NOT LISTED FOR SALE

Estimated Value: $919,000 - $1,814,000

3 Beds
1 Bath
1,200 Sq Ft
$1,208/Sq Ft Est. Value

Last Sold March 25, 2021

Last sale price $365,000 $304 Per Sq Ft

Est. 297% increase in value since last sale

Current estimated payment $8,333/month

About This Home

As of March 2021

3-1/2 miles from The Square in uptown Charlotte – LOCATION, LOCATION, LOCATION! This “as is” home is ideally situated in the heart of Midwood. Current owners have lived in the house for 44 years. The value of this property is in the land; property is perfectly situated for tear down so you can build the home of your dreams! Current home maintenance has been sorely neglected in recent years but if desired, the home could be returned to its former beauty with TLC. Large flat lot has fenced backyard with non-functional above-ground pool. BANKRUPTCY ESTATE property; sold “as is,” “where is,” & with “no warranties”; acceptable offer can usually close in 60 days. While an inspection is always recommended, no repairs will be made by the Trustee. Preferred closer: Knipp Law Firm (experienced in BR Estate closings). Additional photos and sf measurements to come.

Last Agent to Sell the Property

Jean Griswold-Lynn

Provident Living Inc License #251663 Listed on: 01/28/2021

Last Buyer's Agent

Charles Paxton

Carolina Homes and Land Realty License #208176

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 10,019

Home Design

  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 095-092-03

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 1586956.52
  • Ratio Current Price By Sq Ft: 304.17
  • Year Built: 1950
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Fireplace Description: Fireplace Insert, Living Room
  • Flooring: Carpet, Vinyl, Wood
  • Laundry Location: Main, Utility Room
  • Room Count: 1
  • Main Level Sq Ft: 1200
  • Total Sq Ft: 1200

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway, Parking Space - 2

Utilities

  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 51x208
  • Parcel Number: 095-092-03
  • Zoning Specification: R5

Tax Info

  • Tax Value: 315500.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
Mar 23, 2021
Sold by
Taylor John W
Bought by
Hanna Michael and Hanna Elizabeth
Seller's Agent
Jean Griswold-Lynn
Provident Living Inc
Buyer's Agent
Charles Paxton
Carolina Homes and Land Realty
List Price
$365,000
Sold Price
$365,000
Current Estimated Value
$1,450,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,085,023
Avg. Annual Appreciation
35.06%
Original Mortgage
$3,285,000
Outstanding Balance
$2,959,522
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
-$1,509,499

Purchase Details

Closed on
Nov 26, 1975
Bought by
Cline Ben L and Cline Becky B
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
Hanna Michael $365,000 None Available
Cline Ben L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanna Michael $3,285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2021 03/25/21 Sold $365,000 0.0% $304 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $365,000 -- $304 / 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 $8,917 $1,137,100 $350,000 $787,100
2024 $8,917 $1,137,100 $350,000 $787,100
2023 $8,524 $1,137,100 $350,000 $787,100
2022 $4,529 $460,400 $200,000 $260,400
2021 $3,159 $315,500 $200,000 $115,500
2020 $3,152 $315,500 $200,000 $115,500
2019 $3,136 $315,500 $200,000 $115,500
2018 $2,940 $218,500 $152,000 $66,500
2017 $2,891 $218,500 $152,000 $66,500
2016 $2,882 $218,500 $152,000 $66,500
2015 $2,870 $218,500 $152,000 $66,500
2014 $2,868 $222,000 $152,000 $70,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3664794

Canopy MLS (Canopy Realtor® Association)

APN: 095-092-03