NOT LISTED FOR SALE

Estimated Value: $841,085 - $1,103,000

4 Beds
2 Baths
3,239 Sq Ft
$302/Sq Ft Est. Value

Last Sold August 05, 2021

Last sale price $685,000 $211 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,486/month

16 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Fireplace
  • Myers Park High Rated A
  • Corner Lot

About This Home

As of August 2021

Fabulous opportunity in sought after Elizabeth neighborhood. Original duplex w tons of charm. Renovate this duplex and bring back its original glory w modern features or use the lot to build your new dream home. This full brick duplex features great space, large rooms, covered patios for both units, tons of windows, craftsman style moldings, fireplaces and more. Lower unit features 2 bedrooms, 1 bath w large kitchen area, quaint breakfast & full dining room, plus sunroom off of the main living area and a den off the master bedroom. Upstairs unit located at 235 Ridgeway features a 2 bedroom, 1 bath unit with kitchen, breakfast, dining and living room plus a covered porch. Each unit has its own laundry hookups. Fantastic corner lot allows you to incorporate a detached or side load garage. Prime location just a short 2 block walk to the hospital, dining and more. Home is sold AS IS.

Last Agent to Sell the Property

Molly Zahn Harrison

JET Realty Carolinas License #58939 Listed on: 05/21/2021

Last Buyer's Agent

Jack Marinelli

Helen Adams Realty License #246100

Helen Adams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1934

Lot Details

  • Lot Dimensions are 58x157
  • Corner Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace

Flooring

  • Wood
  • Tile

Listing and Financial Details

  • Rent includes all utilities
  • Assessor Parcel Number 127-085-11

Property Details

Home Type

Multi-Family

Year Built

Built in 1934

Lot Details

8,712 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.97997
  • Ratio Close Price By Original Li: 0.91333
  • Ratio Current Price By Acre: 3425000.00
  • Ratio Current Price By Sq Ft: 211.49
  • Year Built: 1934
  • Property Features: Attic Stairs Pulldown, Fireplace, Refrigerator
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Doors and Windows: Storm Window(s)
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Refrigerator
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Laundry Location: Main, Upper
  • Total Sq Ft: 3239

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Detached Garage, Garage - 2 Car

Utilities

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

Lot Info

  • Lot Dimension: 58x157
  • Lot Features: Corner Lot, Level
  • Parcel Number: 127-085-11
  • Zoning Specification: R5

Rental Info

  • Rent Includes: All Utilities

Tax Info

  • Tax Value: 587400.00
  • Tax Location: Charlotte

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Aug 5, 2021
Sold by
Norman W Craig W and Norman William Craig
Bought by
Ziggys Palace Llc
Seller's Agent
Molly Zahn Harrison
JET Realty Carolinas
Buyer's Agent
Jack Marinelli
Helen Adams Realty
List Price
$750,000
Sold Price
$685,000
Premium/Discount to List
-$65,000
-8.67%
Current Estimated Value
$974,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,853
Avg. Annual Appreciation
8.06%
Original Mortgage
$615,815
Outstanding Balance
$560,801
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$418,561

Purchase Details

Closed on
Oct 8, 1986
Bought by
Norman W Craig
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ziggys Palace Llc $685,000 First American Title Ins Co
Norman W Craig $85,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ziggys Palace Llc $615,815
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2021 08/05/21 Sold $685,000 -2.0% $211 / Sq Ft
06/06/2021 06/06/21 Pending -- -- --
06/05/2021 06/05/21 Price Changed $699,000 -6.8% $216 / Sq Ft
05/21/2021 05/21/21 For Sale $750,000 -- $232 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $5,624 $702,200 $632,500 $69,700
2024 $5,624 $702,200 $632,500 $69,700
2023 $5,334 $702,200 $632,500 $69,700
2022 $5,833 $587,400 $410,000 $177,400
2021 $5,668 $587,400 $410,000 $177,400
2020 $5,883 $587,400 $410,000 $177,400
2019 $5,852 $587,400 $410,000 $177,400
2018 $4,773 $352,600 $234,000 $118,600
2017 $4,690 $352,600 $234,000 $118,600
2016 $4,671 $352,600 $234,000 $118,600
2015 $4,648 $352,600 $234,000 $118,600
2014 $4,607 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3741722

Canopy MLS (Canopy Realtor® Association)

APN: 127-085-11

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