NOT LISTED FOR SALE

Estimated Value: $638,000 - $735,000

4 Beds
2 Baths
1,559 Sq Ft
$434/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $500,000 $321 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,067/month

12 Days on Market

About This Home

As of December 2021

Incredible opportunity for an investor or owner occupied “house hack” in Plaza Hills. Six duplexes, with twelve 2 bed/1 bath units bringing in over $202,000 in rental income per year. With close access to Uptown, Noda, Optimist Hall, and the light rail, Union Street is an unbeatable location. Current owner has taken meticulous care of the properties, from the upgraded interiors to the beautiful landscaping. Each unit is priced with appliances that convey, including refrigerators, washer and dryers, and microwaves. All units are currently rented, with lease information and terms available upon request. Please do not disturb tenants. Property being sold as-is. Duplexes available include 2000/2001/2006/2012/2018/2027 Union St. – owner will consider selling individually or as a package.

Last Agent to Sell the Property

J.J. Olszowy

Ivy Property Group LLC License #316193 Listed on: 09/01/2021

Last Buyer's Agent

Rob Zanicchi

EXP Realty LLC Ballantyne License #292750

EXP Realty LLC Ballantyne

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 10,454

Home Design

  • Duplex
  • Bungalow

Additional Features

  • 2 Full Bathrooms
  • Crawl Space

Listing and Financial Details

  • Tenant pays for cable, electricity, gas
  • Assessor Parcel Number 083-104-04

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Bungalow
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 2066115.70
  • Ratio Current Price By Sq Ft: 320.72
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Dishwasher, Electric Range, Freezer, Microwave, Refrigerator, Washer
  • Laundry Location: Main
  • Total Sq Ft: 1559

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Parking: Driveway

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified
  • Middle Or Junior School: Unspecified

Lot Info

  • Lot Size Area: 0.242
  • Parcel Number: 083-104-04
  • Zoning Specification: R5

Rental Info

  • Tenant Pays: Cable, Electricity, Gas

Tax Info

  • Tax Value: 354600.00
  • Tax Location: Charlotte

Multi Family

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

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Dec 2, 2021
Sold by
South Terrace Investors Llc
Bought by
Lammas Edward
Seller's Agent
J.J. Olszowy
Ivy Property Group LLC
Buyer's Agent
Rob Zanicchi
EXP Realty LLC Ballantyne
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
$678,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,631
Avg. Annual Appreciation
8.37%
Original Mortgage
$375,000
Outstanding Balance
$348,339
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$321,498

Purchase Details

Closed on
Apr 3, 2018
Sold by
Cassis & Cassis Capital Llc
Bought by
South Terrace Investors Llc

Purchase Details

Closed on
Jan 28, 2015
Sold by
Ford Sharon B and Dove Heidi J
Bought by
Cassis & Cassis Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2006
Sold by
Camp Michael P
Bought by
Ford Sharon B and Dove Heidi J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,320
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2004
Sold by
Hayden Jerry E
Bought by
Camp Michael P

Purchase Details

Closed on
Aug 1, 2002
Sold by
Jeh & Associates Inc
Bought by
Hayden Jerry E
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
Lammas Edward $500,000 None Available
South Terrace Investors Llc $1,785,000 None Available
Cassis & Cassis Capital Llc $105,000 None Available
Ford Sharon B $107,000 Statewide Title Inc
Camp Michael P $126,000 --
Hayden Jerry E $745,000 --
J E H & Associates Inc $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lammas Edward $375,000
Previous Owner Cassis & Cassis Capital Llc $78,750
Previous Owner Ford Sharon B $97,000
Previous Owner Ford Sharon B $96,000
Previous Owner Ford Sharon B $85,320
Previous Owner Hellstrom Johan Rolf $76,779
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $500,000 0.0% $321 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $500,000 -- $321 / 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 $4,211 $536,200 $380,000 $156,200
2022 $3,673 $354,600 $200,000 $154,600
2021 $3,651 $354,600 $200,000 $154,600
2020 $3,636 $354,600 $200,000 $154,600
2019 $3,605 $367,200 $200,000 $167,200
2018 $1,299 $87,800 $22,500 $65,300
2017 $1,262 $87,800 $22,500 $65,300
2016 $1,243 $84,100 $22,500 $61,600
2015 $1,173 $84,100 $22,500 $61,600
2014 $1,841 $137,300 $50,000 $87,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3780473

Canopy MLS (Canopy Realtor® Association)

APN: 083-104-04