NOT LISTED FOR SALE

Estimated Value: $902,000 - $961,341

3 Beds
2 Baths
1,868 Sq Ft
$504/Sq Ft Est. Value

Sale Details

Date Sold: May 1, 2023

Last sale price $890,000 $476 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,526 / mo

3 Days on Market

Highlights

  • Wooded Lot
  • Fireplace
  • More Than Two Accessible Exits
  • Wood Flooring
  • Tankless Water Heater
  • Bungalow

About This Home

As of May 2023

Classic 1929 bungalow that now shows like new, combined with the tremendous charm and character of then. Beautiful and terrifically functional kitchen creates the nucleus of this lovely 3 bedroom 2 bath home with bar seating, granite countertops, custom cabinetry, stainless appliances and a well-designed flow for cooking and entertaining. 1508 School Street is conveniently located just two blocks from “Downtown” Plaza Midwood, along one of the most fun and funky streetscapes in all of Charlotte, hosting a near plethora of eats, drinks, conveniences and more. The Harris Teeter, US Post office, Milkbread, The Workman’s Friend, Zada Janes Corner Café, Bistro La Bon, Supperland, Common Market. The list goes on, just a quick scoot from your own front door.
Come tour the home, walk the neighborhood and feel for yourself, where peace and quiet meet convenience and safety in one of Charlotte’s most desirable neighborhoods in which to live, work and play. SEE THE VIRTUAL TOUR/VIDEO!

Last Agent to Sell the Property

Steve Montgomery

Greater Charlotte Properties License #292382 Listed on: 03/19/2023

Last Buyer's Agent

John Fitzpatrick

EXP Realty LLC Ballantyne License #302236

EXP Realty LLC Ballantyne

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • Back Yard Fenced
  • Wooded Lot
  • Property is zoned R5

Parking

  • 1 Car Garage
  • 1 Attached Carport Space

Home Design

  • Bungalow
  • Slab Foundation
  • Hardboard

Interior Spaces

  • 1,868 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Insulated Doors
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laundry in Utility Room

Kitchen

  • Oven
  • Gas Cooktop
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Shamrock Gardens Elementary School
  • Eastway Middle School
  • Garinger High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Fire Pit

Community Details

  • Midwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 081-172-03

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

6,098 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1929
  • Restrictions: N/A
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 476.45
  • Geocode Confidence: High
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space, Slab
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1868
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Freezer, Gas Cooktop, Oven, Refrigerator, Tankless Water Heater
  • Above Grade Finished Sq Ft: 1868
  • Accessibility Features: Two or More Access Exits
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Door(s)
  • Living Area: 1868
  • Bedroom Main: 3

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard
  • Waterfront Features: None
  • Construction Type: Hardboard Siding
  • Other Structures: Other - See Remarks

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Carport

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Utility Room
  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Gas
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Wooded
  • Lot Size Units: Acres
  • Parcel Number: 081-172-03
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R5

MLS Schools

  • Elementary School: Shamrock Gardens
  • High School: Garinger

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2023
Closed on
May 1, 2023
Sold by
Burnett Wesley Thomas
Bought by
Titone Bonnie B
Seller's Agent
Steve Montgomery
Greater Charlotte Properties
Buyer's Agent
John Fitzpatrick
EXP Realty LLC Ballantyne
List Price
$877,700
Sold Price
$890,000
Premium/Discount to List
$12,300
1.4%
Views
451
Current Estimated Value
$940,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,835
Avg. Annual Appreciation
1.91%
Original Mortgage
$712,000
Outstanding Balance
$692,948
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$247,887

Purchase Details

Closed on
Nov 13, 2014
Sold by
The Estate Of Lawrence Richard Mcrae
Bought by
Eqvision2 Llc

Purchase Details

Closed on
Nov 22, 2005
Sold by
Blake Earline M
Bought by
Mcrae Lawence R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Titone Bonnie B $890,000 None Listed On Document
Titone Bonnie B $890,000 None Listed On Document
Eqvision2 Llc $189,000 Chicago Title
Mcrae Lawence R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Titone Bonnie B $712,000
Closed Titone Bonnie B $712,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2023 05/01/23 Sold $890,000 +1.4% $476 / Sq Ft
03/19/2023 03/19/23 For Sale $877,700 -- $470 / Sq Ft
Source: Canopy MLS

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 $6,045 $778,100 $315,000 $463,100
2024 $6,045 $778,100 $315,000 $463,100
2023 $5,189 $688,400 $315,000 $373,400
2022 $4,686 $472,600 $220,000 $252,600
2021 $4,675 $472,600 $220,000 $252,600
2020 $4,668 $472,600 $220,000 $252,600
2019 $4,652 $472,600 $220,000 $252,600
2018 $4,407 $330,300 $152,000 $178,300
2017 $4,338 $330,300 $152,000 $178,300
2016 -- $214,700 $152,000 $62,700
2015 $2,824 $214,700 $152,000 $62,700
2014 $1,665 $249,100 $160,000 $89,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: 4011145

Canopy MLS

APN: 081-172-03

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