NOT LISTED FOR SALE

1316 Richmond Place Unit 190 Charlotte, NC 28209

Madison Park Neighborhood
2 Beds
2 Baths
1,575 Sq Ft
7,841 Sq Ft Lot

Last Sold November 18, 2020

Last sale price $360,000 $229 Per Sq Ft

7 Days on Market

Highlights

  • Ranch Style House
  • Myers Park High Rated A
  • Wood Flooring

About This Home

As of November 2020

Investment opportunity located in popular Selwyn Park. You have heard it before and you will hear it again, LOCATION,LOCATION,LOCATION. Just a hop skip and a jump to Park Selwyn Terrace with grocery, restaurants, and retail. South Park and Park Road Shopping Center are also convenient. This duplex offers 2 occupied units with long term renters, producing $1,800 in rental income. Each unit features 2 beds and 1 bath. One unit has been fully updated. With all the growth happening in Selwyn park this is the perfect time to take full advantage of this investment!

Last Agent to Sell the Property

Christopher Allen

COMPASS License #298205 Listed on: 10/19/2020

COMPASS

Last Buyer's Agent

Katie Burton

Realty One Group Revolution License #287227

Realty One Group Revolution

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 7,841

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Ranch Style House
  • Vinyl Siding

Additional Features

  • Wood Flooring
  • 2 Full Bathrooms
  • Crawl Space

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 171-183-21

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.90023
  • Ratio Close Price By Original Li: 0.90023
  • Ratio Current Price By Acre: 2000000.00
  • Ratio Current Price By Sq Ft: 228.57
  • Year Built: 1951
  • Property Features: Dishwasher, Porch/Patio, Range/Oven, Refrigerator
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Equipment: Cable Prewire, Ceiling Fan(s)
  • Flooring: Wood
  • Laundry Location: Kitchen
  • Total Sq Ft: 1575

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway, Parking Space - 4+

Utilities

  • Heating: Window Unit
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Pinewood Mecklenburg
  • Middle School: Alexander Graham
  • High School: Myers Park

Lot Info

  • Lot Size Area: 0.180
  • Parcel Number: 171-183-21
  • Zoning Specification: R8

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 261900.00
  • Tax Location: Mecklenburg

Multi Family

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

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
11/18/2020 11/18/20 Sold $360,000 -10.0% $229 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $399,900 -- $254 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3672719

Canopy MLS (Canopy Realtor® Association)