NOT LISTED FOR SALE

Estimated Value: $431,224 - $699,000

1 Bed
1 Bath
1,338 Sq Ft
$218/mo HOA Fee

Last Sold August 20, 2019

Last sale price $370,000 $277 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,614/month

5 Days on Market

Highlights

  • Contemporary Architecture
  • 3-minute walk to Bland Street
  • End Unit
  • Dilworth Elementary School: Latta Campus Rated A-
  • Outdoor Kitchen
  • Storage Room

About This Home

As of August 2019

Southend loft in the heart of Dilworth, 4th floor end unit, oak hardwood flooring, 12' reclaimed wood ceilings, exposed beams and a wall of windows in historic Lance building. Brick accented walls give true urban feel to this open concept plan. Southern exposure adding infinite amount of natural light with view of courtyard. Included is outdoor patio with grill and dining area, gated garage with dedicated parking space #16. Outstanding walking accessibility to shopping, galleries, Spa, YMCA, restaurants, both stadiums and light rail-line to uptown Charlotte. Brookshire and 277 just blocks away for easy navigation around city. Sold with most furniture, few personal items to be removed. (Owner-Broker may 1031 tax free exchange property)

Last Agent to Sell the Property

Terri Mayhew

Southern Homes of the Carolinas, Inc License #67226 Listed on: 07/03/2019

Southern Homes of the Carolinas, Inc

Last Buyer's Agent

Frank Warren

Helen Adams Realty License #175217

Helen Adams Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1920

Lot Details

  • 2.88

HOA Fees

  • $218 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1 Full Bathroom
  • Storage Room

Additional Features

  • Outdoor Kitchen
  • End Unit

Community Details

  • Meca Association, Phone Number (704) 372-0005
  • High-Rise Condominium

Listing and Financial Details

  • Assessor Parcel Number 123-037-86

Property Details

Home Type

Condominium

Year Built

Built in 1920

Lot Details

0

HOA Fees

$218 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: High-Rise
  • Architectural Style: Contemporary
  • Ratio Close Price By List Price: 0.96104
  • Ratio Close Price By Original Li: 0.96104
  • Ratio Current Price By Sq Ft: 276.53
  • Unit Floor Level: 4
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Cable Prewire, Dishwasher, Electric Range, Ice Maker Connection, Microwave, Refrigerator, Electric Oven
  • H O A Management Phone: 704-372-0005
  • Interior Amenities: Elevator
  • Laundry Location: Closet
  • Room Count: 1
  • Sq Ft Additional: 30
  • Main Level Sq Ft: 1338
  • Total Sq Ft: 1338

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Elevator, Outdoor Kitchen, Storage Unit

Garage/Parking

  • Driveway: Concrete
  • Parking: Parking Garage, Parking Space - 1

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 217.65
  • Association Fee Frequency: Monthly
  • Complex Name: Factory South
  • HOA Management Company: Meca
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Land Included Yn: Yes
  • Lot Features: End Unit
  • Parcel Number: 123-037-86
  • Zoning Specification: UMUD

Tax Info

  • Tax Value: 159500.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2019
Closed on
Aug 20, 2019
Sold by
Mayhew Terri J
Bought by
Brown Jamie Lynn and Brown Gregory David
Seller's Agent
Terri Mayhew
Southern Homes of the Carolinas, Inc
Buyer's Agent
Frank Warren
Helen Adams Realty
List Price
$385,000
Sold Price
$370,000
Premium/Discount to List
-$15,000
-3.9%
Total Days on Market
5
Current Estimated Value
$560,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,556
Avg. Annual Appreciation
7.08%
Original Mortgage
$296,000
Outstanding Balance
$233,993
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$318,881
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
Brown Jamie Lynn $370,000 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Jamie Lynn $296,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2019 08/20/19 Sold $370,000 -3.9% $277 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
07/03/2019 07/03/19 For Sale $385,000 -- $288 / 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 $3,418 $430,587 $0 $430,587
2022 $3,031 $289,400 $0 $289,400
2021 $3,020 $289,400 $0 $289,400
2020 $3,013 $289,400 $0 $289,400
2019 $2,997 $289,400 $0 $289,400
2018 $2,273 $159,500 $50,000 $109,500
2017 $2,234 $159,500 $50,000 $109,500
2016 $2,225 $159,500 $50,000 $109,500
2015 $2,213 $159,500 $50,000 $109,500
2014 $2,194 $159,500 $50,000 $109,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3525695

Canopy MLS (Canopy Realtor® Association)

APN: 123-037-86