$620,000
SOLD DEC 6, 2024
1 Bed
1 Bath
1,928 Sq Ft
$536/mo HOA Fee

Recently Sold

$322 Per Sq Ft

11% Below List Price

253 Days on Market

Highlights

  • 1-Story Property
  • 3-minute walk to Bland Street
  • Central Heating and Cooling System
  • Dilworth Elementary School: Latta Campus Rated A-
  • Four Sided Brick Exterior Elevation
  • 1 Car Garage

About This Home

As of December 2024

Welcome to the epitome of urban living at the Historic Lance Building Factory South, situated in the vibrant heart of South End. Boasting an ideal location, this residence provides swift access to the dynamic energy of Uptown, placing you within walking distance of renowned restaurants, stadiums, spectacular shops, and local galleries. Convenience extends even further with proximity to the airport, ensuring your travels are effortless.
Embrace a unique opportunity to own a piece of Charlotte's rich history while indulging in contemporary luxury. The Lance Building Factory South seamlessly combines historical charm with modern amenities, offering a lifestyle that you truly deserve. Immerse yourself in the fusion of the past and present, and make this extraordinary residence your urban sanctuary. Welcome home to a perfect blend of Charlotte's captivating history and the pinnacle of modern living.

Last Agent to Sell the Property

Victoria Speer

Coldwell Banker Realty Brokerage Email: victoria@MillionDollarListingQueen.com License #251556 Listed on: 12/20/2023

Coldwell Banker Realty

Last Buyer's Agent

Perry Silver

Dickens Mitchener & Associates Inc License #338151

Dickens Mitchener & Associates Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,440

Year Built

  • Built in 1920

HOA Fees

  • $536 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 1 Assigned Parking Space

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,928 Sq Ft Home
  • 1-Story Property
  • Wired For Data
  • Electric Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • First Service Residential Association
  • Factory South Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 123-037-61

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,440

Year Built

Built in 1920

Lot Details

0

HOA Fees

$536 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1920
  • Restrictions: Architectural Review,Building,Use
  • Road Surface Type: Other, Concrete
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 321.58
  • Property Sub Type Additional: Live/Work,Loft
  • Geocode Confidence: High
  • Attribution Contact: victoria@MillionDollarListingQueen.com
  • Special Features: None

Interior Features

  • Foundation Details: None
  • Entry Level: 3
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1928
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Range
  • Above Grade Finished Sq Ft: 1928
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 1928
  • Bedroom Main: 1
  • Room Count: 5

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Full, Glass

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Assigned
  • Assigned Spaces: 1

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup
  • Cooling: Central Air
  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 535.68
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: First Service Residential
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 6428.16

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Parcel Number: 123-037-61
  • Zoning: UMUD
  • Land Included Yn: 0
  • Zoning Specification: UMUD

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2023
Closed on
Dec 6, 2024
Sold by
Gitomer Offices Llc
Bought by
Emmons Priscilla Anthony and Emmons Michael Neal
Seller's Agent
Victoria Speer
Coldwell Banker Realty
Buyer's Agent
Perry Silver
Dickens Mitchener & Associates Inc
List Price
$699,900
Sold Price
$620,000
Premium/Discount to List
-$79,900
-11.42%
Views
120
Current Estimated Value
$662,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,109
Avg. Annual Appreciation
2.62%
Original Mortgage
$558,000
Outstanding Balance
$555,981
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$75,816

Purchase Details

Closed on
Mar 13, 2008
Sold by
Gitomer Jeffrey H
Bought by
Gitomer Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$654,418
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2006
Sold by
Gitomer Teresa J
Bought by
Gitomer Jeffrey H

Purchase Details

Closed on
Sep 29, 2000
Sold by
Senovich Dennis J
Bought by
Gitomer Jeffrey H and Gitomer Teresa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $620,000 Liberty Premier Title
Warranty Deed -- Investors
Interfamily Deed Transfer -- Chicago Title Insurance Co
Warranty Deed $235,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $558,000 New Conventional
Previous Owner $654,418 VA
Previous Owner $654,418 Purchase Money Mortgage
Previous Owner $211,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2024 12/06/24 Sold $620,000 -11.4% $322 / Sq Ft
08/16/2024 08/16/24 Price Changed $699,900 0.0% $363 / Sq Ft
08/16/2024 08/16/24 For Sale $699,900 +12.9% $363 / Sq Ft
07/10/2024 07/10/24 Off Market $620,000 -- --
06/05/2024 06/05/24 Price Changed $799,000 -15.8% $414 / Sq Ft
02/02/2024 02/02/24 Price Changed $949,000 -5.0% $492 / Sq Ft
12/20/2023 12/20/23 For Sale $999,000 -- $518 / 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
2024 $5,440 $673,233 -- $673,233
2023 $5,266 $673,233 $0 $673,233
2022 $4,246 $410,400 $0 $410,400
2021 $4,235 $410,400 $0 $410,400
2020 $4,228 $410,400 $0 $410,400
2019 $4,212 $410,400 $0 $410,400
2018 $2,914 $206,000 $50,000 $156,000
2017 $2,867 $206,000 $50,000 $156,000
2016 $2,858 $206,000 $50,000 $156,000
2015 $2,846 $206,000 $50,000 $156,000
2014 $2,822 $206,000 $50,000 $156,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4095469

Canopy MLS (Canopy Realtor® Association)

APN: 123-037-61