NOT LISTED FOR SALE

404 N Laurel Ave Unit 32 Charlotte, NC 28204

Elizabeth Neighborhood

Estimated Value: $332,000 - $375,000

1 Bed
1 Bath
1,262 Sq Ft
436 Sq Ft Lot

Last Sold September 27, 2019

Last sale price $243,000 $193 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,196/month

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • Furnished
  • Myers Park High Rated A
  • Wood Flooring
  • Kitchen Island

About This Home

As of July 2023

Beautiful, rare, penthouse loft for rent located in highly sought after Elizabeth. This condo is fully furnished but if you would like to add some of your own furniture that is an option. The condos open layout and high ceilings make it the perfect home to entertain in. This unit features hardwood floors, updated quartz countertops in the kitchen and bathroom, stainless steel appliances, and much more. The upstairs bedroom loft area is big enough to be used for multiple purposes. This condo faces a tree lined area across the back of the property and you would never know you are so close to everything! Gated garage parking space included and guest spots located on the property. Come see this amazing condo today and make it your next home!

Last Agent to Rent the Property

Matt Moorcones

Keller Williams South Park License #267402 Listed on: 06/27/2023

Keller Williams South Park

Last Renter's Agent

Olivia Bersin

Brandon Lawn Real Estate LLC License #318828

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,539

Year Built

  • Built in 1998

Lot Details

  • 436

Parking

  • 1 Car Garage
  • On-Street Parking
  • Parking Garage Space
  • 3 Open Parking Spaces

Home Design

  • Loft

Interior Spaces

  • 4-Story Property
  • Open Floorplan
  • Furnished
  • Vaulted Ceiling
  • Wood Flooring

Kitchen

  • Oven
  • Electric Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Cable TV Available

Community Details

  • Elizabeth Lofts Condos
  • Elizabeth Subdivision

Listing and Financial Details

  • Security Deposit $2,300
  • Property Available on 6/29/23
  • Tenant pays for all except water
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 127-094-53

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,539

Year Built

Built in 1998

Lot Details

0

Parking

1

Rental Info

  • Tenant Pays: All except water
  • Furnished: Furnished
  • Pets Allowed: Conditional
  • Smoking Allowed Yn: 0
  • Lease Term: 12 Months
  • Available Date: 2023-06-29
  • Security Deposit: 2300

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 1998
  • Unit Levels: Four
  • ResoPropertyType: ResidentialLease
  • Ratio CurrentPrice/TotalPropertyHLA: 1.82
  • Property Sub Type Additional: Loft
  • Geocode Confidence: Medium
  • Special Features: None

Interior Features

  • Entry Level: 3
  • Flooring: Carpet, Wood
  • Interior Amenities: Kitchen Island, Open Floorplan, Vaulted Ceiling(s)
  • Main Level Sq Ft: 944
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 318
  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Oven, Refrigerator, Washer, Washer/Dryer
  • Above Grade Finished Sq Ft: 1262
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 1262
  • Bedroom Main: 0
  • Room Count: 2

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: On Street, Parking Garage

Utilities

  • Heating: Electric
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Utilities: Cable Available
  • Water Source: City

Condo/Co-op/Association

  • Complex Name: Elizabeth Lofts
  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Area: 0.01
  • Lot Size Units: Acres
  • Parcel Number: 127-094-53
  • ResoLotSizeUnits: Acres
  • Zoning Specification: O3CD

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2025
Sold by
Magolnick Jonathan David and Padilla Bianca Loren
Bought by
Jonathan Magolnick Revocable Living Trust and Bianca Padilla Revocable Living Trust
Current Estimated Value
$359,204

Purchase Details

Listed on
Aug 19, 2019
Closed on
Sep 27, 2019
Sold by
Peck Kelly M and Peck Kristina
Bought by
Padillia Biancaloren and Padillia David Jonathan
Seller's Agent
Bobby Sisk
Nestlewood Realty, LLC
Buyer's Agent
Courtney Cherry
Realty ONE Group Select
List Price
$249,900
Sold Price
$243,000
Premium/Discount to List
-$6,900
-2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$194,400
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2007
Sold by
Balasco Alexander T
Bought by
Peck Kelly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,800
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2004
Sold by
Galloway Michael A
Bought by
Balasco Alexander T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2002
Sold by
Joseph Michael C and Joseph Sheri L
Bought by
Galloway Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 1998
Sold by
The Boulevard At Elizabeth Lofts Llc
Bought by
Klutts J Vaughn and Klutts Vicki
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jonathan Magolnick Revocable Living Trust -- None Listed On Document
Jonathan Magolnick Revocable Living Trust -- None Listed On Document
Padillia Biancaloren $240,000 None Available
Peck Kelly M $218,000 Master Title Agency Llc
Balasco Alexander T $172,000 --
Galloway Michael A $155,000 --
Klutts J Vaughn $139,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Padillia Biancaloren $194,400
Previous Owner Peck Kelly M $190,800
Previous Owner Balasco Alexander T $137,600
Previous Owner Galloway Michael A $124,000
Closed Galloway Michael A $15,500
Closed Balasco Alexander T $34,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Rented $2,300 0.0% --
06/27/2023 06/27/23 For Rent $2,300 0.0% --
09/27/2019 09/27/19 Sold $243,000 -2.8% $188 / Sq Ft
08/27/2019 08/27/19 Pending -- -- --
08/19/2019 08/19/19 For Sale $249,900 0.0% $194 / Sq Ft
08/15/2014 08/15/14 Rented $1,075 -17.3% --
07/12/2014 07/12/14 Under Contract -- -- --
05/16/2014 05/16/14 For Rent $1,300 -- --
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 $2,539 $328,776 $0 $328,776
2022 $1,945 $197,500 $0 $197,500
2021 $1,945 $197,500 $0 $197,500
2020 $1,906 $197,500 $0 $197,500
2019 $1,939 $197,500 $0 $197,500
2018 $2,022 $152,000 $55,000 $97,000
2017 $1,991 $152,000 $55,000 $97,000
2016 $1,988 $152,000 $55,000 $97,000
2015 $1,984 $152,000 $55,000 $97,000
2014 $1,991 $152,000 $55,000 $97,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4044325

Canopy MLS (Canopy Realtor® Association)

APN: 127-094-53