NOT LISTED FOR SALE

1229 Lomax Ave Unit LUC0212 Charlotte, NC 28211

Cotswold Neighborhood

Estimated Value: $535,000 - $626,000

3 Beds
5 Baths
2,351 Sq Ft
$275/mo HOA Fee

Last Sold August 18, 2021

Last sale price $489,000 $208 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,854/month

149 Days on Market

Highlights

  • New Construction
  • Rooftop Deck
  • Engineered Wood Flooring
  • Myers Park High Rated A
  • Contemporary Architecture
  • Lawn

About This Home

As of August 2021

Modern & spacious 4-story townhome in Cotswold. Enjoy the rooftop terrace & rec room w/ powder room for extra living space. Terrace is over 18' wide & 11' deep. Minutes from shopping & dining in Cotswold. First-floor guest suite has private bath & walk-in closet. Open layout on 2nd floor w/ hardwoods throughout; kitchen has 42" light grey cabinets, quartz counters, island, white farmsink, under cab lights, double-trash pullout, GE SS gas range, and walk-in pantry. Deck off the Living room for easy entertaining. 3rd floor has linen closet and laundry closet large enough for side-by-side appliances. Both bedrooms have private baths & walk-in closets. All baths have quartz counters, white cabs, tiled floors, & tiled tub or shower surrounds. Stairs have flat black wrought iron balusters; oak treads on 2 staircases. 9' ceilings throughout. Ask to see our samples of color selections. Smart home/security package included. Walking distance to Charlotte Swim & Racquet club.

Last Agent to Sell the Property

Michele Scott

EHC Brokerage LP License #189962 Listed on: 11/17/2020

Last Buyer's Agent

Elizabeth Flynn

EXP Realty LLC Ballantyne License #309757

EXP Realty LLC Ballantyne

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 2,614

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • Attached Garage
  • Shared Driveway

Home Design

  • Contemporary Architecture
  • Slab Foundation

Kitchen

  • Oven
  • Kitchen Island

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Additional Features

  • Terrace
  • Lawn

Listing and Financial Details

  • Assessor Parcel Number 15716432

Community Details

Overview

  • Henderson Properties Association, Phone Number (704) 535-1122
  • Built by Empire Communities

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$275 per month

Parking

2

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 4 Story
  • Architectural Style: Contemporary
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.01435
  • Ratio Close Price By Original Li: 1.01469
  • Ratio Current Price By Acre: 7887096.77
  • Ratio Current Price By Sq Ft: 208.00
  • Unit Floor Level: 1
  • Year Built: 2021
  • Special Features: NewHome
  • Stories: 4

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 290
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5.00
  • Total Bedrooms: 3
  • Entry Level: Lower
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Cooktop Gas, Dishwasher, Disposal, Electric Dryer Hookup, Exhaust Fan, Gas Range, Ice Maker Connection, Microwave, Natural Gas, Oven, Security System, Self Cleaning Oven
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: 704-535-1122
  • Interior Amenities: Kitchen Island, Walk-In Closet(s)
  • Laundry Location: Third
  • Room Count: 4
  • Lower Level Sq Ft: 370
  • Main Level Sq Ft: 861
  • Third Level Sq Ft: 830
  • Total Sq Ft: 2351

Exterior Features

  • Construction: Brick Partial, Fiber Cement
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance, Rooftop Terrace, Terrace
  • New Construction: Yes

Garage/Parking

  • Driveway: Asphalt, Shared
  • Parking: Attached Garage, Driveway, Garage - 2 Car, Garage Door Opener, On-Street Parking

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: g-On-Demand Water Heater

Condo/Co-op/Association

  • Community Features: Rooftop Terrace
  • Association Fee: 275.00
  • Association Fee Frequency: Monthly
  • Complex Name: Lucent at Cotswold
  • HOA Management Company: Henderson Properties
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Land Included Yn: Yes
  • Lot Size Area: 0.062
  • Parcel Number: 15716432
  • Zoning Specification: Res

Building Info

  • Builder Name: Empire Communities

Tax Info

  • Tax Value: 482080.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2020
Closed on
Aug 18, 2021
Sold by
Ehc Homes Lp
Bought by
Blake Adam J
Seller's Agent
Michele Scott
EHC Brokerage LP
Buyer's Agent
Elizabeth Flynn
EXP Realty LLC Ballantyne
List Price
$481,920
Sold Price
$489,000
Premium/Discount to List
$7,080
1.47%
Current Estimated Value
$598,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,030
Avg. Annual Appreciation
5.15%
Original Mortgage
$391,200
Outstanding Balance
$356,489
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$241,541
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
Blake Adam J $489,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blake Adam J $391,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2021 08/18/21 Sold $489,000 +1.4% $208 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
01/05/2021 01/05/21 Price Changed $482,080 0.0% $205 / Sq Ft
11/17/2020 11/17/20 For Sale $481,920 -- $205 / 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 $3,848 $501,600 $100,000 $401,600
2023 $3,724 $501,600 $100,000 $401,600
2022 $4,445 $456,500 $63,000 $393,500
2021 $2,526 $261,800 $63,000 $198,800
2020 $608 $70,000 $70,000 $0
2019 $676 $70,000 $70,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3606760

Canopy MLS (Canopy Realtor® Association)

APN: 157-164-32