NOT LISTED FOR SALE

10243 University Park Ln Charlotte, NC 28213

Newell Neighborhood

Estimated Value: $250,000 - $256,000

2 Beds
2.5 Baths
1,212 Sq Ft
$208/Sq Ft Est. Value

Last Sold April 09, 2020

Last sale price $152,000 $125 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,802/month

2 Days on Market

Highlights

  • Transitional Architecture
  • Covered Patio or Porch
  • Walk-In Closet
  • Community Pool
  • 1 Car Attached Garage
  • Breakfast Bar

About This Home

As of April 2020

Beautifully updated townhome in University Heights on a wooded lot. Features include dual master bedrooms, neutral paint throughout and high-end luxury vinyl plank flooring on the entire first floor and in both bathrooms on the second level. All appliances to convey. Conveniently located near University area restaurants and shopping.

Last Agent to Sell the Property

Brian Belcher

RE/MAX Executive Brokerage Email: brian@thebelchergroup.com License #224195 Listed on: 03/06/2020

RE/MAX Executive

Last Buyer's Agent

Renee Elkin

Southern Homes of the Carolinas, Inc License #203759

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,810

Year Built

  • Built in 1999

Lot Details

  • 1,306

HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • 1 Open Parking Space

Home Design

  • Transitional Architecture
  • Property Attached
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Vinyl Flooring

Kitchen

  • Breakfast Bar
  • Range Hood
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Garden Bath

Schools

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

Utilities

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

Additional Features

  • Covered Patio or Porch
  • 1,306 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 051-128-14

Community Details

Overview

  • Association Management Group Association, Phone Number (888) 908-4264
  • University Heights Condos
  • University Heights Subdivision
  • Mandatory home owners association

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,810

Year Built

Built in 1999

Lot Details

0

HOA Fees

$249 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Transitional
  • Year Built: 1999
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 125.41
  • Attribution Contact: brian@thebelchergroup.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Breakfast Bar, Cable Prewire, Garden Tub, Kitchen Island, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 555
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 657
  • Appliances: Dishwasher, Electric Water Heater, Exhaust Hood, Plumbed For Ice Maker, Refrigerator
  • Above Grade Finished Sq Ft: 1212
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Main
  • Living Area: 1212
  • Window Features: Insulated Window(s)
  • Bedroom Main: 0
  • Room Count: 8

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Vinyl
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 219
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Driveway, Attached Garage, Parking Space(s)

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Other - See Remarks
  • Laundry Features: Upper Level
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Gas
  • Water Source: Other - See Remarks

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Sidewalks, Street Lights
  • Association Fee: 218
  • Association Fee Frequency: Monthly
  • Association #2 Fee: 368
  • Association #2 Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Complex Name: University Heights
  • Senior Community: No
  • Association Name: Association Management Group
  • Phone: 888-908-4264
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Schools

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

Lot Info

  • Lot Size Area: 0.03
  • Lot Size Units: Acres
  • Parcel Number: 051-128-14
  • Land Included Yn: 1
  • Development Status: Completed
  • Lot Size Acres: 0.03
  • Lot Size Sq Ft: 1306
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R8MFCD

Green Features

  • Green Verification Count: 1

Rental Info

  • Pets Allowed: Conditional

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
Apr 9, 2020
Sold by
Patrick Jeshua H and Patrick Sarah E
Bought by
Joseph Pauline Nicole
Seller's Agent
Brian Belcher
RE/MAX Executive
Buyer's Agent
Renee Elkin
Southern Homes of the Carolinas, Inc
List Price
$150,000
Sold Price
$152,000
Premium/Discount to List
$2,000
1.33%
Current Estimated Value
$256,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,034
Avg. Annual Appreciation
10.49%
Original Mortgage
$100,000
Outstanding Balance
$89,542
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$169,627

Purchase Details

Listed on
Aug 28, 2017
Closed on
Sep 4, 2017
Sold by
Reddy Vaddireddy Satish Kumar and Vaddireddy Sudhareddy M
Bought by
Patrick Jeshua G and Patrick Sarah E
Seller's Agent
Mukesh Guntaka
Red Bricks Realty LLC
Buyer's Agent
Gabriel Woodman
Keller Williams South Park
List Price
$124,900
Sold Price
$123,000
Premium/Discount to List
-$1,900
-1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%
Original Mortgage
$98,400
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 28, 2017
Closed on
Aug 2, 2017
Sold by
Ayers Ernie R and Ayers Dana C
Bought by
Vaddireddy Satis Kumar Reddy
Seller's Agent
Mukesh Guntaka
Red Bricks Realty LLC
Buyer's Agent
Gabriel Woodman
Keller Williams South Park
List Price
$124,900
Sold Price
$123,000
Premium/Discount to List
-$1,900
-1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,400
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2014
Sold by
Jma Holdings Llc
Bought by
University Townes Homeowners Assn

Purchase Details

Closed on
Jan 2, 2014
Sold by
Ayers Ernie and Ayers Dana
Bought by
Jma Holdings Llc

Purchase Details

Closed on
Aug 11, 2006
Sold by
Lawrence Craig J
Bought by
Ayers Ernie and Ayers Dana

Purchase Details

Closed on
Jul 29, 1999
Sold by
Portrait Homes Construction Co
Bought by
Lawrence Craig J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,700
Interest Rate
7.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Joseph Pauline Nicole $152,000 None Available
Patrick Jeshua G $123,000 None Available
Vaddireddy Satis Kumar Reddy $75,500 None Available
University Townes Homeowners Assn -- None Available
Jma Holdings Llc $5,925 None Available
Ayers Ernie $103,000 Colonial
Lawrence Craig J $109,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joseph Pauline Nicole $100,000
Previous Owner Patrick Jeshua G $98,400
Previous Owner Ayers Ernie R $88,000
Previous Owner Lawrence Craig J $109,500
Previous Owner Lawrence Craig J $108,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2020 04/09/20 Sold $152,000 +1.3% $125 / Sq Ft
03/08/2020 03/08/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $150,000 +22.0% $124 / Sq Ft
09/22/2017 09/22/17 Sold $123,000 -1.5% $95 / Sq Ft
08/29/2017 08/29/17 Pending -- -- --
08/28/2017 08/28/17 For Sale $124,900 -- $97 / 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 $1,810 $240,700 $55,000 $185,700
2022 $1,325 $133,200 $28,000 $105,200
2021 $1,325 $133,200 $28,000 $105,200
2020 $1,316 $132,300 $28,000 $104,300
2019 $1,310 $132,300 $28,000 $104,300
2018 $1,212 $90,300 $14,400 $75,900
2017 $1,193 $90,300 $14,400 $75,900
2016 $1,189 $90,300 $14,400 $75,900
2015 $1,186 $90,300 $14,400 $75,900
2014 $1,199 $90,300 $14,400 $75,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3599385

Canopy MLS (Canopy Realtor® Association)

APN: 051-128-14