NOT LISTED FOR SALE

3900 Litchfield Rd Unit 1 Charlotte, NC 28211

Cotswold Neighborhood

Estimated Value: $5,844,781

5.3 Acres
$1,102,789 Price per Acre
230,868 Sq Ft Lot

Last Sold January 29, 2024

Last sale price $5,350,000

Est. 9% increase in value since last sale

Current estimated payment $32,939/month

21 Days on Market

Highlights

  • 5.3 Acre Lot
  • Wooded Lot
  • Access to stream, creek or river
  • Myers Park High Rated A
  • No HOA
  • Paved or Partially Paved Lot

About This Lot

As of January 2024

Amazing, rare building opportunity in Cotswold area in Charlotte city limits, zoned R12-MF, Up to 60 units with current zoning. Level parcel mostly cleared. 35ft swim buffer along back lot line perfect for city required tree save. Marketing package being developed including initial architectural review approximately two weeks from marketing date. Existing structure is "No Value" but is in good condition if needed for any reason.

Last Agent to Sell the Property

John DiCristo

Ivester Jackson Distinctive Properties Brokerage Email: jdicristo@ivesterjackson.com License #220207 Listed on: 07/08/2022

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,844

Lot Details

  • 5.3 Acre Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Possible uses of the property include Multi-Family
  • Property is zoned R12MF, MF

Listing and Financial Details

  • Assessor Parcel Number 157-152-53

Community Details

Overview

  • No Home Owners Association
  • Amity Court Subdivision

Recreation

  • Access to stream, creek or river

Property Details

Property Type

Land

Est. Annual Taxes

$13,844

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: Yes
  • Restrictions: Other - See Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Attribution Contact: jdicristo@ivesterjackson.com
  • Special Features: None

Interior Features

  • Foundation Details: None
  • Possible Use: Multi-Family
  • Room Count: 0

Exterior Features

  • Exterior Features: Other - See Remarks
  • Waterfront Features: None
  • Other Structures: None

Garage/Parking

  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Level, Other - See Remarks, Paved, Creek/Stream, Wooded
  • Lot Size Area: 5.3
  • Lot Size Units: Acres
  • Parcel Number: 157-152-53
  • Zoning: MF
  • Can Be Subdivided: 1
  • Lot Size Acres: 5.3
  • Lot Size Sq Ft: 230868
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R12MF

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2025
Sold by
Ag Ehc Ii Emp Multi State 2 Llc
Bought by
Ehc Homes Lp
Current Estimated Value
$5,844,781

Purchase Details

Listed on
Jul 8, 2022
Closed on
Jan 29, 2024
Sold by
Excelsior Lodge 261 Af And Am
Bought by
Ag Ehc H Emp Multi State 2 Llc
Seller's Agent
John DiCristo
Ivester Jackson Distinctive Properties
Buyer's Agent
Non Member
Canopy Administration
List Price
$5,300,000
Sold Price
$5,350,000
Premium/Discount to List
$50,000
0.94%
Views
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
4.57%

Purchase Details

Closed on
Jul 2, 1986
Bought by
Excelsior Lodge #261 A F & A M Charlotte
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
Ehc Homes Lp $845,000 None Listed On Document
Ag Ehc H Emp Multi State 2 Llc -- Chicago Title
Ag Ehc Ii Emp Multi State 2 Llc $5,350,000 Chicago Title
Excelsior Lodge #261 A F & A M Charlotte $210,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2024 01/29/24 Sold $5,350,000 +0.9% --
07/29/2022 07/29/22 For Sale $5,300,000 0.0% --
07/29/2022 07/29/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $5,300,000 -- --
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
2024 $13,844 $2,677,400 $2,255,800 $421,600
2023 $13,844 $2,677,400 $2,255,800 $421,600
2022 $13,844 $1,434,600 $1,077,600 $357,000
2021 $13,844 $1,434,600 $1,077,600 $357,000
2020 $13,844 $1,434,600 $1,077,600 $357,000
2019 $13,844 $1,434,600 $1,077,600 $357,000
2018 $0 $1,403,000 $923,500 $479,500
2017 -- $1,403,000 $923,500 $479,500
2016 -- $1,403,000 $923,500 $479,500
2015 -- $1,403,000 $923,500 $479,500
2014 -- $1,403,000 $923,500 $479,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3882293

Canopy MLS (Canopy Realtor® Association)

APN: 157-152-53