R
Seller's Agent in 2014
Ronnie Brown-Walters
MW Properties Realty Group LLC
3405 Reid Ave Charlotte, NC 28208
Arbor Glen NeighborhoodEstimated Value: $522,000 - $717,844
4
Beds
2
Baths
1,404
Sq Ft
$447/Sq Ft
Est. Value
Highlights
- 0.51 Acre Lot
- Tile Flooring
- Central Heating
- No HOA
- Four Sided Brick Exterior Elevation
About This Home
As of October 20143 BR 1BA house and 2 duplexes (2BR 1BA each) with the MLS listing numbers 3019715, 3019719, & 3019741 that are being sold as a package deal. Renovated around 2010 and due to bad management they got vandalized. Currently they need around $40K in repairs. Unit 3403-B is rented $450. All other units are boarded, in need of repairs. Potential Rent of $495 x4=$1,980 for the Duplexes and $695 for the house=$2,675x12=$32,100/$80K Purchase Price and $40K in repairs=$120,000 investment at 26.75%(ROI)
Last Agent to Sell the Property
Ronnie Brown-Walters
MW Properties Realty Group LLC Brokerage Email: ronnie_brown85@yahoo.com License #279683 Listed on: 07/06/2014
Last Buyer's Agent
Ronnie Brown-Walters
MW Properties Realty Group LLC Brokerage Email: ronnie_brown85@yahoo.com License #279683 Listed on: 07/06/2014
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,813
Year Built
- Built in 1930
Lot Details
- 0.51 Acre Lot
- Lot Dimensions are 98x166x250x36x117x25
Parking
- Driveway
Home Design
- Duplex
- Four Sided Brick Exterior Elevation
Interior Spaces
- 1,404 Sq Ft Home
- Insulated Windows
- Tile Flooring
- Crawl Space
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- Central Heating
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tenant pays for all utilities
- 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
Closed on
Jul 30, 2015
Sold by
Mw Properties Turn Key Investments Llc
Bought by
Blr Investments Llc
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 |
|---|---|---|---|---|
| 10/14/2014 10/14/14 | Sold | $75,000 | -16.7% | $53 / Sq Ft |
| 09/19/2014 09/19/14 | Pending | -- | -- | -- |
| 07/06/2014 07/06/14 | For Sale | $90,000 | -- | $64 / 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
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3019741
APN: 145-179-16
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