NOT LISTED FOR SALE

241 Orchard Trace Ln Unit 4 Charlotte, NC 28213

Hidden Valley Neighborhood

Estimated Value: $91,000 - $201,995

1 Bed
1 Bath
612 Sq Ft
$220/mo HOA Fee

Last Sold September 05, 2023

Last sale price $97,500 $159 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $958/month

32 Days on Market

Highlights

  • Tile Flooring
  • Four Sided Brick Exterior Elevation
  • Central Air

About This Home

As of September 2023

This move-in-ready, one-bedroom condo is perfect for those seeking an owner-occupied home or an excellent investment opportunity. Nestled in a prime location, this condo offers both convenience and comfort, making it an ideal choice for any buyer.

Don't miss your chance to own this exceptional one-bedroom condo. Whether you're looking for a place to call home or an investment property with incredible potential, this unit has it all.

For investors, this condo presents a fantastic opportunity to generate passive income. The desirable location and strong rental market make it an attractive choice for tenants.

Schedule a viewing today and prepare to be impressed by all that it has to offer! The unit is all electric. The HOA pays for water /sewer.

Last Agent to Sell the Property

Ivory Barber

EXP Realty LLC Ballantyne License #314896 Listed on: 07/07/2023

EXP Realty LLC Ballantyne

Last Buyer's Agent

Yassine Dahbi

Keller Williams Ballantyne Area License #294067

Keller Williams Ballantyne Area

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $503

Year Built

  • Built in 1974

Lot Details

  • 7

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Tile Flooring

Kitchen

  • <<OvenToken>>
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Greenway Realty Association
  • Orchard Trace Condos
  • Orchard Trace Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 08925177

Property Details

Home Type

Condominium

Est. Annual Taxes

$503

Year Built

Built in 1974

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1974
  • Road Surface Type: Asphalt
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 159.31
  • Property Sub Type Additional: N/A
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Flooring: Tile
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 612
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 612
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 612
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Water Heater, Oven, Refrigerator
  • Above Grade Finished Sq Ft: 612
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 612
  • Bedroom Main: 1
  • Room Count: 4
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: Tennis Court(s)
  • New Construction: No
  • Roof: Flat
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Brick Full

Garage/Parking

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

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Common Area
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 220.41
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Orchard Trace
  • Senior Community: No
  • Association Name: Greenway Realty
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 2644.92

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Parcel Number: 08925177
  • Zoning: R17MF
  • Land Included Yn: 0
  • Zoning Specification: R17MF

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Sep 1, 2023
Sold by
Orchard Trace Property Holdings Llc
Bought by
Oukil Ismail
Seller's Agent
Ivory Barber
EXP Realty LLC Ballantyne
Buyer's Agent
Yassine Dahbi
Keller Williams Ballantyne Area
List Price
$108,000
Sold Price
$97,500
Premium/Discount to List
-$10,500
-9.72%
Views
548
Current Estimated Value
$125,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,499
Avg. Annual Appreciation
13.09%

Purchase Details

Closed on
Jun 13, 2018
Sold by
Ramirez Alvaro
Bought by
Orchard Trace Property Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,900
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 24, 2005
Sold by
Carmark Investments Llc
Bought by
Ramirez Alvaro
Source: Public Records

Range of Values:

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Average Value
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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
Oukil Ismail $195 None Listed On Document
Orchard Trace Property Holdings Llc $461,500 None Available
Ramirez Alvaro $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orchard Trace Property Holdings Llc $345,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2023 09/05/23 Sold $97,500 -9.7% $159 / Sq Ft
07/07/2023 07/07/23 For Sale $108,000 -- $176 / 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 $503 $78,282 $0 $78,282
2022 $503 $39,100 $0 $39,100
2021 $492 $39,100 $0 $39,100
2020 $484 $39,100 $0 $39,100
2019 $469 $39,100 $0 $39,100
2018 $416 $26,100 $4,500 $21,600
2017 $401 $26,100 $4,500 $21,600
2016 $391 $26,100 $4,500 $21,600
2015 $380 $26,100 $4,500 $21,600
2014 $374 $26,100 $4,500 $21,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4046445

Canopy MLS (Canopy Realtor® Association)

APN: 089-251-77