NOT LISTED FOR SALE

Estimated Value: $153,000 - $189,000

3 Beds
1.5 Baths
1,216 Sq Ft
$206/mo HOA Fee

Last Sold December 15, 2017

Last sale price $64,900 $53 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $1,203/month

3 Days on Market

Highlights

  • Community Pool
  • Tennis Courts
  • Vinyl Flooring
  • South Mecklenburg High School Rated A-

About This Home

As of December 2017

A very nice Investment property. 3BR 1.5 BA Townhome located in S. Charlotte on the bus line and walking distance form the light rail. All appliances included. Rent should be $895. current lease up 8/31/18

Perfect for the New Investor
$825 rent
-$237.10 HOA
$587.90 Total profit. You pay $64,900 and your ROI before any expenses is 10.87%

you have very little turn in this area and not much renovation cost since the HOA handles all the outside issues.
Please do not disturb the tenant

Last Agent to Sell the Property

Ronnie Brown-Walters

MW Properties Realty Group LLC License #279683 Listed on: 10/08/2017

Last Buyer's Agent

Sarah Kennerly

Dickens Mitchener & Associates Inc License #81208

Dickens Mitchener & Associates Inc

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1972

HOA Fees

  • $206 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Siding

Additional Features

  • Vinyl Flooring

Listing and Financial Details

  • Assessor Parcel Number 173-322-69

Community Details

Overview

  • Hawthorne Management Association

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1972

Lot Details

0

HOA Fees

$206 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.94058
  • Ratio Current Price By Sq Ft: 53.37
  • Unit Floor Level: 1
  • Year Built: 1972
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 616
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Entry Level: Main
  • Equipment: Electric Range, Refrigerator, Electric Oven
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Pantry
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 600
  • Total Sq Ft: 1216
  • Sq Ft Unheated Main: 50
  • Sq Ft Unheated Total: 50

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Playground, Outdoor Pool, Tennis Court(s)
  • Association Fee: 206.17
  • Association Fee Frequency: Monthly
  • Complex Name: Sharon Lakes
  • HOA Management Company: Hawthorne Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Parcel Number: 173-322-69
  • Plat Reference Section Pages: 834
  • Zoning Specification: R17MF

Tax Info

  • Tax Value: 28500.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2017
Closed on
Dec 15, 2017
Sold by
Rupe David James and Rupe Jennifer J
Bought by
Brr Sharon Lakes Llc
Seller's Agent
Ronnie Brown-Walters
MW Properties Realty Group LLC
Buyer's Agent
Sarah Kennerly
Dickens Mitchener & Associates Inc
List Price
$69,000
Sold Price
$64,900
Premium/Discount to List
-$4,100
-5.94%
Current Estimated Value
$168,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,767
Avg. Annual Appreciation
13.08%

Purchase Details

Closed on
Oct 12, 2005
Sold by
Daniels Steven and Daniels Cynthia
Bought by
Rupe David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,300
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 27, 2003
Sold by
Fannie Mae
Bought by
Daniels Steven and Daniels Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,430
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2003
Sold by
Harper Jeffrey
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 28, 2001
Sold by
Hawfield Stephen D
Bought by
Harper Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 1999
Sold by
Castleton Capital Corp Llc
Bought by
Sams Ii Joseph Berry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,750
Interest Rate
7.85%
Mortgage Type
Seller Take Back
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
Brr Sharon Lakes Llc $560,000 None Available
Rupe David J $57,000 --
Daniels Steven -- --
Federal National Mortgage Association $90,825 --
Harper Jeffrey $95,000 --
Hawfield Stephen D $65,000 --
Sams Ii Joseph Berry $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brr Sharon Lakes Llc $5,682,225
Closed Brr Sharon Lakes Llc $6,750,000
Previous Owner Rupe David J $48,015
Previous Owner Rupe David J $51,300
Previous Owner Daniels Steven $98,430
Previous Owner Harper Jeffrey $85,500
Previous Owner Sams Ii Joseph Berry $335,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2017 12/15/17 Sold $64,900 -5.9% $53 / Sq Ft
10/11/2017 10/11/17 Pending -- -- --
10/08/2017 10/08/17 For Sale $69,000 -- $57 / 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
2025 $1,272 $147,643 -- $147,643
2024 $1,272 $147,643 -- $147,643
2023 $1,222 $147,643 $0 $147,643
2022 $766 $66,400 $0 $66,400
2021 $755 $66,400 $0 $66,400
2020 $748 $66,400 $0 $66,400
2019 $732 $66,400 $0 $66,400
2018 $447 $28,500 $7,500 $21,000
2017 $432 $28,500 $7,500 $21,000
2016 $422 $28,500 $7,500 $21,000
2015 $411 $28,500 $7,500 $21,000
2014 $405 $28,500 $7,500 $21,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3325849

Canopy MLS (Canopy Realtor® Association)

APN: 173-322-69