NOT LISTED FOR SALE

Estimated Value: $430,000 - $469,600

1 Bed
1 Bath
1,034 Sq Ft
$438/mo HOA Fee

Last Sold April 01, 2022

Last sale price $409,000 $396 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,278/month

70 Days on Market

Highlights

  • Open Floorplan
  • 4-minute walk to Stonewall
  • Wood Flooring
  • Myers Park High Rated A
  • Transitional Architecture
  • Business Center

About This Home

As of April 2022

Enjoy urban living at its finest in the heart of Charlotte Center City! This beautifully updated 7th floor unit in The Ratcliffe offers an inviting entry with warm lighting, a new herringbone design gas fireplace surround and new cocktail bar in the living room. The upgraded chef's kitchen with timeless style features white cabinetry with glass accent doors, neutral counters and Bosch stainless appliances including a 5 burner gas range. Large dining area opens to a balcony for enjoying morning coffee. Step outside and appreciate "The Green", a fabulous 1-1/2 acre park right at your front door! Easy walk to Uptown restaurants, theater events, art/cultural museums, Panthers' stadium & Hornets games. This highly desired building also has direct access to Overstreet Mall and secured garage parking with an assigned deeded space and storage unit. New geo-thermal HVAC installed in the past year.

Last Agent to Sell the Property

Alison Smith

Allen Tate SouthPark License #270404 Listed on: 01/21/2022

Allen Tate SouthPark

Last Buyer's Agent

Erin McQueen

Unity Property Group LLC License #304983

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,935

Year Built

  • Built in 2002

Lot Details

  • 4

HOA Fees

  • $438 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,034 Sq Ft Home
  • Open Floorplan
  • Bar Fridge
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Garden Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

Utilities

  • Vented Exhaust Fan
  • Heat Pump System
  • Geothermal Heating and Cooling

Listing and Financial Details

  • Assessor Parcel Number 125-052-54

Community Details

Overview

  • Cams Association, Phone Number (704) 731-5560
  • Mid-Rise Condominium
  • The Ratcliffe Condos
  • Mandatory home owners association

Amenities

  • Business Center
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,935

Year Built

Built in 2002

Lot Details

0

HOA Fees

$438 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Transitional
  • Year Built: 2002
  • Unit Floor Level: 7
  • Road Surface Type: None
  • Structure Type: Mid-Rise
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: See Remarks
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Interior Amenities: Garden Tub, Open Floorplan, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1034
  • Third Level Sq Ft: 0
  • 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: 0
  • Porch: Balcony
  • Appliances: Bar Fridge, Ceiling Fan(s), Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Range, Plumbed For Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 1034
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Tax Location: Charlotte
  • Construction Type: Site Built
  • Construction Type: Brick Partial

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Assigned, On Street, Parking Garage

Utilities

  • Heating: Geothermal, Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Closet
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Business Center, Elevator
  • Association Fee: 438.3
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: The Ratcliffe
  • Association Name: CAMS
  • Phone: 704-731-5560
  • ResoAssociationFeeFrequency: Monthly

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 125-052-54
  • Land Included Yn: 0
  • Zoning Description: UMUD

Tax Info

  • RATIO List Price By Tax Amount: 1.34731

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Mar 24, 2022
Sold by
Duncan Laura E
Bought by
Mcqueen Lauren Elizabeth
Seller's Agent
Alison Smith
Allen Tate SouthPark
Buyer's Agent
Erin McQueen
Unity Property Group LLC
List Price
$450,000
Sold Price
$409,000
Premium/Discount to List
-$41,000
-9.11%
Current Estimated Value
$450,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,900
Avg. Annual Appreciation
3.95%
Original Mortgage
$364,000
Outstanding Balance
$251,699
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$211,670

Purchase Details

Listed on
May 5, 2017
Closed on
Jul 12, 2017
Sold by
Wesolek Lisa M and Wesolek Kurt D
Bought by
Duncan Laura E
Seller's Agent
Sarah Kennerly
Cottingham Chalk
Buyer's Agent
Talia Johnson
Lifestyle International Realty
List Price
$349,500
Sold Price
$325,000
Premium/Discount to List
-$24,500
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%

Purchase Details

Closed on
Sep 9, 2005
Sold by
Tieben Shannon C
Bought by
Wesolek Kurt D and Wesolek Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,300
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 7, 2003
Sold by
The Ratcliffe Llc
Bought by
Tieben Shannon C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
5.89%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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
Mcqueen Lauren Elizabeth $818 Hunter & Chandler Law Group Pl
Duncan Laura E $325,000 None Available
Wesolek Kurt D $353,500 --
Tieben Shannon C $224,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcqueen Lauren Elizabeth $364,000
Previous Owner Wesolek Kurt D $35,300
Previous Owner Wesolek Kurt D $282,800
Previous Owner Tieben Shannon C $95,000
Previous Owner Tieben Shannon C $10,000
Previous Owner Tieben Shannon C $217,280
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold $409,000 -9.1% $396 / Sq Ft
01/21/2022 01/21/22 For Sale $450,000 +38.5% $435 / Sq Ft
08/01/2017 08/01/17 Sold $325,000 -7.0% $321 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
05/05/2017 05/05/17 For Sale $349,500 -- $345 / 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
2023 $3,935 $486,952 $0 $486,952
2022 $3,223 $334,000 $0 $334,000
2021 $3,496 $334,000 $0 $334,000
2020 $3,489 $334,000 $0 $334,000
2019 $3,518 $334,000 $0 $334,000
2018 $4,170 $298,000 $81,000 $217,000
2017 $4,077 $298,000 $81,000 $217,000
2016 $4,068 $298,000 $81,000 $217,000
2015 $4,056 $298,000 $81,000 $217,000
2014 $4,494 $333,200 $90,000 $243,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3821172

Canopy MLS (Canopy Realtor® Association)

APN: 125-052-54