NOT LISTED FOR SALE

226 S Torrence St Unit 306 Charlotte, NC 28204

Cherry Neighborhood

Estimated Value: $376,000 - $404,000

2 Beds
2 Baths
1,052 Sq Ft
$205/mo HOA Fee

Last Sold July 27, 2017

Last sale price $230,000 $219 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,613/month

10 Days on Market

Highlights

  • Fireplace
  • Myers Park High Rated A
  • 5-minute walk to Cherry Park

About This Home

As of July 2017

Cute, updated, third floor end condo in Crown View! This unit has new granite countertops, subway tile backsplash, new carpet in the bedrooms, new tile in kitchen and a perfect city view! Located conveniently in the charming historic Cherry neighborhood, you'll never be bored w/ walkability to shops and restaurants, BJ's, Target, Best Buy, Marshalls, and all the Metropolitan has to offer! Minutes from Uptown, Elizabeth, Plaza Midwood and Southend with easy access to 277 - storage unit included!

Last Agent to Sell the Property

Thomas Larsen

My Townhome License #180031 Listed on: 05/30/2017

Last Buyer's Agent

John Costello

Costello Real Estate and Investments Fort Mill LLC License #280675

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1999

Lot Details

  • 1

HOA Fees

  • $205 Monthly HOA Fees

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Crawl Space

Community Details

  • Community Association Management Association, Phone Number (704) 731-5560
  • Mid-Rise Condominium

Listing and Financial Details

  • Assessor Parcel Number 125-224-41

Property Details

Home Type

Condominium

Year Built

Built in 1999

Lot Details

0

HOA Fees

$205 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Mid-Rise
  • Ratio Close Price By List Price: 0.97872
  • Ratio Close Price By Original Li: 0.97872
  • Ratio Current Price By Sq Ft: 218.63
  • Unit Floor Level: 3
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer, Gas Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • H O A Management Phone: (704) 731-5560
  • Laundry Location: Closet
  • Room Count: 1
  • Main Level Sq Ft: 1052
  • Total Sq Ft: 1052

Exterior Features

  • Construction: Brick Partial
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Parking: Carport - 1 Car

Utilities

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

Condo/Co-op/Association

  • Association Fee: 205.00
  • Association Fee Frequency: Monthly
  • Complex Name: Crown View
  • HOA Management Company: Community Association Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Parcel Number: 125-224-41
  • Zoning Specification: R22MF

Tax Info

  • Tax Value: 172400.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2022
Sold by
Clayton Adam D
Bought by
Tamimi Iman
Total Days on Market
10
Current Estimated Value
$388,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,400
Outstanding Balance
$299,438
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$96,719

Purchase Details

Listed on
May 30, 2017
Closed on
Jul 27, 2017
Sold by
Lovett Jennifer K and Lovett Ii Mark B
Bought by
Clayton Adam D
Seller's Agent
Thomas Larsen
My Townhome
Buyer's Agent
John Costello
Costello Real Estate and Investments Fort Mill LLC
List Price
$235,000
Sold Price
$230,000
Premium/Discount to List
-$5,000
-2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$207,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2006
Sold by
Brown Chesser
Bought by
Frankovich Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,720
Interest Rate
6.33%
Mortgage Type
Fannie Mae Freddie Mac
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
Tamimi Iman $318,500 Paladin Law
Clayton Adam D $230,000 Investors Title Insurance Co
Frankovich Jennifer $216,000 Investors
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tamimi Iman $318,400
Previous Owner Clayton Adam D $207,000
Previous Owner Frankovich Jennifer $172,720
Previous Owner Brown Chesser M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2017 07/27/17 Sold $230,000 -2.1% $219 / Sq Ft
06/09/2017 06/09/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $235,000 0.0% $223 / Sq Ft
05/23/2016 05/23/16 Rented $1,300 +13.5% --
04/12/2016 04/12/16 Under Contract -- -- --
03/29/2016 03/29/16 For Rent $1,145 +4.1% --
05/01/2014 05/01/14 Rented $1,100 0.0% --
04/14/2014 04/14/14 Under Contract -- -- --
04/03/2014 04/03/14 For Rent $1,100 -3.9% --
02/08/2013 02/08/13 Rented $1,145 -4.2% --
02/08/2013 02/08/13 For Rent $1,195 -- --
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 $2,733 $353,613 $0 $353,613
2022 $2,444 $240,300 $0 $240,300
2021 $2,433 $240,300 $0 $240,300
2020 $2,426 $240,300 $0 $240,300
2019 $2,410 $240,300 $0 $240,300
2018 $2,335 $172,400 $57,500 $114,900
2017 $2,295 $172,400 $57,500 $114,900
2016 $2,285 $172,400 $57,500 $114,900
2015 $2,274 $172,400 $57,500 $114,900
2014 $2,253 $172,400 $57,500 $114,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3286150

Canopy MLS (Canopy Realtor® Association)

APN: 125-224-41