NOT LISTED FOR SALE

404 N Laurel Ave Unit 12 Charlotte, NC 28204

Elizabeth Neighborhood

Estimated Value: $310,000 - $335,806

1 Bed
1 Bath
1,018 Sq Ft
$356/mo HOA Fee

Last Sold April 25, 2025

Last sale price $328,000 $322 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,267/month

5 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Intercom
  • Myers Park High Rated A
  • 1 Car Attached Garage
  • Walk-In Closet

About This Home

As of April 2025

Large, light-filled corner unit nestled in the historic Elizabeth neighborhood. 10 ft ceilings, huge windows, beautiful kitchen, and plenty of open space for living, dining, and a workspace. Large walk-in closet and huge bathroom. Located on the southeast edge of uptown Charlotte, Elizabeth is minutes to multiple restaurants and shops, and within close proximity to both Novant and Atrium hospitals, greenway access, and the Plaza Midwood neighborhood. Recent updates include refinished hardwood floors, new water heater (2024), new paint, lighting fixtures and new appliances. No feature overlooked. Easy and convenient first floor but elevated from street level.

Last Agent to Sell the Property

Beverly Newell

5 Points Realty Brokerage Email: beverly@beverlynewell.com License #275648 Listed on: 03/19/2025

Last Buyer's Agent

Nitin Aggarwal

Nitro Realty Group LLC License #312693

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,296

Year Built

  • Built in 1998

Lot Details

  • 1.02

HOA Fees

  • $356 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Electric Gate
  • 1 Open Parking Space
  • 1 Assigned Parking Space

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Insulated Windows
  • Entrance Foyer
  • Intercom
  • Basement

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Key Community Management Association, Phone Number (704) 321-1556
  • Mid-Rise Condominium
  • Elizabeth Lofts Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 127-094-33

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,296

Year Built

Built in 1998

Lot Details

0

HOA Fees

$356 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1998
  • Special Assessment Yn: 0
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 322.20
  • Property Sub Type Additional: Mid-Rise
  • Geocode Confidence: High
  • Attribution Contact: beverly@beverlynewell.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Fireplace: No
  • Flooring: Tile, Wood
  • Interior Amenities: Entrance Foyer, Kitchen Island, Open Floorplan, Storage, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1018
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 24
  • Sq Ft Unheated Total: 24
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer, Washer/Dryer
  • Above Grade Finished Sq Ft: 1018
  • Has Basement: Other
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 1018
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Room Count: 1

Exterior Features

  • Exterior Features: Elevator, Storage
  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Partial

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Assigned, Electric Gate, Attached Garage
  • Assigned Spaces: 1

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: In Bathroom
  • Security: Intercom
  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 356
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Key Community Management
  • Phone: 704-321-1556
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 4272.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Parcel Number: 127-094-33
  • Land Included Yn: 0
  • Additional Parcels: No
  • Zoning Specification: O-3 (CD)

Rental Info

  • Pets Allowed: Conditional

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2025
Closed on
Apr 25, 2025
Sold by
Prokay Karah
Bought by
Bandaru Risha
Seller's Agent
Beverly Newell
5 Points Realty
Buyer's Agent
Nitin Aggarwal
Nitro Realty Group LLC
List Price
$339,000
Sold Price
$328,000
Premium/Discount to List
-$11,000
-3.24%
Views
11
Current Estimated Value
$325,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,298
Avg. Annual Appreciation
-1.79%
Original Mortgage
$262,400
Outstanding Balance
$261,471
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$64,231

Purchase Details

Listed on
Sep 20, 2017
Closed on
Dec 18, 2017
Sold by
Tri Thuy and Tri Michael L
Bought by
Prokay Karah
Seller's Agent
Jerry Keefe
South CLT Realty
Buyer's Agent
Catherine Metze
Howard Hanna Allen Tate Southpark
List Price
$200,000
Sold Price
$209,000
Premium/Discount to List
$9,000
4.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.32%
Original Mortgage
$188,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2005
Sold by
Eisenhauer Anthony W
Bought by
Vu Thuy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,200
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 20, 2004
Sold by
Mcdonald Douglas Leigh
Bought by
Eisenhauer Anthony W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,710
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 1998
Sold by
The Boulevard At Elizabeth Lofts Llc
Bought by
Mcdonald Douglas Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,985
Interest Rate
7.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Bandaru Risha $328,000 None Listed On Document
Bandaru Risha $328,000 None Listed On Document
Prokay Karah $209,000 Barristers Title Services Of
Vu Thuy $157,000 Colonial
Eisenhauer Anthony W $143,000 --
Mcdonald Douglas Leigh $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bandaru Risha $262,400
Closed Bandaru Risha $262,400
Previous Owner Prokay Karah $182,250
Previous Owner Prokay Karah $188,000
Previous Owner Vu Thuy $125,200
Previous Owner Vu Thuy $31,300
Previous Owner Eisenhauer Anthony W $138,710
Previous Owner Mcdonald Douglas Leigh $117,985
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Sold $328,000 -3.2% $322 / Sq Ft
03/24/2025 03/24/25 Pending -- -- --
03/19/2025 03/19/25 For Sale $339,000 +62.2% $333 / Sq Ft
12/19/2017 12/19/17 Sold $209,000 +4.5% $201 / Sq Ft
10/31/2017 10/31/17 Pending -- -- --
09/20/2017 09/20/17 For Sale $200,000 0.0% $192 / Sq Ft
04/21/2014 04/21/14 Rented $1,100 0.0% --
04/14/2014 04/14/14 Under Contract -- -- --
03/12/2014 03/12/14 For Rent $1,100 -- --
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 $2,296 $296,696 -- $296,696
2024 $2,296 $296,696 -- $296,696
2023 $2,296 $296,696 $0 $296,696
2022 $1,929 $195,800 $0 $195,800
2021 $1,929 $195,800 $0 $195,800
2020 $1,929 $195,800 $0 $195,800
2019 $1,923 $195,800 $0 $195,800
2018 $1,888 $141,800 $55,000 $86,800
2017 $1,859 $141,800 $55,000 $86,800
2016 $1,856 $141,800 $55,000 $86,800
2015 $1,852 $141,800 $55,000 $86,800
2014 $1,860 $141,800 $55,000 $86,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4235419

Canopy MLS (Canopy Realtor® Association)

APN: 127-094-33