NOT LISTED FOR SALE

Estimated Value: $601,000 - $769,000

4 Beds
2 Baths
2,160 Sq Ft
$309/Sq Ft Est. Value

Sale Details

Date Sold: February 7, 2020

Last sale price $412,000 $191 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,944 / mo

12 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Shed
  • Community Pool
  • Recreation Facilities
  • Trails

About This Home

As of February 2020

An opportunity you don't want to miss in the heart of Villa Heights, this RARE DUPLEX has it all...the style, the finishes, the floorplan and most certainly an amazing location! Each unit has 2 bedrooms w/ 1 full bath with over 1000 sq ft on each side featuring an ideal open-floorplan. BOTH units have been recently updated with beautiful hardwood & LVL flooring, gourmet kitchens w/ SS appliances and updated cabinetry, high-efficiency washer/dryer, and modern fixtures and finishes. Classic bungalow style w/ welcoming front porch and private back yard w/ storage shed. Exterior just recently repainted. You won't find another multi-family property that is this polished in a booming community surrounded by homes priced well above this. Both units are tenant occupied on month-to-month lease and tenants wish to remain. No HOA!! Choose between receiving long-term rental income, move into one unit, or turn into your AirBnb/VRBO dream! Just a few blocks to NoDa and light rail station!

Last Agent to Sell the Property

Kenneth Lin

Urban Nest Realty, LLC License #263144 Listed on: 12/09/2019

Last Buyer's Agent

Steele Jackson

Berkshire Hathaway HomeServices Carolinas Realty License #275669

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 52'x146x49'146'
  • Level Lot

Home Design

  • Duplex
  • Cottage
  • Brick Exterior Construction

Interior Spaces

  • 2 Full Bathrooms
  • Insulated Windows
  • Crawl Space

Flooring

  • Wood
  • Tile
  • Vinyl

Outdoor Features

  • Shed

Community Details

  • Recreation Facilities
  • Community Playground
  • Community Pool
  • Trails

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 083-133-03

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Cottage
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.96941
  • Ratio Close Price By Original Li: 0.96941
  • Ratio Current Price By Acre: 2575000.00
  • Ratio Current Price By Sq Ft: 190.74
  • Year Built: 1955
  • Property Features: Attic Stairs Pulldown
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), CO Detector, Cable Prewire, Disposal, Dryer, Dishwasher, Electric Range, Ice Maker Connection, Microwave, Refrigerator, Washer, Electric Oven
  • Flooring: Tile, Vinyl, Wood
  • Laundry Location: Kitchen
  • Sq Ft Additional: 215
  • Total Sq Ft: 2160

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Playground, Recreation Area, Walking Trails

Lot Info

  • Lot Dimension: 52'x146x49'146'
  • Lot Features: Level
  • Parcel Number: 083-133-03
  • Zoning Specification: R5

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 356800.00
  • Tax Location: Charlotte

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2019
Closed on
Feb 7, 2020
Sold by
Budiman Romuald D and Leggatt Elizabeth A
Bought by
Wilps Matthew Johnson
Seller's Agent
Kenneth Lin
Urban Nest Realty, LLC
Buyer's Agent
Steele Jackson
Berkshire Hathaway HomeServices Carolinas Realty
List Price
$425,000
Sold Price
$412,000
Premium/Discount to List
-$13,000
-3.06%
Current Estimated Value
$668,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,089
Avg. Annual Appreciation
8.07%
Original Mortgage
$398,248
Outstanding Balance
$353,554
Interest Rate
3.74%
Mortgage Type
FHA
Estimated Equity
$314,535

Purchase Details

Listed on
Apr 4, 2013
Closed on
Jun 28, 2013
Sold by
Rahman Hesham Abdul and Seddeek Hanadi
Bought by
Budiman Romuald D
Seller's Agent
Team Heidi
Hines & Associates Realty LLC
Buyer's Agent
Kenneth Lin
Urban Nest Realty, LLC
List Price
$159,000
Sold Price
$159,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.47%
Original Mortgage
$153,435
Interest Rate
3.53%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 2009
Sold by
Design Construction Services Inc
Bought by
Rahman Hesham Abdul

Purchase Details

Closed on
May 27, 2008
Sold by
Neal Jeffrey A and Neal Jennifer P
Bought by
Design Construction Services Inc

Purchase Details

Closed on
Jun 10, 2003
Sold by
Frazier Realty Corp
Bought by
Neal Jeffrey A and Neal Jennifer P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,750
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wilps Matthew Johnson $412,000 None Available
Budiman Romuald D $159,000 None Available
Rahman Hesham Abdul -- None Available
Design Construction Services Inc $112,500 Nc Titles
Neal Jeffrey A $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilps Matthew Johnson $398,248
Previous Owner Budiman Romuald D $153,435
Previous Owner Neal Jeffrey A $51,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2020 02/07/20 Sold $412,000 -3.1% $191 / Sq Ft
12/21/2019 12/21/19 Pending -- -- --
12/09/2019 12/09/19 For Sale $425,000 +167.3% $197 / Sq Ft
06/28/2013 06/28/13 Sold $159,000 0.0% $74 / Sq Ft View Prior Sale
04/11/2013 04/11/13 Pending -- -- --
04/04/2013 04/04/13 For Sale $159,000 -- $74 / Sq Ft
Source: Canopy MLS

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 $4,819 $595,800 $380,000 $215,800
2024 $4,819 $595,800 $380,000 $215,800
2023 $4,648 $595,800 $380,000 $215,800
2022 $3,708 $358,200 $175,000 $183,200
2021 $3,496 $358,200 $175,000 $183,200
2020 $3,443 $356,800 $175,000 $181,800
2019 $3,535 $356,800 $175,000 $181,800
2018 $2,027 $148,900 $30,000 $118,900
2017 $1,990 $148,900 $30,000 $118,900
2016 $1,981 $148,900 $30,000 $118,900
2015 $1,969 $148,900 $30,000 $118,900
2014 $1,872 $139,700 $30,000 $109,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: CAR3574292

Canopy MLS

APN: 083-133-03

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