$325,000
SOLD AUG 1, 2017
1 Bed
1 Bath
1,013 Sq Ft
$308/mo HOA Fee

Recently Sold

$321 Per Sq Ft

7% Below List Price

12 Days on Market

Highlights

  • Open Floorplan
  • 5-minute walk to 3Rd Street
  • Wood Flooring
  • Myers Park High Rated A
  • Traditional Architecture
  • Terrace

About This Home

As of April 2022

Rare opportunity to buy a fabulous 1 bedroom condo in the Ratcliffe! Gourmet kitchen, beautiful hardwoods, wonderful open floor plan. This condo has been meticulously maintained and shows beautifully! Walk to local restaurants, museums, parks, Panthers and Knights stadiums. This building has direct access to Overstreet Mall and Wells Fargo. Secured parking, and secure building access.

Last Agent to Sell the Property

Sarah Kennerly

Cottingham Chalk License #81208 Listed on: 05/05/2017

Cottingham Chalk

Last Buyer's Agent

Talia Johnson

Lifestyle International Realty License #285933

Lifestyle International Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2002

HOA Fees

  • $308 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 1 Full Bathroom
  • Open Floorplan
  • Fireplace

Flooring

  • Wood
  • Tile

Outdoor Features

  • Terrace

Community Details

  • Cams Association, Phone Number (704) 731-5560
  • Mid-Rise Condominium

Listing and Financial Details

  • Assessor Parcel Number 12505254

Property Details

Home Type

Condominium

Year Built

Built in 2002

Lot Details

0

HOA Fees

$308 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Mid-Rise
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.92990
  • Ratio Close Price By Original Li: 0.92990
  • Ratio Current Price By Sq Ft: 320.83
  • Unit Floor Level: 7
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Cooktop Gas, Dishwasher, Electric Dryer Hookup, Microwave
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-731-5560
  • Interior Amenities: Open Floorplan, Pantry
  • Laundry Location: Closet
  • Room Count: 1
  • Main Level Sq Ft: 1013
  • Total Sq Ft: 1013

Exterior Features

  • Construction: Brick Full, Hard Stucco
  • Construction Type: Site Built
  • Exterior Features: Terrace
  • Publically Maintained Road: Yes

Garage/Parking

  • Parking: Parking Garage, Parking Space - 1

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 308.00
  • Association Fee Frequency: Monthly
  • Complex Name: The Ratcliffe
  • HOA Management Company: CAMS
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Parcel Number: 12505254
  • Zoning Specification: R300

Tax Info

  • Tax Value: 298000.00
  • Tax Location: Charlotte

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
$453,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,495
Avg. Annual Appreciation
2.96%
Original Mortgage
$364,000
Outstanding Balance
$251,699
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$199,201

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 Type Sale Price Title Company
Warranty Deed $818 Hunter & Chandler Law Group Pl
Warranty Deed $325,000 None Available
Warranty Deed $353,500 --
Warranty Deed $224,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $364,000 New Conventional
Previous Owner $35,300 Credit Line Revolving
Previous Owner $282,800 Fannie Mae Freddie Mac
Previous Owner $95,000 Credit Line Revolving
Previous Owner $10,000 Credit Line Revolving
Previous Owner $217,280 Purchase Money Mortgage
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: CAR3278137

Canopy MLS (Canopy Realtor® Association)

APN: 125-052-54