NOT LISTED FOR SALE

Estimated Value: $518,271 - $649,000

4 Beds
2 Baths
1,512 Sq Ft
$396/Sq Ft Est. Value

Last Sold March 26, 2024

Last sale price $619,000 $409 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,756/month

80 Days on Market

Highlights

  • Private Lot
  • Laundry Room
  • Central Air
  • Traditional Architecture
  • Four Sided Brick Exterior Elevation

About This Home

As of March 2024

Highly desirable duplex in Historic Wilmore; close to SouthEnd, the Lightrail and Uptown. Cash-flowing duplex on large and flat 0.3 acre parcel in Historic Wilmore. Well-maintained units currently leased for $1550/month and $1300/month totaling $2850/month. Both units feature hardwood floors, central A/C with gas heat pump and laundry connections. Low-maintenance fully brick exterior. Potential future purposes including keeping as a cash flowing duplex rehabbing and increasing rental rates or develop a triplex or potentially quadplex, if allowable by UDO. Please do not disturb tenants.

Last Agent to Sell the Property

Mitchell Hurley

Charlotte Living Realty Brokerage Email: hurleysellinghomes@gmail.com License #283532 Listed on: 11/28/2023

Last Buyer's Agent

Marianne Thomas

Lake Realty License #290981

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,764

Year Built

  • Built in 1951

Lot Details

  • Lot Dimensions are 80' x 160'
  • Private Lot
  • Level Lot

Parking

  • 4 Open Parking Spaces

Home Design

  • Duplex
  • Traditional Architecture
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,512 Sq Ft Home
  • Property has 1 Level
  • Crawl Space
  • Electric Oven
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Wilmore Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 119-064-01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,764

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Year Built: 1951
  • Road Surface Type: Gravel, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: hurleysellinghomes@gmail.com
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Appliances: Electric Oven, Refrigerator
  • Owner Pays: None
  • Above Grade Finished Sq Ft: 1512
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1512
  • Building Stories: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: In Kitchen
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Level, Private
  • Lot Size Area: 0.3
  • Lot Size Units: Acres
  • Parcel Number: 119-064-01
  • Lot Size: 80' x 160'
  • ResoLotSizeUnits: Acres
  • Zoning Specification: N1-C HDO

Green Features

  • Green Verification Count: 0

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Conditional

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2023
Closed on
Mar 25, 2024
Sold by
Mcmillan Ryan and Mcmillan Lauren Luongo
Bought by
Danzig Noah
Seller's Agent
Mitchell Hurley
Charlotte Living Realty
Buyer's Agent
Marianne Thomas
Lake Realty
List Price
$619,000
Sold Price
$619,000
Total Days on Market
80
Views
215
Current Estimated Value
$598,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,576
Avg. Annual Appreciation
-2.80%
Original Mortgage
$607,788
Outstanding Balance
$601,173
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
-$2,749

Purchase Details

Listed on
Jul 31, 2018
Closed on
Aug 27, 2018
Sold by
Doyle Cooke Properties Llc
Bought by
Mcmillan Ryan and Mcmillan Lauren Luongo
Seller's Agent
Edwin Wilson
5 Points Realty
Buyer's Agent
Mitchell Hurley
Charlotte Living Realty
List Price
$289,900
Sold Price
$289,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.56%
Original Mortgage
$217,425
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2017
Sold by
Cameron James Ventures Llc
Bought by
Doyle Cooke Properties Llc

Purchase Details

Closed on
Mar 8, 2007
Sold by
Metro Craftsman Homes Llc
Bought by
Cameron James Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,000
Interest Rate
6.22%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 24, 2006
Sold by
Tietsort Investments Lllp I
Bought by
Metro Craftsman Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,142
Interest Rate
6.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 31, 2003
Sold by
Tietsort K Daren and Tietsort Jacqueline Jane
Bought by
Tietsort Investments Lllp I
Source: Public Records

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Range of Values:

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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
Danzig Noah $619,000 None Listed On Document
Mcmillan Ryan $290,000 Southlake Title
Doyle Cooke Properties Llc -- None Available
Cameron James Ventures Llc $230,000 None Available
Metro Craftsman Homes Llc $190,000 Colonial Title Ins
Tietsort Investments Lllp I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Danzig Noah $607,788
Previous Owner Mcmillan Ryan $218,000
Previous Owner Mcmillan Ryan $217,425
Previous Owner Cameron James Ventures Llc $76,555
Previous Owner Cameron James Ventures Llc $398,000
Previous Owner Metro Craftsman Homes Llc $176,142
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2024 03/26/24 Sold $619,000 0.0% $409 / Sq Ft
11/28/2023 11/28/23 For Sale $619,000 +113.5% $409 / Sq Ft
08/30/2018 08/30/18 Sold $289,900 0.0% $192 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
07/31/2018 07/31/18 For Sale $289,900 -- $192 / 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 $4,764 $611,600 $385,000 $226,600
2022 $3,485 $335,100 $247,500 $87,600
2021 $3,463 $335,100 $247,500 $87,600
2020 $3,448 $335,100 $247,500 $87,600
2019 $3,417 $373,600 $247,500 $126,100
2018 $2,039 $144,200 $66,000 $78,200
2017 $1,993 $144,200 $66,000 $78,200
2016 $1,974 $144,200 $66,000 $78,200
2015 $1,951 $144,200 $66,000 $78,200
2014 $1,841 $137,300 $75,000 $62,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4089290

Canopy MLS (Canopy Realtor® Association)

APN: 119-064-01