NOT LISTED FOR SALE

306 Orchard Trace Ln Unit 8 Charlotte, NC 28213

Hidden Valley Neighborhood

Estimated Value: $98,000 - $109,000

1 Bed
1 Bath
598 Sq Ft
$172/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $80,000 $134 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $619/month

About This Home

As of December 2021

Upper level 1 bedroom condo ready for Move-In! This home features neutral paint, wood like flooring throughout the whole house. Enjoy no carpeting! Galley style kitchen with white cabinets and stainless steel appliances. Dining Area with ceiling fan. Exterior storage closet and private balcony area. Building features secured entrance. Common laundry facility. Close proximity to 85, Light Rail Station, UNC-Charlotte, and medical facilities. Enjoy the close distance to restaurants and shopping the University area has to offer. Contact us for a viewing today!

Last Agent to Rent the Property

Mike Maniace

Carolina Residential Group LLC License #259918 Listed on: 11/05/2021

Last Renter's Agent

Mike Maniace

Carolina Residential Group LLC License #259918 Listed on: 11/05/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $721

Year Built

  • Built in 1974

Bedrooms and Bathrooms

  • 1 Full Bathroom

Listing and Financial Details

  • Security Deposit $875
  • Tenant pays for all utilities
  • Available 11/5/21

Home Details

Home Type

Single Family

Est. Annual Taxes

$721

Year Built

Built in 1974

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities
  • Available Date: 11/05/2021
  • Pet Deposit: 300
  • Deposit Security: 875
  • Pets Allowed: Conditional

Listing Details

  • Property Type: Rentals
  • Property Sub Type: Apartments
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.97222
  • Ratio Current Price By Sq Ft: 1.46
  • Unit Floor Level: 1
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Refrigerator
  • Laundry Location: Common Facility
  • Room Count: 1
  • Total Sq Ft: 598

Garage/Parking

  • Driveway: Asphalt
  • Parking: Lot

Utilities

  • Heating: Central Air, Heat Pump - Heat

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified
  • Middle Or Junior School: Unspecified

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2021
Closed on
Aug 25, 2021
Sold by
Equity Trust Company
Bought by
Mab Rentals Llc
Seller's Agent
Dave DeSilva
Keller Williams Ballantyne Area
Buyer's Agent
Jessica Sinski
Carolina Residential Group LLC
Sold Price
$80,000
Current Estimated Value
$102,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,000
Avg. Annual Appreciation
7.94%
Original Mortgage
$448,500
Outstanding Balance
$412,524
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
-$304,524
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
Mab Rentals Llc $610,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mab Rentals Llc $448,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2021 12/02/21 Rented $875 0.0% --
12/02/2021 12/02/21 Price Changed $875 -2.8% $1 / Sq Ft
11/05/2021 11/05/21 For Rent $900 0.0% --
09/10/2021 09/10/21 Sold $80,000 -- $133 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
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 $721 $79,325 $0 $79,325
2022 $499 $38,700 $0 $38,700
2021 $488 $38,700 $0 $38,700
2020 $481 $38,700 $0 $38,700
2019 $465 $38,700 $0 $38,700
2018 $416 $26,100 $4,500 $21,600
2017 $401 $26,100 $4,500 $21,600
2016 $391 $26,100 $4,500 $21,600
2015 $380 $26,100 $4,500 $21,600
2014 $374 $26,100 $4,500 $21,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3803691

Canopy MLS (Canopy Realtor® Association)

APN: 089-253-68