NOT LISTED FOR SALE

1611 Central Ave Unit 405 Charlotte, NC 28205

Plaza Midwood Neighborhood

Estimated Value: $270,515 - $349,000

1 Bed
1 Bath
660 Sq Ft
2007 Built

Last Sold August 27, 2018

Last sale price $165,000 $250 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,728/month

151 Days on Market

About This Home

As of August 2018

Just painted! Unbeatable location in the heart of Plaza Midwood, only two miles out of center city Charlotte, this studio condominium is walking distance to all restaurants, shopping and grocery stores. Open concept floor plan with stacked washer and dryer and walk-in closet. Fantastic natural light with opening garage door access to patio in this top floor unit with stunning views. More functional kitchen with added island.

Last Agent to Sell the Property

Sarah Kelley

Premier Sotheby's International Realty License #256360 Listed on: 03/07/2018

Premier Sotheby's International Realty

Last Buyer's Agent

Ashley Krisel

5 Points Realty License #274247

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2007

Home Design

  • Slab Foundation

Bedrooms and Bathrooms

  • 1 Full Bathroom

Community Details

  • Ams Association, Phone Number (803) 831-7023
  • Mid-Rise Condominium

Listing and Financial Details

  • Assessor Parcel Number 081-173-42

Property Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Mid-Rise
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98507
  • Ratio Close Price By Original Li: 0.90709
  • Ratio Current Price By Sq Ft: 250.00
  • 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
  • Entry Level: Main
  • Equipment: Cable Prewire, Dishwasher, Disposal, Dryer, Washer
  • H O A Management Phone: 803-831-7023
  • Laundry Location: Closet
  • Room Count: 1
  • Main Level Sq Ft: 660
  • Total Sq Ft: 660

Exterior Features

  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Parking: Parking Garage

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Complex Name: Central 27
  • HOA Management Company: AMS

Schools

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

Lot Info

  • Parcel Number: 081-173-42
  • Zoning Specification: B2

Tax Info

  • Tax Value: 122300.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2018
Closed on
Aug 27, 2018
Sold by
Matrulli Fred J and Matrulli Lisanne
Bought by
Hilsman Kenneth R
Seller's Agent
Sarah Kelley
Premier Sotheby's International Realty
Buyer's Agent
Ashley Krisel
5 Points Realty
List Price
$181,900
Sold Price
$165,000
Premium/Discount to List
-$16,900
-9.29%
Current Estimated Value
$297,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,629
Avg. Annual Appreciation
8.70%
Original Mortgage
$133,650
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2007
Sold by
Central 22 Llc
Bought by
Matrulli Fred J and Matrulli Lisanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,250
Interest Rate
6.25%
Mortgage Type
New Conventional
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
Hilsman Kenneth R $165,000 None Available
Matrulli Fred J $172,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hilsman Kenneth R $130,300
Closed Hilsman Kenneth R $133,650
Previous Owner Matrulli Fred J $129,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2018 08/27/18 Sold $165,000 -1.5% $250 / Sq Ft
08/05/2018 08/05/18 Pending -- -- --
08/01/2018 08/01/18 Price Changed $167,500 -2.0% $254 / Sq Ft
07/15/2018 07/15/18 Price Changed $171,000 -2.3% $259 / Sq Ft
05/29/2018 05/29/18 Price Changed $175,000 -3.8% $265 / Sq Ft
03/07/2018 03/07/18 For Sale $181,900 0.0% $276 / Sq Ft
03/07/2017 03/07/17 Rented $1,050 0.0% --
02/05/2017 02/05/17 Under Contract -- -- --
01/20/2017 01/20/17 For Rent $1,050 -- --
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 $1,791 $172,600 $0 $172,600
2021 $1,780 $172,600 $0 $172,600
2020 $1,773 $172,600 $0 $172,600
2019 $1,757 $172,600 $0 $172,600
2018 $1,678 $122,300 $40,000 $82,300
2017 $1,646 $122,300 $40,000 $82,300
2016 $1,637 $122,300 $40,000 $82,300
2015 $1,625 $122,300 $40,000 $82,300
2014 $1,610 $126,300 $44,000 $82,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3360772

Canopy MLS (Canopy Realtor® Association)

APN: 081-173-42