1320 Lafayette Ave Charlotte, NC 28203
Dilworth NeighborhoodEstimated Value: $1,278,311 - $1,629,000
4
Beds
2.5
Baths
2,520
Sq Ft
$572/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Wood Flooring
- Patio
- Dilworth Elementary School: Latta Campus Rated A-
- Built-In Features
- Community Playground
About This Home
As of September 2022Amazing opportunity for renovation/expansion on one of Dilworth’s most desirable streets, this handsome 4 BR/2.5BT 2-story brick home has been in the same family for over 50 yrs, but now is ready for a new buyer to make it their own. Nestled in the heart of the Dilworth Historic District, 2 blocks from Dilworth Elementary & Latta Park, this home features large, bright rooms with hardwoods through-out, the deep lot offers expansion opportunities. Roof replaced 2015, all windows replaced, fresh exterior trim pain, sunroom is unheated HLA.
Home is sold as-is, seller does not plan to make any repairs. Buyers please note: although house could be move-in condition, A/C does not currently work, please pardon any elevated temp, plus seller is removing final personal objects and stairlift. Charlotte HDC rules apply, home renovations may be eligible for NC tax credits. Buyer to verify school assignments. Professional photos coming.
Last Agent to Sell the Property
Ed Baesel
Berkshire Hathaway HomeServices Carolinas Realty License #70683 Listed on: 07/15/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,336
Year Built
- Built in 1938
Lot Details
- Lot Dimensions are 75 x 167 x 71 x 176
- Zoning described as R4
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- Built-In Features
- Wood Burning Fireplace
- Living Room with Fireplace
- Pull Down Stairs to Attic
Kitchen
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Driveway
- On-Street Parking
Outdoor Features
- Patio
- Outbuilding
Schools
- Dilworth Latta Campus/Dilworth Sedgefield Campus Elementary School
- Sedgefield Middle School
- Myers Park High School
Additional Features
- Stair Lift
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 123-094-12
Community Details
Recreation
- Community Playground
- Trails
Additional Features
- Dilworth Subdivision
- Picnic Area
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 15, 2022
Closed on
Sep 8, 2022
Sold by
Jayne Payne
Bought by
Fresk Spencer and Bethea Anna Lauren
Seller's Agent
Ed Baesel
Berkshire Hathaway HomeServices Carolinas Realty
Buyer's Agent
David Bolinger
The McDevitt Agency
List Price
$999,000
Sold Price
$1,150,000
Premium/Discount to List
$151,000
15.12%
Total Days on Market
27
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,828
Avg. Annual Appreciation
5.98%
Original Mortgage
$230,000
Interest Rate
6.92%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 7, 2017
Sold by
Payne Patrick S
Bought by
Payne Patrick S and Payne Jayne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.92%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 5, 2014
Sold by
Payne George N and Payne Zana H
Bought by
Payne Patrick S
Purchase Details
Closed on
Sep 17, 1993
Bought by
Payne George Nelson
Similar Homes in Charlotte, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fresk Spencer | $1,150,000 | Harbor City Title | |
| Payne Patrick S | -- | None Available | |
| Payne Patrick S | -- | None Available | |
| Payne Patrick S | -- | None Available | |
| Payne George Nelson | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fresk Spencer | $500,000 | |
| Closed | Fresk Spencer | $230,000 | |
| Open | Fresk Spencer | $920,000 | |
| Previous Owner | Payne Patrick S | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/08/2022 09/08/22 | Sold | $1,150,000 | +15.1% | $456 / Sq Ft |
| 08/11/2022 08/11/22 | Pending | -- | -- | -- |
| 07/15/2022 07/15/22 | For Sale | $999,000 | -- | $396 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $8,336 | $1,080,600 | $562,500 | $518,100 |
| 2022 | $11 | $950,000 | $558,000 | $392,000 |
| 2021 | $9,282 | $950,000 | $558,000 | $392,000 |
| 2020 | $9,275 | $950,000 | $558,000 | $392,000 |
| 2019 | $9,259 | $950,000 | $558,000 | $392,000 |
| 2018 | $9,015 | $681,600 | $380,000 | $301,600 |
| 2017 | $8,886 | $681,600 | $380,000 | $301,600 |
| 2016 | $8,876 | $681,600 | $380,000 | $301,600 |
| 2015 | $8,865 | $681,600 | $380,000 | $301,600 |
| 2014 | $8,816 | $681,600 | $380,000 | $301,600 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
Ed Baesel
Berkshire Hathaway HomeServices Carolinas Realty
(704) 621-0613
-
David Bolinger
Buyer's Agent in 2022
David Bolinger
The McDevitt Agency
(704) 301-2945
13 in this area
61 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3880939
APN: 123-094-12
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