$599,999
SOLD OCT 1, 2024
0.28 Acre
$2,142,854 Price per Acre
12,197 Sq Ft Lot

Recently Sold

$612 Per Sq Ft

1 Day on Market

About This Lot

As of October 2024

Amazing opportunity ~third of an acre lot in Midwood with 70' of road frontage!! Seller has researched and says a duplex can be built on this lot or build your dream home. With 191' of depth the options are wide open to a pool & cabana or just an expansive open & flat rear yard for the kids and Fido! This lot is slightly raised and offers a commanding view of the street scene and beautiful new high end homes being built in this area. Midwood Park is just 2 blocks away and Downtown Midwood, with its plethora of shops, restaurants, night life, grocery, library and so much more, is just 10 blocks away! Midwood is one of the most exciting & desired areas of Charlotte, only minutes to center city! Seller is also a builder and is willing to custom build your plan or one of his own. Lot must be purchased separately and buyer to provide financing for building new home. There is a 3 BR 1 Bath home on the lot in good condition that could be rented while deciding on a plan and obtaining permits.

Last Agent to Sell the Property

Shonn Ross

Savvy + Co Real Estate Brokerage Email: shonnross@gmail.com License #168946 Listed on: 08/22/2024

Last Buyer's Agent

Kyle Kirchhoff

Classica Homes Realty LLC License #233610

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,959

Lot Details

  • Possible uses of the property include Residential
  • Property is zoned N1-C, R100

Community Details

  • Midwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 095-029-16

Property Details

Property Type

Land

Est. Annual Taxes

$2,959

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: N/A
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: shonnross@gmail.com
  • Special Features: None

Interior Features

  • Possible Use: Residential

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.287
  • Lot Size Units: Acres
  • Parcel Number: 095-029-16
  • Zoning: R100
  • Can Be Subdivided: 0
  • ResoLotSizeUnits: Acres
  • Zoning Specification: N1-C

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2024
Closed on
Oct 1, 2024
Sold by
A And E Rental Homes Llc
Bought by
Classica Homes Llc
Seller's Agent
Shonn Ross
Savvy + Co Real Estate
Buyer's Agent
Kyle Kirchhoff
Classica Homes Realty LLC
List Price
$599,999
Sold Price
$599,999
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.16%
Original Mortgage
$8,000,000
Outstanding Balance
$7,955,931
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$7,155,291

Purchase Details

Closed on
Dec 6, 2016
Sold by
E And A Custom Builders Llc
Bought by
A And E Rental Homes Llc

Purchase Details

Closed on
Apr 4, 2016
Sold by
Lally Thomas P and Gossman Linda M
Bought by
E & A Custom Builders Llc

Purchase Details

Closed on
May 12, 2006
Sold by
Remoh Onez Holdings Llc
Bought by
Lally Thomas P and Gossman Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,300
Interest Rate
6.33%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 27, 2004
Sold by
Rigley Brian George and Shields Doreen Louise Rigley Merchant
Bought by
Remoh Onez Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,400
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $600,000 Morehead Title
Warranty Deed -- None Available
Warranty Deed $197,000 Barristers Title Services
Warranty Deed $166,000 None Available
Warranty Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $8,000,000 Credit Line Revolving
Previous Owner $124,300 Fannie Mae Freddie Mac
Previous Owner $116,400 Unknown
Previous Owner $116,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2025 02/06/25 Price Changed $2,141,680 +256.9% $574 / Sq Ft
10/01/2024 10/01/24 Sold $599,999 -66.6% $612 / Sq Ft
09/21/2024 09/21/24 For Sale $1,795,535 +199.3% $481 / Sq Ft
08/22/2024 08/22/24 For Sale $599,999 -- $612 / 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 $2,959 $415,400 $367,500 $47,900
2022 $2,959 $306,600 $247,500 $59,100
2021 $3,073 $306,600 $247,500 $59,100
2020 $3,066 $306,600 $247,500 $59,100
2019 $1,661 $318,100 $247,500 $70,600
2018 $1,661 $121,000 $71,300 $49,700
2017 $1,629 $121,000 $71,300 $49,700
2016 $1,620 $121,000 $71,300 $49,700
2015 $1,608 $121,000 $71,300 $49,700
2014 $1,616 $135,300 $71,300 $64,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4173248

Canopy MLS (Canopy Realtor® Association)

APN: 095-029-16