NOT LISTED FOR SALE

Estimated Value: $146,000 - $160,000

2 Beds
1.5 Baths
1,030 Sq Ft
$206/mo HOA Fee

Last Sold December 15, 2017

Last sale price $56,000 $54 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $1,127/month

3 Days on Market

Highlights

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

About This Home

As of December 2017

A very nice Investment property. 2BR 1.5 BA Townhome located in South Charlotte on the bus line and walking distance form the light rail. All appliances included. Current lease ends 8/31/18

Perfect for the New Investor
$780 rent
-$206.17 HOA
$573.83 Total profit. You pay $59,900 and your ROI before any expenses is 11.50%

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

Cottingham Chalk License #81208

Cottingham Chalk

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
  • Lawn

Listing and Financial Details

  • Assessor Parcel Number 173-322-72

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: 0.93489
  • Ratio Close Price By Original Li: 1.14286
  • Ratio Current Price By Sq Ft: 54.37
  • Unit Floor Level: 1
  • Year Built: 1972
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 534
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Electric Range, Refrigerator, g-Energy Star® Dishwasher, Electric Oven
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Pantry
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 496
  • Total Sq Ft: 1030
  • Sq Ft Unheated Main: 50
  • Sq Ft Unheated Total: 50

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Parking Space - 1

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: 173-322-72
  • Plat Reference Section Pages: 911
  • Zoning Specification: R17MF

Tax Info

  • Tax Value: 25600.00
  • 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
Cottingham Chalk
List Price
$49,000
Sold Price
$56,000
Premium/Discount to List
$7,000
14.29%
Current Estimated Value
$153,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,000
Avg. Annual Appreciation
13.32%

Purchase Details

Closed on
Oct 12, 2005
Sold by
Daniels Steven G and Daniels Cynthia A
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
$47,500
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 26, 2005
Sold by
Nbank Na
Bought by
Daniels Steven G and Daniels Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
5.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2003
Sold by
Thomas Donn
Bought by
Nbank Na

Purchase Details

Closed on
Feb 28, 2002
Sold by
Hawfield Stephen D
Bought by
Thomas Donn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $50,000 --
Daniels Steven G $244,500 --
Nbank Na $49,100 --
Thomas Donn $92,000 --
Hawfield Stephen D $54,000 --
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 $44,765
Previous Owner Rupe David J $47,500
Previous Owner Daniels Steven G $229,500
Previous Owner Thomas Donn $82,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2017 12/15/17 Sold $56,000 +14.3% $54 / Sq Ft
10/11/2017 10/11/17 Pending -- -- --
10/08/2017 10/08/17 For Sale $49,000 -- $48 / 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 $1,045 $123,564 $0 $123,564
2022 $677 $57,100 $0 $57,100
2021 $666 $57,100 $0 $57,100
2020 $658 $57,100 $0 $57,100
2019 $643 $57,100 $0 $57,100
2018 $409 $25,600 $7,500 $18,100
2017 $394 $25,600 $7,500 $18,100
2016 $385 $25,600 $7,500 $18,100
2015 $373 $25,600 $7,500 $18,100
2014 $368 $25,600 $7,500 $18,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3325856

Canopy MLS (Canopy Realtor® Association)

APN: 173-322-72