NOT LISTED FOR SALE

404 N Laurel Ave Unit 31 Charlotte, NC 28204

Elizabeth Neighborhood

Estimated Value: $308,000 - $351,000

1 Bed
1 Bath
1,139 Sq Ft
$285/mo HOA Fee

Last Sold April 09, 2024

Last sale price $340,000 $299 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,281/month

5 Days on Market

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • Lawn
  • Myers Park High Rated A
  • Wood Flooring
  • Built-In Features

About This Home

As of April 2024

With its modern industrial vibe, this condo in Elizabeth Lofts is too good to miss! Open floor plan, flooded w/ natural light with floor to ceiling windows (w/ motorized blinds) is a show stopper upon entry. Updated kitchen w/granite countertops, ss appliances, under cabinet lighting, & lots of cabinets overlook the spacious great room & dining area w/ high ceilings & exposed duct work. Wide plank hardwood floors run throughout the first floor. Gorgeous updated bathroom w/ custom tile shower, concrete counter tops, & dual vanity lead to a WIC with custom shelving. Laundry closet w/ like new washer & dryer. Upstairs features a loft style bedroom w/ built-in storage & desk. Community includes outdoor courtyard w/ grill, gated parking deck with assigned spot, visitor parking spaces, & secure access to building & elevators. The location of this condo is the cherry on top...five minute walk to Charlotte's hottest restaurants (Crunkleton, Rosemont & Puerta), Starbucks & MADabolic gym.

Last Agent to Sell the Property

Kelly Watson

Realty ONE Group Select Brokerage Email: kswrealestate@hotmail.com License #267427 Listed on: 02/20/2024

Realty ONE Group Select

Last Buyer's Agent

Sarah Szczodrowski

Dickens Mitchener & Associates Inc License #263789

Dickens Mitchener & Associates Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,195

Year Built

  • Built in 1998

Lot Details

  • Lawn

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Electric Gate
  • Parking Lot
  • 1 Assigned Parking Space

Home Design

  • Slab Foundation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 127-094-52

Community Details

Overview

  • Cedar Managment Association
  • Mid-Rise Condominium
  • Elizabeth Lofts Condos
  • Elizabeth Lofts Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,195

Year Built

Built in 1998

Lot Details

0

HOA Fees

$285 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Year Built: 1998
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 298.51
  • Property Sub Type Additional: Mid-Rise
  • Geocode Confidence: Medium
  • Attribution Contact: kswrealestate@hotmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 3
  • Fireplace: No
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Built-in Features, Open Floorplan, Vaulted Ceiling(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 835
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 304
  • Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1139
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 1139
  • Bedroom Main: 0
  • Room Count: 6

Exterior Features

  • Exterior Features: Elevator, Lawn Maintenance
  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Assigned, Electric Gate, Garage Door Opener, Parking Deck, Parking Garage, Parking Lot, Parking Space(s)
  • Assigned Spaces: 1

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: In Unit, Laundry Closet
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Elevator, Picnic Area
  • Association Fee: 285
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Elizabeth Lofts
  • Senior Community: No
  • Association Name: Cedar Managment
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 3420.00

Schools

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

Lot Info

  • Parcel Number: 127-094-52
  • Land Included Yn: 0
  • Zoning Specification: O3CD

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2024
Closed on
Mar 28, 2024
Sold by
Sarago Stephanie
Bought by
Averbuch Sarah and Averbuch Dana B
Seller's Agent
Kelly Watson
Realty ONE Group Select
Buyer's Agent
Sarah Szczodrowski
Dickens Mitchener & Associates Inc
List Price
$340,000
Sold Price
$340,000
Views
72
Current Estimated Value
$328,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,806
Avg. Annual Appreciation
-2.81%
Original Mortgage
$170,000
Outstanding Balance
$168,240
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$159,954

Purchase Details

Listed on
Mar 11, 2022
Closed on
Mar 25, 2022
Sold by
Joseph Berry
Bought by
Sarago Stephanie
Seller's Agent
Thomas Elrod
Keller Williams Ballantyne Area
Buyer's Agent
Lea Breedlove
Realty ONE Group Select
List Price
$285,000
Sold Price
$317,000
Premium/Discount to List
$32,000
11.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.51%
Original Mortgage
$294,500
Interest Rate
2.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2014
Sold by
Fannie Mae
Bought by
Berry Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2013
Sold by
Ingle Grady I and Ells Elizabeth B
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 27, 2004
Sold by
Rivers Drew C
Bought by
Berry Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2001
Sold by
Moore Susan W
Bought by
Rivers Drew C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,650
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 1998
Sold by
Saunders Monte and Saunders David Montgomery
Bought by
Moore Susan W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,585
Interest Rate
6.37%
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
Averbuch Sarah $340,000 Tryon Title
Sarago Stephanie $317,000 Mcnaught & Clements Pllc
Berry Joseph -- None Available
Federal National Mortgage Association $150,475 None Available
Berry Chris $155,000 --
Rivers Drew C $145,000 --
Moore Susan W $134,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Averbuch Sarah $170,000
Previous Owner Sarago Stephanie $294,500
Previous Owner Berry Joseph $131,720
Previous Owner Berry Joseph $133,000
Previous Owner Berry Christopher R $33,800
Previous Owner Berry Christopher R $20,000
Previous Owner Berry Christopher R $156,000
Previous Owner Berry Chris $124,800
Previous Owner Rivers Drew C $137,000
Previous Owner Rivers Drew C $137,650
Previous Owner Moore Susan W $127,585
Closed Berry Chris $31,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2024 04/09/24 Sold $340,000 0.0% $299 / Sq Ft
02/22/2024 02/22/24 For Sale $340,000 +7.3% $299 / Sq Ft
03/30/2022 03/30/22 Sold $317,000 +11.2% $299 / Sq Ft
03/11/2022 03/11/22 For Sale $285,000 -- $269 / 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 $2,195 $293,193 $0 $293,193
2022 $1,707 $172,800 $0 $172,800
2021 $1,707 $172,800 $0 $172,800
2020 $1,707 $172,800 $0 $172,800
2019 $1,701 $172,800 $0 $172,800
2018 $1,863 $139,900 $55,000 $84,900
2017 $1,835 $139,900 $55,000 $84,900
2016 $1,831 $139,900 $55,000 $84,900
2015 $1,828 $139,900 $55,000 $84,900
2014 $1,836 $139,900 $55,000 $84,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4111041

Canopy MLS (Canopy Realtor® Association)

APN: 127-094-52