NOT LISTED FOR SALE

Estimated Value: $105,000 - $136,000

1 Bed
1 Bath
667 Sq Ft
$179/Sq Ft Est. Value

Last Sold August 03, 2023

Last sale price $98,500 $148 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $943/month

215 Days on Market

Highlights

  • Traditional Architecture
  • Lawn
  • Rear Porch
  • South Mecklenburg High School Rated A-
  • Balcony
  • 1-Story Property

About This Home

As of August 2023

Great one bedroom, one bath condo in Sharon Lakes. Great for investors or owner occupant! Vacant and easy to show. Convenient to Lynx rail line, shopping, restaurants. New carpet, neutral paint. Open floor plan and private balcony located off of the Dining area. These condos are non-warrantable per FNMA and Freddie Mac due to the tenant vs owner occupancy rate...Buyer and Buyer agent to confirm with Lender. Credit Unions have conventional programs. This property is in a flood zone, HOA covers the flood insurance on the building.

Last Agent to Sell the Property

Sarah Kennerly

Cottingham Chalk License #81208 Listed on: 10/08/2022

Cottingham Chalk

Last Buyer's Agent

Richard Esquer

The Advisor Group Carolinas License #282961

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $924

Year Built

  • Built in 1972

Lot Details

  • Lawn

HOA Fees

  • $215 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 667 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Balcony
  • Rear Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Greenway Management Association, Phone Number (704) 940-0847
  • Sharon Lakes Condos
  • Sharon Lakes Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 173-322-65

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$924

Year Built

Built in 1972

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Year Built: 1972
  • Restrictions: No Restrictions
  • Special Assessment Yn: 1
  • Proposed Special Assessment Yn: 0
  • Special Assessment Description: $116.03/month 4/1-9/1 for roofs, stairwells and pool updates. To be paid by Seller on or before closing
  • Road Surface Type: None, Paved
  • Unit Levels: One
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 147.68
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 2
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 667
  • 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: 0
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Above Grade Finished Sq Ft: 667
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Main
  • Living Area: 667
  • Bedroom Main: 1
  • Room Count: 4
  • Sq Ft Other: 0

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Construction Type: Aluminum, Vinyl
  • Patio And Porch Features: Balcony, Rear Porch

Garage/Parking

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

Utilities

  • Heating: Electric, Forced Air
  • Sewer: Public Sewer
  • Laundry Features: None
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 215.46
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Sharon Lakes
  • Senior Community: No
  • Association Name: Greenway Management
  • Phone: 704-940-0847
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 2585.52

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 173-322-65
  • Land Included Yn: 0
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R17MF

Rental Info

  • Pets Allowed: Conditional

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2022
Closed on
Aug 3, 2023
Sold by
Brr Sharon Lakes Llc
Bought by
Meadowlark Lane Properties Llc
Seller's Agent
Sarah Kennerly
Cottingham Chalk
Buyer's Agent
Richard Esquer
The Advisor Group Carolinas
List Price
$103,500
Sold Price
$98,500
Premium/Discount to List
-$5,000
-4.83%
Views
338
Current Estimated Value
$119,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,167
Avg. Annual Appreciation
9.81%
Original Mortgage
$630,400
Outstanding Balance
$616,287
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
-$496,620

Purchase Details

Closed on
Jun 15, 2017
Sold by
Ghosh Debashish and Ghosh Deepa
Bought by
Brr Sharon Lakes Llc

Purchase Details

Closed on
Jun 6, 2007
Sold by
Harrington Robert J and Harrington Polly
Bought by
Kratos Corp

Purchase Details

Closed on
Jul 26, 1999
Sold by
Castleton Capital Corp Llc
Bought by
Harrington Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,800
Interest Rate
7.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Meadowlark Lane Properties Llc $788,000 None Listed On Document
Brr Sharon Lakes Llc $133,500 None Available
Kratos Corp $54,000 None Available
Harrington Robert J $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meadowlark Lane Properties Llc $630,400
Previous Owner Brr Sharon Lakes Llc $5,682,225
Previous Owner Ghosh Debashis $25,675
Previous Owner Ghosh Debashis $27,400
Previous Owner Harrington Robert J $26,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2023 08/03/23 Sold $98,500 -3.9% $148 / Sq Ft
04/06/2023 04/06/23 Price Changed $102,500 -1.0% $154 / Sq Ft
10/08/2022 10/08/22 For Sale $103,500 -- $155 / 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
2024 $924 $101,797 -- $101,797
2023 $568 $101,797 $0 $101,797
2022 $568 $45,800 $0 $45,800
2021 $556 $45,800 $0 $45,800
2020 $549 $45,800 $0 $45,800
2019 $534 $45,800 $0 $45,800
2018 $363 $22,100 $7,500 $14,600
2017 $349 $22,100 $7,500 $14,600
2016 $340 $22,100 $7,500 $14,600
2015 $328 $22,100 $7,500 $14,600
2014 $323 $22,100 $7,500 $14,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3911624

Canopy MLS (Canopy Realtor® Association)

APN: 173-322-65