NOT LISTED FOR SALE

344 S Torrence St Unit 3 Charlotte, NC 28204

Cherry Neighborhood

Estimated Value: $846,000 - $941,000

3 Beds
3.5 Baths
2,091 Sq Ft
$425/Sq Ft Est. Value

Last Sold March 14, 2019

Last sale price $556,800 $266 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,373/month

106 Days on Market

Highlights

  • Under Construction
  • City View
  • Arts and Crafts Architecture
  • Myers Park High Rated A
  • Open Floorplan
  • 2-minute walk to Cherry Park

About This Home

As of March 2019

New craftsman style townhome with great skyline views. Beautifully appointed with hardwood floors, gas fireplace, built-ins, stacked cabinets in the kitchen, crown molding, and an open floor plan. Includes structured wiring and prewired for security system. Close proximity to the greenway, Metropolitan shops and restaurants, and uptown.

Last Agent to Sell the Property

Kim Claxton

SaussyBurbank Brokerage Email: kim.claxton@saussyburbank.com License #198309 Listed on: 10/18/2018

Last Buyer's Agent

Peggy Peterson

Corcoran HM Properties License #22813

Corcoran HM Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,665

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 37x77x33x60
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Arts and Crafts Architecture
  • Property Attached
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Gas Fireplace
  • Family Room with Fireplace
  • City Views
  • Pull Down Stairs to Attic
  • Electric Dryer Hookup

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Eco-Friendly Details

  • Fresh Air Ventilation System

Schools

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

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Metropolitan Towns Condos
  • Built by Saussy Burbank
  • Cherry Subdivision, Met Towns 3 Floorplan

Listing and Financial Details

  • Assessor Parcel Number 12522464

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,665

Year Built

Built in 2019 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Arts and Crafts
  • Year Built: 2019
  • Proposed Completion Date: 2019-02-22
  • Road Surface Type: Concrete
  • Unit Levels: Three
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 266.28
  • Bedroom Lower: 1
  • Attribution Contact: kim.claxton@saussyburbank.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Built-in Features, Cable Prewire, Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • Lower Level Sq Ft: 429
  • Main Level Sq Ft: 831
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 831
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Exhaust Hood, Gas Oven, Gas Range, Microwave, Plumbed For Ice Maker
  • Above Grade Finished Sq Ft: 2091
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Family Room, Gas Log, Gas Vented
  • Living Area: 2091
  • Bedroom Main: 0
  • Room Count: 10
  • Sq Ft Other: 0

Exterior Features

  • New Construction: Yes
  • Construction Type: Site Built
  • View: City
  • Construction Type: Brick Partial, Fiber Cement

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached Garage

Utilities

  • Heating: Central, Forced Air, Fresh Air Ventilation, Heat Pump, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Upper Level
  • Security: Carbon Monoxide Detector(s)
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Complex Name: Metropolitan Towns
  • Association: Yes

Schools

  • Middle Or Junior School: Alexander Graham
  • HOA Subject To: Required

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.07
  • Lot Size Units: Acres
  • Parcel Number: 12522464
  • Plat Reference Section Pages: 808
  • Land Included Yn: 1
  • Development Status: Under Construction
  • Lot Size Acres: 0.07
  • Lot Size: 37x77x33x60
  • Lot Size Sq Ft: 3049
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-22MF

Green Features

  • Green Verification Count: 1

Building Info

  • Builder Name: Saussy Burbank

Rental Info

  • Pets Allowed: Yes

MLS Schools

  • Elementary School: Eastover
  • High School: Myers Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2023
Sold by
Reed Dana Speight and Reed Charles Vandeveer
Bought by
Bowa Lee and Bowa Shashank Suresh
Current Estimated Value
$887,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Outstanding Balance
$579,695
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$312,818

Purchase Details

Listed on
Oct 18, 2018
Closed on
Mar 14, 2019
Sold by
Carolina Cottage Homes Llc
Bought by
Vandeveer Reed Dana Speight and Vandeveer Reed Jr Charles
Seller's Agent
Kim Claxton
SaussyBurbank
Buyer's Agent
Peggy Peterson
Corcoran HM Properties
List Price
$550,000
Sold Price
$556,800
Premium/Discount to List
$6,800
1.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%
Original Mortgage
$418,600
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bowa Lee $800,000 Morehead Title
Vandeveer Reed Dana Speight $557,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowa Lee $640,000
Previous Owner Reed Charles Vandeveer $307,000
Previous Owner Vandeveer Reed Dana Speight $418,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2019 03/14/19 Sold $556,800 +1.2% $266 / Sq Ft
02/01/2019 02/01/19 Pending -- -- --
10/18/2018 10/18/18 For Sale $550,000 -- $263 / 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 $5,665 $753,400 $315,000 $438,400
2022 $5,506 $557,600 $228,000 $329,600
2021 $5,495 $557,600 $228,000 $329,600
2020 $5,488 $523,600 $228,000 $295,600
2019 $5,053 $523,600 $228,000 $295,600
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3444851

Canopy MLS (Canopy Realtor® Association)

APN: 125-224-64