NOT LISTED FOR SALE

Estimated Value: $218,318 - $341,000

4 Beds
2 Baths
1,414 Sq Ft
$186/Sq Ft Est. Value

Last Sold October 22, 2018

Last sale price $118,000 $83 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $1,631/month

6 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Level Lot

About This Home

As of October 2018

Please view unit 2007 on right side. Tenant occupied at 2005 - do not disturb tenant! Must see potential rental income property! Brick ranch duplex in Charlotte with covered front porch! Investor special!

Last Agent to Sell the Property

Phil Puma

Puma & Associates Realty, Inc. License #203114 Listed on: 09/21/2018

Last Buyer's Agent

Manjesh Gorajala

NorthGroup Real Estate LLC License #294156

NorthGroup Real Estate LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 6,098

Home Design

  • Duplex
  • Ranch Style House

Flooring

  • Wood
  • Vinyl

Additional Features

  • 2 Full Bathrooms
  • Crawl Space
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 075-077-19
  • Tax Block 563

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Ranch
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.94400
  • Ratio Close Price By Original Li: 0.94400
  • Ratio Current Price By Acre: 842857.14
  • Ratio Current Price By Sq Ft: 83.45
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Doors and Windows: Screen Door(s)
  • Equipment: Cable Prewire
  • Flooring: Carpet, Vinyl, Wood
  • Total Sq Ft: 1414

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Parking: On-Street Parking

Utilities

  • Heating: Heat Pump - Heat, Window Unit
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric, Gas

Schools

  • Elementary School: Bruns Avenue
  • Middle School: Ranson
  • High School: West Charlotte

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.140
  • Parcel Number: 075-077-19
  • Plat Book Slide: 7
  • Plat Reference Section Pages: 796
  • Zoning Specification: R12MF

Tax Info

  • Tax Value: 60600.00
  • Tax Block: 563
  • Tax Location: Charlotte

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2021
Sold by
Sankannavar Rakesh Basavaraj and Seshadri Bhamini Gorur
Bought by
Sangod Properties Llc
Total Days on Market
6
Current Estimated Value
$262,439

Purchase Details

Listed on
Sep 21, 2018
Closed on
Oct 22, 2018
Sold by
Latini Gregory and Latini Regina
Bought by
Sankannavar Rakesh Basavaraj and Kulgod Raju A
Seller's Agent
Phil Puma
Puma & Associates Realty, Inc.
Buyer's Agent
Manjesh Gorajala
NorthGroup Real Estate LLC
List Price
$125,000
Sold Price
$118,000
Premium/Discount to List
-$7,000
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.17%

Purchase Details

Closed on
Mar 10, 2008
Sold by
Lynn Gary S and Lynn Peggy A
Bought by
Latini Gregory and Latini Regina

Purchase Details

Closed on
Aug 30, 2006
Sold by
Goodnight Michael R and Goodnight Patti L
Bought by
Lynn Gary S and Lynn Peggy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,440
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2005
Sold by
Mpg Properties Llc
Bought by
Goodnight Michael and Goodnight Patti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 25, 2004
Sold by
Goodnight Michael and Goodnight Patti
Bought by
Mpg Properties Llc

Purchase Details

Closed on
Oct 20, 2003
Sold by
Alexander Warren S and Alexander Annie M
Bought by
Goodnight Michael and Goodnight Patti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,924
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Sangod Properties Llc -- None Available
Sankannavar Rakesh Basavaraj $118,000 Investors Title
Latini Gregory $73,500 Nc Titles
Lynn Gary S $71,000 None Available
Goodnight Michael -- Chicago Title Insurance Comp
Mpg Properties Llc -- --
Goodnight Michael $31,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lynn Gary S $56,440
Previous Owner Goodnight Michael $72,000
Previous Owner Goodnight Michael $63,000
Previous Owner Goodnight Michael $53,924
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2018 10/22/18 Sold $118,000 -5.6% $83 / Sq Ft
09/27/2018 09/27/18 Pending -- -- --
09/21/2018 09/21/18 For Sale $125,000 -- $88 / 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 $1,898 $233,700 $110,000 $123,700
2022 $1,304 $118,000 $15,000 $103,000
2021 $1,455 $127,000 $15,000 $112,000
2020 $1,440 $127,000 $15,000 $112,000
2019 $1,409 $127,000 $15,000 $112,000
2018 $942 $60,600 $8,100 $52,500
2017 $910 $60,600 $8,100 $52,500
2016 $891 $60,600 $8,100 $52,500
2015 $868 $60,600 $8,100 $52,500
2014 $856 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3433989

Canopy MLS (Canopy Realtor® Association)

APN: 075-077-19