NOT LISTED FOR SALE

Estimated Value: $141,000 - $286,000

2 Beds
1.5 Baths
1,011 Sq Ft
$365/mo HOA Fee

Last Sold July 22, 2022

Last sale price $150,000 $148 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,756/month

29 Days on Market

Highlights

  • In Ground Pool
  • Traditional Architecture
  • Tile Flooring
  • Myers Park High Rated A
  • Laundry Room
  • Central Heating

About This Home

As of July 2022

Here's a great opportunity to own a 2-bedroom condo in South Charlotte for well below the average price in South Charlotte. This one story, first floor condo is ready for a new owner to provide their own personal touch. This condo has 2 large bedrooms with a full bath and half bath. The community has a pool and plenty of open space.

Last Agent to Sell the Property

Frank Turner

Allen Tate SouthPark License #289063 Listed on: 06/22/2022

Allen Tate SouthPark

Last Buyer's Agent

Bob Bunzey

ERA Live Moore License #266158

ERA Live Moore

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,741

Year Built

  • Built in 1964

Lot Details

  • 2

HOA Fees

  • $365 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • 1,011 Sq Ft Home
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Billingsville/Cotswold Elementary School
  • Alexander Graham Middle School
  • Myers Park High School

Utilities

  • Central Heating
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Laundry Room
  • In Ground Pool

Listing and Financial Details

  • Assessor Parcel Number 185-015-18

Community Details

Overview

  • Community Association Managment Association, Phone Number (704) 731-5560
  • Tropicana Condos
  • Mandatory home owners association

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,741

Year Built

Built in 1964

Lot Details

0

HOA Fees

$365 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Year Built: 1964
  • Restrictions: N/A
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Unit Floor Level: 1
  • Road Surface Type: Asphalt
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Carpet, Tile, Vinyl
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1011
  • 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: 0
  • Appliances: Dishwasher, Electric Range, Natural Gas
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1011
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Exterior Features: In Ground Pool
  • New Construction: No
  • Roof: Composition
  • Construction Status: Complete
  • Tax Location: Charlotte
  • Construction Type: Site Built
  • Waterfront Elevation: 1000
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Community Features: Outdoor Pool
  • Association Fee: 365.07
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Tropicana
  • Association Name: Community Association Managment
  • Phone: 704-731-5560
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Alexander Graham
  • HOA Subject To: Required

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 185-015-18
  • Land Included Yn: 0
  • Lot Size: 0
  • Zoning Description: R17MF

Rental Info

  • Pets Allowed: Conditional

Tax Info

  • RATIO List Price By Tax Amount: 2.29358

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Billingsville/Cotswold
  • High School: Myers Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2022
Closed on
Jul 22, 2022
Sold by
Paul Oliver Garry
Bought by
Mcgaha Robert K and Mcgaha Laura M
Seller's Agent
Frank Turner
Allen Tate SouthPark
Buyer's Agent
Bob Bunzey
ERA Live Moore
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$224,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,518
Avg. Annual Appreciation
14.76%
Original Mortgage
$120,000
Outstanding Balance
$115,267
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$109,251
Source: Public Records

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Range of Values:

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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
Mcgaha Robert K $150,000 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgaha Robert K $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $150,000 0.0% $148 / Sq Ft
06/22/2022 06/22/22 For Sale $150,000 -- $148 / 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 $1,741 $171,844 $0 $171,844
2022 $757 $65,400 $0 $65,400
2021 $746 $65,400 $0 $65,400
2020 $738 $65,400 $0 $65,400
2019 $723 $65,400 $0 $65,400
2018 $1,329 $95,700 $28,800 $66,900
2017 $1,302 $95,700 $28,800 $66,900
2016 $1,292 $95,700 $28,800 $66,900
2015 $1,281 $95,700 $28,800 $66,900
2014 $1,268 $95,700 $28,800 $66,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3875080

Canopy MLS (Canopy Realtor® Association)

APN: 185-015-18