NOT LISTED FOR SALE

Estimated Value: $218,000 - $304,000

2 Beds
1 Bath
1,154 Sq Ft
$226/Sq Ft Est. Value

Last Sold March 22, 2018

Last sale price $102,500 $89 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $1,538/month

15 Days on Market

Highlights

  • Ranch Style House
  • Wood Burning Fireplace
  • 4-minute walk to Howie Acres Neighborhood Park
  • Tile Flooring

About This Home

As of March 2018

GREAT INVESTOR OPPORTUNITY!! 2 Bed/1 Bath, living room with office ensuite divided with french doors, and bonus den which is currently being used as bedroom. Located in the popular growing area of East Charlotte; appx 1 mile from Sugar Creek, 2 miles from the heart of NoDa and 2.6 from Plaza Midwood. Hidden gem with HUGE potential. Close proximity to the Sugar Creek station of Blue Light Rail Extension set to open for service March 16th. Tenant occupied on a month to month lease. Tenant subject to move out unless new owner is willing to continue tenancy. Currently pays $750 monthly, but can potentially net $800+ after renovations. Property has excellent bones, just needs some TLC. Don't miss out on this exclusive opportunity!! Seller will make no repairs. Sold AS IS.

Last Agent to Sell the Property

Rona Chen

Keller Williams Ballantyne Area License #287970 Listed on: 02/19/2018

Keller Williams Ballantyne Area

Last Buyer's Agent

Andrew Greenberg

EXP Realty LLC Ballantyne License #285564

EXP Realty LLC Ballantyne

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 9,148

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • Wood Burning Fireplace
  • Crawl Space
  • Oven

Flooring

  • Tile
  • Vinyl

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 091-031-31

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.97619
  • Ratio Close Price By Original Li: 0.97619
  • Ratio Current Price By Acre: 488095.24
  • Ratio Current Price By Sq Ft: 88.82
  • Year Built: 1959
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Cooktop Electric, Dishwasher, Microwave, Oven, Refrigerator
  • Fireplace Description: Wood Burning
  • Flooring: Tile, Vinyl
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1154
  • Total Sq Ft: 1154

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Parking: Carport - 1 Car

Utilities

  • Heating: Gas Hot Air Furnace, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Schools

  • Elementary School: Highland Renaissance
  • Middle School: Martin Luther King Jr
  • High School: Garinger

Lot Info

  • Lot Size Area: 0.210
  • Parcel Number: 091-031-31
  • Zoning Specification: R5

Tax Info

  • Tax Value: 36100.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2018
Closed on
Mar 22, 2018
Sold by
Tsoi Chuen Yau
Bought by
Vermoesen Elizabeth
Seller's Agent
Rona Chen
Keller Williams Ballantyne Area
Buyer's Agent
Andrew Greenberg
EXP Realty LLC Ballantyne
List Price
$105,000
Sold Price
$102,500
Premium/Discount to List
-$2,500
-2.38%
Current Estimated Value
$260,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,982
Avg. Annual Appreciation
13.26%
Original Mortgage
$82,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2012
Sold by
Le Hung Minh
Bought by
Tsoi Chuen Yau

Purchase Details

Closed on
Sep 13, 2012
Sold by
Le Hung Minh
Bought by
Tsoi Chuen Yau

Purchase Details

Closed on
May 4, 2009
Sold by
Hsbc Mortgage Services Inc
Bought by
Le Hung Minh

Purchase Details

Closed on
Oct 16, 2008
Sold by
Simmons Roger and Simmons Jaqueline
Bought by
Hsbc Mortgage Services Inc

Purchase Details

Closed on
Aug 30, 2005
Sold by
Simmons Jacqueline
Bought by
Simmons Roger and Simmons Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
8.72%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Vermoesen Elizabeth $102,500 None Available
Tsoi Chuen Yau $38,000 None Available
Tsoi Chuen Yau $38,000 None Available
Le Hung Minh $42,000 None Available
Hsbc Mortgage Services Inc $62,541 None Available
Simmons Roger -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vermoesen Elizabeth $16,400
Open Vermoesen Elizabeth $105,000
Closed Vermoesen Elizabeth $82,000
Previous Owner Simmons Roger $98,800
Previous Owner Simmons Roger $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2018 03/22/18 Sold $102,500 -2.4% $89 / Sq Ft
03/06/2018 03/06/18 Pending -- -- --
02/19/2018 02/19/18 For Sale $105,000 -- $91 / 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 $1,800 $217,500 $110,000 $107,500
2024 $1,800 $217,500 $110,000 $107,500
2023 $955 $217,500 $110,000 $107,500
2022 $955 $99,000 $70,000 $29,000
2021 $955 $99,000 $70,000 $29,000
2020 $1,063 $99,000 $70,000 $29,000
2019 $1,047 $99,000 $70,000 $29,000
2018 $647 $43,700 $9,100 $34,600
2017 $629 $43,700 $9,100 $34,600
2016 $521 $36,100 $9,100 $27,000
2015 $509 $36,100 $9,100 $27,000
2014 $673 $47,600 $9,100 $38,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3361846

Canopy MLS (Canopy Realtor® Association)

APN: 091-031-31