$289,900
SOLD AUG 30, 2018
4 Beds
2 Baths
1,512 Sq Ft
0.3 Acres

Recently Sold

$192 Per Sq Ft

1 Day on Market

About This Home

As of March 2024

Cash-Flowing Duplex on Large 0.3 acre parcel in Historic Wilmore. Well-Maintained Units. Building is Currently Leased for $2070 per month. Each Unit Features It's Own Water Meter, Washer + Dryer Connections in Each. Hardwood Floors in Living and Bedrooms. Ample-Sized Rooms. Low-Maintenance Brick Exterior. Central A/C w/ Gas Heat in Each Unit. Walk to New Common Market + Tons of Bars, Restaurants, and Shops. Highly-Desirable Rental Near SouthEnd, Light Rail, Uptown, and I-77. Multiple Purposes for the Future: Maintain Duplex or Convert to Single Family. All Renovation Work on Exterior Subject to Historic District Approval During Plan Review.

Last Agent to Sell the Property

Edwin Wilson

5 Points Realty License #250791 Listed on: 07/31/2018

Last Buyer's Agent

Mitchell Hurley

Charlotte Living Realty License #283532

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Transitional Architecture

Flooring

  • Wood
  • Vinyl

Additional Features

  • 2 Full Bathrooms
  • Crawl Space

Listing and Financial Details

  • Tenant pays for all utilities
  • Rent includes garbage pick-up
  • Assessor Parcel Number 119-064-01

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 966333.33
  • Ratio Current Price By Sq Ft: 191.73
  • Year Built: 1951
  • Property Features: Attic Other
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Equipment: Dryer, Electric Dryer Hookup, Electric Range, Refrigerator, Washer, Electric Oven
  • Flooring: Vinyl, Wood
  • Laundry Location: Kitchen
  • Total Sq Ft: 1512

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Parking Space - 2

Utilities

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

Schools

  • Elementary School: Barringer
  • Middle School: Sedgefield
  • High School: Harding University

Lot Info

  • Lot Dimension: 80' x 160'
  • Lot Size Area: 0.300
  • Parcel Number: 119-064-01
  • Zoning Specification: R5

Rental Info

  • Rent Includes: Garbage Pick-up
  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 144200.00
  • 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
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
Views
215
Current Estimated Value
$630,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,903
Avg. Annual Appreciation
0.56%
Original Mortgage
$607,788
Outstanding Balance
$601,173
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
$22,511

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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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 $619,000 None Listed On Document
Warranty Deed $290,000 Southlake Title
Warranty Deed -- None Available
Warranty Deed $230,000 None Available
Warranty Deed $190,000 Colonial Title Ins
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $607,788 FHA
Previous Owner $218,000 New Conventional
Previous Owner $217,425 New Conventional
Previous Owner $76,555 Unknown
Previous Owner $398,000 Unknown
Previous Owner $176,142 Unknown
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: CAR3419162

Canopy MLS (Canopy Realtor® Association)

APN: 119-064-01