NOT LISTED FOR SALE

Estimated Value: $377,000 - $431,507

4 Beds
2 Baths
1,657 Sq Ft
$247/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $308,000 $186 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,419/month

9 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Level Lot

About This Home

As of June 2021

Multiple Offers. The terms of an offer have been accepted and the agent with the selected offer has been made aware. Property expected to be under contract within 24 hours. Rental Income Property located near Southend & Uptown Charlotte. Location, Location! This is an all brick, two residence (multifamily) property. The two residences feature hardwood flooring, covered front porch, central heat, central air conditioning, ceiling fans, washer/dryer connections. It is just blocks away from -I77, a great up & coming location. One unit is rented with only a few months remaining on the lease. The other unit is vacant & was recently updated with all new bathroom fixtures & new finishes. This unit has also been updated with new windows and is ready for new occupancy. Cash offers preferred. Well qualified real estate investors encouraged. Consider making updates to this property to maximize the rental income potential.

Last Agent to Sell the Property

Wilfrido Peinado

DPW Realty Group Inc License #233848 Listed on: 04/16/2021

DPW Realty Group Inc

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 10,019

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction

Flooring

  • Wood
  • Vinyl

Additional Features

  • 2 Full Bathrooms
  • Crawl Space
  • Level Lot

Listing and Financial Details

  • Tenant pays for all except water
  • Rent includes water
  • Assessor Parcel Number 119-113-20

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Ranch
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.02701
  • Ratio Close Price By Original Li: 1.02701
  • Ratio Current Price By Acre: 1316239.32
  • Ratio Current Price By Sq Ft: 185.88
  • Year Built: 1949
  • Property Features: Porch/Patio
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Equipment: CO Detector, Electric Dryer Hookup
  • Flooring: Vinyl, Wood
  • Laundry Location: Kitchen
  • Sq Ft Additional: 198
  • Total Sq Ft: 1657

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel

Utilities

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

Lot Info

  • Lot Dimension: 50x200
  • Lot Features: Level
  • Parcel Number: 119-113-20
  • Zoning Specification: R100

Rental Info

  • Rent Includes: Water
  • Tenant Pays: All except water

Tax Info

  • Tax Value: 112600.00
  • Tax Location: Charlotte

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Jun 14, 2021
Sold by
Top Of The Hill Properties Llc
Bought by
Murray Brian J and Murray Bonnie Christine
Seller's Agent
Wilfrido Peinado
DPW Realty Group Inc
Buyer's Agent
Non Member
Canopy Administration
List Price
$299,900
Sold Price
$308,000
Premium/Discount to List
$8,100
2.7%
Current Estimated Value
$411,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,080
Avg. Annual Appreciation
6.70%
Original Mortgage
$231,000
Outstanding Balance
$209,142
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$200,027

Purchase Details

Closed on
Dec 30, 2008
Sold by
Hill Jack Alvin and Hill Jack A
Bought by
Top Of The Hill Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,960
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2008
Sold by
Spielvogel Karl
Bought by
Hill Jack A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,960
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2003
Sold by
A-Z Investments Inc
Bought by
Spielvogel Karl

Purchase Details

Closed on
Apr 5, 2002
Sold by
Harper Ethelyn H
Bought by
A Z Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.8%
Mortgage Type
Seller Take Back
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
Murray Brian J $308,000 Key Title
Top Of The Hill Properties Llc -- None Available
Hill Jack A $111,500 Barristers Title Services Of
Spielvogel Karl $77,000 Investors Title Ins
A Z Investments Inc $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murray Brian J $231,000
Previous Owner Hill Jack A $88,960
Previous Owner A Z Investments Inc $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2021 06/14/21 Sold $308,000 +2.7% $186 / Sq Ft
04/25/2021 04/25/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $299,900 -- $181 / 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 $3,153 $338,000 $180,000 $158,000
2024 $3,153 $375,900 $180,000 $195,900
2023 $3,036 $375,900 $180,000 $195,900
2022 $1,338 $112,600 $90,000 $22,600
2021 $1,316 $112,600 $90,000 $22,600
2020 $1,301 $112,600 $90,000 $22,600
2019 $1,270 $112,600 $90,000 $22,600
2018 $1,476 $101,300 $15,000 $86,300
2017 $1,437 $101,300 $15,000 $86,300
2016 $1,418 $101,300 $15,000 $86,300
2015 $1,395 $101,300 $15,000 $86,300
2014 $1,379 $107,100 $15,000 $92,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3719143

Canopy MLS (Canopy Realtor® Association)

APN: 119-113-20