NOT LISTED FOR SALE

Estimated Value: $595,814 - $610,000

2 Beds
2.5 Baths
1,688 Sq Ft
$190/mo HOA Fee

Last Sold October 26, 2021

Last sale price $467,765 $277 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,883/month

98 Days on Market

Highlights

  • Under Construction
  • Contemporary Architecture
  • Lawn
  • Rooftop Deck
  • Wood Flooring
  • 4-minute walk to Five Points Plaza

About This Home

As of October 2021

Urban Hive is a city-side retreat of 22 townhomes, walking distance to the coming Gold Line & much of the coming improvements to the Five Points corridor. This new development offers a rare take on urban living, featuring duet-style townhomes with only one shared wall & 3 walls of windows for maximum natural light. Huge, private rooftop terraces, expansive city views, covered terrace of living room & tons of green space allow owners to enjoy the advantages of low maintenance home ownership without sacrificing outdoor space. Not to mention ample storage given the oversized 2+car garage & adjacent storage unit. Interiors feature large windows, SS appliances, gas range, Carrera quartz, chrome fixtures, pre-finished hardwoods in living areas and hallways, tile baths, PLUS optional private rear courtyard, backsplash options & rooftop turf upgrade.

Last Agent to Sell the Property

Patrick Deely

Savvy + Co Real Estate License #241205 Listed on: 08/06/2020

Co-Listed By

Lana Laws

Savvy + Co Real Estate License #208165

Last Buyer's Agent

Kaila Lindsey

EXP Realty LLC Ballantyne License #285764

EXP Realty LLC Ballantyne

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • Front Green Space
  • Lawn

HOA Fees

  • $190 Monthly HOA Fees

Parking

  • 2

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Slab Foundation

Flooring

  • Wood
  • Tile

Additional Features

  • Terrace

Listing and Financial Details

  • Assessor Parcel Number 07101849

Community Details

Overview

  • Greenway Management Association, Phone Number (704) 940-0847

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Year Built

Built in 2021 | Under Construction

Lot Details

0

HOA Fees

$190 per month

Parking

2

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 4 Story
  • Architectural Style: Contemporary, Modern
  • Construction Status: Under Construction
  • Proposed Special Assessment Desc: 2 months' HOA dues
  • Ratio Close Price By List Price: 1.03948
  • Ratio Close Price By Original Li: 1.03948
  • Ratio Current Price By Sq Ft: 277.11
  • Special Assessment Description: Capital Contribution
  • Special Assessment Yn: Yes
  • Unit Floor Level: 1
  • Year Built: 2021
  • Special Features: NewHome
  • Stories: 4

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 790
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Cable Prewire, CO Detector, Dishwasher, Exhaust Hood, Gas Oven, Gas Range, Microwave
  • Flooring: Tile, Wood
  • H O A Management Phone: (704) 940-0847
  • Laundry Location: Third
  • Room Count: 4
  • Lower Level Sq Ft: 73
  • Main Level Sq Ft: 744
  • Third Level Sq Ft: 81
  • Total Sq Ft: 1688

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance, Rooftop Terrace, Terrace
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

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

Condo/Co-op/Association

  • Community Features: Rooftop Terrace
  • Association Fee: 190.25
  • Association Fee Frequency: Monthly
  • Complex Name: Urban Hive West End
  • HOA Management Company: Greenway Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Ranson
  • High School: West Charlotte

Lot Info

  • Land Included Yn: Yes
  • Lot Features: City View, Green Area, Year Round View
  • Parcel Number: 07101849
  • Zoning Specification: R8

Tax Info

  • Tax Value: 200000.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2022
Sold by
Wesley Heights Development Llc
Bought by
Drown Lorraine and Drown Joshua
Current Estimated Value
$618,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Outstanding Balance
$395,466
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$174,787
Source: Public Records

Range of Values:

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Average Value
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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
Drown Lorraine $1,040 Miller Hogue Law Firm Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drown Lorraine $90,000
Open Drown Lorraine $416,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2021 10/26/21 Sold $467,765 +3.9% $277 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $450,000 -- $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
2023 $3,904 $509,000 $165,000 $344,000
2022 $4,288 $440,300 $175,000 $265,300
2021 $3,499 $362,600 $175,000 $187,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3637125

Canopy MLS (Canopy Realtor® Association)

APN: 071-018-49