 $11,300 $73,600
2016 $1,152 $84,900 $11,300 $73,600
2015 $1,141 $84,900 $11,300 $73,600
2014 $1,129 $84,900 $11,300 $73,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4246620

Canopy MLS (Canopy Realtor® Association)

APN: 051-335-45