NOT LISTED FOR SALE

Estimated Value: $3,996,780 - $4,976,000

0.29 Acre
$15,440,328 Price per Acre
12,632 Sq Ft Lot

Last Sold May 24, 2013

Last sale price $600,000 $115 Per Sq Ft

Est. 646% increase in value since last sale

Current estimated payment $25,844/month

360 Days on Market

Highlights

  • Community Playground
  • Myers Park High Rated A
  • 2-minute walk to Eastover Playground

About This Lot

As of May 2013

See attached survey with building area defined. Flat, .29 acre lot on quiet Cherokee Place. In the heart of Eastover, build your dream home. Use your own Architect/Builder or we can provide a list of those who have recently built in Eastover.

Last Agent to Sell the Property

Eric Locher

COMPASS License #83290 Listed on: 04/05/2012

COMPASS

Last Buyer's Agent

Matt Ewers

Grandfather Homes Inc. License #265995

Property Details

Property Type

  • Land

Lot Details

Community Details

  • Community Playground

Listing and Financial Details

  • Assessor Parcel Number 155-071-07

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Acreage
  • Ratio Close Price By List Price: 0.92308
  • Ratio Close Price By Original Li: 0.92308
  • Ratio Current Price By Acre: 2068965.52
  • Special Features: None

Utilities

  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Playground

Schools

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

Lot Info

  • Lot Dimension: 95x141x75x160
  • Lot Size Area: 0.290
  • Lot Size Units: Acres
  • Parcel Number: 155-071-07
  • Zoning Specification: R3

Tax Info

  • Tax Value: 798000.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2014
Sold by
Ewers Matthew T and Hollifield Gretchen Ann
Bought by
Blinn Gregory James and Blinn Betsy Caughman
Current Estimated Value
$4,477,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$916,704
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$3,560,991

Purchase Details

Listed on
Apr 5, 2012
Closed on
May 23, 2013
Sold by
Hall Joseph Kirkland and Hall Heidi Layton
Bought by
Ewers Matthew T
Seller's Agent
Eric Locher
COMPASS
Buyer's Agent
Matt Ewers
Grandfather Homes Inc.
List Price
$650,000
Sold Price
$600,000
Premium/Discount to List
-$50,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.64%
Original Mortgage
$1,000,000
Interest Rate
3%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 7, 2005
Sold by
Hall Joseph Kirkland
Bought by
Smith Scott J R and Smith Mary Mallard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 18, 1975
Bought by
Hall Joseph Kirkland
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
Blinn Gregory James $2,000,000 Barristers Title Agency
Ewers Matthew T $600,000 None Available
Smith Scott J R $1,850,000 --
Hall Joseph Kirkland -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blinn Gregory James $1,200,000
Previous Owner Ewers Matthew T $1,000,000
Previous Owner Smith Scott J R $165,000
Previous Owner Smith Scott J R $1,320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2013 05/24/13 Sold $600,000 -7.7% $115 / Sq Ft
03/31/2013 03/31/13 Pending -- -- --
04/05/2012 04/05/12 For Sale $650,000 -- $125 / 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 $25,249 $3,314,100 $950,000 $2,364,100
2024 $25,249 $3,314,200 $950,000 $2,364,200
2023 $24,449 $3,314,200 $950,000 $2,364,200
2022 $22,528 $2,321,500 $900,900 $1,420,600
2021 $22,517 $2,321,500 $900,900 $1,420,600
2020 $22,510 $2,321,500 $900,900 $1,420,600
2019 $22,494 $2,634,600 $1,001,000 $1,633,600
2018 $21,521 $1,634,800 $465,100 $1,169,700
2017 $21,224 $1,634,800 $465,100 $1,169,700
2016 $21,214 $1,634,800 $465,100 $1,169,700
2015 $21,203 $979,800 $465,100 $514,700
2014 $12,647 $465,100 $465,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR2076784

Canopy MLS (Canopy Realtor® Association)

APN: 155-071-07