NOT LISTED FOR SALE

Estimated Value: $327,000 - $489,000

4 Beds
2 Baths
1,654 Sq Ft
$232/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $157,900 $95 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $2,169/month

88 Days on Market

About This Home

As of August 2016

Great investment property. New HVAC units, full brick with updates on the inside. Laminate floor in both units living area excluding kitchen and bathroom.

Do Not Disturb Tenants

Last Agent to Sell the Property

Amir Behdani

Behdani Realty Company License #224513 Listed on: 04/30/2016

Last Buyer's Agent

Terri Shidal

Carolinas Signature Property Management LLC License #206642

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction

Additional Features

  • 2 Full Bathrooms
  • Crawl Space

Listing and Financial Details

  • Tenant pays for all utilities, exterior maintenance
  • Assessor Parcel Number 135-092-01

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ratio Close Price By List Price: 0.98749
  • Ratio Close Price By Original Li: 0.98749
  • Ratio Current Price By Acre: 478484.85
  • Ratio Current Price By Sq Ft: 95.47
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Equipment: CO Detector, Disposal, Exhaust Fan, Refrigerator
  • Laundry Location: Main
  • Sq Ft Additional: 90
  • Total Sq Ft: 1654

Exterior Features

  • Construction: Brick Full
  • Publically Maintained Road: Yes

Garage/Parking

  • Parking: Driveway

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Features: Corner Lot, Level
  • Lot Size Area: 0.330
  • Parcel Number: 135-092-01
  • Zoning Specification: R4

Rental Info

  • Tenant Pays: All Utilities, Exterior Maintenance

Tax Info

  • Tax Value: 91100.00
  • Tax Location: Charlotte

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2012
Closed on
Dec 5, 2012
Sold by
Kamelot Llc
Bought by
Gerges Llc
Seller's Agent
Joyce Presley
Joyce Presley Realty, LLC
Buyer's Agent
Amir Behdani
Behdani Realty Company
List Price
$119,000
Sold Price
$103,000
Premium/Discount to List
-$16,000
-13.45%
Current Estimated Value
$383,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,965
Avg. Annual Appreciation
10.74%
Original Mortgage
$70,000
Outstanding Balance
$48,681
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$335,284

Purchase Details

Closed on
Feb 28, 2011
Sold by
Klutts Family Llc
Bought by
Kamelot Llc

Purchase Details

Closed on
Sep 24, 2004
Sold by
Klutts J Vaughn and Klutts Vicki G
Bought by
Klutts Family Llc

Purchase Details

Closed on
Aug 12, 2004
Sold by
Klutts Family Llc
Bought by
Klutts J Vaughn and Klutts Vicki G

Purchase Details

Closed on
Aug 14, 2000
Sold by
Vaughn Klutts J and Vaughn Vicki G
Bought by
Klutts Family Llc

Purchase Details

Closed on
Nov 13, 1998
Sold by
Klutts Family Llc
Bought by
Klutts J Vaughn and Klutts Vicki G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
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
Gerges Llc $108,000 None Available
Kamelot Llc -- None Available
Klutts Family Llc -- --
Klutts J Vaughn -- --
Klutts Family Llc -- --
Klutts J Vaughn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerges Llc $70,000
Previous Owner Klutts J Vaughn $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2016 08/31/16 Sold $157,900 -1.3% $95 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
04/30/2016 04/30/16 For Sale $159,900 +55.2% $97 / Sq Ft
12/06/2012 12/06/12 Sold $103,000 -13.4% $62 / Sq Ft View Prior Sale
11/20/2012 11/20/12 Pending -- -- --
10/30/2012 10/30/12 For Sale $119,000 -- $72 / 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
2025 $1,873 $206,800 $48,000 $158,800
2024 $1,873 $206,800 $48,000 $158,800
2023 $1,795 $206,800 $48,000 $158,800
2022 $1,878 $168,600 $27,000 $141,600
2021 $1,856 $168,600 $27,000 $141,600
2020 $1,841 $168,600 $27,000 $141,600
2019 $1,810 $168,600 $27,000 $141,600
2018 $1,342 $91,100 $18,000 $73,100
2017 $1,305 $91,100 $18,000 $73,100
2016 $1,286 $91,100 $18,000 $73,100
2015 $1,263 $91,100 $18,000 $73,100
2014 $1,248 $91,100 $18,000 $73,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3172325

Canopy MLS (Canopy Realtor® Association)

APN: 135-092-01