2937 Commonwealth Ave Charlotte, NC 28205
Commonwealth Park NeighborhoodEstimated payment $6,062/month
About This Lot
Rare infill development opportunity on Commonwealth Avenue, one of Charlotte's most desirable and fast-appreciating corridors. This ±0.57-acre site sits directly beside an existing apartment community and among established townhomes, making it a strong candidate for rezoning to a higher-density residential use such as townhomes. Currently zoned N1-D and bordered by Neighborhood 2 (N2) on the side and rear, the property is ideally positioned for a townhome redevelopment, both today and under the Charlotte 2040 plan.
City water and sewer are available at the Commonwealth Avenue frontage, with ±100 ft of frontage and an existing curb cut for site access. Located within roughly 10 minutes of Uptown, NoDa, South End, and the Uptown sports and entertainment district (Panthers, Knights, and Hornets), with quick connections to Central Avenue, The Plaza, and Independence Boulevard.
Sold for land value. Cooperative seller willing to work with a builder through the process. Buildable area, unit yield, and entitlements subject to confirmation by the buyer's engineer and the City of Charlotte. Bring your builders and investors.
Listing Agent
Coldwell Banker Realty Brokerage Email: Patrick@CBCNRT.om License #233487
Property Details
Property Type
- Land
Lot Details
- 24,960 Sq Ft Lot
- Lot Dimensions are 100' x 250'
- Possible uses of the property include Multi-Family, Residential
- Property is zoned N1-D
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 129-081-03
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,691 | $328,100 | $250,000 | $78,100 |
| 2024 | $2,638 | $328,100 | $250,000 | $78,100 |
| 2023 | $2,042 | $351,000 | $250,000 | $101,000 |
| 2022 | $2,042 | $198,600 | $140,000 | $58,600 |
| 2021 | $1,073 | $198,600 | $140,000 | $58,600 |
| 2020 | $1,065 | $198,600 | $140,000 | $58,600 |
| 2019 | $1,050 | $198,600 | $140,000 | $58,600 |
| 2018 | $790 | $109,200 | $64,000 | $45,200 |
| 2017 | $770 | $109,200 | $64,000 | $45,200 |
| 2016 | $760 | $109,200 | $64,000 | $45,200 |
| 2015 | $749 | $109,200 | $64,000 | $45,200 |
| 2014 | $871 | $125,900 | $64,000 | $61,900 |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $185,000 | South City Title Company | |
| Warranty Deed | $78,200 | None Available |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $165,000 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $78,200 | Seller Take Back |
Source: Canopy MLS
MLS Number: 4420028
APN: 129-081-03
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Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.