$630,000
SOLD JUL 30, 2025
9 Beds
4.5 Baths
3,461 Sq Ft
0.95 Acres

Recently Sold

$182 Per Sq Ft

7% Below List Price

7 Days on Market

Highlights

  • Covered patio or porch
  • Laundry Room
  • Level Lot
  • Living Room
  • Central Heating and Cooling System
  • 2-minute walk to The Ritz Washington Heights

About This Home

As of July 2025

Own 4 cash-flowing homes (MLS #4271729, #4271732, #4271694, #4271735) in Charlotte and Lowell’s high-growth markets—boasting 7% annual income and population surges. Priced below market for a bulk purchase, this 100% occupied portfolio delivers immediate income and great upside potential, with recent upgrades across all units ensuring minimal near-term capex.

Tenants in place provide steady returns, while proximity to Uptown Charlotte and major employers guarantees lasting demand. These move-in-ready homes are ideal for passive investors or portfolio expansion, combining appreciation upside with strong current yields.

Last Agent to Sell the Property

Mike Morrell

Keller Williams Connected Brokerage Email: mike@dreamteamunited.com License #271648 Listed on: 06/25/2025

Keller Williams Connected

Co-Listed By

Ola van Zyl

Keller Williams Connected Brokerage Email: mike@dreamteamunited.com License #337382

Last Buyer's Agent

Adamo Riascos

Providence Realty Partners, LLC License #307337

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,755

Year Built

  • Built in 1933

Lot Details

  • Level Lot
  • Additional Parcels

Parking

  • On-Street Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,461 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 9 Bedrooms

Schools

  • Bruns Avenue Elementary School
  • Ranson Middle School
  • West Charlotte High School

Additional Features

  • Covered patio or porch
  • Central Heating and Cooling System

Community Details

  • Washington Heights Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 06906307

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,755

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Portfolio
  • Year Built: 1933
  • Road Surface Type: None, Paved
  • Geocode Confidence: High
  • Attribution Contact: mike@dreamteamunited.com
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Room Other: Primary Bedroom,Bedroom(s),Bathroom(s),Kitchen,Living Room
  • Appliances: Electric Oven, Electric Range, Refrigerator
  • Above Grade Finished Sq Ft: 3461
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 9
  • Living Area: 3461
  • Building Stories: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Vinyl
  • Patio And Porch Features: Covered, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: On Street

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.95
  • Lot Size Units: Acres
  • Parcel Number: 06906307
  • Additional Parcels Description: 127805, 06307313, 06310439
  • Additional Parcels: Yes
  • Zoning Specification: N1-C

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Bruns Avenue
  • High School: West Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2019
Sold by
Fawcettt Shannon R and Fawcettt Roxanne G
Bought by
Winwood Llc

Purchase Details

Closed on
Sep 21, 2017
Sold by
Fear Investments Llc
Bought by
Fawcett Shannon R and Fawcett Roxanne G

Purchase Details

Closed on
Mar 9, 2017
Sold by
Jacobe Sibi and Thomas Ligi
Bought by
No Fear Investments Llc

Purchase Details

Closed on
Aug 6, 2015
Sold by
Stophel Residential Llc
Bought by
Jacobe Sibi

Purchase Details

Closed on
Dec 29, 2014
Sold by
Busack Andrew J and Busack Rebecca A
Bought by
Stophel Residential Llc

Purchase Details

Closed on
Mar 12, 2009
Sold by
Busack Andrew J
Bought by
Busack Andrew J and Smith Will R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,249
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Wilworth Properties Llc

Purchase Details

Closed on
Jul 25, 2008
Sold by
Wilworth Properties Llc
Bought by
Moore Thomas P

Purchase Details

Closed on
May 19, 2008
Sold by
Johnson Bruce
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Trust 2006-Wl1

Purchase Details

Closed on
Aug 29, 2005
Sold by
Ccm Real Estate Investments Inc
Bought by
Johnson Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,500
Interest Rate
5.61%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 25, 2004
Sold by
Nelson Keisha C
Bought by
Ccm Real Estate Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,900
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2003
Sold by
Nelson Joel
Bought by
Nelson Keisha C

Purchase Details

Closed on
Dec 26, 2002
Sold by
Azizy Haim and Azizy Kim
Bought by
Nelson Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2002
Sold by
Horton Mamie Smith
Bought by
Azizy Haim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $119,500 None Available
Warranty Deed $35,000 None Available
Warranty Deed $16,000 Attorney
Warranty Deed $8,500 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $32,000 None Available
Special Warranty Deed $25,000 None Available
Quit Claim Deed -- None Available
Trustee Deed $35,700 None Available
Warranty Deed $55,000 --
Trustee Deed $21,686 --
Interfamily Deed Transfer $23,000 --
Deed $28,000 --
Warranty Deed $23,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $25,249 Purchase Money Mortgage
Previous Owner $5,500 Seller Take Back
Previous Owner $49,500 Fannie Mae Freddie Mac
Previous Owner $39,900 Purchase Money Mortgage
Previous Owner $28,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Sold $150,000 -76.2% $218 / Sq Ft
07/30/2025 07/30/25 Sold $630,000 +260.0% $182 / Sq Ft
06/25/2025 06/25/25 For Sale $175,000 -74.3% $254 / Sq Ft
06/25/2025 06/25/25 For Sale $680,000 -- $196 / 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 $1,755 $211,500 $61,300 $150,200
2022 $1,099 $100,900 $20,000 $80,900
2021 $974 $100,900 $20,000 $80,900
2020 $1,081 $100,900 $20,000 $80,900
2019 $1,065 $100,900 $20,000 $80,900
2018 $401 $30,600 $9,000 $21,600
2017 $396 $30,600 $9,000 $21,600
2016 $274 $17,000 $9,000 $8,000
2015 $262 $17,000 $9,000 $8,000
2014 $454 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4272228

Canopy MLS (Canopy Realtor® Association)

APN: 069-063-07