NOT LISTED FOR SALE

1611 Chatham Ave Unit TOW0008 Charlotte, NC 28205

Plaza Midwood Neighborhood

Estimated Value: $506,692 - $604,000

2 Beds
2.5 Baths
1,614 Sq Ft
$275/mo HOA Fee

Last Sold February 06, 2020

Last sale price $399,057 $247 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,458/month

204 Days on Market

Highlights

  • New Construction
  • Engineered Wood Flooring
  • Attached Garage
  • Contemporary Architecture
  • Terrace
  • Walk-In Closet

About This Home

As of February 2020

Modern middle-unit townhome in Plaza Midwood, just minutes to uptown Charlotte. 9' ceilings on all floors. This 3-story home has a 2-car tandem garage with built-in drop zone at the garage entry, plus a large storage closet. 2nd floor family room, powder room, dining room, kitchen, and terrace with storage. Kitchen with quartz countertops, willow grey painted 42” cabinets, GE Profile stainless steel dishwasher, double-oven gas range, GE Monogram microwave drawer in island, SS wall-mounted chimney hood, and 3x6 glass tile backsplash. Dining area has a Butler's Pantry with wine fridge. 3rd floor owner’s suite has an owner’s bath that includes a vanity with dual sinks, marble countertop, white painted cabinets, water closet, and a large tiled shower. 3rd floor includes a secondary bedroom with full bath and walk-in closet, and stacked laundry closet. Hardwood flooring in most of the main living areas, tile in full baths. Connected Smart Home Package included. Walk to bars & restaurants!

Last Agent to Sell the Property

Michele Scott

EHC Brokerage LP License #189962 Listed on: 06/25/2019

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 871

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • Attached Garage
  • Shared Driveway

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Stone Siding

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Additional Features

  • Insulated Windows
  • Terrace
  • Many Trees

Community Details

  • Henderson Properties Association, Phone Number (704) 535-1122
  • Built by Shea Homes

Listing and Financial Details

  • Assessor Parcel Number 09508742

Property Details

Home Type

Condominium

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$275 per month

Parking

2

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 3 Story
  • Architectural Style: Contemporary
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.92444
  • Ratio Current Price By Acre: 19952850.00
  • Ratio Current Price By Sq Ft: 247.25
  • Unit Floor Level: 1
  • Year Built: 2019
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows
  • Entry Level: Lower
  • Equipment: Ceiling Fan(s), CO Detector, Cable Prewire, Double Oven, Disposal, Dishwasher, Electric Dryer Hookup, Gas Range, Microwave, Exhaust Hood, Self Cleaning Oven, Gas Oven
  • Flooring: Prefinished Wood, Tile
  • H O A Management Phone: 704-535-1122
  • Interior Amenities: Built-Ins, Walk-In Closet(s)
  • Laundry Location: Third, Closet
  • Room Count: 3
  • Lower Level Sq Ft: 172
  • Main Level Sq Ft: 655
  • Third Level Sq Ft: 787
  • Total Sq Ft: 1614
  • Sq Ft Unheated Lower: 563
  • Sq Ft Unheated Total: 563

Exterior Features

  • Construction: Brick Partial, Fiber Cement, Shingle, Stone, Synthetic Stucco
  • Construction Type: Site Built
  • Exterior Features: Terrace
  • New Construction: Yes

Garage/Parking

  • Driveway: Shared
  • Parking: Attached Garage, Back Load Garage, Garage - 2 Car, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalk, Street Lights
  • Association Fee: 275.00
  • Association Fee Frequency: Monthly
  • Complex Name: Towns on Central
  • HOA Management Company: Henderson Properties
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Land Included Yn: Yes
  • Lot Dimension: 16 x 61.4
  • Lot Features: Trees
  • Lot Size Area: 0.020
  • Parcel Number: 09508742
  • Zoning Specification: Res

Building Info

  • Builder Name: Shea Homes

Tax Info

  • Tax Value: 399057.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2021
Sold by
Granger Hailey and Granger Alex
Bought by
Patel Shyam Rajeshkumar
Current Estimated Value
$549,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,350
Outstanding Balance
$328,606
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$221,317

Purchase Details

Listed on
Jun 25, 2019
Closed on
Feb 6, 2020
Sold by
Shea Investment Fund 4 Llc
Bought by
Hoffer Hailey
Seller's Agent
Michele Scott
EHC Brokerage LP
Buyer's Agent
Non Member
Canopy Administration
List Price
$431,674
Sold Price
$399,057
Premium/Discount to List
-$32,617
-7.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$379,050
Interest Rate
3.74%
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
Patel Shyam Rajeshkumar $431,500 Austin Title Llc
Hoffer Hailey $399,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Shyam Rajeshkumar $360,350
Previous Owner Hoffer Hailey $379,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2020 02/06/20 Sold $399,057 0.0% $247 / Sq Ft
01/15/2020 01/15/20 Pending -- -- --
01/06/2020 01/06/20 Price Changed $399,057 -0.2% $247 / Sq Ft
11/05/2019 11/05/19 Price Changed $399,774 -7.4% $248 / Sq Ft
06/26/2019 06/26/19 Price Changed $431,774 0.0% $268 / Sq Ft
06/25/2019 06/25/19 For Sale $431,674 -- $267 / 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 $3,348 $421,900 $180,000 $241,900
2024 $3,348 $421,900 $180,000 $241,900
2023 $3,234 $421,900 $180,000 $241,900
2022 $3,964 $397,800 $180,000 $217,800
2021 $3,313 $335,500 $180,000 $155,500
2020 $3,238 $16,700 $16,700 $0
2019 $161 $16,700 $16,700 $0
2018 $258 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3522845

Canopy MLS (Canopy Realtor® Association)

APN: 095-087-42