NOT LISTED FOR SALE

348 Magnolia Ave Unit TH20 Charlotte, NC 28203

Dilworth Neighborhood

Estimated Value: $711,000 - $810,000

3 Beds
2.5 Baths
1,783 Sq Ft
$297/mo HOA Fee

Last Sold October 15, 2020

Last sale price $537,500 $301 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,880/month

Highlights

  • Open Floorplan
  • Transitional Architecture
  • Corner Lot
  • Dilworth Elementary School: Latta Campus Rated A-
  • Wood Flooring
  • Lawn

About This Home

As of October 2020

INCREDIBLE OPPORTUNITY to enjoy ONE OF ONLY TWO fabulous OPEN CONCEPT units in the Southborough Condos! Flexible Foyer entry area opens to private Garage (w/huge storage closet!) & stairway to main living level. Gleaming wood flooring throughout home!! Great living space on main level (listed as Upper Level) with Kitchen/Breakfast open to awesome Living & Dining Rooms. 10' ceilings give the space an elegant feel! Cozy LR w/gas log fp opens to charming balcony where you can sit & watch the Dilworth world go by! Kitchen has plentiful cabinetry, center island, granite countertops & stainless appliances. Open concept perfect for casual living & entertaining! Upstairs (listed as Third Level) you'll find awesome Master Bedroom & Bath, Laundry closet (washer & dryer to remain!, 2 add'l BR's and Hall Bath. Front BR has volume ceiling + corner window nook - so charming! All this + an unbeatable DILWORTH LOCATION close to Uptown, Southend, parks, greeenways, dining opps & more!

Last Agent to Sell the Property

Maureen Regele

Bon Maison Properties, Inc. License #208684 Listed on: 08/27/2020

Last Buyer's Agent

Katie Harrison

Ivester Jackson Distinctive Properties License #249921

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2009

Lot Details

  • 2.63

HOA Fees

  • $297 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Insulated Windows
  • Kitchen Island

Flooring

  • Wood
  • Tile

Additional Features

  • Lawn
  • Cable TV Available

Community Details

  • Cams Association, Phone Number (704) 731-5628

Listing and Financial Details

  • Assessor Parcel Number 121-061-43

Property Details

Home Type

Condominium

Year Built

Built in 2009

Lot Details

0

HOA Fees

$297 per month

Parking

1

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 3 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 301.46
  • Unit Floor Level: 1
  • Year Built: 2009
  • Special Features: None
  • Stories: 3

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 771
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), CO Detector, Dishwasher, Disposal, Dryer, Gas Oven, Gas Range, Ice Maker Connection, Microwave, Refrigerator, Washer
  • Fireplace Description: Gas Logs, Living Room
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • H O A Management Phone: 704-731-5628
  • Interior Amenities: Attic Other, Built-Ins, Cable Available, Kitchen Island, Open Floorplan, Pantry
  • Laundry Location: Third
  • Room Count: 3
  • Main Level Sq Ft: 191
  • Third Level Sq Ft: 821
  • Total Sq Ft: 1783
  • Sq Ft Unheated Main: 360
  • Sq Ft Unheated Total: 360

Exterior Features

  • Construction: Brick Partial, Fiber Cement
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Lawn Maintenance

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Back Load Garage, Garage - 1 Car, Garage Door Opener, On-Street Parking

Utilities

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

Condo/Co-op/Association

  • Association Fee: 297.00
  • Association Fee Frequency: Monthly
  • Complex Name: Southborough
  • HOA Management Company: CAMS
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Dilworth Latta Campus/Dilworth Sedgefield Campus
  • Middle School: Sedgefield
  • High School: Myers Park

Lot Info

  • Lot Features: Corner Lot
  • Parcel Number: 121-061-43
  • Zoning Specification: MUDDO

Tax Info

  • Tax Value: 407800.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Oct 15, 2020
Sold by
Mabe Michael K and Mabe Kristen M
Bought by
Dantuluri Keerti
Seller's Agent
Maureen Regele
Bon Maison Properties, Inc.
Buyer's Agent
Katie Harrison
Ivester Jackson Distinctive Properties
List Price
$537,500
Sold Price
$537,500
Total Days on Market
0
Current Estimated Value
$756,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,707
Avg. Annual Appreciation
7.02%
Original Mortgage
$509,900
Outstanding Balance
$461,651
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$274,811

Purchase Details

Closed on
Feb 27, 2012
Sold by
Lopez Daniel E and Zhang Tian Quan
Bought by
Warmbold Kristin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,775
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2009
Sold by
Southborough Llc
Bought by
Lopez Daniel E and Zhang Tian Quan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,250
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Dantuluri Keerti $537,500 Harbor City Title
Warmbold Kristin M $327,000 None Available
Lopez Daniel E $372,500 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dantuluri Keerti $509,900
Previous Owner Warmbold Kristin M $219,775
Previous Owner Lopez Daniel E $335,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $537,500 0.0% $301 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $537,500 -- $301 / 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 $4,061 $614,408 $0 $614,408
2022 $4,061 $407,800 $0 $407,800
2021 $4,050 $407,800 $0 $407,800
2020 $4,042 $407,800 $0 $407,800
2019 $4,027 $407,800 $0 $407,800
2018 $3,338 $248,800 $65,000 $183,800
2017 $3,283 $248,800 $65,000 $183,800
2016 $3,274 $248,800 $65,000 $183,800
2015 $3,262 $248,800 $65,000 $183,800
2014 $3,235 $248,800 $65,000 $183,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3655325

Canopy MLS (Canopy Realtor® Association)

APN: 121-061-43