NOT LISTED FOR SALE

231 Orange St Charlotte, NC 28205

Grier Heights Neighborhood

Estimated Value: $361,000 - $429,000

4 Beds
2 Baths
1,344 Sq Ft
$293/Sq Ft Est. Value

Last Sold May 13, 2021

Last sale price $300,000 $223 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,455/month

2 Days on Market

Highlights

  • Second Kitchen
  • Wooded Lot
  • No HOA
  • Myers Park High Rated A
  • Ranch Style House
  • Covered Patio or Porch

About This Home

As of May 2021

Great Multi-Family unit in Grier Heights community. Hot area, turn key. Buy it and collect checks or remodel and take to higher rents. Great level lot, newer construction across street. Short walk to the hospital, starbuck and bustling life of plaza midwood area. Do not disturb tenants, inspections/walk through after property is under contract. Guaranteed Rent.

Last Agent to Sell the Property

Niels Anderson

ENA Rentals LLC Brokerage Email: nielsanderson@gmail.com License #267390 Listed on: 04/27/2021

Last Buyer's Agent

Cheryl Littlefield

Real Broker, LLC License #271743

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Duplex
  • Ranch Style House
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,344 Sq Ft Home
  • Bar Fridge
  • Ceiling Fan
  • Crawl Space
  • Carbon Monoxide Detectors
  • Laundry Room

Kitchen

  • Second Kitchen
  • Oven

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • 4 Open Parking Spaces

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Elizabeth Acres Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 157-013-08

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Ranch
  • Year Built: 1947
  • Road Surface Type: Gravel, Paved
  • ResoPropertyType: ResidentialIncome
  • Attribution Contact: nielsanderson@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Tile, Vinyl
  • Interior Amenities: Attic Other, Cable Prewire
  • Room Other: 2nd Kitchen,2nd Living Quarters,Bathroom(s),Bedroom(s),Den,Kitchen
  • Appliances: Bar Fridge, Electric Water Heater, Oven, Refrigerator
  • Owner Pays: None
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Other - See Remarks
  • Living Area: 1344

Exterior Features

  • Exterior Features: Other - See Remarks
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Brick Full
  • Patio And Porch Features: Covered, Front Porch, Side Porch, Other - See Remarks

Garage/Parking

  • Total Parking Spaces: 4
  • Main Level Garage YN: 0
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway, Parking Space(s)

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s), Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

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

Lot Info

  • Lot Features: Level, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 157-013-08
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R5

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
Apr 27, 2021
Closed on
May 12, 2021
Sold by
Demchik David
Bought by
Childrens Foundation Llc
Seller's Agent
Niels Anderson
ENA Rentals LLC
Buyer's Agent
Cheryl Littlefield
Real Broker, LLC
List Price
$299,900
Sold Price
$300,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$394,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,058
Avg. Annual Appreciation
6.00%

Purchase Details

Closed on
Dec 29, 2015
Sold by
Dt Square Properties Llc
Bought by
Demchik David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Dt Square Properties Llc

Purchase Details

Closed on
Sep 16, 2010
Sold by
Thomson Robert and Vaughn Klutts J
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jul 9, 2010
Sold by
Thomson Robert and Vaughn Klutts J
Bought by
Key Mortgage Services Llc

Purchase Details

Closed on
Nov 20, 2003
Sold by
First Charter Bank
Bought by
Thomson Robert and Vaughn Klutts J

Purchase Details

Closed on
Nov 3, 2003
Sold by
Bailey Darrell M
Bought by
First Charter Bank

Purchase Details

Closed on
Jun 28, 2002
Sold by
Investors Asset Management Inc
Bought by
Bailey Darrell M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2002
Sold by
Malphurs David D
Bought by
Investors Asset Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.8%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Childrens Foundation Llc $300,000 None Available
Demchik David $75,000 None Available
Dt Square Properties Llc $29,500 None Available
Deutsche Bank National Trust Company $32,894 None Available
Key Mortgage Services Llc -- None Available
Thomson Robert $40,000 --
First Charter Bank $40,000 --
Bailey Darrell M $90,000 --
Investors Asset Management Inc $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Demchik David $56,250
Previous Owner Bailey Darrell M $6,000
Previous Owner Investors Asset Management Inc $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2021 05/13/21 Sold $300,000 0.0% $223 / Sq Ft
04/30/2021 04/30/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $299,900 -- $223 / 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
2025 -- $306,800 $201,300 $105,500
2024 -- $306,800 $201,300 $105,500
2023 $1,200 $306,800 $201,300 $105,500
2022 $1,200 $124,400 $57,500 $66,900
2021 $1,430 $124,400 $57,500 $66,900
2020 $1,415 $124,400 $57,500 $66,900
2019 $1,384 $124,400 $57,500 $66,900
2018 $744 $45,500 $9,000 $36,500
2017 $715 $45,500 $9,000 $36,500
2016 $696 $45,500 $9,000 $36,500
2015 $673 $45,500 $9,000 $36,500
2014 $662 $54,700 $9,000 $45,700
Source: Public Records

Agents Affiliated with this Home

  • Niels Anderson

    Seller's Agent in 2021

    Niels Anderson

    ENA Rentals LLC

    (704) 916-9701

    1 in this area

    19 Total Sales

    Niels Anderson
    Section Image
  • Cheryl Littlefield

    Buyer's Agent in 2021

    Cheryl Littlefield

    Real Broker, LLC

    (704) 564-2942

    1 in this area

    58 Total Sales

    Cheryl Littlefield
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3732212

Canopy MLS (Canopy Realtor® Association)

APN: 157-013-08

North Carolina Mecklenburg County Charlotte 28205 Grier Heights

231 Orange St, Charlotte, NC

Not Listed for Sale

MultiFamily

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