NOT LISTED FOR SALE

Estimated Value: $828,000 - $906,000

0.18 Acre
$4,793,256 Price per Acre
7,841 Sq Ft Lot

Last Sold June 25, 2019

Last sale price $325,000 $325 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $5,125/month

8 Days on Market

Highlights

  • Community Playground
  • Many Trees
  • 3-minute walk to Cherry Park
  • Myers Park High Rated A

About This Lot

As of June 2019

Great urban lot, ready to build your custom home on, in the Popular Cherry neighborhood. No house to tear down. Has a Uptown Charlotte View. Cherry neighborhood has its own park, is close to the Metropolitan shopping/dining area including Traders Joes and Target and so close to uptown you can see it! Also close to Kings Drive Farmers Market and Little Sugar Creek Greenway.

Last Agent to Sell the Property

Julie Wall-Burris

Lilac Realty LLC License #237974 Listed on: 05/01/2019

Last Buyer's Agent

Jordan Meggs

NorthGroup Real Estate LLC License #277733

NorthGroup Real Estate LLC

Property Details

Property Type

  • Land

Lot Details

  • Many Trees

Community Details

  • Community Playground

Listing and Financial Details

  • Assessor Parcel Number 125-114-08

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.95588
  • Ratio Close Price By Original Li: 0.95588
  • Ratio Current Price By Acre: 1805555.56
  • Special Features: None

Utilities

  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Playground, Sidewalk

Schools

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

Lot Info

  • Lot Features: City View, Trees
  • Lot Size Area: 0.180
  • Parcel Number: 125-114-08
  • Zoning Specification: R6

Tax Info

  • Tax Value: 313500.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2020
Sold by
Ushakumari Deepu and Ushakumari Amber N
Bought by
Tsung Sheng S and Tsung Judith R
Current Estimated Value
$862,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$482,451
Outstanding Balance
$434,342
Interest Rate
3.25%
Mortgage Type
Construction
Estimated Equity
$467,781

Purchase Details

Listed on
May 1, 2019
Closed on
Jun 25, 2019
Sold by
Camden Alliance Llc
Bought by
Ushakumari Deepu and Ushakumari Amber N
Seller's Agent
Julie Wall-Burris
Lilac Realty LLC
Buyer's Agent
Jordan Meggs
NorthGroup Real Estate LLC
List Price
$340,000
Sold Price
$325,000
Premium/Discount to List
-$15,000
-4.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.93%
Original Mortgage
$260,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2005
Sold by
Thompson Carter G
Bought by
Camden Alliance Llc

Purchase Details

Closed on
Nov 29, 2004
Sold by
Smith Jeffry A and Allison April D
Bought by
Thompson Carter G

Purchase Details

Closed on
Apr 9, 2004
Sold by
Neal Jerry W and Neal Charlotte F
Bought by
Smith Jeffry A and Allison April D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,025
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 1999
Sold by
Mcgee Donald E and Mcgee Amy K
Bought by
Neal Jerry W and Neal Charlotte F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.72%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Tsung Sheng S $331,000 None Available
Ushakumari Deepu $325,000 None Available
Camden Alliance Llc -- --
Thompson Carter G $120,000 --
Smith Jeffry A $89,500 --
Neal Jerry W $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsung Sheng S $482,451
Previous Owner Ushakumari Deepu $260,000
Previous Owner Camden Alliance Llc $86,000
Previous Owner Thompson Carter G $124,200
Previous Owner Smith Jeffry A $85,025
Previous Owner Neal Jerry W $42,185
Previous Owner Neal Jerry W $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2019 06/25/19 Sold $325,000 -4.4% $325 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $340,000 -- $340 / 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 $5,190 $665,200 $350,000 $315,200
2023 $5,018 $665,200 $350,000 $315,200
2022 $5,350 $541,400 $285,000 $256,400
2021 $5,339 $541,400 $285,000 $256,400
2020 $2,750 $285,000 $285,000 $0
2019 $2,750 $313,500 $313,500 $0
2018 $1,311 $94,300 $56,000 $38,300
2017 $1,284 $94,300 $56,000 $38,300
2016 $1,274 $94,300 $56,000 $38,300
2015 $1,263 $94,300 $56,000 $38,300
2014 $1,273 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3501994

Canopy MLS (Canopy Realtor® Association)

APN: 125-114-08