224 W Arrowood Rd Charlotte, NC 28217
Montclaire South Neighborhood
3
Beds
1
Bath
1,035
Sq Ft
0.35
Acres
Highlights
- Wood Flooring
- 1-Story Property
- Central Heating and Cooling System
- Covered Patio or Porch
- Attached Carport
About This Home
As of December 2024Fixer-Upper for under $250K! 3BR/1 BA ranch home in coveted South Charlotte. Though it needs a little TLC, it has a lot of potential with a .35 acre lot, carport, storage closet, and screened-in porch. Longterm tenants are paying $1,350/month with the tenants vacating on 12/20/24 (lease available upon request). No HOA, no HOA fees! Hardwoods cover most of the interior flooring. Great, versatile location- right off of exit 4 (Nations Ford Road)- 10 minutes to Uptown and 5 minutes to SC. Amazing addition (at a great price!) for your Charlotte-area investment portfolio or an affordable home for the right handyman!
Last Agent to Sell the Property
BDF Realty, Inc. Brokerage Email: MLS@BDFRealty.com License #53139 Listed on: 08/06/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,610
Year Built
- Built in 1973
Lot Details
- Sloped Lot
- Property is zoned N1-B
Home Design
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 1,035 Sq Ft Home
- 1-Story Property
Kitchen
- Electric Oven
- Dishwasher
Flooring
- Wood
- Linoleum
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Parking
- Attached Carport
- Driveway
Outdoor Features
- Covered Patio or Porch
Schools
- South Pine Academy Elementary School
- Southwest Middle School
- Palisades High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- Foxboro Subdivision
Listing and Financial Details
- Assessor Parcel Number 167-209-16
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 6, 2024
Closed on
Dec 13, 2024
Sold by
James Nicholas Louis and Mansi Kachalia
Bought by
Moutaly Mohamed
Seller's Agent
Brett Furniss
BDF Realty, Inc.
Buyer's Agent
Debra Kasey
Ivester Jackson Properties
List Price
$259,000
Sold Price
$235,000
Premium/Discount to List
-$24,000
-9.27%
Views
173
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,464
Avg. Annual Appreciation
4.94%
Original Mortgage
$164,500
Outstanding Balance
$163,117
Interest Rate
1.8%
Mortgage Type
New Conventional
Estimated Equity
$79,715
Purchase Details
Closed on
Jul 30, 2010
Sold by
James Kurisummootil Sebastian and James Molly Cicily
Bought by
James Nicholas L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,800
Interest Rate
4.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 2, 2008
Sold by
Federal National Mortgage Association
Bought by
James Kurisummootil Sebastian and James Molly Cicily
Purchase Details
Closed on
Dec 27, 2007
Sold by
Mosby Kelly
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
May 30, 2003
Sold by
Nichols Kwesi
Bought by
Mosby Kelly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,780
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 9, 2002
Sold by
Fairbanks Capital Corp
Bought by
Nichols Kwesi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
6.1%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 6, 2002
Sold by
Thompson John R and Thompson Johnie Mae
Bought by
Fairbanks Capital Corp and Tcif Reo 2 Llc
Similar Homes in Charlotte, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $235,000 | Attorneys Title | |
| Warranty Deed | $71,000 | None Available | |
| Special Warranty Deed | -- | None Available | |
| Trustee Deed | $65,700 | None Available | |
| Warranty Deed | $74,000 | Investors Title | |
| Special Warranty Deed | $47,000 | -- | |
| Trustee Deed | $57,515 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $164,500 | New Conventional | |
| Previous Owner | $56,800 | New Conventional | |
| Previous Owner | $50,400 | Unknown | |
| Previous Owner | $71,780 | Purchase Money Mortgage | |
| Previous Owner | $46,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/23/2024 12/23/24 | Sold | $235,000 | -4.1% | $227 / Sq Ft |
| 09/09/2024 09/09/24 | Price Changed | $245,000 | -5.4% | $237 / Sq Ft |
| 08/06/2024 08/06/24 | For Sale | $259,000 | -- | $250 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $1,610 | $192,400 | $49,500 | $142,900 |
| 2023 | $1,550 | $192,400 | $49,500 | $142,900 |
| 2022 | $1,005 | $91,100 | $18,000 | $73,100 |
| 2021 | $994 | $91,100 | $18,000 | $73,100 |
| 2020 | $986 | $91,100 | $18,000 | $73,100 |
| 2019 | $971 | $91,100 | $18,000 | $73,100 |
| 2018 | $858 | $59,800 | $15,400 | $44,400 |
| 2017 | $837 | $59,800 | $15,400 | $44,400 |
| 2016 | $828 | $59,800 | $15,400 | $44,400 |
| 2015 | $816 | $59,800 | $15,400 | $44,400 |
| 2014 | $985 | $71,900 | $16,200 | $55,700 |
Source: Public Records
Agents Affiliated with this Home
-
Brett Furniss
B
Seller's Agent in 2024
Brett Furniss
BDF Realty, Inc.
(704) 902-7522
1 in this area
8 Total Sales
-
Debra Kasey
Buyer's Agent in 2024
Debra Kasey
Ivester Jackson Properties
(704) 651-5885
1 in this area
67 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4168399
APN: 167-209-16
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