NOT LISTED FOR SALE

Estimated Value: $638,000 - $685,000

3 Beds
3.5 Baths
2,373 Sq Ft
$280/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $700,000 $295 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,197/month

1 Day on Market

Highlights

  • 2 Car Attached Garage
  • Myers Park High Rated A
  • Forced Air Zoned Heating and Cooling System

About This Home

As of May 2024

Discover your dream townhome at 1260 Madison Towns Ln, nestled in one of Charlotte's most coveted neighborhoods. This immaculate property offers a turn-key experience, ensuring you can move in & immediately enjoy a high-quality lifestyle. 3 spacious bedrooms, 3.5 baths & 2 car garage complete w/additional driveway space, this home is designed to accommodate your needs. Exquisite custom hardwood flooring & tasteful custom paint throughout. What truly sets this townhome apart is its unbeatable location. A quick stroll takes you to the Park Road Shopping Center, where you can explore a variety of shops, restaurants & entertainment options. If you're in the mood for a bit more retail therapy, SouthPark Mall is just a short drive away, offering a wide range of luxury boutiques & department stores. Freedom Park, a local favorite for outdoor activities & events, is just minutes away. With its perfect blend of location & luxury, this townhome provides an exceptional lifestyle opportunity.

Last Agent to Sell the Property

Matthew Means

COMPASS Brokerage Email: matthew.means@compass.com License #247529 Listed on: 04/26/2024

COMPASS

Last Buyer's Agent

Carmelita Layog

COMPASS License #238999

COMPASS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,878

Year Built

  • Built in 2019

Lot Details

  • 1,742

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3-Story Property

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • Cedar Management Group Association
  • Townes At Montford Park Condos
  • Townes At Montford Park Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 171-044-46

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,878

Year Built

Built in 2019

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 2019
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Three
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 294.99
  • Bedroom Lower: 1
  • Geocode Confidence: Medium
  • Attribution Contact: matthew.means@compass.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Lower Level Sq Ft: 411
  • Main Level Sq Ft: 935
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1027
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker, Self Cleaning Oven
  • Above Grade Finished Sq Ft: 2373
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 2373
  • Bedroom Main: 0
  • Room Count: 11
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Partial

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 545
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Natural Gas, Zoned
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Upper Level
  • Cooling: Central Air, Zoned
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Townes at Montford Park
  • Senior Community: No
  • Association Name: Cedar Management Group
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 3000.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.042
  • Lot Size Units: Acres
  • Parcel Number: 171-044-46
  • Land Included Yn: 1
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
May 22, 2024
Sold by
Frank Tabitha and Frank Darren Charles
Bought by
Jowdy Crystal
Seller's Agent
Matthew Means
COMPASS
Buyer's Agent
Carmelita Layog
COMPASS
List Price
$700,000
Sold Price
$700,000
Views
8
Current Estimated Value
$665,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,871
Avg. Annual Appreciation
-0.85%
Original Mortgage
$460,000
Outstanding Balance
$456,038
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$236,477

Purchase Details

Closed on
Jul 12, 2019
Sold by
Calatlantic Group Inc
Bought by
Frank Darren Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,270
Interest Rate
3.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Jowdy Crystal $700,000 Navigate Title Llc
Frank Darren Charles $444,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jowdy Crystal $460,000
Previous Owner Frank Darren Charles $422,270
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $700,000 0.0% $295 / Sq Ft
04/27/2024 04/27/24 For Sale $700,000 -- $295 / 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 $3,878 $505,600 $125,000 $380,600
2023 $3,753 $505,600 $125,000 $380,600
2022 $4,073 $418,000 $125,000 $293,000
2021 $4,073 $418,000 $125,000 $293,000
2020 $4,141 $125,000 $125,000 $0
2019 $1,206 $125,000 $125,000 $0
2018 $942 $0 $0 $0
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4132870

Canopy MLS (Canopy Realtor® Association)

APN: 171-044-46