NOT LISTED FOR SALE

437 E 16th St Unit 1007E Charlotte, NC 28206

Optimist Park Neighborhood

Estimated Value: $560,088 - $629,000

3 Beds
3.5 Baths
1,845 Sq Ft
$319/Sq Ft Est. Value

Last Sold July 01, 2020

Last sale price $397,275 $215 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,481/month

9 Days on Market

Highlights

  • Built in 2019 | Newly Remodeled
  • Engineered Wood Flooring
  • Tankless Water Heater
  • Traditional Architecture
  • 2 Car Attached Garage
  • Level Entry For Accessibility

About This Home

As of July 2020

This home is located at 437 E 16th St Unit 1007E, Charlotte, NC 28206 since 10 September 2019 and is currently estimated at $589,272, approximately $319 per square foot. This property was built in 2019. 437 E 16th St Unit 1007E is a home located in Mecklenburg County with nearby schools including Villa Heights Elementary, Eastway Middle School, and Garinger High School.

Last Agent to Sell the Property

Jerry Smith

Smith Capital Partners LLC Brokerage Email: jesmith@nvrinc.com License #126145 Listed on: 09/10/2019

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2019 | Newly Remodeled

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
  • Insulated Windows
  • Insulated Doors
  • Laundry on upper level

Kitchen

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

Flooring

  • Engineered Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

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 08107747

Property Details

Home Type

Multi-Family

Year Built

Built in 2019 | Newly Remodeled

Lot Details

784 Sq Ft Lot

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: 2020-06-22
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Four
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 215.33
  • Attribution Contact: jesmith@nvrinc.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Flooring: Carpet, Tile, Vinyl
  • 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: 15
  • Sq Ft Unheated Third: 165
  • Sq Ft Unheated Total: 180
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 640
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Oven, Plumbed For Ice Maker, Tankless Water Heater
  • 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
  • Roof: Shingle
  • 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: 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: 08107747
  • 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

Closed on
May 14, 2024
Sold by
Wang Hui and Lu Zhitao
Bought by
Lu Family Trust and Lu
Current Estimated Value
$579,030

Purchase Details

Listed on
Sep 10, 2019
Closed on
Jun 17, 2020
Sold by
Nvr Inc
Bought by
Wang Hui and Lu Zhitao
Seller's Agent
Jerry Smith
Smith Capital Partners LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$395,990
Sold Price
$397,275
Premium/Discount to List
$1,285
0.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%
Original Mortgage
$297,956
Interest Rate
3.2%
Mortgage Type
New Conventional

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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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
Lu Family Trust -- None Listed On Document
Lu Family Trust -- None Listed On Document
Wang Hui $397,500 None Available
Nvr Inc -- None Available
Nvr Inc $284,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Hui $297,956
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2020 07/01/20 Sold $397,275 +0.3% $215 / Sq Ft
09/19/2019 09/19/19 Pending -- -- --
09/10/2019 09/10/19 For Sale $395,990 -- $215 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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

    Smith Capital Partners LLC

    (704) 604-2307

    1,414 Total Sales

    Jerry Smith
    Section Image

  • N

    Buyer's Agent in 2020

    Non Member

    NC_CanopyMLS

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3548852

Canopy MLS (Canopy Realtor® Association)

APN: 081-077-47

North Carolina Mecklenburg County Charlotte 28206 Optimist Park

437 E 16th St Unit 1007E, Charlotte, NC

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS (Canopy Realtor® Association) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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