J
Seller's Agent in 2021
J.J. Olszowy
Ivy Property Group LLC
(704) 649-3540
6 in this area
15 Total Sales
2029 Union St Charlotte, NC 28205
Villa Heights NeighborhoodEstimated Value: $544,000 - $705,000
4
Beds
2
Baths
1,559
Sq Ft
$402/Sq Ft
Est. Value
About This Home
As of October 2021Incredible 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
Ivy Property Group LLC License #316193 Listed on: 09/01/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Lot Details
- 8,276
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 083-103-09
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 1, 2021
Closed on
Oct 14, 2021
Sold by
South Terrace Investors Llc
Bought by
Aldridge Donald Bo
Seller's Agent
J.J. Olszowy
Ivy Property Group LLC
Buyer's Agent
Lauren Lowery
COMPASS
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,274
Avg. Annual Appreciation
5.10%
Original Mortgage
$425,000
Outstanding Balance
$387,560
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$239,714
Purchase Details
Closed on
Apr 3, 2018
Sold by
Cassis & Cassis Capital Llc
Bought by
South Terrace Investors Llc
Purchase Details
Closed on
Dec 21, 2012
Sold by
Fannie Mae
Bought by
Casis & Casis Capital Llc
Purchase Details
Closed on
Sep 25, 2012
Sold by
Williams Joyce
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Aug 25, 2008
Sold by
Paramount Realty Inc
Bought by
Williams Joyce
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 8, 2006
Sold by
Corey Quincy and Corey Shelia
Bought by
Paramount Realty Inc
Purchase Details
Closed on
Apr 24, 2006
Sold by
Corey Quincy and Corey Shelia
Bought by
Paramount Realty Inc
Purchase Details
Closed on
Jun 30, 2004
Sold by
Sutherland Frank and Sutherland Janice
Bought by
Corey Quincy and Corey Shelia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,100
Interest Rate
8.27%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 18, 2001
Sold by
Mcdonald Hugh D and Mcdonald Nell B
Bought by
Sutherland Frank R and Sutherland Janice W
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Aldridge Donald Bo | $500,000 | None Available | |
| South Terrace Investors Llc | $1,785,000 | None Available | |
| Casis & Casis Capital Llc | -- | None Available | |
| Federal National Mortgage Association | $104,263 | None Available | |
| Williams Joyce | $120,000 | None Available | |
| Paramount Realty Inc | $48,300 | None Available | |
| Paramount Realty Inc | $1,000 | None Available | |
| Corey Quincy | $99,000 | -- | |
| Sutherland Frank R | $48,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Aldridge Donald Bo | $425,000 | |
| Previous Owner | Williams Joyce | $96,000 | |
| Previous Owner | Corey Quincy | $89,100 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/14/2021 10/14/21 | 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 | $4,142 | $506,400 | $380,000 | $126,400 |
| 2024 | $4,142 | $506,400 | $380,000 | $126,400 |
| 2023 | $3,993 | $506,400 | $380,000 | $126,400 |
| 2022 | $3,764 | $364,000 | $200,000 | $164,000 |
| 2021 | $3,742 | $364,000 | $200,000 | $164,000 |
| 2020 | $3,727 | $352,000 | $200,000 | $152,000 |
| 2019 | $3,580 | $375,000 | $200,000 | $175,000 |
| 2018 | $1,514 | $104,200 | $21,000 | $83,200 |
| 2017 | $1,475 | $104,200 | $21,000 | $83,200 |
| 2016 | $1,456 | $104,200 | $21,000 | $83,200 |
| 2015 | $1,433 | $104,200 | $21,000 | $83,200 |
| 2014 | $1,907 | $142,400 | $50,000 | $92,400 |
Source: Public Records
Agents Affiliated with this Home
-
J.J. Olszowy
-
Lauren Lowery
Buyer's Agent in 2021
Lauren Lowery
COMPASS
(404) 641-4442
1 in this area
123 Total Sales
Map
Source: Canopy MLS
MLS Number: CAR3780478
APN: 083-103-09
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID
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