NOT LISTED FOR SALE

Estimated Value: $606,791 - $714,000

1 Bed
1 Bath
1,527 Sq Ft
$306/mo HOA Fee

Last Sold June 20, 2024

Last sale price $625,000 $409 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,196/month

19 Days on Market

Highlights

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

About This Home

As of June 2024

Rarely does an opportunity like this present itself – step into the epitome of urban living at the Lofts at Factory South. Nestled in the vibrant heart of Southend, this one-bedroom, one-bathroom condo epitomizes modern elegance. Boasting a seamlessly updated kitchen and bath, along with an additional den area and a separate storage unit, every detail of this residence exudes sophistication. Convenience is key, with the light rail, uptown Charlotte, and a plethora of Southend's finest amenities just steps away. Immerse yourself in the dynamic lifestyle of Charlotte's premier neighborhood, where culinary delights, entertainment, and culture await. Welcome home to a lifestyle of unparalleled luxury and convenience.

Last Agent to Sell the Property

Matthew Means

COMPASS Brokerage Email: matthew.means@compass.com License #247529 Listed on: 05/11/2024

COMPASS

Last Buyer's Agent

Lori Fuqua

Helen Adams Realty License #210631

Helen Adams Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1920

Lot Details

  • 2.88

HOA Fees

  • $306 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,527 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 123-037-81

Property Details

Home Type

Condominium

Year Built

Built in 1920

Lot Details

0

HOA Fees

$306 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1920
  • Road Surface Type: Other, Concrete
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 409.30
  • Geocode Confidence: High
  • Attribution Contact: matthew.means@compass.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: None
  • Entry Level: 4
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1527
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Plumbed For Ice Maker
  • Above Grade Finished Sq Ft: 1527
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 1527
  • Bedroom Main: 1
  • Room Count: 4

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

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 305.73
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: First Service Residential
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 3668.76

Schools

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

Lot Info

  • Parcel Number: 123-037-81
  • 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
May 11, 2024
Closed on
Jun 20, 2024
Sold by
Scrambled Egg Llc
Bought by
Marissa L Freedman Revocable Living Trust and Freedman
Seller's Agent
Matthew Means
COMPASS
Buyer's Agent
Lori Fuqua
Helen Adams Realty
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%
Views
15
Current Estimated Value
$650,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,198
Avg. Annual Appreciation
4.02%

Purchase Details

Closed on
Jun 15, 2023
Sold by
Desoto Amanda Davis and Desoto Ricardo
Bought by
Scrambled Egg Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2009
Sold by
Desoto Ricardo
Bought by
Davis Amanda B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,065
Interest Rate
5.19%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 15, 2008
Sold by
Barwick Vickey R and Barwick Joe
Bought by
Desoto Ii Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Marissa L Freedman Revocable Living Trust $625,000 Cardinal Title Center
Scrambled Egg Llc $600,000 None Listed On Document
Davis Amanda B $320,000 None Available
Desoto Ii Ricardo $295,000 Investors Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scrambled Egg Llc $400,000
Previous Owner Desoto Amanda D $220,000
Previous Owner Davis Amanda B $309,065
Previous Owner Desoto Ii Ricardo $265,500
Previous Owner Christensen Vickey R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Sold $625,000 -3.8% $409 / Sq Ft
05/11/2024 05/11/24 For Sale $650,000 0.0% $426 / Sq Ft
07/20/2012 07/20/12 Rented $2,000 0.0% --
07/20/2012 07/20/12 For Rent $2,000 -- --
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 -- $528,807 -- $528,807
2023 $4,166 $528,807 $0 $528,807
2022 $3,469 $333,000 $0 $333,000
2021 $3,458 $333,000 $0 $333,000
2020 $3,450 $333,000 $0 $333,000
2019 $3,435 $333,000 $0 $333,000
2018 $2,497 $175,800 $50,000 $125,800
2017 $2,456 $175,800 $50,000 $125,800
2016 $2,446 $175,800 $50,000 $125,800
2015 $2,435 $175,800 $50,000 $125,800
2014 $2,414 $175,800 $50,000 $125,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4135514

Canopy MLS (Canopy Realtor® Association)

APN: 123-037-81