NOT LISTED FOR SALE

Estimated Value: $164,000 - $244,000

18 Beds
25 Baths
8,552 Sq Ft
$25/Sq Ft Est. Value

Last Sold June 25, 2018

Last sale price $950,000 $111 Per Sq Ft

Current estimated payment $1,268/month

44 Days on Market

About This Home

As of June 2018

Investors take note! This property is a winner! Eight townhomes and one older single family home. All are currently leased. Recent updates include new HVAC units on all townhomes. All parcels added together are approx 1 acre. Property sold as-is.

Last Agent to Sell the Property

Kirk Hanson

Coldwell Banker- CK Select License #235328 Listed on: 11/14/2017

Coldwell Banker- CK Select

Co-Listed By

Perry Butler

Better Homes and Gardens Real Estate Paracle License #154924

Last Buyer's Agent

Atul Pathak

NorthGroup Real Estate LLC License #200707

NorthGroup Real Estate LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1999

Lot Details

  • 0.98

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Flooring

  • Tile
  • Vinyl

Additional Features

  • Crawl Space

Listing and Financial Details

  • Tenant pays for all except water
  • Rent includes exterior maintenance
  • Assessor Parcel Number 04532107

Property Details

Home Type

Multi-Family

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Eightplex+
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.95000
  • Ratio Close Price By Original Li: 0.95000
  • Ratio Current Price By Acre: 969387.76
  • Ratio Current Price By Sq Ft: 111.09
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Slab
  • Full Bathrooms: 17
  • Half Bathrooms: 8
  • Total Bedrooms: 18
  • Equipment: Dishwasher, Electric Range, Refrigerator, Exhaust Hood, Electric Oven
  • Flooring: Carpet, Tile, Vinyl
  • Laundry Location: Upper
  • Total Sq Ft: 8552

Exterior Features

  • Construction: Vinyl, Wood
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Parking Space - 4+

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size Area: 0.980
  • Parcel Number: 04532107
  • Zoning Specification: R12MF

Rental Info

  • Rent Includes: Exterior Maintenance
  • Tenant Pays: All except water

Tax Info

  • Tax Value: 543000.00
  • Tax Location: Charlotte

Multi Family

  • Unit Count: 9
  • Number Of Units Total: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2017
Closed on
Jun 22, 2018
Sold by
Tms Property Solutions Llc
Bought by
Bjp Real Estate Investments Llc
Seller's Agent
Kirk Hanson
Coldwell Banker- CK Select
Buyer's Agent
Atul Pathak
NorthGroup Real Estate LLC
List Price
$1,000,000
Sold Price
$950,000
Premium/Discount to List
-$50,000
-5%
Current Estimated Value
$213,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$736,667
Avg. Annual Appreciation
-18.53%
Original Mortgage
$637,500
Outstanding Balance
$551,331
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
-$337,998

Purchase Details

Closed on
Jun 26, 2011
Sold by
Ozark Properties L L C
Bought by
Tms Property Solutions L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2010
Sold by
Mausner Gary D and Mausner Nereida
Bought by
Ozark Properties Llc
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
Bjp Real Estate Investments Llc $950,000 None Available
Tms Property Solutions L L C $675,000 None Available
Ozark Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bjp Real Estate Investments Llc $637,500
Previous Owner Tms Property Solutions L L C $630,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2018 06/25/18 Sold $950,000 -5.0% $111 / Sq Ft
12/28/2017 12/28/17 Pending -- -- --
11/14/2017 11/14/17 For Sale $1,000,000 -- $117 / 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 $1,588 $189,420 -- $189,420
2024 $1,588 $189,420 -- $189,420
2023 $1,529 $189,420 $0 $189,420
2022 $1,268 $118,400 $0 $118,400
2021 $1,257 $118,400 $0 $118,400
2020 $1,250 $118,400 $0 $118,400
2019 $1,234 $118,400 $0 $118,400
2018 $859 $59,900 $9,800 $50,100
2017 $838 $59,900 $9,800 $50,100
2016 $829 $59,900 $9,800 $50,100
2015 $817 $59,900 $9,800 $50,100
2014 $808 $91,800 $28,000 $63,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3335374

Canopy MLS (Canopy Realtor® Association)

APN: 045-321-07