NOT LISTED FOR SALE

Estimated Value: $2,411,000 - $3,816,000

5 Beds
5 Baths
5,253 Sq Ft
$605/Sq Ft Est. Value

Last Sold June 06, 2022

Last sale price $2,350,000 $447 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $18,038/month

47 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Covered Patio or Porch
  • Myers Park High Rated A
  • Wine Refrigerator
  • Detached Garage

About This Home

As of June 2022

Winner of the 2003 Preservation Award by Myers Park Homeowners Association for additions to an existing home, the enduring charm and essential character of this exceptional Dutch Colonial compel you to feel at home. This significant piece of Myers Park real estate is neighbor of Edgehill Park, the Duke Mansion, and Little Church on the Lane. Built in 1930, the owners spent two years in research with architect Don Duffy to bring forth the vision of the two story addition completed in 2003. Completed by Craftsman Construction, the addition ties seamlessly into the original home and includes the kitchen, breakfast room, laundry/mud room, den, and master suite on second floor. The layered gardens have long been a focal point for passersby offering whimsy and nature at its finest, along with magical tales of barred owls, and heirloom varieties of Lenten roses. Explore all that 301 Hermitage Road has to offer to you and to the legacy of a true Southern and Charlotte home.

Last Agent to Sell the Property

Margaret Ford

COMPASS License #228980 Listed on: 03/30/2022

COMPASS

Last Buyer's Agent

Laurens Adams Threlkeld

Helen Adams Realty License #270345

Helen Adams Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • Corner Lot
  • Level Lot
  • Zoning described as R3

Parking

  • Detached Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • Built-In Features
  • Den with Fireplace
  • Wood Flooring
  • Laundry Room

Kitchen

  • Oven
  • Gas Cooktop
  • Warming Drawer
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating
  • Gas Water Heater

Community Details

  • Myers Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 155-044-01

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0.69 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1930
  • Ratio Current Price By Acre: 3455882.35
  • Road Surface Type: Asphalt, Concrete
  • Structure Type: Two Story/Basement
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Built Ins, Garden Tub, Kitchen Island, Walk-In Closet(s)
  • Fixture Exception Yn: 1
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2750
  • 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: 2111
  • Porch: Covered,Side
  • Fixture Exception Description: Breakfast room chandelier, 2 sconces in mudroom, Sconce at top of steps to basement, seller is transplanting some perennials from the gardens, dehumidifier, concrete stepping stones near carriage house and back porch
  • Appliances: Gas Cooktop, Dishwasher, Disposal, Oven, Refrigerator, Warming Drawer, Wine Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 392
  • Fireplace Features: Den
  • Living Area: 5253
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Tax Location: Charlotte
  • Construction Type: Site Built
  • Construction Type: Wood Siding

Garage/Parking

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

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level
  • Water Source: Public

Schools

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

Lot Info

  • Lot Features: Corner Lot, Level
  • Lot Size Units: Acres
  • Parcel Number: 155-044-01
  • Lot Size: .68
  • Zoning Description: R3

Tax Info

  • RATIO List Price By Tax Amount: 1.24208

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
Mar 30, 2022
Closed on
Jun 6, 2022
Sold by
Gaspari Michael M and Gaspari Marsha S
Bought by
Price Andrew Ryan and Price Candace
Seller's Agent
Margaret Ford
COMPASS
Buyer's Agent
Laurens Adams Threlkeld
Helen Adams Realty
List Price
$2,750,000
Sold Price
$2,350,000
Premium/Discount to List
-$400,000
-14.55%
Current Estimated Value
$3,179,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$829,598
Avg. Annual Appreciation
8.33%
Original Mortgage
$51,880,000
Outstanding Balance
$49,285,901
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
-$46,106,303

Purchase Details

Closed on
Jul 31, 1992
Bought by
Gaspari Michael M and Gaspari Marsha S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Price Andrew Ryan $2,350,000 Doyle & Wallace Pllc
Price Andrew Ryan $2,350,000 None Listed On Document
Gaspari Michael M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Price Andrew Ryan $51,880,000
Closed Price Andrew Ryan $51,880,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2022 06/06/22 Sold $2,350,000 -4.1% $447 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
04/25/2022 04/25/22 Price Changed $2,450,000 -10.9% $466 / Sq Ft
03/30/2022 03/30/22 For Sale $2,750,000 -- $524 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $17,926 $2,347,100 $1,475,000 $872,100
2024 $17,926 $2,347,100 $1,475,000 $872,100
2023 $17,355 $2,347,100 $1,475,000 $872,100
2022 $19,160 $1,972,500 $1,250,000 $722,500
2021 $19,149 $1,972,500 $1,250,000 $722,500
2020 $19,142 $1,972,500 $1,250,000 $722,500
2019 $19,126 $1,972,500 $1,250,000 $722,500
2018 $19,896 $1,511,000 $866,600 $644,400
2017 $19,621 $1,511,000 $866,600 $644,400
2016 $19,612 $1,511,000 $866,600 $644,400
2015 $19,600 $1,511,000 $866,600 $644,400
2014 $19,469 $1,511,000 $866,600 $644,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3824318

Canopy MLS (Canopy Realtor® Association)

APN: 155-044-01

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