NOT LISTED FOR SALE

Estimated Value: $415,499 - $441,000

4 Beds
2 Baths
1,448 Sq Ft
$295/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $320,000 $221 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,615/month

About This Home

As of October 2021

Welcome to a wonderful opportunity in the Echo Hills neighborhood of South Charlotte! Each side of the brick duplex has two bedrooms and one bath with a kitchen and living room. The crawl space behind each unit offers significant storage. There is a large shared back yard. The home's location provides easy access to Wendover Road and Independence Boulevard. All remaining personal property in the units currently will remain with the property.

Last Agent to Sell the Property

Frank Bishop

Fathom Realty License #313437 Listed on: 08/27/2021

Fathom Realty

Last Buyer's Agent

Douglas Christen

Nestlewood Realty, LLC License #301328

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,841

Home Design

  • Duplex

Flooring

  • Wood
  • Vinyl

Additional Features

  • 2 Full Bathrooms
  • Crawl Space

Listing and Financial Details

  • Rent includes all utilities
  • Assessor Parcel Number 159-063-04

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ratio Close Price By List Price: 1.14286
  • Ratio Close Price By Original Li: 1.14286
  • Ratio Current Price By Acre: 1777777.78
  • Ratio Current Price By Sq Ft: 220.99
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Equipment: Electric Range
  • Flooring: Vinyl, Wood
  • Laundry Location: Main
  • Total Sq Ft: 1448

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete, Stone
  • Parking: Driveway

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimension: 50x162.5x50x162.5
  • Lot Features: Sloping
  • Lot Size Area: 0.180
  • Parcel Number: 159-063-04
  • Zoning Specification: R17MF

Rental Info

  • Rent Includes: All Utilities

Tax Info

  • Tax Value: 213200.00
  • Tax Location: Mecklenburg

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Sep 24, 2021
Sold by
Saba Teg Llc
Bought by
Pridgeon Monty and Chopin Jason
Seller's Agent
Frank Bishop
Fathom Realty
Buyer's Agent
Douglas Christen
Nestlewood Realty, LLC
List Price
$280,000
Sold Price
$320,000
Premium/Discount to List
$40,000
14.29%
Current Estimated Value
$426,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,500
Avg. Annual Appreciation
8.16%
Original Mortgage
$240,000
Outstanding Balance
$221,218
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$208,527

Purchase Details

Closed on
Feb 15, 2018
Sold by
Griffin Shirley H
Bought by
Saba Teg Llc

Purchase Details

Closed on
Jan 1, 1975
Bought by
Griffin Thomas Edward
Source: Public Records

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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
Pridgeon Monty $320,000 None Available
Saba Teg Llc -- None Available
Griffin Thomas Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pridgeon Monty $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $320,000 +14.3% $221 / Sq Ft
08/28/2021 08/28/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $280,000 -- $193 / 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
2023 $3,252 $418,300 $247,500 $170,800
2022 $2,222 $213,200 $90,000 $123,200
2021 $2,286 $213,200 $90,000 $123,200
2020 $2,272 $213,200 $90,000 $123,200
2019 $2,241 $213,200 $90,000 $123,200
2018 $2,104 $149,200 $55,000 $94,200
2017 $2,057 $149,200 $55,000 $94,200
2016 $2,038 $149,200 $55,000 $94,200
2015 $2,015 $149,200 $55,000 $94,200
2014 $1,994 $149,200 $55,000 $94,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3777820

Canopy MLS (Canopy Realtor® Association)

APN: 159-063-04