NOT LISTED FOR SALE

1720 Catherine Simmons Ave Charlotte, NC 28216

Lincoln Heights Neighborhood

Estimated Value: $288,000 - $426,000

6 Beds
3 Baths
1,950 Sq Ft
$176/Sq Ft Est. Value

Last Sold August 19, 2014

Last sale price $56,100 $29 Per Sq Ft

Est. 512% increase in value since last sale

Current estimated payment $2,019/month

33 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • 2-minute walk to Lincoln Heights Park

About This Home

As of August 2014

Great investment opportunity , Property sold "as is" without repair, warranty or seller disclosure. Listing broker and seller assume no responsibility and make no guarantees, warranties or representations as to the availability or accuracy of information herein. Sold "as is" Neither the seller nor its assigns makes any warranties in regards to the existence of mold, radon or lead based paint or the harmful effects thereof.

Last Agent to Sell the Property

Kitty Robkhop

HK Carolina Realty LLC License #251408 Listed on: 06/27/2014

Last Buyer's Agent

SheAh Zhu

Keller Williams Ballantyne Area License #276749

Keller Williams Ballantyne Area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,405

Home Design

  • Triplex
  • Traditional Architecture

Additional Features

  • 3 Full Bathrooms
  • Crawl Space
  • Corner Lot

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 075-029-07

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.99822
  • Ratio Close Price By Original Li: 0.89904
  • Ratio Current Price By Acre: 330000.00
  • Ratio Current Price By Sq Ft: 28.77
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Equipment: Electric Range, Refrigerator, Electric Oven
  • Laundry Location: Main
  • Total Sq Ft: 1950

Exterior Features

  • Construction: Brick Full

Utilities

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

Schools

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

Lot Info

  • Lot Dimension: 50x150
  • Lot Features: Corner Lot
  • Lot Size Area: 0.170
  • Parcel Number: 075-029-07
  • Zoning Specification: R5

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 91800.00
  • Tax Location: Charlotte

Multi Family

  • Unit Count: 3
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2016
Sold by
Zhu Ymin and Zhu Sheah
Bought by
Homeynest Properties Llc
Current Estimated Value
$343,550

Purchase Details

Listed on
Jun 27, 2014
Closed on
Aug 12, 2014
Sold by
Wilmington Trust Na
Bought by
Zhu Yimin and Zhu Sheah
Seller's Agent
Kitty Robkhop
HK Carolina Realty LLC
Buyer's Agent
SheAh Zhu
Keller Williams Ballantyne Area
List Price
$62,400
Sold Price
$56,100
Premium/Discount to List
-$6,300
-10.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.83%

Purchase Details

Closed on
Jun 5, 2014
Sold by
Thomson Debra and Thomason Debra
Bought by
Wilmington Trust Na

Purchase Details

Closed on
Mar 26, 2007
Sold by
Vaughn Jason
Bought by
Thomason Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,000
Interest Rate
6.18%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 25, 2006
Sold by
Furr Realty Co Inc
Bought by
Vaughn Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,250
Interest Rate
9.85%
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
Homeynest Properties Llc -- None Available
Zhu Yimin $56,500 None Available
Wilmington Trust Na $53,043 None Available
Thomason Debra $140,000 None Available
Vaughn Jason $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhu Sheah $52,500
Previous Owner Thomason Debra $14,000
Previous Owner Thomason Debra $112,000
Previous Owner Vaughn Jason $72,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2014 08/19/14 Sold $56,100 -10.1% $29 / Sq Ft
07/30/2014 07/30/14 Pending -- -- --
06/27/2014 06/27/14 For Sale $62,400 -- $32 / 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 $2,269 $252,800 $38,900 $213,900
2024 $2,269 $238,800 $38,900 $199,900
2023 $2,169 $238,800 $38,900 $199,900
2022 $1,556 $122,200 $15,000 $107,200
2021 $1,523 $122,200 $15,000 $107,200
2020 $1,501 $122,200 $15,000 $107,200
2019 $1,454 $122,200 $15,000 $107,200
2018 $1,425 $91,800 $10,000 $81,800
2017 $1,377 $91,800 $10,000 $81,800
2016 $1,242 $91,800 $10,000 $81,800
2015 $1,314 $91,800 $10,000 $81,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3017623

Canopy MLS (Canopy Realtor® Association)

APN: 075-029-07