NOT LISTED FOR SALE

433 E 16th St Unit 1007D Charlotte, NC 28206

Optimist Park Neighborhood

Estimated Value: $577,742 - $627,000

3 Beds
3.5 Baths
1,845 Sq Ft
$325/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $428,225 $232 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,642/month

22 Days on Market

Highlights

  • Under Construction
  • Traditional Architecture
  • 2 Car Attached Garage
  • Open Floorplan
  • Engineered Wood Flooring
  • Walk-In Closet

About This Home

As of March 2020

Luxurious townhome living near uptown Charlotte. 4 story, 3 BR, 3.5 Bath, 2 car garage and roof top terrace w/ incredible views. This home features an open concept floorplan perfect for entertaining friends. The modern kitchen has white linen cabinets, granite countertops and stainless steel appliances. The 3rd level offers a lavish owner’s suite with double vanities, large shower and walk in closet. This floor also has a full size laundry closet and a secondary bedroom with its own private bathroom. The 4th floor offers an open loft and guest suite with full bath and large closet. You can enjoy beautiful views in the morning or watch the sunset over the city from your rooftop terrace. Discover Optimist Hall –Charlotte’s newest dining and entertainment hub that’s sure to impress even the most adventurous foodies. Parkwood Square is just steps from the light rail station and offers low maintenance townhome living in the center of where you want to be!

Last Agent to Sell the Property

Jerry Smith

NVR Homes, Inc./Ryan Homes Brokerage Email: jesmith@nvrinc.com License #126145 Listed on: 10/02/2019

Last Buyer's Agent

Corey Sefers

Coldwell Banker Realty License #291790

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 784

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Property Attached
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation
  • Advanced Framing
  • Hardboard

Interior Spaces

  • 4-Story Property
  • Open Floorplan
  • Insulated Windows
  • Insulated Doors

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater

Additional Features

  • Level Entry For Accessibility
  • No or Low VOC Paint or Finish
  • 784 Sq Ft Lot

Community Details

  • Parkwood Square Condos
  • Built by Ryan Homes
  • Parkwood Square Subdivision, Clarendon 4 Story Floorplan
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 08107746

Property Details

Home Type

Multi-Family

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$150 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Traditional
  • Year Built: 2019
  • Proposed Completion Date: 2020-03-01
  • Road Surface Type: Concrete
  • Unit Levels: Four
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 232.10
  • Attribution Contact: jesmith@nvrinc.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Breakfast Bar, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Lower Level Sq Ft: 90
  • Main Level Sq Ft: 640
  • Third Level Sq Ft: 475
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 640
  • Appliances: Dishwasher, Dryer, Electric Oven, Gas Range, Gas Water Heater, Microwave, Oven, Plumbed For Ice Maker, Refrigerator, Tankless Water Heater, Washer
  • Above Grade Finished Sq Ft: 1845
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Insulated Door(s)
  • Entry Location: Lower
  • Living Area: 1845
  • Window Features: Insulated Window(s)
  • Bedroom Third: 1

Exterior Features

  • Exterior Features: Rooftop Terrace
  • New Construction: Yes
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Hardboard Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached Garage, Garage Faces Rear, On Street

Utilities

  • Heating: Central, Forced Air, Natural Gas, Zoned
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Upper Level
  • Cooling: Zoned
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association Fee: 150
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Parkwood Square
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Views
  • Lot Size Units: Acres
  • Parcel Number: 08107746
  • Zoning: R-O
  • Land Included Yn: 1
  • Development Status: Under Construction
  • Lot Size Acres: 0.018
  • Lot Size Sq Ft: 784
  • ResoLotSizeUnits: Acres
  • Zoning Specification: TOD-R(O)

Green Features

  • Green Sustainability: Advanced Framing, Engineered Wood Products, Low VOC Coatings, XeriscapinDrought Resist. Plnts

Building Info

  • Builder Name: Ryan Homes

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2019
Closed on
Mar 16, 2020
Sold by
Nvr Inc
Bought by
Gallieti G Nathan
Seller's Agent
Jerry Smith
NVR Homes, Inc./Ryan Homes
Buyer's Agent
Corey Sefers
Coldwell Banker Realty
List Price
$397,990
Sold Price
$428,225
Premium/Discount to List
$30,235
7.6%
Current Estimated Value
$599,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,211
Avg. Annual Appreciation
6.02%
Original Mortgage
$400,000
Outstanding Balance
$353,582
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$245,854

Purchase Details

Closed on
Aug 14, 2019
Sold by
Parkwood Square Community Hoa Inc
Bought by
Nvr Inc

Purchase Details

Closed on
Jul 1, 2019
Sold by
Optimist Park Partners Llc
Bought by
Nvr Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gallieti G Nathan $428,500 None Available
Nvr Inc -- None Available
Nvr Inc $1,988,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallieti G Nathan $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2020 03/31/20 Sold $428,225 +7.6% $232 / Sq Ft
10/24/2019 10/24/19 Pending -- -- --
10/02/2019 10/02/19 For Sale $397,990 -- $216 / 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 $4,213 $549,800 $130,000 $419,800
2024 $4,213 $549,800 $130,000 $419,800
2023 $4,077 $549,800 $130,000 $419,800
2022 $3,912 $401,300 $150,000 $251,300
2021 $3,912 $401,300 $150,000 $251,300
2020 $1,448 $60,000 $60,000 $0
2019 $579 $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Jerry Smith

    Seller's Agent in 2020

    Jerry Smith

    NVR Homes, Inc./Ryan Homes

    (704) 325-4823

    1,528 Total Sales

    Jerry Smith
    Section Image
  • Corey Sefers

    Buyer's Agent in 2020

    Corey Sefers

    Coldwell Banker Realty

    (704) 412-9512

    59 Total Sales

    Corey Sefers
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3555851

Canopy MLS (Canopy Realtor® Association)

APN: 081-077-46

North Carolina Mecklenburg County Charlotte 28206 Optimist Park

433 E 16th St Unit 1007D, Charlotte, NC

Not Listed for Sale

MultiFamily

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