NOT LISTED FOR SALE

2502 Vail Ave Charlotte, NC 28207

Elizabeth Neighborhood

Estimated Value: $587,000 - $996,000

0.21 Acre
$3,947,148 Price per Acre
9,148 Sq Ft Lot

Sale Details

Date Sold: July 12, 2022

Last sale price $675,000 $548 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,929 / mo

87 Days on Market

About This Lot

As of July 2022

Beautiful Elizabeth easy access to Uptown. Great opportunity, new builds in the area are going in the $1,400,000+ price range. Can be purchased with adjoining parcel at 2500 Vail Ave MLS #3813242 to create perfect opportunity for multiple luxury duets to be built. **Please DO NOT WALK PROPERTY without permission.

Last Agent to Sell the Property

John Shaw

COMPASS License #276702 Listed on: 02/28/2022

COMPASS

Co-Listed By

Nancy Shaw

COMPASS License #274453

Last Buyer's Agent

Terri Coggin

Berkshire Hathaway HomeServices Carolinas Realty License #69976

Berkshire Hathaway HomeServices Carolinas Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • Possible uses of the property include Residential
  • Zoning described as R22MF

Community Details

  • College Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 127-114-24

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: Yes
  • Ratio Current Price By Acre: 3214285.71
  • Restrictions: No Representation
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Residential

Exterior Features

  • Tax Location: No City Taxes Paid

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 127-114-24
  • Out Buildings Yn: 1
  • Zoning Description: R22MF

Tax Info

  • RATIO List Price By Tax Amount: 1.56142

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2022
Sold by
Bought by
Current Estimated Value
$828,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$475,103
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$353,798

Purchase Details

Listed on
Feb 28, 2022
Closed on
Jul 11, 2022
Sold by
Bought by
Seller's Agent
John Shaw
COMPASS
Buyer's Agent
Terri Coggin
Berkshire Hathaway HomeServices Carolinas Realty
List Price
$675,000
Sold Price
$675,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%

Purchase Details

Closed on
Sep 28, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,600
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 21, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,700
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 15, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 25, 2002
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Elizabeth, NC

  • Rob Bilbro Real Estate Agent - EXP Realty LLC Ballantyne

    Rob Bilbro

    EXP Realty LLC Ballantyne

    (980) 276-2339

    95 Total Sales

    2 in Elizabeth

    $335K - $1M Price Range

    Rob Bilbro
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  • Joseph McMurry Real Estate Agent - EXP Realty LLC Ballantyne

    Joseph McMurry

    EXP Realty LLC Ballantyne

    (980) 351-1495

    156 Total Sales

    1 in Elizabeth

    $211,000 Price

    Joseph McMurry
     Section Image
  • Jessica Rodriguez Real Estate Agent - COMPASS

    Jessica Rodriguez

    COMPASS

    (704) 741-3698

    89 Total Sales

    1 in Elizabeth

    $269,000 Price

    Jessica Rodriguez
     Section Image
  • Greg Martin Real Estate Agent - MartinGroup Properties Inc

    Greg Martin

    Responds Quickly

    MartinGroup Properties Inc

    (980) 600-2597

    555 Total Sales

    1 in Elizabeth

    $270,000 Price

    Greg Martin
     Section Image
  • Nitin Aggarwal Real Estate Agent - Nitro Realty Group LLC

    Nitin Aggarwal

    Nitro Realty Group LLC

    (980) 888-8393

    71 Total Sales

    2 in Elizabeth

    $299K - $328K Price Range

    Nitin Aggarwal
     Section Image
  • Karen DeSilva Real Estate Agent - Highgarden Real Estate

    Karen DeSilva

    Highgarden Real Estate

    (704) 387-3704

    15 Total Sales

    1 in Elizabeth

    $311,000 Price

    Karen DeSilva
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$675,000 --
$675,000 Jaffa Brooks F
$307,000 Attorney
$273,000 None Available
$250,000 --
$115,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $500,000
Previous Owner $245,600
Previous Owner $245,700
Previous Owner $236,000
Previous Owner $225,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/12/2022 07/12/22 Sold $675,000 0.0% $548 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
02/28/2022 02/28/22 For Sale $675,000 -- $548 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,585 $585,200 $550,000 $35,200
2024 $4,585 $585,200 $550,000 $35,200
2023 $4,432 $585,200 $550,000 $35,200
2022 $4,297 $432,300 $410,000 $22,300
2021 $4,286 $432,300 $410,000 $22,300
2020 $4,279 $432,300 $410,000 $22,300
2019 $4,263 $493,400 $410,000 $83,400
2018 $3,945 $295,100 $195,000 $100,100
2017 $3,883 $295,100 $195,000 $100,100
2016 $3,873 $295,100 $195,000 $100,100
2015 $3,862 $295,100 $195,000 $100,100
2014 $3,852 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Shaw Real Estate Agent - COMPASS

    Seller's Agent in 2022

    John Shaw

    COMPASS

    (954) 599-6634

    2 in this area

    53 Total Sales

    John Shaw
    Section Image
  • Nancy Shaw Real Estate Agent - COMPASS

    Seller Co-Listing Agent in 2022

    Nancy Shaw

    COMPASS

    (980) 288-1058

    2 in this area

    30 Total Sales

    Nancy Shaw
    Section Image
  • Terri Coggin Real Estate Agent - Berkshire Hathaway HomeServices Carolinas Realty

    Buyer's Agent in 2022

    Terri Coggin

    Berkshire Hathaway HomeServices Carolinas Realty

    (704) 562-4705

    3 in this area

    27 Total Sales

    Terri Coggin
    Section Image
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Map

Source: Canopy MLS

MLS Number: 3833876

Canopy MLS

APN: 127-114-24

North Carolina Mecklenburg County Charlotte 28204 Elizabeth

2502 Vail Ave, Charlotte, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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