NOT LISTED FOR SALE

Estimated Value: $554,000 - $573,000

2 Beds
2 Baths
1,080 Sq Ft
$522/Sq Ft Est. Value

Last Sold July 29, 2020

Last sale price $418,000 $387 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,931/month

Highlights

  • Concierge
  • Fitness Center
  • Rooftop Deck
  • Myers Park High Rated A
  • In Ground Pool
  • 3-minute walk to Fourth Ward Park

About This Home

As of July 2020

HOME IS VACANT and VIEWABLE.This 2BR 2BA high-rise corner condo at the Avenue is in the center of Charlotte’s uptown. Walk to work, city nightlife, and being near fine restaurants, shops, museums, performing art shows, sports and holiday events. Your new home on the 19th floor offers two separate private bedrooms each boasting their own private bath and walk-in closet. This unit faces south and east, giving the most favorable stunning views of uptown from morning to night. The floor-to-ceiling windows, the high 10-foot ceilings and open floor plan will make your living area very bright and spacious. Hardwood flooring, granite tops, breakfast bar, stainless appliances, a computer nook and more. Amenities include a 24-hour concierge, newly renovated lobby, business center, 24-hour fitness center with yoga room, outdoor saltwater pool, billiards room, poker table, and an outdoor fireplace and grill. Internet is included in HOA. 2 large parking spaces in the gated garage included. Pets ok.

Last Agent to Sell the Property

Stephen Scott

Realty Dynamics Inc. Brokerage Email: ncrealtydynamics@gmail.com License #260817 Listed on: 06/10/2020

Last Buyer's Agent

Kent Temple

Keller Williams Unified License #230093

Keller Williams Unified

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,943

Year Built

  • Built in 2007

Lot Details

  • 218

HOA Fees

  • $419 Monthly HOA Fees

Parking

  • 2 Open Parking Spaces

Home Design

  • Modern Architecture
  • Property Attached

Interior Spaces

  • 1,080 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Intercom

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Freezer
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • Stepless Entry

Outdoor Features

  • In Ground Pool
  • Outdoor Fireplace

Schools

  • First Ward Elementary School
  • Sedgefield Middle School
  • West Charlotte High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 07848233

Community Details

Overview

  • First Service Residential Association, Phone Number (855) 546-9462
  • High-Rise Condominium
  • Avenue Condominiums
  • Fourth Ward Subdivision
  • Mandatory home owners association

Amenities

  • Concierge
  • Rooftop Deck
  • Business Center

Recreation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,943

Year Built

Built in 2007

Lot Details

0

HOA Fees

$419 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Modern
  • Year Built: 2007
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 1
  • Proposed Special Assessment Desc: Potential unit assessment for exterior of building est. $5000
  • Road Surface Type: None
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 387.04
  • Property Sub Type Additional: High-Rise
  • Attribution Contact: ncrealtydynamics@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Other - See Remarks
  • Entry Level: 19
  • Fireplace: No
  • Flooring: Tile, Wood
  • Interior Amenities: Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1080
  • 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, Disposal, Electric Cooktop, Electric Water Heater, Freezer, Microwave, Oven, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Washer
  • Above Grade Finished Sq Ft: 1080
  • Accessibility Features: Elevator, Zero-Grade Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Outside
  • Living Area: 1080
  • Window Features: Window Treatments
  • Bedroom Main: 2
  • Room Count: 9
  • Sq Ft Other: 0

Exterior Features

  • Exterior Features: In Ground Pool
  • New Construction: No
  • Construction Type: Site Built
  • View: City, Year Round
  • Waterfront Features: None
  • Construction Type: Concrete Block, Glass
  • Patio And Porch Features: Balcony

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Central, Electric, Forced Air, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Laundry Closet
  • Security: Carbon Monoxide Detector(s), Intercom, Security Service
  • Cooling: Ceiling Fan(s), Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Business Center, Concierge, Elevator, Fitness Center, Outdoor Pool, Rooftop Terrace
  • Association Fee: 419.47
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Avenue Condominiums
  • Association Name: First Service Residential
  • Phone: 855-546-9462
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly
  • Association Email: laressa.jones@fsresidential.com

Schools

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

Lot Info

  • Lot Features: Views
  • Lot Size Units: Acres
  • Parcel Number: 07848233
  • Zoning: R300
  • Plat Reference Section Pages: 530
  • Land Included Yn: 0
  • Lot Size: 0
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Condo

Green Features

  • Green Verification Count: 1

Rental Info

  • Pets Allowed: Conditional

MLS Schools

  • Elementary School: First Ward
  • High School: West Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Aug 24, 2020
Sold by
Pell James Albert and Pell Linda Lou
Bought by
Pell James Albert and Pell Linda Lou
Seller's Agent
Stephen Scott
Realty Dynamics Inc.
Buyer's Agent
Kent Temple
Keller Williams Unified
List Price
$430,000
Sold Price
$418,000
Premium/Discount to List
-$12,000
-2.79%
Current Estimated Value
$581,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,360
Avg. Annual Appreciation
7.00%
Original Mortgage
$334,400
Outstanding Balance
$299,808
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$288,160

Purchase Details

Listed on
Jun 10, 2020
Closed on
Jul 14, 2020
Sold by
Wei Xaiolei and Yang Ning
Bought by
Pell James Albert and Pell Linda Lou
Seller's Agent
Stephen Scott
Realty Dynamics Inc.
Buyer's Agent
Kent Temple
Keller Williams Unified
List Price
$430,000
Sold Price
$418,000
Premium/Discount to List
-$12,000
-2.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,400
Outstanding Balance
$299,808
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$288,160

Purchase Details

Closed on
Mar 29, 2018
Sold by
Hamby John G
Bought by
Wei Xaiolei and Yang Ning

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,250
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 8, 2011
Sold by
Fannie Mae
Bought by
Hamby John G

Purchase Details

Closed on
Dec 16, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Errazo Marlon P and Errazo Maria B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,600
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2010
Sold by
Bonnefoux Chris Laurent
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,600
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2007
Sold by
Novare Charlotte Development Llc
Bought by
Bonnefoux Chris Laurent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,840
Interest Rate
6.26%
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
Pell James Albert -- None Available
Pell James Albert $418,000 None Available
Wei Xaiolei $395,000 None Available
Hamby John G -- None Available
Errazo Marlon P -- None Available
Federal National Mortgage Association $342,071 None Available
Bonnefoux Chris Laurent $392,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pell James Albert $334,400
Previous Owner Wei Xaiolei $296,250
Previous Owner Errazo Marlon P $165,600
Previous Owner Bonnefoux Chris Laurent $35,000
Previous Owner Bonnefoux Chris Laurent $313,840
Previous Owner Bonnefoux Chris Laurent $313,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2020 07/29/20 Sold $418,000 -2.8% $387 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $430,000 -- $398 / 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 $3,943 $488,019 $0 $488,019
2022 $3,879 $370,700 $0 $370,700
2021 $3,868 $370,700 $0 $370,700
2020 $3,860 $370,700 $0 $370,700
2019 $3,895 $370,700 $0 $370,700
2018 $3,858 $275,300 $71,300 $204,000
2017 $3,771 $275,300 $71,300 $204,000
2016 $3,762 $275,300 $71,300 $204,000
2015 $3,750 $275,300 $71,300 $204,000
2014 $3,720 $256,500 $52,500 $204,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3629510

Canopy MLS (Canopy Realtor® Association)

APN: 078-482-33