NOT LISTED FOR SALE

310 Orchard Trace Ln Unit 5 Charlotte, NC 28213

Hidden Valley Neighborhood

Estimated Value: $95,000 - $148,526

1 Bed
1 Bath
612 Sq Ft
$220/mo HOA Fee

Last Sold October 05, 2023

Last sale price $103,000 $168 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $883/month

2 Days on Market

Highlights

  • Fireplace
  • Central Air
  • High-Rise Condominium
  • Four Sided Brick Exterior Elevation

About This Home

As of October 2023

A great investment opportunity awaits in the growing university area. Nice 1 Bedroom 1 Bathroom with a long-term tenant in place from 2012. Located on the second-floor condo with a balcony. The lease ends on 11/30/2023.

Just minutes away from UNC Charlotte. IKEA, Top Golf, and so much more. The Lynx Blue Line light rail is directly across the street. The unit is all electric. The HOA pays for water /sewer.

Last Agent to Sell the Property

Ivory Barber

EXP Realty LLC Ballantyne License #314896 Listed on: 08/16/2023

EXP Realty LLC Ballantyne

Last Buyer's Agent

Frank Coxx

NorthGroup Real Estate LLC License #231150

NorthGroup Real Estate LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $499

Year Built

  • Built in 1974

Lot Details

  • 0.6

HOA Fees

  • $220 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 612 Sq Ft Home
  • 2-Story Property
  • Fireplace

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Electric Water Heater

Community Details

  • Orchard Trace Owners Association, Phone Number (704) 940-0847
  • High-Rise Condominium
  • Orchard Trace Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 089-253-72

Property Details

Home Type

Condominium

Est. Annual Taxes

$499

Year Built

Built in 1974

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1974
  • Special Assessment Description: n/a
  • Proposed Special Assessment Desc: n/a
  • Road Surface Type: None
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 168.30
  • Property Sub Type Additional: High-Rise
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 2
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 612
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Above Grade Finished Sq Ft: 612
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 612
  • Bedroom Main: 1
  • Room Count: 4
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: Tennis Court(s)
  • New Construction: No
  • Roof: Flat
  • Construction Type: Site Built
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: None

Utilities

  • Heating: Electric
  • Sewer: Public Sewer
  • Laundry Features: Common Area
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 220.41
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Orchard Trace Owners Association
  • Phone: 704-940-0847
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 2644.92

Schools

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

Lot Info

  • Parcel Number: 089-253-72
  • Zoning: R17MF
  • Land Included Yn: 0
  • Zoning Specification: R17MF

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2023
Closed on
Oct 5, 2023
Sold by
Orchard Trace Property Holdings Llc
Bought by
Rutherford Valerie
Seller's Agent
Ivory Barber
EXP Realty LLC Ballantyne
Buyer's Agent
Frank Coxx
NorthGroup Real Estate LLC
List Price
$103,000
Sold Price
$103,000
Views
10
Current Estimated Value
$113,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,382
Avg. Annual Appreciation
4.04%

Purchase Details

Closed on
Feb 8, 2006
Sold by
Gmw Properties Inc
Bought by
Ramirez Alvaro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2005
Sold by
Grubb Carl W and Grubb Linda H
Bought by
Gmw Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.74%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Rutherford Valerie $103,000 None Listed On Document
Ramirez Alvaro $305,000 None Available
Gmw Properties Inc $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramirez Alvaro $225,000
Previous Owner Gmw Properties Inc $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2023 10/05/23 Sold $103,000 0.0% $168 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
08/16/2023 08/16/23 For Sale $103,000 -- $168 / 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 $499 $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: 4060492

Canopy MLS (Canopy Realtor® Association)

APN: 089-253-72