NOT LISTED FOR SALE

1839 Kennesaw Dr Unit A & B Charlotte, NC 28216

Lincoln Heights Neighborhood

Estimated Value: $308,000 - $324,000

6 Beds
2 Baths
1,560 Sq Ft
$203/Sq Ft Est. Value

Last Sold August 05, 2021

Last sale price $235,000 $151 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,919/month

About This Home

As of August 2021

Wonderful Investment Property! Full Brick Duplex minutes from Uptown Charlotte. Located in the Beatties Ford Road Corridor where millions has been approved for the current & future revitalization. Both Units has 3BR/1BA. One Unit has Tenants the other Unit is Vacant. This offers a great opportunity for a First-time Home Buyer wanting to own investment property that generates immediate income. Current Tenants are shared roommates on individual month to month lease. Average monthly income for Unit B $1800. Make all offers to: The Estate of Larry D. Mayberry Sr. This Property can be purchased as package deal with MLS #3750316. DO NOT DISTURB TENANTS and DO NOT WALK THE PROPERTY. Property Being Sold AS IS.

Last Agent to Sell the Property

Frankie Pickens

Realty One Group Revolution License #254501 Listed on: 07/08/2021

Realty One Group Revolution

Last Buyer's Agent

Holly McLeod Owens

L&E Properties License #285414

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Duplex

Additional Features

  • Wood Flooring
  • 2 Full Bathrooms
  • Crawl Space

Listing and Financial Details

  • Tenant pays for garbage pick-up
  • Rent includes all utilities, cable, exterior maintenance
  • Assessor Parcel Number 075-063-49

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ratio Close Price By List Price: 1.06818
  • Ratio Close Price By Original Li: 1.06818
  • Ratio Current Price By Acre: 1305555.56
  • Ratio Current Price By Sq Ft: 150.64
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Equipment: Cable Prewire, CO Detector, Convection Oven
  • Flooring: Wood
  • Laundry Location: Kitchen
  • Total Sq Ft: 1560

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Features: Corner Lot, Level
  • Lot Size Area: 0.180
  • Parcel Number: 075-063-49
  • Zoning Specification: R5

Rental Info

  • Rent Includes: All Utilities, Cable, Exterior Maintenance
  • Tenant Pays: Garbage Pick-up

Tax Info

  • Tax Value: 117600.00
  • Tax Location: Mecklenburg

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Jul 31, 2021
Sold by
Metz Deronda and Blakeney Precita Beatty
Bought by
Stumpf Michael
Seller's Agent
Frankie Pickens
Realty One Group Revolution
Buyer's Agent
Holly McLeod Owens
L&E Properties
List Price
$220,000
Sold Price
$235,000
Premium/Discount to List
$15,000
6.82%
Current Estimated Value
$317,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,333
Avg. Annual Appreciation
7.60%
Original Mortgage
$176,250
Outstanding Balance
$160,505
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$156,828

Purchase Details

Closed on
May 31, 2016
Sold by
Jpmorgan Chase Bank Na
Bought by
Mayberry Larry

Purchase Details

Closed on
Jan 20, 2015
Sold by
Drakeford Robert T
Bought by
The Bank Of New York Mellon Trust Co and The Bank Of New York Trust Co

Purchase Details

Closed on
Nov 1, 2005
Sold by
Guthrie Holding Co Llc
Bought by
Drakeford Robert T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac
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
Stumpf Michael $235,000 None Available
Mayberry Larry $71,500 None Available
The Bank Of New York Mellon Trust Co $62,000 None Available
Drakeford Robert T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stumpf Michael $176,250
Previous Owner Drakeford Robert T $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2021 08/05/21 Sold $235,000 +6.8% $151 / Sq Ft
07/08/2021 07/08/21 For Sale $220,000 -- $141 / Sq Ft
07/08/2021 07/08/21 Pending -- -- --
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 $2,735 $320,700 $70,000 $250,700
2024 $2,735 $320,700 $70,000 $250,700
2023 $2,631 $320,700 $70,000 $250,700
2022 $1,663 $146,300 $22,500 $123,800
2021 $1,364 $117,600 $22,500 $95,100
2020 $1,135 $117,600 $22,500 $95,100
2019 $1,318 $117,600 $22,500 $95,100
2018 $1,177 $78,500 $10,000 $68,500
2017 $1,142 $78,500 $10,000 $68,500
2016 $1,070 $78,500 $10,000 $68,500
2015 -- $78,500 $10,000 $68,500
2014 $1,132 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3759583

Canopy MLS (Canopy Realtor® Association)

APN: 075-063-49