$315,000
SOLD APR 23, 2021
2 Beds
1.5 Baths
1,072 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$294 Per Sq Ft

3% Below List Price

4 Days on Market

Highlights

  • Open Floorplan
  • Cottage
  • 3-minute walk to Little People's Park
  • Corner Lot
  • Tile Flooring

About This Home

As of April 2021

HUGE Opportunity in this well maintained cottage located in Belmont, one of the hottest neighborhoods in Charlotte. This well maintained home features rare 10 foot ceilings, is freshly painted throughout and is situated within a mile of Charlotte Uptown. Most of Belmont has been re-envisioned with new construction being built on every corner by some of the most respected builders in the area. Investors are flocking here for future valuation as well as first time homebuyers eager to get in on the action while the prices are still affordable. NEW construction in Belmont is reaching close to 900K!! This beautiful home is in great condition and a steal at this price! Join this booming neighborhood with walkable dining and entertaining amenities right off Central Ave and Parkwood Ave!

Last Agent to Sell the Property

Denis Arnautovic

Coldwell Banker Realty License #281644 Listed on: 03/18/2021

Coldwell Banker Realty

Last Buyer's Agent

Siobhan Koch

Savvy + Co Real Estate License #311749

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Crawl Space

Flooring

  • Laminate
  • Tile

Additional Features

  • Corner Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 081-151-01

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.96953
  • Ratio Close Price By Original Li: 0.96953
  • Ratio Current Price By Acre: 3500000.00
  • Ratio Current Price By Sq Ft: 293.84
  • Year Built: 1925
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Cable Prewire, Ceiling Fan(s)
  • Flooring: Laminate Wood, Tile
  • Interior Amenities: Cable Available, Open Floorplan
  • Laundry Location: Main, Utility Room
  • Room Count: 1
  • Main Level Sq Ft: 1072
  • Total Sq Ft: 1072

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Earth
  • Parking: Driveway, On-Street Parking

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Sidewalk, Street Lights

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 60x68
  • Lot Features: City View, Corner Lot
  • Lot Size Area: 0.090
  • Parcel Number: 081-151-01
  • Zoning Specification: R5

Tax Info

  • Tax Value: 208500.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2023
Sold by
1100 Pegram Company Llc
Bought by
Karaffa Michael R
Current Estimated Value
$468,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,946
Outstanding Balance
$89,457
Interest Rate
7.57%
Mortgage Type
Credit Line Revolving
Estimated Equity
$379,119

Purchase Details

Listed on
Sep 8, 2022
Closed on
Sep 7, 2022
Sold by
Karaffa Michael R
Bought by
1100 Pegram Company Llc
Seller's Agent
Kyle Frey
My Townhome
Buyer's Agent
Keegan Dwyer
My Townhome
Sold Price
$2,100
Views
7

Purchase Details

Listed on
Mar 18, 2021
Closed on
Apr 21, 2021
Sold by
Abraham Hadar and Rubin Hadar
Bought by
Karaffa Michael R
Seller's Agent
Denis Arnautovic
Coldwell Banker Realty
Buyer's Agent
Siobhan Koch
Savvy + Co Real Estate
List Price
$324,900
Sold Price
$315,000
Premium/Discount to List
-$9,900
-3.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.54%
Original Mortgage
$252,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 3, 2017
Closed on
Apr 21, 2017
Sold by
Cullin Thomas W
Bought by
Rubin Hadar
Seller's Agent
Michael Doney
5 Points Realty
Buyer's Agent
Perrin Morse
Savvy + Co Real Estate
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.05%
Original Mortgage
$172,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2017
Sold by
Sfrh Charlotte Rental Lp
Bought by
Cullin Thomas W

Purchase Details

Closed on
Oct 30, 2000
Sold by
Chelsea Realty Llc
Bought by
Tmp Properties Ltd Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.91%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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 -- None Listed On Document
Warranty Deed -- --
Warranty Deed $315,000 None Available
Warranty Deed $215,000 None Available
Warranty Deed $90,000 None Available
Warranty Deed $309,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $90,946 Credit Line Revolving
Previous Owner $252,000 New Conventional
Previous Owner $172,000 New Conventional
Previous Owner $250,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2022 09/19/22 Rented $2,100 +10.8% --
09/08/2022 09/08/22 For Rent $1,895 0.0% --
04/23/2021 04/23/21 Sold $315,000 -3.0% $294 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $324,900 +51.1% $303 / Sq Ft
04/28/2017 04/28/17 Sold $215,000 -4.4% $201 / Sq Ft
03/29/2017 03/29/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $225,000 -- $210 / 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
2024 $3,361 $423,600 $262,500 $161,100
2023 $3,246 $423,600 $262,500 $161,100
2022 $2,329 $228,300 $101,500 $126,800
2021 $2,127 $208,500 $101,500 $107,000
2020 $2,119 $208,500 $101,500 $107,000
2019 $2,104 $208,500 $101,500 $107,000
2018 $1,008 $71,200 $23,400 $47,800
2017 $985 $71,200 $23,400 $47,800
2016 $975 $71,200 $23,400 $47,800
2015 -- $49,500 $23,400 $26,100
2014 $857 $61,900 $36,000 $25,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3718715

Canopy MLS (Canopy Realtor® Association)

APN: 081-151-01