NOT LISTED FOR SALE

1517 Montgomery St Charlotte, NC 28216

Biddleville Neighborhood
16 Beds
8 Baths
5,720 Sq Ft
0.31 Acres

Last Sold December 13, 2012

Last sale price $325,000 $57 Per Sq Ft

45 Days on Market

About This Home

As of December 2012

Two four-plex units on one lot just across from the new JCSU Mosaic Village. Total of 8 units, all 2BR at $400/month. Total of $3200 monthly rental income, currently 100% leased. Lots of new & proposed development in the area. Great views of Uptown from rear porches. Great investment opportunity in the early stages of the West Trade Street Corridor redevelopment program. Very flexible B1 zoning!

Last Agent to Sell the Property

Darren Benfield

Urban South Realty LLC License #206735 Listed on: 10/16/2012

Co-Listed By

Stormie Benfield

Urban South Realty LLC License #241739

Last Buyer's Agent

Michael Doney

5 Points Realty License #228949

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 0.31

Parking

  • Gravel Driveway

Additional Features

  • 8 Full Bathrooms
  • Crawl Space

Listing and Financial Details

  • Tenant pays for all utilities
  • Rent includes exterior maintenance, interior common lights
  • Assessor Parcel Number 078-182-11

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Eightplex
  • Ratio Close Price By List Price: 0.81250
  • Ratio Close Price By Original Li: 0.81250
  • Ratio Current Price By Acre: 1048387.10
  • Ratio Current Price By Sq Ft: 56.82
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 8
  • Total Bathrooms: 8.00
  • Total Bedrooms: 16
  • Total Sq Ft: 5720

Exterior Features

  • Construction: Brick Full

Garage/Parking

  • Driveway: Gravel

Utilities

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

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: Irregular
  • Lot Size Area: 0.310
  • Lot Size Units: Acres
  • Parcel Number: 078-182-11
  • Zoning: Multi Family Dwelling
  • Zoning Specification: B1

Rental Info

  • Rent Includes: Exterior Maintenance, Interior Common Lights
  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 110900.00
  • Tax Location: Charlotte

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 8

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
12/13/2012 12/13/12 Sold $325,000 -18.8% $57 / Sq Ft
11/30/2012 11/30/12 Pending -- -- --
10/16/2012 10/16/12 For Sale $400,000 -- $70 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Darren Benfield

    Urban South Realty LLC

    (704) 577-6703

    27 Total Sales

    Darren Benfield
    Section Image

  • S

    Seller Co-Listing Agent in 2012

    Stormie Benfield

    Urban South Realty LLC

    (704) 517-8545

    33 Total Sales

    Stormie Benfield
    Section Image
  • Michael Doney

    Buyer's Agent in 2012

    Michael Doney

    5 Points Realty

    (704) 819-3944

    15 in this area

    146 Total Sales

    Michael Doney
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR2113290

Canopy MLS (Canopy Realtor® Association)
North Carolina Mecklenburg County Charlotte 28216 Biddleville

1517 Montgomery St, Charlotte, NC

This home is located at 1517 Montgomery St, Charlotte, NC 28216 since 16 October 2012. This property was built in 1952. 1517 Montgomery St is a home located in Mecklenburg County with nearby schools including Bruns Avenue Elementary, Ranson Middle School, and West Charlotte High School.

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