NOT LISTED FOR SALE

Estimated Value: $101,000 - $122,520

1 Bed
1 Bath
667 Sq Ft
$186/mo HOA Fee

Last Sold November 18, 2022

Last sale price $102,000 $153 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $865/month

90 Days on Market

Highlights

  • Traditional Architecture
  • Lawn
  • Vinyl Flooring
  • South Mecklenburg High School Rated A-
  • Forced Air Heating System

About This Home

As of November 2022

Great one bedroom, one bath condo in Sharon Lakes. Great for investors or owner occupant! Vacant and easy to show. Convenient to Lynx rail line, shopping, restaurants. New carpet, nice wood laminate floors, neutral paint. Open floor plan. These condos are non-warrantable per FNMA and Freddie Mac due to the tenant vs owner occupancy rate...Buyer and Buyer agent to confirm with Lender. Credit Unions have conventional programs. New black refrigerator and new black stove to be installed the week of August 22.

Last Agent to Sell the Property

Sarah Kennerly

Cottingham Chalk License #81208 Listed on: 08/20/2022

Cottingham Chalk

Last Buyer's Agent

Cecilia Lilly

Keller Williams Ballantyne Area License #306208

Keller Williams Ballantyne Area

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $868

Year Built

  • Built in 1972

Lot Details

  • 0.6

HOA Fees

  • $186 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • 667 Sq Ft Home
  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Lawn
  • Forced Air Heating System

Community Details

  • Greenway Management Association, Phone Number (704) 940-0847
  • Sharon Lakes Condos
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 173-323-50

Property Details

Home Type

Condominium

Est. Annual Taxes

$868

Year Built

Built in 1972

Lot Details

0

HOA Fees

$186 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Year Built: 1972
  • Restrictions: None
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Unit Floor Level: 1
  • Road Surface Type: None
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 152.92
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Carpet, Laminate, Vinyl
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 667
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Back
  • Appliances: Dishwasher, Electric Range, Exhaust Hood, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 667
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: No
  • Roof: Composition
  • Construction Status: Complete
  • Tax Location: Charlotte
  • Construction Type: Site Built
  • Construction Type: Aluminum Siding, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Parking Lot

Utilities

  • Heating: Central, Forced Air
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: None
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 185.87
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Sharon Lakes
  • Association Name: Greenway Management
  • Phone: 7049400847
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 2230.44

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 173-323-50
  • Land Included Yn: 0
  • Zoning Description: R17MF
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Conditional

Tax Info

  • RATIO List Price By Tax Amount: 2.31707

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2022
Closed on
Dec 1, 2022
Sold by
Burton Nikalas and Burton Arezo
Bought by
Aurora Home Rentals Llc
Seller's Agent
Sarah Kennerly
Cottingham Chalk
Buyer's Agent
Cecilia Lilly
Keller Williams Ballantyne Area
List Price
$104,500
Sold Price
$102,000
Premium/Discount to List
-$2,500
-2.39%
Views
86
Current Estimated Value
$111,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,380
Avg. Annual Appreciation
3.48%
Original Mortgage
$76,500
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 20, 2022
Closed on
Nov 9, 2022
Sold by
Brr Sharon Lakes Llc
Bought by
Burton Nikalas and Burton Arezo
Seller's Agent
Sarah Kennerly
Cottingham Chalk
Buyer's Agent
Cecilia Lilly
Keller Williams Ballantyne Area
List Price
$104,500
Sold Price
$102,000
Premium/Discount to List
-$2,500
-2.39%
Views
86

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2017
Sold by
Pinto Arun and Myint Aye Aye
Bought by
Brr Sharon Lakes Llc

Purchase Details

Closed on
Nov 27, 2007
Sold by
Old Brick Properties Llc
Bought by
Pinto Arun R and Myint Aye Aye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2006
Sold by
Hawfield Stephen D
Bought by
Old Brick Llc

Purchase Details

Closed on
Apr 22, 2002
Sold by
Davenport David
Bought by
Hawfield Stephen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,400
Interest Rate
7.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Aurora Home Rentals Llc -- --
Burton Nikalas $102,000 --
Brr Sharon Lakes Llc $480,000 None Available
Pinto Arun R $128,000 None Available
Old Brick Llc $633,000 None Available
Hawfield Stephen D $73,000 --
Davenport David $33,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burton Nikalas $76,500
Previous Owner Brr Sharon Lakes Llc $5,682,225
Previous Owner Pinto Arun R $102,400
Previous Owner Old Brick Properties Llc $650,000
Previous Owner Hawfield Stephen D $58,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $102,000 -2.4% $153 / Sq Ft
08/20/2022 08/20/22 For Sale $104,500 -- $157 / 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 $868 $99,381 $0 $99,381
2022 $561 $45,100 $0 $45,100
2021 $550 $45,100 $0 $45,100
2020 $542 $45,100 $0 $45,100
2019 $527 $45,100 $0 $45,100
2018 $363 $22,100 $7,500 $14,600
2017 $349 $22,100 $7,500 $14,600
2016 $340 $22,100 $7,500 $14,600
2015 $328 $22,100 $7,500 $14,600
2014 $323 $22,100 $7,500 $14,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3897069

Canopy MLS (Canopy Realtor® Association)

APN: 173-323-50