2523 Cranbrook Ln Unit 10 Charlotte, NC 28207
Elizabeth NeighborhoodEstimated Value: $657,518 - $819,000
5
Beds
3
Baths
2,464
Sq Ft
$310/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Cottage
- Fireplace
- Myers Park High Rated A
About This Home
As of July 2020Fabulous investment property opportunity in popular Elizabeth! LEFT SIDE IS VACANT so that side may be shown easily, other units require 24 hour notice. Three separate units; two downstairs with front porches and two bedrooms/one bath each; one studio apartment upstairs. Downstairs units have lovely hardwood floors, arched doorways and nine foot ceilings, as well as fridge, range and washer/dryer. Upstairs unit has a side entrance, studio style living area, European washer/dryer unit and kitchen with range/oven, fridge and microwave. Newer roof, freshly landscaped, and plenty of parking out front. Convenient to uptown, hospitals, Eastover and Elizabeth restaurants and nightlife, as well as the airport. Reliable income producer with loads of potential. Please wear masks, booties and gloves when visiting the occupied units.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1935
Lot Details
- 9,148
Home Design
- Triplex
- Cottage
Interior Spaces
- 3 Full Bathrooms
- Fireplace
- Oven
Flooring
- Wood
- Tile
Listing and Financial Details
- Tenant pays for all utilities, cable, electricity, water
- Rent includes exterior maintenance
- Assessor Parcel Number 127-114-07
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 2, 2020
Closed on
Jul 30, 2020
Sold by
Moseley Grady B and Moseley Kim L
Bought by
Willow Wood Properties Llc
Seller's Agent
Lisa Warren
Cottingham Chalk
Buyer's Agent
Brandon Lawn
Brandon Lawn Real Estate LLC
List Price
$499,000
Sold Price
$460,000
Premium/Discount to List
-$39,000
-7.82%
Total Days on Market
78
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,839
Avg. Annual Appreciation
12.68%
Purchase Details
Closed on
May 16, 2013
Sold by
Scharf Charlene S
Bought by
Moseley Grady B and Moseley Kim L
Purchase Details
Closed on
May 29, 1992
Bought by
Scharf Charlene S
Similar Homes in Charlotte, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Willow Wood Properties Llc | $460,000 | None Available | |
| Moseley Grady B | $210,000 | None Available | |
| Scharf Charlene S | $81,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Scharf Charlene S | $204,000 | |
| Previous Owner | Scharf Charlene S | $169,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2020 07/30/20 | Sold | $460,000 | -1.9% | $187 / Sq Ft |
| 06/19/2020 06/19/20 | Pending | -- | -- | -- |
| 06/11/2020 06/11/20 | Price Changed | $469,000 | -6.0% | $190 / Sq Ft |
| 06/08/2020 06/08/20 | For Sale | $499,000 | 0.0% | $203 / Sq Ft |
| 05/17/2020 05/17/20 | Pending | -- | -- | -- |
| 05/14/2020 05/14/20 | Price Changed | $499,000 | -2.0% | $203 / Sq Ft |
| 04/02/2020 04/02/20 | For Sale | $509,000 | -- | $207 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $5,485 | $722,700 | $550,000 | $172,700 |
| 2022 | $5,095 | $528,000 | $410,000 | $118,000 |
| 2021 | $5,349 | $530,600 | $410,000 | $120,600 |
| 2020 | $5,120 | $530,600 | $410,000 | $120,600 |
| 2019 | $5,303 | $530,600 | $410,000 | $120,600 |
| 2018 | $3,722 | $272,500 | $195,000 | $77,500 |
| 2017 | $3,653 | $272,500 | $195,000 | $77,500 |
| 2016 | $3,634 | $272,500 | $195,000 | $77,500 |
| 2015 | $3,611 | $272,500 | $195,000 | $77,500 |
| 2014 | $3,578 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Warren
Seller's Agent in 2020
Lisa Warren
Cottingham Chalk
(704) 806-1147
5 in this area
176 Total Sales
-
Brandon Lawn
Buyer's Agent in 2020
Brandon Lawn
Brandon Lawn Real Estate LLC
(704) 904-3820
10 in this area
165 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3608891
APN: 127-114-07
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