NOT LISTED FOR SALE

Estimated Value: $449,256 - $686,000

4 Beds
2 Baths
1,540 Sq Ft
$344/Sq Ft Est. Value

Last Sold December 02, 2016

Last sale price $185,685 $121 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $3,029/month

41 Days on Market

About This Home

As of December 2016

One of the hottest areas in Charlotte - single family properties on the same block are selling for $380k+. Get it while it is still available. Income producing Duplex with (2) month-to-month leases and solid tenants. Sits between Plaza Midwood and NoDa so it is convenient to all the hot spots. Get your offers in now!

Last Agent to Sell the Property

Andrew Sutton

EXP Realty LLC Ballantyne License #274406 Listed on: 09/24/2016

EXP Realty LLC Ballantyne

Last Buyer's Agent

Zoraida Payne

Zoraida Delgado Payne Real Estate LLC License #271773

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • Corner Lot

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2 Full Bathrooms
  • Insulated Windows
  • Crawl Space

Flooring

  • Wood
  • Tile
  • Vinyl

Listing and Financial Details

  • Tenant pays for all utilities, garbage pick-up
  • Assessor Parcel Number 093-091-11

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.97729
  • Ratio Close Price By Original Li: 0.97729
  • Ratio Current Price By Acre: 1031583.33
  • Ratio Current Price By Sq Ft: 120.57
  • Year Built: 1954
  • Property Features: Range/Oven, W/D Connection
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), CO Detector, Cable Prewire, Electric Range, Electric Oven
  • Flooring: Tile, Vinyl, Wood
  • Laundry Location: Main
  • Total Sq Ft: 1540

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway, On-Street Parking

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Lot Info

  • Lot Dimension: 52x150
  • Lot Features: Corner Lot
  • Parcel Number: 093-091-11
  • Zoning: Residential
  • Zoning Specification: R5

Rental Info

  • Tenant Pays: All Utilities, Garbage Pick-up

Tax Info

  • Tax Value: 114800.00
  • Tax Location: Charlotte

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2016
Closed on
Dec 1, 2016
Sold by
Welling Gary L and Welling Pamla A
Bought by
Welling Li L and Welling Pamela A
Seller's Agent
Andrew Sutton
EXP Realty LLC Ballantyne
Buyer's Agent
Zoraida Payne
Zoraida Delgado Payne Real Estate LLC
List Price
$190,000
Sold Price
$185,685
Premium/Discount to List
-$4,315
-2.27%
Current Estimated Value
$530,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,400
Avg. Annual Appreciation
12.16%

Purchase Details

Closed on
Feb 23, 2010
Sold by
Instinct Investments Llc
Bought by
Welling Gary L and Welling Pamela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2007
Sold by
C Watson Properties Llc
Bought by
Instinct Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,250
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2007
Sold by
Watson Charles R and Watson Drue
Bought by
C Watson Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,250
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Watson Charles R

Purchase Details

Closed on
Mar 5, 2007
Sold by
Awuah Yaw
Bought by
Deutsche Bank National Trust Co and Morgan Stanley Abs Capital I Inc Trust 2

Purchase Details

Closed on
Apr 21, 2004
Sold by
Emina Charles A and Emina Glenda F
Bought by
Awauh Yaw
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Welling Li L $190,000 None Available
Welling Gary L $153,000 None Available
Instinct Investments Llc $86,000 None Available
C Watson Properties Llc -- None Available
C Watson Properties Llc -- None Available
Waton Charles R -- None Available
Watson Charles R $42,000 None Available
Deutsche Bank National Trust Co $123,735 None Available
Awauh Yaw $125,000 Nations Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Welling Gary L $120,000
Previous Owner C Watson Properties Llc $40,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2016 12/02/16 Sold $185,685 -2.3% $121 / Sq Ft
11/04/2016 11/04/16 Pending -- -- --
09/24/2016 09/24/16 For Sale $190,000 -- $123 / 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
2025 $3,309 $396,400 $230,000 $166,400
2024 $3,309 $396,400 $230,000 $166,400
2023 $3,186 $396,400 $230,000 $166,400
2022 $2,720 $255,800 $120,000 $135,800
2021 $2,698 $255,800 $120,000 $135,800
2020 $2,683 $255,800 $120,000 $135,800
2019 $2,652 $255,800 $120,000 $135,800
2018 $1,653 $114,800 $40,000 $74,800
2017 $1,612 $114,800 $40,000 $74,800
2016 $1,593 $114,800 $40,000 $74,800
2015 $1,570 $114,800 $40,000 $74,800
2014 $1,552 $114,800 $40,000 $74,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3218269

Canopy MLS (Canopy Realtor® Association)

APN: 093-091-11