NOT LISTED FOR SALE

1541 Thomas Ave Unit L17 & 18 Charlotte, NC 28205

Plaza Midwood Neighborhood

Estimated Value: $1,003,000 - $1,291,466

6 Beds
3 Baths
3,435 Sq Ft
$327/Sq Ft Est. Value

Last Sold December 04, 2018

Last sale price $695,000 $202 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $6,320/month

Highlights

  • Traditional Architecture
  • Corner Lot
  • Fireplace
  • Wood Flooring

About This Home

As of December 2018

Excellent investment opportunity, owner says "sell" in 2018! Corner lot of Thomas Ave and Kensington Dr. Just three blocks from Midwood blocks away from Central Ave. Listed for sale is a front and back lot, 1541/1543 Thomas Ave are 2BR/1BA, 2-sty duplex with excellent rental potential. 1545 is a 2BR/1BA single family rambler with front porch. Lot 17 is R-5, but Lot 18 is R22 MF.

Last Agent to Sell the Property

Ryan Hollins

Century 21 At The University License #204175 Listed on: 09/13/2018

Century 21 At The University

Last Buyer's Agent

Ryan Hollins

Century 21 At The University License #204175 Listed on: 09/13/2018

Century 21 At The University

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1934

Lot Details

  • Corner Lot

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • Fireplace

Flooring

  • Wood
  • Tile
  • Vinyl

Listing and Financial Details

  • Tenant pays for all utilities
  • Rent includes exterior maintenance, sewer
  • Assessor Parcel Number 081-184-13
  • Tax Block 35

Property Details

Home Type

Multi-Family

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 1616279.07
  • Ratio Current Price By Sq Ft: 202.33
  • Year Built: 1934
  • Property Features: Cable Available, Fireplace, Range/Oven, Refrigerator, W/D Connection
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Basement Inside Entrance, Basement Outside Entrance
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Equipment: Ceiling Fan(s), CO Detector, Cable Prewire, Dishwasher, Electric Range, Microwave, Refrigerator, Electric Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Wood
  • Laundry Location: Basement
  • Total Sq Ft: 3435

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Lot Dimension: 72 x 48 x 73 31 x155 x 54 x 136
  • Lot Features: Corner Lot
  • Lot Size Area: 0.430
  • Parcel Number: 081-184-13
  • Plat Book Slide: 409
  • Zoning Specification: Lot 17

Rental Info

  • Rent Includes: Exterior Maintenance, Sewer
  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 395600.00
  • Tax Block: 35
  • Tax Location: Charlotte

Multi Family

  • Unit Count: 3
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2019
Sold by
A Helping Hand Property Solutions 2 Llc
Bought by
Carolinas Revitalization Llc
Current Estimated Value
$1,124,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,000
Outstanding Balance
$466,958
Interest Rate
4.4%
Mortgage Type
Construction
Estimated Equity
$689,881

Purchase Details

Closed on
Apr 15, 2019
Sold by
A Helping Hand Property Solutions 2 Llc
Bought by
Carolina Revitalization Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,000
Outstanding Balance
$466,958
Interest Rate
4.4%
Mortgage Type
Construction
Estimated Equity
$689,881

Purchase Details

Listed on
Sep 13, 2018
Closed on
Dec 4, 2018
Sold by
Sevcik Charles S
Bought by
A Helping Hand Property Solutions 2 Llc
Seller's Agent
Ryan Hollins
Century 21 At The University
Buyer's Agent
Ryan Hollins
Century 21 At The University
Sold Price
$695,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
Original Mortgage
$558,000
Interest Rate
4.8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Carolinas Revitalization Llc -- None Available
Carolina Revitalization Llc -- None Available
A Helping Hand Property Solutions 2 Llc $695,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carolinas Revitalization Llc $529,000
Closed Carolina Revitalization Llc $529,000
Previous Owner A Helping Hand Property Solutions 2 Llc $558,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2018 12/04/18 Sold $695,000 -- $202 / Sq Ft
09/13/2018 09/13/18 Pending -- -- --
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 $4,562 $555,400 $315,000 $240,400
2024 $4,562 $555,400 $315,000 $240,400
2023 $4,397 $555,400 $315,000 $240,400
2022 $4,346 $420,200 $220,000 $200,200
2021 $4,398 $420,200 $220,000 $200,200
2020 $4,376 $549,600 $220,000 $329,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Ryan Hollins

    Century 21 At The University

    (704) 458-1955

    18 Total Sales

    Ryan Hollins
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3432818

Canopy MLS (Canopy Realtor® Association)

APN: 081-184-13

North Carolina Mecklenburg County Charlotte 28205 Plaza Midwood

1541 Thomas Ave Unit L17 & 18, Charlotte, NC

This home is located at 1541 Thomas Ave Unit L17 & 18, Charlotte, NC 28205 since 13 September 2018 and is currently estimated at $1,124,822, approximately $327 per square foot. This property was built in 1934. 1541 Thomas Ave Unit L17 & 18 is a home located in Mecklenburg County with nearby schools including Shamrock Gardens Elementary School, Eastway Middle School, and Garinger High School.

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