NOT LISTED FOR SALE

1501 Cleveland Ave Unit C Charlotte, NC 28203

Dilworth Neighborhood

Estimated Value: $275,000 - $363,000

1 Bed
1 Bath
744 Sq Ft
$430/Sq Ft Est. Value

Last Sold August 06, 2020

Last sale price $202,000 $272 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,075/month

48 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Walk-In Closet
  • Dilworth Elementary School: Latta Campus Rated A-

About This Home

As of August 2020

Welcome to this charming and light filled 2nd story 1 bed, 1 bath condo in the heart of the Dilworth Historic District! Fresh paint and carpet throughout. Completely renovated kitchen with new cabinets, granite countertops, stainless steel appliances, & flooring. Large combined living & dining room with lots of windows! Bedroom with hardwood floors, built in bookcase, ceiling fan & walk-in closet. Bathroom features new flooring, updated vanity, new toilet & shower/tub combination. Coat closet off living room. Laundry closet off kitchen. Back door provides private entrance from parking lot. Attic stairs pulldown in bedroom allow access to unit’s private attic storage space. Condo is part of a 4 unit building within Rensselaer Place, a unique development of historic multi-family and single family homes. Amazing location close to East Blvd, Latta Park & South End! New Roof 2020

Last Agent to Sell the Property

Scott Wurtzbacher

W Realty Group Inc. License #224325 Listed on: 05/21/2020

Co-Listed By

Lisa Thyer

LET Properties Holdings LLC License #250879

Last Buyer's Agent

Catherine Metze

Allen Tate SouthPark License #170309

Allen Tate SouthPark

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

HOA Fees

  • $189 Monthly HOA Fees

Home Design

  • Colonial Architecture

Flooring

  • Wood
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 1 Full Bathroom

Attic

  • Pull Down Stairs to Attic

Basement

  • Crawl Space

Community Details

  • Rensselaer Home Owners Association, Phone Number (704) 333-3355

Listing and Financial Details

  • Assessor Parcel Number 123-071-52

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0

HOA Fees

$189 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Fourplex
  • Architectural Style: Colonial
  • Ratio Close Price By List Price: 1.01051
  • Ratio Close Price By Original Li: 1.01051
  • Ratio Current Price By Sq Ft: 271.51
  • Unit Floor Level: 2
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Dishwasher, Disposal, Electric Dryer Hookup, Electric Range, Microwave
  • Flooring: Carpet, Vinyl, Vinyl Plank, Wood
  • H O A Management Phone: 7043333355
  • Interior Amenities: Attic Stairs Pulldown, Walk-In Closet(s)
  • Laundry Location: Main, Closet
  • Room Count: 1
  • Main Level Sq Ft: 744
  • Total Sq Ft: 744

Exterior Features

  • Construction: Hardboard Siding
  • Construction Type: Site Built

Garage/Parking

  • Parking: Lot, On-Street Parking

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 188.65
  • Association Fee Frequency: Monthly
  • Complex Name: Rensselaer Place
  • HOA Management Company: Rensselaer Home Owners Association
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Dilworth Latta Campus/Dilworth Sedgefield Campus
  • Middle School: Sedgefield
  • High School: Myers Park

Lot Info

  • Parcel Number: 123-071-52
  • Zoning Specification: R22MF

Tax Info

  • Tax Value: 168100.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2020
Closed on
Aug 6, 2020
Sold by
Patterson Stephen Allen and Grayson Martha
Bought by
Bearden Donald and Bearden Patrice
Seller's Agent
Scott Wurtzbacher
W Realty Group Inc.
Buyer's Agent
Catherine Metze
Allen Tate SouthPark
List Price
$199,900
Sold Price
$202,000
Premium/Discount to List
$2,100
1.05%
Total Days on Market
48
Current Estimated Value
$320,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,201
Avg. Annual Appreciation
9.84%
Original Mortgage
$141,400
Outstanding Balance
$127,871
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$189,692
Source: Public Records

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Range of Values:

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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
Bearden Donald $202,000 Barristers Ttl Svcs Of Carol
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bearden Donald $141,400
Previous Owner Patterson Stephen A $48,500
Previous Owner Patterson Stephen A $50,500
Previous Owner Saulpaugh Ashley J $16,089
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2020 08/06/20 Sold $202,000 +1.1% $272 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $199,900 -1.0% $269 / Sq Ft
06/09/2020 06/09/20 Off Market $202,000 -- --
06/09/2020 06/09/20 For Sale $199,900 -1.0% $269 / Sq Ft
06/02/2020 06/02/20 Off Market $202,000 -- --
05/21/2020 05/21/20 For Sale $199,900 -- $269 / 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
2023 $2,247 $337,213 $0 $337,213
2022 $1,748 $168,100 $0 $168,100
2021 $1,737 $168,100 $0 $168,100
2020 $1,622 $168,100 $0 $168,100
2019 $1,714 $168,100 $0 $168,100
2018 $1,889 $138,400 $65,000 $73,400
2017 $1,854 $138,400 $65,000 $73,400
2016 -- $138,400 $65,000 $73,400
2015 -- $138,400 $65,000 $73,400
2014 $1,817 $138,400 $65,000 $73,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3621749

Canopy MLS (Canopy Realtor® Association)

APN: 123-071-52