$200,000
SOLD OCT 6, 2023 RENTED OCT 27, 2024
2 Beds
1 Bath
925 Sq Ft
$334/mo HOA Fee

Recently Sold

$216 Per Sq Ft

10 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Walk-In Closet
  • Vaulted Ceiling
  • Lawn
  • Laundry Room

About This Home

As of October 2023

Wow what an opportunity! Loft style living . . . Historic charm, just minutes to Uptown Charlotte. This home also qualifies for a Historic Property Tax discount! As soon as you step inside you will be greeted with the natural light of 12' windows as they bring the exposed brick & wood beams to life! Fresh paint, solid surface flooring, modern cable rail system, stainless steel appliances and an open living concept. Its the perfect blend of modern style meeting historic charm in one of the few original mill buildings left in Charlotte! This beautiful brick complex also features gated parking, loads of common space, an outdoor patio area, laundry room, plus a community elevator for easy access to all floors.

Please see the agent remarks for access details. PLEASE REVIEW ACCESS NOTES IN SHOWINGTIME TO AVOID ISSUES WITH ACCESSING THE UNIT.

CCR's are in attachments.

Last Agent to Sell the Property

John Ginolfi

Costello Real Estate and Investments LLC Brokerage Email: johnginolfi@costelloREI.com License #291185 Listed on: 08/14/2023

Costello Real Estate and Investments LLC

Last Buyer's Agent

Rebekah Sosa

Mooresville Realty LLC License #296697

Mooresville Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $752

Year Built

  • Built in 1905

Lot Details

  • Lawn

HOA Fees

  • $334 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • 1 Full Bathroom

Schools

  • Thomasboro Elementary And Middle School
  • West Charlotte High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Cedar Management Association, Phone Number (704) 644-8808
  • Foxridge Lofts Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 063-069-73

Property Details

Home Type

Condominium

Est. Annual Taxes

$752

Year Built

Built in 1905

Lot Details

0

HOA Fees

$334 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Year Built: 1905
  • Road Surface Type: Concrete
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 216.22
  • Bedroom Lower: 0
  • Geocode Confidence: Medium
  • Attribution Contact: johnginolfi@costelloREI.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 3
  • Interior Amenities: Cable Prewire, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 658
  • 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: 267
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Exhaust Fan, Microwave
  • Above Grade Finished Sq Ft: 925
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 925
  • Bedroom Main: 1
  • Room Count: 7
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: No
  • Roof: Flat
  • Construction Type: Site Built
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Lot

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Laundry Closet, Main Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 334
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Cedar Management
  • Phone: 704-644-8808
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 4008.00

Schools

  • Middle Or Junior School: Thomasboro
  • HOA Subject To: Required

Lot Info

  • Parcel Number: 063-069-73
  • Land Included Yn: 0
  • Zoning Specification: R6MFCD

MLS Schools

  • Elementary School: Thomasboro
  • High School: West Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2023
Closed on
Oct 5, 2023
Sold by
Long Ashonti
Bought by
Cave Shelby Renee
Seller's Agent
John Ginolfi
Costello Real Estate and Investments LLC
Buyer's Agent
Rebekah Sosa
Mooresville Realty LLC
List Price
$200,000
Sold Price
$200,000
Views
128
Current Estimated Value
$181,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,219
Avg. Annual Appreciation
-5.09%
Original Mortgage
$150,000
Outstanding Balance
$147,774
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$34,083

Purchase Details

Listed on
Apr 6, 2019
Closed on
Apr 29, 2019
Sold by
Ngugi Maureen W
Bought by
Long Ashonti
Seller's Agent
William Orozco
New View Realty Group
Buyer's Agent
John Ginolfi
Costello Real Estate and Investments LLC
List Price
$119,000
Sold Price
$118,500
Premium/Discount to List
-$500
-0.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.57%
Original Mortgage
$114,460
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2007
Sold by
Hoskins Mill 95 Llc
Bought by
Ngugi Maureen W

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
6.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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 $200,000 None Listed On Document
Warranty Deed $118,500 Master Title
Warranty Deed $120,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Previous Owner $114,460 New Conventional
Previous Owner $116,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2024 10/27/24 Rented $1,650 0.0% --
10/15/2024 10/15/24 Price Changed $1,650 -2.9% $2 / Sq Ft
08/30/2024 08/30/24 For Rent $1,700 0.0% --
10/06/2023 10/06/23 Sold $200,000 0.0% $216 / Sq Ft
08/14/2023 08/14/23 For Sale $200,000 +68.8% $216 / Sq Ft
05/06/2019 05/06/19 Sold $118,500 -0.4% $123 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
04/06/2019 04/06/19 For Sale $119,000 -- $123 / 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 $752 $167,036 $0 $167,036
2022 $594 $97,000 $0 $97,000
2021 $583 $97,000 $0 $97,000
2020 $575 $97,000 $0 $97,000
2019 $560 $97,000 $0 $97,000
2018 $672 $91,200 $45,000 $46,200
2017 $653 $91,200 $45,000 $46,200
2016 $644 $91,200 $45,000 $46,200
2015 -- $91,200 $45,000 $46,200
2014 $625 $91,200 $45,000 $46,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4057846

Canopy MLS (Canopy Realtor® Association)

APN: 063-069-73