NOT LISTED FOR SALE

Estimated Value: $768,086 - $856,000

7 Beds
6 Baths
5,058 Sq Ft
$161/Sq Ft Est. Value

Last Sold March 08, 2021

Last sale price $514,000 $102 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,778/month

17 Days on Market

Highlights

  • Wood Burning Fireplace
  • Olde Providence Elementary Rated A-
  • Vinyl Flooring

About This Home

As of March 2021

Do not miss out on this fantastic opportunity! This property is in a prime location just off of Rea Road and is convenient to Ballantyne, SouthPark, and the Arboretum. This duplex is boasting with space and is perfect for living on one side and renting out the other (or just rent them both out!). Side A has separate living quarters complete with its own kitchen and even a fireplace. Truly one of a kind. Come see this gem while you still can!

Last Agent to Sell the Property

Carolyn Goodrum

L&E Properties License #200958 Listed on: 01/08/2021

Co-Listed By

Willie Herms

L&E Properties License #194811

Last Buyer's Agent

Shad Rafferty

Charlotte Living Realty License #204637

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 1.02

Home Design

  • Duplex

Interior Spaces

  • Wood Burning Fireplace
  • Vinyl Flooring

Listing and Financial Details

  • Tenant pays for all utilities
  • Rent includes exterior maintenance
  • Assessor Parcel Number 211-273-28

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ratio Close Price By List Price: 0.97905
  • Ratio Close Price By Original Li: 0.97905
  • Ratio Current Price By Acre: 503921.57
  • Ratio Current Price By Sq Ft: 101.62
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Equipment: Dishwasher, Electric Range, Refrigerator
  • Fireplace Description: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Laundry Location: Basement
  • Sq Ft Basement: 970
  • Total Sq Ft: 5058

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Parking: Driveway

Utilities

  • Heating: Central Air, Electric Baseboard Heat, Electric Hot Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Size Area: 1.020
  • Parcel Number: 211-273-28
  • Zoning Specification: R12MF

Rental Info

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

Tax Info

  • Tax Value: 503400.00
  • 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
Jan 8, 2021
Closed on
Feb 26, 2021
Sold by
Wilson Chris Young and Fowler Pamela
Bought by
Liu Kunwei
Seller's Agent
Carolyn Goodrum
L&E Properties
Buyer's Agent
Shad Rafferty
Charlotte Living Realty
List Price
$525,000
Sold Price
$514,000
Premium/Discount to List
-$11,000
-2.1%
Current Estimated Value
$812,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,043
Avg. Annual Appreciation
10.74%
Original Mortgage
$385,500
Outstanding Balance
$349,477
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$464,031

Purchase Details

Closed on
Aug 31, 2016
Sold by
Wilson Lawrence H
Bought by
Wilson Lawrence H and Wilson Chris Young

Purchase Details

Closed on
Dec 6, 1973
Bought by
Wilson Lawrence H
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
Liu Kunwei $514,000 None Available
Wilson Lawrence H -- None Available
Wilson Lawrence H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Kunwei $385,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2021 03/08/21 Sold $514,000 -2.1% $102 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $525,000 -- $104 / 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
2024 $4,342 $532,900 $120,000 $412,900
2023 $4,187 $532,900 $120,000 $412,900
2022 $4,858 $503,400 $112,500 $390,900
2021 $4,858 $503,400 $112,500 $390,900
2020 $5,072 $503,400 $112,500 $390,900
2019 $5,041 $503,400 $112,500 $390,900
2018 $4,074 $299,300 $81,000 $218,300
2017 $4,000 $299,300 $81,000 $218,300
2016 $3,981 $299,300 $81,000 $218,300
2015 $3,958 $299,300 $81,000 $218,300
2014 $3,922 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3696511

Canopy MLS (Canopy Realtor® Association)

APN: 211-273-28