NOT LISTED FOR SALE

1728 Forest Side Ln Unit 7901 Charlotte, NC 28213

Newell Neighborhood

Estimated Value: $246,000 - $257,279

3 Beds
2 Baths
1,360 Sq Ft
$199/mo HOA Fee

Last Sold September 26, 2018

Last sale price $123,500 $91 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,760/month

About This Home

As of September 2018

Your perfect opportunity to be conveniently located close to I485, UNCC, PNC Pavilion and plenty of shopping and restaurants!!! Master on main w/ open loft floor plan!! Fresh paint, Fridge and Washer and dryer INCLUDED! Also, a Great opportunity for an investor to expand his rental portfolio! Was previously a long-term positive cash flow rental for over 8 years!!! MOTIVATED SELLER! In addition to the monthly HOA, there is an additional HOA fee of $176 twice a year for master plan.

Last Agent to Sell the Property

Melanie Mills Johnson

Lifestyle International Realty License #290237 Listed on: 06/28/2018

Lifestyle International Realty

Last Buyer's Agent

Sami Bianouni

Ethics Realty Inc License #258842

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1999

Lot Details

  • 1,742

HOA Fees

  • $199 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Community Details

  • Hawthorne Management Association, Phone Number (704) 889-7500

Listing and Financial Details

  • Assessor Parcel Number 051-127-62

Property Details

Home Type

Condominium

Year Built

Built in 1999

Lot Details

0

HOA Fees

$199 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1.5 Story
  • Ratio Close Price By List Price: 1.02917
  • Ratio Close Price By Original Li: 1.02917
  • Ratio Current Price By Sq Ft: 90.81
  • Unit Floor Level: 1
  • Year Built: 1999
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Concrete, Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Entry Level: Main
  • Equipment: Cable Prewire, Ceiling Fan(s), Exhaust Hood, Refrigerator
  • H O A Management Phone: 7048897500
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1360
  • Total Sq Ft: 1360

Exterior Features

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

Garage/Parking

  • Parking: Assigned Parking Space - 2

Utilities

  • Heating: Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 199.00
  • Association Fee Frequency: Monthly
  • Complex Name: University Heights
  • HOA Management Company: Hawthorne Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: University Meadows
  • Middle School: James Martin
  • High School: Julius L. Chambers

Lot Info

  • Land Included Yn: Yes
  • Parcel Number: 051-127-62
  • Zoning Specification: R8MFCD

Tax Info

  • Tax Value: 88700.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2018
Closed on
Sep 26, 2018
Sold by
Cooper William and Cooper Rhonda J
Bought by
Ahmed Tamer
Seller's Agent
Melanie Mills Johnson
Lifestyle International Realty
Buyer's Agent
Sami Bianouni
Ethics Realty Inc
List Price
$120,000
Sold Price
$123,500
Premium/Discount to List
$3,500
2.92%
Total Days on Market
0
Current Estimated Value
$253,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,820
Avg. Annual Appreciation
11.23%
Original Mortgage
$92,600
Outstanding Balance
$81,575
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$170,883

Purchase Details

Closed on
Dec 23, 2003
Sold by
Cecil Rhonda J and Cooper Rhonda J
Bought by
Cooper William and Cooper Rhonda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
5.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 28, 2000
Sold by
Portrait Homes Construction Co
Bought by
Cecil Rhonda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,850
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Ahmed Tamer $123,500 None Available
Cooper William -- --
Cecil Rhonda J $104,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Tamer $92,600
Previous Owner Cooper William $12,500
Previous Owner Cooper William $96,000
Previous Owner Cecil Rhonda J $98,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2018 09/26/18 Sold $123,500 +2.9% $91 / Sq Ft
06/28/2018 06/28/18 Pending -- -- --
06/28/2018 06/28/18 For Sale $120,000 -- $88 / 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 $1,734 $230,400 $55,000 $175,400
2022 $1,304 $131,000 $30,000 $101,000
2021 $1,304 $131,000 $30,000 $101,000
2020 $1,304 $131,000 $30,000 $101,000
2019 $1,298 $131,000 $30,000 $101,000
2018 $1,191 $88,700 $14,400 $74,300
2017 $1,172 $88,700 $14,400 $74,300
2016 $1,169 $88,700 $14,400 $74,300
2015 $1,165 $88,700 $14,400 $74,300
2014 $1,178 $88,700 $14,400 $74,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3406770

Canopy MLS (Canopy Realtor® Association)

APN: 051-127-62