$533,960
SOLD OCT 13, 2015
3 Beds
2 Baths
847 Sq Ft
3.96 Acres

Recently Sold

$630 Per Sq Ft

8% Below List Price

44 Days on Market

About This Home

As of January 2025

Great investment opportunity! This is a 12 unit tenant occupied property. Great Location! Close to UNCC and shopping. Each unit has 3BR/2BA, private in unit laundry hook up, spacious living room, large terrace and an open kitchen layout.

Last Agent to Sell the Property

Hattie Wheeler

Lyrubec Properties LLC License #274598 Listed on: 05/04/2015

Last Buyer's Agent

Deborah Jefferson

Coldwell Banker Realty License #231619

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1995

Home Design

  • Vinyl Siding

Additional Features

  • Laminate Flooring
  • 2 Full Bathrooms
  • Terrace

Listing and Financial Details

  • Tenant pays for all utilities
  • Rent includes exterior maintenance, outdoor lighting
  • Assessor Parcel Number 049-296-49

Property Details

Home Type

Multi-Family

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.91746
  • Ratio Close Price By Original Li: 0.91746
  • Ratio Current Price By Sq Ft: 630.41
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Equipment: Disposal, Dryer, Dishwasher, Electric Range, Refrigerator, Exhaust Hood, Washer, Electric Oven
  • Flooring: Laminate Tile, Carpet
  • Laundry Location: Closet
  • Total Sq Ft: 847

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Exterior Features: Terrace

Garage/Parking

  • Parking: Lot

Utilities

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

Condo/Co-op/Association

  • Association Fee: 125.00
  • Hoa Subject To Dues: Mandatory
  • HOA Subject to Dues YN: Yes

Schools

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

Lot Info

  • Lot Dimension: 0x0x0
  • Parcel Number: 049-296-49
  • Zoning Specification: R9MFCD

Rental Info

  • Rent Includes: Exterior Maintenance, Outdoor Lighting
  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 41100.00
  • Tax Location: Mecklenburg

Multi Family

  • Unit Count: 12
  • Number Of Units Total: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2024
Closed on
Jan 23, 2025
Sold by
Pinnacle Real Estate Holdings Llc
Bought by
Sinclair Douglas James
Seller's Agent
Deborah Jefferson
Coldwell Banker Realty
Buyer's Agent
Julie Comstock
NorthGroup Real Estate LLC
List Price
$215,000
Sold Price
$208,000
Premium/Discount to List
-$7,000
-3.26%
Views
110
Current Estimated Value
$202,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,317
Avg. Annual Appreciation
-4.09%
Original Mortgage
$140,000
Outstanding Balance
$139,245
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$63,438

Purchase Details

Closed on
Jan 11, 2022
Sold by
Arlyn Circle Holdings Llc
Bought by
Pinnacle Real Estate Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,841,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2017
Sold by
Pinnecle Real Estate Holdings Llc
Bought by
Arlyn Circle Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.05%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
May 4, 2015
Closed on
Oct 8, 2015
Sold by
Westwood Asset Management Llc
Bought by
Pinnacle Real Estate Holdings Llc
Seller's Agent
Hattie Wheeler
Lyrubec Properties LLC
Buyer's Agent
Deborah Jefferson
Coldwell Banker Realty
List Price
$582,000
Sold Price
$533,960
Premium/Discount to List
-$48,040
-8.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.31%
Original Mortgage
$400,470
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2013
Sold by
Mandelblatt Carl W and Mandelblatt Gail
Bought by
Westwood Asset Management Llc

Purchase Details

Closed on
Sep 16, 2011
Sold by
Lukoff Mandelblatt Llc
Bought by
Colville Ii Homeowners Association Inc

Purchase Details

Closed on
Jan 16, 2007
Sold by
Mandelblatt Carl W and Mandelblatt Gail
Bought by
Lukoff Mandelblatt Llc

Purchase Details

Closed on
Jul 26, 2005
Sold by
Leighton Charles and Leighton Edwina
Bought by
Mandelblatt Carl W and Mandelblatt Gail
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $208,000 None Listed On Document
Warranty Deed $208,000 None Listed On Document
Deed -- Harry Marsh Law
Warranty Deed -- None Available
Warranty Deed $534,000 None Available
Trustee Deed $464,408 None Available
Foreclosure Deed $7,500 None Available
Warranty Deed -- None Available
Warranty Deed $1,135,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,000 New Conventional
Closed $15,000 New Conventional
Closed $140,000 New Conventional
Previous Owner $1,841,000 New Conventional
Previous Owner $900,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $900,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $400,470 New Conventional
Previous Owner $40,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2025 01/23/25 Sold $208,000 -3.3% $224 / Sq Ft
12/07/2024 12/07/24 Pending -- -- --
07/16/2024 07/16/24 For Sale $215,000 -59.7% $231 / Sq Ft
10/13/2015 10/13/15 Sold $533,960 -8.3% $630 / Sq Ft
06/17/2015 06/17/15 Pending -- -- --
05/04/2015 05/04/15 For Sale $582,000 -- $687 / 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
2024 $1,097 $124,623 -- $124,623
2023 $1,148 $124,623 $0 $124,623
2022 $839 $73,900 $0 $73,900
2021 $903 $73,900 $0 $73,900
2020 $820 $73,900 $0 $73,900
2019 $805 $73,900 $0 $73,900
2018 $613 $41,100 $12,500 $28,600
2017 $595 $41,100 $12,500 $28,600
2016 $586 $41,100 $12,500 $28,600
2015 $574 $41,100 $12,500 $28,600
2014 $567 $41,100 $12,500 $28,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3081008

Canopy MLS (Canopy Realtor® Association)

APN: 049-296-49