NOT LISTED FOR SALE

Estimated Value: $699,000 - $890,451

5 Beds
4 Baths
2,046 Sq Ft
$401/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $580,000 $283 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,640/month

117 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Corner Lot
  • Myers Park High Rated A

About This Home

As of June 2020

** VACANT ** Rare opportunity to own both units of a recently renovated duplex in an expanding hot area of Cotswold. Rent both or live on one side, rent the other. Current owner rents as an airbnb and as a short term rental. Airbnb rates $140/night for the 3/2 unit and $120/night for the 2/2 or $2500/month for the 3/2 and $2250/month for the 2/2. Great privacy -- each unit has its own driveway, private entrances and fenced yard. Hardwood floors throughout, with 2 full baths in each unit. Roof, HVAC units replaced in 2017. All appliances, kitchenware, and TV's to convey. Furniture is negotiable.

Last Agent to Sell the Property

Ashley Smith

Mackey Realty LLC License #274049 Listed on: 01/18/2020

Last Buyer's Agent

Maureen Mahood

Sell Your Home Charlotte License #281766

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 0.36

Home Design

  • Duplex
  • Ranch Style House

Flooring

  • Wood
  • Tile

Additional Features

  • 4 Full Bathrooms
  • Crawl Space
  • Corner Lot

Listing and Financial Details

  • Rent includes all utilities
  • Assessor Parcel Number 157-201-07

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.92800
  • Ratio Close Price By Original Li: 0.92800
  • Ratio Current Price By Acre: 1611111.11
  • Ratio Current Price By Sq Ft: 283.48
  • Year Built: 1968
  • Property Features: Attic Stairs Pulldown, Dishwasher, Disposal, Range/Oven, Refrigerator, W/D Connection
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Equipment: Dishwasher, Disposal, Dryer, Washer
  • Flooring: Tile, Wood
  • Laundry Location: Main
  • Sq Ft Additional: 153
  • Total Sq Ft: 2046

Exterior Features

  • Construction: Brick Partial
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway

Utilities

  • Heating: Central Air, Electric Hot Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Features: Corner Lot
  • Parcel Number: 157-201-07
  • Zoning Specification: R3

Rental Info

  • Rent Includes: All Utilities

Tax Info

  • Tax Value: 349300.00
  • Tax Location: Mecklenburg

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2020
Closed on
Jun 12, 2020
Sold by
Kirchner Christopher Todd
Bought by
Kirchner Christopher Todd and Kirchner Judith G
Seller's Agent
Ashley Smith
Mackey Realty LLC
Buyer's Agent
Maureen Mahood
Sell Your Home Charlotte
List Price
$625,000
Sold Price
$580,000
Premium/Discount to List
-$45,000
-7.2%
Current Estimated Value
$821,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,150
Avg. Annual Appreciation
6.41%

Purchase Details

Closed on
Jan 13, 2018
Sold by
Cuevas Johnathan V and Cuevas Sherrie B
Bought by
Cuevas Johnathan V and Cuevas Sherrie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 14, 2004
Sold by
Sholin Carson Broome
Bought by
Sholin Carson Broome
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kirchner Christopher Todd -- None Available
Cuevas Johnathan V -- None Available
Sholin Carson Broome -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cuevas Johnathan V $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2020 06/15/20 Sold $580,000 -7.2% $283 / Sq Ft
05/14/2020 05/14/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $625,000 +7.8% $305 / Sq Ft
02/25/2020 02/25/20 Off Market $580,000 -- --
01/26/2020 01/26/20 Pending -- -- --
01/18/2020 01/18/20 For Sale $625,000 +108.3% $305 / Sq Ft
04/01/2016 04/01/16 Sold $300,000 -14.3% $146 / Sq Ft View Prior Sale
01/04/2016 01/04/16 Pending -- -- --
12/21/2015 12/21/15 For Sale $349,999 -- $171 / 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 $4,670 $576,200 $280,000 $296,200
2024 $4,670 $576,200 $280,000 $296,200
2023 $4,670 $642,500 $280,000 $362,500
2022 $3,622 $349,300 $225,000 $124,300
2021 $3,600 $349,300 $225,000 $124,300
2020 $3,585 $349,300 $225,000 $124,300
2019 $3,554 $349,300 $225,000 $124,300
2018 $2,833 $204,700 $100,000 $104,700
2017 $2,776 $204,700 $100,000 $104,700
2016 $2,757 $204,700 $100,000 $104,700
2015 $2,734 $204,700 $100,000 $104,700
2014 $2,707 $204,700 $100,000 $104,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3582179

Canopy MLS (Canopy Realtor® Association)

APN: 157-201-07