NOT LISTED FOR SALE

Estimated Value: $857,493 - $919,000

6 Beds
6 Baths
2,863 Sq Ft
$307/Sq Ft Est. Value

Last Sold May 23, 2019

Last sale price $488,000 $170 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $5,100/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Fireplace
  • Myers Park High Rated A
  • Terrace
  • Vinyl Flooring

About This Home

As of May 2019

Great property with lots of possibilities. Currently a duplex with 3 bedrooms on each side. Also, a detached carport. They both have nicely sized bedrooms, and fireplaces in the GR. Both have tenants that are month to month to give a new owner lots of options. With a little updating these could rent for $2500 or more per month each side. Maybe picture yourself on one side and in-laws on the other side giving each of you privacy. Or, this is a great location for building your dream home or another multi-family unit. Zoned R3. Large .50 Acre lot on the corner of Randolph Rd. Also backs up to another Duplex on the Market 100 Beckham Ct.(going on market Tuesday). Tax value reflects newly assessed value pending any appeals.

Last Agent to Sell the Property

Lynne Goodwin

Coldwell Banker Realty License #215476 Listed on: 04/08/2019

Coldwell Banker Realty

Last Buyer's Agent

Frances Allen

Keller Williams South Park License #240716

Keller Williams South Park

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 0.5

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • Fireplace
  • Vinyl Flooring

Additional Features

  • Terrace
  • Corner Lot

Listing and Financial Details

  • Tenant pays for all except water
  • Rent includes exterior maintenance
  • Assessor Parcel Number 185-055-38

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.96634
  • Ratio Close Price By Original Li: 0.96634
  • Ratio Current Price By Acre: 976000.00
  • Ratio Current Price By Sq Ft: 170.45
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Equipment: Dishwasher, Electric Range, Exhaust Hood, Electric Oven
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Laundry Location: Main
  • Sq Ft Additional: 84
  • Total Sq Ft: 2863

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Terrace

Garage/Parking

  • Driveway: Asphalt
  • Parking: Carport - 2 Car

Utilities

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

Schools

  • Elementary School: Cotswold
  • Middle School: Alexander Graham
  • High School: Myers Park

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.500
  • Parcel Number: 185-055-38
  • Zoning Specification: R3

Rental Info

  • Rent Includes: Exterior Maintenance
  • Tenant Pays: All except water

Tax Info

  • Tax Value: 501400.00
  • Tax Location: Charlotte

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2022
Sold by
Kraus and Sandra
Bought by
110 Rutledge Llc
Current Estimated Value
$879,831

Purchase Details

Closed on
Oct 18, 2021
Sold by
1101 1105 Rutledge Llc
Bought by
Kraus Thomas and Kraus Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2019
Sold by
Kraus Thomas and Kraus Sandra
Bought by
1101 1105 Rutledge Llc

Purchase Details

Listed on
Apr 8, 2019
Closed on
May 14, 2019
Sold by
Tew Properties Llc
Bought by
Kraus Thomas and Kraus Sandra
Seller's Agent
Lynne Goodwin
Coldwell Banker Realty
Buyer's Agent
Frances Allen
Keller Williams South Park
List Price
$505,000
Sold Price
$488,000
Premium/Discount to List
-$17,000
-3.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%

Purchase Details

Closed on
Jun 17, 2009
Sold by
Tew Barbara W
Bought by
Tew Properties Llc
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
110 Rutledge Llc -- Law Offices Of Michelle Vereck
Kraus Thomas -- None Available
1101 1105 Rutledge Llc -- None Available
Kraus Thomas $488,000 None Available
Tew Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kraus Thomas $378,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2019 05/23/19 Sold $488,000 -3.4% $170 / Sq Ft
04/09/2019 04/09/19 Pending -- -- --
04/08/2019 04/08/19 For Sale $505,000 -- $176 / 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 $5,452 $679,400 $360,000 $319,400
2024 $5,452 $679,400 $360,000 $319,400
2023 $5,452 $679,400 $360,000 $319,400
2022 $5,004 $501,400 $212,500 $288,900
2021 $5,068 $501,400 $212,500 $288,900
2020 $4,839 $501,400 $212,500 $288,900
2019 $5,022 $501,400 $212,500 $288,900
2018 $3,731 $273,200 $133,900 $139,300
2017 $3,662 $273,200 $133,900 $139,300
2016 $3,643 $273,200 $133,900 $139,300
2015 $3,620 $273,200 $133,900 $139,300
2014 $3,587 $273,200 $133,900 $139,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3493796

Canopy MLS (Canopy Realtor® Association)

APN: 185-055-38