NOT LISTED FOR SALE

1611 Central Ave Unit 403 Charlotte, NC 28205

Plaza Midwood Neighborhood

Estimated Value: $271,013 - $320,000

1 Bed
1 Bath
670 Sq Ft
$200/mo HOA Fee

Last Sold January 14, 2021

Last sale price $200,000 $299 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,894/month

1 Day on Market

Highlights

  • Open Floorplan
  • Modern Architecture
  • Elevator
  • Engineered Wood Flooring
  • Terrace
  • Walk-In Closet

About This Home

As of January 2021

Welcome home to the heart of Plaza Midwood. Wonderful open floorplan on the top floor of Central 27. Let the outside in with your very own window garage door. Terrace opens to enjoying the Midwood scene and views. High ceilings, wood and tile flooring throughout. Open airy kitchen with under cabinet lighting and stainless built-in appliances. Oversized bathroom with Elfa custom closet added by owner. Modern living at it's best!

Last Agent to Sell the Property

Erica Vaughan

Ivester Jackson Christie's License #233397 Listed on: 12/11/2020

Last Buyer's Agent

Wendy Noonan

ProStead Realty License #264870

ProStead Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2007

Lot Details

  • 0.41

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Modern Architecture
  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Window Treatments
  • Oven

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 1 Full Bathroom

Outdoor Features

  • Terrace

Listing and Financial Details

  • Assessor Parcel Number 081-173-40

Community Details

Overview

  • Mid-Rise Condominium

Amenities

  • Elevator

Property Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Mid-Rise
  • Architectural Style: Modern
  • Ratio Close Price By List Price: 1.00050
  • Ratio Close Price By Original Li: 1.00050
  • Ratio Current Price By Sq Ft: 298.51
  • Unit Floor Level: 4
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Doors and Windows: g-Insulated Door(s)
  • Entry Level: Main
  • Equipment: Cooktop Electric, Dishwasher, Microwave, Oven
  • Flooring: Prefinished Wood, Tile
  • Interior Amenities: Open Floorplan, Walk-In Closet(s), Window Treatments
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 670
  • Total Sq Ft: 670

Exterior Features

  • Construction: Hard Stucco
  • Construction Type: Site Built
  • Exterior Features: Terrace

Garage/Parking

  • Parking: Parking Garage

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Elevator
  • Association Fee: 200.00
  • Association Fee Frequency: Monthly
  • Complex Name: Central 27
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Views
  • Parcel Number: 081-173-40
  • Zoning Specification: B2

Tax Info

  • Tax Value: 172600.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2020
Closed on
Jan 12, 2021
Sold by
Shaw Peter A
Bought by
Falzarano Jarred
Seller's Agent
Erica Vaughan
Ivester Jackson Christie's
Buyer's Agent
Wendy Noonan
ProStead Realty
List Price
$199,900
Sold Price
$200,000
Premium/Discount to List
$100
0.05%
Current Estimated Value
$291,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,253
Avg. Annual Appreciation
8.36%
Original Mortgage
$150,000
Outstanding Balance
$134,182
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$157,071

Purchase Details

Listed on
Sep 27, 2017
Closed on
Dec 21, 2017
Sold by
Beach Tiffany and Anderson David A
Bought by
Shaw Peter A
Seller's Agent
Mark Griffin
Nestlewood Realty, LLC
Buyer's Agent
Erica Vaughan
Ivester Jackson Christie's
List Price
$179,900
Sold Price
$171,000
Premium/Discount to List
-$8,900
-4.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.24%
Original Mortgage
$153,900
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2013
Sold by
Pierce Patrick E and Pierce Susan W
Bought by
Beach Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,600
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2007
Sold by
Central 22 Llc
Bought by
Pierce Patrick E and Pierce Susan E
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
Falzarano Jarred $200,000 Tryon Title
Shaw Peter A $171,000 None Available
Beach Tiffany $124,500 None Available
Pierce Patrick E $183,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Falzarano Jarred $150,000
Previous Owner Shaw Peter A $153,900
Previous Owner Beach Tiffany $99,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2021 01/14/21 Sold $200,000 +0.1% $299 / Sq Ft
12/12/2020 12/12/20 Pending -- -- --
12/11/2020 12/11/20 For Sale $199,900 +16.9% $298 / Sq Ft
12/21/2017 12/21/17 Sold $171,000 -4.9% $257 / Sq Ft
11/20/2017 11/20/17 Pending -- -- --
09/27/2017 09/27/17 For Sale $179,900 -- $271 / 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 $1,867 $226,268 -- $226,268
2024 $1,867 $226,268 -- $226,268
2023 $1,799 $226,268 $0 $226,268
2022 $1,666 $172,600 $0 $172,600
2021 $1,666 $172,600 $0 $172,600
2020 $1,773 $172,600 $0 $172,600
2019 $1,757 $172,600 $0 $172,600
2018 $1,681 $122,500 $40,000 $82,500
2017 $1,649 $122,500 $40,000 $82,500
2016 $1,639 $122,500 $40,000 $82,500
2015 $1,628 $122,500 $40,000 $82,500
2014 $1,612 $126,500 $44,000 $82,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3690428

Canopy MLS (Canopy Realtor® Association)

APN: 081-173-40