NOT LISTED FOR SALE

Estimated Value: $632,506 - $713,000

4 Beds
2 Baths
1,559 Sq Ft
$431/Sq Ft Est. Value

Sale Details

Date Sold: October 19, 2021

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

Est. 34% increase in value since last sale

Current estimated payment $3,924 / mo

14 Days on Market

About This Home

As of October 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

Helen St Angelo

Corcoran HM Properties License #251684

Corcoran HM Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 9,583

Home Design

  • Duplex
  • Bungalow
  • Brick Exterior Construction

Additional Features

  • 2 Full Bathrooms
  • Crawl Space

Listing and Financial Details

  • Tenant pays for cable, electricity, gas
  • Rent includes exterior maintenance
  • Assessor Parcel Number 083-104-03

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

9,583 Sq Ft Lot

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: 2252252.25
  • 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, Dryer, 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

Lot Info

  • Parcel Number: 083-104-03
  • Zoning Specification: R5

Rental Info

  • Rent Includes: Exterior Maintenance
  • Tenant Pays: Cable, Electricity, Gas

Tax Info

  • Tax Value: 364000.00
  • Tax Location: Charlotte

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Oct 12, 2021
Sold by
South Terrace Investors Llc
Bought by
Hoyer Frederick W
Seller's Agent
J.J. Olszowy
Ivy Property Group LLC
Buyer's Agent
Helen St Angelo
Corcoran HM Properties
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
$671,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,835
Avg. Annual Appreciation
6.78%
Original Mortgage
$400,000
Outstanding Balance
$364,763
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$307,072

Purchase Details

Closed on
Nov 12, 2014
Sold by
Carolina Realty Investments Llc
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
$141,900
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2014
Sold by
Emina Chinyere Nicole
Bought by
Emina Charles A and Emina Glenda F

Purchase Details

Closed on
Oct 7, 2010
Sold by
Polak Frank A
Bought by
Emina Chinyere Nicole

Purchase Details

Closed on
Dec 14, 2007
Sold by
Polak Frank A
Bought by
Carolina Realty Investments Llc

Purchase Details

Closed on
Dec 29, 2006
Sold by
Vangelder James E
Bought by
Polak Frank A

Purchase Details

Closed on
Feb 20, 2003
Sold by
Hayden Jerry E
Bought by
Vangelder James E

Purchase Details

Closed on
Aug 1, 2002
Sold by
Jeh & Associates Inc
Bought by
Hayden Jerry E

Purchase Details

Closed on
May 1, 2000
Sold by
J E H & Associates Inc
Bought by
Hellstrom Johan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8.2%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 17, 1998
Sold by
Owens Faryadi and Owens James
Bought by
Francois Robert D and Francois Joyce L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Hoyer Frederick W $500,000 None Available
Cassis & Cassis Capital Llc $80,000 None Available
Emina Charles A -- None Available
Emina Chinyere Nicole -- None Available
Carolina Realty Investments Llc -- None Available
Polak Frank A $290,000 None Available
Vangelder James E $126,000 --
Hayden Jerry E $745,000 --
J E H & Associates Inc $650,000 --
Hellstrom Johan $285,000 --
J E H & Associates Inc $276,000 --
Francois Robert D $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoyer Frederick W $400,000
Previous Owner Cassis & Cassis Capital Llc $141,900
Previous Owner Hellstrom Johan $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2021 10/19/21 Sold $500,000 0.0% $321 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $500,000 -- $321 / Sq Ft
Source: Canopy MLS

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
2025 $4,340 $532,600 $380,000 $152,600
2024 $4,340 $532,600 $380,000 $152,600
2023 $4,185 $532,600 $380,000 $152,600
2022 $3,764 $364,000 $200,000 $164,000
2021 $3,742 $364,000 $200,000 $164,000
2020 $3,727 $364,000 $200,000 $164,000
2019 $3,696 $364,000 $200,000 $164,000
2018 $1,567 $108,200 $28,500 $79,700
2017 $1,527 $108,200 $28,500 $79,700
2016 $1,508 $85,000 $28,500 $56,500
2015 -- $85,000 $28,500 $56,500
2014 $1,447 $106,600 $45,000 $61,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: CAR3780475

Canopy MLS

APN: 083-104-03

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