NOT LISTED FOR SALE

Estimated Value: $296,000 - $341,000

4 Beds
2 Baths
1,406 Sq Ft
$227/Sq Ft Est. Value

Last Sold June 01, 2017

Last sale price $70,000 $50 Per Sq Ft

Est. 355% increase in value since last sale

Current estimated payment $1,949/month

26 Days on Market

Highlights

  • Traditional Architecture
  • Front Porch
  • Four Sided Brick Exterior Elevation
  • No HOA
  • Laundry Room
  • Forced Air Heating System

About This Home

As of June 2017

2 unit duplex, each features 2 beds/1 bath each. All brick. Covered front porch. New roof in 2015. Great investment opportunity. Near public transportation. 10 minutes from Uptown. Close to shopping and dining.

Last Agent to Sell the Property

Greg Moran

Carolina Living Associates LLC Brokerage Email: greg@homescharlotte.com License #168384 Listed on: 03/17/2017

Carolina Living Associates LLC

Last Buyer's Agent

The Haiglers

5 Points Realty License #217286

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,946

Year Built

  • Built in 1956

Lot Details

  • 5,662 Sq Ft Lot
  • Lot Dimensions are 52x114x52x110

Home Design

  • Duplex
  • Traditional Architecture
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,406 Sq Ft Home
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Parking

  • 2 Parking Spaces
  • 2 Open Parking Spaces

Outdoor Features

  • Front Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 075-077-21

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,946

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Year Built: 1956
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel, Paved
  • ResoPropertyType: ResidentialIncome
  • Attribution Contact: greg@homescharlotte.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet
  • Sq Ft Unheated Basement: 0
  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Owner Pays: None
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1406
  • Room Count: 0
  • Sq Ft Other: 60

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Construction Type: Brick Full
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Total Parking Spaces: 2
  • Main Level Garage YN: 0
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Dryer Hookup, Electric Dryer Hookup, Main Level, Washer Hookup
  • Security: Carbon Monoxide Detector(s)
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Association: No

Schools

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

Lot Info

  • Lot Size Area: 0.13
  • Lot Size Units: Acres
  • Parcel Number: 075-077-21
  • Plat Book Slide: M7/563
  • Plat Reference Section Pages: 635
  • Development Status: Completed
  • Lot Size Acres: 0.13
  • Lot Size: 52x114x52x110
  • Lot Size Sq Ft: 5662
  • Zoning Description: Duplex
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R12MF

Green Features

  • Green Verification Count: 1

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Yes

Multi Family

  • 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
Mar 17, 2017
Closed on
May 31, 2017
Sold by
Gosdanina Serg and Gosdanina Sahajg
Bought by
Khan Tooba
Seller's Agent
Greg Moran
Carolina Living Associates LLC
Buyer's Agent
The Haiglers
5 Points Realty
List Price
$110,000
Sold Price
$70,000
Premium/Discount to List
-$40,000
-36.36%
Total Days on Market
26
Current Estimated Value
$318,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,500
Avg. Annual Appreciation
20.29%
Original Mortgage
$52,500
Outstanding Balance
$44,131
Interest Rate
3.97%
Mortgage Type
VA
Estimated Equity
$263,369

Purchase Details

Closed on
Mar 22, 2007
Sold by
Albertson John and Albertson Alicia
Bought by
Gosdanian Sahag and Gosdanian Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,200
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
May 9, 2002
Sold by
Patterson Joseph C and Patterson Flora P
Bought by
Albertson John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.77%
Mortgage Type
Seller Take Back
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 Buyer Sale Price Title Company
Khan Tooba $70,000 None Available
Gosdanian Sahag $66,500 None Available
Albertson John $216,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Tooba $52,500
Previous Owner Gosdanian Sahag $53,200
Previous Owner Albertson John $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2017 06/01/17 Sold $70,000 -36.4% $50 / Sq Ft
04/12/2017 04/12/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $110,000 -- $78 / 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 $1,946 $227,400 $110,000 $117,400
2022 $1,203 $98,600 $15,000 $83,600
2021 $1,181 $98,600 $15,000 $83,600
2020 $1,166 $98,600 $15,000 $83,600
2019 $1,135 $98,600 $15,000 $83,600
2018 $846 $53,300 $8,100 $45,200
2017 $816 $53,300 $8,100 $45,200
2016 $797 $53,300 $8,100 $45,200
2015 $774 $53,300 $8,100 $45,200
2014 $763 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3257095

Canopy MLS (Canopy Realtor® Association)

APN: 075-077-21