$243,000
SOLD SEP 27, 2019

404 N Laurel Ave Unit 32 Charlotte, NC 28204

Elizabeth Neighborhood
1 Bed
1 Bath
1,290 Sq Ft
$255/mo HOA Fee

Recently Sold

$188 Per Sq Ft

3% Below List Price

7 Days on Market

Highlights

  • Gated Community
  • Open Floorplan
  • Wood Flooring
  • Myers Park High Rated A
  • Contemporary Architecture
  • Recreation Facilities

About This Home

As of September 2019

Stunning & spacious penthouse loft in the heart of Elizabeth. Open layout offers soaring ceilings in the great room/dining. Kitchen has new stainless appliances and quartzite countertops. Bathroom countertops also upgraded. Walk-in closet & stackable laundry. Bedroom/loft upstairs has room for a sleeping area, plus an office/sitting. Secure building with gated access. One assigned covered parking spot and extra spaces outside. Just down the street from all the shops/restaurants of Elizabeth with easy access to Plaza Midwood and Uptown. Welcome home!

Last Agent to Sell the Property

Bobby Sisk

Nestlewood Realty, LLC License #274388 Listed on: 08/19/2019

Last Buyer's Agent

Courtney Cherry

Realty ONE Group Select

Realty ONE Group Select

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1998

HOA Fees

  • $255 Monthly HOA Fees

Home Design

  • Loft
  • Contemporary Architecture
  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 1 Full Bathroom

Listing and Financial Details

  • Assessor Parcel Number 127-094-53

Community Details

Overview

  • Cams Association

Recreation

  • Recreation Facilities

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1998

Lot Details

0

HOA Fees

$255 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Loft
  • Architectural Style: Contemporary
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.97239
  • Ratio Close Price By Original Li: 0.97239
  • Ratio Current Price By Sq Ft: 188.37
  • Unit Floor Level: 3
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 303
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Entry Level: Main
  • Equipment: Disposal, Dishwasher, Electric Range, Microwave, Refrigerator, Electric Oven
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Kitchen Island, Open Floorplan, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Closet
  • Room Count: 2
  • Main Level Sq Ft: 987
  • Total Sq Ft: 1290

Exterior Features

  • Construction: Brick Partial, Fiber Cement
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Parking Garage, Parking Space - 1

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Gated Community, Recreation Area
  • Association Fee: 255.00
  • Association Fee Frequency: Monthly
  • Complex Name: Elizabeth Lofts
  • HOA Management Company: CAMS
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Eastover
  • Middle School: Alexander Graham
  • High School: Myers Park

Lot Info

  • Parcel Number: 127-094-53
  • Zoning Specification: O3CD

Tax Info

  • Tax Value: 197500.00
  • Tax Location: Charlotte

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
7.04%
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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Deed -- None Listed On Document
Warranty Deed $240,000 None Available
Warranty Deed $218,000 Master Title Agency Llc
Warranty Deed $172,000 --
Warranty Deed $155,000 --
Warranty Deed $139,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $194,400 New Conventional
Previous Owner $190,800 Purchase Money Mortgage
Previous Owner $137,600 New Conventional
Previous Owner $124,000 Purchase Money Mortgage
Closed $15,500 No Value Available
Closed $34,400 No Value Available
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: CAR3537627

Canopy MLS (Canopy Realtor® Association)

APN: 127-094-53