NOT LISTED FOR SALE

Estimated Value: $2,944,000 - $3,962,000

0.43 Acre
$8,429,928 Price per Acre
18,731 Sq Ft Lot

Last Sold October 29, 2015

Last sale price $525,000 $237 Per Sq Ft

Est. 590% increase in value since last sale

Current estimated payment $21,607/month

58 Days on Market

About This Lot

As of October 2015

Just reduced. Beautiful lot in Myers park on sought after Sterling Road. Survey available and drawings of a Charleston style home. This is a large wide lot. Great area close to Freedom Park, Downtown, Shopping, Hospitals and more.
Here is your opportunity to build your custom home in one of the most desirable locations in Charlotte.

Last Agent to Sell the Property

Martha Browne

Martha Browne Properties Ltd License #120255 Listed on: 06/16/2015

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Property Type

  • Land

Lot Details

Listing and Financial Details

  • Assessor Parcel Number 151-125-07

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.80894
  • Ratio Close Price By Original Li: 0.75107
  • Ratio Current Price By Acre: 1220930.23
  • Habitable Residence Yn: Yes
  • Special Features: None

Utilities

  • Sewer: City Sewer
  • Water: City Water

Schools

  • Elementary School: Unspecified
  • Middle School: Alexander Graham
  • High School: Myers Park

Lot Info

  • Lot Dimension: 128x156x122x155
  • Lot Size Area: 0.430
  • Parcel Number: 151-125-07
  • Zoning: Residential
  • Zoning Specification: R4
  • Plat Book Slide: 4883506

Tax Info

  • Tax Value: 395000.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2015
Closed on
Oct 29, 2015
Sold by
Reynolds Pauline and Hoover Pauline
Bought by
Alford Luke
Seller's Agent
Martha Browne
Martha Browne Properties Ltd
Buyer's Agent
Non Member
Canopy Administration
List Price
$699,000
Sold Price
$525,000
Premium/Discount to List
-$174,000
-24.89%
Current Estimated Value
$3,624,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,099,869
Avg. Annual Appreciation
21.68%
Original Mortgage
$527,426
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 8, 1984
Bought by
Reynolds Pauline H
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
Alford Luke $525,000 Chicago Title Insurance Co
Reynolds Pauline H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Alford Luke $750,000
Open Alford Luke G $1,450,000
Closed Alford Luke $527,426
Previous Owner Hoover Pauline H $50,001
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2015 10/29/15 Sold $525,000 -24.9% $237 / Sq Ft
08/13/2015 08/13/15 Pending -- -- --
06/16/2015 06/16/15 For Sale $699,000 -- $315 / 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 $22,272 $3,017,400 $1,023,800 $1,993,600
2022 $20,568 $2,118,400 $777,000 $1,341,400
2021 $20,557 $2,118,400 $777,000 $1,341,400
2020 $20,550 $2,118,400 $777,000 $1,341,400
2019 $20,534 $2,118,400 $777,000 $1,341,400
2018 $19,470 $1,030,500 $342,000 $688,500
2017 $13,339 $1,030,500 $342,000 $688,500
2016 $4,427 $395,000 $342,000 $53,000
2015 -- $395,000 $342,000 $53,000
2014 $5,135 $395,000 $342,000 $53,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3094199

Canopy MLS (Canopy Realtor® Association)

APN: 151-125-07