NOT LISTED FOR SALE

332 S Torrence St Unit 2 Charlotte, NC 28204

Cherry Neighborhood

Estimated Value: $1,136,000 - $1,294,549

3 Beds
3.5 Baths
2,996 Sq Ft
$407/Sq Ft Est. Value

Last Sold March 28, 2019

Last sale price $806,210 $269 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $7,334/month

21 Days on Market

Highlights

  • Under Construction
  • City View
  • Arts and Crafts Architecture
  • Myers Park High Rated A
  • Open Floorplan
  • 3-minute walk to Cherry Park

About This Home

As of March 2019

Incredible skyline views from all floors. New craftsman style townhome with optional elevator, 2 car garage and covered rear porches on all 3 levels. Beautifully appointed with hardwood floors, gas fireplace, built-ins, stacked cabinets in the kitchen, crown molding, an open floor plan, and a large master bath with a freestanding tub. Includes structured wiring, and prewired for security system and surround sound. Close proximity to the greenway, Metropolitan shops and restaurants, and uptown.

Last Agent to Sell the Property

Kim Claxton

SaussyBurbank Brokerage Email: kim.claxton@saussyburbank.com License #198309 Listed on: 01/10/2019

Last Buyer's Agent

Ginny Burgin

Helen Adams Realty License #269263

Helen Adams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,420

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 34x95x33x95
  • End Unit

Parking

  • 2 Car Attached Garage

Home Design

  • Arts and Crafts Architecture
  • Property Attached
  • Slab Foundation

Interior Spaces

  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Gas Fireplace
  • Family Room with Fireplace
  • City Views
  • Pull Down Stairs to Attic
  • Electric Dryer Hookup

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Schools

  • Eastover Elementary School
  • Alexander Graham Middle School
  • Myers Park High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Fresh Air Ventilation System
  • Covered patio or porch

Community Details

  • Property has a Home Owners Association
  • Metropolitan Towns Condos
  • Built by Saussy Burbank
  • Cherry Subdivision, Met Towns 2 Floorplan

Listing and Financial Details

  • Assessor Parcel Number 12522463

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,420

Year Built

Built in 2019 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Arts and Crafts
  • Year Built: 2019
  • Proposed Completion Date: 2019-01-29
  • Road Surface Type: Concrete
  • Unit Levels: Three
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 269.10
  • Bedroom Lower: 1
  • Attribution Contact: kim.claxton@saussyburbank.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Built-in Features, Cable Prewire, Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • Lower Level Sq Ft: 682
  • Main Level Sq Ft: 1157
  • 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: 1157
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Exhaust Hood, Gas Oven, Gas Range, Microwave, Plumbed For Ice Maker
  • Above Grade Finished Sq Ft: 2996
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Family Room, Gas Log, Gas Vented
  • Living Area: 2996
  • Bedroom Main: 0
  • Room Count: 12
  • Sq Ft Other: 0

Exterior Features

  • New Construction: Yes
  • Construction Type: Site Built
  • View: City
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Covered

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached Garage

Utilities

  • Heating: Central, Forced Air, Fresh Air Ventilation, Heat Pump, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Upper Level
  • Security: Carbon Monoxide Detector(s)
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Complex Name: Metropolitan Towns
  • Association: Yes

Schools

  • Middle Or Junior School: Alexander Graham
  • HOA Subject To: Required

Lot Info

  • Lot Features: End Unit
  • Lot Size Area: 0.07
  • Lot Size Units: Acres
  • Parcel Number: 12522463
  • Plat Reference Section Pages: 633
  • Land Included Yn: 1
  • Development Status: Under Construction
  • Lot Size Acres: 0.07
  • Lot Size: 34x95x33x95
  • Lot Size Sq Ft: 3049
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-22MF

Green Features

  • Green Verification Count: 1

Building Info

  • Builder Name: Saussy Burbank

MLS Schools

  • Elementary School: Eastover
  • High School: Myers Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2019
Closed on
Mar 28, 2019
Sold by
Carolina Cottage Homes Llc
Bought by
Griffith Todd F and Griffith Andrea F
Seller's Agent
Kim Claxton
SaussyBurbank
Buyer's Agent
Ginny Burgin
Helen Adams Realty
List Price
$775,000
Sold Price
$806,210
Premium/Discount to List
$31,210
4.03%
Total Days on Market
21
Current Estimated Value
$1,215,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,703
Avg. Annual Appreciation
7.58%
Original Mortgage
$725,400
Outstanding Balance
$642,889
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$640,248

Purchase Details

Closed on
Jul 11, 2017
Sold by
Eqvision 2 Llc
Bought by
Carolina Cottage Homes Llc

Purchase Details

Closed on
Nov 9, 2015
Sold by
Burick Samuel
Bought by
Eqvision2 Llc

Purchase Details

Closed on
Jul 30, 2013
Sold by
Purser Claren Taylor
Bought by
Burick Samuel
Source: Public Records

Range of Values:

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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
Griffith Todd F $806,500 None Available
Carolina Cottage Homes Llc $450,000 None Available
Eqvision2 Llc -- None Available
Burick Samuel $83,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffith Todd F $725,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2019 03/28/19 Sold $806,210 +4.0% $269 / Sq Ft
01/31/2019 01/31/19 Pending -- -- --
01/10/2019 01/10/19 For Sale $775,000 -- $259 / 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 $7,420 $992,600 $315,000 $677,600
2022 $7,542 $768,500 $256,500 $512,000
2021 $7,531 $768,500 $256,500 $512,000
2020 $7,523 $715,400 $256,500 $458,900
2019 $6,904 $715,400 $256,500 $458,900
2018 $535 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3463744

Canopy MLS (Canopy Realtor® Association)

APN: 125-224-63