NOT LISTED FOR SALE

1308 Fairmont St Unit 11 Charlotte, NC 28216

Oaklawn Neighborhood

Estimated Value: $648,000 - $703,168

0.14 Acre
$4,846,729 Price per Acre
6,098 Sq Ft Lot

Last Sold April 27, 2021

Last sale price $156,300

Est. 334% increase in value since last sale

Current estimated payment $4,046/month

Highlights

  • No HOA
  • Open Lot
  • 4-minute walk to The Ritz Washington Heights

About This Lot

As of April 2021

GREAT PROPERTY! This is the perfect size for your new home in uptown. This lot will give you and your Architect ample space to design a nice size home in a Contractor friendly space. Two new homes being built in this block from the mid 400's. (being listed in coming months) Another being developed across the street. So Hurry! Only .6 miles to the new City LYNX Gold Line at French Street. 1.2 Miles to the Gateway Centre and Johnson and Wales University. 1.8 Miles to City Centre (Trade & Tryon). Water/Sewer Tap. Stop looking!

Last Agent to Sell the Property

Tim Billups

5 Points Realty Brokerage Email: tbillups@5pointsrealty.com License #288226 Listed on: 04/13/2021

Last Buyer's Agent

Daniel Tart

Costello Real Estate and Investments LLC License #248821

Costello Real Estate and Investments LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,541

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60x122
  • Open Lot
  • Cleared Lot
  • Possible uses of the property include Residential
  • Property is zoned R5, R-5

Community Details

  • No Home Owners Association
  • Oaklawn Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075-077-28
  • Tax Block 1

Property Details

Property Type

Land

Est. Annual Taxes

$4,541

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review
  • Special Assessment Yn: 0
  • Road Frontage Type: City Street
  • ResoPropertyType: Land
  • Attribution Contact: tbillups@5pointsrealty.com
  • Special Features: None

Interior Features

  • Foundation Details: None
  • Possible Use: Residential
  • Room Count: 0

Exterior Features

  • Waterfront Features: None
  • Other Structures: None

Utilities

  • Sewer: N/A
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Hoa Subject To Dues: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Open Lot
  • Lot Size Area: 0.14
  • Lot Size Units: Acres
  • Parcel Number: 075-077-28
  • Zoning: R-5
  • Lot Size Acres: 0.14
  • Lot Size: 60x122
  • Lot Size Sq Ft: 6098
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R5

Green Features

  • Green Verification Count: 1

Tax Info

  • Tax Block: 1

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2022
Sold by
Tart Investment Realty Llc
Bought by
Tamara-Desantis Maria Luisa and Desantis Michael Joseph
Current Estimated Value
$678,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Outstanding Balance
$451,024
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$227,518

Purchase Details

Listed on
Apr 13, 2021
Closed on
Apr 27, 2021
Sold by
Green Gerald Bernard
Bought by
Tart Investment Realty Llc
Seller's Agent
Tim Billups
5 Points Realty
Buyer's Agent
Daniel Tart
Costello Real Estate and Investments LLC
List Price
$160,000
Sold Price
$156,300
Premium/Discount to List
-$3,700
-2.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.04%
Original Mortgage
$345,000
Interest Rate
3.1%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 23, 2016
Sold by
Fannie Mae
Bought by
Green Gerald Bernard

Purchase Details

Closed on
Jul 26, 2016
Sold by
Sadka Davod J
Bought by
Federal National Mortgage Associatin
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
Tamara-Desantis Maria Luisa $1,210 Law Office Of Robert Forquer P
Tart Investment Realty Llc $156,500 Chicago Title Insurance Co
Green Gerald Bernard -- None Available
Federal National Mortgage Associatin $80,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tamara-Desantis Maria Luisa $484,000
Previous Owner Tart Investments Realty Llc $345,000
Previous Owner 227 E 27Th St Iex Llc $6,000
Previous Owner Sadka David J $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2021 04/27/21 Sold $156,300 -2.3% --
04/13/2021 04/13/21 For Sale $160,000 -- --
04/13/2021 04/13/21 Pending -- -- --
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 $4,541 $579,400 $96,300 $483,100
2023 $4,389 $579,400 $96,300 $483,100
2022 $3,106 $308,900 $15,000 $293,900
2021 $145 $15,000 $15,000 $0
2020 $145 $15,000 $15,000 $0
2019 $145 $15,000 $15,000 $0
2018 $131 $10,000 $10,000 $0
2017 $129 $10,000 $10,000 $0
2016 $129 $10,000 $10,000 $0
2015 $129 $10,000 $10,000 $0
2014 $128 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3726906

Canopy MLS (Canopy Realtor® Association)

APN: 075-077-28