4311 Commonwealth Ave Charlotte, NC 28205
Oakhurst NeighborhoodEstimated payment $3,320/month
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
Premier Sotheby's International Realty Brokerage Email: MTWISEGUY@EARTHLINK.NET License #276265 Listed on: 05/12/2025
Co-Listing Agent
Premier Sotheby's International Realty Brokerage Email: MTWISEGUY@EARTHLINK.NET License #221784
Home Details
Home Type
- Single Family
Year Built
- Built in 1920
Additional Features
- 1-Story Property
- Property is zoned N1-C
- Cable TV Available
Community Details
- No Home Owners Association
- Oakhurst Subdivision
Listing and Financial Details
- Assessor Parcel Number 161-043-35
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,550 | $448,600 | $412,500 | $36,100 |
| 2024 | $3,550 | $448,600 | $412,500 | $36,100 |
| 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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/19/2025 10/19/25 | Pending | -- | -- | -- |
| 10/02/2025 10/02/25 | Price Changed | $575,000 | -11.5% | -- |
| 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 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Exchange Deed | -- | None Available | |
| Warranty Deed | $136,000 | -- | |
| Warranty Deed | $104,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $131,920 | Purchase Money Mortgage |
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4257548
APN: 161-043-35
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