$650,000
$49K PRICE DROP

4311 Commonwealth Ave Charlotte, NC 28205

Oakhurst Neighborhood

Estimated payment $3,855/month

Total Views 4,121
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Prime piece of land located in the charming Oakhurst neighborhood of Charlotte! Perfect for developers looking to create much-needed multifamily housing in a thriving area, with potential for constructing townhomes or duplexes. This property is surrounded by a mix of original homes from the 1920s to the 1950s and newer townhomes, making it a desirable spot for families and young professionals. Just minutes from shopping, dining, and entertainment options that are all within walking distance. With 0.76 acres, this is one of the largest lots on the street, with the potential to build. The Oakhurst area is experiencing exciting growth, with increasing demand for multifamily housing as more people want to live close to the city. The current structure is recommended for demolition. Buyers should verify all details regarding the property and its potential.

Listing Agent

Todd Wise

Premier Sotheby's International Realty Brokerage Email: MTWISEGUY@EARTHLINK.NET License #276265 Listed on: 05/12/2025

Premier Sotheby's International Realty

Co-Listing Agent

Blake Benfield

Premier Sotheby's International Realty Brokerage Email: MTWISEGUY@EARTHLINK.NET License #221784

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,550

Year Built

  • Built in 1920

Additional Features

  • 1-Story Property
  • Property is zoned N1-C
  • Cable TV Available

Community Details

  • Oakhurst Subdivision

Listing and Financial Details

  • Assessor Parcel Number 161-043-35

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,550

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1920
  • Proposed Special Assessment Desc: no
  • Road Surface Type: Dirt, Paved
  • Unit Levels: One
  • Geocode Confidence: High
  • Attribution Contact: MTWISEGUY@EARTHLINK.NET
  • Special Features: None

Interior Features

  • Foundation Details: None
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 0
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 1291
  • Sq Ft Unheated Total: 1291
  • Sq Ft Upper: 0
  • Appliances: None
  • Has Basement: Other
  • Basement YN: No
  • Bedroom Main: 0
  • Room Count: 1
  • Sq Ft Other: 243

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: N/A

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: None

Utilities

  • Heating: None
  • Sewer: Public Sewer
  • Laundry Features: None
  • Cooling: N/A
  • Utilities: Cable Available
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.76
  • Lot Size Units: Acres
  • Parcel Number: 161-043-35
  • Land Included Yn: 1
  • Additional Parcels: No
  • Zoning Specification: N1-C

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,550 $573,700 $412,500 $161,200
2022 $2,581 $254,400 $135,000 $119,400
2021 $2,569 $254,400 $135,000 $119,400
2020 $2,562 $254,400 $135,000 $119,400
2019 $2,547 $254,400 $135,000 $119,400
2018 $2,171 $159,900 $82,500 $77,400
2017 $2,133 $159,900 $82,500 $77,400
2016 $2,123 $159,900 $82,500 $77,400
2015 $2,112 $159,900 $82,500 $77,400
2014 $2,116 $165,200 $82,500 $82,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Price Changed $650,000 -7.0% --
07/10/2025 07/10/25 For Sale $699,000 0.0% --
07/09/2025 07/09/25 Off Market $699,000 -- --
05/12/2025 05/12/25 For Sale $699,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Exchange Deed -- None Available
Warranty Deed $136,000 --
Warranty Deed $104,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $125,000 Unknown
Previous Owner $131,920 Purchase Money Mortgage
Previous Owner $52,000 Unknown
Source: Public Records

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4257548

Canopy MLS (Canopy Realtor® Association)

APN: 161-043-35