R
Seller's Agent in 2015
Ronnie Brown-Walters
MW Properties Realty Group LLC
3401 Reid Ave Charlotte, NC 28208
Arbor Glen NeighborhoodEstimated Value: $522,000 - $717,844
11
Beds
5
Baths
3,608
Sq Ft
$174/Sq Ft
Est. Value
About This Home
As of July 20153BR 1BA House and 2 Duplexes (2BR 1BA) total of 5 units that are being sold as a package deal on the same parcel #. Addresses 3401, 3403 A&B, and 3405 A&B Reid. Total rental income $3130 with an ROI of 16.40% and a CAP RATE of 13.22% ($7281.69 yearly expenses) All units have been renovated. New roofs, Cabinets, flooring, windows, doors, bathrooms and appliances. New Asphalt parking lot, new porches, fresh paint, refinished hardwoods and carpet in one room. All units Central Heat/Air.
Last Agent to Sell the Property
Ronnie Brown-Walters
MW Properties Realty Group LLC License #279683 Listed on: 03/17/2015
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1930
Lot Details
- 0.51
Interior Spaces
- 5 Full Bathrooms
- Insulated Windows
- Wood Flooring
- Crawl Space
Listing and Financial Details
- Tenant pays for all utilities, cable, electricity, gas, interior common lights, outdoor lighting, water
- Rent includes exterior maintenance
- Assessor Parcel Number 14517916
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 1, 2017
Sold by
Blr Investments Llc
Bought by
Tranquilo Capital Investments Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,486
Interest Rate
3.96%
Mortgage Type
Commercial
Purchase Details
Listed on
Mar 17, 2015
Closed on
Jul 30, 2015
Sold by
Mw Properties Turn Key Investments Llc
Bought by
Blr Investments Llc
Seller's Agent
Ronnie Brown-Walters
MW Properties Realty Group LLC
Buyer's Agent
George Joseph
KJ Realty LLC
List Price
$229,000
Sold Price
$187,500
Premium/Discount to List
-$41,500
-18.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.73%
Purchase Details
Closed on
Mar 28, 2008
Sold by
Looby Construction Llc
Bought by
Young Roger T and Young Joann I
Purchase Details
Closed on
Nov 27, 2006
Sold by
Maier Robert and Maier Carole A
Bought by
Looby Construction Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,344
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tranquilo Capital Investments Llc | $299,500 | Barristers Title Svcs Of The | |
| Tranquilo Capital Investments Llc | $299,500 | Barristers Title Svcs Of The | |
| Blr Investments Llc | $187,500 | Attorney | |
| Blr Investments Llc | $187,500 | Attorney | |
| Young Roger T | $159,000 | None Available | |
| Young Roger T | $159,000 | None Available | |
| Looby Construction Llc | $120,000 | None Available | |
| Looby Construction Llc | $120,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tranquilo Capital Llc | $256,000 | |
| Previous Owner | Tranquilo Capital Investments Llc | $239,486 | |
| Previous Owner | Tranquilo Capiatl Llc Unirted Federal Cr | $88,046 | |
| Previous Owner | Tranquilo Capital Llc | $67,971 | |
| Previous Owner | Looby Construction Llc | $101,344 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2015 07/31/15 | Sold | $187,500 | -18.1% | $52 / Sq Ft |
| 07/08/2015 07/08/15 | Pending | -- | -- | -- |
| 03/17/2015 03/17/15 | For Sale | $229,000 | -- | $63 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $4,813 | $534,300 | $125,000 | $409,300 |
| 2023 | $4,615 | $534,300 | $125,000 | $409,300 |
| 2022 | $3,602 | $308,200 | $30,000 | $278,200 |
| 2021 | $3,547 | $308,200 | $30,000 | $278,200 |
| 2020 | $3,510 | $308,200 | $30,000 | $278,200 |
| 2019 | $3,432 | $308,200 | $30,000 | $278,200 |
| 2018 | $2,816 | $186,600 | $14,300 | $172,300 |
| 2017 | $2,730 | $186,600 | $14,300 | $172,300 |
| 2016 | $2,469 | $171,200 | $14,300 | $156,900 |
| 2015 | $2,594 | $171,200 | $14,300 | $156,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
George Joseph
Buyer's Agent in 2015
George Joseph
KJ Realty LLC
(704) 941-4394
125 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3070468
APN: 145-179-16
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