NOT LISTED FOR SALE

2622/2620 Fleming St Unit L1 BB Charlotte, NC 28208

Reid Park Neighborhood

Estimated Value: $237,000 - $321,000

12 Beds
7 Baths
5,299 Sq Ft
$50/Sq Ft Est. Value

Last Sold July 19, 2017

Last sale price $305,000 $58 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,821/month

352 Days on Market

About This Home

As of July 2017

Investor special- Turnkey properties- 1 duplex and 3 single families including 1 condo on the water. 1 unit currently being renovated with applications in hand. All others are rented. Do not disturb tenants. No signs. No showings until due diligence period, as hard to keep rented when multiple folks are walking through homes. Sold together. Contact listing agent for pro forma financials.

Last Agent to Sell the Property

Justin Francis

Keller Williams Ballantyne Area License #290196 Listed on: 07/05/2016

Keller Williams Ballantyne Area

Last Buyer's Agent

Samuel Nueman

Nueman Real Estate Inc License #250986

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 0.95

Bedrooms and Bathrooms

  • 7 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 145-221-05

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Fiveplex
  • Ratio Close Price By List Price: 0.93846
  • Ratio Close Price By Original Li: 0.93846
  • Ratio Current Price By Acre: 321052.63
  • Ratio Current Price By Sq Ft: 57.56
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Full Bathrooms: 7
  • Total Bedrooms: 12
  • Total Sq Ft: 5299

Exterior Features

  • Construction: Brick Partial
  • Publically Maintained Road: Yes

Garage/Parking

  • Parking: Driveway

Utilities

  • Sewer: City Sewer
  • Water: City Water

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Size Area: 0.950
  • Parcel Number: 145-221-05
  • Zoning Specification: R4

Tax Info

  • Tax Value: 309300.00
  • Tax Location: Charlotte

Multi Family

  • Number Of Units Total: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2016
Closed on
Jul 18, 2017
Sold by
Adugna Girma
Bought by
Merhawi Kubron and Isaac Dawit
Seller's Agent
Justin Francis
Keller Williams Ballantyne Area
Buyer's Agent
Samuel Nueman
Nueman Real Estate Inc
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%
Current Estimated Value
$302,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,667
Avg. Annual Appreciation
0.04%

Purchase Details

Closed on
Apr 8, 2013
Sold by
Adugna Girma and Manaye Ami
Bought by
Adugna Girma

Purchase Details

Closed on
Apr 26, 2011
Sold by
The Bank Of New York Mellon
Bought by
Adugna Girma and Manaye Ami

Purchase Details

Closed on
Oct 21, 2010
Sold by
Pabian Maureen
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jan 23, 2006
Sold by
Liang Henry H and Kolubinskyi Timothy
Bought by
Pabian Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,700
Interest Rate
6.21%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 31, 2004
Sold by
Tucker Marguerite M
Bought by
Liang Henry H and Liang Jessie Chia Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,400
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2002
Sold by
Pride Harold S
Bought by
Tucker Marguerite M
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 Buyer Sale Price Title Company
Merhawi Kubron $119,000 None Available
Adugna Girma -- None Available
Adugna Girma $29,000 None Available
The Bank Of New York Mellon $45,000 None Available
Pabian Maureen $98,000 None Available
Liang Henry H $93,000 --
Tucker Marguerite M $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pabian Maureen $14,700
Previous Owner Liang Henry H $74,400
Previous Owner Tucker Marguerite $54,600
Closed Liang Henry H $13,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2017 07/19/17 Sold $305,000 -6.2% $58 / Sq Ft
06/22/2017 06/22/17 Pending -- -- --
07/05/2016 07/05/16 For Sale $325,000 -- $61 / 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 $1,811 $209,000 $72,000 $137,000
2022 $1,441 $123,300 $18,800 $104,500
2021 $1,419 $123,300 $18,800 $104,500
2020 $1,404 $123,300 $18,800 $104,500
2019 $1,373 $123,300 $18,800 $104,500
2018 $1,645 $114,200 $28,500 $85,700
2017 $1,604 $114,200 $28,500 $85,700
2016 $1,585 $114,200 $28,500 $85,700
2015 -- $114,200 $28,500 $85,700
2014 $1,545 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3193851

Canopy MLS (Canopy Realtor® Association)

APN: 145-221-05