NOT LISTED FOR SALE

332 Orchard Trace Ln Unit 5 Charlotte, NC 28213

Hidden Valley Neighborhood

Estimated Value: $99,000 - $131,391

2 Beds
1 Bath
828 Sq Ft
288,280 Sq Ft Lot

Sale Details

Date Sold: February 11, 2022

Last sale price $90,000 $109 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $851 / mo

76 Days on Market

Highlights

  • Clubhouse
  • Indoor Game Court
  • Level Entry For Accessibility
  • Lawn
  • Balcony
  • Tile Flooring

About This Home

As of February 2022

Two Bedroom, 1 bath condo in Orchard Trace. Upper level unit with balcony. Currently rented for $825 per month and tenant has been there since 2017. This is conveniently located on the second floor and is in very good condition. Laminate tile and carpet throughout. Conveniently located close to UNCC, IKEA, I-85 and walking distance to Light Rail. Now showings on weekends and property manager is not available on weekends. Showings will begin Monday, October 18.

Last Agent to Sell the Property

Sarah Kennerly

Dickens Mitchener & Associates Inc Brokerage Email: skennerly@cottinghamchalk.com License #81208 Listed on: 10/15/2021

Dickens Mitchener & Associates Inc

Last Buyer's Agent

Sandip Nanda

Nanda And Company LLC License #292644

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1974

Lot Details

  • 6.62

HOA Fees

  • $183 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 2nd floor
  • Slab Foundation
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 828 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Additional Features

  • Level Entry For Accessibility
  • Balcony
  • Lawn

Listing and Financial Details

  • Assessor Parcel Number 089-253-35

Community Details

Overview

  • Orchard Trace HOA
  • Orchard Trace Condos
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Indoor Game Court

Property Details

Home Type

Condominium

Year Built

Built in 1974

Lot Details

6.62 Acres

HOA Fees

$183 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1974
  • Restrictions: No Restrictions
  • Special Assessment Yn: 1
  • Special Assessment Description: 64.58 per month through 12/2021. Already paid by Seller.
  • Road Surface Type: None
  • Unit Levels: One
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 108.70
  • Attribution Contact: skennerly@cottinghamchalk.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 2
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 828
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Above Grade Finished Sq Ft: 828
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Main
  • Living Area: 828
  • Bedroom Main: 2

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Brick Full
  • Patio And Porch Features: Balcony

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Parking Lot

Utilities

  • Heating: Central, Electric, Forced Air
  • Sewer: Public Sewer
  • Laundry Features: Common Area
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Game Court
  • Association Fee: 182.92
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Orchard Trace
  • Association Name: Orchard Trace HOA
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 2195.04

Schools

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

Lot Info

  • Parcel Number: 089-253-35
  • Land Included Yn: 0
  • Development Status: Completed
  • Zoning Specification: R17MF

Rental Info

  • Pets Allowed: Conditional

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2021
Closed on
Jan 20, 2022
Sold by
Brr Orchard Trace Llc
Bought by
Mansa Singh Llc
Seller's Agent
Sarah Kennerly
Dickens Mitchener & Associates Inc
Buyer's Agent
Sandip Nanda
Nanda And Company LLC
List Price
$90,000
Sold Price
$90,000
Current Estimated Value
$111,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,098
Avg. Annual Appreciation
5.15%
Original Mortgage
$71,760
Outstanding Balance
$66,516
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$44,582

Purchase Details

Closed on
Apr 14, 2016
Sold by
Sparks Karen and Sparks William D
Bought by
Buffalo River Realty Llc

Purchase Details

Closed on
Oct 15, 2004
Sold by
Tomlin Bruce K and Tomlin Elizabeth P
Bought by
Sparks William D and Sparks Karen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mansa Singh Llc $90,000 Woodward & Woodward Pllc
Buffalo River Realty Llc $525,000 None Available
Sparks William D $501,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mansa Singh Llc $71,760
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2022 02/11/22 Sold $90,000 0.0% $109 / Sq Ft
12/30/2021 12/30/21 Pending -- -- --
12/28/2021 12/28/21 For Sale $90,000 0.0% $109 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $90,000 -- $109 / Sq Ft
Source: Canopy MLS

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 $949 $105,003 -- $105,003
2024 $949 $105,003 -- $105,003
2023 $909 $105,003 $0 $105,003
2022 $569 $46,000 $0 $46,000
2021 $558 $46,000 $0 $46,000
2020 $551 $46,000 $0 $46,000
2019 $535 $46,000 $0 $46,000
2018 $472 $30,400 $4,500 $25,900
2017 $456 $30,400 $4,500 $25,900
2016 $447 $30,400 $4,500 $25,900
2015 $435 $30,400 $4,500 $25,900
2014 $429 $36,200 $4,500 $31,700
Source: Public Records

Agents Affiliated with this Home

  • Sarah Kennerly

    Seller's Agent in 2022

    Sarah Kennerly

    Dickens Mitchener & Associates Inc

    (704) 904-6973

    11 in this area

    130 Total Sales

    Sarah Kennerly
    Section Image

  • S

    Buyer's Agent in 2022

    Sandip Nanda

    Nanda And Company LLC

    (704) 307-2135

    2 in this area

    15 Total Sales

    Sandip Nanda
    Section Image
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Map

Source: Canopy MLS

MLS Number: 3796434

Canopy MLS

APN: 089-253-35

North Carolina Mecklenburg County Charlotte 28213 Hidden Valley

332 Orchard Trace Ln Unit 5, Charlotte, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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