$665,000
SOLD APR 10, 2023
0.39 Acre
$1,705,128 Price per Acre
16,988 Sq Ft Lot

Recently Sold

$410 Per Sq Ft

16% Above List Price

1 Day on Market

About This Lot

As of May 2024

Charming Cotswold home is truly a diamond in the rough! Wonderful opportunity to make this home your own with a full renovation. Amazing, flat and level lot with fabulous potential to build your dream home. One of the hottest streets in Charlotte with a nice mix of established homes and high end new construction! Within close walking distance to Cotswold Shopping Center and all things great in the Queen City!

Last Agent to Sell the Property

Amie Lam

Stephen Cooley Real Estate License #268637 Listed on: 03/16/2023

Last Buyer's Agent

Anthony Moore

Pike Realty LLC License #220488

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,172

Lot Details

  • Back Yard Fenced
  • Level Lot
  • Possible uses of the property include Residential
  • Property is zoned R3, R-3

Schools

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

Utilities

  • Cable TV Available

Community Details

  • Cotswold Subdivision

Listing and Financial Details

  • Assessor Parcel Number 157-121-22

Property Details

Property Type

Land

Est. Annual Taxes

$4,172

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: Yes
  • Restrictions: Other - See Remarks
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Fencing: Back Yard, Fenced

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Alexander Graham
  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.39
  • Lot Size Units: Acres
  • Parcel Number: 157-121-22
  • Zoning: R-3
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R3

MLS Schools

  • Elementary School: Cotswold
  • High School: Myers Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
May 22, 2024
Sold by
Pike Development Company Llc
Bought by
Wright-Owens Laura and Owens David
Seller's Agent
Kaylin Morris
Pike Realty LLC
Buyer's Agent
Cat Long
COMPASS
List Price
$2,370,000
Sold Price
$2,370,000
Views
4
Current Estimated Value
$2,560,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,696
Avg. Annual Appreciation
6.13%
Original Mortgage
$766,000
Outstanding Balance
$755,960
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$1,804,736

Purchase Details

Listed on
Mar 16, 2023
Closed on
Apr 10, 2023
Sold by
Frank Collins Llc
Bought by
Pike Development Company Llc
Seller's Agent
Amie Lam
Stephen Cooley Real Estate
Buyer's Agent
Anthony Moore
Pike Realty LLC
List Price
$575,000
Sold Price
$665,000
Premium/Discount to List
$90,000
15.65%
Views
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
211.02%
Original Mortgage
$669,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2013
Sold by
Runkle William N and Runkle Martha M
Bought by
Frank Collins Llc

Purchase Details

Closed on
Nov 16, 2009
Sold by
Insley Marshall E
Bought by
Runkle William N and Runkle Martha M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,837
Interest Rate
4.92%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 18, 2004
Sold by
Davis John Mccarley and Davis Lise Campbell
Bought by
Insley Marshall E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,200
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2001
Sold by
Willette Bruce R
Bought by
Davis John Mccarley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,200
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Special Warranty Deed $2,375,000 None Listed On Document
Warranty Deed $665,000 Chicago Title
Warranty Deed $367,000 None Available
Warranty Deed $285,000 Attorneys Title
Warranty Deed $276,500 --
Warranty Deed $191,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $766,000 New Conventional
Previous Owner $1,117,000 Construction
Previous Owner $669,000 New Conventional
Previous Owner $275,000 Adjustable Rate Mortgage/ARM
Previous Owner $279,837 FHA
Previous Owner $221,200 Purchase Money Mortgage
Previous Owner $43,000 Credit Line Revolving
Previous Owner $154,000 Unknown
Previous Owner $153,200 Purchase Money Mortgage
Previous Owner $500,000 Unknown
Previous Owner $61,000 Credit Line Revolving
Closed $27,650 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Sold $2,370,000 0.0% $490 / Sq Ft
01/02/2024 01/02/24 Pending -- -- --
01/02/2024 01/02/24 For Sale $2,370,000 +256.4% $490 / Sq Ft
04/10/2023 04/10/23 Sold $665,000 +15.7% $410 / Sq Ft
03/16/2023 03/16/23 For Sale $575,000 -- $355 / 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 $4,172 $1,938,200 $551,000 $1,387,200
2024 $4,172 $551,000 $551,000 --
2023 $5,475 $727,500 $551,000 $176,500
2022 $4,818 $486,300 $365,800 $120,500
2021 $4,807 $486,300 $365,800 $120,500
2020 $4,800 $486,300 $365,800 $120,500
2019 $4,784 $486,300 $365,800 $120,500
2018 $3,659 $273,300 $170,000 $103,300
2017 $3,601 $273,300 $170,000 $103,300
2016 -- $273,300 $170,000 $103,300
2015 $3,580 $273,300 $170,000 $103,300
2014 $3,572 $292,200 $170,000 $122,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4011551

Canopy MLS (Canopy Realtor® Association)

APN: 157-121-22