NOT LISTED FOR SALE

Estimated Value: $453,000 - $491,000

0.31 Acre
$1,510,752 Price per Acre
13,504 Sq Ft Lot

Last Sold March 06, 2023

Last sale price $315,000

Est. 49% increase in value since last sale

Current estimated payment $2,802/month

274 Days on Market

About This Lot

As of March 2023

The combination of these .31 acre lots zoned for multi-unit developments( R-22MF) are the prime opportunity for development. Address includes 1053 McAlway Rd (parcel 157-112-08). Potential for 6 units, 2 duplexes or single family per zoning. Please verify with county zoning if interested. New construction next door and across the street... Amazing location near Cotswold and Echo Hills. Just minutes from uptown and everything our Queen City has to offer! Don't wait!

Last Agent to Sell the Property

Mike Abernethy

EXP Realty LLC Ballantyne License #273651 Listed on: 05/23/2022

EXP Realty LLC Ballantyne

Last Buyer's Agent

Mike Abernethy

EXP Realty LLC Ballantyne License #273651 Listed on: 05/23/2022

EXP Realty LLC Ballantyne

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,234

Lot Details

  • 0.31 Acre Lot
  • Possible uses of the property include Multi-Family, Residential
  • Property is zoned R22-MF, R22MF

Schools

  • Alexander Graham Middle School
  • Myers Park High School

Community Details

  • No Home Owners Association
  • Grayson Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 157-112-09

Property Details

Property Type

Land

Est. Annual Taxes

$3,234

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Room Count: 0

Garage/Parking

  • Open Parking: No

Utilities

  • Sewer: Public Sewer
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Alexander Graham
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.31
  • Lot Size Units: Acres
  • Parcel Number: 157-112-09
  • Zoning: R22MF
  • Can Be Subdivided: 1
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13503
  • Additional Parcels Description: 157-112-08
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R22-MF

MLS Schools

  • Elementary School: Unspecified
  • High School: Myers Park

Range of Values:

Collateral Analytics

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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

Mortgage History

Date Status Borrower Loan Amount
Closed Srk Capital2 Llc $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2023 03/06/23 Sold $315,000 -7.4% --
02/16/2023 02/16/23 Price Changed $340,000 -9.3% --
01/03/2023 01/03/23 Price Changed $375,000 -8.5% --
11/21/2022 11/21/22 Price Changed $409,800 -3.6% --
10/11/2022 10/11/22 Price Changed $425,000 -4.5% --
09/22/2022 09/22/22 Price Changed $445,000 -10.1% --
08/17/2022 08/17/22 Price Changed $495,000 -10.0% --
07/08/2022 07/08/22 Price Changed $550,000 -8.3% --
06/13/2022 06/13/22 Price Changed $599,900 -11.1% --
05/23/2022 05/23/22 For Sale $675,000 -- --
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
2024 $3,234 $406,800 $90,000 $316,800
2023 -- $406,800 $90,000 $316,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3852151

Canopy MLS (Canopy Realtor® Association)

APN: 157-112-13