NOT LISTED FOR SALE

3115 N Tryon St Charlotte, NC 28206

Sugar Creek Neighborhood

Estimated Value: $1,170,629

5 Acres
$223,830 Price per Acre
227,819 Sq Ft Lot

Last Sold September 15, 2023

Last sale price $6,150,000 $291 Per Sq Ft

Current estimated payment $6,847/month

80 Days on Market

Highlights

  • 5.23 Acre Lot
  • No HOA
  • Level Lot

About This Lot

As of September 2023

Rare investment and development opportunity. Walking distance from NoDa with quick access to I-77 and I-85. There are a lot of positive changes happening in the immediate area. Current zoning is I1 and I2 but should be an easy zoning change to MUDD, or future owners desired zoning. Property is on North Tryon at 36th street. Plans to extend 36th street through which will back this property up to a 4 way intersection just blocks from NoDa. https://www.averyhallinvestments.com/3100-north-tryon-street/ has just purchased the land across the street and has already started construction. The property includes 5.23 acres of land. Price includes land and buildings for 3115 N Tryon st, 3217 N Tryon st and 144 Atando Ave.

Last Agent to Sell the Property

Syma Ashrafi

Carolina Valor Realty LLC Brokerage Email: syma2550@yahoo.com License #309686 Listed on: 03/30/2022

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,241

Lot Details

  • 5.23 Acre Lot
  • Property fronts a highway
  • Level Lot
  • Possible uses of the property include Commercial, Industrial, Multi-Family, Other - See Remarks, Subdevelopment
  • Property is zoned I1

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 085-023-04

Property Details

Property Type

Land

Est. Annual Taxes

$5,241

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Commercial
  • Habitable Residence Yn: Yes
  • Restrictions: Other - See Remarks
  • Road Frontage Type: 4 Lane Highway, City Street
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Attribution Contact: syma2550@yahoo.com
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Industrial, Multi-Family, Other - See Remarks, Subdevelopment
  • Room Count: 0

Exterior Features

  • Other Structures: Other - See Remarks

Garage/Parking

  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Gas, Phone Connected
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Area: 5.23
  • Lot Size Units: Acres
  • Parcel Number: 085-023-04
  • Lot Size Acres: 5.23
  • Lot Size Sq Ft: 227818
  • ResoLotSizeUnits: Acres
  • Zoning Specification: I1

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
Sep 15, 2023
Sold by
Ashrafi First Enterprises Inc
Bought by
Fw Oz Tryon 3 Llc
Seller's Agent
Syma Ashrafi
Carolina Valor Realty LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$5,000,000
Sold Price
$6,150,000
Premium/Discount to List
$1,150,000
23%
Views
5
Current Estimated Value
$1,170,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,979,371
Original Mortgage
$6,810,000
Interest Rate
6.9%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 21, 2000
Sold by
Faires Louise K
Bought by
Ashrafi First Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.29%
Mortgage Type
Commercial
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
Fw Oz Tryon 3 Llc -- Chicago Title
Fw Oz Tryon 3 Llc $5,948,000 Chicago Title
Ashrafi First Enterprises Inc $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fw Oz Tryon 3 Llc $2,750,000
Closed Fw Oz Tryon 3 Llc $6,810,000
Previous Owner Ashrafi First Enterprises Inc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $6,150,000 +23.0% $291 / Sq Ft
06/18/2022 06/18/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $5,000,000 -- $237 / 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 $5,241 $853,000 $771,100 $81,900
2022 $5,241 $543,100 $469,300 $73,800
2021 $5,241 $543,100 $469,300 $73,800
2020 $5,241 $543,100 $469,300 $73,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Syma Ashrafi

    Carolina Valor Realty LLC

    Section Image

  • N

    Buyer's Agent in 2023

    Non Member

    NC_CanopyMLS

See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3839966

Canopy MLS (Canopy Realtor® Association)

APN: 085-023-04

North Carolina Mecklenburg County Charlotte 28206 Sugar Creek

3115 N Tryon St, Charlotte, NC

This home is located at 3115 N Tryon St, Charlotte, NC 28206 since 30 March 2022 and is currently priced at $1,170,629, approximately $55 per square foot. 3115 N Tryon St is a home located in Mecklenburg County with nearby schools including Highland Renaissance Academy, Martin Luther King Jr Middle, and Garinger High School.

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