NOT LISTED FOR SALE

Estimated Value: $248,000 - $261,000

4 Beds
2.5 Baths
1,251 Sq Ft
$204/Sq Ft Est. Value

Last Sold February 20, 2019

Last sale price $105,000 $84 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $1,474/month

2 Days on Market

About This Home

As of February 2019

Calling all investors!! TLC is needed. This home has had great rental history from previous owners. Brick ranch offering 4 bedrooms, 2.5 bathrooms, cozy floor plan. Great size lot, convenient to I-485 & I-85, uptown, shopping and dining. Great potential to be had. Sold AS IS, WHERE IS as of the day of showing. No repairs will be made. Utilities are not on and buyer will need to turn them on for inspections.

Last Agent to Sell the Property

Sarah Rutkowski

RE/MAX Executive License #207268 Listed on: 02/01/2019

RE/MAX Executive

Last Buyer's Agent

Robb Hoover

Robb Hoover LLC License #202515

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • 0.31

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Insulated Windows
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 055-144-07

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.05000
  • Ratio Close Price By Original Li: 1.05000
  • Ratio Current Price By Acre: 338709.68
  • Ratio Current Price By Sq Ft: 83.93
  • Year Built: 1969
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Electric Range, Refrigerator, Electric Oven
  • Flooring: Vinyl, Wood
  • Interior Amenities: Attic Other, Pantry
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1251
  • Total Sq Ft: 1251

Exterior Features

  • Construction: Brick Full, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Asphalt
  • Parking: Parking Space - 2

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Schools

  • Elementary School: Whitewater Academy
  • Middle School: Whitewater
  • High School: West Mecklenburg

Lot Info

  • Lot Dimension: 75x177x95x151
  • Lot Size Area: 0.310
  • Parcel Number: 055-144-07
  • Plat Book Slide: 14
  • Plat Reference Section Pages: 485
  • Zoning Specification: R4

Tax Info

  • Tax Value: 125600.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2019
Closed on
Feb 19, 2019
Sold by
Hoffman Home Investments I Llc
Bought by
Preferred Homes Of Charlotte Llc
Seller's Agent
Sarah Rutkowski
RE/MAX Executive
Buyer's Agent
Robb Hoover
Robb Hoover LLC
List Price
$100,000
Sold Price
$105,000
Premium/Discount to List
$5,000
5%
Current Estimated Value
$245,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,511
Avg. Annual Appreciation
14.74%
Original Mortgage
$45,000,000
Outstanding Balance
$39,642,646
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$39,387,062

Purchase Details

Closed on
Dec 12, 2018
Sold by
Chavis Clark Tony Ray and Chavis Clark Joyce
Bought by
Hoffman Home Investment I Llc

Purchase Details

Closed on
Jul 25, 2007
Sold by
Wells Fargo Bank Na
Bought by
Clark Tony Ray and Clark Joyce Chavis

Purchase Details

Closed on
Apr 3, 2007
Sold by
Gallman Louis F
Bought by
Wells Fargo Bank Na and Carrington Mortgage Loan Trust Series 20

Purchase Details

Closed on
Nov 15, 2005
Sold by
Luxury Home Investments Llc
Bought by
Gallman Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,250
Interest Rate
9.15%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 9, 2005
Sold by
Fannie Mae
Bought by
Luxury Home Investments Llc

Purchase Details

Closed on
Nov 8, 2004
Sold by
Massey Juan
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 17, 2003
Sold by
Jvs Properties Inc
Bought by
Massey Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,350
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2003
Sold by
Deutsche Bank National Trust Co
Bought by
Jvs Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2002
Sold by
Johnson Lasundra Y
Bought by
Deutsche Bank National Trust Co and Vendee Mortgage Trust 1999-2

Purchase Details

Closed on
Mar 9, 2000
Sold by
Johnson La Sundra Y
Bought by
Wright Jason D

Purchase Details

Closed on
Mar 24, 1999
Sold by
Va
Bought by
Johnson La Sundra Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,300
Interest Rate
6.75%
Mortgage Type
VA
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
Preferred Homes Of Charlotte Llc $105,000 None Available
Hoffman Home Investment I Llc $80,000 None Available
Clark Tony Ray $70,000 None Available
Wells Fargo Bank Na $85,000 None Available
Gallman Louis $90,000 --
Luxury Home Investments Llc -- Commonwealth Land Title Comp
Federal National Mortgage Association $95,399 --
Massey Juan $93,000 Chicago Title Insurance Comp
Jvs Properties Inc $55,000 --
Deutsche Bank National Trust Co $63,080 --
Wright Jason D -- --
Johnson La Sundra Y $73,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Preferred Homes Of Charlotte L $15,000,000
Open Preferred Homes Of Charlotte Llc $45,000,000
Previous Owner Gallman Louis $89,250
Previous Owner Massey Juan $88,350
Previous Owner Jvs Properties Inc $55,000
Previous Owner Johnson La Sundra Y $73,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2019 02/20/19 Sold $105,000 +5.0% $84 / Sq Ft
02/03/2019 02/03/19 Pending -- -- --
02/01/2019 02/01/19 For Sale $100,000 -- $80 / 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 $1,557 $185,400 $50,000 $135,400
2022 $1,341 $126,000 $30,000 $96,000
2021 $1,330 $126,000 $30,000 $96,000
2020 $1,319 $125,600 $30,000 $95,600
2019 $1,304 $125,600 $30,000 $95,600
2018 $1,014 $71,700 $13,500 $58,200
2017 $991 $71,700 $13,500 $58,200
2016 $982 $71,700 $13,500 $58,200
2015 -- $71,100 $13,500 $57,600
2014 $975 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3470737

Canopy MLS (Canopy Realtor® Association)

APN: 055-144-07