NOT LISTED FOR SALE

2425 Vail Ave Unit A22 Charlotte, NC 28207

Elizabeth Neighborhood

Estimated Value: $272,000 - $294,468

2 Beds
1 Bath
761 Sq Ft
$295/mo HOA Fee

Last Sold August 18, 2022

Last sale price $245,000 $322 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,964/month

26 Days on Market

Highlights

  • Fitness Center
  • Wood Flooring
  • Walk-In Closet
  • Myers Park High Rated A
  • Community Pool
  • Breakfast Bar

About This Home

As of August 2022

Lovely, move-in ready, two bedroom condo tucked away on a tree-lined street in the highly sought after Grove community in the heart of Elizabeth - located minutes from Uptown, NoDa, and South End! Kitchen features granite countertops, mosaic tile backsplash, stainless steel appliances, window over kitchen sink, and breakfast bar w/ seating. Double doors in the living room lead to a private balcony overlooking beautiful mature trees and landscaping. Deep, oversized coat closet, hall closet, and primary bedroom walk-in closet, along with laundry closet offer fantastic storage! Located at the back of the community, the unit is private and secluded - sharing an entrance with only one other unit. Community features private pool, fitness center, community center with rooftop terrace, and plenty of off street parking!

Last Agent to Sell the Property

Noah Goldberg

COMPASS License #326722 Listed on: 07/22/2022

COMPASS

Last Buyer's Agent

Dean Hagey

EXP Realty LLC Ballantyne License #175606

EXP Realty LLC Ballantyne

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,999

Year Built

  • Built in 1948

Lot Details

  • 6.22

HOA Fees

  • $295 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 761 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Schools

  • Eastover Elementary School
  • Sedgefield Middle School
  • Myers Park High School

Utilities

  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 127-115-23

Community Details

Overview

  • The Grove Condos
  • Elizabeth Subdivision
  • Mandatory home owners association

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,999

Year Built

Built in 1948

Lot Details

0

HOA Fees

$295 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1948
  • Unit Floor Level: 1
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 321.94
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Hardwood, Tile
  • Interior Amenities: Breakfast Bar, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 761
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Ceiling Fan(s), Dishwasher, Microwave, Oven, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 761
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Tax Location: Charlotte
  • Construction Type: Site Built
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Other

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fitness Center, Outdoor Pool
  • Association Fee: 295
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: The Grove
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Sedgefield
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 3540.00

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 127-115-23
  • Land Included Yn: 0
  • Zoning Description: R22MF
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.42691

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Eastover
  • High School: Myers Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2022
Closed on
Aug 18, 2022
Sold by
Il Genge Ronuk
Bought by
Holmes Danny and Holmes Stafany
Seller's Agent
Noah Goldberg
COMPASS
Buyer's Agent
Dean Hagey
EXP Realty LLC Ballantyne
List Price
$245,000
Sold Price
$245,000
Views
7
Current Estimated Value
$286,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,367
Avg. Annual Appreciation
5.01%

Purchase Details

Listed on
May 12, 2021
Closed on
Jun 18, 2021
Sold by
Mulhare Michael J and Mulhare Cynthia A
Bought by
Genge Ronuk R and Archibald Jessica L
Seller's Agent
Jill Miller
Helen Adams Realty
Buyer's Agent
Beth Williams
Realty ONE Group Select
List Price
$215,000
Sold Price
$217,500
Premium/Discount to List
$2,500
1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.71%
Original Mortgage
$195,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2018
Sold by
Hunter Elizabeth A and Persson Claes
Bought by
Mulhare Michael J and Mulhare Cynthia A

Purchase Details

Closed on
Jul 6, 2006
Sold by
The Grove In Elizabeth Llc
Bought by
Hunter Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,050
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
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
Holmes Danny $245,000 Blake Elizabeth K
Holmes Danny $245,000 Blake Elizabeth K
Genge Ronuk R $217,500 Barristers Title Services
Mulhare Michael J $168,000 None Available
Hunter Elizabeth A $161,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Genge Ronuk R $195,750
Previous Owner Hunter Elizabeth A $129,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2022 08/18/22 Sold $245,000 0.0% $322 / Sq Ft
07/22/2022 07/22/22 For Sale $245,000 +12.6% $322 / Sq Ft
06/18/2021 06/18/21 Sold $217,500 +1.2% $290 / Sq Ft View Prior Sale
05/16/2021 05/16/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $215,000 -- $286 / 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 $1,999 $243,680 -- $243,680
2024 $1,999 $243,680 -- $243,680
2023 $1,927 $243,680 $0 $243,680
2022 $1,657 $171,700 $0 $171,700
2021 $1,771 $171,700 $0 $171,700
2020 $1,657 $171,700 $0 $171,700
2019 $1,748 $171,700 $0 $171,700
2018 $1,934 $141,800 $65,000 $76,800
2017 $1,898 $141,800 $65,000 $76,800
2016 $1,889 $141,800 $65,000 $76,800
2015 $1,877 $141,800 $65,000 $76,800
2014 $1,860 $141,800 $65,000 $76,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3886058

Canopy MLS (Canopy Realtor® Association)

APN: 127-115-23