NOT LISTED FOR SALE

3518 Commonwealth Ave Charlotte, NC 28205

Commonwealth Park Neighborhood

Estimated Value: $804,000 - $1,099,000

4 Beds
3 Baths
2,602 Sq Ft
$370/Sq Ft Est. Value

Last Sold February 12, 2018

Last sale price $567,010 $218 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,449/month

68 Days on Market

About This Home

As of February 2018

An inspired renovation of a 4/3 home in Commonwealth Park, 5 min to Uptown. Features dreamy yard with large hardwoods,fenced rear that backs up to quiet creek. Stunning Master Suite was added on the main floor of original brick home. MBR features cathedral wood ceilings in BR and BA w/private deck, laundry off new kitchen. Downstairs includes Br,Ba, den, laundry (w/hookups for 2nd Kitchen) and garage. VACANT - click link http://tours.charlottevirtualhometours.com/33995?idx=1

Last Agent to Sell the Property

Jeff Beiser

Beiser Realty Group License #201530 Listed on: 10/04/2017

Last Buyer's Agent

Michelle Evans

Southern Way Homes Realty, LLC License #267882

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 0.48

Parking

  • Workshop in Garage
  • Gravel Driveway

Home Design

  • Cottage
  • Slab Foundation

Flooring

  • Wood
  • Tile

Attic

  • Pull Down Stairs to Attic

Additional Features

  • 3 Full Bathrooms
  • Lot Dimensions are 30x300
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 129-101-35

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0.48 Acres

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.95496
  • Ratio Close Price By Original Li: 0.95496
  • Ratio Current Price By Acre: 1181270.83
  • Ratio Current Price By Sq Ft: 217.91
  • Year Built: 1940
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), CO Detector, Cable Prewire, Cooktop Gas, Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Exhaust Fan, Ice Maker Connection, Microwave, g-Dual Flush Toilets, g-Low Flow Fixtures, Electric Oven
  • Fireplace Description: FAMILYRM
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Garage Shop
  • Laundry Location: Main, Basement
  • Room Count: 2
  • Sq Ft Basement: 792
  • Main Level Sq Ft: 1810
  • Total Sq Ft: 2602
  • Sq Ft Unheated Basement: 341
  • Sq Ft Unheated Total: 341

Exterior Features

  • Construction: Brick Partial, Fiber Cement
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 2 Car, Driveway, Garage - 1 Car

Utilities

  • Heating: Gas Hot Air Furnace, Gas Water Heater, Heat Pump - AC, Heat Pump - Heat, Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Lot Info

  • Lot Dimension: 30x300
  • Parcel Number: 129-101-35
  • Zoning Specification: R4

Tax Info

  • Tax Value: 159200.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2017
Closed on
Feb 12, 2018
Sold by
Bamwell Blvd Inc
Bought by
Sossamon Julie B and Sossamon Randy
Seller's Agent
Jeff Beiser
Beiser Realty Group
Buyer's Agent
Michelle Evans
Southern Way Homes Realty, LLC
List Price
$593,750
Sold Price
$567,010
Premium/Discount to List
-$26,740
-4.5%
Current Estimated Value
$962,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,910
Avg. Annual Appreciation
6.76%
Original Mortgage
$538,650
Outstanding Balance
$456,188
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$506,732

Purchase Details

Closed on
Jul 20, 2016
Sold by
Mires Kaaren J and Schultz Sean
Bought by
Barnwell Builders Inc

Purchase Details

Closed on
Jan 18, 2007
Sold by
Mires Kaaren J and Schultz Kaaren
Bought by
Schultz Sean and Schultz Kaaren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Sossamon Julie B $567,500 None Available
Barnwell Builders Inc $190,000 None Available
Schultz Sean -- Trinity Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sossamon Julie B $538,650
Previous Owner Schultz Sean $211,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2018 02/12/18 Sold $567,010 -4.5% $218 / Sq Ft
12/11/2017 12/11/17 Pending -- -- --
10/04/2017 10/04/17 For Sale $593,750 -- $228 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $5,268 $675,400 $225,000 $450,400
2024 $5,268 $675,400 $225,000 $450,400
2023 $5,093 $675,400 $225,000 $450,400
2022 $5,285 $534,700 $245,000 $289,700
2021 $5,274 $534,700 $245,000 $289,700
2020 $5,267 $534,700 $245,000 $289,700
2019 $5,251 $534,700 $245,000 $289,700
2018 $2,871 $213,200 $80,000 $133,200
2017 $2,823 $213,200 $80,000 $133,200
2016 $2,114 $159,200 $80,000 $79,200
2015 $2,103 $159,200 $80,000 $79,200
2014 $2,504 $190,100 $80,000 $110,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jeff Beiser

    Beiser Realty Group

    (704) 617-6700

    37 Total Sales

    Jeff Beiser
    Section Image

  • M

    Buyer's Agent in 2018

    Michelle Evans

    Southern Way Homes Realty, LLC

    (704) 634-9085

    42 Total Sales

    Michelle Evans
    Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3326207

Canopy MLS (Canopy Realtor® Association)

APN: 129-101-35

North Carolina Mecklenburg County Charlotte 28205 Commonwealth Park

3518 Commonwealth Ave, Charlotte, NC

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS (Canopy Realtor® Association) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.