NOT LISTED FOR SALE

Estimated Value: $1,680,000 - $3,413,000

4 Beds
4 Baths
2,515 Sq Ft
$1,142/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $544,000 $216 Per Sq Ft

Est. 428% increase in value since last sale

Current estimated payment $16,670/month

216 Days on Market

About This Home

As of June 2018

Back on the market!
Excellent investment opportunity.
Over 1/2-acre corner lot in Cotswold.
Rehab existing duplex or tear down and build new.
The duplex is being sold as-is.

Last Agent to Sell the Property

John Anderson

JCAN Properties LLC License #280009 Listed on: 10/19/2017

Last Buyer's Agent

Rachael Dunnavant

COMPASS License #274149

COMPASS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 0.51

Home Design

  • Duplex
  • Traditional Architecture

Additional Features

  • Crawl Space

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 181-121-09

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.94609
  • Ratio Close Price By Original Li: 0.87040
  • Ratio Current Price By Acre: 1060428.85
  • Ratio Current Price By Sq Ft: 216.30
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Equipment: Cable Prewire
  • Laundry Location: Main
  • Sq Ft Additional: 64
  • Total Sq Ft: 2515

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway, On-Street Parking

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water

Schools

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

Lot Info

  • Lot Dimension: per survey
  • Lot Size Area: 0.513
  • Parcel Number: 181-121-09
  • Zoning Specification: R3

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 433200.00
  • Tax Location: Charlotte

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2017
Closed on
Jun 22, 2018
Sold by
Jcan Properties Llc
Bought by
Allen Patrick and Allen Josalyn
Seller's Agent
John Anderson
JCAN Properties LLC
Buyer's Agent
Rachael Dunnavant
COMPASS
List Price
$575,000
Sold Price
$544,000
Premium/Discount to List
-$31,000
-5.39%
Current Estimated Value
$2,871,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,327,669
Avg. Annual Appreciation
25.52%
Original Mortgage
$408,000
Outstanding Balance
$244,602
Interest Rate
4.49%
Mortgage Type
VA
Estimated Equity
$2,627,067

Purchase Details

Closed on
May 15, 2017
Sold by
Alexander Alexander H and Alexander Elizabeth
Bought by
Jcan Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2003
Sold by
Ferguson Thomas G and Ferguson Karen W
Bought by
Alexander H Heath and Alexander Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,440
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
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
Allen Patrick $544,000 None Available
Jcan Properties Llc $484,000 Fidelity National Title
Alexander H Heath $273,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Patrick $408,000
Previous Owner Jcan Properties Llc $975,000
Previous Owner Alexander H Heath $218,440
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2018 06/22/18 Sold $544,000 -5.4% $216 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $575,000 -8.0% $229 / Sq Ft
05/05/2018 05/05/18 Pending -- -- --
10/19/2017 10/19/17 For Sale $625,000 -- $249 / 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
2025 $17,340 $2,489,900 $750,000 $1,739,900
2024 $17,340 $2,269,800 $750,000 $1,519,800
2023 $16,788 $2,269,800 $750,000 $1,519,800
2022 $13,548 $1,390,900 $412,500 $978,400
2021 $13,537 $1,390,900 $412,500 $978,400
2020 $3,981 $412,500 $412,500 $0
2019 $3,981 $412,500 $412,500 $0
2018 $5,388 $399,500 $267,200 $132,300
2017 $5,297 $399,500 $267,200 $132,300
2016 $5,278 $399,500 $267,200 $132,300
2015 $5,255 $399,500 $267,200 $132,300
2014 $5,641 $433,100 $356,300 $76,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3329798

Canopy MLS (Canopy Realtor® Association)

APN: 181-121-09