NOT LISTED FOR SALE

Estimated Value: $461,000 - $537,126

4 Beds
2 Baths
1,875 Sq Ft
$273/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $365,000 $195 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,915/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Trails

About This Home

As of April 2021

INVESTORS!! INVESTORS!! INVESTORS!! Fabulous opportunity in the hot neighborhood of Seversville that is changing and growing. Perfect opportunity to purchase and build a new duplex, renovate current or live on one side and rent out the other. Rare find w 1 car attached garage for each unit. Units feature newer HVAC and roof. Located in Charlotte's growing West End Corridor. This neighborhood offers great walkability to local restaurants and breweries, access to Charlotte's greenway system and public transportation. Currently tenant occupied. Please do not disturb tenants.

Last Agent to Sell the Property

Molly Zahn Harrison

JET Realty Carolinas License #58939 Listed on: 03/29/2021

JET Realty Carolinas

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 7,405

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 2 Full Bathrooms
  • Insulated Windows
  • Crawl Space

Flooring

  • Wood
  • Tile

Community Details

  • Trails

Listing and Financial Details

  • Tenant pays for all utilities
  • Rent includes exterior maintenance
  • Assessor Parcel Number 071-105-40
  • Tax Block 2

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.01389
  • Ratio Close Price By Original Li: 1.01389
  • Ratio Current Price By Acre: 2147058.82
  • Ratio Current Price By Sq Ft: 194.67
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Dishwasher, Electric Oven, Electric Dryer Hookup, Electric Range, Microwave, Refrigerator
  • Flooring: Tile, Wood
  • Laundry Location: Basement, Garage
  • Total Sq Ft: 1875

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt, Gravel
  • Parking: Back Load Garage, Garage - 2 Car, Parking Space - 4+

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Walking Trails

Schools

  • Elementary School: Bruns Avenue
  • Middle School: Ranson
  • High School: West Charlotte

Lot Info

  • Lot Dimension: 50x150
  • Lot Size Area: 0.170
  • Parcel Number: 071-105-40
  • Plat Book Slide: 230/210
  • Zoning Specification: R8

Rental Info

  • Rent Includes: Exterior Maintenance
  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 204000.00
  • Tax Block: 2
  • 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
Mar 29, 2021
Closed on
Apr 30, 2021
Sold by
Schatz James E and Coggin Sean G
Bought by
Charlotte Skyline Properties Llc
Seller's Agent
Molly Zahn Harrison
JET Realty Carolinas
Buyer's Agent
Non Member
Canopy Administration
List Price
$360,000
Sold Price
$365,000
Premium/Discount to List
$5,000
1.39%
Current Estimated Value
$480,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,845
Avg. Annual Appreciation
8.00%
Original Mortgage
$351,130
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 10, 2012
Closed on
Nov 29, 2012
Sold by
Andronic Alexander and Andronic Yelena
Bought by
Schatz James E and Coggin Sean G
Seller's Agent
Michael Doney
5 Points Realty
Buyer's Agent
Molly Zahn Harrison
JET Realty Carolinas
List Price
$114,900
Sold Price
$105,000
Premium/Discount to List
-$9,900
-8.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.95%
Original Mortgage
$78,750
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2011
Sold by
Captain Brown Properties Lp
Bought by
Andronic Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
4.53%
Mortgage Type
Seller Take Back
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
Charlotte Skyline Properties Llc $365,000 Chicago Title Insurance Co
Schatz James E $105,000 None Available
Andronic Alexander $42,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Charlotte Skyline Properties Llc $292,000
Closed Charlotte Skyline Properties Llc $351,130
Previous Owner Schatz James E $159,600
Previous Owner Schatz James E $78,750
Previous Owner Andronic Alexander $22,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $365,000 +1.4% $195 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $360,000 0.0% $192 / Sq Ft
11/14/2013 11/14/13 Rented $595 -8.5% --
10/15/2013 10/15/13 Under Contract -- -- --
09/16/2013 09/16/13 For Rent $650 0.0% --
11/29/2012 11/29/12 Sold $105,000 -8.6% $56 / Sq Ft
10/13/2012 10/13/12 Pending -- -- --
05/10/2012 05/10/12 For Sale $114,900 -- $61 / 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 $3,397 $425,200 $200,000 $225,200
2022 $2,220 $204,000 $140,000 $64,000
2021 $2,198 $204,000 $140,000 $64,000
2020 $2,183 $204,000 $140,000 $64,000
2019 $2,152 $204,000 $140,000 $64,000
2018 $1,295 $87,500 $28,500 $59,000
2017 $1,259 $87,500 $28,500 $59,000
2016 $1,240 $87,500 $28,500 $59,000
2015 $1,217 $87,500 $28,500 $59,000
2014 $1,393 $102,400 $30,000 $72,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3721768

Canopy MLS (Canopy Realtor® Association)

APN: 071-105-40