$720,000
SOLD APR 29, 2025
6 Beds
6 Baths
4,446 Sq Ft
0.38 Acres

Recently Sold

$162 Per Sq Ft

1% Below List Price

3 Days on Market

Highlights

  • New Construction
  • Traditional Architecture
  • Covered Patio or Porch
  • Deck
  • Great Room
  • 2 Car Attached Garage

About This Home

As of April 2025

Discover an exceptional investment opportunity with these stunning new construction condos! Exceptional cap rate with rental potential/low maintenance plus no HOA fees or rental restrictions! Each unit comes with a 2-car attached garage and oversized back deck with covered front porches. Inside find luxurious vinyl flooring and a spacious open floor plan, complete with 42-inch cabinets, elegant granite countertops, stylish tile backsplashes, and modern stainless-steel appliances. The second floor features a primary suite with a private ensuite bathroom, along with generously sized secondary bedrooms and convenient laundry facilities. Located just off interstate 485 outer in one of the most sought after and fastest growing areas of Charlotte! Don’t miss out on this fantastic opportunity!

Last Agent to Sell the Property

Mark McClaskey

EXP Realty LLC Ballantyne Brokerage Phone: 704-604-5952 License #77314 Listed on: 02/28/2025

EXP Realty LLC Ballantyne

Last Buyer's Agent

Nancy Putnam

Better Homes and Gardens Real Estate Paracle

Better Homes and Gardens Real Estate Paracle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,395

Year Built

  • Built in 2024 | New Construction

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 4,446 Sq Ft Home
  • Property has 2 Levels
  • Entrance Foyer
  • Great Room
  • Dining Area
  • Vinyl Flooring
  • Crawl Space
  • Laundry Room

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • River Oaks Academy Elementary School
  • Coulwood Middle School
  • West Mecklenburg High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • Coulwood Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 031-376-17

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,395

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Year Built: 2024
  • Road Surface Type: Concrete, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: Medium
  • Attribution Contact: 704-604-5952
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Entrance Foyer, Pantry
  • Room Other: Primary Bedroom,Bedroom(s),Bathroom(s),Kitchen,Dining Area,Great Room,Laundry
  • Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven
  • Owner Pays: None
  • Above Grade Finished Sq Ft: 4446
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Living Area: 4446
  • Building Stories: 2
  • Sq Ft Other: 880

Exterior Features

  • New Construction: Yes
  • Construction Type: Site Built
  • Construction Type: Vinyl
  • Patio And Porch Features: Covered, Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 440
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Laundry Closet, Upper Level
  • Cooling: Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Coulwood
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.38
  • Lot Size Units: Acres
  • Parcel Number: 031-376-17
  • Zoning: CG
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: CG

Green Features

  • Green Verification Count: 0

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: River Oaks Academy
  • High School: West Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2025
Closed on
Apr 21, 2025
Sold by
4 A M Development Inc
Bought by
Alexander Melynda Inae and Alexander Phillip Kyle
Seller's Agent
Mark McClaskey
EXP Realty LLC Ballantyne
Buyer's Agent
Nancy Putnam
Better Homes and Gardens Real Estate Paracle
List Price
$725,000
Sold Price
$720,000
Premium/Discount to List
-$5,000
-0.69%
Views
29
Current Estimated Value
$631,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$88,662
Avg. Annual Appreciation
-29.24%
Original Mortgage
$576,000
Outstanding Balance
$573,960
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$57,378

Purchase Details

Closed on
Sep 18, 2023
Sold by
Mitchem Rosa
Bought by
4 A M Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,500
Interest Rate
7.09%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $720,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $576,000 New Conventional
Previous Owner $374,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Sold $720,000 -0.7% $162 / Sq Ft
02/28/2025 02/28/25 For Sale $725,000 -- $163 / 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 $5,395 $360,800 $51,000 $309,800
2024 $5,395 $712,500 $58,900 $653,600
2023 $5,395 $58,900 $58,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4227933

Canopy MLS (Canopy Realtor® Association)

APN: 031-376-17